Studio · 397 sqftPrive by Damac Tower B, Business Bay · 25th floor · completed 2019

2503, Prive by Damac Tower B

Sold prices and rental history: sold once, by the developer in December 2016, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2503 · DLD and Ejari recordsUpdated 1 November 2025
Last soldAED 940K6 December 2016
Current rentAED 80K /yr1 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2503, Prive by Damac Tower B

What is 2503 worth today?

Last sold for AED 940,000 in 2016

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1 Nov 2025RentedNew contract
AED 80,216/yr12 months · AED 201 per sqft
16 Oct 2024RentedNew contract
AED 76,000/yr12 months · AED 191 per sqft
19 Aug 2023RentedRenewal
AED 72,000/yr12 months · AED 186 per sqft
19 Aug 2022RentedNew contract
AED 67,000/yr12 months · AED 168 per sqft
6 Dec 2016Sold by developerOff-plan
AED 940,000AED 2,367 per sqft

Source: Dubai Land Department. Updated 1 November 2025.

Key facts

Type
Studio apartment
Size
397 sqft
Floor
25th of 32
Parking
P3-151
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 940K · December 2016

About 2503, Prive by Damac Tower B

2503 is a studio of 397 sqft on the 25th 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 6 December 2016 for AED 940,000, or AED 2,367 per sqft, 4% above the AED 2,284 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 1 November 2025, is AED 80,216 a year: a gross yield of 8.5% on the 2016 price.

Sales and rents for 2503 over time

Sales
Unit 2503, 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, December 2016: AED 940,000 (AED 2,367 per sqft)

2503 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2503, 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, August 2022: AED 67,000 a yearRenewal, August 2023: AED 72,000 a yearNew contract, October 2024: AED 76,000 a yearNew contract, November 2025: AED 80,216 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 2503 sits

All 401 studios →

2503 last sold in December 2016 at AED 2,367 per sqft, 4% above what studios in Prive by Damac Tower B were fetching at the time (AED 2,284). 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. 2503's AED 80,216 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 25th floor

All 526 units in Prive by Damac Tower B
Value
25011-bedAED 1.63M · Mar 2020
2502StudioAED 708K · Mar 2020
2504StudioAED 823K · Apr 2016
2505StudioAED 962K · Apr 2016
2506StudioAED 950K · Jun 2023
2507StudioAED 1.19M · Apr 2024
25082-bedAED 2.46M · Mar 2020
1–7 of 16

2503, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 6 December 2016 for AED 940,000, or AED 2,367 per sqft.
  • Rented since August 2022 on 4 Ejari contracts, from AED 67,000 to AED 80,216 a year.
  • At AED 80,216 a year the gross yield on the 2016 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 1 November 2025.

Questions about 2503, Prive by Damac Tower B

What did unit 2503 last sell for?

AED 940,000 on 6 December 2016, sold by the developer: AED 2,367 per sqft for 397 sqft. It is the only registered sale of the unit.

What is the rent for unit 2503?

AED 80,216 a year on the contract signed on 1 November 2025. The previous contract, from October 2024, was AED 76,000; the unit has been rented since August 2022.

How big is unit 2503?

397 sqft (36.9 sqm): a studio on the 25th floor of a 32-storey tower completed in 2019.

What is unit 2503 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 2503, Prive by Damac Tower B

Starts from the last sale price (AED 940K, 6 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 940,000
Deposit, UAE resident (20%)
AED 188,000
Deposit, non-resident (40%)
AED 376,000
Monthly over 25 years at 3.7%
AED 3,846

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