Studio · 418 sqftPrive by Damac Tower B, Business Bay · 6th floor · completed 2019

607, Prive by Damac Tower B

Sold prices and rental history: sold twice, last in September 2021, and rented once, from May 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 607 · DLD and Ejari recordsUpdated 15 May 2024
Last soldAED 690K15 September 2021
Current rentAED 100K /yr15 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 607, Prive by Damac Tower B

What is 607 worth today?

Last sold for AED 690,000 in 2021

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15 May 2024RentedNew contract
AED 100,000/yr12 months · AED 238 per sqft
15 Sep 2021SoldReady
AED 690,000AED 1,652 per sqft
26 Mar 2014Sold by developerOff-plan
AED 1,122,900AED 2,688 per sqft

Source: Dubai Land Department. Updated 15 May 2024.

Key facts

Type
Studio apartment
Size
418 sqft
Floor
6th of 32
Parking
P2-42
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 690K · September 2021

About 607, Prive by Damac Tower B

607 is a studio of 418 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 15 September 2021 for AED 690,000, or AED 1,652 per sqft, 8% above the AED 1,533 studios in the building were fetching at the time.

One Ejari contract is registered, from 15 May 2024. The current contract, signed on 15 May 2024, is AED 100,000 a year: a gross yield of 14.5% on the 2021 price.

Sales and rents for 607 over time

Sales
Unit 607, 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 1,122,900 (AED 2,688 per sqft)Sold, September 2021: AED 690,000 (AED 1,652 per sqft)

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

Rents
Unit 607, each contractTypical studio in Prive by Damac Tower B
50K75K100K2020202220242026Typical 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, May 2024: AED 100,000 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 607 sits

All 401 studios →

607 last sold in September 2021 at AED 1,652 per sqft, 8% above what studios in Prive by Damac Tower B were fetching at the time (AED 1,533). 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. 607's AED 100,000 is in the upper 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
602StudioAED 1.07M · Mar 2015
603StudioAED 969K · Jun 2025
604StudioAED 721K · Feb 2023
605StudioAED 1.26M · Jun 2015
606StudioAED 1.05M · Jul 2023
6082-bedAED 2.97M · Jan 2024
1–7 of 16

607, Prive by Damac Tower B in numbers

  • Sold twice: first on 26 March 2014 for AED 1,122,900, last on 15 September 2021 for AED 690,000 (AED 1,652 per sqft).
  • Rented since May 2024 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2021 price is 14.5%.
  • 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 15 May 2024.

Questions about 607, Prive by Damac Tower B

What did unit 607 last sell for?

AED 690,000 on 15 September 2021: AED 1,652 per sqft for 418 sqft. The unit has 2 registered sales; the first was AED 1,122,900 in March 2014.

What is the rent for unit 607?

AED 100,000 a year on the contract signed on 15 May 2024.

How big is unit 607?

418 sqft (38.8 sqm): a studio on the 6th floor of a 32-storey tower completed in 2019.

What is unit 607 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 607, Prive by Damac Tower B

Starts from the last sale price (AED 690K, 15 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 690,000
Deposit, UAE resident (20%)
AED 138,000
Deposit, non-resident (40%)
AED 276,000
Monthly over 25 years at 3.7%
AED 2,823

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