Studio · 431 sqftPrive by Damac Tower B, Business Bay · 21st floor · completed 2019

2116, Prive by Damac Tower B

Sold prices and rental history: sold 3 times, last in March 2024, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2116 · DLD and Ejari recordsUpdated 30 July 2026
Last soldAED 1.05M18 March 2024
Current rentAED 67K /yr30 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2116, Prive by Damac Tower B

What is 2116 worth today?

Last sold for AED 1,050,000 in 2024

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30 Jul 2026RentedNew contract
AED 67,000/yr12 months · AED 156 per sqft
18 Sep 2025RentedRenewal
AED 74,000/yr12 months · AED 172 per sqft
18 Sep 2024RentedRenewal
AED 77,500/yr12 months · AED 180 per sqft
18 Mar 2024SoldReady
AED 1,050,000AED 2,435 per sqft
18 Sep 2023RentedNew contract
AED 82,000/yr12 months · AED 190 per sqft
27 Feb 2023SoldReady
AED 975,000AED 2,261 per sqft
7 Feb 2016Sold by developerOff-plan
AED 1,018,900AED 2,363 per sqft

Source: Dubai Land Department. Updated 30 July 2026.

Key facts

Type
Studio hotel apartment
Size
431 sqft
Floor
21st of 32
Parking
P3-94
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.05M · March 2024

About 2116, Prive by Damac Tower B

2116 is a studio of 431 sqft on the 21st 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 18 March 2024 for AED 1,050,000, or AED 2,435 per sqft, 3% above the AED 2,359 studios in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 30 July 2026, is AED 67,000 a year: a gross yield of 6.4% on the 2024 price.

Sales and rents for 2116 over time

Sales
Unit 2116, 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 1,018,900 (AED 2,363 per sqft)Sold, February 2023: AED 975,000 (AED 2,261 per sqft)Sold, March 2024: AED 1,050,000 (AED 2,435 per sqft)

2116 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 2116, 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, September 2023: AED 82,000 a yearRenewal, September 2024: AED 77,500 a yearRenewal, September 2025: AED 74,000 a yearNew contract, July 2026: AED 67,000 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 2116 sits

All 401 studios →

2116 last sold in March 2024 at AED 2,435 per sqft, 3% above what studios in Prive by Damac Tower B were fetching at the time (AED 2,359). 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. 2116's AED 67,000 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 21st floor

All 526 units in Prive by Damac Tower B
Value
21011-bedAED 1.7M · Nov 2022
2102StudioAED 1.12M · Apr 2026
2103StudioAED 1.06M · Jan 2025
2104StudioAED 300K · Feb 2024
2105StudioAED 784K · Feb 2022
2106StudioAED 1.03M · Apr 2016
2107StudioAED 818K · Feb 2022
1–7 of 16

2116, Prive by Damac Tower B in numbers

  • Sold 3 times: first on 7 February 2016 for AED 1,018,900, last on 18 March 2024 for AED 1,050,000 (AED 2,435 per sqft).
  • Rented since September 2023 on 4 Ejari contracts, from AED 82,000 to AED 67,000 a year.
  • At AED 67,000 a year the gross yield on the 2024 price is 6.4%.
  • 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 30 July 2026.

Questions about 2116, Prive by Damac Tower B

What did unit 2116 last sell for?

AED 1,050,000 on 18 March 2024: AED 2,435 per sqft for 431 sqft. The unit has 3 registered sales; the first was AED 1,018,900 in February 2016.

What is the rent for unit 2116?

AED 67,000 a year on the contract signed on 30 July 2026. The previous contract, from September 2025, was AED 74,000; the unit has been rented since September 2023.

How big is unit 2116?

431 sqft (40.0 sqm): a studio on the 21st floor of a 32-storey tower completed in 2019.

What is unit 2116 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 2116, Prive by Damac Tower B

Starts from the last sale price (AED 1.05M, 18 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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