Studio · 419 sqftPrive by Damac Tower B, Business Bay · 2nd floor · completed 2019

216, Prive by Damac Tower B

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

Unit 216 · DLD and Ejari recordsUpdated 29 August 2026
Last soldAED 989K21 February 2024
Current rentAED 60K /yr29 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 216, Prive by Damac Tower B

What is 216 worth today?

Last sold for AED 989,000 in 2024

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29 Aug 2026RentedNew contract
AED 60,000/yr12 months · AED 143 per sqft
8 Sep 2025RentedRenewal
AED 66,000/yr12 months · AED 158 per sqft
8 Sep 2024RentedNew contract
AED 66,000/yr12 months · AED 158 per sqft
21 Feb 2024SoldReady
AED 989,000AED 2,360 per sqft
24 Jun 2014Sold by developerOff-plan
AED 1,073,500AED 2,561 per sqft

Source: Dubai Land Department. Updated 29 August 2026.

Key facts

Type
Studio apartment
Size
419 sqft
Floor
2nd of 32
Parking
P1-185
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 989K · February 2024

About 216, Prive by Damac Tower B

216 is a studio of 419 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 21 February 2024 for AED 989,000, or AED 2,360 per sqft, in line with the AED 2,299 studios in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 29 August 2026, is AED 60,000 a year: a gross yield of 6.1% on the 2024 price.

Sales and rents for 216 over time

Sales
Unit 216, 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, June 2014: AED 1,073,500 (AED 2,561 per sqft)Sold, February 2024: AED 989,000 (AED 2,360 per sqft)

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

Rents
Unit 216, 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 2024: AED 66,000 a yearRenewal, September 2025: AED 66,000 a yearNew contract, August 2026: AED 60,000 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 216 sits

All 401 studios →

216 last sold in February 2024 at AED 2,360 per sqft, in line with what studios in Prive by Damac Tower B were fetching at the time (AED 2,299). 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. 216's AED 60,000 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
205StudioAED 930K · Sep 2024
206StudioAED 625K · Jan 2021
207StudioAED 1.29M · Nov 2017
1–7 of 16

216, Prive by Damac Tower B in numbers

  • Sold twice: first on 24 June 2014 for AED 1,073,500, last on 21 February 2024 for AED 989,000 (AED 2,360 per sqft).
  • Rented since September 2024 on 3 Ejari contracts, from AED 66,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2024 price is 6.1%.
  • 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 29 August 2026.

Questions about 216, Prive by Damac Tower B

What did unit 216 last sell for?

AED 989,000 on 21 February 2024: AED 2,360 per sqft for 419 sqft. The unit has 2 registered sales; the first was AED 1,073,500 in June 2014.

What is the rent for unit 216?

AED 60,000 a year on the contract signed on 29 August 2026. The previous contract, from September 2025, was AED 66,000; the unit has been rented since September 2024.

How big is unit 216?

419 sqft (38.9 sqm): a studio on the 2nd floor of a 32-storey tower completed in 2019.

What is unit 216 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 216, Prive by Damac Tower B

Starts from the last sale price (AED 989K, 21 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 989,000
Deposit, UAE resident (20%)
AED 197,800
Deposit, non-resident (40%)
AED 395,600
Monthly over 25 years at 3.7%
AED 4,046

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