Studio · 373 sqftPrive by Damac Tower B, Business Bay · 4th floor · completed 2019

404, Prive by Damac Tower B

Sold prices and rental history: sold twice, last in August 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 4 August 2023
Last soldAED 750K4 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Prive by Damac Tower B

What is 404 worth today?

Last sold for AED 750,000 in 2023

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4 Aug 2023SoldReady
AED 750,000AED 2,013 per sqft
25 Jul 2017Sold by developerOff-plan
AED 821,000AED 2,203 per sqft

Source: Dubai Land Department. Updated 4 August 2023.

Key facts

Type
Studio hotel apartment
Size
373 sqft
Floor
4th of 32
Parking
nan
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 750K · August 2023

About 404, Prive by Damac Tower B

404 is a studio of 373 sqft on the 4th floor of Prive by Damac Tower B, a 32-storey tower in Business Bay completed in 2019 by Namaa Properties Development. It last sold on 4 August 2023 for AED 750,000, or AED 2,013 per sqft, in line with the AED 1,981 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 404 over time

Sales
Unit 404, 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, July 2017: AED 821,000 (AED 2,203 per sqft)Sold, August 2023: AED 750,000 (AED 2,013 per sqft)

404 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 404, 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 65,000

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 404 sits

All 401 studios →

404 last sold in August 2023 at AED 2,013 per sqft, in line with what studios in Prive by Damac Tower B were fetching at the time (AED 1,981). 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.

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 4th floor

All 526 units in Prive by Damac Tower B
Value
401StudioAED 899K · Dec 2022
402StudioAED 740K · Sep 2022
403StudioAED 872K · May 2017
405StudioAED 1.1M · Jun 2015
406StudioAED 1.2M · Jun 2015
407StudioAED 1.25M · Jun 2015
4082-bedAED 2.84M · Oct 2018
1–7 of 18

404, Prive by Damac Tower B in numbers

  • Sold twice: first on 25 July 2017 for AED 821,000, last on 4 August 2023 for AED 750,000 (AED 2,013 per sqft).
  • 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 4 August 2023.

Questions about 404, Prive by Damac Tower B

What did unit 404 last sell for?

AED 750,000 on 4 August 2023: AED 2,013 per sqft for 373 sqft. The unit has 2 registered sales; the first was AED 821,000 in July 2017.

How big is unit 404?

373 sqft (34.7 sqm): a studio on the 4th floor of a 32-storey tower completed in 2019.

What is unit 404 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 404, Prive by Damac Tower B

Starts from the last sale price (AED 750K, 4 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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