1-bed · 959 sqftPrive by Damac Tower B, Business Bay · 30th floor · completed 2019

3007, Prive by Damac Tower B

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

Unit 3007 · DLD and Ejari recordsUpdated 24 January 2025
Last soldAED 2.14M8 August 2018
Current rentAED 90K /yr24 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3007, Prive by Damac Tower B

What is 3007 worth today?

Last sold for AED 2,142,000 in 2018

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24 Jan 2025RentedRenewal
AED 90,000/yr12 months · AED 94 per sqft
24 Jan 2025RentedRenewal
AED 90,000/yr12 months · AED 94 per sqft
15 Apr 2024RentedNew contract
AED 90,000/yr12 months · AED 94 per sqft
24 Jan 2022RentedRenewal
AED 82,000/yr12 months · AED 86 per sqft
24 Jan 2021RentedNew contract
AED 82,000/yr12 months · AED 86 per sqft
8 Aug 2018Sold by developerOff-plan
AED 2,142,000AED 2,233 per sqft

Source: Dubai Land Department. Updated 24 January 2025.

Key facts

Type
1-bed apartment
Size
959 sqft
Floor
30th of 32
Parking
P3-213
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 2.14M · August 2018

About 3007, Prive by Damac Tower B

3007 is a one-bedroom apartment of 959 sqft on the 30th 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 8 August 2018 for AED 2,142,000, or AED 2,233 per sqft, in line with the AED 2,225 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 24 January 2025, is AED 90,000 a year: a gross yield of 4.2% on the 2018 price.

Sales and rents for 3007 over time

Sales
Unit 3007, 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, August 2018: AED 2,142,000 (AED 2,233 per sqft)

3007 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3007, 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, January 2021: AED 82,000 a yearRenewal, January 2022: AED 82,000 a yearNew contract, April 2024: AED 90,000 a yearRenewal, January 2025: AED 90,000 a yearRenewal, January 2025: AED 90,000 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 3007 sits

All 88 1-beds →

3007 last sold in August 2018 at AED 2,233 per sqft, in line with what one-beds in Prive by Damac Tower B were fetching at the time (AED 2,225). 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. 3007's AED 90,000 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 30th floor

All 526 units in Prive by Damac Tower B
Value
3001StudioAED 720K · Mar 2019
30021-bedAED 1.82M · Sep 2018
30031-bedAED 1.71M · Mar 2018
30041-bedAED 2.14M · Aug 2018
30052-bedAED 3.03M · Jan 2019
30062-bedAED 2.84M · Jan 2025
30081-bedAED 1.88M · Nov 2017
1–7 of 11

3007, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 8 August 2018 for AED 2,142,000, or AED 2,233 per sqft.
  • Rented since January 2021 on 5 Ejari contracts, from AED 82,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2018 price is 4.2%.
  • 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 24 January 2025.

Questions about 3007, Prive by Damac Tower B

What did unit 3007 last sell for?

AED 2,142,000 on 8 August 2018, sold by the developer: AED 2,233 per sqft for 959 sqft. It is the only registered sale of the unit.

What is the rent for unit 3007?

AED 90,000 a year on the contract renewed on 24 January 2025. The previous contract, from January 2025, was AED 90,000; the unit has been rented since January 2021.

How big is unit 3007?

959 sqft (89.1 sqm): a one-bedroom apartment on the 30th floor of a 32-storey tower completed in 2019.

What is unit 3007 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 3007, Prive by Damac Tower B

Starts from the last sale price (AED 2.14M, 8 August 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,142,000
Deposit, UAE resident (20%)
AED 428,400
Deposit, non-resident (40%)
AED 856,800
Monthly over 25 years at 3.7%
AED 8,764

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