Studio · 471 sqftPrive by Damac Tower B, Business Bay · 27th floor · completed 2019

2706, Prive by Damac Tower B

Sold prices and rental history: sold twice, last in September 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2706 · DLD and Ejari recordsUpdated 4 September 2026
Last soldAED 1.1M12 September 2024
Current rentAED 54K /yr4 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2706, Prive by Damac Tower B

What is 2706 worth today?

Last sold for AED 1,100,000 in 2024

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4 Sep 2026RentedNew contract
AED 54,396/yr12 months · AED 115 per sqft
27 Nov 2025RentedNew contract
AED 80,000/yr12 months · AED 169 per sqft
29 Jan 2025RentedNew contract
AED 90,000/yr12 months · AED 191 per sqft
29 Jan 2025RentedNew contract
AED 90,000/yr12 months · AED 191 per sqft
12 Sep 2024SoldReady
AED 1,100,000AED 2,333 per sqft
20 Nov 2023RentedNew contract
AED 72,000/yr12 months · AED 152 per sqft
1 Dec 2021RentedNew contract
AED 65,000/yr12 months · AED 138 per sqft
25 May 2016Sold by developerOff-plan
AED 996,000AED 2,113 per sqft

Source: Dubai Land Department. Updated 4 September 2026.

Key facts

Type
Studio hotel apartment
Size
471 sqft
Floor
27th of 32
Parking
P3-182
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.1M · September 2024

About 2706, Prive by Damac Tower B

2706 is a studio of 471 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. It last sold on 12 September 2024 for AED 1,100,000, or AED 2,333 per sqft, in line with the AED 2,370 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 4 September 2026, is AED 54,396 a year: a gross yield of 5.0% on the 2024 price.

Sales and rents for 2706 over time

Sales
Unit 2706, 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, May 2016: AED 996,000 (AED 2,113 per sqft)Sold, September 2024: AED 1,100,000 (AED 2,333 per sqft)

2706 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2706, each contractTypical studio in Prive by Damac Tower B
50K75K2020202220242026Typical 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, December 2021: AED 65,000 a yearNew contract, November 2023: AED 72,000 a yearNew contract, January 2025: AED 90,000 a yearNew contract, January 2025: AED 90,000 a yearNew contract, November 2025: AED 80,000 a yearNew contract, September 2026: AED 54,396 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 2706 sits

All 401 studios →

2706 last sold in September 2024 at AED 2,333 per sqft, in line with what studios in Prive by Damac Tower B were fetching at the time (AED 2,370). 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. 2706's AED 54,396 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
2704StudioAED 735K · Jul 2022
2705StudioAED 1.03M · Dec 2024
2707StudioAED 1.1M · Jan 2026
27082-bedAED 2.48M · Sep 2025
1–7 of 18

2706, Prive by Damac Tower B in numbers

  • Sold twice: first on 25 May 2016 for AED 996,000, last on 12 September 2024 for AED 1,100,000 (AED 2,333 per sqft).
  • Rented since December 2021 on 6 Ejari contracts, from AED 65,000 to AED 54,396 a year.
  • At AED 54,396 a year the gross yield on the 2024 price is 5.0%.
  • 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 4 September 2026.

Questions about 2706, Prive by Damac Tower B

What did unit 2706 last sell for?

AED 1,100,000 on 12 September 2024: AED 2,333 per sqft for 471 sqft. The unit has 2 registered sales; the first was AED 996,000 in May 2016.

What is the rent for unit 2706?

AED 54,396 a year on the contract signed on 4 September 2026. The previous contract, from November 2025, was AED 80,000; the unit has been rented since December 2021.

How big is unit 2706?

471 sqft (43.8 sqm): a studio on the 27th floor of a 32-storey tower completed in 2019.

What is unit 2706 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 2706, Prive by Damac Tower B

Starts from the last sale price (AED 1.1M, 12 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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