1-bed · 933 sqftPrive by Damac Tower B, Business Bay · 7th floor · completed 2019

717, Prive by Damac Tower B

Sold prices and rental history: sold once, by the developer in June 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 717 · DLD and Ejari recordsUpdated 12 June 2014
Last soldAED 2.22M12 June 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 717, Prive by Damac Tower B

What is 717 worth today?

Last sold for AED 2,222,050 in 2014

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12 Jun 2014Sold by developerOff-plan
AED 2,222,050AED 2,380 per sqft

Source: Dubai Land Department. Updated 12 June 2014.

Key facts

Type
1-bed apartment
Size
933 sqft
Floor
7th of 32
Parking
P2-66
Developer
Namaa Properties Development
Completed
2019
Last sold
AED 2.22M · June 2014

About 717, Prive by Damac Tower B

717 is a one-bedroom apartment of 933 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 12 June 2014 for AED 2,222,050, or AED 2,380 per sqft, in line with the AED 2,401 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 717 over time

Sales
Unit 717, each saleTypical one-bed in Prive by Damac Tower B
1.5M2M2.5M2014201820222026Typical sale price by year: 2014 AED 2,440,800; 2017 AED 1,992,000; 2018 AED 1,830,150; 2019 AED 2,113,000; 2020 AED 1,569,985; 2021 AED 1,470,425; 2022 AED 1,740,925; 2023 AED 1,700,000; 2024 AED 1,600,500; 2025 AED 1,600,000; 2026 AED 1,762,386Sold by developer, June 2014: AED 2,222,050 (AED 2,380 per sqft)

717 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 717, each contractTypical one-bed in Prive by Damac Tower B
75K100K125K2020202220242026Typical rent by year: 2020 AED 75,500; 2021 AED 80,000; 2022 AED 90,000; 2023 AED 110,000; 2024 AED 115,000; 2025 AED 120,000; 2026 AED 100,000

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Prive by Damac Tower B, and where 717 sits

All 88 1-beds →

717 last sold in June 2014 at AED 2,380 per sqft, in line with what one-beds in Prive by Damac Tower B were fetching at the time (AED 2,401). Over the last 12 months one-beds sold for AED 1,700,000 to 2,280,000, around AED 1,986 per sqft, and rent for AED 80,000 to 168,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Sep 20261,824,772
17 Feb 20261,700,000
5 Feb 20261,700,000
27 Jan 20262,280,000
4 1-bed 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

717, Prive by Damac Tower B in numbers

  • Sold once: by Namaa Properties Development on 12 June 2014 for AED 2,222,050, or AED 2,380 per sqft.
  • One-beds in Prive by Damac Tower B sold for AED 1,700,000–2,280,000 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 12 June 2014.

Questions about 717, Prive by Damac Tower B

What did unit 717 last sell for?

AED 2,222,050 on 12 June 2014, sold by the developer: AED 2,380 per sqft for 933 sqft. It is the only registered sale of the unit.

How big is unit 717?

933 sqft (86.7 sqm): a one-bedroom apartment on the 7th floor of a 32-storey tower completed in 2019.

What is unit 717 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Prive by Damac Tower B sold for AED 1,700,000 to 2,280,000 in the last 12 months, around AED 1,986 per sqft.

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Mortgage on 717, Prive by Damac Tower B

Starts from the last sale price (AED 2.22M, 12 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,222,050
Deposit, UAE resident (20%)
AED 444,410
Deposit, non-resident (40%)
AED 888,820
Monthly over 25 years at 3.7%
AED 9,091

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