1603, Prive by Damac Tower B
Sold prices and rental history: sold once, by the developer in January 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, Prive by Damac Tower B
What is 1603 worth today?
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Source: Dubai Land Department. Updated 28 January 2016.
Key facts
- Type
- Studio apartment
- Size
- 396 sqft
- Floor
- 16th of 32
- Parking
- P3-02
- Developer
- Namaa Properties Development
- Completed
- 2019
- Last sold
- AED 911K · January 2016
- Building
- Prive by Damac Tower B
About 1603, Prive by Damac Tower B
1603 is a studio of 396 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 28 January 2016 for AED 910,800, or AED 2,298 per sqft, 9% below the AED 2,535 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1603 over time
1603 has sold once; the dashed line is the studio median of each year in the building.
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 1603 sits
All 401 studios →1603 last sold in January 2016 at AED 2,298 per sqft, 9% below what studios in Prive by Damac Tower B were fetching at the time (AED 2,535). 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.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 419 sqft | 920,000 | 2,195 | ||
| 19 Oct 202619 October 2026 | 396 sqft | 920,000 | 2,321 | ||
| 15 Oct 202615 October 2026 | 396 sqft | 888,000 | 2,241 | ||
| 14 Oct 202614 October 2026 | 401 sqft | 1,000,000 | 2,496 |
Prive by Damac Tower B
Building526 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%
Other units on the 16th floor
All 526 units in Prive by Damac Tower B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | Studio | 469 sqft | AED 1.05MAED 1,050,000 · Aug 2023August 2023 | 70,000 /yr | |
| 1602 | Studio | 401 sqft | AED 790KAED 790,000 · Aug 2022August 2022 | 70,000 /yr | |
| 1604 | Studio | 373 sqft | AED 1.05MAED 1,050,000 · Sep 2024September 2024 | 60,500 /yr | |
| 1605 | Studio | 432 sqft | AED 880KAED 880,000 · Dec 2025December 2025 | 80,000 /yr | |
| 1606 | Studio | 471 sqft | AED 1.09MAED 1,085,000 · Feb 2025February 2025 | 100,000 /yr | |
| 1607 | Studio | 491 sqft | AED 345KAED 345,000 · Sep 2021September 2021 | 60,000 /yr | |
| 1608 | 2-bed | 1,381 sqft | AED 3.03MAED 3,030,000 · Jan 2019January 2019 | 140,000 /yr | |
| 1609 | 1-bed | 982 sqft | AED 1.6MAED 1,600,000 · Oct 2025October 2025 | 120,000 /yr | |
| 1610 | Studio | 438 sqft | AED 1.05MAED 1,050,000 · Nov 2023November 2023 | 85,000 /yr | |
| 1611 | Studio | 489 sqft | AED 1.17MAED 1,172,000 · Jun 2023June 2023 | ||
| 1612 | Studio | 471 sqft | AED 1.15MAED 1,148,400 · Apr 2016April 2016 | 62,370 /yr | |
| 1613 | Studio | 431 sqft | AED 822KAED 822,220 · Aug 2022August 2022 | ||
| 1614 | Studio | 373 sqft | AED 960KAED 960,000 · Dec 2025December 2025 | 44,000 /yr | |
| 1615 | Studio | 402 sqft | AED 1.05MAED 1,050,000 · Dec 2024December 2024 | 80,000 /yr | |
| 1616 | Studio | 419 sqft | AED 975KAED 974,600 · Apr 2016April 2016 | 55,000 /yr | |
| 1617 | Studio | 453 sqft | AED 1.08MAED 1,080,583 · Sep 2016September 2016 | 52,000 /yr | |
| 1601A | Studio | 453 sqft | AED 885KAED 884,940 · Jul 2022July 2022 | 60,000 /yr | |
| 1617A | Studio | 459 sqft | AED 900KAED 900,000 · Mar 2025March 2025 | 63,000 /yr |
1603, Prive by Damac Tower B in numbers
- Sold once: by Namaa Properties Development on 28 January 2016 for AED 910,800, or AED 2,298 per sqft.
- 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 January 2016.
Questions about 1603, Prive by Damac Tower B
What did unit 1603 last sell for?
AED 910,800 on 28 January 2016, sold by the developer: AED 2,298 per sqft for 396 sqft. It is the only registered sale of the unit.
How big is unit 1603?
396 sqft (36.8 sqm): a studio on the 16th floor of a 32-storey tower completed in 2019.
What is unit 1603 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 1603, Prive by Damac Tower B
Starts from the last sale price (AED 911K, 28 January 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 910,800
- Deposit, UAE resident (20%)
- AED 182,160
- Deposit, non-resident (40%)
- AED 364,320
- Monthly over 25 years at 3.7%
- AED 3,726
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →