Studio · 445 sqftPrive by Damac Tower B, Business Bay · 20th floor · completed 2019

2011, Prive by Damac Tower B

Sold prices and rental history: sold once, by the developer in February 2016, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2011 · DLD and Ejari recordsUpdated 3 August 2026
Last soldAED 1.15M7 February 2016
Current rentAED 58K /yr3 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2011, Prive by Damac Tower B

What is 2011 worth today?

Last sold for AED 1,150,600 in 2016

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3 Aug 2026RentedNew contract
AED 58,000/yr12 months · AED 120 per sqft
6 Nov 2024RentedRenewal
AED 90,000/yr12 months · AED 184 per sqft
6 Nov 2023RentedNew contract
AED 80,000/yr12 months · AED 164 per sqft
20 Mar 2023RentedRenewal
AED 65,000/yr12 months · AED 133 per sqft
20 Mar 2022RentedNew contract
AED 65,000/yr12 months · AED 133 per sqft
7 Feb 2016Sold by developerOff-plan
AED 1,150,600AED 2,585 per sqft

Source: Dubai Land Department. Updated 3 August 2026.

Key facts

Type
Studio apartment
Size
445 sqft
Floor
20th of 32
Parking
P3-71
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.15M · February 2016

About 2011, Prive by Damac Tower B

2011 is a studio of 445 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. The developer sold it on 7 February 2016 for AED 1,150,600, or AED 2,585 per sqft, 9% above the AED 2,363 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 3 August 2026, is AED 58,000 a year: a gross yield of 5.0% on the 2016 price.

Sales and rents for 2011 over time

Sales
Unit 2011, 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, February 2016: AED 1,150,600 (AED 2,585 per sqft)

2011 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2011, each contractTypical studio in Prive by Damac Tower B
50K75K2020202220242026Typical 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, March 2022: AED 65,000 a yearRenewal, March 2023: AED 65,000 a yearNew contract, November 2023: AED 80,000 a yearRenewal, November 2024: AED 90,000 a yearNew contract, August 2026: AED 58,000 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 2011 sits

All 401 studios →

2011 last sold in February 2016 at AED 2,585 per sqft, 9% above what studios in Prive by Damac Tower B were fetching at the time (AED 2,363). 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. 2011's AED 58,000 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 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

2011, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 7 February 2016 for AED 1,150,600, or AED 2,585 per sqft.
  • Rented since March 2022 on 5 Ejari contracts, from AED 65,000 to AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2016 price is 5.0%.
  • 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 3 August 2026.

Questions about 2011, Prive by Damac Tower B

What did unit 2011 last sell for?

AED 1,150,600 on 7 February 2016, sold by the developer: AED 2,585 per sqft for 445 sqft. It is the only registered sale of the unit.

What is the rent for unit 2011?

AED 58,000 a year on the contract signed on 3 August 2026. The previous contract, from November 2024, was AED 90,000; the unit has been rented since March 2022.

How big is unit 2011?

445 sqft (41.3 sqm): a studio on the 20th floor of a 32-storey tower completed in 2019.

What is unit 2011 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 2011, Prive by Damac Tower B

Starts from the last sale price (AED 1.15M, 7 February 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,600
Deposit, UAE resident (20%)
AED 230,120
Deposit, non-resident (40%)
AED 460,240
Monthly over 25 years at 3.7%
AED 4,707

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