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1-bed · 955 sqftPrive by Damac Tower B, Business Bay · 11th floor · completed 2019

1109, Prive by Damac Tower B

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

Unit 1109 · DLD and Ejari recordsUpdated 10 January 2023
Last soldAED 1.3M10 March 2022
Current rentAED 55K /yr10 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1109, Prive by Damac Tower B

What is 1109 worth today?

Last sold for AED 1,300,000 in 2022

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10 Jan 2023RentedNew contract
AED 55,000/yr12 months · AED 57 per sqft
10 Mar 2022SoldReady
AED 1,300,000AED 1,361 per sqft
11 Jun 2014Sold by developerOff-plan
AED 2,723,650AED 2,851 per sqft

Source: Dubai Land Department. Updated 10 January 2023.

Key facts

Type
1-bed apartment
Size
955 sqft
Floor
11th of 32
Parking
P2-126
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.3M · March 2022
Building
Prive by Damac Tower B

About 1109, Prive by Damac Tower B

1109 is a one-bedroom apartment of 955 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 10 March 2022 for AED 1,300,000, or AED 1,361 per sqft, 23% below the AED 1,779 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 January 2023. The current contract, signed on 10 January 2023, is AED 55,000 a year: a gross yield of 4.2% on the 2022 price.

Sales and rents for 1109 over time

Sales
Unit 1109, each saleTypical one-bed in Prive by Damac Tower B
2M2014201820222026Typical sale price by year: 2014 AED 2,440,800; 2017 AED 1,992,000; 2018 AED 1,830,150; 2019 AED 2,113,000; 2020 AED 1,569,985; 2021 AED 1,470,425; 2022 AED 1,740,925; 2023 AED 1,700,000; 2024 AED 1,600,500; 2025 AED 1,600,000; 2026 AED 1,762,386Sold by developer, June 2014: AED 2,723,650 (AED 2,851 per sqft)Sold, March 2022: AED 1,300,000 (AED 1,361 per sqft)

1109 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1109, each contractTypical one-bed in Prive by Damac Tower B
50K100K2020202220242026Typical rent by year: 2020 AED 75,500; 2021 AED 80,000; 2022 AED 90,000; 2023 AED 110,000; 2024 AED 115,000; 2025 AED 120,000; 2026 AED 100,000New contract, January 2023: AED 55,000 a year

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

1-beds in Prive by Damac Tower B, and where 1109 sits

All 88 1-beds →

1109 last sold in March 2022 at AED 1,361 per sqft, 23% below what one-beds in Prive by Damac Tower B were fetching at the time (AED 1,779). Over the last 12 months one-beds sold for AED 1,700,000 to 2,280,000, around AED 1,986 per sqft, and rent for AED 80,000 to 168,000 a year. 1109's AED 55,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Sep 20261,824,772
17 Feb 20261,700,000
5 Feb 20261,700,000
27 Jan 20262,280,000
4 1-bed 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
1106StudioAED 800K · Apr 2019
1107StudioAED 1.29M · Mar 2014
1–7 of 18

1109, Prive by Damac Tower B in numbers

  • Sold twice: first on 11 June 2014 for AED 2,723,650, last on 10 March 2022 for AED 1,300,000 (AED 1,361 per sqft).
  • Rented since January 2023 on one Ejari contract, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2022 price is 4.2%.
  • One-beds in Prive by Damac Tower B sold for AED 1,700,000–2,280,000 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 10 January 2023.

Questions about 1109, Prive by Damac Tower B

What did unit 1109 last sell for?

AED 1,300,000 on 10 March 2022: AED 1,361 per sqft for 955 sqft. The unit has 2 registered sales; the first was AED 2,723,650 in June 2014.

What is the rent for unit 1109?

AED 55,000 a year on the contract signed on 10 January 2023.

How big is unit 1109?

955 sqft (88.7 sqm): a one-bedroom apartment on the 11th floor of a 32-storey tower completed in 2019.

What is unit 1109 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Prive by Damac Tower B sold for AED 1,700,000 to 2,280,000 in the last 12 months, around AED 1,986 per sqft.

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Mortgage on 1109, Prive by Damac Tower B

Starts from the last sale price (AED 1.3M, 10 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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