2-bed · 1,398 sqftPrive by Damac Tower B, Business Bay · 29th floor · completed 2019

2906, Prive by Damac Tower B

Sold prices and rental history: sold once, by the developer in October 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2906 · DLD and Ejari recordsUpdated 25 November 2023
Last soldAED 2.99M1 October 2018
Current rentAED 105K /yr25 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2906, Prive by Damac Tower B

What is 2906 worth today?

Last sold for AED 2,993,000 in 2018

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25 Nov 2023RentedRenewal
AED 105,000/yr12 months · AED 75 per sqft
25 Nov 2022RentedRenewal
AED 105,000/yr12 months · AED 75 per sqft
25 Nov 2021RentedRenewal
AED 105,000/yr12 months · AED 75 per sqft
25 Nov 2020RentedNew contract
AED 105,000/yr12 months · AED 75 per sqft
1 Oct 2018Sold by developerOff-plan
AED 2,993,000AED 2,140 per sqft

Source: Dubai Land Department. Updated 25 November 2023.

Key facts

Type
2-bed apartment
Size
1,398 sqft
Floor
29th of 32
Parking
P1-92, P1-92A
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 2.99M · October 2018

About 2906, Prive by Damac Tower B

2906 is a two-bedroom apartment of 1,398 sqft on the 29th 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 1 October 2018 for AED 2,993,000, or AED 2,140 per sqft, in line with the AED 2,140 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 25 November 2023, is AED 105,000 a year: a gross yield of 3.5% on the 2018 price.

Sales and rents for 2906 over time

Sales
Unit 2906, each saleTypical two-bed in Prive by Damac Tower B
2M3M2014201820222026Typical sale price by year: 2014 AED 3,513,600; 2017 AED 3,161,000; 2018 AED 2,752,410; 2019 AED 2,966,000; 2020 AED 2,487,000; 2021 AED 2,554,000; 2022 AED 2,172,075; 2023 AED 2,695,000; 2024 AED 2,685,120; 2025 AED 2,480,000; 2026 AED 2,500,000Sold by developer, October 2018: AED 2,993,000 (AED 2,140 per sqft)

2906 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2906, each contractTypical two-bed in Prive by Damac Tower B
100K150K2020202220242026Typical rent by year: 2020 AED 106,000; 2021 AED 102,500; 2022 AED 130,000; 2023 AED 145,000; 2024 AED 160,000; 2025 AED 160,000; 2026 AED 150,000New contract, November 2020: AED 105,000 a yearRenewal, November 2021: AED 105,000 a yearRenewal, November 2022: AED 105,000 a yearRenewal, November 2023: AED 105,000 a year

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

2-beds in Prive by Damac Tower B, and where 2906 sits

All 37 2-beds →

2906 last sold in October 2018 at AED 2,140 per sqft, in line with what two-beds in Prive by Damac Tower B were fetching at the time (AED 2,140). Over the last 12 months two-beds sold for AED 2,200,000 to 2,750,000, around AED 1,665 per sqft, and rent for AED 125,000 to 220,000 a year. 2906's AED 105,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 May 20262,300,000
20 Apr 20262,200,000
25 Feb 20262,750,000
19 Feb 20262,500,000
5 2-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 29th floor

All 526 units in Prive by Damac Tower B
Value
2901StudioAED 1.08M · Jun 2025
29021-bedAED 1.71M · Apr 2018
29031-bedAED 1.83M · Apr 2018
29041-bedAED 2.24M · Feb 2024
29052-bedAED 3.27M · Jul 2023
29071-bedAED 1.59M · Nov 2020
29081-bedAED 1.74M · Oct 2018
1–7 of 11

2906, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 1 October 2018 for AED 2,993,000, or AED 2,140 per sqft.
  • Rented since November 2020 on 4 Ejari contracts, at AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2018 price is 3.5%.
  • Two-beds in Prive by Damac Tower B sold for AED 2,200,000–2,750,000 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 25 November 2023.

Questions about 2906, Prive by Damac Tower B

What did unit 2906 last sell for?

AED 2,993,000 on 1 October 2018, sold by the developer: AED 2,140 per sqft for 1,398 sqft. It is the only registered sale of the unit.

What is the rent for unit 2906?

AED 105,000 a year on the contract renewed on 25 November 2023. The previous contract, from November 2022, was AED 105,000; the unit has been rented since November 2020.

How big is unit 2906?

1,398 sqft (129.9 sqm): a two-bedroom apartment on the 29th floor of a 32-storey tower completed in 2019.

What is unit 2906 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Prive by Damac Tower B sold for AED 2,200,000 to 2,750,000 in the last 12 months, around AED 1,665 per sqft.

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Mortgage on 2906, Prive by Damac Tower B

Starts from the last sale price (AED 2.99M, 1 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,993,000
Deposit, UAE resident (20%)
AED 598,600
Deposit, non-resident (40%)
AED 1,197,200
Monthly over 25 years at 3.7%
AED 12,245

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