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Studio · 373 sqftPrive by Damac Tower B, Business Bay · 13th floor · completed 2019

1314, Prive by Damac Tower B

Sold prices and rental history: sold 3 times, last in February 2023, and rented once, from February 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1314 · DLD and Ejari recordsUpdated 17 February 2023
Last soldAED 850K6 February 2023
Current rentAED 90K /yr17 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1314, Prive by Damac Tower B

What is 1314 worth today?

Last sold for AED 850,000 in 2023

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17 Feb 2023RentedNew contract
AED 90,000/yr12 months · AED 239 per sqft
6 Feb 2023SoldReady
AED 850,000AED 2,281 per sqft
6 Jan 2023SoldReady
AED 726,180AED 1,949 per sqft
17 Apr 2014Sold by developerOff-plan
AED 975,650AED 2,618 per sqft

Source: Dubai Land Department. Updated 17 February 2023.

Key facts

Type
Studio apartment
Size
373 sqft
Floor
13th of 32
Parking
P2-172
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 850K · February 2023
Building
Prive by Damac Tower B

About 1314, Prive by Damac Tower B

1314 is a studio of 373 sqft on the 13th 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 6 February 2023 for AED 850,000, or AED 2,281 per sqft, 18% above the AED 1,933 studios in the building were fetching at the time.

One Ejari contract is registered, from 17 February 2023. The current contract, signed on 17 February 2023, is AED 90,000 a year: a gross yield of 10.6% on the 2023 price.

Sales and rents for 1314 over time

Sales
Unit 1314, 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 975,650 (AED 2,618 per sqft)Sold, January 2023: AED 726,180 (AED 1,949 per sqft)Sold, February 2023: AED 850,000 (AED 2,281 per sqft)

1314 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1314, each contractTypical studio in Prive by Damac Tower B
50K75K2020202220242026Typical 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, February 2023: AED 90,000 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 1314 sits

All 401 studios →

1314 last sold in February 2023 at AED 2,281 per sqft, 18% above what studios in Prive by Damac Tower B were fetching at the time (AED 1,933). 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. 1314's AED 90,000 is in the upper 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 13th floor

All 526 units in Prive by Damac Tower B
Value
1301StudioAED 1M · Sep 2026
1302StudioAED 625K · Nov 2020
1303StudioAED 308K · Jun 2021
1304StudioAED 330K · Dec 2022
1305StudioAED 870K · Aug 2026
1306StudioAED 800K · Nov 2020
1307StudioAED 1.29M · Jun 2014
1–7 of 18

1314, Prive by Damac Tower B in numbers

  • Sold 3 times: first on 17 April 2014 for AED 975,650, last on 6 February 2023 for AED 850,000 (AED 2,281 per sqft).
  • Rented since February 2023 on one Ejari contract, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2023 price is 10.6%.
  • 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 17 February 2023.

Questions about 1314, Prive by Damac Tower B

What did unit 1314 last sell for?

AED 850,000 on 6 February 2023: AED 2,281 per sqft for 373 sqft. The unit has 3 registered sales; the first was AED 975,650 in April 2014.

What is the rent for unit 1314?

AED 90,000 a year on the contract signed on 17 February 2023.

How big is unit 1314?

373 sqft (34.7 sqm): a studio on the 13th floor of a 32-storey tower completed in 2019.

What is unit 1314 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 1314, Prive by Damac Tower B

Starts from the last sale price (AED 850K, 6 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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