Studio · 444 sqftPrive by Damac Tower B, Business Bay · 1st floor · completed 2019

103, Prive by Damac Tower B

Sold prices and rental history: sold once, by the developer in August 2016, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 1.08M28 August 2016
Current rentAED 65K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Prive by Damac Tower B

What is 103 worth today?

Last sold for AED 1,079,400 in 2016

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1 Oct 2026RentedNew contract
AED 65,000/yr12 months · AED 126 per sqft
9 Apr 2023RentedNew contract
AED 144,000/yr1 months · AED 279 per sqft
17 Jan 2023RentedNew contract
AED 103,267/yr3 months · AED 200 per sqft
28 Aug 2016Sold by developerOff-plan
AED 1,079,400AED 2,431 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
Studio hotel apartment
Size
444 sqft
Floor
1st of 32
Parking
P1-162
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.08M · August 2016

About 103, Prive by Damac Tower B

103 is a studio of 444 sqft on the 1st 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 28 August 2016 for AED 1,079,400, or AED 2,431 per sqft, 8% above the AED 2,260 studios in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 1 October 2026, is AED 65,000 a year: a gross yield of 6.0% on the 2016 price.

Sales and rents for 103 over time

Sales
Unit 103, 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, August 2016: AED 1,079,400 (AED 2,431 per sqft)

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

Rents
Unit 103, each contractTypical studio in Prive by Damac Tower B
50K100K150K2020202220242026Typical 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, January 2023: AED 103,267 a yearNew contract, April 2023: AED 144,000 a yearNew contract, October 2026: AED 65,000 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 103 sits

All 401 studios →

103 last sold in August 2016 at AED 2,431 per sqft, 8% above what studios in Prive by Damac Tower B were fetching at the time (AED 2,260). 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. 103's AED 65,000 is in the lower 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 1st floor

All 526 units in Prive by Damac Tower B
Value
1011-bedAED 1.57M · Jan 2024
102StudioAED 1.21M · May 2017
104StudioAED 971K · Dec 2022
105StudioAED 1.07M · Aug 2023
106StudioAED 701K · Feb 2021
1072-bedAED 2.75M · Feb 2026
1081-bedAED 1.78M · Feb 2021
1–7 of 9

103, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 28 August 2016 for AED 1,079,400, or AED 2,431 per sqft.
  • Rented since January 2023 on 3 Ejari contracts, from AED 103,267 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2016 price is 6.0%.
  • 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 1 October 2026.

Questions about 103, Prive by Damac Tower B

What did unit 103 last sell for?

AED 1,079,400 on 28 August 2016, sold by the developer: AED 2,431 per sqft for 444 sqft. It is the only registered sale of the unit.

What is the rent for unit 103?

AED 65,000 a year on the contract signed on 1 October 2026. The previous contract, from April 2023, was AED 144,000; the unit has been rented since January 2023.

How big is unit 103?

444 sqft (41.2 sqm): a studio on the 1st floor of a 32-storey tower completed in 2019.

What is unit 103 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 103, Prive by Damac Tower B

Starts from the last sale price (AED 1.08M, 28 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,079,400
Deposit, UAE resident (20%)
AED 215,880
Deposit, non-resident (40%)
AED 431,760
Monthly over 25 years at 3.7%
AED 4,416

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