Home
Dubai prices
About
Research
Studio · 491 sqftPrive by Damac Tower B, Business Bay · 14th floor · completed 2019

1407, Prive by Damac Tower B

Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1407 · DLD and Ejari recordsUpdated 2 October 2026
Last soldAED 736K11 October 2023
Current rentAED 62K /yr2 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 1407

Property timeline for 1407, Prive by Damac Tower B

What is 1407 worth today?

Last sold for AED 736,245 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

2 Oct 2026RentedNew contract
AED 62,000/yr12 months · AED 126 per sqft
25 Nov 2025RentedNew contract
AED 85,000/yr12 months · AED 173 per sqft
25 Nov 2024RentedNew contract
AED 80,000/yr12 months · AED 162 per sqft
1 Nov 2023RentedNew contract
AED 75,000/yr12 months · AED 151 per sqft
11 Oct 2023SoldReady
AED 736,245AED 1,499 per sqft
7 Feb 2016Sold by developerOff-plan
AED 1,141,800AED 2,326 per sqft

Source: Dubai Land Department. Updated 2 October 2026.

Key facts

Type
Studio apartment
Size
491 sqft
Floor
14th of 32
Parking
P2-186
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 736K · October 2023
Building
Prive by Damac Tower B

About 1407, Prive by Damac Tower B

1407 is a studio of 491 sqft on the 14th 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 11 October 2023 for AED 736,245, or AED 1,499 per sqft, 27% below the AED 2,064 studios in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 2 October 2026, is AED 62,000 a year: a gross yield of 8.4% on the 2023 price.

Sales and rents for 1407 over time

Sales
Unit 1407, 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, February 2016: AED 1,141,800 (AED 2,326 per sqft)Sold, October 2023: AED 736,245 (AED 1,499 per sqft)

1407 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1407, 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, November 2023: AED 75,000 a yearNew contract, November 2024: AED 80,000 a yearNew contract, November 2025: AED 85,000 a yearNew contract, October 2026: AED 62,000 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 1407 sits

All 401 studios →

1407 last sold in October 2023 at AED 1,499 per sqft, 27% below what studios in Prive by Damac Tower B were fetching at the time (AED 2,064). 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. 1407's AED 62,000 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 14th floor

All 526 units in Prive by Damac Tower B
Value
1401StudioAED 702K · Dec 2022
1402StudioAED 1.08M · Apr 2014
1403StudioAED 1.05M · Apr 2014
1404StudioAED 975K · Apr 2014
1405StudioAED 950K · Oct 2022
1406StudioAED 1.02M · Feb 2026
14082-bedAED 2.14M · Jan 2022
1–7 of 18

1407, Prive by Damac Tower B in numbers

  • Sold twice: first on 7 February 2016 for AED 1,141,800, last on 11 October 2023 for AED 736,245 (AED 1,499 per sqft).
  • Rented since November 2023 on 4 Ejari contracts, from AED 75,000 to AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2023 price is 8.4%.
  • 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 2 October 2026.

Questions about 1407, Prive by Damac Tower B

What did unit 1407 last sell for?

AED 736,245 on 11 October 2023: AED 1,499 per sqft for 491 sqft. The unit has 2 registered sales; the first was AED 1,141,800 in February 2016.

What is the rent for unit 1407?

AED 62,000 a year on the contract signed on 2 October 2026. The previous contract, from November 2025, was AED 85,000; the unit has been rented since November 2023.

How big is unit 1407?

491 sqft (45.6 sqm): a studio on the 14th floor of a 32-storey tower completed in 2019.

What is unit 1407 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.

Selling 1407? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1407, Prive by Damac Tower B

Starts from the last sale price (AED 736K, 11 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 736,245
Deposit, UAE resident (20%)
AED 147,249
Deposit, non-resident (40%)
AED 294,498
Monthly over 25 years at 3.7%
AED 3,012

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