2-bed · 1,409 sqftPrive by Damac Tower B, Business Bay · 12th floor · completed 2019

1208, Prive by Damac Tower B

Sold prices and rental history: sold once, by the developer in June 2014, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1208 · DLD and Ejari recordsUpdated 21 August 2026
Last soldAED 3.88M12 June 2014
Current rentAED 130K /yr21 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1208, Prive by Damac Tower B

What is 1208 worth today?

Last sold for AED 3,879,600 in 2014

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21 Aug 2026RentedNew contract
AED 130,000/yr12 months · AED 92 per sqft
21 Aug 2025RentedRenewal
AED 150,000/yr12 months · AED 106 per sqft
21 Aug 2025RentedRenewal
AED 150,000/yr12 months · AED 106 per sqft
21 Aug 2024RentedRenewal
AED 150,000/yr12 months · AED 106 per sqft
21 Aug 2023RentedNew contract
AED 150,000/yr12 months · AED 106 per sqft
28 May 2022RentedNew contract
AED 130,000/yr12 months · AED 92 per sqft
18 Apr 2021RentedNew contract
AED 100,000/yr12 months · AED 71 per sqft
12 Jun 2014Sold by developerOff-plan
AED 3,879,600AED 2,753 per sqft

Source: Dubai Land Department. Updated 21 August 2026.

Key facts

Type
2-bed apartment
Size
1,409 sqft
Floor
12th of 32
Parking
P2-207, P2-207A
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 3.88M · June 2014

About 1208, Prive by Damac Tower B

1208 is a two-bedroom apartment of 1,409 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 12 June 2014 for AED 3,879,600, or AED 2,753 per sqft, 8% above the AED 2,544 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, signed on 21 August 2026, is AED 130,000 a year: a gross yield of 3.4% on the 2014 price.

Sales and rents for 1208 over time

Sales
Unit 1208, each saleTypical two-bed in Prive by Damac Tower B
2M3M4M2014201820222026Typical sale price by year: 2014 AED 3,513,600; 2017 AED 3,161,000; 2018 AED 2,752,410; 2019 AED 2,966,000; 2020 AED 2,487,000; 2021 AED 2,554,000; 2022 AED 2,172,075; 2023 AED 2,695,000; 2024 AED 2,685,120; 2025 AED 2,480,000; 2026 AED 2,500,000Sold by developer, June 2014: AED 3,879,600 (AED 2,753 per sqft)

1208 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1208, each contractTypical two-bed in Prive by Damac Tower B
100K150K2020202220242026Typical rent by year: 2020 AED 106,000; 2021 AED 102,500; 2022 AED 130,000; 2023 AED 145,000; 2024 AED 160,000; 2025 AED 160,000; 2026 AED 150,000New contract, April 2021: AED 100,000 a yearNew contract, May 2022: AED 130,000 a yearNew contract, August 2023: AED 150,000 a yearRenewal, August 2024: AED 150,000 a yearRenewal, August 2025: AED 150,000 a yearRenewal, August 2025: AED 150,000 a yearNew contract, August 2026: AED 130,000 a year

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

2-beds in Prive by Damac Tower B, and where 1208 sits

All 37 2-beds →

1208 last sold in June 2014 at AED 2,753 per sqft, 8% above what two-beds in Prive by Damac Tower B were fetching at the time (AED 2,544). Over the last 12 months two-beds sold for AED 2,200,000 to 2,750,000, around AED 1,665 per sqft, and rent for AED 125,000 to 220,000 a year. 1208's AED 130,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 May 20262,300,000
20 Apr 20262,200,000
25 Feb 20262,750,000
19 Feb 20262,500,000
5 2-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 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
1204StudioAED 1.22M · May 2014
1205StudioAED 1.04M · Dec 2025
1206StudioAED 1.13M · Mar 2024
1207StudioAED 1.29M · Apr 2014
1–7 of 18

1208, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 12 June 2014 for AED 3,879,600, or AED 2,753 per sqft.
  • Rented since April 2021 on 7 Ejari contracts, from AED 100,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2014 price is 3.4%.
  • Two-beds in Prive by Damac Tower B sold for AED 2,200,000–2,750,000 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 21 August 2026.

Questions about 1208, Prive by Damac Tower B

What did unit 1208 last sell for?

AED 3,879,600 on 12 June 2014, sold by the developer: AED 2,753 per sqft for 1,409 sqft. It is the only registered sale of the unit.

What is the rent for unit 1208?

AED 130,000 a year on the contract signed on 21 August 2026. The previous contract, from August 2025, was AED 150,000; the unit has been rented since April 2021.

How big is unit 1208?

1,409 sqft (130.9 sqm): a two-bedroom apartment on the 12th floor of a 32-storey tower completed in 2019.

What is unit 1208 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Prive by Damac Tower B sold for AED 2,200,000 to 2,750,000 in the last 12 months, around AED 1,665 per sqft.

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Mortgage on 1208, Prive by Damac Tower B

Starts from the last sale price (AED 3.88M, 12 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,879,600
Deposit, UAE resident (20%)
AED 775,920
Deposit, non-resident (40%)
AED 1,551,840
Monthly over 25 years at 3.7%
AED 15,873

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