Studio · 408 sqftPrive by Damac Tower B, Business Bay · 6th floor · completed 2019

602, Prive by Damac Tower B

Sold prices and rental history: sold twice, last in March 2015, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 26 January 2026
Last soldAED 1.07M3 March 2015
Current rentAED 70K /yr26 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Prive by Damac Tower B

What is 602 worth today?

Last sold for AED 1,070,650 in 2015

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26 Jan 2026RentedNew contract
AED 70,000/yr12 months · AED 171 per sqft
13 Jan 2025RentedRenewal
AED 68,000/yr12 months · AED 166 per sqft
13 Jan 2024RentedRenewal
AED 68,000/yr12 months · AED 166 per sqft
13 Jan 2023RentedNew contract
AED 65,000/yr12 months · AED 159 per sqft
1 Dec 2021RentedRenewal
AED 46,000/yr12 months · AED 112 per sqft
1 Dec 2020RentedNew contract
AED 42,000/yr12 months · AED 103 per sqft
3 Mar 2015SoldOff-plan
AED 1,070,650AED 2,623 per sqft
16 Mar 2014Sold by developerOff-plan
AED 1,070,650AED 2,623 per sqft

Source: Dubai Land Department. Updated 26 January 2026.

Key facts

Type
Studio apartment
Size
408 sqft
Floor
6th of 32
Parking
P2-37
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.07M · March 2015

About 602, Prive by Damac Tower B

602 is a studio of 408 sqft on the 6th 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 March 2015 for AED 1,070,650, or AED 2,623 per sqft, in line with the AED 2,598 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 26 January 2026, is AED 70,000 a year: a gross yield of 6.5% on the 2015 price.

Sales and rents for 602 over time

Sales
Unit 602, each saleTypical studio in Prive by Damac Tower B
1M2014201820222026Typical sale price by year: 2014 AED 1,100,100; 2015 AED 1,179,750; 2016 AED 966,000; 2017 AED 1,072,000; 2018 AED 612,500; 2019 AED 924,444; 2020 AED 729,000; 2021 AED 745,000; 2022 AED 825,000; 2023 AED 945,000; 2024 AED 1,010,000; 2025 AED 1,050,000; 2026 AED 930,000Sold by developer, March 2014: AED 1,070,650 (AED 2,623 per sqft)Sold, March 2015: AED 1,070,650 (AED 2,623 per sqft)

602 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 602, each contractTypical studio in Prive by Damac Tower B
40K60K80K2020202220242026Typical rent by year: 2020 AED 45,000; 2021 AED 45,000; 2022 AED 60,000; 2023 AED 66,000; 2024 AED 70,000; 2025 AED 75,000; 2026 AED 65,000New contract, December 2020: AED 42,000 a yearRenewal, December 2021: AED 46,000 a yearNew contract, January 2023: AED 65,000 a yearRenewal, January 2024: AED 68,000 a yearRenewal, January 2025: AED 68,000 a yearNew contract, January 2026: AED 70,000 a year

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 602 sits

All 401 studios →

602 last sold in March 2015 at AED 2,623 per sqft, in line with what studios in Prive by Damac Tower B were fetching at the time (AED 2,598). 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. 602's AED 70,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
3 Nov 2026920,000
19 Oct 2026920,000
15 Oct 2026888,000
14 Oct 20261,000,000
38 studio 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 6th floor

All 526 units in Prive by Damac Tower B
Value
6011-bedAED 1.48M · Oct 2021
603StudioAED 969K · Jun 2025
604StudioAED 721K · Feb 2023
605StudioAED 1.26M · Jun 2015
606StudioAED 1.05M · Jul 2023
607StudioAED 690K · Sep 2021
6082-bedAED 2.97M · Jan 2024
1–7 of 16

602, Prive by Damac Tower B in numbers

  • Sold twice: first on 16 March 2014 for AED 1,070,650, last on 3 March 2015 for AED 1,070,650 (AED 2,623 per sqft).
  • Rented since December 2020 on 6 Ejari contracts, from AED 42,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2015 price is 6.5%.
  • 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 26 January 2026.

Questions about 602, Prive by Damac Tower B

What did unit 602 last sell for?

AED 1,070,650 on 3 March 2015: AED 2,623 per sqft for 408 sqft. The unit has 2 registered sales; the first was AED 1,070,650 in March 2014.

What is the rent for unit 602?

AED 70,000 a year on the contract signed on 26 January 2026. The previous contract, from January 2025, was AED 68,000; the unit has been rented since December 2020.

How big is unit 602?

408 sqft (37.9 sqm): a studio on the 6th floor of a 32-storey tower completed in 2019.

What is unit 602 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.

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Mortgage on 602, Prive by Damac Tower B

Starts from the last sale price (AED 1.07M, 3 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,070,650
Deposit, UAE resident (20%)
AED 214,130
Deposit, non-resident (40%)
AED 428,260
Monthly over 25 years at 3.7%
AED 4,380

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