Studio · 471 sqftPrive by Damac Tower B, Business Bay · 18th floor · completed 2019

1812, Prive by Damac Tower B

Sold prices and rental history: sold twice, last in January 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1812 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 810K4 January 2024
Current rentAED 70K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1812, Prive by Damac Tower B

What is 1812 worth today?

Last sold for AED 810,000 in 2024

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1 Dec 2025RentedRenewal
AED 70,000/yr12 months · AED 149 per sqft
1 Dec 2024RentedNew contract
AED 70,000/yr12 months · AED 149 per sqft
1 Dec 2024RentedNew contract
AED 70,000/yr12 months · AED 149 per sqft
4 Jan 2024SoldReady
AED 810,000AED 1,718 per sqft
1 Dec 2023RentedNew contract
AED 70,000/yr12 months · AED 149 per sqft
1 Dec 2022RentedNew contract
AED 70,000/yr12 months · AED 148 per sqft
25 Nov 2021RentedRenewal
AED 45,000/yr12 months · AED 95 per sqft
25 Nov 2020RentedNew contract
AED 45,000/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type
Studio apartment
Size
471 sqft
Floor
18th of 32
Parking
P3-40
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 810K · January 2024

About 1812, Prive by Damac Tower B

1812 is a studio of 471 sqft on the 18th 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 4 January 2024 for AED 810,000, or AED 1,718 per sqft, 24% below the AED 2,260 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 1 December 2025, is AED 70,000 a year: a gross yield of 8.6% on the 2024 price.

Sales and rents for 1812 over time

Sales
Unit 1812, 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, May 2014: AED 1,192,800 (AED 2,530 per sqft)Sold, January 2024: AED 810,000 (AED 1,718 per sqft)

1812 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1812, 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, November 2020: AED 45,000 a yearRenewal, November 2021: AED 45,000 a yearNew contract, December 2022: AED 70,000 a yearNew contract, December 2023: AED 70,000 a yearNew contract, December 2024: AED 70,000 a yearNew contract, December 2024: AED 70,000 a yearRenewal, December 2025: AED 70,000 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 1812 sits

All 401 studios →

1812 last sold in January 2024 at AED 1,718 per sqft, 24% below what studios in Prive by Damac Tower B were fetching at the time (AED 2,260). 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. 1812's AED 70,000 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 18th floor

All 526 units in Prive by Damac Tower B
Value
18011-bedAED 2.45M · Jun 2014
1802StudioAED 1.07M · Jun 2014
1803StudioAED 1.05M · Feb 2026
1804StudioAED 967K · Jun 2014
1805StudioAED 1.05M · Apr 2026
1806StudioAED 1.07M · Jan 2025
1807StudioAED 1.23M · Jun 2014
1–7 of 16

1812, Prive by Damac Tower B in numbers

  • Sold twice: first on 26 May 2014 for AED 1,192,800, last on 4 January 2024 for AED 810,000 (AED 1,718 per sqft).
  • Rented since November 2020 on 7 Ejari contracts, from AED 45,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2024 price is 8.6%.
  • 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 1 December 2025.

Questions about 1812, Prive by Damac Tower B

What did unit 1812 last sell for?

AED 810,000 on 4 January 2024: AED 1,718 per sqft for 471 sqft. The unit has 2 registered sales; the first was AED 1,192,800 in May 2014.

What is the rent for unit 1812?

AED 70,000 a year on the contract renewed on 1 December 2025. The previous contract, from December 2024, was AED 70,000; the unit has been rented since November 2020.

How big is unit 1812?

471 sqft (43.8 sqm): a studio on the 18th floor of a 32-storey tower completed in 2019.

What is unit 1812 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 1812, Prive by Damac Tower B

Starts from the last sale price (AED 810K, 4 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 810,000
Deposit, UAE resident (20%)
AED 162,000
Deposit, non-resident (40%)
AED 324,000
Monthly over 25 years at 3.7%
AED 3,314

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