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Studio · 373 sqftPrive by Damac Tower B, Business Bay · 15th floor · completed 2019

1504, Prive by Damac Tower B

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

Unit 1504 · DLD and Ejari recordsUpdated 11 October 2026
Last soldAED 976K14 May 2014
Current rentAED 70K /yr11 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1504, Prive by Damac Tower B

What is 1504 worth today?

Last sold for AED 975,650 in 2014

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11 Oct 2026RentedRenewal
AED 70,000/yr12 months · AED 186 per sqft
11 Oct 2025RentedNew contract
AED 70,000/yr12 months · AED 186 per sqft
15 Feb 2024RentedRenewal
AED 73,500/yr12 months · AED 201 per sqft
15 Feb 2023RentedRenewal
AED 70,000/yr12 months · AED 191 per sqft
15 Feb 2022RentedRenewal
AED 50,000/yr12 months · AED 133 per sqft
15 Feb 2021RentedNew contract
AED 40,000/yr12 months · AED 106 per sqft
14 May 2014Sold by developerOff-plan
AED 975,650AED 2,618 per sqft

Source: Dubai Land Department. Updated 11 October 2026.

Key facts

Type
Studio apartment
Size
373 sqft
Floor
15th of 32
Parking
P2-205
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 976K · May 2014
Building
Prive by Damac Tower B

About 1504, Prive by Damac Tower B

1504 is a studio of 373 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. The developer sold it on 14 May 2014 for AED 975,650, or AED 2,618 per sqft, in line with the AED 2,595 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 11 October 2026, is AED 70,000 a year: a gross yield of 7.2% on the 2014 price.

Sales and rents for 1504 over time

Sales
Unit 1504, 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, May 2014: AED 975,650 (AED 2,618 per sqft)

1504 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1504, 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, February 2021: AED 40,000 a yearRenewal, February 2022: AED 50,000 a yearRenewal, February 2023: AED 70,000 a yearRenewal, February 2024: AED 73,500 a yearNew contract, October 2025: AED 70,000 a yearRenewal, October 2026: AED 70,000 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 1504 sits

All 401 studios →

1504 last sold in May 2014 at AED 2,618 per sqft, in line with 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. 1504's AED 70,000 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
1501StudioAED 950K · Dec 2025
1502StudioAED 1.13M · May 2014
1503StudioAED 1.05M · May 2025
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

1504, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 14 May 2014 for AED 975,650, or AED 2,618 per sqft.
  • Rented since February 2021 on 6 Ejari contracts, from AED 40,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2014 price is 7.2%.
  • 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 11 October 2026.

Questions about 1504, Prive by Damac Tower B

What did unit 1504 last sell for?

AED 975,650 on 14 May 2014, sold by the developer: AED 2,618 per sqft for 373 sqft. It is the only registered sale of the unit.

What is the rent for unit 1504?

AED 70,000 a year on the contract renewed on 11 October 2026. The previous contract, from October 2025, was AED 70,000; the unit has been rented since February 2021.

How big is unit 1504?

373 sqft (34.7 sqm): a studio on the 15th floor of a 32-storey tower completed in 2019.

What is unit 1504 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 1504, Prive by Damac Tower B

Starts from the last sale price (AED 976K, 14 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 975,650
Deposit, UAE resident (20%)
AED 195,130
Deposit, non-resident (40%)
AED 390,260
Monthly over 25 years at 3.7%
AED 3,992

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