Studio · 402 sqftPrive by Damac Tower B, Business Bay · 26th floor · completed 2019

2615, Prive by Damac Tower B

Sold prices and rental history: sold once, by the developer in July 2016, and rented once, from January 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2615 · DLD and Ejari recordsUpdated 6 January 2021
Last soldAED 906K10 July 2016
Current rentAED 50K /yr6 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2615, Prive by Damac Tower B

What is 2615 worth today?

Last sold for AED 906,180 in 2016

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6 Jan 2021RentedNew contract
AED 50,000/yr12 months · AED 124 per sqft
10 Jul 2016Sold by developerOff-plan
AED 906,180AED 2,254 per sqft

Source: Dubai Land Department. Updated 6 January 2021.

Key facts

Type
Studio apartment
Size
402 sqft
Floor
26th of 32
Parking
P3-176
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 906K · July 2016

About 2615, Prive by Damac Tower B

2615 is a studio of 402 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 10 July 2016 for AED 906,180, or AED 2,254 per sqft, in line with the AED 2,260 studios in the building were fetching at the time.

One Ejari contract is registered, from 6 January 2021. The current contract, signed on 6 January 2021, is AED 50,000 a year: a gross yield of 5.5% on the 2016 price.

Sales and rents for 2615 over time

Sales
Unit 2615, 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, July 2016: AED 906,180 (AED 2,254 per sqft)

2615 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2615, 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, January 2021: AED 50,000 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 2615 sits

All 401 studios →

2615 last sold in July 2016 at AED 2,254 per sqft, in line with what studios in Prive by Damac Tower B were fetching at the time (AED 2,260). 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. 2615's AED 50,000 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
2602StudioAED 940K · Apr 2016
2603StudioAED 1M · Apr 2024
2604StudioAED 733K · Nov 2021
2605StudioAED 962K · Apr 2016
2606StudioAED 1.1M · Mar 2024
2607StudioAED 1.09M · Feb 2025
1–7 of 18

2615, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 10 July 2016 for AED 906,180, or AED 2,254 per sqft.
  • Rented since January 2021 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2016 price is 5.5%.
  • 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 6 January 2021.

Questions about 2615, Prive by Damac Tower B

What did unit 2615 last sell for?

AED 906,180 on 10 July 2016, sold by the developer: AED 2,254 per sqft for 402 sqft. It is the only registered sale of the unit.

What is the rent for unit 2615?

AED 50,000 a year on the contract signed on 6 January 2021.

How big is unit 2615?

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

What is unit 2615 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 2615, Prive by Damac Tower B

Starts from the last sale price (AED 906K, 10 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 906,180
Deposit, UAE resident (20%)
AED 181,236
Deposit, non-resident (40%)
AED 362,472
Monthly over 25 years at 3.7%
AED 3,707

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