1-bed · 982 sqftPrive by Damac Tower B, Business Bay · 15th floor · completed 2019

1509, Prive by Damac Tower B

Sold prices and rental history: sold twice, last in July 2024, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1509 · DLD and Ejari recordsUpdated 1 January 2026
Last soldAED 1.85M26 July 2024
Current rentAED 80K /yr1 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1509, Prive by Damac Tower B

What is 1509 worth today?

Last sold for AED 1,850,000 in 2024

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1 Jan 2026RentedRenewal
AED 80,000/yr12 months · AED 82 per sqft
1 Jan 2025RentedNew contract
AED 137,500/yr12 months · AED 140 per sqft
26 Jul 2024SoldReady
AED 1,850,000AED 1,883 per sqft
10 Nov 2023RentedNew contract
AED 125,000/yr12 months · AED 127 per sqft
17 May 2022Sold by developerReady
AED 1,766,940AED 1,798 per sqft

Source: Dubai Land Department. Updated 1 January 2026.

Key facts

Type
1-bed apartment
Size
982 sqft
Floor
15th of 32
Parking
P3-161
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.85M · July 2024

About 1509, Prive by Damac Tower B

1509 is a one-bedroom apartment of 982 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 26 July 2024 for AED 1,850,000, or AED 1,883 per sqft, 6% above the AED 1,773 one-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 1 January 2026, is AED 80,000 a year: a gross yield of 4.3% on the 2024 price.

Sales and rents for 1509 over time

Sales
Unit 1509, each saleTypical one-bed in Prive by Damac Tower B
1.5M2M2.5M2014201820222026Typical sale price by year: 2014 AED 2,440,800; 2017 AED 1,992,000; 2018 AED 1,830,150; 2019 AED 2,113,000; 2020 AED 1,569,985; 2021 AED 1,470,425; 2022 AED 1,740,925; 2023 AED 1,700,000; 2024 AED 1,600,500; 2025 AED 1,600,000; 2026 AED 1,762,386Sold by developer, May 2022: AED 1,766,940 (AED 1,798 per sqft)Sold, July 2024: AED 1,850,000 (AED 1,883 per sqft)

1509 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1509, each contractTypical one-bed in Prive by Damac Tower B
100K2020202220242026Typical rent by year: 2020 AED 75,500; 2021 AED 80,000; 2022 AED 90,000; 2023 AED 110,000; 2024 AED 115,000; 2025 AED 120,000; 2026 AED 100,000New contract, November 2023: AED 125,000 a yearNew contract, January 2025: AED 137,500 a yearRenewal, January 2026: AED 80,000 a year

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

1-beds in Prive by Damac Tower B, and where 1509 sits

All 88 1-beds →

1509 last sold in July 2024 at AED 1,883 per sqft, 6% above what one-beds in Prive by Damac Tower B were fetching at the time (AED 1,773). Over the last 12 months one-beds sold for AED 1,700,000 to 2,280,000, around AED 1,986 per sqft, and rent for AED 80,000 to 168,000 a year. 1509's AED 80,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Sep 20261,824,772
17 Feb 20261,700,000
5 Feb 20261,700,000
27 Jan 20262,280,000
4 1-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

1509, Prive by Damac Tower B in numbers

  • Sold twice: first on 17 May 2022 for AED 1,766,940, last on 26 July 2024 for AED 1,850,000 (AED 1,883 per sqft).
  • Rented since November 2023 on 3 Ejari contracts, from AED 125,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2024 price is 4.3%.
  • One-beds in Prive by Damac Tower B sold for AED 1,700,000–2,280,000 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 1 January 2026.

Questions about 1509, Prive by Damac Tower B

What did unit 1509 last sell for?

AED 1,850,000 on 26 July 2024: AED 1,883 per sqft for 982 sqft. The unit has 2 registered sales; the first was AED 1,766,940 in May 2022.

What is the rent for unit 1509?

AED 80,000 a year on the contract renewed on 1 January 2026. The previous contract, from January 2025, was AED 137,500; the unit has been rented since November 2023.

How big is unit 1509?

982 sqft (91.2 sqm): a one-bedroom apartment on the 15th floor of a 32-storey tower completed in 2019.

What is unit 1509 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Prive by Damac Tower B sold for AED 1,700,000 to 2,280,000 in the last 12 months, around AED 1,986 per sqft.

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Mortgage on 1509, Prive by Damac Tower B

Starts from the last sale price (AED 1.85M, 26 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

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