506, Prive by Damac Tower B
Sold prices and rental history: sold twice, last in April 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Prive by Damac Tower B
What is 506 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 18 November 2025.
Key facts
- Type
- Studio apartment
- Size
- 443 sqft
- Floor
- 5th of 32
- Parking
- P2-25
- Developer
- Namaa Properties Development
- Completed
- 2019
- Last sold
- AED 1.13M · April 2017
- Building
- Prive by Damac Tower B
About 506, Prive by Damac Tower B
506 is a studio of 443 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. It last sold on 3 April 2017 for AED 1,133,350, or AED 2,559 per sqft, 10% above the AED 2,320 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 18 November 2025, is AED 78,000 a year: a gross yield of 6.9% on the 2017 price.
Sales and rents for 506 over time
506 has sold twice; 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 506 sits
All 401 studios →506 last sold in April 2017 at AED 2,559 per sqft, 10% above what studios in Prive by Damac Tower B were fetching at the time (AED 2,320). 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. 506's AED 78,000 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 5th floor
All 526 units in Prive by Damac Tower B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 923 sqft | AED 1.19MAED 1,189,040 · Dec 2020December 2020 | 80,000 /yr | |
| 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 | |
| 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 |
506, Prive by Damac Tower B in numbers
- Sold twice: first on 7 April 2014 for AED 1,133,350, last on 3 April 2017 for AED 1,133,350 (AED 2,559 per sqft).
- Rented since November 2020 on 5 Ejari contracts, from AED 45,000 to AED 78,000 a year.
- At AED 78,000 a year the gross yield on the 2017 price is 6.9%.
- 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 18 November 2025.
Questions about 506, Prive by Damac Tower B
What did unit 506 last sell for?
AED 1,133,350 on 3 April 2017: AED 2,559 per sqft for 443 sqft. The unit has 2 registered sales; the first was AED 1,133,350 in April 2014.
What is the rent for unit 506?
AED 78,000 a year on the contract renewed on 18 November 2025. The previous contract, from November 2024, was AED 78,000; the unit has been rented since November 2020.
How big is unit 506?
443 sqft (41.2 sqm): a studio on the 5th floor of a 32-storey tower completed in 2019.
What is unit 506 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 506? 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.
Mortgage on 506, Prive by Damac Tower B
Starts from the last sale price (AED 1.13M, 3 April 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,133,350
- Deposit, UAE resident (20%)
- AED 226,670
- Deposit, non-resident (40%)
- AED 453,340
- Monthly over 25 years at 3.7%
- AED 4,637
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →