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

1112, Prive by Damac Tower B

Sold prices and rental history: sold once, by the developer in June 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1112 · DLD and Ejari recordsUpdated 11 June 2014
Last soldAED 1.5M11 June 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1112, Prive by Damac Tower B

What is 1112 worth today?

Last sold for AED 1,501,000 in 2014

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11 Jun 2014Sold by developerOff-plan
AED 1,501,000AED 3,184 per sqft

Source: Dubai Land Department. Updated 11 June 2014.

Key facts

Type
Studio hotel apartment
Size
471 sqft
Floor
11th of 32
Parking
P2-132
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.5M · June 2014

About 1112, Prive by Damac Tower B

1112 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. The developer sold it on 11 June 2014 for AED 1,501,000, or AED 3,184 per sqft, 23% above the AED 2,596 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1112 over time

Sales
Unit 1112, each saleTypical studio in Prive by Damac Tower B
500K1M1.5M2014201820222026Typical 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, June 2014: AED 1,501,000 (AED 3,184 per sqft)

1112 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1112, 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 65,000

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 1112 sits

All 401 studios →

1112 last sold in June 2014 at AED 3,184 per sqft, 23% above what studios in Prive by Damac Tower B were fetching at the time (AED 2,596). 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.

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
1106StudioAED 800K · Apr 2019
1107StudioAED 1.29M · Mar 2014
1–7 of 18

1112, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 11 June 2014 for AED 1,501,000, or AED 3,184 per sqft.
  • 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 11 June 2014.

Questions about 1112, Prive by Damac Tower B

What did unit 1112 last sell for?

AED 1,501,000 on 11 June 2014, sold by the developer: AED 3,184 per sqft for 471 sqft. It is the only registered sale of the unit.

How big is unit 1112?

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

What is unit 1112 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 1112, Prive by Damac Tower B

Starts from the last sale price (AED 1.5M, 11 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,501,000
Deposit, UAE resident (20%)
AED 300,200
Deposit, non-resident (40%)
AED 600,400
Monthly over 25 years at 3.7%
AED 6,141

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