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Studio · 402 sqftPrive by Damac Tower B, Business Bay · 25th floor · completed 2019

2515, Prive by Damac Tower B

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

Unit 2515 · DLD and Ejari recordsUpdated 25 September 2023
Last soldAED 830K25 September 2023
Current rentAED 132K /yr25 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2515, Prive by Damac Tower B

What is 2515 worth today?

Last sold for AED 830,000 in 2023

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25 Sep 2023SoldReady
AED 830,000AED 2,067 per sqft
25 Oct 2022RentedNew contract
AED 132,000/yr12 months · AED 331 per sqft
15 Sep 2021RentedNew contract
AED 50,000/yr12 months · AED 125 per sqft
6 Dec 2016Sold by developerOff-plan
AED 945,000AED 2,353 per sqft

Source: Dubai Land Department. Updated 25 September 2023.

Key facts

Type
Studio apartment
Size
402 sqft
Floor
25th of 32
Parking
nan
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 830K · September 2023
Building
Prive by Damac Tower B

About 2515, Prive by Damac Tower B

2515 is a studio of 402 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. It last sold on 25 September 2023 for AED 830,000, or AED 2,067 per sqft, in line with the AED 2,045 studios in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 25 October 2022, is AED 132,000 a year: a gross yield of 15.9% on the 2023 price.

Sales and rents for 2515 over time

Sales
Unit 2515, 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 945,000 (AED 2,353 per sqft)Sold, September 2023: AED 830,000 (AED 2,067 per sqft)

2515 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2515, each contractTypical studio in Prive by Damac Tower B
50K100K2020202220242026Typical 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, September 2021: AED 50,000 a yearNew contract, October 2022: AED 132,000 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 2515 sits

All 401 studios →

2515 last sold in September 2023 at AED 2,067 per sqft, in line with what studios in Prive by Damac Tower B were fetching at the time (AED 2,045). 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. 2515's AED 132,000 is at the top 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
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

2515, Prive by Damac Tower B in numbers

  • Sold twice: first on 6 December 2016 for AED 945,000, last on 25 September 2023 for AED 830,000 (AED 2,067 per sqft).
  • Rented since September 2021 on 2 Ejari contracts, from AED 50,000 to AED 132,000 a year.
  • At AED 132,000 a year the gross yield on the 2023 price is 15.9%.
  • 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 25 September 2023.

Questions about 2515, Prive by Damac Tower B

What did unit 2515 last sell for?

AED 830,000 on 25 September 2023: AED 2,067 per sqft for 402 sqft. The unit has 2 registered sales; the first was AED 945,000 in December 2016.

What is the rent for unit 2515?

AED 132,000 a year on the contract signed on 25 October 2022. The previous contract, from September 2021, was AED 50,000.

How big is unit 2515?

402 sqft (37.3 sqm): a studio on the 25th floor of a 32-storey tower completed in 2019.

What is unit 2515 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 2515, Prive by Damac Tower B

Starts from the last sale price (AED 830K, 25 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 830,000
Deposit, UAE resident (20%)
AED 166,000
Deposit, non-resident (40%)
AED 332,000
Monthly over 25 years at 3.7%
AED 3,396

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