Prive By Damac Tower A
2 BR · Apartment
About the building
Located in Business Bay, completed in 2019. Developer — Damac Properties. Architect — LACASA Architects & Engineering Consultants.
What the building has
- Swimming pool
- Children's area
- 24/7 security
Where it is
The pin is placed by project — accurate to the development, not the door.
Business Bay
The canal district next to Downtown: conceived as offices, built mostly as apartments, now one of the most tenanted parts of the city.
- central location at a discount
- short-let on the canal
- deep tenant demand
What to check: Quality varies enormously between towers here. Walk the building on a normal weekday and get three years of service charge history before you offer — in Business Bay the building matters far more than the district average.
Full district guide →Questions and answers about lot P3-145012
How much is this 2-bedroom apartment in Prive By Damac Tower A?
Lot P3-145012 is priced at AED 2 730 000, about $743 000. The size is 1 268 sq ft (118 m²), which works out at AED 2 153 per sq ft.
Is there a discount on this lot?
There is no recorded price cut: the lot is in the database at the seller's asking price. The comparisons below show how that price sits against the market.
Is this expensive or cheap for Business Bay?
The database holds 360 lots in Business Bay. The area median is AED 2 873 per sq ft; this lot, at AED 2 153, is 25% below it. 107 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Business Bay area guide →Is the property ready or still under construction?
According to the listing, the property is ready. The project passport gives 2019 as the completion year.
Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes to both residents and non-residents. For this lot: a resident puts down from 20%, here AED 546 000; a loan of AED 2 184 000 over 25 years at 3.75–4.99% a year comes to roughly AED 11 200–12 800 a month. A non-resident puts down from 40% (AED 1 092 000) and pays about AED 8 400–9 600 a month. The bank approves the rate and the amount.
Run your own numbers in the mortgage calculator →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 109 200 for this lot. On a ready property the registration trustee fee of AED 4 200 is added. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.
Does buying this lot qualify for a UAE residence visa?
On price, yes: the 10-year Golden Visa is granted for property from AED 2 000 000, and this lot is priced at AED 2 730 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →What is known about Prive By Damac Tower A?
The building has 36 floors. The developer is Damac. Completion year: 2019. Figures are from the project passport: Propsearch and the Dubai Land Department.
How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code P3-145012 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Nearby in Business Bay
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