Studio · 471 sqftPrive by Damac Tower B, Business Bay · 11th floor · completed 2019

1106, Prive by Damac Tower B

Sold prices and rental history: sold twice, last in April 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1106 · DLD and Ejari recordsUpdated 17 February 2025
Last soldAED 800K29 April 2019
Current rentAED 80K /yr17 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1106, Prive by Damac Tower B

What is 1106 worth today?

Last sold for AED 800,000 in 2019

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17 Feb 2025RentedNew contract
AED 80,000/yr12 months · AED 170 per sqft
17 Feb 2025RentedNew contract
AED 80,000/yr12 months · AED 170 per sqft
20 Jan 2024RentedNew contract
AED 78,000/yr12 months · AED 165 per sqft
1 Jun 2023RentedRenewal
AED 60,000/yr12 months · AED 127 per sqft
1 Jun 2022RentedRenewal
AED 60,000/yr12 months · AED 127 per sqft
1 Dec 2021RentedRenewal
AED 60,000/yr6 months · AED 127 per sqft
1 Dec 2020RentedNew contract
AED 55,000/yr12 months · AED 116 per sqft
29 Apr 2019SoldOff-plan
AED 800,000AED 1,697 per sqft

Source: Dubai Land Department. Updated 17 February 2025.

Key facts

Type
Studio apartment
Size
471 sqft
Floor
11th of 32
Parking
P2-124
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 800K · April 2019

About 1106, Prive by Damac Tower B

1106 is a studio of 471 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 29 April 2019 for AED 800,000, or AED 1,697 per sqft, in line with the AED 1,697 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 17 February 2025, is AED 80,000 a year: a gross yield of 10.0% on the 2019 price.

Sales and rents for 1106 over time

Sales
Unit 1106, 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 1,203,650 (AED 2,553 per sqft)Sold, April 2019: AED 800,000 (AED 1,697 per sqft)

1106 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1106, 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, December 2020: AED 55,000 a yearRenewal, December 2021: AED 60,000 a yearRenewal, June 2022: AED 60,000 a yearRenewal, June 2023: AED 60,000 a yearNew contract, January 2024: AED 78,000 a yearNew contract, February 2025: AED 80,000 a yearNew contract, February 2025: AED 80,000 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 1106 sits

All 401 studios →

1106 last sold in April 2019 at AED 1,697 per sqft, in line with what studios in Prive by Damac Tower B were fetching at the time (AED 1,697). 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. 1106's AED 80,000 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 11th floor

All 526 units in Prive by Damac Tower B
Value
1101StudioAED 900K · May 2023
1102StudioAED 960K · Oct 2023
1103StudioAED 888K · Oct 2026
1104StudioAED 760K · Jun 2022
1105StudioAED 1.12M · Mar 2014
1107StudioAED 1.29M · Mar 2014
11082-bedAED 2.97M · Mar 2019
1–7 of 18

1106, Prive by Damac Tower B in numbers

  • Sold twice: first on 7 April 2014 for AED 1,203,650, last on 29 April 2019 for AED 800,000 (AED 1,697 per sqft).
  • Rented since December 2020 on 7 Ejari contracts, from AED 55,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2019 price is 10.0%.
  • 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 17 February 2025.

Questions about 1106, Prive by Damac Tower B

What did unit 1106 last sell for?

AED 800,000 on 29 April 2019: AED 1,697 per sqft for 471 sqft. The unit has 2 registered sales; the first was AED 1,203,650 in April 2014.

What is the rent for unit 1106?

AED 80,000 a year on the contract signed on 17 February 2025. The previous contract, from February 2025, was AED 80,000; the unit has been rented since December 2020.

How big is unit 1106?

471 sqft (43.8 sqm): a studio on the 11th floor of a 32-storey tower completed in 2019.

What is unit 1106 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 1106, Prive by Damac Tower B

Starts from the last sale price (AED 800K, 29 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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