2-bed · 1,381 sqftPrive by Damac Tower B, Business Bay · 20th floor · completed 2019

2008, Prive by Damac Tower B

Sold prices and rental history: sold twice, last in September 2022, and rented once, from March 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2008 · DLD and Ejari recordsUpdated 27 September 2022
Last soldAED 2M27 September 2022
Current rentAED 118K /yr18 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2008, Prive by Damac Tower B

What is 2008 worth today?

Last sold for AED 2,000,000 in 2022

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27 Sep 2022SoldReady
AED 2,000,000AED 1,448 per sqft
18 Mar 2022RentedNew contract
AED 118,000/yr12 months · AED 85 per sqft
31 May 2021Sold by developerReady
AED 2,625,000AED 1,900 per sqft

Source: Dubai Land Department. Updated 27 September 2022.

Key facts

Type
2-bed apartment
Size
1,381 sqft
Floor
20th of 32
Parking
P2-215, P2-215A
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 2M · September 2022

About 2008, Prive by Damac Tower B

2008 is a two-bedroom apartment of 1,381 sqft on the 20th 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 27 September 2022 for AED 2,000,000, or AED 1,448 per sqft, 14% below the AED 1,691 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 18 March 2022. The current contract, signed on 18 March 2022, is AED 118,000 a year: a gross yield of 5.9% on the 2022 price.

Sales and rents for 2008 over time

Sales
Unit 2008, 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, May 2021: AED 2,625,000 (AED 1,900 per sqft)Sold, September 2022: AED 2,000,000 (AED 1,448 per sqft)

2008 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2008, 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 2022: AED 118,000 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 2008 sits

All 37 2-beds →

2008 last sold in September 2022 at AED 1,448 per sqft, 14% below what two-beds in Prive by Damac Tower B were fetching at the time (AED 1,691). 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. 2008's AED 118,000 is at the bottom 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 20th floor

All 526 units in Prive by Damac Tower B
Value
20011-bedAED 1.7M · May 2025
2002StudioAED 940K · Apr 2016
2003StudioAED 1.14M · Nov 2025
2004StudioAED 960K · Jul 2025
2005StudioAED 830K · Aug 2026
2006StudioAED 1.03M · Oct 2024
2007StudioAED 1.15M · Jan 2024
1–7 of 16

2008, Prive by Damac Tower B in numbers

  • Sold twice: first on 31 May 2021 for AED 2,625,000, last on 27 September 2022 for AED 2,000,000 (AED 1,448 per sqft).
  • Rented since March 2022 on one Ejari contract, at AED 118,000 a year.
  • At AED 118,000 a year the gross yield on the 2022 price is 5.9%.
  • 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 27 September 2022.

Questions about 2008, Prive by Damac Tower B

What did unit 2008 last sell for?

AED 2,000,000 on 27 September 2022: AED 1,448 per sqft for 1,381 sqft. The unit has 2 registered sales; the first was AED 2,625,000 in May 2021.

What is the rent for unit 2008?

AED 118,000 a year on the contract signed on 18 March 2022.

How big is unit 2008?

1,381 sqft (128.3 sqm): a two-bedroom apartment on the 20th floor of a 32-storey tower completed in 2019.

What is unit 2008 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 2008, Prive by Damac Tower B

Starts from the last sale price (AED 2M, 27 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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