1-bed · 933 sqftPrive by Damac Tower B, Business Bay · 5th floor · completed 2019

517, Prive by Damac Tower B

Sold prices and rental history: sold twice, last in December 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 517 · DLD and Ejari recordsUpdated 16 February 2026
Last soldAED 1.5M30 December 2024
Current rentAED 131K /yr16 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 517, Prive by Damac Tower B

What is 517 worth today?

Last sold for AED 1,500,000 in 2024

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16 Feb 2026RentedNew contract
AED 131,000/yr12 months · AED 140 per sqft
30 Dec 2024SoldReady
AED 1,500,000AED 1,607 per sqft
15 Jan 2023RentedRenewal
AED 105,283/yr12 months · AED 112 per sqft
15 Jan 2022RentedNew contract
AED 97,500/yr12 months · AED 104 per sqft
26 May 2014Sold by developerOff-plan
AED 1,992,150AED 2,134 per sqft

Source: Dubai Land Department. Updated 16 February 2026.

Key facts

Type
1-bed apartment
Size
933 sqft
Floor
5th of 32
Parking
P2-35
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.5M · December 2024

About 517, Prive by Damac Tower B

517 is a one-bedroom apartment of 933 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 30 December 2024 for AED 1,500,000, or AED 1,607 per sqft, 8% below the AED 1,749 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 16 February 2026, is AED 131,000 a year: a gross yield of 8.7% on the 2024 price.

Sales and rents for 517 over time

Sales
Unit 517, each saleTypical one-bed in Prive by Damac Tower B
1.5M2M2.5M2014201820222026Typical sale price by year: 2014 AED 2,440,800; 2017 AED 1,992,000; 2018 AED 1,830,150; 2019 AED 2,113,000; 2020 AED 1,569,985; 2021 AED 1,470,425; 2022 AED 1,740,925; 2023 AED 1,700,000; 2024 AED 1,600,500; 2025 AED 1,600,000; 2026 AED 1,762,386Sold by developer, May 2014: AED 1,992,150 (AED 2,134 per sqft)Sold, December 2024: AED 1,500,000 (AED 1,607 per sqft)

517 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 517, each contractTypical one-bed in Prive by Damac Tower B
100K2020202220242026Typical rent by year: 2020 AED 75,500; 2021 AED 80,000; 2022 AED 90,000; 2023 AED 110,000; 2024 AED 115,000; 2025 AED 120,000; 2026 AED 100,000New contract, January 2022: AED 97,500 a yearRenewal, January 2023: AED 105,283 a yearNew contract, February 2026: AED 131,000 a year

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 517 sits

All 88 1-beds →

517 last sold in December 2024 at AED 1,607 per sqft, 8% below what one-beds in Prive by Damac Tower B were fetching at the time (AED 1,749). 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. 517's AED 131,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Sep 20261,824,772
17 Feb 20261,700,000
5 Feb 20261,700,000
27 Jan 20262,280,000
4 1-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 5th floor

All 526 units in Prive by Damac Tower B
Value
5011-bedAED 1.19M · Dec 2020
502StudioAED 1.07M · Jan 2017
503StudioAED 1.31M · May 2014
504StudioAED 968K · Apr 2014
505StudioAED 1M · Apr 2024
506StudioAED 1.13M · Apr 2017
507StudioAED 988K · Jul 2024
1–7 of 15

517, Prive by Damac Tower B in numbers

  • Sold twice: first on 26 May 2014 for AED 1,992,150, last on 30 December 2024 for AED 1,500,000 (AED 1,607 per sqft).
  • Rented since January 2022 on 3 Ejari contracts, from AED 97,500 to AED 131,000 a year.
  • At AED 131,000 a year the gross yield on the 2024 price is 8.7%.
  • 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 16 February 2026.

Questions about 517, Prive by Damac Tower B

What did unit 517 last sell for?

AED 1,500,000 on 30 December 2024: AED 1,607 per sqft for 933 sqft. The unit has 2 registered sales; the first was AED 1,992,150 in May 2014.

What is the rent for unit 517?

AED 131,000 a year on the contract signed on 16 February 2026. The previous contract, from January 2023, was AED 105,283; the unit has been rented since January 2022.

How big is unit 517?

933 sqft (86.7 sqm): a one-bedroom apartment on the 5th floor of a 32-storey tower completed in 2019.

What is unit 517 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 517, Prive by Damac Tower B

Starts from the last sale price (AED 1.5M, 30 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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