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Studio · 373 sqftPrive by Damac Tower B, Business Bay · 12th floor · completed 2019

1204, Prive by Damac Tower B

Sold prices and rental history: sold once, by the developer in May 2014, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1204 · DLD and Ejari recordsUpdated 20 September 2026
Last soldAED 1.22M22 May 2014
Current rentAED 55K /yr20 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1204, Prive by Damac Tower B

What is 1204 worth today?

Last sold for AED 1,217,900 in 2014

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20 Sep 2026RentedNew contract
AED 55,000/yr12 months · AED 148 per sqft
18 Aug 2025RentedNew contract
AED 70,000/yr12 months · AED 188 per sqft
26 May 2024RentedRenewal
AED 75,000/yr12 months · AED 201 per sqft
26 May 2023RentedNew contract
AED 65,000/yr12 months · AED 174 per sqft
27 Apr 2022RentedNew contract
AED 54,000/yr12 months · AED 145 per sqft
22 May 2014Sold by developerOff-plan
AED 1,217,900AED 3,269 per sqft

Source: Dubai Land Department. Updated 20 September 2026.

Key facts

Type
Studio hotel apartment
Size
373 sqft
Floor
12th of 32
Parking
P2-143
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.22M · May 2014
Building
Prive by Damac Tower B

About 1204, Prive by Damac Tower B

1204 is a studio of 373 sqft on the 12th 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 22 May 2014 for AED 1,217,900, or AED 3,269 per sqft, 26% above the AED 2,597 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 20 September 2026, is AED 55,000 a year: a gross yield of 4.5% on the 2014 price.

Sales and rents for 1204 over time

Sales
Unit 1204, 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, May 2014: AED 1,217,900 (AED 3,269 per sqft)

1204 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1204, 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 2022: AED 54,000 a yearNew contract, May 2023: AED 65,000 a yearRenewal, May 2024: AED 75,000 a yearNew contract, August 2025: AED 70,000 a yearNew contract, September 2026: AED 55,000 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 1204 sits

All 401 studios →

1204 last sold in May 2014 at AED 3,269 per sqft, 26% above what studios in Prive by Damac Tower B were fetching at the time (AED 2,597). 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. 1204's AED 55,000 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 12th floor

All 526 units in Prive by Damac Tower B
Value
1201StudioAED 880K · Feb 2023
1202StudioAED 1.01M · Oct 2024
1203StudioAED 900K · Aug 2023
1205StudioAED 1.04M · Dec 2025
1206StudioAED 1.13M · Mar 2024
1207StudioAED 1.29M · Apr 2014
12082-bedAED 3.88M · Jun 2014
1–7 of 18

1204, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 22 May 2014 for AED 1,217,900, or AED 3,269 per sqft.
  • Rented since April 2022 on 5 Ejari contracts, from AED 54,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2014 price is 4.5%.
  • 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 20 September 2026.

Questions about 1204, Prive by Damac Tower B

What did unit 1204 last sell for?

AED 1,217,900 on 22 May 2014, sold by the developer: AED 3,269 per sqft for 373 sqft. It is the only registered sale of the unit.

What is the rent for unit 1204?

AED 55,000 a year on the contract signed on 20 September 2026. The previous contract, from August 2025, was AED 70,000; the unit has been rented since April 2022.

How big is unit 1204?

373 sqft (34.7 sqm): a studio on the 12th floor of a 32-storey tower completed in 2019.

What is unit 1204 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 1204, Prive by Damac Tower B

Starts from the last sale price (AED 1.22M, 22 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,217,900
Deposit, UAE resident (20%)
AED 243,580
Deposit, non-resident (40%)
AED 487,160
Monthly over 25 years at 3.7%
AED 4,983

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