Studio · 443 sqftPrive by Damac Tower B, Business Bay · 7th floor · completed 2019

712, Prive by Damac Tower B

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

Unit 712 · DLD and Ejari recordsUpdated 10 October 2026
Last soldAED 1.08M13 November 2024
Current rentAED 60K /yr10 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 712, Prive by Damac Tower B

What is 712 worth today?

Last sold for AED 1,080,000 in 2024

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10 Oct 2026RentedNew contract
AED 60,000/yr12 months · AED 136 per sqft
17 Apr 2026RentedNew contract
AED 78,000/yr12 months · AED 177 per sqft
20 Mar 2025RentedNew contract
AED 80,000/yr12 months · AED 181 per sqft
13 Nov 2024SoldReady
AED 1,080,000AED 2,438 per sqft
25 Mar 2022RentedNew contract
AED 50,000/yr12 months · AED 113 per sqft
7 Apr 2021RentedNew contract
AED 45,000/yr12 months · AED 102 per sqft
7 Apr 2014Sold by developerOff-plan
AED 1,138,100AED 2,570 per sqft

Source: Dubai Land Department. Updated 10 October 2026.

Key facts

Type
Studio apartment
Size
443 sqft
Floor
7th of 32
Parking
P2-61
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 1.08M · November 2024

About 712, Prive by Damac Tower B

712 is a studio of 443 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 13 November 2024 for AED 1,080,000, or AED 2,438 per sqft, in line with the AED 2,370 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 10 October 2026, is AED 60,000 a year: a gross yield of 5.6% on the 2024 price.

Sales and rents for 712 over time

Sales
Unit 712, 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, April 2014: AED 1,138,100 (AED 2,570 per sqft)Sold, November 2024: AED 1,080,000 (AED 2,438 per sqft)

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

Rents
Unit 712, 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, April 2021: AED 45,000 a yearNew contract, March 2022: AED 50,000 a yearNew contract, March 2025: AED 80,000 a yearNew contract, April 2026: AED 78,000 a yearNew contract, October 2026: AED 60,000 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 712 sits

All 401 studios →

712 last sold in November 2024 at AED 2,438 per sqft, in line with what studios in Prive by Damac Tower B were fetching at the time (AED 2,370). 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. 712's AED 60,000 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
705StudioAED 1.12M · Jun 2014
706StudioAED 1.02M · Jan 2024
707StudioAED 1M · Feb 2024
1–7 of 16

712, Prive by Damac Tower B in numbers

  • Sold twice: first on 7 April 2014 for AED 1,138,100, last on 13 November 2024 for AED 1,080,000 (AED 2,438 per sqft).
  • Rented since April 2021 on 5 Ejari contracts, from AED 45,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2024 price is 5.6%.
  • 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 October 2026.

Questions about 712, Prive by Damac Tower B

What did unit 712 last sell for?

AED 1,080,000 on 13 November 2024: AED 2,438 per sqft for 443 sqft. The unit has 2 registered sales; the first was AED 1,138,100 in April 2014.

What is the rent for unit 712?

AED 60,000 a year on the contract signed on 10 October 2026. The previous contract, from April 2026, was AED 78,000; the unit has been rented since April 2021.

How big is unit 712?

443 sqft (41.2 sqm): a studio on the 7th floor of a 32-storey tower completed in 2019.

What is unit 712 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 712, Prive by Damac Tower B

Starts from the last sale price (AED 1.08M, 13 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,080,000
Deposit, UAE resident (20%)
AED 216,000
Deposit, non-resident (40%)
AED 432,000
Monthly over 25 years at 3.7%
AED 4,419

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