707, Prive by Damac Tower B
Sold prices and rental history: sold twice, last in February 2024, and rented once, from December 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 707, Prive by Damac Tower B
What is 707 worth today?
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Source: Dubai Land Department. Updated 22 February 2024.
Key facts
- Type
- Studio apartment
- Size
- 418 sqft
- Floor
- 7th of 32
- Parking
- P2-58
- Developer
- Namaa Properties Development
- Completed
- 2019
- Last sold
- AED 1M · February 2024
- Building
- Prive by Damac Tower B
About 707, Prive by Damac Tower B
707 is a studio of 418 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. It last sold on 22 February 2024 for AED 1,000,000, or AED 2,394 per sqft, in line with the AED 2,335 studios in the building were fetching at the time.
One Ejari contract is registered, from 5 December 2022. The current contract, signed on 5 December 2022, is AED 70,000 a year: a gross yield of 7.0% on the 2024 price.
Sales and rents for 707 over time
707 has sold twice; the dashed line is the studio median of each year in the building.
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 707 sits
All 401 studios →707 last sold in February 2024 at AED 2,394 per sqft, in line with what studios in Prive by Damac Tower B were fetching at the time (AED 2,335). 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. 707's AED 70,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 419 sqft | 920,000 | 2,195 | ||
| 19 Oct 202619 October 2026 | 396 sqft | 920,000 | 2,321 | ||
| 15 Oct 202615 October 2026 | 396 sqft | 888,000 | 2,241 | ||
| 14 Oct 202614 October 2026 | 401 sqft | 1,000,000 | 2,496 |
Prive by Damac Tower B
Building526 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%
Other units on the 7th floor
All 526 units in Prive by Damac Tower B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 923 sqft | AED 1.23MAED 1,230,000 · Nov 2020November 2020 | ||
| 702 | Studio | 408 sqft | AED 578KAED 578,000 · Aug 2018August 2018 | 75,000 /yr | |
| 703 | Studio | 408 sqft | AED 1.05MAED 1,048,800 · Jun 2014June 2014 | 53,000 /yr | |
| 704 | Studio | 373 sqft | AED 920KAED 920,000 · Nov 2024November 2024 | 79,716 /yr | |
| 705 | Studio | 432 sqft | AED 1.12MAED 1,123,850 · Jun 2014June 2014 | 58,000 /yr | |
| 706 | Studio | 443 sqft | AED 1.02MAED 1,018,500 · Jan 2024January 2024 | ||
| 708 | 2-bed | 1,342 sqft | AED 2.2MAED 2,200,000 · Apr 2026April 2026 | ||
| 709 | 1-bed | 896 sqft | AED 2.1MAED 2,100,000 · Jan 2017January 2017 | 90,000 /yr | |
| 710 | Studio | 414 sqft | AED 1.05MAED 1,050,000 · Dec 2024December 2024 | 80,000 /yr | |
| 711 | Studio | 416 sqft | AED 986KAED 986,000 · Nov 2023November 2023 | ||
| 712 | Studio | 443 sqft | AED 1.08MAED 1,080,000 · Nov 2024November 2024 | 60,000 /yr | |
| 713 | Studio | 431 sqft | AED 1.05MAED 1,050,000 · Nov 2024November 2024 | 48,000 /yr | |
| 714 | Studio | 373 sqft | AED 980KAED 980,000 · Feb 2025February 2025 | 72,000 /yr | |
| 715 | Studio | 414 sqft | AED 1.13MAED 1,127,000 · Feb 2026February 2026 | 85,000 /yr | |
| 716 | Studio | 431 sqft | AED 400KAED 400,000 · Feb 2021February 2021 | 68,355 /yr | |
| 717 | 1-bed | 933 sqft | AED 2.22MAED 2,222,050 · Jun 2014June 2014 |
707, Prive by Damac Tower B in numbers
- Sold twice: first on 7 April 2014 for AED 1,122,900, last on 22 February 2024 for AED 1,000,000 (AED 2,394 per sqft).
- Rented since December 2022 on one Ejari contract, at AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2024 price is 7.0%.
- 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 22 February 2024.
Questions about 707, Prive by Damac Tower B
What did unit 707 last sell for?
AED 1,000,000 on 22 February 2024: AED 2,394 per sqft for 418 sqft. The unit has 2 registered sales; the first was AED 1,122,900 in April 2014.
What is the rent for unit 707?
AED 70,000 a year on the contract signed on 5 December 2022.
How big is unit 707?
418 sqft (38.8 sqm): a studio on the 7th floor of a 32-storey tower completed in 2019.
What is unit 707 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 707, Prive by Damac Tower B
Starts from the last sale price (AED 1M, 22 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →