Studio · 489 sqftPrive by Damac Tower B, Business Bay · 3rd floor · completed 2019

311, Prive by Damac Tower B

Sold prices and rental history: sold once, by the developer in March 2014, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 15 August 2026
Last soldAED 1.14M12 March 2014
Current rentAED 70K /yr15 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Prive by Damac Tower B

What is 311 worth today?

Last sold for AED 1,139,006 in 2014

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15 Aug 2026RentedRenewal
AED 70,000/yr12 months · AED 143 per sqft
15 Aug 2025RentedRenewal
AED 70,000/yr12 months · AED 143 per sqft
15 Aug 2024RentedNew contract
AED 70,000/yr12 months · AED 143 per sqft
15 Aug 2023RentedNew contract
AED 68,000/yr12 months · AED 140 per sqft
12 May 2022RentedNew contract
AED 60,000/yr12 months · AED 124 per sqft
14 Feb 2021RentedNew contract
AED 47,000/yr12 months · AED 97 per sqft
12 Mar 2014Sold by developerOff-plan
AED 1,139,006AED 2,329 per sqft

Source: Dubai Land Department. Updated 15 August 2026.

Key facts

Type
Studio apartment
Size
489 sqft
Floor
3rd of 32
Parking
P2-04
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.14M · March 2014

About 311, Prive by Damac Tower B

311 is a studio of 489 sqft on the 3rd 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 12 March 2014 for AED 1,139,006, or AED 2,329 per sqft, 11% below the AED 2,606 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 15 August 2026, is AED 70,000 a year: a gross yield of 6.2% on the 2014 price.

Sales and rents for 311 over time

Sales
Unit 311, 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, March 2014: AED 1,139,006 (AED 2,329 per sqft)

311 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 311, each contractTypical studio in Prive by Damac Tower B
40K60K80K2020202220242026Typical 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, February 2021: AED 47,000 a yearNew contract, May 2022: AED 60,000 a yearNew contract, August 2023: AED 68,000 a yearNew contract, August 2024: AED 70,000 a yearRenewal, August 2025: AED 70,000 a yearRenewal, August 2026: AED 70,000 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 311 sits

All 401 studios →

311 last sold in March 2014 at AED 2,329 per sqft, 11% below what studios in Prive by Damac Tower B were fetching at the time (AED 2,606). 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. 311's AED 70,000 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 3rd floor

All 526 units in Prive by Damac Tower B
Value
3011-bedAED 1.25M · Dec 2020
302StudioAED 1M · Oct 2026
303StudioAED 936K · Jan 2024
304StudioAED 500K · Sep 2018
305StudioAED 1.12M · Mar 2014
306StudioAED 1.19M · Mar 2014
307StudioAED 970K · Sep 2023
1–7 of 16

311, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 12 March 2014 for AED 1,139,006, or AED 2,329 per sqft.
  • Rented since February 2021 on 6 Ejari contracts, from AED 47,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2014 price is 6.2%.
  • 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 15 August 2026.

Questions about 311, Prive by Damac Tower B

What did unit 311 last sell for?

AED 1,139,006 on 12 March 2014, sold by the developer: AED 2,329 per sqft for 489 sqft. It is the only registered sale of the unit.

What is the rent for unit 311?

AED 70,000 a year on the contract renewed on 15 August 2026. The previous contract, from August 2025, was AED 70,000; the unit has been rented since February 2021.

How big is unit 311?

489 sqft (45.4 sqm): a studio on the 3rd floor of a 32-storey tower completed in 2019.

What is unit 311 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 311, Prive by Damac Tower B

Starts from the last sale price (AED 1.14M, 12 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,139,006
Deposit, UAE resident (20%)
AED 227,801
Deposit, non-resident (40%)
AED 455,602
Monthly over 25 years at 3.7%
AED 4,660

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