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Studio · 431 sqftPrive by Damac Tower B, Business Bay · 15th floor · completed 2019

1513, Prive by Damac Tower B

Sold prices and rental history: sold twice, last in November 2015, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1513 · DLD and Ejari recordsUpdated 21 February 2025
Last soldAED 1.13M19 November 2015
Current rentAED 80K /yr21 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1513, Prive by Damac Tower B

What is 1513 worth today?

Last sold for AED 1,128,600 in 2015

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21 Feb 2025RentedRenewal
AED 80,000/yr12 months · AED 186 per sqft
21 Feb 2024RentedNew contract
AED 80,000/yr12 months · AED 186 per sqft
15 Jan 2023RentedNew contract
AED 70,000/yr12 months · AED 162 per sqft
15 Sep 2022RentedRenewal
AED 60,000/yr3 months · AED 139 per sqft
15 Jun 2022RentedRenewal
AED 60,000/yr3 months · AED 139 per sqft
15 Dec 2021RentedRenewal
AED 60,000/yr6 months · AED 139 per sqft
15 Dec 2020RentedNew contract
AED 45,000/yr12 months · AED 105 per sqft
19 Nov 2015SoldOff-plan
AED 1,128,600AED 2,617 per sqft

Source: Dubai Land Department. Updated 21 February 2025.

Key facts

Type
Studio apartment
Size
431 sqft
Floor
15th of 32
Parking
P2-219
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.13M · November 2015
Building
Prive by Damac Tower B

About 1513, Prive by Damac Tower B

1513 is a studio of 431 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 19 November 2015 for AED 1,128,600, or AED 2,617 per sqft, 10% below the AED 2,915 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 21 February 2025, is AED 80,000 a year: a gross yield of 7.1% on the 2015 price.

Sales and rents for 1513 over time

Sales
Unit 1513, 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, October 2014: AED 1,128,600 (AED 2,617 per sqft)Sold, November 2015: AED 1,128,600 (AED 2,617 per sqft)

1513 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1513, 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, December 2020: AED 45,000 a yearRenewal, December 2021: AED 60,000 a yearRenewal, June 2022: AED 60,000 a yearRenewal, September 2022: AED 60,000 a yearNew contract, January 2023: AED 70,000 a yearNew contract, February 2024: AED 80,000 a yearRenewal, February 2025: AED 80,000 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 1513 sits

All 401 studios →

1513 last sold in November 2015 at AED 2,617 per sqft, 10% below what studios in Prive by Damac Tower B were fetching at the time (AED 2,915). 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. 1513's AED 80,000 is in the upper 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
1505StudioAED 1.16M · Nov 2023
1506StudioAED 1.11M · Jul 2023
1507StudioAED 1.13M · Dec 2023
1–7 of 18

1513, Prive by Damac Tower B in numbers

  • Sold twice: first on 7 October 2014 for AED 1,128,600, last on 19 November 2015 for AED 1,128,600 (AED 2,617 per sqft).
  • Rented since December 2020 on 7 Ejari contracts, from AED 45,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2015 price is 7.1%.
  • 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 21 February 2025.

Questions about 1513, Prive by Damac Tower B

What did unit 1513 last sell for?

AED 1,128,600 on 19 November 2015: AED 2,617 per sqft for 431 sqft. The unit has 2 registered sales; the first was AED 1,128,600 in October 2014.

What is the rent for unit 1513?

AED 80,000 a year on the contract renewed on 21 February 2025. The previous contract, from February 2024, was AED 80,000; the unit has been rented since December 2020.

How big is unit 1513?

431 sqft (40.0 sqm): a studio on the 15th floor of a 32-storey tower completed in 2019.

What is unit 1513 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 1513, Prive by Damac Tower B

Starts from the last sale price (AED 1.13M, 19 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,128,600
Deposit, UAE resident (20%)
AED 225,720
Deposit, non-resident (40%)
AED 451,440
Monthly over 25 years at 3.7%
AED 4,617

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