Studio · 443 sqftPrive by Damac Tower B, Business Bay · 23rd floor · completed 2019

2306, Prive by Damac Tower B

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

Unit 2306 · DLD and Ejari recordsUpdated 31 March 2025
Last soldAED 1M31 July 2023
Current rentAED 85K /yr31 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2306, Prive by Damac Tower B

What is 2306 worth today?

Last sold for AED 1,000,000 in 2023

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31 Mar 2025RentedNew contract
AED 85,000/yr12 months · AED 193 per sqft
31 Mar 2024RentedRenewal
AED 85,000/yr12 months · AED 192 per sqft
31 Jul 2023SoldReady
AED 1,000,000AED 2,258 per sqft
31 Mar 2023RentedNew contract
AED 85,000/yr12 months · AED 192 per sqft
11 Jun 2022RentedNew contract
AED 84,000/yr12 months · AED 190 per sqft
12 Dec 2021RentedNew contract
AED 84,000/yr6 months · AED 190 per sqft
18 Oct 2016Sold by developerOff-plan
AED 1,028,000AED 2,321 per sqft

Source: Dubai Land Department. Updated 31 March 2025.

Key facts

Type
Studio apartment
Size
443 sqft
Floor
23rd of 32
Parking
P3-118
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1M · July 2023

About 2306, Prive by Damac Tower B

2306 is a studio of 443 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 31 July 2023 for AED 1,000,000, or AED 2,258 per sqft, 15% above the AED 1,972 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 31 March 2025, is AED 85,000 a year: a gross yield of 8.5% on the 2023 price.

Sales and rents for 2306 over time

Sales
Unit 2306, 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, October 2016: AED 1,028,000 (AED 2,321 per sqft)Sold, July 2023: AED 1,000,000 (AED 2,258 per sqft)

2306 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2306, 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, December 2021: AED 84,000 a yearNew contract, June 2022: AED 84,000 a yearNew contract, March 2023: AED 85,000 a yearRenewal, March 2024: AED 85,000 a yearNew contract, March 2025: AED 85,000 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 2306 sits

All 401 studios →

2306 last sold in July 2023 at AED 2,258 per sqft, 15% above what studios in Prive by Damac Tower B were fetching at the time (AED 1,972). 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. 2306's AED 85,000 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 23rd floor

All 526 units in Prive by Damac Tower B
Value
23011-bedAED 1.6M · Dec 2024
2302StudioAED 936K · Apr 2016
2303StudioAED 901K · Apr 2016
2304StudioAED 1M · May 2025
2305StudioAED 964K · Apr 2016
2307StudioAED 1.19M · May 2016
23082-bedAED 3.2M · Nov 2024
1–7 of 16

2306, Prive by Damac Tower B in numbers

  • Sold twice: first on 18 October 2016 for AED 1,028,000, last on 31 July 2023 for AED 1,000,000 (AED 2,258 per sqft).
  • Rented since December 2021 on 5 Ejari contracts, from AED 84,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2023 price is 8.5%.
  • 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 31 March 2025.

Questions about 2306, Prive by Damac Tower B

What did unit 2306 last sell for?

AED 1,000,000 on 31 July 2023: AED 2,258 per sqft for 443 sqft. The unit has 2 registered sales; the first was AED 1,028,000 in October 2016.

What is the rent for unit 2306?

AED 85,000 a year on the contract signed on 31 March 2025. The previous contract, from March 2024, was AED 85,000; the unit has been rented since December 2021.

How big is unit 2306?

443 sqft (41.2 sqm): a studio on the 23rd floor of a 32-storey tower completed in 2019.

What is unit 2306 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 2306, Prive by Damac Tower B

Starts from the last sale price (AED 1M, 31 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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