Studio · 401 sqftPrive by Damac Tower B, Business Bay · 26th floor · completed 2019

2602, Prive by Damac Tower B

Sold prices and rental history: sold once, by the developer in April 2016, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2602 · DLD and Ejari recordsUpdated 3 March 2025
Last soldAED 940K14 April 2016
Current rentAED 70K /yr3 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2602, Prive by Damac Tower B

What is 2602 worth today?

Last sold for AED 939,976 in 2016

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3 Mar 2025RentedNew contract
AED 70,000/yr12 months · AED 176 per sqft
3 Mar 2025RentedNew contract
AED 70,000/yr12 months · AED 176 per sqft
17 Sep 2024RentedRenewal
AED 65,000/yr12 months · AED 163 per sqft
17 Sep 2023RentedNew contract
AED 65,000/yr12 months · AED 163 per sqft
14 Apr 2016Sold by developerOff-plan
AED 939,976AED 2,346 per sqft

Source: Dubai Land Department. Updated 3 March 2025.

Key facts

Type
Studio apartment
Size
401 sqft
Floor
26th of 32
Parking
P3-164
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 940K · April 2016

About 2602, Prive by Damac Tower B

2602 is a studio of 401 sqft on the 26th 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 14 April 2016 for AED 939,976, or AED 2,346 per sqft, in line with the AED 2,296 studios in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 3 March 2025, is AED 70,000 a year: a gross yield of 7.4% on the 2016 price.

Sales and rents for 2602 over time

Sales
Unit 2602, 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, April 2016: AED 939,976 (AED 2,346 per sqft)

2602 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2602, 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, September 2023: AED 65,000 a yearRenewal, September 2024: AED 65,000 a yearNew contract, March 2025: AED 70,000 a yearNew contract, March 2025: AED 70,000 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 2602 sits

All 401 studios →

2602 last sold in April 2016 at AED 2,346 per sqft, in line with what studios in Prive by Damac Tower B were fetching at the time (AED 2,296). 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. 2602's AED 70,000 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 26th floor

All 526 units in Prive by Damac Tower B
Value
2601StudioAED 837K · Nov 2021
2603StudioAED 1M · Apr 2024
2604StudioAED 733K · Nov 2021
2605StudioAED 962K · Apr 2016
2606StudioAED 1.1M · Mar 2024
2607StudioAED 1.09M · Feb 2025
26082-bedAED 2.1M · Jul 2025
1–7 of 18

2602, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 14 April 2016 for AED 939,976, or AED 2,346 per sqft.
  • Rented since September 2023 on 4 Ejari contracts, from AED 65,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2016 price is 7.4%.
  • 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 3 March 2025.

Questions about 2602, Prive by Damac Tower B

What did unit 2602 last sell for?

AED 939,976 on 14 April 2016, sold by the developer: AED 2,346 per sqft for 401 sqft. It is the only registered sale of the unit.

What is the rent for unit 2602?

AED 70,000 a year on the contract signed on 3 March 2025. The previous contract, from March 2025, was AED 70,000; the unit has been rented since September 2023.

How big is unit 2602?

401 sqft (37.3 sqm): a studio on the 26th floor of a 32-storey tower completed in 2019.

What is unit 2602 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 2602, Prive by Damac Tower B

Starts from the last sale price (AED 940K, 14 April 2016). Switch to today's estimate once you have unlocked it.
Price
AED 939,976
Deposit, UAE resident (20%)
AED 187,995
Deposit, non-resident (40%)
AED 375,990
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 →