1-bed · 923 sqftPrive by Damac Tower B, Business Bay · 23rd floor · completed 2019

2301, Prive by Damac Tower B

Sold prices and rental history: sold twice, last in December 2024, and rented once, from October 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2301 · DLD and Ejari recordsUpdated 20 December 2024
Last soldAED 1.6M20 December 2024
Current rentAED 120K /yr14 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2301, Prive by Damac Tower B

What is 2301 worth today?

Last sold for AED 1,600,000 in 2024

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20 Dec 2024SoldReady
AED 1,600,000AED 1,733 per sqft
14 Oct 2023RentedNew contract
AED 120,000/yr12 months · AED 130 per sqft
20 Sep 2022Sold by developerReady
AED 1,673,900AED 1,813 per sqft

Source: Dubai Land Department. Updated 20 December 2024.

Key facts

Type
1-bed apartment
Size
923 sqft
Floor
23rd of 32
Parking
P3-113
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.6M · December 2024

About 2301, Prive by Damac Tower B

2301 is a one-bedroom apartment of 923 sqft on the 23rd 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 20 December 2024 for AED 1,600,000, or AED 1,733 per sqft, in line with the AED 1,760 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 14 October 2023. The current contract, signed on 14 October 2023, is AED 120,000 a year: a gross yield of 7.5% on the 2024 price.

Sales and rents for 2301 over time

Sales
Unit 2301, each saleTypical one-bed in Prive by Damac Tower B
1.5M2M2.5M2014201820222026Typical sale price by year: 2014 AED 2,440,800; 2017 AED 1,992,000; 2018 AED 1,830,150; 2019 AED 2,113,000; 2020 AED 1,569,985; 2021 AED 1,470,425; 2022 AED 1,740,925; 2023 AED 1,700,000; 2024 AED 1,600,500; 2025 AED 1,600,000; 2026 AED 1,762,386Sold by developer, September 2022: AED 1,673,900 (AED 1,813 per sqft)Sold, December 2024: AED 1,600,000 (AED 1,733 per sqft)

2301 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2301, each contractTypical one-bed in Prive by Damac Tower B
75K100K125K2020202220242026Typical rent by year: 2020 AED 75,500; 2021 AED 80,000; 2022 AED 90,000; 2023 AED 110,000; 2024 AED 115,000; 2025 AED 120,000; 2026 AED 100,000New contract, October 2023: AED 120,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Prive by Damac Tower B, and where 2301 sits

All 88 1-beds →

2301 last sold in December 2024 at AED 1,733 per sqft, in line with what one-beds in Prive by Damac Tower B were fetching at the time (AED 1,760). Over the last 12 months one-beds sold for AED 1,700,000 to 2,280,000, around AED 1,986 per sqft, and rent for AED 80,000 to 168,000 a year. 2301's AED 120,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Sep 20261,824,772
17 Feb 20261,700,000
5 Feb 20261,700,000
27 Jan 20262,280,000
4 1-bed 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 23rd floor

All 526 units in Prive by Damac Tower B
Value
2302StudioAED 936K · Apr 2016
2303StudioAED 901K · Apr 2016
2304StudioAED 1M · May 2025
2305StudioAED 964K · Apr 2016
2306StudioAED 1M · Jul 2023
2307StudioAED 1.19M · May 2016
23082-bedAED 3.2M · Nov 2024
1–7 of 16

2301, Prive by Damac Tower B in numbers

  • Sold twice: first on 20 September 2022 for AED 1,673,900, last on 20 December 2024 for AED 1,600,000 (AED 1,733 per sqft).
  • Rented since October 2023 on one Ejari contract, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2024 price is 7.5%.
  • One-beds in Prive by Damac Tower B sold for AED 1,700,000–2,280,000 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 2024.

Questions about 2301, Prive by Damac Tower B

What did unit 2301 last sell for?

AED 1,600,000 on 20 December 2024: AED 1,733 per sqft for 923 sqft. The unit has 2 registered sales; the first was AED 1,673,900 in September 2022.

What is the rent for unit 2301?

AED 120,000 a year on the contract signed on 14 October 2023.

How big is unit 2301?

923 sqft (85.7 sqm): a one-bedroom apartment on the 23rd floor of a 32-storey tower completed in 2019.

What is unit 2301 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Prive by Damac Tower B sold for AED 1,700,000 to 2,280,000 in the last 12 months, around AED 1,986 per sqft.

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Mortgage on 2301, Prive by Damac Tower B

Starts from the last sale price (AED 1.6M, 20 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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