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Studio · 373 sqftPrive by Damac Tower B, Business Bay · 15th floor · completed 2019

1514, Prive by Damac Tower B

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

Unit 1514 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 875K6 April 2023
Current rentAED 75K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1514, Prive by Damac Tower B

What is 1514 worth today?

Last sold for AED 875,000 in 2023

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1 Sep 2025RentedRenewal
AED 75,000/yr12 months · AED 205 per sqft
1 Sep 2024RentedNew contract
AED 75,000/yr12 months · AED 199 per sqft
6 Apr 2023SoldReady
AED 875,000AED 2,348 per sqft
1 May 2022RentedRenewal
AED 45,100/yr12 months · AED 120 per sqft
1 May 2021RentedNew contract
AED 41,000/yr12 months · AED 109 per sqft
7 Feb 2016SoldOff-plan
AED 975,650AED 2,618 per sqft
25 Jun 2014Sold by developerOff-plan
AED 975,650AED 2,618 per sqft

Source: Dubai Land Department. Updated 1 September 2025.

Key facts

Type
Studio apartment
Size
373 sqft
Floor
15th of 32
Parking
P2-220
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 875K · April 2023
Building
Prive by Damac Tower B

About 1514, Prive by Damac Tower B

1514 is a studio of 373 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 6 April 2023 for AED 875,000, or AED 2,348 per sqft, 20% above the AED 1,955 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 1 September 2025, is AED 75,000 a year: a gross yield of 8.6% on the 2023 price.

Sales and rents for 1514 over time

Sales
Unit 1514, 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, June 2014: AED 975,650 (AED 2,618 per sqft)Sold, February 2016: AED 975,650 (AED 2,618 per sqft)Sold, April 2023: AED 875,000 (AED 2,348 per sqft)

1514 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1514, 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, May 2021: AED 41,000 a yearRenewal, May 2022: AED 45,100 a yearNew contract, September 2024: AED 75,000 a yearRenewal, September 2025: AED 75,000 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 1514 sits

All 401 studios →

1514 last sold in April 2023 at AED 2,348 per sqft, 20% above what studios in Prive by Damac Tower B were fetching at the time (AED 1,955). 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. 1514's AED 75,000 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
1505StudioAED 1.16M · Nov 2023
1506StudioAED 1.11M · Jul 2023
1507StudioAED 1.13M · Dec 2023
1–7 of 18

1514, Prive by Damac Tower B in numbers

  • Sold 3 times: first on 25 June 2014 for AED 975,650, last on 6 April 2023 for AED 875,000 (AED 2,348 per sqft).
  • Rented since May 2021 on 4 Ejari contracts, from AED 41,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2023 price is 8.6%.
  • 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 1 September 2025.

Questions about 1514, Prive by Damac Tower B

What did unit 1514 last sell for?

AED 875,000 on 6 April 2023: AED 2,348 per sqft for 373 sqft. The unit has 3 registered sales; the first was AED 975,650 in June 2014.

What is the rent for unit 1514?

AED 75,000 a year on the contract renewed on 1 September 2025. The previous contract, from September 2024, was AED 75,000; the unit has been rented since May 2021.

How big is unit 1514?

373 sqft (34.7 sqm): a studio on the 15th floor of a 32-storey tower completed in 2019.

What is unit 1514 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 1514, Prive by Damac Tower B

Starts from the last sale price (AED 875K, 6 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 875,000
Deposit, UAE resident (20%)
AED 175,000
Deposit, non-resident (40%)
AED 350,000
Monthly over 25 years at 3.7%
AED 3,580

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