2012, Prive by Damac Tower B
Sold prices and rental history: sold once, by the developer in January 2016, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2012, Prive by Damac Tower B
What is 2012 worth today?
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Source: Dubai Land Department. Updated 20 September 2024.
Key facts
- Type
- Studio apartment
- Size
- 471 sqft
- Floor
- 20th of 32
- Parking
- P3-72
- Developer
- Namaa Properties Development
- Completed
- 2019
- Last sold
- AED 1.1M · January 2016
- Building
- Prive by Damac Tower B
About 2012, Prive by Damac Tower B
2012 is a studio of 471 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 27 January 2016 for AED 1,095,600, or AED 2,324 per sqft, 8% below the AED 2,535 studios in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 20 September 2024, is AED 73,000 a year: a gross yield of 6.7% on the 2016 price.
Sales and rents for 2012 over time
2012 has sold once; 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 2012 sits
All 401 studios →2012 last sold in January 2016 at AED 2,324 per sqft, 8% below what studios in Prive by Damac Tower B were fetching at the time (AED 2,535). 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. 2012's AED 73,000 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 20th floor
All 526 units in Prive by Damac Tower B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 1-bed | 967 sqft | AED 1.7MAED 1,700,000 · May 2025May 2025 | 125,000 /yr | |
| 2002 | Studio | 400 sqft | AED 940KAED 939,977 · Apr 2016April 2016 | 48,276 /yr | |
| 2003 | Studio | 396 sqft | AED 1.14MAED 1,135,000 · Nov 2025November 2025 | 69,000 /yr | |
| 2004 | Studio | 373 sqft | AED 960KAED 960,000 · Jul 2025July 2025 | 58,500 /yr | |
| 2005 | Studio | 432 sqft | AED 830KAED 830,000 · Aug 2026August 2026 | 62,000 /yr | |
| 2006 | Studio | 471 sqft | AED 1.03MAED 1,030,000 · Oct 2024October 2024 | 60,000 /yr | |
| 2007 | Studio | 491 sqft | AED 1.15MAED 1,146,540 · Jan 2024January 2024 | ||
| 2008 | 2-bed | 1,381 sqft | AED 2MAED 2,000,000 · Sep 2022September 2022 | 118,000 /yr | |
| 2009 | 1-bed | 982 sqft | AED 1.78MAED 1,781,640 · Feb 2022February 2022 | ||
| 2010 | Studio | 438 sqft | AED 1.02MAED 1,016,000 · Apr 2016April 2016 | 67,818 /yr | |
| 2011 | Studio | 445 sqft | AED 1.15MAED 1,150,600 · Feb 2016February 2016 | 58,000 /yr | |
| 2013 | Studio | 431 sqft | AED 1.01MAED 1,009,800 · Dec 2015December 2015 | 70,000 /yr | |
| 2014 | Studio | 373 sqft | AED 855KAED 854,775 · Jan 2016January 2016 | ||
| 2015 | Studio | 402 sqft | AED 990KAED 990,000 · Sep 2023September 2023 | ||
| 2016 | Studio | 419 sqft | AED 1.19MAED 1,190,000 · May 2016May 2016 | 63,670 /yr | |
| 2017 | 1-bed | 957 sqft | AED 1.64MAED 1,641,000 · Feb 2020February 2020 | 110,000 /yr |
2012, Prive by Damac Tower B in numbers
- Sold once: by Namaa Properties Development on 27 January 2016 for AED 1,095,600, or AED 2,324 per sqft.
- Rented since August 2022 on 3 Ejari contracts, from AED 65,000 to AED 73,000 a year.
- At AED 73,000 a year the gross yield on the 2016 price is 6.7%.
- 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 20 September 2024.
Questions about 2012, Prive by Damac Tower B
What did unit 2012 last sell for?
AED 1,095,600 on 27 January 2016, sold by the developer: AED 2,324 per sqft for 471 sqft. It is the only registered sale of the unit.
What is the rent for unit 2012?
AED 73,000 a year on the contract renewed on 20 September 2024. The previous contract, from September 2023, was AED 73,000; the unit has been rented since August 2022.
How big is unit 2012?
471 sqft (43.8 sqm): a studio on the 20th floor of a 32-storey tower completed in 2019.
What is unit 2012 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 2012, Prive by Damac Tower B
Starts from the last sale price (AED 1.1M, 27 January 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,095,600
- Deposit, UAE resident (20%)
- AED 219,120
- Deposit, non-resident (40%)
- AED 438,240
- Monthly over 25 years at 3.7%
- AED 4,482
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →