1212, Prive by Damac Tower B
Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1212, Prive by Damac Tower B
What is 1212 worth today?
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Source: Dubai Land Department. Updated 14 June 2024.
Key facts
- Type
- Studio apartment
- Size
- 471 sqft
- Floor
- 12th of 32
- Parking
- P2-150
- Developer
- Namaa Properties Development
- Completed
- 2019
- Last sold
- AED 1.06M · May 2024
- Building
- Prive by Damac Tower B
About 1212, Prive by Damac Tower B
1212 is a studio of 471 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. It last sold on 14 May 2024 for AED 1,060,000, or AED 2,248 per sqft, 5% below the AED 2,362 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 14 June 2024, is AED 80,000 a year: a gross yield of 7.5% on the 2024 price.
Sales and rents for 1212 over time
1212 has sold twice; 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 1212 sits
All 401 studios →1212 last sold in May 2024 at AED 2,248 per sqft, 5% below what studios in Prive by Damac Tower B were fetching at the time (AED 2,362). 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. 1212's AED 80,000 is in the upper 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 12th floor
All 526 units in Prive by Damac Tower B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | Studio | 449 sqft | AED 880KAED 880,000 · Feb 2023February 2023 | 85,000 /yr | |
| 1202 | Studio | 401 sqft | AED 1.01MAED 1,010,000 · Oct 2024October 2024 | ||
| 1203 | Studio | 396 sqft | AED 900KAED 900,000 · Aug 2023August 2023 | 65,000 /yr | |
| 1204 | Studio | 373 sqft | AED 1.22MAED 1,217,900 · May 2014May 2014 | 55,000 /yr | |
| 1205 | Studio | 432 sqft | AED 1.04MAED 1,040,000 · Dec 2025December 2025 | 80,000 /yr | |
| 1206 | Studio | 471 sqft | AED 1.13MAED 1,125,000 · Mar 2024March 2024 | ||
| 1207 | Studio | 491 sqft | AED 1.29MAED 1,288,200 · Apr 2014April 2014 | 73,000 /yr | |
| 1208 | 2-bed | 1,409 sqft | AED 3.88MAED 3,879,600 · Jun 2014June 2014 | 130,000 /yr | |
| 1209 | 1-bed | 955 sqft | AED 2.6MAED 2,604,950 · Jun 2014June 2014 | 100,000 /yr | |
| 1210 | Studio | 438 sqft | AED 890KAED 890,000 · Sep 2022September 2022 | 72,000 /yr | |
| 1211 | Studio | 489 sqft | AED 750KAED 750,000 · Oct 2020October 2020 | 70,000 /yr | |
| 1213 | Studio | 431 sqft | AED 750KAED 750,000 · Nov 2021November 2021 | 64,000 /yr | |
| 1214 | Studio | 373 sqft | AED 1.26MAED 1,257,600 · Aug 2014August 2014 | 73,000 /yr | |
| 1215 | Studio | 402 sqft | AED 1.05MAED 1,050,000 · Nov 2023November 2023 | ||
| 1216 | Studio | 419 sqft | AED 1MAED 1,000,000 · Sep 2023September 2023 | 90,000 /yr | |
| 1217 | Studio | 453 sqft | AED 1.08MAED 1,078,000 · Dec 2023December 2023 | 64,000 /yr | |
| 1201A | Studio | 453 sqft | AED 993KAED 993,000 · Jun 2017June 2017 | 55,000 /yr | |
| 1217A | Studio | 459 sqft | AED 887KAED 887,000 · Jun 2022June 2022 | 77,000 /yr |
1212, Prive by Damac Tower B in numbers
- Sold twice: first on 26 March 2014 for AED 1,203,650, last on 14 May 2024 for AED 1,060,000 (AED 2,248 per sqft).
- Rented since December 2020 on 4 Ejari contracts, from AED 42,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2024 price is 7.5%.
- 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 14 June 2024.
Questions about 1212, Prive by Damac Tower B
What did unit 1212 last sell for?
AED 1,060,000 on 14 May 2024: AED 2,248 per sqft for 471 sqft. The unit has 2 registered sales; the first was AED 1,203,650 in March 2014.
What is the rent for unit 1212?
AED 80,000 a year on the contract signed on 14 June 2024. The previous contract, from September 2022, was AED 65,000; the unit has been rented since December 2020.
How big is unit 1212?
471 sqft (43.8 sqm): a studio on the 12th floor of a 32-storey tower completed in 2019.
What is unit 1212 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 1212, Prive by Damac Tower B
Starts from the last sale price (AED 1.06M, 14 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,060,000
- Deposit, UAE resident (20%)
- AED 212,000
- Deposit, non-resident (40%)
- AED 424,000
- Monthly over 25 years at 3.7%
- AED 4,337
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →