1012, Prive by Damac Tower B
Sold prices and rental history: sold once, by the developer in April 2014, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1012, Prive by Damac Tower B
What is 1012 worth today?
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Source: Dubai Land Department. Updated 6 September 2024.
Key facts
- Type
- Studio apartment
- Size
- 471 sqft
- Floor
- 10th of 32
- Parking
- P2-114
- Developer
- Namaa Properties Development
- Completed
- 2019
- Last sold
- AED 1.09M · April 2014
- Building
- Prive by Damac Tower B
About 1012, Prive by Damac Tower B
1012 is a studio of 471 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 1,093,400, or AED 2,319 per sqft, 10% below the AED 2,579 studios in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 6 September 2024, is AED 78,000 a year: a gross yield of 7.1% on the 2014 price.
Sales and rents for 1012 over time
1012 has sold once; the dashed line is the studio median of each year in the building.
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 1012 sits
All 401 studios →1012 last sold in April 2014 at AED 2,319 per sqft, 10% 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. 1012's AED 78,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 419 sqft | 920,000 | 2,195 | ||
| 19 Oct 202619 October 2026 | 396 sqft | 920,000 | 2,321 | ||
| 15 Oct 202615 October 2026 | 396 sqft | 888,000 | 2,241 | ||
| 14 Oct 202614 October 2026 | 401 sqft | 1,000,000 | 2,496 |
Prive by Damac Tower B
Building526 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%
Other units on the 10th floor
All 526 units in Prive by Damac Tower B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 947 sqft | AED 2.24MAED 2,244,000 · Apr 2014April 2014 | 120,000 /yr | |
| 1002 | Studio | 401 sqft | AED 983KAED 983,400 · Apr 2014April 2014 | 80,000 /yr | |
| 1003 | Studio | 397 sqft | AED 953KAED 952,600 · Apr 2014April 2014 | 88,000 /yr | |
| 1004 | Studio | 372 sqft | AED 887KAED 886,600 · Apr 2014April 2014 | 93,000 /yr | |
| 1005 | Studio | 432 sqft | AED 1.03MAED 1,025,200 · Apr 2014April 2014 | 40,000 /yr | |
| 1006 | Studio | 471 sqft | AED 1.09MAED 1,093,400 · Apr 2014April 2014 | 87,500 /yr | |
| 1007 | Studio | 491 sqft | AED 1.12MAED 1,124,200 · Apr 2014April 2014 | 40,000 /yr | |
| 1008 | 2-bed | 1,409 sqft | AED 3.22MAED 3,220,800 · Apr 2014April 2014 | 180,000 /yr | |
| 1009 | 1-bed | 955 sqft | AED 2.16MAED 2,162,600 · Apr 2014April 2014 | 130,000 /yr | |
| 1010 | Studio | 438 sqft | AED 1.03MAED 1,025,200 · Apr 2014April 2014 | 65,175 /yr | |
| 1011 | Studio | 489 sqft | AED 1.11MAED 1,113,200 · Apr 2014April 2014 | 78,000 /yr | |
| 1013 | Studio | 431 sqft | AED 1.03MAED 1,025,200 · Apr 2014April 2014 | 78,750 /yr | |
| 1014 | Studio | 373 sqft | AED 887KAED 886,600 · Apr 2014April 2014 | 40,000 /yr | |
| 1015 | Studio | 401 sqft | AED 953KAED 952,600 · Apr 2014April 2014 | 98,500 /yr | |
| 1016 | Studio | 420 sqft | AED 983KAED 983,400 · Apr 2014April 2014 | 40,000 /yr | |
| 1017 | 1-bed | 976 sqft | AED 2.24MAED 2,237,400 · Apr 2014April 2014 | 125,000 /yr |
1012, Prive by Damac Tower B in numbers
- Sold once: by Namaa Properties Development on 23 April 2014 for AED 1,093,400, or AED 2,319 per sqft.
- Rented since April 2021 on 4 Ejari contracts, from AED 47,000 to AED 78,000 a year.
- At AED 78,000 a year the gross yield on the 2014 price is 7.1%.
- 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 6 September 2024.
Questions about 1012, Prive by Damac Tower B
What did unit 1012 last sell for?
AED 1,093,400 on 23 April 2014, sold by the developer: AED 2,319 per sqft for 471 sqft. It is the only registered sale of the unit.
What is the rent for unit 1012?
AED 78,000 a year on the contract signed on 6 September 2024. The previous contract, from April 2023, was AED 68,000; the unit has been rented since April 2021.
How big is unit 1012?
471 sqft (43.8 sqm): a studio on the 10th floor of a 32-storey tower completed in 2019.
What is unit 1012 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 1012, Prive by Damac Tower B
Starts from the last sale price (AED 1.09M, 23 April 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,093,400
- Deposit, UAE resident (20%)
- AED 218,680
- Deposit, non-resident (40%)
- AED 437,360
- Monthly over 25 years at 3.7%
- AED 4,473
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →