2316, Prive by Damac Tower B
Sold prices and rental history: sold once, by the developer in April 2016, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2316, Prive by Damac Tower B
What is 2316 worth today?
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Source: Dubai Land Department. Updated 9 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 431 sqft
- Floor
- 23rd of 32
- Parking
- P3-126
- Developer
- Namaa Properties Development
- Completed
- 2019
- Last sold
- AED 930K · April 2016
- Building
- Prive by Damac Tower B
About 2316, Prive by Damac Tower B
2316 is a studio of 431 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. The developer sold it on 7 April 2016 for AED 930,300, or AED 2,156 per sqft, 7% below the AED 2,317 studios in the building were fetching at the time.
It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 9 October 2026, is AED 55,000 a year: a gross yield of 5.9% on the 2016 price.
Sales and rents for 2316 over time
2316 has sold once; the dashed line is the studio median of each year in the building.
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 2316 sits
All 401 studios →2316 last sold in April 2016 at AED 2,156 per sqft, 7% below what studios in Prive by Damac Tower B were fetching at the time (AED 2,317). 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. 2316's AED 55,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 419 sqft | 920,000 | 2,195 | ||
| 19 Oct 202619 October 2026 | 396 sqft | 920,000 | 2,321 | ||
| 15 Oct 202615 October 2026 | 396 sqft | 888,000 | 2,241 | ||
| 14 Oct 202614 October 2026 | 401 sqft | 1,000,000 | 2,496 |
Prive by Damac Tower B
Building526 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%
Other units on the 23rd floor
All 526 units in Prive by Damac Tower B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 1-bed | 923 sqft | AED 1.6MAED 1,600,000 · Dec 2024December 2024 | 120,000 /yr | |
| 2302 | Studio | 408 sqft | AED 936KAED 935,752 · Apr 2016April 2016 | 55,000 /yr | |
| 2303 | Studio | 408 sqft | AED 901KAED 900,900 · Apr 2016April 2016 | 72,000 /yr | |
| 2304 | Studio | 373 sqft | AED 1MAED 1,000,000 · May 2025May 2025 | 55,000 /yr | |
| 2305 | Studio | 432 sqft | AED 964KAED 963,900 · Apr 2016April 2016 | 80,000 /yr | |
| 2306 | Studio | 443 sqft | AED 1MAED 1,000,000 · Jul 2023July 2023 | 85,000 /yr | |
| 2307 | Studio | 418 sqft | AED 1.19MAED 1,190,920 · May 2016May 2016 | ||
| 2308 | 2-bed | 1,342 sqft | AED 3.2MAED 3,200,000 · Nov 2024November 2024 | 125,000 /yr | |
| 2309 | 1-bed | 896 sqft | AED 1.5MAED 1,500,000 · Jan 2025January 2025 | 168,000 /yr | |
| 2310 | Studio | 414 sqft | AED 960KAED 960,000 · Mar 2019March 2019 | 75,000 /yr | |
| 2311 | Studio | 416 sqft | AED 1.25MAED 1,250,000 · Dec 2025December 2025 | 85,000 /yr | |
| 2312 | Studio | 443 sqft | AED 981KAED 980,700 · Jun 2016June 2016 | ||
| 2313 | Studio | 431 sqft | AED 964KAED 963,900 · Jun 2016June 2016 | ||
| 2314 | Studio | 373 sqft | AED 806KAED 805,650 · Apr 2016April 2016 | 70,000 /yr | |
| 2315 | Studio | 414 sqft | AED 1.15MAED 1,150,000 · Oct 2025October 2025 | 70,000 /yr | |
| 2317 | 1-bed | 933 sqft | AED 1.63MAED 1,632,500 · Mar 2024March 2024 |
2316, Prive by Damac Tower B in numbers
- Sold once: by Namaa Properties Development on 7 April 2016 for AED 930,300, or AED 2,156 per sqft.
- Rented since May 2021 on 6 Ejari contracts, from AED 44,000 to AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2016 price is 5.9%.
- 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 9 October 2026.
Questions about 2316, Prive by Damac Tower B
What did unit 2316 last sell for?
AED 930,300 on 7 April 2016, sold by the developer: AED 2,156 per sqft for 431 sqft. It is the only registered sale of the unit.
What is the rent for unit 2316?
AED 55,000 a year on the contract signed on 9 October 2026. The previous contract, from September 2025, was AED 72,000; the unit has been rented since May 2021.
How big is unit 2316?
431 sqft (40.0 sqm): a studio on the 23rd floor of a 32-storey tower completed in 2019.
What is unit 2316 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 2316, Prive by Damac Tower B
Starts from the last sale price (AED 930K, 7 April 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 930,300
- Deposit, UAE resident (20%)
- AED 186,060
- Deposit, non-resident (40%)
- AED 372,120
- Monthly over 25 years at 3.7%
- AED 3,806
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →