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2-bed · 1,381 sqftPrive by Damac Tower B, Business Bay · 4th floor · completed 2019

408, Prive by Damac Tower B

Sold prices and rental history: sold once, by the developer in October 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 15 October 2026
Last soldAED 2.84M2 October 2018
Current rentAED 150K /yr15 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 408, Prive by Damac Tower B

What is 408 worth today?

Last sold for AED 2,841,020 in 2018

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15 Oct 2026RentedNew contract
AED 150,000/yr12 months · AED 109 per sqft
15 Oct 2025RentedNew contract
AED 150,000/yr12 months · AED 109 per sqft
21 Aug 2024RentedRenewal
AED 150,000/yr12 months · AED 109 per sqft
21 Aug 2023RentedNew contract
AED 150,000/yr12 months · AED 109 per sqft
2 Aug 2022RentedNew contract
AED 130,000/yr12 months · AED 94 per sqft
5 May 2021RentedNew contract
AED 100,000/yr12 months · AED 73 per sqft
1 May 2020RentedNew contract
AED 72,000/yr12 months · AED 52 per sqft
2 Oct 2018Sold by developerOff-plan
AED 2,841,020AED 2,057 per sqft

Source: Dubai Land Department. Updated 15 October 2026.

Key facts

Type
2-bed apartment
Size
1,381 sqft
Floor
4th of 32
Parking
P1-183, P1-183A
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 2.84M · October 2018
Building
Prive by Damac Tower B

About 408, Prive by Damac Tower B

408 is a two-bedroom apartment of 1,381 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 2 October 2018 for AED 2,841,020, or AED 2,057 per sqft, in line with the AED 2,099 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 15 October 2026, is AED 150,000 a year: a gross yield of 5.3% on the 2018 price.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical two-bed in Prive by Damac Tower B
2M3M2014201820222026Typical sale price by year: 2014 AED 3,513,600; 2017 AED 3,161,000; 2018 AED 2,752,410; 2019 AED 2,966,000; 2020 AED 2,487,000; 2021 AED 2,554,000; 2022 AED 2,172,075; 2023 AED 2,695,000; 2024 AED 2,685,120; 2025 AED 2,480,000; 2026 AED 2,500,000Sold by developer, October 2018: AED 2,841,020 (AED 2,057 per sqft)

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

Rents
Unit 408, each contractTypical two-bed in Prive by Damac Tower B
100K150K2020202220242026Typical rent by year: 2020 AED 106,000; 2021 AED 102,500; 2022 AED 130,000; 2023 AED 145,000; 2024 AED 160,000; 2025 AED 160,000; 2026 AED 150,000New contract, May 2020: AED 72,000 a yearNew contract, May 2021: AED 100,000 a yearNew contract, August 2022: AED 130,000 a yearNew contract, August 2023: AED 150,000 a yearRenewal, August 2024: AED 150,000 a yearNew contract, October 2025: AED 150,000 a yearNew contract, October 2026: AED 150,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Prive by Damac Tower B, and where 408 sits

All 37 2-beds →

408 last sold in October 2018 at AED 2,057 per sqft, in line with what two-beds in Prive by Damac Tower B were fetching at the time (AED 2,099). Over the last 12 months two-beds sold for AED 2,200,000 to 2,750,000, around AED 1,665 per sqft, and rent for AED 125,000 to 220,000 a year. 408's AED 150,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 May 20262,300,000
20 Apr 20262,200,000
25 Feb 20262,750,000
19 Feb 20262,500,000
5 2-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 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
406StudioAED 1.2M · Jun 2015
407StudioAED 1.25M · Jun 2015
1–7 of 18

408, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 2 October 2018 for AED 2,841,020, or AED 2,057 per sqft.
  • Rented since May 2020 on 7 Ejari contracts, from AED 72,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2018 price is 5.3%.
  • Two-beds in Prive by Damac Tower B sold for AED 2,200,000–2,750,000 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 15 October 2026.

Questions about 408, Prive by Damac Tower B

What did unit 408 last sell for?

AED 2,841,020 on 2 October 2018, sold by the developer: AED 2,057 per sqft for 1,381 sqft. It is the only registered sale of the unit.

What is the rent for unit 408?

AED 150,000 a year on the contract signed on 15 October 2026. The previous contract, from October 2025, was AED 150,000; the unit has been rented since May 2020.

How big is unit 408?

1,381 sqft (128.3 sqm): a two-bedroom apartment on the 4th floor of a 32-storey tower completed in 2019.

What is unit 408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Prive by Damac Tower B sold for AED 2,200,000 to 2,750,000 in the last 12 months, around AED 1,665 per sqft.

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Mortgage on 408, Prive by Damac Tower B

Starts from the last sale price (AED 2.84M, 2 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,841,020
Deposit, UAE resident (20%)
AED 568,204
Deposit, non-resident (40%)
AED 1,136,408
Monthly over 25 years at 3.7%
AED 11,623

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