508, Prive by Damac Tower B
Sold prices and rental history: sold 4 times, last in August 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Prive by Damac Tower B
What is 508 worth today?
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Source: Dubai Land Department. Updated 26 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,342 sqft
- Floor
- 5th of 32
- Parking
- P1-184, P1-184A
- Developer
- Namaa Properties Development
- Completed
- 2019
- Last sold
- AED 2.55M · August 2025
- Building
- Prive by Damac Tower B
About 508, Prive by Damac Tower B
508 is a two-bedroom apartment of 1,342 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 26 August 2025 for AED 2,550,000, or AED 1,900 per sqft, in line with the AED 1,903 two-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 23 April 2023, is AED 100,000 a year: a gross yield of 3.9% on the 2025 price.
Sales and rents for 508 over time
508 has sold 4 times; the dashed line is the two-bed median of each year in the building.
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 508 sits
All 37 2-beds →508 last sold in August 2025 at AED 1,900 per sqft, in line with what two-beds in Prive by Damac Tower B were fetching at the time (AED 1,903). 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. 508's AED 100,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 May 202611 May 2026 | 1,381 sqft | 2,300,000 | 1,665 | ||
| 20 Apr 202620 April 2026 | 1,342 sqft | 2,200,000 | 1,639 | ||
| 25 Feb 202625 February 2026 | 1,792 sqft | 2,750,000 | 1,534 | ||
| 19 Feb 202619 February 2026 | 1,342 sqft | 2,500,000 | 1,863 |
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 | |
| 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 | |
| 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 |
508, Prive by Damac Tower B in numbers
- Sold 4 times: first on 29 April 2014 for AED 3,286,050, last on 26 August 2025 for AED 2,550,000 (AED 1,900 per sqft).
- Rented since March 2022 on 2 Ejari contracts, from AED 60,000 to AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2025 price is 3.9%.
- 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 26 August 2025.
Questions about 508, Prive by Damac Tower B
What did unit 508 last sell for?
AED 2,550,000 on 26 August 2025: AED 1,900 per sqft for 1,342 sqft. The unit has 4 registered sales; the first was AED 3,286,050 in April 2014.
What is the rent for unit 508?
AED 100,000 a year on the contract signed on 23 April 2023. The previous contract, from March 2022, was AED 60,000.
How big is unit 508?
1,342 sqft (124.7 sqm): a two-bedroom apartment on the 5th floor of a 32-storey tower completed in 2019.
What is unit 508 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 508, Prive by Damac Tower B
Starts from the last sale price (AED 2.55M, 26 August 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,550,000
- Deposit, UAE resident (20%)
- AED 510,000
- Deposit, non-resident (40%)
- AED 1,020,000
- Monthly over 25 years at 3.7%
- AED 10,433
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →