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2-bed · 1,268 sqftPrive by Damac Tower B, Business Bay · 15th floor · completed 2019

1508, Prive by Damac Tower B

Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1508 · DLD and Ejari recordsUpdated 14 October 2025
Last soldAED 2.1M20 May 2024
Current rentAED 135K /yr14 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1508, Prive by Damac Tower B

What is 1508 worth today?

Last sold for AED 2,100,000 in 2024

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14 Oct 2025RentedRenewal
AED 135,000/yr12 months · AED 106 per sqft
13 Oct 2024RentedNew contract
AED 134,638/yr12 months · AED 106 per sqft
20 May 2024SoldReady
AED 2,100,000AED 1,656 per sqft
6 Jul 2023RentedRenewal
AED 110,000/yr12 months · AED 87 per sqft
6 Jul 2022RentedNew contract
AED 110,000/yr12 months · AED 87 per sqft
7 Jul 2021RentedNew contract
AED 100,000/yr12 months · AED 79 per sqft
16 May 2019Sold by developerOff-plan
AED 2,675,000AED 2,110 per sqft

Source: Dubai Land Department. Updated 14 October 2025.

Key facts

Type
2-bed apartment
Size
1,268 sqft
Floor
15th of 32
Parking
P2-212
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 2.1M · May 2024
Building
Prive by Damac Tower B

About 1508, Prive by Damac Tower B

1508 is a two-bedroom apartment of 1,268 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 20 May 2024 for AED 2,100,000, or AED 1,656 per sqft, 27% below the AED 2,265 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 14 October 2025, is AED 135,000 a year: a gross yield of 6.4% on the 2024 price.

Sales and rents for 1508 over time

Sales
Unit 1508, each saleTypical two-bed in Prive by Damac Tower B
2M3M2014201820222026Typical sale price by year: 2014 AED 3,513,600; 2017 AED 3,161,000; 2018 AED 2,752,410; 2019 AED 2,966,000; 2020 AED 2,487,000; 2021 AED 2,554,000; 2022 AED 2,172,075; 2023 AED 2,695,000; 2024 AED 2,685,120; 2025 AED 2,480,000; 2026 AED 2,500,000Sold by developer, May 2019: AED 2,675,000 (AED 2,110 per sqft)Sold, May 2024: AED 2,100,000 (AED 1,656 per sqft)

1508 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1508, each contractTypical two-bed in Prive by Damac Tower B
100K150K2020202220242026Typical rent by year: 2020 AED 106,000; 2021 AED 102,500; 2022 AED 130,000; 2023 AED 145,000; 2024 AED 160,000; 2025 AED 160,000; 2026 AED 150,000New contract, July 2021: AED 100,000 a yearNew contract, July 2022: AED 110,000 a yearRenewal, July 2023: AED 110,000 a yearNew contract, October 2024: AED 134,638 a yearRenewal, October 2025: AED 135,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Prive by Damac Tower B, and where 1508 sits

All 37 2-beds →

1508 last sold in May 2024 at AED 1,656 per sqft, 27% below what two-beds in Prive by Damac Tower B were fetching at the time (AED 2,265). Over the last 12 months two-beds sold for AED 2,200,000 to 2,750,000, around AED 1,665 per sqft, and rent for AED 125,000 to 220,000 a year. 1508's AED 135,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 May 20262,300,000
20 Apr 20262,200,000
25 Feb 20262,750,000
19 Feb 20262,500,000
5 2-bed 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
1505StudioAED 1.16M · Nov 2023
1506StudioAED 1.11M · Jul 2023
1507StudioAED 1.13M · Dec 2023
1–7 of 18

1508, Prive by Damac Tower B in numbers

  • Sold twice: first on 16 May 2019 for AED 2,675,000, last on 20 May 2024 for AED 2,100,000 (AED 1,656 per sqft).
  • Rented since July 2021 on 5 Ejari contracts, from AED 100,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2024 price is 6.4%.
  • Two-beds in Prive by Damac Tower B sold for AED 2,200,000–2,750,000 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 October 2025.

Questions about 1508, Prive by Damac Tower B

What did unit 1508 last sell for?

AED 2,100,000 on 20 May 2024: AED 1,656 per sqft for 1,268 sqft. The unit has 2 registered sales; the first was AED 2,675,000 in May 2019.

What is the rent for unit 1508?

AED 135,000 a year on the contract renewed on 14 October 2025. The previous contract, from October 2024, was AED 134,638; the unit has been rented since July 2021.

How big is unit 1508?

1,268 sqft (117.8 sqm): a two-bedroom apartment on the 15th floor of a 32-storey tower completed in 2019.

What is unit 1508 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Prive by Damac Tower B sold for AED 2,200,000 to 2,750,000 in the last 12 months, around AED 1,665 per sqft.

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Mortgage on 1508, Prive by Damac Tower B

Starts from the last sale price (AED 2.1M, 20 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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