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Studio · 432 sqftPrive by Damac Tower B, Business Bay · 15th floor · completed 2019

1505, Prive by Damac Tower B

Sold prices and rental history: sold 3 times, last in November 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1505 · DLD and Ejari recordsUpdated 14 November 2025
Last soldAED 1.16M15 November 2023
Current rentAED 70K /yr14 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1505, Prive by Damac Tower B

What is 1505 worth today?

Last sold for AED 1,160,000 in 2023

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14 Nov 2025RentedNew contract
AED 70,000/yr12 months · AED 163 per sqft
15 Oct 2024RentedNew contract
AED 90,000/yr12 months · AED 208 per sqft
15 Nov 2023SoldReady
AED 1,160,000AED 2,686 per sqft
1 Aug 2022SoldReady
AED 825,000AED 1,910 per sqft
15 Jul 2021RentedNew contract
AED 42,000/yr12 months · AED 98 per sqft
29 Apr 2014Sold by developerOff-plan
AED 1,175,150AED 2,721 per sqft

Source: Dubai Land Department. Updated 14 November 2025.

Key facts

Type
Studio apartment
Size
432 sqft
Floor
15th of 32
Parking
P2-206
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.16M · November 2023
Building
Prive by Damac Tower B

About 1505, Prive by Damac Tower B

1505 is a studio of 432 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 15 November 2023 for AED 1,160,000, or AED 2,686 per sqft, 27% above the AED 2,110 studios in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 14 November 2025, is AED 70,000 a year: a gross yield of 6.0% on the 2023 price.

Sales and rents for 1505 over time

Sales
Unit 1505, 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, April 2014: AED 1,175,150 (AED 2,721 per sqft)Sold, August 2022: AED 825,000 (AED 1,910 per sqft)Sold, November 2023: AED 1,160,000 (AED 2,686 per sqft)

1505 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1505, each contractTypical studio in Prive by Damac Tower B
50K75K2020202220242026Typical 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 42,000 a yearNew contract, October 2024: AED 90,000 a yearNew contract, November 2025: 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 1505 sits

All 401 studios →

1505 last sold in November 2023 at AED 2,686 per sqft, 27% above what studios in Prive by Damac Tower B were fetching at the time (AED 2,110). 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. 1505'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
1504StudioAED 976K · May 2014
1506StudioAED 1.11M · Jul 2023
1507StudioAED 1.13M · Dec 2023
15082-bedAED 2.1M · May 2024
1–7 of 18

1505, Prive by Damac Tower B in numbers

  • Sold 3 times: first on 29 April 2014 for AED 1,175,150, last on 15 November 2023 for AED 1,160,000 (AED 2,686 per sqft).
  • Rented since July 2021 on 3 Ejari contracts, from AED 42,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2023 price is 6.0%.
  • 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 14 November 2025.

Questions about 1505, Prive by Damac Tower B

What did unit 1505 last sell for?

AED 1,160,000 on 15 November 2023: AED 2,686 per sqft for 432 sqft. The unit has 3 registered sales; the first was AED 1,175,150 in April 2014.

What is the rent for unit 1505?

AED 70,000 a year on the contract signed on 14 November 2025. The previous contract, from October 2024, was AED 90,000; the unit has been rented since July 2021.

How big is unit 1505?

432 sqft (40.1 sqm): a studio on the 15th floor of a 32-storey tower completed in 2019.

What is unit 1505 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 1505, Prive by Damac Tower B

Starts from the last sale price (AED 1.16M, 15 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,160,000
Deposit, UAE resident (20%)
AED 232,000
Deposit, non-resident (40%)
AED 464,000
Monthly over 25 years at 3.7%
AED 4,746

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