1116, Prive by Damac Tower B
Sold prices and rental history: sold once, by the developer in March 2014, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1116, Prive by Damac Tower B
What is 1116 worth today?
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Source: Dubai Land Department. Updated 3 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 420 sqft
- Floor
- 11th of 32
- Parking
- P2-136
- Developer
- Namaa Properties Development
- Completed
- 2019
- Last sold
- AED 1.08M · March 2014
- Building
- Prive by Damac Tower B
About 1116, Prive by Damac Tower B
1116 is a studio of 420 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 26 March 2014 for AED 1,082,050, or AED 2,577 per sqft, in line with the AED 2,585 studios in the building were fetching at the time.
It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, signed on 3 September 2026, is AED 60,000 a year: a gross yield of 5.5% on the 2014 price.
Sales and rents for 1116 over time
1116 has sold once; the dashed line is the studio median of each year in the building.
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 1116 sits
All 401 studios →1116 last sold in March 2014 at AED 2,577 per sqft, in line with what studios in Prive by Damac Tower B were fetching at the time (AED 2,585). 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. 1116's AED 60,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 419 sqft | 920,000 | 2,195 | ||
| 19 Oct 202619 October 2026 | 396 sqft | 920,000 | 2,321 | ||
| 15 Oct 202615 October 2026 | 396 sqft | 888,000 | 2,241 | ||
| 14 Oct 202614 October 2026 | 401 sqft | 1,000,000 | 2,496 |
Prive by Damac Tower B
Building526 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%
Other units on the 11th floor
All 526 units in Prive by Damac Tower B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | Studio | 449 sqft | AED 900KAED 900,000 · May 2023May 2023 | 70,000 /yr | |
| 1102 | Studio | 401 sqft | AED 960KAED 960,000 · Oct 2023October 2023 | 89,751 /yr | |
| 1103 | Studio | 396 sqft | AED 888KAED 888,000 · Oct 2026October 2026 | 72,000 /yr | |
| 1104 | Studio | 373 sqft | AED 760KAED 760,000 · Jun 2022June 2022 | 65,000 /yr | |
| 1105 | Studio | 432 sqft | AED 1.12MAED 1,118,400 · Mar 2014March 2014 | 65,000 /yr | |
| 1106 | Studio | 471 sqft | AED 800KAED 800,000 · Apr 2019April 2019 | 80,000 /yr | |
| 1107 | Studio | 491 sqft | AED 1.29MAED 1,288,200 · Mar 2014March 2014 | 75,000 /yr | |
| 1108 | 2-bed | 1,409 sqft | AED 2.97MAED 2,966,000 · Mar 2019March 2019 | ||
| 1109 | 1-bed | 955 sqft | AED 1.3MAED 1,300,000 · Mar 2022March 2022 | 55,000 /yr | |
| 1110 | Studio | 438 sqft | AED 1.18MAED 1,175,150 · Mar 2014March 2014 | 88,000 /yr | |
| 1111 | Studio | 489 sqft | AED 1.22MAED 1,224,550 · Mar 2014March 2014 | 72,000 /yr | |
| 1112 | Studio | 471 sqft | AED 1.5MAED 1,501,000 · Jun 2014June 2014 | ||
| 1113 | Studio | 431 sqft | AED 1.1MAED 1,100,000 · Mar 2024March 2024 | 72,000 /yr | |
| 1114 | Studio | 373 sqft | AED 760KAED 760,000 · Jun 2022June 2022 | 63,000 /yr | |
| 1115 | Studio | 402 sqft | AED 1.05MAED 1,048,800 · May 2014May 2014 | 75,000 /yr | |
| 1117 | Studio | 452 sqft | AED 826KAED 826,000 · Nov 2021November 2021 | ||
| 1101A | Studio | 453 sqft | AED 879KAED 879,060 · Sep 2022September 2022 | 80,000 /yr | |
| 1117A | Studio | 479 sqft | AED 949KAED 949,000 · Dec 2022December 2022 | 72,000 /yr |
1116, Prive by Damac Tower B in numbers
- Sold once: by Namaa Properties Development on 26 March 2014 for AED 1,082,050, or AED 2,577 per sqft.
- Rented since February 2021 on 7 Ejari contracts, from AED 45,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2014 price is 5.5%.
- 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 3 September 2026.
Questions about 1116, Prive by Damac Tower B
What did unit 1116 last sell for?
AED 1,082,050 on 26 March 2014, sold by the developer: AED 2,577 per sqft for 420 sqft. It is the only registered sale of the unit.
What is the rent for unit 1116?
AED 60,000 a year on the contract signed on 3 September 2026. The previous contract, from May 2025, was AED 70,000; the unit has been rented since February 2021.
How big is unit 1116?
420 sqft (39.0 sqm): a studio on the 11th floor of a 32-storey tower completed in 2019.
What is unit 1116 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 1116, Prive by Damac Tower B
Starts from the last sale price (AED 1.08M, 26 March 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,082,050
- Deposit, UAE resident (20%)
- AED 216,410
- Deposit, non-resident (40%)
- AED 432,820
- Monthly over 25 years at 3.7%
- AED 4,427
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →