501, Prive by Damac Tower B
Sold prices and rental history: sold once, by the developer in December 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Prive by Damac Tower B
What is 501 worth today?
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Source: Dubai Land Department. Updated 1 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 923 sqft
- Floor
- 5th of 32
- Parking
- P2-20
- Developer
- Namaa Properties Development
- Completed
- 2019
- Last sold
- AED 1.19M · December 2020
- Building
- Prive by Damac Tower B
About 501, Prive by Damac Tower B
501 is a one-bedroom apartment of 923 sqft on the 5th 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 28 December 2020 for AED 1,189,040, or AED 1,288 per sqft, 23% below the AED 1,674 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, signed on 1 August 2026, is AED 80,000 a year: a gross yield of 6.7% on the 2020 price.
Sales and rents for 501 over time
501 has sold once; the dashed line is the one-bed median of each year in the building.
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 501 sits
All 88 1-beds →501 last sold in December 2020 at AED 1,288 per sqft, 23% below what one-beds in Prive by Damac Tower B were fetching at the time (AED 1,674). 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. 501's AED 80,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Sep 20267 September 2026 | 982 sqft | 1,824,772 | 1,857 | ||
| 17 Feb 202617 February 2026 | 820 sqft | 1,700,000 | 2,073 | ||
| 5 Feb 20265 February 2026 | 896 sqft | 1,700,000 | 1,898 | ||
| 27 Jan 202627 January 2026 | 967 sqft | 2,280,000 | 2,358 |
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 5th floor
All 526 units in Prive by Damac Tower B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | Studio | 408 sqft | AED 1.07MAED 1,065,900 · Jan 2017January 2017 | ||
| 503 | Studio | 408 sqft | AED 1.31MAED 1,305,300 · May 2014May 2014 | ||
| 504 | Studio | 373 sqft | AED 968KAED 968,050 · Apr 2014April 2014 | 70,000 /yr | |
| 505 | Studio | 432 sqft | AED 1MAED 1,000,000 · Apr 2024April 2024 | 60,167 /yr | |
| 506 | Studio | 443 sqft | AED 1.13MAED 1,133,350 · Apr 2017April 2017 | 78,000 /yr | |
| 507 | Studio | 418 sqft | AED 988KAED 988,000 · Jul 2024July 2024 | 60,000 /yr | |
| 508 | 2-bed | 1,342 sqft | AED 2.55MAED 2,550,000 · Aug 2025August 2025 | 100,000 /yr | |
| 510 | Studio | 414 sqft | AED 1.1MAED 1,098,200 · Mar 2014March 2014 | 70,000 /yr | |
| 511 | Studio | 416 sqft | AED 1.06MAED 1,059,250 · Mar 2014March 2014 | 65,000 /yr | |
| 512 | Studio | 443 sqft | AED 1.42MAED 1,416,450 · Oct 2014October 2014 | 56,000 /yr | |
| 513 | Studio | 431 sqft | AED 1.44MAED 1,435,225 · Jan 2015January 2015 | 75,000 /yr | |
| 514 | Studio | 373 sqft | AED 968KAED 968,050 · Jun 2014June 2014 | 60,000 /yr | |
| 515 | Studio | 414 sqft | AED 1.04MAED 1,044,000 · May 2014May 2014 | 58,432 /yr | |
| 516 | Studio | 431 sqft | AED 1.07MAED 1,065,900 · Aug 2014August 2014 | 82,500 /yr | |
| 517 | 1-bed | 933 sqft | AED 1.5MAED 1,500,000 · Dec 2024December 2024 | 131,000 /yr |
501, Prive by Damac Tower B in numbers
- Sold once: by Namaa Properties Development on 28 December 2020 for AED 1,189,040, or AED 1,288 per sqft.
- Rented since April 2021 on 7 Ejari contracts, from AED 75,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2020 price is 6.7%.
- 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 1 August 2026.
Questions about 501, Prive by Damac Tower B
What did unit 501 last sell for?
AED 1,189,040 on 28 December 2020, sold by the developer: AED 1,288 per sqft for 923 sqft. It is the only registered sale of the unit.
What is the rent for unit 501?
AED 80,000 a year on the contract signed on 1 August 2026. The previous contract, from May 2025, was AED 110,000; the unit has been rented since April 2021.
How big is unit 501?
923 sqft (85.7 sqm): a one-bedroom apartment on the 5th floor of a 32-storey tower completed in 2019.
What is unit 501 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 501, Prive by Damac Tower B
Starts from the last sale price (AED 1.19M, 28 December 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,189,040
- Deposit, UAE resident (20%)
- AED 237,808
- Deposit, non-resident (40%)
- AED 475,616
- Monthly over 25 years at 3.7%
- AED 4,865
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →