Studio · 373 sqftPrive by Damac Tower B, Business Bay · 27th floor · completed 2019

2704, Prive by Damac Tower B

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

Unit 2704 · DLD and Ejari recordsUpdated 15 April 2026
Last soldAED 735K24 July 2022
Current rentAED 80K /yr15 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2704, Prive by Damac Tower B

What is 2704 worth today?

Last sold for AED 735,000 in 2022

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15 Apr 2026RentedRenewal
AED 79,716/yr10 months · AED 212 per sqft
15 Apr 2025RentedNew contract
AED 70,000/yr12 months · AED 186 per sqft
16 Nov 2024RentedNew contract
AED 73,000/yr12 months · AED 194 per sqft
17 Oct 2023RentedNew contract
AED 70,000/yr12 months · AED 188 per sqft
25 Sep 2022RentedNew contract
AED 60,000/yr12 months · AED 159 per sqft
24 Jul 2022Sold by developerReady
AED 735,000AED 1,972 per sqft

Source: Dubai Land Department. Updated 15 April 2026.

Key facts

Type
Studio apartment
Size
373 sqft
Floor
27th of 32
Parking
P3-180
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 735K · July 2022

About 2704, Prive by Damac Tower B

2704 is a studio of 373 sqft on the 27th 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 24 July 2022 for AED 735,000, or AED 1,972 per sqft, 8% above the AED 1,828 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 15 April 2026, is AED 79,716 a year: a gross yield of 10.8% on the 2022 price.

Sales and rents for 2704 over time

Sales
Unit 2704, 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 2022: AED 735,000 (AED 1,972 per sqft)

2704 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2704, 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 2022: AED 60,000 a yearNew contract, October 2023: AED 70,000 a yearNew contract, November 2024: AED 73,000 a yearNew contract, April 2025: AED 70,000 a yearRenewal, April 2026: AED 79,716 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 2704 sits

All 401 studios →

2704 last sold in July 2022 at AED 1,972 per sqft, 8% above what studios in Prive by Damac Tower B were fetching at the time (AED 1,828). 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. 2704's AED 79,716 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 27th floor

All 526 units in Prive by Damac Tower B
Value
2701StudioAED 858K · Mar 2022
2702StudioAED 990K · Dec 2025
2703StudioAED 1.03M · Oct 2024
2705StudioAED 1.03M · Dec 2024
2706StudioAED 1.1M · Sep 2024
2707StudioAED 1.1M · Jan 2026
27082-bedAED 2.48M · Sep 2025
1–7 of 18

2704, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 24 July 2022 for AED 735,000, or AED 1,972 per sqft.
  • Rented since September 2022 on 5 Ejari contracts, from AED 60,000 to AED 79,716 a year.
  • At AED 79,716 a year the gross yield on the 2022 price is 10.8%.
  • 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 15 April 2026.

Questions about 2704, Prive by Damac Tower B

What did unit 2704 last sell for?

AED 735,000 on 24 July 2022, sold by the developer: AED 1,972 per sqft for 373 sqft. It is the only registered sale of the unit.

What is the rent for unit 2704?

AED 79,716 a year on the contract renewed on 15 April 2026. The previous contract, from April 2025, was AED 70,000; the unit has been rented since September 2022.

How big is unit 2704?

373 sqft (34.7 sqm): a studio on the 27th floor of a 32-storey tower completed in 2019.

What is unit 2704 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 2704, Prive by Damac Tower B

Starts from the last sale price (AED 735K, 24 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 735,000
Deposit, UAE resident (20%)
AED 147,000
Deposit, non-resident (40%)
AED 294,000
Monthly over 25 years at 3.7%
AED 3,007

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