1816, Prive by Damac Tower B
Sold prices and rental history: sold twice, last in February 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1816, Prive by Damac Tower B
What is 1816 worth today?
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Source: Dubai Land Department. Updated 1 February 2024.
Key facts
- Type
- Studio apartment
- Size
- 419 sqft
- Floor
- 18th of 32
- Parking
- P3-44
- Developer
- Namaa Properties Development
- Completed
- 2019
- Last sold
- AED 810K · February 2024
- Building
- Prive by Damac Tower B
About 1816, Prive by Damac Tower B
1816 is a studio of 419 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 1 February 2024 for AED 810,000, or AED 1,932 per sqft, 16% below the AED 2,294 studios in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 1 November 2022, is AED 70,000 a year: a gross yield of 8.6% on the 2024 price.
Sales and rents for 1816 over time
1816 has sold twice; 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 1816 sits
All 401 studios →1816 last sold in February 2024 at AED 1,932 per sqft, 16% below what studios in Prive by Damac Tower B were fetching at the time (AED 2,294). 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. 1816's AED 70,000 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 18th floor
All 526 units in Prive by Damac Tower B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1801 | 1-bed | 967 sqft | AED 2.45MAED 2,448,000 · Jun 2014June 2014 | 108,000 /yr | |
| 1802 | Studio | 401 sqft | AED 1.07MAED 1,072,800 · Jun 2014June 2014 | 60,000 /yr | |
| 1803 | Studio | 396 sqft | AED 1.05MAED 1,050,000 · Feb 2026February 2026 | 68,000 /yr | |
| 1804 | Studio | 373 sqft | AED 967KAED 967,200 · Jun 2014June 2014 | 67,000 /yr | |
| 1805 | Studio | 432 sqft | AED 1.05MAED 1,050,000 · Apr 2026April 2026 | 61,000 /yr | |
| 1806 | Studio | 471 sqft | AED 1.07MAED 1,065,000 · Jan 2025January 2025 | 80,000 /yr | |
| 1807 | Studio | 491 sqft | AED 1.23MAED 1,226,400 · Jun 2014June 2014 | 70,000 /yr | |
| 1808 | 2-bed | 1,381 sqft | AED 3.51MAED 3,513,600 · Jun 2014June 2014 | 140,000 /yr | |
| 1809 | 1-bed | 982 sqft | AED 1.6MAED 1,600,500 · Jan 2024January 2024 | 129,651 /yr | |
| 1810 | Studio | 438 sqft | AED 1.1MAED 1,100,000 · Feb 2025February 2025 | 70,000 /yr | |
| 1811 | Studio | 489 sqft | AED 1.14MAED 1,140,000 · May 2025May 2025 | 70,000 /yr | |
| 1812 | Studio | 471 sqft | AED 810KAED 810,000 · Jan 2024January 2024 | 70,000 /yr | |
| 1813 | Studio | 431 sqft | AED 850KAED 850,000 · Oct 2023October 2023 | 93,000 /yr | |
| 1814 | Studio | 373 sqft | AED 950KAED 950,000 · Aug 2024August 2024 | 60,000 /yr | |
| 1815 | Studio | 402 sqft | AED 800KAED 800,000 · Feb 2024February 2024 | 60,000 /yr | |
| 1817 | 1-bed | 957 sqft | AED 1.7MAED 1,700,000 · Oct 2023October 2023 | 135,000 /yr |
1816, Prive by Damac Tower B in numbers
- Sold twice: first on 26 May 2014 for AED 1,072,800, last on 1 February 2024 for AED 810,000 (AED 1,932 per sqft).
- Rented since October 2020 on 3 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 February 2024.
Questions about 1816, Prive by Damac Tower B
What did unit 1816 last sell for?
AED 810,000 on 1 February 2024: AED 1,932 per sqft for 419 sqft. The unit has 2 registered sales; the first was AED 1,072,800 in May 2014.
What is the rent for unit 1816?
AED 70,000 a year on the contract signed on 1 November 2022. The previous contract, from October 2021, was AED 45,000; the unit has been rented since October 2020.
How big is unit 1816?
419 sqft (38.9 sqm): a studio on the 18th floor of a 32-storey tower completed in 2019.
What is unit 1816 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 1816, Prive by Damac Tower B
Starts from the last sale price (AED 810K, 1 February 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 →