Studio · 373 sqftPrive by Damac Tower B, Business Bay · 11th floor · completed 2019

1104, Prive by Damac Tower B

Sold prices and rental history: sold twice, last in June 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1104 · DLD and Ejari recordsUpdated 23 August 2024
Last soldAED 760K17 June 2022
Current rentAED 65K /yr23 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1104, Prive by Damac Tower B

What is 1104 worth today?

Last sold for AED 760,000 in 2022

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23 Aug 2024RentedNew contract
AED 65,000/yr12 months · AED 173 per sqft
8 Apr 2023RentedNew contract
AED 60,000/yr12 months · AED 159 per sqft
17 Jun 2022SoldReady
AED 760,000AED 2,040 per sqft
12 Mar 2014Sold by developerOff-plan
AED 975,650AED 2,618 per sqft

Source: Dubai Land Department. Updated 23 August 2024.

Key facts

Type
Studio apartment
Size
373 sqft
Floor
11th of 32
Parking
P2-122
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 760K · June 2022

About 1104, Prive by Damac Tower B

1104 is a studio of 373 sqft on the 11th floor of Prive by Damac Tower B, a 32-storey tower in Business Bay completed in 2019 by Namaa Properties Development. It last sold on 17 June 2022 for AED 760,000, or AED 2,040 per sqft, 12% above the AED 1,827 studios in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 23 August 2024, is AED 65,000 a year: a gross yield of 8.6% on the 2022 price.

Sales and rents for 1104 over time

Sales
Unit 1104, 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, March 2014: AED 975,650 (AED 2,618 per sqft)Sold, June 2022: AED 760,000 (AED 2,040 per sqft)

1104 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1104, 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, April 2023: AED 60,000 a yearNew contract, August 2024: 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 1104 sits

All 401 studios →

1104 last sold in June 2022 at AED 2,040 per sqft, 12% above what studios in Prive by Damac Tower B were fetching at the time (AED 1,827). 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. 1104'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 11th floor

All 526 units in Prive by Damac Tower B
Value
1101StudioAED 900K · May 2023
1102StudioAED 960K · Oct 2023
1103StudioAED 888K · Oct 2026
1105StudioAED 1.12M · Mar 2014
1106StudioAED 800K · Apr 2019
1107StudioAED 1.29M · Mar 2014
11082-bedAED 2.97M · Mar 2019
1–7 of 18

1104, Prive by Damac Tower B in numbers

  • Sold twice: first on 12 March 2014 for AED 975,650, last on 17 June 2022 for AED 760,000 (AED 2,040 per sqft).
  • Rented since April 2023 on 2 Ejari contracts, from AED 60,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2022 price is 8.6%.
  • 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 23 August 2024.

Questions about 1104, Prive by Damac Tower B

What did unit 1104 last sell for?

AED 760,000 on 17 June 2022: AED 2,040 per sqft for 373 sqft. The unit has 2 registered sales; the first was AED 975,650 in March 2014.

What is the rent for unit 1104?

AED 65,000 a year on the contract signed on 23 August 2024. The previous contract, from April 2023, was AED 60,000.

How big is unit 1104?

373 sqft (34.7 sqm): a studio on the 11th floor of a 32-storey tower completed in 2019.

What is unit 1104 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 1104, Prive by Damac Tower B

Starts from the last sale price (AED 760K, 17 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 760,000
Deposit, UAE resident (20%)
AED 152,000
Deposit, non-resident (40%)
AED 304,000
Monthly over 25 years at 3.7%
AED 3,109

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