1-bed · 801 sqftPrive by Damac Tower B, Business Bay · 32nd floor · completed 2019

3208, Prive by Damac Tower B

Sold prices and rental history: sold once, by the developer in March 2020, and rented once, from November 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3208 · DLD and Ejari recordsUpdated 3 November 2022
Last soldAED 1.42M23 March 2020
Current rentAED 108K /yr3 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3208, Prive by Damac Tower B

What is 3208 worth today?

Last sold for AED 1,421,000 in 2020

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3 Nov 2022RentedNew contract
AED 108,000/yr6 months · AED 135 per sqft
23 Mar 2020Sold by developerReady
AED 1,421,000AED 1,775 per sqft

Source: Dubai Land Department. Updated 3 November 2022.

Key facts

Type
1-bed apartment
Size
801 sqft
Floor
32nd of 32
Parking
nan
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.42M · March 2020

About 3208, Prive by Damac Tower B

3208 is a one-bedroom apartment of 801 sqft on the 32nd 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 23 March 2020 for AED 1,421,000, or AED 1,775 per sqft, in line with the AED 1,793 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 3 November 2022. The current contract, signed on 3 November 2022, is AED 108,000 a year: a gross yield of 7.6% on the 2020 price.

Sales and rents for 3208 over time

Sales
Unit 3208, 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 2020: AED 1,421,000 (AED 1,775 per sqft)

3208 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3208, 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, November 2022: AED 108,000 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 3208 sits

All 88 1-beds →

3208 last sold in March 2020 at AED 1,775 per sqft, in line with what one-beds in Prive by Damac Tower B were fetching at the time (AED 1,793). 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. 3208's AED 108,000 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 32nd floor

All 526 units in Prive by Damac Tower B
Value
3201StudioAED 1.06M · Jul 2025
32021-bedAED 1.2M · Jan 2021
32031-bedAED 1.18M · Feb 2021
32041-bedAED 1.83M · Mar 2022
32052-bedAED 2.49M · Mar 2020
32062-bedAED 2.49M · Sep 2021
32071-bedAED 1.86M · Nov 2021
1–7 of 11

3208, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 23 March 2020 for AED 1,421,000, or AED 1,775 per sqft.
  • Rented since November 2022 on one Ejari contract, at AED 108,000 a year.
  • At AED 108,000 a year the gross yield on the 2020 price is 7.6%.
  • 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 3 November 2022.

Questions about 3208, Prive by Damac Tower B

What did unit 3208 last sell for?

AED 1,421,000 on 23 March 2020, sold by the developer: AED 1,775 per sqft for 801 sqft. It is the only registered sale of the unit.

What is the rent for unit 3208?

AED 108,000 a year on the contract signed on 3 November 2022.

How big is unit 3208?

801 sqft (74.4 sqm): a one-bedroom apartment on the 32nd floor of a 32-storey tower completed in 2019.

What is unit 3208 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 3208, Prive by Damac Tower B

Starts from the last sale price (AED 1.42M, 23 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,421,000
Deposit, UAE resident (20%)
AED 284,200
Deposit, non-resident (40%)
AED 568,400
Monthly over 25 years at 3.7%
AED 5,814

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