Studio · 431 sqftPrive by Damac Tower B, Business Bay · 6th floor · completed 2019

616, Prive by Damac Tower B

Sold prices and rental history: sold once, by the developer in June 2014, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 616 · DLD and Ejari recordsUpdated 23 September 2025
Last soldAED 1.07M12 June 2014
Current rentAED 25K /yr23 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 616, Prive by Damac Tower B

What is 616 worth today?

Last sold for AED 1,070,650 in 2014

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23 Sep 2025RentedNew contract
AED 25,000/yr12 months · AED 58 per sqft
1 Sep 2024RentedRenewal
AED 75,000/yr12 months · AED 174 per sqft
1 Sep 2023RentedNew contract
AED 72,000/yr12 months · AED 167 per sqft
12 Jun 2014Sold by developerOff-plan
AED 1,070,650AED 2,482 per sqft

Source: Dubai Land Department. Updated 23 September 2025.

Key facts

Type
Studio apartment
Size
431 sqft
Floor
6th of 32
Parking
P2-50
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.07M · June 2014

About 616, Prive by Damac Tower B

616 is a studio of 431 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. The developer sold it on 12 June 2014 for AED 1,070,650, or AED 2,482 per sqft, 4% below the AED 2,596 studios in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 23 September 2025, is AED 25,000 a year: a gross yield of 2.3% on the 2014 price.

Sales and rents for 616 over time

Sales
Unit 616, 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, June 2014: AED 1,070,650 (AED 2,482 per sqft)

616 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 616, each contractTypical studio in Prive by Damac Tower B
25K50K75K2020202220242026Typical 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, September 2023: AED 72,000 a yearRenewal, September 2024: AED 75,000 a yearNew contract, September 2025: AED 25,000 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 616 sits

All 401 studios →

616 last sold in June 2014 at AED 2,482 per sqft, 4% below what studios in Prive by Damac Tower B were fetching at the time (AED 2,596). 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. 616's AED 25,000 is at the bottom 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
607StudioAED 690K · Sep 2021
1–7 of 16

616, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 12 June 2014 for AED 1,070,650, or AED 2,482 per sqft.
  • Rented since September 2023 on 3 Ejari contracts, from AED 72,000 to AED 25,000 a year.
  • At AED 25,000 a year the gross yield on the 2014 price is 2.3%.
  • 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 23 September 2025.

Questions about 616, Prive by Damac Tower B

What did unit 616 last sell for?

AED 1,070,650 on 12 June 2014, sold by the developer: AED 2,482 per sqft for 431 sqft. It is the only registered sale of the unit.

What is the rent for unit 616?

AED 25,000 a year on the contract signed on 23 September 2025. The previous contract, from September 2024, was AED 75,000; the unit has been rented since September 2023.

How big is unit 616?

431 sqft (40.0 sqm): a studio on the 6th floor of a 32-storey tower completed in 2019.

What is unit 616 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 616, Prive by Damac Tower B

Starts from the last sale price (AED 1.07M, 12 June 2014). 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 →