1604, Prive by Damac Tower B
Sold prices and rental history: sold 5 times, last in September 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1604, Prive by Damac Tower B
What is 1604 worth today?
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Source: Dubai Land Department. Updated 11 September 2024.
Key facts
- Type
- Studio apartment
- Size
- 373 sqft
- Floor
- 16th of 32
- Parking
- P3-03
- Developer
- Namaa Properties Development
- Completed
- 2019
- Last sold
- AED 1.05M · September 2024
- Building
- Prive by Damac Tower B
About 1604, Prive by Damac Tower B
1604 is a studio of 373 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. It last sold on 11 September 2024 for AED 1,050,000, or AED 2,818 per sqft, 19% above the AED 2,371 studios in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 60,500 a year: a gross yield of 5.8% on the 2024 price.
Sales and rents for 1604 over time
1604 has sold 5 times; 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 1604 sits
All 401 studios →1604 last sold in September 2024 at AED 2,818 per sqft, 19% above what studios in Prive by Damac Tower B were fetching at the time (AED 2,371). 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. 1604's AED 60,500 is in the lower half of that range.
| 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 | |
| 1603 | Studio | 396 sqft | AED 911KAED 910,800 · Jan 2016January 2016 | ||
| 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 |
1604, Prive by Damac Tower B in numbers
- Sold 5 times: first on 14 April 2016 for AED 864,600, last on 11 September 2024 for AED 1,050,000 (AED 2,818 per sqft).
- Rented since July 2021 on 3 Ejari contracts, from AED 45,000 to AED 60,500 a year.
- At AED 60,500 a year the gross yield on the 2024 price is 5.8%.
- 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 11 September 2024.
Questions about 1604, Prive by Damac Tower B
What did unit 1604 last sell for?
AED 1,050,000 on 11 September 2024: AED 2,818 per sqft for 373 sqft. The unit has 5 registered sales; the first was AED 864,600 in April 2016.
What is the rent for unit 1604?
AED 60,500 a year on the contract renewed on 1 September 2023. The previous contract, from September 2022, was AED 55,000; the unit has been rented since July 2021.
How big is unit 1604?
373 sqft (34.7 sqm): a studio on the 16th floor of a 32-storey tower completed in 2019.
What is unit 1604 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 1604, Prive by Damac Tower B
Starts from the last sale price (AED 1.05M, 11 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,050,000
- Deposit, UAE resident (20%)
- AED 210,000
- Deposit, non-resident (40%)
- AED 420,000
- Monthly over 25 years at 3.7%
- AED 4,296
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →