Studio · 402 sqftPrive by Damac Tower B, Business Bay · 15th floor · completed 2019

1515, Prive by Damac Tower B

Sold prices and rental history: sold once, by the developer in May 2014, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1515 · DLD and Ejari recordsUpdated 1 November 2026
Last soldAED 1.09M14 May 2014
Current rentAED 70K /yr1 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1515, Prive by Damac Tower B

What is 1515 worth today?

Last sold for AED 1,091,550 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Nov 2026RentedNew contract
AED 70,000/yr12 months · AED 174 per sqft
23 Mar 2026RentedRenewal
AED 63,000/yr12 months · AED 157 per sqft
23 Mar 2025RentedRenewal
AED 60,000/yr12 months · AED 149 per sqft
23 Mar 2025RentedRenewal
AED 60,000/yr12 months · AED 149 per sqft
23 Mar 2024RentedRenewal
AED 57,750/yr12 months · AED 144 per sqft
23 Mar 2023RentedNew contract
AED 55,000/yr12 months · AED 137 per sqft
23 Mar 2022RentedNew contract
AED 55,000/yr12 months · AED 138 per sqft
1 Mar 2021RentedNew contract
AED 46,000/yr12 months · AED 115 per sqft

Source: Dubai Land Department. Updated 1 November 2026.

Key facts

Type
Studio apartment
Size
402 sqft
Floor
15th of 32
Parking
P2-221
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.09M · May 2014

About 1515, Prive by Damac Tower B

1515 is a studio of 402 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. The developer sold it on 14 May 2014 for AED 1,091,550, or AED 2,715 per sqft, 5% above the AED 2,595 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 8 Ejari contracts. The current contract, signed on 1 November 2026, is AED 70,000 a year: a gross yield of 6.4% on the 2014 price.

Sales and rents for 1515 over time

Sales
Unit 1515, 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, May 2014: AED 1,091,550 (AED 2,715 per sqft)

1515 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1515, 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, March 2021: AED 46,000 a yearNew contract, March 2022: AED 55,000 a yearNew contract, March 2023: AED 55,000 a yearRenewal, March 2024: AED 57,750 a yearRenewal, March 2025: AED 60,000 a yearRenewal, March 2025: AED 60,000 a yearRenewal, March 2026: AED 63,000 a yearNew contract, November 2026: AED 70,000 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 1515 sits

All 401 studios →

1515 last sold in May 2014 at AED 2,715 per sqft, 5% above what studios in Prive by Damac Tower B were fetching at the time (AED 2,595). 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. 1515's AED 70,000 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

1515, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 14 May 2014 for AED 1,091,550, or AED 2,715 per sqft.
  • Rented since March 2021 on 8 Ejari contracts, from AED 46,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2014 price is 6.4%.
  • 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 November 2026.

Questions about 1515, Prive by Damac Tower B

What did unit 1515 last sell for?

AED 1,091,550 on 14 May 2014, sold by the developer: AED 2,715 per sqft for 402 sqft. It is the only registered sale of the unit.

What is the rent for unit 1515?

AED 70,000 a year on the contract signed on 1 November 2026. The previous contract, from March 2026, was AED 63,000; the unit has been rented since March 2021.

How big is unit 1515?

402 sqft (37.3 sqm): a studio on the 15th floor of a 32-storey tower completed in 2019.

What is unit 1515 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.

Selling 1515? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1515, Prive by Damac Tower B

Starts from the last sale price (AED 1.09M, 14 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,091,550
Deposit, UAE resident (20%)
AED 218,310
Deposit, non-resident (40%)
AED 436,620
Monthly over 25 years at 3.7%
AED 4,466

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