2-bed · 1,409 sqftPrive by Damac Tower B, Business Bay · 25th floor · completed 2019

2508, Prive by Damac Tower B

Sold prices and rental history: sold once, by the developer in March 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2508 · DLD and Ejari recordsUpdated 23 March 2020
Last soldAED 2.46M23 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2508, Prive by Damac Tower B

What is 2508 worth today?

Last sold for AED 2,460,000 in 2020

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23 Mar 2020Sold by developerReady
AED 2,460,000AED 1,746 per sqft

Source: Dubai Land Department. Updated 23 March 2020.

Key facts

Type
2-bed apartment
Size
1,409 sqft
Floor
25th of 32
Parking
P3-201, P3-201A
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 2.46M · March 2020

About 2508, Prive by Damac Tower B

2508 is a two-bedroom apartment of 1,409 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 23 March 2020 for AED 2,460,000, or AED 1,746 per sqft, 17% below the AED 2,108 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2508 over time

Sales
Unit 2508, each saleTypical two-bed in Prive by Damac Tower B
2M3M2014201820222026Typical sale price by year: 2014 AED 3,513,600; 2017 AED 3,161,000; 2018 AED 2,752,410; 2019 AED 2,966,000; 2020 AED 2,487,000; 2021 AED 2,554,000; 2022 AED 2,172,075; 2023 AED 2,695,000; 2024 AED 2,685,120; 2025 AED 2,480,000; 2026 AED 2,500,000Sold by developer, March 2020: AED 2,460,000 (AED 1,746 per sqft)

2508 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2508, each contractTypical two-bed in Prive by Damac Tower B
100K150K2020202220242026Typical rent by year: 2020 AED 106,000; 2021 AED 102,500; 2022 AED 130,000; 2023 AED 145,000; 2024 AED 160,000; 2025 AED 160,000; 2026 AED 150,000

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

2-beds in Prive by Damac Tower B, and where 2508 sits

All 37 2-beds →

2508 last sold in March 2020 at AED 1,746 per sqft, 17% below what two-beds in Prive by Damac Tower B were fetching at the time (AED 2,108). Over the last 12 months two-beds sold for AED 2,200,000 to 2,750,000, around AED 1,665 per sqft, and rent for AED 125,000 to 220,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
11 May 20262,300,000
20 Apr 20262,200,000
25 Feb 20262,750,000
19 Feb 20262,500,000
5 2-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 25th floor

All 526 units in Prive by Damac Tower B
Value
25011-bedAED 1.63M · Mar 2020
2502StudioAED 708K · Mar 2020
2503StudioAED 940K · Dec 2016
2504StudioAED 823K · Apr 2016
2505StudioAED 962K · Apr 2016
2506StudioAED 950K · Jun 2023
2507StudioAED 1.19M · Apr 2024
1–7 of 16

2508, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 23 March 2020 for AED 2,460,000, or AED 1,746 per sqft.
  • Two-beds in Prive by Damac Tower B sold for AED 2,200,000–2,750,000 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 23 March 2020.

Questions about 2508, Prive by Damac Tower B

What did unit 2508 last sell for?

AED 2,460,000 on 23 March 2020, sold by the developer: AED 1,746 per sqft for 1,409 sqft. It is the only registered sale of the unit.

How big is unit 2508?

1,409 sqft (130.9 sqm): a two-bedroom apartment on the 25th floor of a 32-storey tower completed in 2019.

What is unit 2508 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Prive by Damac Tower B sold for AED 2,200,000 to 2,750,000 in the last 12 months, around AED 1,665 per sqft.

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Mortgage on 2508, Prive by Damac Tower B

Starts from the last sale price (AED 2.46M, 23 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,460,000
Deposit, UAE resident (20%)
AED 492,000
Deposit, non-resident (40%)
AED 984,000
Monthly over 25 years at 3.7%
AED 10,065

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