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Studio · 449 sqftPrive by Damac Tower B, Business Bay · 15th floor · completed 2019

1501, Prive by Damac Tower B

Sold prices and rental history: sold twice, last in December 2025, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1501 · DLD and Ejari recordsUpdated 20 August 2026
Last soldAED 950K19 December 2025
Current rentAED 60K /yr20 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1501, Prive by Damac Tower B

What is 1501 worth today?

Last sold for AED 950,000 in 2025

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20 Aug 2026RentedNew contract
AED 60,000/yr12 months · AED 133 per sqft
19 Dec 2025SoldReady
AED 950,000AED 2,116 per sqft
22 Sep 2025RentedNew contract
AED 70,000/yr12 months · AED 155 per sqft
1 Jan 2024RentedRenewal
AED 67,000/yr12 months · AED 152 per sqft
1 Jan 2023RentedNew contract
AED 67,000/yr12 months · AED 148 per sqft
17 Aug 2022Sold by developerReady
AED 893,000AED 1,989 per sqft

Source: Dubai Land Department. Updated 20 August 2026.

Key facts

Type
Studio apartment
Size
449 sqft
Floor
15th of 32
Parking
nan
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 950K · December 2025
Building
Prive by Damac Tower B

About 1501, Prive by Damac Tower B

1501 is a studio of 449 sqft on the 15th 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 19 December 2025 for AED 950,000, or AED 2,116 per sqft, 14% below the AED 2,463 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 20 August 2026, is AED 60,000 a year: a gross yield of 6.3% on the 2025 price.

Sales and rents for 1501 over time

Sales
Unit 1501, 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, August 2022: AED 893,000 (AED 1,989 per sqft)Sold, December 2025: AED 950,000 (AED 2,116 per sqft)

1501 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1501, 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, January 2023: AED 67,000 a yearRenewal, January 2024: AED 67,000 a yearNew contract, September 2025: AED 70,000 a yearNew contract, August 2026: AED 60,000 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 1501 sits

All 401 studios →

1501 last sold in December 2025 at AED 2,116 per sqft, 14% below what studios in Prive by Damac Tower B were fetching at the time (AED 2,463). 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. 1501's AED 60,000 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 15th floor

All 526 units in Prive by Damac Tower B
Value
1502StudioAED 1.13M · May 2014
1503StudioAED 1.05M · May 2025
1504StudioAED 976K · May 2014
1505StudioAED 1.16M · Nov 2023
1506StudioAED 1.11M · Jul 2023
1507StudioAED 1.13M · Dec 2023
15082-bedAED 2.1M · May 2024
1–7 of 18

1501, Prive by Damac Tower B in numbers

  • Sold twice: first on 17 August 2022 for AED 893,000, last on 19 December 2025 for AED 950,000 (AED 2,116 per sqft).
  • Rented since January 2023 on 4 Ejari contracts, from AED 67,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2025 price is 6.3%.
  • 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 August 2026.

Questions about 1501, Prive by Damac Tower B

What did unit 1501 last sell for?

AED 950,000 on 19 December 2025: AED 2,116 per sqft for 449 sqft. The unit has 2 registered sales; the first was AED 893,000 in August 2022.

What is the rent for unit 1501?

AED 60,000 a year on the contract signed on 20 August 2026. The previous contract, from September 2025, was AED 70,000; the unit has been rented since January 2023.

How big is unit 1501?

449 sqft (41.7 sqm): a studio on the 15th floor of a 32-storey tower completed in 2019.

What is unit 1501 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 1501, Prive by Damac Tower B

Starts from the last sale price (AED 950K, 19 December 2025). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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