Studio · 471 sqftPrive by Damac Tower B, Business Bay · 2nd floor · completed 2019

206, Prive by Damac Tower B

Sold prices and rental history: sold twice, last in January 2021, and rented once, from December 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 20 December 2023
Last soldAED 625K19 January 2021
Current rentAED 100K /yr20 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, Prive by Damac Tower B

What is 206 worth today?

Last sold for AED 625,000 in 2021

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20 Dec 2023RentedNew contract
AED 100,000/yr12 months · AED 211 per sqft
19 Jan 2021SoldReady
AED 625,000AED 1,325 per sqft
7 Apr 2014Sold by developerOff-plan
AED 1,193,200AED 2,531 per sqft

Source: Dubai Land Department. Updated 20 December 2023.

Key facts

Type
Studio apartment
Size
471 sqft
Floor
2nd of 32
Parking
P1-171
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 625K · January 2021

About 206, Prive by Damac Tower B

206 is a studio of 471 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 19 January 2021 for AED 625,000, or AED 1,325 per sqft, 15% below the AED 1,560 studios in the building were fetching at the time.

One Ejari contract is registered, from 20 December 2023. The current contract, signed on 20 December 2023, is AED 100,000 a year: a gross yield of 16.0% on the 2021 price.

Sales and rents for 206 over time

Sales
Unit 206, 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, April 2014: AED 1,193,200 (AED 2,531 per sqft)Sold, January 2021: AED 625,000 (AED 1,325 per sqft)

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

Rents
Unit 206, each contractTypical studio in Prive by Damac Tower B
50K75K100K2020202220242026Typical 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, December 2023: AED 100,000 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 206 sits

All 401 studios →

206 last sold in January 2021 at AED 1,325 per sqft, 15% below what studios in Prive by Damac Tower B were fetching at the time (AED 1,560). 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. 206's AED 100,000 is in the upper 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
205StudioAED 930K · Sep 2024
207StudioAED 1.29M · Nov 2017
2082-bedAED 2.15M · Jun 2025
1–7 of 16

206, Prive by Damac Tower B in numbers

  • Sold twice: first on 7 April 2014 for AED 1,193,200, last on 19 January 2021 for AED 625,000 (AED 1,325 per sqft).
  • Rented since December 2023 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2021 price is 16.0%.
  • 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 20 December 2023.

Questions about 206, Prive by Damac Tower B

What did unit 206 last sell for?

AED 625,000 on 19 January 2021: AED 1,325 per sqft for 471 sqft. The unit has 2 registered sales; the first was AED 1,193,200 in April 2014.

What is the rent for unit 206?

AED 100,000 a year on the contract signed on 20 December 2023.

How big is unit 206?

471 sqft (43.8 sqm): a studio on the 2nd floor of a 32-storey tower completed in 2019.

What is unit 206 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 206, Prive by Damac Tower B

Starts from the last sale price (AED 625K, 19 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 625,000
Deposit, UAE resident (20%)
AED 125,000
Deposit, non-resident (40%)
AED 250,000
Monthly over 25 years at 3.7%
AED 2,557

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