Studio · 397 sqftPrive by Damac Tower B, Business Bay · 10th floor · completed 2019

1003, Prive by Damac Tower B

Sold prices and rental history: sold once, by the developer in April 2014, and rented once, from November 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1003 · DLD and Ejari recordsUpdated 29 November 2025
Last soldAED 953K23 April 2014
Current rentAED 88K /yr29 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1003, Prive by Damac Tower B

What is 1003 worth today?

Last sold for AED 952,600 in 2014

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29 Nov 2025RentedNew contract
AED 88,000/yr12 months · AED 222 per sqft
23 Apr 2014Sold by developerOff-plan
AED 952,600AED 2,398 per sqft

Source: Dubai Land Department. Updated 29 November 2025.

Key facts

Type
Studio apartment
Size
397 sqft
Floor
10th of 32
Parking
P2-103
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 953K · April 2014

About 1003, Prive by Damac Tower B

1003 is a studio of 397 sqft on the 10th floor of Prive by Damac Tower B, a 32-storey tower in Business Bay completed in 2019 by Namaa Properties Development. The developer sold it on 23 April 2014 for AED 952,600, or AED 2,398 per sqft, 7% below the AED 2,579 studios in the building were fetching at the time.

One Ejari contract is registered, from 29 November 2025. The current contract, signed on 29 November 2025, is AED 88,000 a year: a gross yield of 9.2% on the 2014 price.

Sales and rents for 1003 over time

Sales
Unit 1003, each saleTypical studio in Prive by Damac Tower B
1M2014201820222026Typical sale price by year: 2014 AED 1,100,100; 2015 AED 1,179,750; 2016 AED 966,000; 2017 AED 1,072,000; 2018 AED 612,500; 2019 AED 924,444; 2020 AED 729,000; 2021 AED 745,000; 2022 AED 825,000; 2023 AED 945,000; 2024 AED 1,010,000; 2025 AED 1,050,000; 2026 AED 930,000Sold by developer, April 2014: AED 952,600 (AED 2,398 per sqft)

1003 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1003, each contractTypical studio in Prive by Damac Tower B
40K60K80K2020202220242026Typical rent by year: 2020 AED 45,000; 2021 AED 45,000; 2022 AED 60,000; 2023 AED 66,000; 2024 AED 70,000; 2025 AED 75,000; 2026 AED 65,000New contract, November 2025: AED 88,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Prive by Damac Tower B, and where 1003 sits

All 401 studios →

1003 last sold in April 2014 at AED 2,398 per sqft, 7% below what studios in Prive by Damac Tower B were fetching at the time (AED 2,579). Over the last 12 months studios sold for AED 425,000 to 1,250,000, around AED 2,241 per sqft, and rent for AED 40,000 to 120,000 a year. 1003's AED 88,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
3 Nov 2026920,000
19 Oct 2026920,000
15 Oct 2026888,000
14 Oct 20261,000,000
38 studio sales in the last 12 months

Prive by Damac Tower B

Building

526 apartments, studios to 2-bed over 32 floors in Business Bay, completed in 2019 by Namaa Properties Development. 47 sold in the last 12 months.

Typical price per sqft
AED 2,227 Down 6.4%
Typical sale
AED 1.02M
Typical rent
AED 75K /yr
Typical yield
6.6%
Prive by Damac Tower B, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 526 units in Prive by Damac Tower B
Value
10011-bedAED 2.24M · Apr 2014
1002StudioAED 983K · Apr 2014
1004StudioAED 887K · Apr 2014
1005StudioAED 1.03M · Apr 2014
1006StudioAED 1.09M · Apr 2014
1007StudioAED 1.12M · Apr 2014
10082-bedAED 3.22M · Apr 2014
1–7 of 16

1003, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 23 April 2014 for AED 952,600, or AED 2,398 per sqft.
  • Rented since November 2025 on one Ejari contract, at AED 88,000 a year.
  • At AED 88,000 a year the gross yield on the 2014 price is 9.2%.
  • Studios in Prive by Damac Tower B sold for AED 425,000–1,250,000 in the 12 months to November 2026; the building's median across all types is AED 2,227 per sqft.

Source: Dubai Land Department. Updated 29 November 2025.

Questions about 1003, Prive by Damac Tower B

What did unit 1003 last sell for?

AED 952,600 on 23 April 2014, sold by the developer: AED 2,398 per sqft for 397 sqft. It is the only registered sale of the unit.

What is the rent for unit 1003?

AED 88,000 a year on the contract signed on 29 November 2025.

How big is unit 1003?

397 sqft (36.9 sqm): a studio on the 10th floor of a 32-storey tower completed in 2019.

What is unit 1003 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Prive by Damac Tower B sold for AED 425,000 to 1,250,000 in the last 12 months, around AED 2,241 per sqft.

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Mortgage on 1003, Prive by Damac Tower B

Starts from the last sale price (AED 953K, 23 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 952,600
Deposit, UAE resident (20%)
AED 190,520
Deposit, non-resident (40%)
AED 381,040
Monthly over 25 years at 3.7%
AED 3,897

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →