Studio · 402 sqftPrive by Damac Tower B, Business Bay · 12th floor · completed 2019

1215, Prive by Damac Tower B

Sold prices and rental history: sold twice, last in November 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1215 · DLD and Ejari recordsUpdated 1 November 2023
Last soldAED 1.05M1 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1215, Prive by Damac Tower B

What is 1215 worth today?

Last sold for AED 1,050,000 in 2023

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1 Nov 2023SoldReady
AED 1,050,000AED 2,612 per sqft
7 Apr 2014Sold by developerOff-plan
AED 1,048,800AED 2,609 per sqft

Source: Dubai Land Department. Updated 1 November 2023.

Key facts

Type
Studio apartment
Size
402 sqft
Floor
12th of 32
Parking
P2-155
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.05M · November 2023

About 1215, Prive by Damac Tower B

1215 is a studio of 402 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 1 November 2023 for AED 1,050,000, or AED 2,612 per sqft, 26% above the AED 2,069 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1215 over time

Sales
Unit 1215, 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, April 2014: AED 1,048,800 (AED 2,609 per sqft)Sold, November 2023: AED 1,050,000 (AED 2,612 per sqft)

1215 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1215, 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 1215 sits

All 401 studios →

1215 last sold in November 2023 at AED 2,612 per sqft, 26% above what studios in Prive by Damac Tower B were fetching at the time (AED 2,069). 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 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

1215, Prive by Damac Tower B in numbers

  • Sold twice: first on 7 April 2014 for AED 1,048,800, last on 1 November 2023 for AED 1,050,000 (AED 2,612 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 1 November 2023.

Questions about 1215, Prive by Damac Tower B

What did unit 1215 last sell for?

AED 1,050,000 on 1 November 2023: AED 2,612 per sqft for 402 sqft. The unit has 2 registered sales; the first was AED 1,048,800 in April 2014.

How big is unit 1215?

402 sqft (37.3 sqm): a studio on the 12th floor of a 32-storey tower completed in 2019.

What is unit 1215 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 1215, Prive by Damac Tower B

Starts from the last sale price (AED 1.05M, 1 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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