Studio · 432 sqftPrive by Damac Tower B, Business Bay · 2nd floor · completed 2019

205, Prive by Damac Tower B

Sold prices and rental history: sold twice, last in September 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 205 · DLD and Ejari recordsUpdated 9 September 2024
Last soldAED 930K9 September 2024
Current rentAED 48K /yr1 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 205, Prive by Damac Tower B

What is 205 worth today?

Last sold for AED 930,000 in 2024

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9 Sep 2024SoldReady
AED 930,000AED 2,154 per sqft
1 May 2023RentedRenewal
AED 48,000/yr12 months · AED 111 per sqft
1 Dec 2022RentedNew contract
AED 39,998/yr5 months · AED 93 per sqft
1 Jun 2021RentedNew contract
AED 40,000/yr12 months · AED 93 per sqft
2 Oct 2014Sold by developerOff-plan
AED 1,491,500AED 3,454 per sqft

Source: Dubai Land Department. Updated 9 September 2024.

Key facts

Type
Studio apartment
Size
432 sqft
Floor
2nd of 32
Parking
P1-170
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 930K · September 2024

About 205, Prive by Damac Tower B

205 is a studio of 432 sqft on the 2nd 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 9 September 2024 for AED 930,000, or AED 2,154 per sqft, 9% below the AED 2,370 studios in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 1 May 2023, is AED 48,000 a year: a gross yield of 5.2% on the 2024 price.

Sales and rents for 205 over time

Sales
Unit 205, each saleTypical studio in Prive by Damac Tower B
500K1M1.5M2014201820222026Typical 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, October 2014: AED 1,491,500 (AED 3,454 per sqft)Sold, September 2024: AED 930,000 (AED 2,154 per sqft)

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

Rents
Unit 205, 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, June 2021: AED 40,000 a yearNew contract, December 2022: AED 39,998 a yearRenewal, May 2023: AED 48,000 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 205 sits

All 401 studios →

205 last sold in September 2024 at AED 2,154 per sqft, 9% below what studios in Prive by Damac Tower B were fetching at the time (AED 2,370). 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. 205's AED 48,000 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 2nd floor

All 526 units in Prive by Damac Tower B
Value
2011-bedAED 1.55M · Mar 2020
202StudioAED 825K · Jan 2025
203StudioAED 1.05M · Aug 2025
204StudioAED 879K · Jul 2023
206StudioAED 625K · Jan 2021
207StudioAED 1.29M · Nov 2017
2082-bedAED 2.15M · Jun 2025
1–7 of 16

205, Prive by Damac Tower B in numbers

  • Sold twice: first on 2 October 2014 for AED 1,491,500, last on 9 September 2024 for AED 930,000 (AED 2,154 per sqft).
  • Rented since June 2021 on 3 Ejari contracts, from AED 40,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2024 price is 5.2%.
  • 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 9 September 2024.

Questions about 205, Prive by Damac Tower B

What did unit 205 last sell for?

AED 930,000 on 9 September 2024: AED 2,154 per sqft for 432 sqft. The unit has 2 registered sales; the first was AED 1,491,500 in October 2014.

What is the rent for unit 205?

AED 48,000 a year on the contract renewed on 1 May 2023. The previous contract, from December 2022, was AED 39,998; the unit has been rented since June 2021.

How big is unit 205?

432 sqft (40.1 sqm): a studio on the 2nd floor of a 32-storey tower completed in 2019.

What is unit 205 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 205, Prive by Damac Tower B

Starts from the last sale price (AED 930K, 9 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 930,000
Deposit, UAE resident (20%)
AED 186,000
Deposit, non-resident (40%)
AED 372,000
Monthly over 25 years at 3.7%
AED 3,805

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