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2-bed · 1,381 sqftPrive by Damac Tower B, Business Bay · 16th floor · completed 2019

1608, Prive by Damac Tower B

Sold prices and rental history: sold once, by the developer in January 2019, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1608 · DLD and Ejari recordsUpdated 11 November 2026
Last soldAED 3.03M16 January 2019
Current rentAED 140K /yr11 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1608, Prive by Damac Tower B

What is 1608 worth today?

Last sold for AED 3,030,000 in 2019

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11 Nov 2026RentedRenewal
AED 140,000/yr12 months · AED 102 per sqft
11 Nov 2025RentedNew contract
AED 150,000/yr12 months · AED 109 per sqft
1 Aug 2023RentedNew contract
AED 170,000/yr12 months · AED 123 per sqft
8 Mar 2022RentedRenewal
AED 97,000/yr12 months · AED 70 per sqft
8 Mar 2021RentedNew contract
AED 90,000/yr12 months · AED 65 per sqft
16 Jan 2019Sold by developerOff-plan
AED 3,030,000AED 2,193 per sqft

Source: Dubai Land Department. Updated 11 November 2026.

Key facts

Type
2-bed apartment
Size
1,381 sqft
Floor
16th of 32
Parking
P2-208, P2-208A
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 3.03M · January 2019
Building
Prive by Damac Tower B

About 1608, Prive by Damac Tower B

1608 is a two-bedroom apartment of 1,381 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 16 January 2019 for AED 3,030,000, or AED 2,193 per sqft, in line with the AED 2,140 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 11 November 2026, is AED 140,000 a year: a gross yield of 4.6% on the 2019 price.

Sales and rents for 1608 over time

Sales
Unit 1608, each saleTypical two-bed in Prive by Damac Tower B
2M3M2014201820222026Typical sale price by year: 2014 AED 3,513,600; 2017 AED 3,161,000; 2018 AED 2,752,410; 2019 AED 2,966,000; 2020 AED 2,487,000; 2021 AED 2,554,000; 2022 AED 2,172,075; 2023 AED 2,695,000; 2024 AED 2,685,120; 2025 AED 2,480,000; 2026 AED 2,500,000Sold by developer, January 2019: AED 3,030,000 (AED 2,193 per sqft)

1608 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1608, each contractTypical two-bed in Prive by Damac Tower B
100K150K2020202220242026Typical rent by year: 2020 AED 106,000; 2021 AED 102,500; 2022 AED 130,000; 2023 AED 145,000; 2024 AED 160,000; 2025 AED 160,000; 2026 AED 150,000New contract, March 2021: AED 90,000 a yearRenewal, March 2022: AED 97,000 a yearNew contract, August 2023: AED 170,000 a yearNew contract, November 2025: AED 150,000 a yearRenewal, November 2026: AED 140,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Prive by Damac Tower B, and where 1608 sits

All 37 2-beds →

1608 last sold in January 2019 at AED 2,193 per sqft, in line with what two-beds in Prive by Damac Tower B were fetching at the time (AED 2,140). Over the last 12 months two-beds sold for AED 2,200,000 to 2,750,000, around AED 1,665 per sqft, and rent for AED 125,000 to 220,000 a year. 1608's AED 140,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 May 20262,300,000
20 Apr 20262,200,000
25 Feb 20262,750,000
19 Feb 20262,500,000
5 2-bed 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

1608, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 16 January 2019 for AED 3,030,000, or AED 2,193 per sqft.
  • Rented since March 2021 on 5 Ejari contracts, from AED 90,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2019 price is 4.6%.
  • Two-beds in Prive by Damac Tower B sold for AED 2,200,000–2,750,000 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 November 2026.

Questions about 1608, Prive by Damac Tower B

What did unit 1608 last sell for?

AED 3,030,000 on 16 January 2019, sold by the developer: AED 2,193 per sqft for 1,381 sqft. It is the only registered sale of the unit.

What is the rent for unit 1608?

AED 140,000 a year on the contract renewed on 11 November 2026. The previous contract, from November 2025, was AED 150,000; the unit has been rented since March 2021.

How big is unit 1608?

1,381 sqft (128.3 sqm): a two-bedroom apartment on the 16th floor of a 32-storey tower completed in 2019.

What is unit 1608 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Prive by Damac Tower B sold for AED 2,200,000 to 2,750,000 in the last 12 months, around AED 1,665 per sqft.

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Mortgage on 1608, Prive by Damac Tower B

Starts from the last sale price (AED 3.03M, 16 January 2019). Switch to today's estimate once you have unlocked it.
Price
AED 3,030,000
Deposit, UAE resident (20%)
AED 606,000
Deposit, non-resident (40%)
AED 1,212,000
Monthly over 25 years at 3.7%
AED 12,397

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