316, Prive by Damac Tower B
Sold prices and rental history: sold once, by the developer in April 2014, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 316, Prive by Damac Tower B
What is 316 worth today?
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Source: Dubai Land Department. Updated 17 October 2025.
Key facts
- Type
- Studio apartment
- Size
- 419 sqft
- Floor
- 3rd of 32
- Parking
- P2-09
- Developer
- Namaa Properties Development
- Completed
- 2019
- Last sold
- AED 1.07M · April 2014
- Building
- Prive by Damac Tower B
About 316, Prive by Damac Tower B
316 is a studio of 419 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 7 April 2014 for AED 1,073,500, or AED 2,561 per sqft, in line with the AED 2,591 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 17 October 2025, is AED 75,000 a year: a gross yield of 7.0% on the 2014 price.
Sales and rents for 316 over time
316 has sold once; the dashed line is the studio median of each year in the building.
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 316 sits
All 401 studios →316 last sold in April 2014 at AED 2,561 per sqft, in line with what studios in Prive by Damac Tower B were fetching at the time (AED 2,591). 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. 316's AED 75,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 419 sqft | 920,000 | 2,195 | ||
| 19 Oct 202619 October 2026 | 396 sqft | 920,000 | 2,321 | ||
| 15 Oct 202615 October 2026 | 396 sqft | 888,000 | 2,241 | ||
| 14 Oct 202614 October 2026 | 401 sqft | 1,000,000 | 2,496 |
Prive by Damac Tower B
Building526 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%
Other units on the 3rd floor
All 526 units in Prive by Damac Tower B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 968 sqft | AED 1.25MAED 1,246,860 · Dec 2020December 2020 | 95,000 /yr | |
| 302 | Studio | 401 sqft | AED 1MAED 1,000,000 · Oct 2026October 2026 | ||
| 303 | Studio | 396 sqft | AED 936KAED 936,000 · Jan 2024January 2024 | ||
| 304 | Studio | 373 sqft | AED 500KAED 499,990 · Sep 2018September 2018 | 90,000 /yr | |
| 305 | Studio | 432 sqft | AED 1.12MAED 1,119,100 · Mar 2014March 2014 | 71,000 /yr | |
| 306 | Studio | 471 sqft | AED 1.19MAED 1,193,200 · Mar 2014March 2014 | 75,000 /yr | |
| 307 | Studio | 491 sqft | AED 970KAED 970,000 · Sep 2023September 2023 | 40,000 /yr | |
| 308 | 2-bed | 1,381 sqft | AED 2.3MAED 2,300,000 · May 2026May 2026 | 155,000 /yr | |
| 309 | 1-bed | 982 sqft | AED 1.82MAED 1,824,772 · Sep 2026September 2026 | 95,000 /yr | |
| 310 | Studio | 438 sqft | AED 1.13MAED 1,130,000 · Feb 2026February 2026 | ||
| 311 | Studio | 489 sqft | AED 1.14MAED 1,139,006 · Mar 2014March 2014 | 70,000 /yr | |
| 312 | Studio | 471 sqft | AED 837KAED 836,920 · Dec 2021December 2021 | 65,000 /yr | |
| 313 | Studio | 431 sqft | AED 1.12MAED 1,119,100 · Mar 2014March 2014 | 56,000 /yr | |
| 314 | Studio | 373 sqft | AED 968KAED 968,050 · Apr 2014April 2014 | 58,000 /yr | |
| 315 | Studio | 402 sqft | AED 850KAED 850,000 · Aug 2022August 2022 | ||
| 317 | 1-bed | 958 sqft | AED 1.62MAED 1,619,000 · Mar 2020March 2020 | 120,000 /yr |
316, Prive by Damac Tower B in numbers
- Sold once: by Namaa Properties Development on 7 April 2014 for AED 1,073,500, or AED 2,561 per sqft.
- Rented since December 2020 on 6 Ejari contracts, from AED 42,000 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2014 price is 7.0%.
- 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 17 October 2025.
Questions about 316, Prive by Damac Tower B
What did unit 316 last sell for?
AED 1,073,500 on 7 April 2014, sold by the developer: AED 2,561 per sqft for 419 sqft. It is the only registered sale of the unit.
What is the rent for unit 316?
AED 75,000 a year on the contract signed on 17 October 2025. The previous contract, from October 2024, was AED 75,000; the unit has been rented since December 2020.
How big is unit 316?
419 sqft (38.9 sqm): a studio on the 3rd floor of a 32-storey tower completed in 2019.
What is unit 316 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 316, Prive by Damac Tower B
Starts from the last sale price (AED 1.07M, 7 April 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,073,500
- Deposit, UAE resident (20%)
- AED 214,700
- Deposit, non-resident (40%)
- AED 429,400
- Monthly over 25 years at 3.7%
- AED 4,392
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →