Studio · 471 sqftPrive by Damac Tower B, Business Bay · 4th floor · completed 2019

406, Prive by Damac Tower B

Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 11 September 2026
Last soldAED 1.2M30 June 2015
Current rentAED 60K /yr11 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Prive by Damac Tower B

What is 406 worth today?

Last sold for AED 1,195,200 in 2015

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

11 Sep 2026RentedRenewal
AED 60,000/yr12 months · AED 127 per sqft
11 Sep 2025RentedRenewal
AED 66,000/yr12 months · AED 140 per sqft
11 Sep 2024RentedRenewal
AED 65,000/yr12 months · AED 138 per sqft
11 Sep 2023RentedRenewal
AED 63,000/yr12 months · AED 134 per sqft
11 Sep 2022RentedNew contract
AED 60,000/yr12 months · AED 127 per sqft
30 Jun 2015Sold by developerOff-plan
AED 1,195,200AED 2,535 per sqft

Source: Dubai Land Department. Updated 11 September 2026.

Key facts

Type
Studio apartment
Size
471 sqft
Floor
4th of 32
Parking
P2-12
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.2M · June 2015

About 406, Prive by Damac Tower B

406 is a studio of 471 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. The developer sold it on 30 June 2015 for AED 1,195,200, or AED 2,535 per sqft, 3% below the AED 2,617 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 11 September 2026, is AED 60,000 a year: a gross yield of 5.0% on the 2015 price.

Sales and rents for 406 over time

Sales
Unit 406, 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, June 2015: AED 1,195,200 (AED 2,535 per sqft)

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

Rents
Unit 406, 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, September 2022: AED 60,000 a yearRenewal, September 2023: AED 63,000 a yearRenewal, September 2024: AED 65,000 a yearRenewal, September 2025: AED 66,000 a yearRenewal, September 2026: AED 60,000 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 406 sits

All 401 studios →

406 last sold in June 2015 at AED 2,535 per sqft, 3% below what studios in Prive by Damac Tower B were fetching at the time (AED 2,617). 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. 406's AED 60,000 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 4th floor

All 526 units in Prive by Damac Tower B
Value
401StudioAED 899K · Dec 2022
402StudioAED 740K · Sep 2022
403StudioAED 872K · May 2017
404StudioAED 750K · Aug 2023
405StudioAED 1.1M · Jun 2015
407StudioAED 1.25M · Jun 2015
4082-bedAED 2.84M · Oct 2018
1–7 of 18

406, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 30 June 2015 for AED 1,195,200, or AED 2,535 per sqft.
  • Rented since September 2022 on 5 Ejari contracts, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2015 price is 5.0%.
  • 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 11 September 2026.

Questions about 406, Prive by Damac Tower B

What did unit 406 last sell for?

AED 1,195,200 on 30 June 2015, sold by the developer: AED 2,535 per sqft for 471 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 60,000 a year on the contract renewed on 11 September 2026. The previous contract, from September 2025, was AED 66,000; the unit has been rented since September 2022.

How big is unit 406?

471 sqft (43.8 sqm): a studio on the 4th floor of a 32-storey tower completed in 2019.

What is unit 406 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.

Selling 406? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 406, Prive by Damac Tower B

Starts from the last sale price (AED 1.2M, 30 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,195,200
Deposit, UAE resident (20%)
AED 239,040
Deposit, non-resident (40%)
AED 478,080
Monthly over 25 years at 3.7%
AED 4,890

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