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2-bed · 1,268 sqftPrive by Damac Tower B, Business Bay · 14th floor · completed 2019

1408, Prive by Damac Tower B

Sold prices and rental history: sold once, by the developer in January 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1408 · DLD and Ejari recordsUpdated 7 May 2026
Last soldAED 2.14M19 January 2022
Current rentAED 150K /yr7 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1408, Prive by Damac Tower B

What is 1408 worth today?

Last sold for AED 2,144,150 in 2022

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7 May 2026RentedNew contract
AED 150,000/yr12 months · AED 118 per sqft
1 Oct 2025RentedNew contract
AED 150,000/yr12 months · AED 118 per sqft
20 Sep 2024RentedNew contract
AED 145,000/yr12 months · AED 114 per sqft
19 Jan 2022Sold by developerReady
AED 2,144,150AED 1,691 per sqft

Source: Dubai Land Department. Updated 7 May 2026.

Key facts

Type
2-bed apartment
Size
1,268 sqft
Floor
14th of 32
Parking
P2-187
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 2.14M · January 2022
Building
Prive by Damac Tower B

About 1408, Prive by Damac Tower B

1408 is a two-bedroom apartment of 1,268 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. The developer sold it on 19 January 2022 for AED 2,144,150, or AED 1,691 per sqft, 6% below the AED 1,806 two-beds in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 7 May 2026, is AED 150,000 a year: a gross yield of 7.0% on the 2022 price.

Sales and rents for 1408 over time

Sales
Unit 1408, each saleTypical two-bed in Prive by Damac Tower B
2M3M2014201820222026Typical sale price by year: 2014 AED 3,513,600; 2017 AED 3,161,000; 2018 AED 2,752,410; 2019 AED 2,966,000; 2020 AED 2,487,000; 2021 AED 2,554,000; 2022 AED 2,172,075; 2023 AED 2,695,000; 2024 AED 2,685,120; 2025 AED 2,480,000; 2026 AED 2,500,000Sold by developer, January 2022: AED 2,144,150 (AED 1,691 per sqft)

1408 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1408, each contractTypical two-bed in Prive by Damac Tower B
100K150K2020202220242026Typical rent by year: 2020 AED 106,000; 2021 AED 102,500; 2022 AED 130,000; 2023 AED 145,000; 2024 AED 160,000; 2025 AED 160,000; 2026 AED 150,000New contract, September 2024: AED 145,000 a yearNew contract, October 2025: AED 150,000 a yearNew contract, May 2026: AED 150,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Prive by Damac Tower B, and where 1408 sits

All 37 2-beds →

1408 last sold in January 2022 at AED 1,691 per sqft, 6% below what two-beds in Prive by Damac Tower B were fetching at the time (AED 1,806). Over the last 12 months two-beds sold for AED 2,200,000 to 2,750,000, around AED 1,665 per sqft, and rent for AED 125,000 to 220,000 a year. 1408's AED 150,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 May 20262,300,000
20 Apr 20262,200,000
25 Feb 20262,750,000
19 Feb 20262,500,000
5 2-bed 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
1407StudioAED 736K · Oct 2023
1–7 of 18

1408, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 19 January 2022 for AED 2,144,150, or AED 1,691 per sqft.
  • Rented since September 2024 on 3 Ejari contracts, from AED 145,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2022 price is 7.0%.
  • Two-beds in Prive by Damac Tower B sold for AED 2,200,000–2,750,000 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 7 May 2026.

Questions about 1408, Prive by Damac Tower B

What did unit 1408 last sell for?

AED 2,144,150 on 19 January 2022, sold by the developer: AED 1,691 per sqft for 1,268 sqft. It is the only registered sale of the unit.

What is the rent for unit 1408?

AED 150,000 a year on the contract signed on 7 May 2026. The previous contract, from October 2025, was AED 150,000; the unit has been rented since September 2024.

How big is unit 1408?

1,268 sqft (117.8 sqm): a two-bedroom apartment on the 14th floor of a 32-storey tower completed in 2019.

What is unit 1408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Prive by Damac Tower B sold for AED 2,200,000 to 2,750,000 in the last 12 months, around AED 1,665 per sqft.

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Mortgage on 1408, Prive by Damac Tower B

Starts from the last sale price (AED 2.14M, 19 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,144,150
Deposit, UAE resident (20%)
AED 428,830
Deposit, non-resident (40%)
AED 857,660
Monthly over 25 years at 3.7%
AED 8,772

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