1-bed · 964 sqftPrive by Damac Tower B, Business Bay · 28th floor · completed 2019

2804, Prive by Damac Tower B

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

Unit 2804 · DLD and Ejari recordsUpdated 20 December 2024
Last soldAED 1.72M16 December 2021
Current rentAED 110K /yr20 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2804, Prive by Damac Tower B

What is 2804 worth today?

Last sold for AED 1,715,980 in 2021

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20 Dec 2024RentedNew contract
AED 110,000/yr12 months · AED 114 per sqft
29 Oct 2023RentedNew contract
AED 115,000/yr12 months · AED 119 per sqft
16 Dec 2021Sold by developerReady
AED 1,715,980AED 1,779 per sqft

Source: Dubai Land Department. Updated 20 December 2024.

Key facts

Type
1-bed apartment
Size
964 sqft
Floor
28th of 32
Parking
P3-196
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.72M · December 2021

About 2804, Prive by Damac Tower B

2804 is a one-bedroom apartment of 964 sqft on the 28th 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 16 December 2021 for AED 1,715,980, or AED 1,779 per sqft, 18% above the AED 1,505 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 20 December 2024, is AED 110,000 a year: a gross yield of 6.4% on the 2021 price.

Sales and rents for 2804 over time

Sales
Unit 2804, each saleTypical one-bed in Prive by Damac Tower B
1.5M2M2.5M2014201820222026Typical sale price by year: 2014 AED 2,440,800; 2017 AED 1,992,000; 2018 AED 1,830,150; 2019 AED 2,113,000; 2020 AED 1,569,985; 2021 AED 1,470,425; 2022 AED 1,740,925; 2023 AED 1,700,000; 2024 AED 1,600,500; 2025 AED 1,600,000; 2026 AED 1,762,386Sold by developer, December 2021: AED 1,715,980 (AED 1,779 per sqft)

2804 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2804, each contractTypical one-bed in Prive by Damac Tower B
75K100K125K2020202220242026Typical rent by year: 2020 AED 75,500; 2021 AED 80,000; 2022 AED 90,000; 2023 AED 110,000; 2024 AED 115,000; 2025 AED 120,000; 2026 AED 100,000New contract, October 2023: AED 115,000 a yearNew contract, December 2024: AED 110,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Prive by Damac Tower B, and where 2804 sits

All 88 1-beds →

2804 last sold in December 2021 at AED 1,779 per sqft, 18% above what one-beds in Prive by Damac Tower B were fetching at the time (AED 1,505). Over the last 12 months one-beds sold for AED 1,700,000 to 2,280,000, around AED 1,986 per sqft, and rent for AED 80,000 to 168,000 a year. 2804's AED 110,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Sep 20261,824,772
17 Feb 20261,700,000
5 Feb 20261,700,000
27 Jan 20262,280,000
4 1-bed 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 28th floor

All 526 units in Prive by Damac Tower B
Value
28011-bedAED 1.75M · Mar 2021
28021-bedAED 1.14M · Jan 2021
28031-bedAED 1.1M · Nov 2020
28052-bedAED 2.8M · Nov 2025
28062-bedAED 2.73M · Apr 2022
28071-bedAED 2.25M · Nov 2023

2804, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 16 December 2021 for AED 1,715,980, or AED 1,779 per sqft.
  • Rented since October 2023 on 2 Ejari contracts, from AED 115,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2021 price is 6.4%.
  • One-beds in Prive by Damac Tower B sold for AED 1,700,000–2,280,000 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 20 December 2024.

Questions about 2804, Prive by Damac Tower B

What did unit 2804 last sell for?

AED 1,715,980 on 16 December 2021, sold by the developer: AED 1,779 per sqft for 964 sqft. It is the only registered sale of the unit.

What is the rent for unit 2804?

AED 110,000 a year on the contract signed on 20 December 2024. The previous contract, from October 2023, was AED 115,000.

How big is unit 2804?

964 sqft (89.6 sqm): a one-bedroom apartment on the 28th floor of a 32-storey tower completed in 2019.

What is unit 2804 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Prive by Damac Tower B sold for AED 1,700,000 to 2,280,000 in the last 12 months, around AED 1,986 per sqft.

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Mortgage on 2804, Prive by Damac Tower B

Starts from the last sale price (AED 1.72M, 16 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,715,980
Deposit, UAE resident (20%)
AED 343,196
Deposit, non-resident (40%)
AED 686,392
Monthly over 25 years at 3.7%
AED 7,021

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