Studio · 432 sqftPrive by Damac Tower B, Business Bay · 7th floor · completed 2019

705, Prive by Damac Tower B

Sold prices and rental history: sold once, by the developer in June 2014, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 10 September 2026
Last soldAED 1.12M5 June 2014
Current rentAED 58K /yr10 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Prive by Damac Tower B

What is 705 worth today?

Last sold for AED 1,123,850 in 2014

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10 Sep 2026RentedNew contract
AED 58,000/yr12 months · AED 134 per sqft
11 Feb 2026RentedNew contract
AED 78,000/yr12 months · AED 181 per sqft
8 Feb 2025RentedNew contract
AED 73,000/yr12 months · AED 169 per sqft
2 May 2024RentedNew contract
AED 70,000/yr12 months · AED 163 per sqft
2 Mar 2023RentedRenewal
AED 57,000/yr12 months · AED 132 per sqft
2 Mar 2022RentedRenewal
AED 50,000/yr12 months · AED 116 per sqft
2 Mar 2021RentedNew contract
AED 45,000/yr12 months · AED 105 per sqft
5 Jun 2014Sold by developerOff-plan
AED 1,123,850AED 2,603 per sqft

Source: Dubai Land Department. Updated 10 September 2026.

Key facts

Type
Studio apartment
Size
432 sqft
Floor
7th of 32
Parking
P2-56
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.12M · June 2014

About 705, Prive by Damac Tower B

705 is a studio of 432 sqft on the 7th 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 5 June 2014 for AED 1,123,850, or AED 2,603 per sqft, in line with the AED 2,596 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, signed on 10 September 2026, is AED 58,000 a year: a gross yield of 5.2% on the 2014 price.

Sales and rents for 705 over time

Sales
Unit 705, 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 1,123,850 (AED 2,603 per sqft)

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

Rents
Unit 705, 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, March 2021: AED 45,000 a yearRenewal, March 2022: AED 50,000 a yearRenewal, March 2023: AED 57,000 a yearNew contract, May 2024: AED 70,000 a yearNew contract, February 2025: AED 73,000 a yearNew contract, February 2026: AED 78,000 a yearNew contract, September 2026: AED 58,000 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 705 sits

All 401 studios →

705 last sold in June 2014 at AED 2,603 per sqft, in line with 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. 705's AED 58,000 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 7th floor

All 526 units in Prive by Damac Tower B
Value
7011-bedAED 1.23M · Nov 2020
702StudioAED 578K · Aug 2018
703StudioAED 1.05M · Jun 2014
704StudioAED 920K · Nov 2024
706StudioAED 1.02M · Jan 2024
707StudioAED 1M · Feb 2024
7082-bedAED 2.2M · Apr 2026
1–7 of 16

705, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 5 June 2014 for AED 1,123,850, or AED 2,603 per sqft.
  • Rented since March 2021 on 7 Ejari contracts, from AED 45,000 to AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2014 price is 5.2%.
  • 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 10 September 2026.

Questions about 705, Prive by Damac Tower B

What did unit 705 last sell for?

AED 1,123,850 on 5 June 2014, sold by the developer: AED 2,603 per sqft for 432 sqft. It is the only registered sale of the unit.

What is the rent for unit 705?

AED 58,000 a year on the contract signed on 10 September 2026. The previous contract, from February 2026, was AED 78,000; the unit has been rented since March 2021.

How big is unit 705?

432 sqft (40.1 sqm): a studio on the 7th floor of a 32-storey tower completed in 2019.

What is unit 705 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 705, Prive by Damac Tower B

Starts from the last sale price (AED 1.12M, 5 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,123,850
Deposit, UAE resident (20%)
AED 224,770
Deposit, non-resident (40%)
AED 449,540
Monthly over 25 years at 3.7%
AED 4,598

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