1-bed · 820 sqftPrive by Damac Tower B, Business Bay · 29th floor · completed 2019

2909, Prive by Damac Tower B

Sold prices and rental history: sold once, by the developer in March 2018, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2909 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 1.78M22 March 2018
Current rentAED 115K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2909, Prive by Damac Tower B

What is 2909 worth today?

Last sold for AED 1,784,000 in 2018

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1 Sep 2024RentedNew contract
AED 115,000/yr12 months · AED 141 per sqft
3 Dec 2023RentedNew contract
AED 115,000/yr12 months · AED 141 per sqft
12 Jul 2022RentedNew contract
AED 85,000/yr12 months · AED 104 per sqft
2 Jun 2021RentedNew contract
AED 75,000/yr12 months · AED 92 per sqft
22 Mar 2018Sold by developerOff-plan
AED 1,784,000AED 2,175 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
1-bed apartment
Size
820 sqft
Floor
29th of 32
Parking
P3-208
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.78M · March 2018

About 2909, Prive by Damac Tower B

2909 is a one-bedroom apartment of 820 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 22 March 2018 for AED 1,784,000, or AED 2,175 per sqft, in line with the AED 2,175 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 1 September 2024, is AED 115,000 a year: a gross yield of 6.5% on the 2018 price.

Sales and rents for 2909 over time

Sales
Unit 2909, 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, March 2018: AED 1,784,000 (AED 2,175 per sqft)

2909 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2909, 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, June 2021: AED 75,000 a yearNew contract, July 2022: AED 85,000 a yearNew contract, December 2023: AED 115,000 a yearNew contract, September 2024: AED 115,000 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 2909 sits

All 88 1-beds →

2909 last sold in March 2018 at AED 2,175 per sqft, in line with what one-beds in Prive by Damac Tower B were fetching at the time (AED 2,175). 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. 2909's AED 115,000 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 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
29062-bedAED 2.99M · Oct 2018
29071-bedAED 1.59M · Nov 2020
1–7 of 11

2909, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 22 March 2018 for AED 1,784,000, or AED 2,175 per sqft.
  • Rented since June 2021 on 4 Ejari contracts, from AED 75,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2018 price is 6.5%.
  • 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 1 September 2024.

Questions about 2909, Prive by Damac Tower B

What did unit 2909 last sell for?

AED 1,784,000 on 22 March 2018, sold by the developer: AED 2,175 per sqft for 820 sqft. It is the only registered sale of the unit.

What is the rent for unit 2909?

AED 115,000 a year on the contract signed on 1 September 2024. The previous contract, from December 2023, was AED 115,000; the unit has been rented since June 2021.

How big is unit 2909?

820 sqft (76.2 sqm): a one-bedroom apartment on the 29th floor of a 32-storey tower completed in 2019.

What is unit 2909 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 2909, Prive by Damac Tower B

Starts from the last sale price (AED 1.78M, 22 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,784,000
Deposit, UAE resident (20%)
AED 356,800
Deposit, non-resident (40%)
AED 713,600
Monthly over 25 years at 3.7%
AED 7,299

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