Studio · 408 sqftPrive by Damac Tower B, Business Bay · 24th floor · completed 2019

2402, Prive by Damac Tower B

Sold prices and rental history: sold once, by the developer in March 2015, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2402 · DLD and Ejari recordsUpdated 1 November 2025
Last soldAED 1.24M12 March 2015
Current rentAED 75K /yr1 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2402, Prive by Damac Tower B

What is 2402 worth today?

Last sold for AED 1,243,200 in 2015

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1 Nov 2025RentedNew contract
AED 75,000/yr12 months · AED 184 per sqft
26 Jun 2025RentedNew contract
AED 70,000/yr12 months · AED 172 per sqft
17 May 2024RentedNew contract
AED 70,000/yr12 months · AED 172 per sqft
1 Mar 2023RentedRenewal
AED 49,600/yr12 months · AED 122 per sqft
1 Mar 2022RentedNew contract
AED 47,250/yr12 months · AED 116 per sqft
1 Mar 2021RentedNew contract
AED 45,000/yr12 months · AED 110 per sqft
12 Mar 2015Sold by developerOff-plan
AED 1,243,200AED 3,046 per sqft

Source: Dubai Land Department. Updated 1 November 2025.

Key facts

Type
Studio apartment
Size
408 sqft
Floor
24th of 32
Parking
P3-129
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.24M · March 2015

About 2402, Prive by Damac Tower B

2402 is a studio of 408 sqft on the 24th 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 12 March 2015 for AED 1,243,200, or AED 3,046 per sqft, 17% above the AED 2,598 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 1 November 2025, is AED 75,000 a year: a gross yield of 6.0% on the 2015 price.

Sales and rents for 2402 over time

Sales
Unit 2402, each saleTypical studio in Prive by Damac Tower B
500K1M2014201820222026Typical 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, March 2015: AED 1,243,200 (AED 3,046 per sqft)

2402 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2402, 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, March 2021: AED 45,000 a yearNew contract, March 2022: AED 47,250 a yearRenewal, March 2023: AED 49,600 a yearNew contract, May 2024: AED 70,000 a yearNew contract, June 2025: AED 70,000 a yearNew contract, November 2025: AED 75,000 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 2402 sits

All 401 studios →

2402 last sold in March 2015 at AED 3,046 per sqft, 17% above what studios in Prive by Damac Tower B were fetching at the time (AED 2,598). 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. 2402's AED 75,000 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 24th floor

All 526 units in Prive by Damac Tower B
Value
24011-bedAED 2.49M · Aug 2014
2403StudioAED 910K · Jun 2026
2404StudioAED 1M · Jan 2025
2405StudioAED 900K · Apr 2026
2406StudioAED 1.32M · Mar 2015
2407StudioAED 1.04M · Oct 2025
24082-bedAED 3.91M · Aug 2014
1–7 of 16

2402, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 12 March 2015 for AED 1,243,200, or AED 3,046 per sqft.
  • Rented since March 2021 on 6 Ejari contracts, from AED 45,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2015 price is 6.0%.
  • 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 1 November 2025.

Questions about 2402, Prive by Damac Tower B

What did unit 2402 last sell for?

AED 1,243,200 on 12 March 2015, sold by the developer: AED 3,046 per sqft for 408 sqft. It is the only registered sale of the unit.

What is the rent for unit 2402?

AED 75,000 a year on the contract signed on 1 November 2025. The previous contract, from June 2025, was AED 70,000; the unit has been rented since March 2021.

How big is unit 2402?

408 sqft (37.9 sqm): a studio on the 24th floor of a 32-storey tower completed in 2019.

What is unit 2402 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 2402, Prive by Damac Tower B

Starts from the last sale price (AED 1.24M, 12 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,243,200
Deposit, UAE resident (20%)
AED 248,640
Deposit, non-resident (40%)
AED 497,280
Monthly over 25 years at 3.7%
AED 5,086

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