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Studio · 419 sqftPrive by Damac Tower B, Business Bay · 13th floor · completed 2019

1316, Prive by Damac Tower B

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

Unit 1316 · DLD and Ejari recordsUpdated 20 November 2025
Last soldAED 1.35M29 April 2014
Current rentAED 75K /yr20 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1316, Prive by Damac Tower B

What is 1316 worth today?

Last sold for AED 1,349,950 in 2014

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20 Nov 2025RentedRenewal
AED 75,000/yr12 months · AED 179 per sqft
20 Nov 2024RentedNew contract
AED 75,000/yr12 months · AED 179 per sqft
9 Oct 2023RentedNew contract
AED 75,000/yr12 months · AED 179 per sqft
5 Jul 2022RentedNew contract
AED 65,000/yr12 months · AED 155 per sqft
29 Apr 2014Sold by developerOff-plan
AED 1,349,950AED 3,221 per sqft

Source: Dubai Land Department. Updated 20 November 2025.

Key facts

Type
Studio apartment
Size
419 sqft
Floor
13th of 32
Parking
P2-174
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.35M · April 2014
Building
Prive by Damac Tower B

About 1316, Prive by Damac Tower B

1316 is a studio of 419 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. The developer sold it on 29 April 2014 for AED 1,349,950, or AED 3,221 per sqft, 25% above the AED 2,582 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 20 November 2025, is AED 75,000 a year: a gross yield of 5.6% on the 2014 price.

Sales and rents for 1316 over time

Sales
Unit 1316, each saleTypical studio in Prive by Damac Tower B
500K1M2014201820222026Typical 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 1,349,950 (AED 3,221 per sqft)

1316 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1316, 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, July 2022: AED 65,000 a yearNew contract, October 2023: AED 75,000 a yearNew contract, November 2024: AED 75,000 a yearRenewal, November 2025: AED 75,000 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 1316 sits

All 401 studios →

1316 last sold in April 2014 at AED 3,221 per sqft, 25% above what studios in Prive by Damac Tower B were fetching at the time (AED 2,582). 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. 1316's AED 75,000 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 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

1316, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 29 April 2014 for AED 1,349,950, or AED 3,221 per sqft.
  • Rented since July 2022 on 4 Ejari contracts, from AED 65,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2014 price is 5.6%.
  • 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 20 November 2025.

Questions about 1316, Prive by Damac Tower B

What did unit 1316 last sell for?

AED 1,349,950 on 29 April 2014, sold by the developer: AED 3,221 per sqft for 419 sqft. It is the only registered sale of the unit.

What is the rent for unit 1316?

AED 75,000 a year on the contract renewed on 20 November 2025. The previous contract, from November 2024, was AED 75,000; the unit has been rented since July 2022.

How big is unit 1316?

419 sqft (38.9 sqm): a studio on the 13th floor of a 32-storey tower completed in 2019.

What is unit 1316 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 1316, Prive by Damac Tower B

Starts from the last sale price (AED 1.35M, 29 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,349,950
Deposit, UAE resident (20%)
AED 269,990
Deposit, non-resident (40%)
AED 539,980
Monthly over 25 years at 3.7%
AED 5,523

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