1506, Prive by Damac Tower B
Sold prices and rental history: sold twice, last in July 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1506, Prive by Damac Tower B
What is 1506 worth today?
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Source: Dubai Land Department. Updated 26 April 2026.
Key facts
- Type
- Studio apartment
- Size
- 471 sqft
- Floor
- 15th of 32
- Parking
- P2-210
- Developer
- Namaa Properties Development
- Completed
- 2019
- Last sold
- AED 1.11M · July 2023
- Building
- Prive by Damac Tower B
About 1506, Prive by Damac Tower B
1506 is a studio of 471 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 11 July 2023 for AED 1,105,440, or AED 2,345 per sqft, 19% above the AED 1,970 studios in the building were fetching at the time.
It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 26 April 2026, is AED 69,626 a year: a gross yield of 6.3% on the 2023 price.
Sales and rents for 1506 over time
1506 has sold twice; the dashed line is the studio median of each year in the building.
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 1506 sits
All 401 studios →1506 last sold in July 2023 at AED 2,345 per sqft, 19% above what studios in Prive by Damac Tower B were fetching at the time (AED 1,970). 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. 1506's AED 69,626 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 419 sqft | 920,000 | 2,195 | ||
| 19 Oct 202619 October 2026 | 396 sqft | 920,000 | 2,321 | ||
| 15 Oct 202615 October 2026 | 396 sqft | 888,000 | 2,241 | ||
| 14 Oct 202614 October 2026 | 401 sqft | 1,000,000 | 2,496 |
Prive by Damac Tower B
Building526 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%
Other units on the 15th floor
All 526 units in Prive by Damac Tower B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | Studio | 449 sqft | AED 950KAED 950,000 · Dec 2025December 2025 | 60,000 /yr | |
| 1502 | Studio | 401 sqft | AED 1.13MAED 1,126,700 · May 2014May 2014 | 73,000 /yr | |
| 1503 | Studio | 396 sqft | AED 1.05MAED 1,050,000 · May 2025May 2025 | 78,730 /yr | |
| 1504 | Studio | 373 sqft | AED 976KAED 975,650 · May 2014May 2014 | 70,000 /yr | |
| 1505 | Studio | 432 sqft | AED 1.16MAED 1,160,000 · Nov 2023November 2023 | 70,000 /yr | |
| 1507 | Studio | 491 sqft | AED 1.13MAED 1,125,000 · Dec 2023December 2023 | 80,000 /yr | |
| 1508 | 2-bed | 1,268 sqft | AED 2.1MAED 2,100,000 · May 2024May 2024 | 135,000 /yr | |
| 1509 | 1-bed | 982 sqft | AED 1.85MAED 1,850,000 · Jul 2024July 2024 | 80,000 /yr | |
| 1510 | Studio | 438 sqft | AED 1.18MAED 1,175,150 · May 2014May 2014 | 65,000 /yr | |
| 1511 | Studio | 489 sqft | AED 1.53MAED 1,533,000 · May 2014May 2014 | 70,000 /yr | |
| 1512 | Studio | 471 sqft | AED 1.25MAED 1,253,050 · May 2014May 2014 | 70,000 /yr | |
| 1513 | Studio | 431 sqft | AED 1.13MAED 1,128,600 · Nov 2015November 2015 | 80,000 /yr | |
| 1514 | Studio | 373 sqft | AED 875KAED 875,000 · Apr 2023April 2023 | 75,000 /yr | |
| 1515 | Studio | 402 sqft | AED 1.09MAED 1,091,550 · May 2014May 2014 | 70,000 /yr | |
| 1516 | Studio | 419 sqft | AED 1.08MAED 1,082,050 · Apr 2014April 2014 | 70,000 /yr | |
| 1517 | Studio | 453 sqft | AED 1.08MAED 1,081,000 · Dec 2016December 2016 | 52,000 /yr | |
| 1501A | Studio | 453 sqft | AED 1.05MAED 1,050,000 · May 2025May 2025 | 75,000 /yr | |
| 1517A | Studio | 459 sqft | AED 950KAED 950,000 · Jul 2024July 2024 | 75,000 /yr |
1506, Prive by Damac Tower B in numbers
- Sold twice: first on 21 September 2014 for AED 1,603,600, last on 11 July 2023 for AED 1,105,440 (AED 2,345 per sqft).
- Rented since October 2023 on 2 Ejari contracts, from AED 85,000 to AED 69,626 a year.
- At AED 69,626 a year the gross yield on the 2023 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 26 April 2026.
Questions about 1506, Prive by Damac Tower B
What did unit 1506 last sell for?
AED 1,105,440 on 11 July 2023: AED 2,345 per sqft for 471 sqft. The unit has 2 registered sales; the first was AED 1,603,600 in September 2014.
What is the rent for unit 1506?
AED 69,626 a year on the contract renewed on 26 April 2026. The previous contract, from October 2023, was AED 85,000.
How big is unit 1506?
471 sqft (43.8 sqm): a studio on the 15th floor of a 32-storey tower completed in 2019.
What is unit 1506 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 1506, Prive by Damac Tower B
Starts from the last sale price (AED 1.11M, 11 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,105,440
- Deposit, UAE resident (20%)
- AED 221,088
- Deposit, non-resident (40%)
- AED 442,176
- Monthly over 25 years at 3.7%
- AED 4,523
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →