Studio · 401 sqftPrive by Damac Tower B, Business Bay · 22nd floor · completed 2019

2203, Prive by Damac Tower B

Sold prices and rental history: sold once, by the developer in January 2017, and rented once, from July 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2203 · DLD and Ejari recordsUpdated 17 July 2026
Last soldAED 944K22 January 2017
Current rentAED 48K /yr17 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2203, Prive by Damac Tower B

What is 2203 worth today?

Last sold for AED 944,000 in 2017

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17 Jul 2026RentedNew contract
AED 48,000/yr12 months · AED 118 per sqft
22 Jan 2017Sold by developerOff-plan
AED 944,000AED 2,356 per sqft

Source: Dubai Land Department. Updated 17 July 2026.

Key facts

Type
Studio apartment
Size
401 sqft
Floor
22nd of 32
Parking
P3-98
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 944K · January 2017

About 2203, Prive by Damac Tower B

2203 is a studio of 401 sqft on the 22nd 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 22 January 2017 for AED 944,000, or AED 2,356 per sqft, in line with the AED 2,315 studios in the building were fetching at the time.

One Ejari contract is registered, from 17 July 2026. The current contract, signed on 17 July 2026, is AED 48,000 a year: a gross yield of 5.1% on the 2017 price.

Sales and rents for 2203 over time

Sales
Unit 2203, 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, January 2017: AED 944,000 (AED 2,356 per sqft)

2203 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2203, 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, July 2026: 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 2203 sits

All 401 studios →

2203 last sold in January 2017 at AED 2,356 per sqft, in line with what studios in Prive by Damac Tower B were fetching at the time (AED 2,315). 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. 2203'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 22nd floor

All 526 units in Prive by Damac Tower B
Value
22011-bedAED 1.59M · Sep 2020
2202StudioAED 400K · Feb 2021
2204StudioAED 880K · Jan 2023
2205StudioAED 964K · Apr 2016
2206StudioAED 801K · Apr 2023
2207StudioAED 1.19M · May 2016
22082-bedAED 2.59M · Aug 2018
1–7 of 16

2203, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 22 January 2017 for AED 944,000, or AED 2,356 per sqft.
  • Rented since July 2026 on one Ejari contract, at AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2017 price is 5.1%.
  • 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 17 July 2026.

Questions about 2203, Prive by Damac Tower B

What did unit 2203 last sell for?

AED 944,000 on 22 January 2017, sold by the developer: AED 2,356 per sqft for 401 sqft. It is the only registered sale of the unit.

What is the rent for unit 2203?

AED 48,000 a year on the contract signed on 17 July 2026.

How big is unit 2203?

401 sqft (37.3 sqm): a studio on the 22nd floor of a 32-storey tower completed in 2019.

What is unit 2203 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 2203, Prive by Damac Tower B

Starts from the last sale price (AED 944K, 22 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 944,000
Deposit, UAE resident (20%)
AED 188,800
Deposit, non-resident (40%)
AED 377,600
Monthly over 25 years at 3.7%
AED 3,862

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