407, 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.
Property timeline for 407, Prive by Damac Tower B
What is 407 worth today?
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Source: Dubai Land Department. Updated 1 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 491 sqft
- Floor
- 4th of 32
- Parking
- P2-13
- Developer
- Namaa Properties Development
- Completed
- 2019
- Last sold
- AED 1.25M · June 2015
- Building
- Prive by Damac Tower B
About 407, Prive by Damac Tower B
407 is a studio of 491 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 1,245,600, or AED 2,538 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, signed on 1 September 2026, is AED 62,000 a year: a gross yield of 5.0% on the 2015 price.
Sales and rents for 407 over time
407 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 407 sits
All 401 studios →407 last sold in June 2015 at AED 2,538 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. 407's AED 62,000 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 4th floor
All 526 units in Prive by Damac Tower B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | Studio | 469 sqft | AED 899KAED 899,042 · Dec 2022December 2022 | 80,000 /yr | |
| 402 | Studio | 401 sqft | AED 740KAED 740,000 · Sep 2022September 2022 | ||
| 403 | Studio | 396 sqft | AED 872KAED 872,000 · May 2017May 2017 | 75,001 /yr | |
| 404 | Studio | 373 sqft | AED 750KAED 750,000 · Aug 2023August 2023 | ||
| 405 | Studio | 432 sqft | AED 1.1MAED 1,099,200 · Jun 2015June 2015 | 62,000 /yr | |
| 406 | Studio | 471 sqft | AED 1.2MAED 1,195,200 · Jun 2015June 2015 | 60,000 /yr | |
| 408 | 2-bed | 1,381 sqft | AED 2.84MAED 2,841,020 · Oct 2018October 2018 | 150,000 /yr | |
| 409 | 1-bed | 982 sqft | AED 2.15MAED 2,145,000 · Nov 2019November 2019 | 102,000 /yr | |
| 410 | Studio | 437 sqft | AED 1.16MAED 1,159,000 · Mar 2017March 2017 | 72,000 /yr | |
| 411 | Studio | 490 sqft | AED 1.13MAED 1,125,000 · Jul 2024July 2024 | ||
| 412 | Studio | 471 sqft | AED 1.2MAED 1,195,200 · Jun 2015June 2015 | 45,000 /yr | |
| 413 | Studio | 431 sqft | AED 767KAED 767,340 · Feb 2022February 2022 | 55,000 /yr | |
| 414 | Studio | 374 sqft | AED 678KAED 678,000 · Oct 2021October 2021 | 70,000 /yr | |
| 415 | Studio | 401 sqft | AED 1.18MAED 1,179,750 · Aug 2015August 2015 | ||
| 416 | Studio | 419 sqft | AED 555KAED 555,000 · May 2021May 2021 | ||
| 417 | Studio | 452 sqft | AED 835KAED 835,000 · Jan 2023January 2023 | 90,000 /yr | |
| 401A | Studio | 453 sqft | AED 1.08MAED 1,080,000 · Aug 2024August 2024 | 55,000 /yr | |
| 417A | Studio | 439 sqft | AED 1.07MAED 1,074,000 · Jan 2017January 2017 | 59,000 /yr |
407, Prive by Damac Tower B in numbers
- Sold once: by Namaa Properties Development on 30 June 2015 for AED 1,245,600, or AED 2,538 per sqft.
- Rented since August 2022 on 5 Ejari contracts, from AED 60,000 to AED 62,000 a year.
- At AED 62,000 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 1 September 2026.
Questions about 407, Prive by Damac Tower B
What did unit 407 last sell for?
AED 1,245,600 on 30 June 2015, sold by the developer: AED 2,538 per sqft for 491 sqft. It is the only registered sale of the unit.
What is the rent for unit 407?
AED 62,000 a year on the contract signed on 1 September 2026. The previous contract, from August 2025, was AED 75,000; the unit has been rented since August 2022.
How big is unit 407?
491 sqft (45.6 sqm): a studio on the 4th floor of a 32-storey tower completed in 2019.
What is unit 407 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 407, Prive by Damac Tower B
Starts from the last sale price (AED 1.25M, 30 June 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,245,600
- Deposit, UAE resident (20%)
- AED 249,120
- Deposit, non-resident (40%)
- AED 498,240
- Monthly over 25 years at 3.7%
- AED 5,096
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →