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Ejari leases to 12 Oct 2026

Prive by DAMAC (B) rents

  • 438 new leases and 184 renewals in 12 months
  • Business Bay
  • near Business Bay Metro Station

A studio here leases for about AED 69,000 a year, in line with the typical Business Bay studio. Renewing tenants pay more than new ones: AED 72,000.

Studio · typical new lease

69,000AEDa year

AED 159/sqft · -8.0% on a year

A month, roughly
AED 5,750
Renewal
AED 72,000
vs Business Bay studio
In line with the median
New leases, 12 months
327
Buying instead? Prive by DAMAC (B) sale prices →

What should a lease in Prive by DAMAC (B) cost?A studio leases for about AED 69,000 a year; renewing tenants pay 4.3% more than new ones

TypeNew leaseRenewalvs Business BayLeases
Studiomost leased69,000159/sqft72,000137 renewalsin linetypical 69,000327
1 bed103,500116/sqft115,02636 renewals7% moretypical 96,50080
2 bed160,000118/sqft150,00011 renewals14% moretypical 140,00031

Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Business Bay median for the type.

Ask an agent about this rent →

Rent history and contracts

Every contract registered with Ejari — data to 2026-10-12.

A studio here now costs 8.0% less than a year earlier: AED 69,000 against 75,000.

Median annual rent by year, Studio, with fainter bars resting on fewer contracts. Too few monthly records in Prive by DAMAC (B) to draw an honest monthly line.

Chart data, Studio: 2020, AED 43,000; latest, 2026, AED 63,000; peak, 2024, AED 75,000.

The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.

About Prive by DAMAC (B)An apartment building in Business Bay, a 10-minute drive from DIFC

Prive by DAMAC (B) is an apartment building completed in 2019 in Business Bay. 622 yearly leases, new and renewed, were registered with Ejari in the last 12 months.

Pinned from Google's place record for the registered name.Open in Google Maps

The building, as registered

Service charge
Paid by the landlord · AED 28.53/sqft a year

Drive times · typical

Downtown
10 min · 3.4 km
DXB Airport
14 min · 14 km
DIFC
10 min · 7.3 km
Dubai Marina
21 min · 23 km
Palm Jumeirah
27 min · 27 km

Nearest, as registered

Metro
Business Bay Metro Station
Mall
Dubai Mall
Landmark
Downtown Dubai

Letting a unit in Prive by DAMAC (B)?What letting a studio here earns

Short-let instead, studio
AED 512
a night on Airbnb; nets 1.5× the yearly rent at 70% occupancy, after fees, cleaning and utilities

Ejari leases to 12 Oct 2026 · Airbnb asking rates for the next 12 months; occupancy is an assumption, not a measurement

Thinking of selling? Prive by DAMAC (B) sale prices →

Comparables in Business Bay

Every Business Bay building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. Prive by DAMAC (B) places 20th of 100; the nearest 8 are shown.

RankBuildingMedian rentAED/yr/sqft12-month changeContracts
16Peninsula TwoAED 90,000153+4.4%—121
17Ahad ResidencesAED 115,000150+2.0%-4.2%119
18Zada TowerAED 71,000149+1.7%-11.3%391
19–20Prive by DAMAC (A), (B)one project rent, 2 towers · includes this buildingAED 75,000147-6.3%438
21Binghatti CanalAED 105,000146-0.9%-6.3%97
22The PadAED 95,000144-2.0%-9.5%83
23MAG 318AED 77,500141-3.9%-3.1%222
24Reva ResidencesAED 75,000138-5.7%-4.9%279

Rank 1 is the dearest per square foot. Differences are against Prive by DAMAC (B).

At studio, Prive by DAMAC (B) ranks 14th of 57 by rent per square foot and 23rd of 47 by gross yield in Business Bay.

Market context in Business Bay

Registered sales activity

2,705 ready apartment sales in the 12 months to 2026-10-12.

+5.4% in median AED/sqft versus the preceding year, supported by 2,705 current and 3,581 prior price observations.

Explore sales activity

Planned apartment projects

10,312 known registered units across 12 pending projects planned within one year of the 2026-07-06 register.

10 projects had already passed their planned date; 6 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

11,591 apartments are planned in Business Bay from 2026 to 2028, equal to 64% of the 18,176 homes let there today.

Ready prices per sqft fell in 50% of 131 buildings (counted once per bedroom type) in Business Bay with sales in both years; the typical one moved −0.1%.

The pooled median moved +5.4%: 5.5 points more than the typical building, because different buildings traded in each year.

New-lease rents fell in 79% of 124 buildings (counted once per bedroom type) with leases in both years; the typical one moved −5.6%.

How these are counted
Find service-charge budget evidence for Prive by DAMAC (B)

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

The Prive by DAMAC towers

2 towers in Prive by DAMAC, at the bedroom type above.

TowerPriceAED/sqftRent a yearGross yield
Prive by DAMAC (A)AED 990,00035 sales2,359AED 69,000project pool7.0%
Prive by DAMAC (B) · this buildingAED 995,00038 sales2,371AED 69,000project pool6.9%

Ejari files Prive by DAMAC’s leases under the project, not a tower, so every tower share one rent: the project figure above, counted once. Prices are each tower’s own registered sales.

Business Bay: every development at this type
DevelopmentRent a yearPriceAED/sqftGross yield
15 Northside2 towers · rent filed for the projectAED 68,00055 contractsAED 1.02M12 sales2,7156.7%
Aykon City 32 towers—noneAED 1.02M4 sales2,286—
Bay Square11 towers · rent filed for the projectAED 76,93054 contractsAED 1.05M11 sales1,5527.3%
Binghatti Aquarise5 towers—noneAED 1.19M165 sales2,591—
Binghatti Skyrise3 towers—noneAED 1.30M229 sales2,921—
DAMAC Towers by Paramount4 towers—noneAED 809,00023 sales1,626—
J One2 towers · rent filed for the projectAED 75,00012 contractsAED 1.10M7 sales1,8066.8%
Peninsula Five3 towers · rent filed for the projectAED 85,00041 contractsAED 1.48M6 sales2,7815.7%
Prive by DAMAC · this development2 towers · rent filed for the projectAED 69,000327 contractsAED 990,00073 sales2,3677.0%
Royal Regency Suites2 towers—noneAED 1.37M8 sales2,481—
The Atria2 towers—none—1 sale, too few——
All of Business Bayevery building, in a project or notAED 65,0002,815 contractsAED 1.13M1,540 sales2,5005.8%

Medians of registered sales and new Ejari leases in the 12 months to 12 Oct 2026, pooled across each development’s towers at studio. A median needs 3 rows; a dash with a count means fewer.

Prices per sq ft around Prive by DAMAC (B), on the map
Pills show median annual rent, AED. 85 buildings pinned from Google place records and Apple geocoding · Prive by DAMAC (B) is the inverted pinOpen in Apple Maps

Ask about Prive by DAMAC (B)

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Common questions

What is the registered annual rent for a studio in Prive by DAMAC (B)?
The median new annual rent is AED 69,000, from 327 Ejari contracts in the trailing 12 months to 2026-10-12. These contracts cover the project, not this tower alone. Compare the same bedroom type; floor, view and condition can change an individual rent.
Have registered rents in Prive by DAMAC (B) risen or fallen?
The median new annual rent changed -8.0% in the trailing 12 months against the previous 12, using 327 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
Do new tenants in Prive by DAMAC (B) pay more than sitting ones?
A new tenant pays -4.2% against a renewing one, across 137 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.
How many apartments change hands in Prive by DAMAC (B)?
38 sales were registered with the Dubai Land Department in the last 12 months, alongside 327 Ejari rental contracts. Every median on this page rests on those counts.
Which metro station is closest to Prive by DAMAC (B)?
Business Bay Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.

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Prive by DAMAC (B) rental record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
327 registered rental contracts in the last 12 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
Canonical record
/rent/apartments/dubai/business-bay/prive-by-damac-b
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Prive by DAMAC (B) rents and yield.” Business Bay, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/business-bay/prive-by-damac-b

Stable dataJSON