Home
Dubai prices
About
Research
Studio · 471 sqftPrive by Damac Tower B, Business Bay · 14th floor · completed 2019

1412, Prive by Damac Tower B

Sold prices and rental history: sold once, by the developer in May 2014, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1412 · DLD and Ejari recordsUpdated 15 January 2025
Last soldAED 1.5M14 May 2014
Current rentAED 18K /yr15 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 1412

Property timeline for 1412, Prive by Damac Tower B

What is 1412 worth today?

Last sold for AED 1,501,000 in 2014

Unlock today's estimate, updated daily, with

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

15 Jan 2025RentedRenewal
AED 17,500/yr12 months · AED 38 per sqft
15 Jan 2024RentedNew contract
AED 70,000/yr12 months · AED 148 per sqft
18 Jul 2021RentedNew contract
AED 50,000/yr13 months · AED 106 per sqft
14 May 2014Sold by developerOff-plan
AED 1,501,000AED 3,184 per sqft

Source: Dubai Land Department. Updated 15 January 2025.

Key facts

Type
Studio apartment
Size
471 sqft
Floor
14th of 32
Parking
P2-193
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.5M · May 2014
Building
Prive by Damac Tower B

About 1412, Prive by Damac Tower B

1412 is a studio of 471 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 14 May 2014 for AED 1,501,000, or AED 3,184 per sqft, 23% above the AED 2,595 studios in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 15 January 2025, is AED 17,500 a year: a gross yield of 1.2% on the 2014 price.

Sales and rents for 1412 over time

Sales
Unit 1412, each saleTypical studio in Prive by Damac Tower B
500K1M1.5M2014201820222026Typical 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, May 2014: AED 1,501,000 (AED 3,184 per sqft)

1412 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1412, each contractTypical studio in Prive by Damac Tower B
50K2020202220242026Typical 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 2021: AED 50,000 a yearNew contract, January 2024: AED 70,000 a yearRenewal, January 2025: AED 17,500 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 1412 sits

All 401 studios →

1412 last sold in May 2014 at AED 3,184 per sqft, 23% above what studios in Prive by Damac Tower B were fetching at the time (AED 2,595). 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. 1412's AED 17,500 is at the bottom 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
1407StudioAED 736K · Oct 2023
1–7 of 18

1412, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 14 May 2014 for AED 1,501,000, or AED 3,184 per sqft.
  • Rented since July 2021 on 3 Ejari contracts, from AED 50,000 to AED 17,500 a year.
  • At AED 17,500 a year the gross yield on the 2014 price is 1.2%.
  • 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 15 January 2025.

Questions about 1412, Prive by Damac Tower B

What did unit 1412 last sell for?

AED 1,501,000 on 14 May 2014, sold by the developer: AED 3,184 per sqft for 471 sqft. It is the only registered sale of the unit.

What is the rent for unit 1412?

AED 17,500 a year on the contract renewed on 15 January 2025. The previous contract, from January 2024, was AED 70,000; the unit has been rented since July 2021.

How big is unit 1412?

471 sqft (43.8 sqm): a studio on the 14th floor of a 32-storey tower completed in 2019.

What is unit 1412 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 1412? 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 1412, Prive by Damac Tower B

Starts from the last sale price (AED 1.5M, 14 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,501,000
Deposit, UAE resident (20%)
AED 300,200
Deposit, non-resident (40%)
AED 600,400
Monthly over 25 years at 3.7%
AED 6,141

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