Studio · 453 sqftPrive by Damac Tower B, Business Bay · 16th floor · completed 2019

1601A, Prive by Damac Tower B

Sold prices and rental history: sold once, by the developer in July 2022, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1601A · DLD and Ejari recordsUpdated 28 August 2026
Last soldAED 885K15 July 2022
Current rentAED 60K /yr28 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1601A, Prive by Damac Tower B

What is 1601A worth today?

Last sold for AED 884,940 in 2022

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28 Aug 2026RentedNew contract
AED 60,000/yr12 months · AED 133 per sqft
16 May 2025RentedNew contract
AED 75,000/yr12 months · AED 166 per sqft
16 May 2025RentedNew contract
AED 75,000/yr12 months · AED 166 per sqft
15 Jul 2022Sold by developerReady
AED 884,940AED 1,955 per sqft

Source: Dubai Land Department. Updated 28 August 2026.

Key facts

Type
Studio apartment
Size
453 sqft
Floor
16th of 32
Parking
nan
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 885K · July 2022

About 1601A, Prive by Damac Tower B

1601A is a studio of 453 sqft on the 16th 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 15 July 2022 for AED 884,940, or AED 1,955 per sqft, 7% above the AED 1,827 studios in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 28 August 2026, is AED 60,000 a year: a gross yield of 6.8% on the 2022 price.

Sales and rents for 1601A over time

Sales
Unit 1601A, 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, July 2022: AED 884,940 (AED 1,955 per sqft)

1601A has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1601A, 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 2025: AED 75,000 a yearNew contract, May 2025: AED 75,000 a yearNew contract, August 2026: AED 60,000 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 1601A sits

All 401 studios →

1601A last sold in July 2022 at AED 1,955 per sqft, 7% above what studios in Prive by Damac Tower B were fetching at the time (AED 1,827). 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. 1601A's AED 60,000 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 16th floor

All 526 units in Prive by Damac Tower B
Value
1601StudioAED 1.05M · Aug 2023
1602StudioAED 790K · Aug 2022
1603StudioAED 911K · Jan 2016
1604StudioAED 1.05M · Sep 2024
1605StudioAED 880K · Dec 2025
1606StudioAED 1.09M · Feb 2025
1607StudioAED 345K · Sep 2021
1–7 of 18

1601A, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 15 July 2022 for AED 884,940, or AED 1,955 per sqft.
  • Rented since May 2025 on 3 Ejari contracts, from AED 75,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2022 price is 6.8%.
  • 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 28 August 2026.

Questions about 1601A, Prive by Damac Tower B

What did unit 1601A last sell for?

AED 884,940 on 15 July 2022, sold by the developer: AED 1,955 per sqft for 453 sqft. It is the only registered sale of the unit.

What is the rent for unit 1601A?

AED 60,000 a year on the contract signed on 28 August 2026. The previous contract, from May 2025, was AED 75,000; the unit has been rented since May 2025.

How big is unit 1601A?

453 sqft (42.1 sqm): a studio on the 16th floor of a 32-storey tower completed in 2019.

What is unit 1601A 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 1601A, Prive by Damac Tower B

Starts from the last sale price (AED 885K, 15 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 884,940
Deposit, UAE resident (20%)
AED 176,988
Deposit, non-resident (40%)
AED 353,976
Monthly over 25 years at 3.7%
AED 3,621

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