Studio · 453 sqftPrive by Damac Tower B, Business Bay · 15th floor · completed 2019

1517, Prive by Damac Tower B

Sold prices and rental history: sold once, by the developer in December 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1517 · DLD and Ejari recordsUpdated 30 September 2026
Last soldAED 1.08M8 December 2016
Current rentAED 52K /yr30 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1517, Prive by Damac Tower B

What is 1517 worth today?

Last sold for AED 1,081,000 in 2016

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30 Sep 2026RentedNew contract
AED 52,000/yr12 months · AED 115 per sqft
17 Dec 2024RentedNew contract
AED 70,000/yr12 months · AED 155 per sqft
15 Dec 2023RentedRenewal
AED 53,000/yr12 months · AED 117 per sqft
15 Dec 2022RentedRenewal
AED 46,200/yr12 months · AED 102 per sqft
15 Dec 2021RentedNew contract
AED 42,000/yr12 months · AED 93 per sqft
15 Dec 2020RentedNew contract
AED 38,000/yr12 months · AED 84 per sqft
8 Dec 2016Sold by developerOff-plan
AED 1,081,000AED 2,387 per sqft

Source: Dubai Land Department. Updated 30 September 2026.

Key facts

Type
Studio apartment
Size
453 sqft
Floor
15th of 32
Parking
nan
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.08M · December 2016

About 1517, Prive by Damac Tower B

1517 is a studio of 453 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 8 December 2016 for AED 1,081,000, or AED 2,387 per sqft, 4% above the AED 2,294 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 30 September 2026, is AED 52,000 a year: a gross yield of 4.8% on the 2016 price.

Sales and rents for 1517 over time

Sales
Unit 1517, 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, December 2016: AED 1,081,000 (AED 2,387 per sqft)

1517 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1517, 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 38,000 a yearNew contract, December 2021: AED 42,000 a yearRenewal, December 2022: AED 46,200 a yearRenewal, December 2023: AED 53,000 a yearNew contract, December 2024: AED 70,000 a yearNew contract, September 2026: AED 52,000 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 1517 sits

All 401 studios →

1517 last sold in December 2016 at AED 2,387 per sqft, 4% above what studios in Prive by Damac Tower B were fetching at the time (AED 2,294). 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. 1517's AED 52,000 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

1517, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 8 December 2016 for AED 1,081,000, or AED 2,387 per sqft.
  • Rented since December 2020 on 6 Ejari contracts, from AED 38,000 to AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2016 price is 4.8%.
  • 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 30 September 2026.

Questions about 1517, Prive by Damac Tower B

What did unit 1517 last sell for?

AED 1,081,000 on 8 December 2016, sold by the developer: AED 2,387 per sqft for 453 sqft. It is the only registered sale of the unit.

What is the rent for unit 1517?

AED 52,000 a year on the contract signed on 30 September 2026. The previous contract, from December 2024, was AED 70,000; the unit has been rented since December 2020.

How big is unit 1517?

453 sqft (42.1 sqm): a studio on the 15th floor of a 32-storey tower completed in 2019.

What is unit 1517 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 1517, Prive by Damac Tower B

Starts from the last sale price (AED 1.08M, 8 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,081,000
Deposit, UAE resident (20%)
AED 216,200
Deposit, non-resident (40%)
AED 432,400
Monthly over 25 years at 3.7%
AED 4,423

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