Studio · 489 sqftPrive by Damac Tower B, Business Bay · 16th floor · completed 2019

1611, Prive by Damac Tower B

Sold prices and rental history: sold twice, last in June 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1611 · DLD and Ejari recordsUpdated 7 June 2023
Last soldAED 1.17M7 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1611, Prive by Damac Tower B

What is 1611 worth today?

Last sold for AED 1,172,000 in 2023

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7 Jun 2023SoldReady
AED 1,172,000AED 2,396 per sqft
14 Apr 2016Sold by developerOff-plan
AED 1,174,800AED 2,402 per sqft

Source: Dubai Land Department. Updated 7 June 2023.

Key facts

Type
Studio apartment
Size
489 sqft
Floor
16th of 32
Parking
P3-09
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.17M · June 2023

About 1611, Prive by Damac Tower B

1611 is a studio of 489 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 7 June 2023 for AED 1,172,000, or AED 2,396 per sqft, 22% above the AED 1,963 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1611 over time

Sales
Unit 1611, 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, April 2016: AED 1,174,800 (AED 2,402 per sqft)Sold, June 2023: AED 1,172,000 (AED 2,396 per sqft)

1611 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1611, 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 65,000

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 1611 sits

All 401 studios →

1611 last sold in June 2023 at AED 2,396 per sqft, 22% above what studios in Prive by Damac Tower B were fetching at the time (AED 1,963). 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 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

1611, Prive by Damac Tower B in numbers

  • Sold twice: first on 14 April 2016 for AED 1,174,800, last on 7 June 2023 for AED 1,172,000 (AED 2,396 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 7 June 2023.

Questions about 1611, Prive by Damac Tower B

What did unit 1611 last sell for?

AED 1,172,000 on 7 June 2023: AED 2,396 per sqft for 489 sqft. The unit has 2 registered sales; the first was AED 1,174,800 in April 2016.

How big is unit 1611?

489 sqft (45.4 sqm): a studio on the 16th floor of a 32-storey tower completed in 2019.

What is unit 1611 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 1611, Prive by Damac Tower B

Starts from the last sale price (AED 1.17M, 7 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,172,000
Deposit, UAE resident (20%)
AED 234,400
Deposit, non-resident (40%)
AED 468,800
Monthly over 25 years at 3.7%
AED 4,795

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