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Prive By Damac rent: what tenants really pay
Rent in Prive By Damac, Business Bay: Studio AED 68,000, 1-bed AED 101,000, 2-bed AED 157,500 a year. These are medians of 614 Ejari leases signed 16 Oct 2025–15 Oct 2026. Per sq ft, a Studio here is AED 161, against AED 136 across Business Bay.
Updated 21 Oct 2026 · Source: Dubai Land Department Ejari leases and listing-site adverts · Method
“Prive By Damac: you pay a premium per sq ft here, so check the view and the unit before you sign. Ask the agent what the last tenant signed, then use the table below.”
Know the rent before you sign
What tenants in this building really paid, what landlords ask, and how hard to push.
What the leases say about Prive By Damac
- Per sq ft, a Studio here costs 19% more than the Business Bay median: AED 161 against AED 136. It is number 33 of 47 Business Bay buildings, cheapest first.
- Homes here are smaller than usual. The median Studio here is 431 sq ft. That is 6% below the Business Bay median of 459 sq ft.
- New Studio tenants pay AED 68,000, renewing tenants AED 72,000. For the same home, renewing is more expensive than moving in: a new tenant pays 9% less.
- New-lease rent per sq ft fell 14% on the year, to AED 146 a sq ft.
- 125 leases end in the next 60 days, so more homes may become available soon.
Rent in Prive By Damac by bedrooms
AED a year, medians. Signed: Ejari leases 16 Oct 2025–15 Oct 2026. Asking: adverts on 16 Oct 2026, matched by building name.
| Home | New lease | Renewal | Asking | Size sq ft | AED / sq ft | Leases |
|---|---|---|---|---|---|---|
| Studio | 68,000 | 72,000 | – | 431 | 161 | 462 |
| 1-bed | 101,000 | 115,052 | – | 955 | 121 | 114 |
| 2-bed | 157,500 | – | – | 1,381 | 116 | 38 |
Where Prive By Damac is, and the buildings around it
We do not hold the exact position of Prive By Damac yet; the map shows Business Bay.
Click a building to see its rents. Rents shown are median new leases, 16 Oct 2025–15 Oct 2026.
Finding
A new Studio tenant in Prive By Damac pays 9% less than a renewing one for the same home.
New lease against renewal: same building, same bedrooms, size within 15%
- For a Studio in this building, new tenants pay less than renewing tenants.
- If you renew, ask for the new-lease price.
- The renewal figure shows what the landlord accepts from tenants he wants to keep.
- Renew or move →
Finding
New-lease rent per sq ft in Prive By Damac fell 14% on the year.
Median new lease, AED a sq ft, by quarter
AED 146 a sq ft in the 12 months to 15 Oct 2026, against AED 170 the year before. Quarters with fewer than 10 new leases are left out of the chart.
Supply
125 leases in Prive By Damac end in the next 60 days.
Leases ending soon: homes that may become available
Some will renew, some will come back to the market. More homes free means more room to negotiate. Ask agents about units with a lease ending soon.
Compare: other Business Bay buildings, Studio
| Building | New lease | Size sq ft | AED / sq ft | Leases |
|---|---|---|---|---|
| Sol Bay | 68,000 | 518 | 131 | 67 |
| Millennium Binghatti Residences Business Bay | 67,000 | 522 | 133 | 57 |
| Mag 318 | 70,000 | 440 | 165 | 198 |
| The Paragon By Igo | 70,000 | 431 | 164 | 43 |
| West Wharef Tower | 70,000 | 605 | 116 | 22 |
| The Court | 65,500 | 525 | 134 | 55 |
| 15 Northside | 65,000 | 378 | 180 | 71 |
| Peninsula Two | 65,000 | 408 | 154 | 46 |
Buying in Business Bay? Sale prices, every tower, resale and off-plan: Business Bay on BUY DUBAI →
Questions
How much is rent in Prive By Damac?
Rent in Prive By Damac, Business Bay: Studio AED 68,000, 1-bed AED 101,000, 2-bed AED 157,500 a year. These are medians of 614 Ejari leases signed 16 Oct 2025–15 Oct 2026. Per sq ft, a Studio here is AED 161, against AED 136 across Business Bay.
How much is a studio in Prive By Damac?
The median rent for a new Studio lease in Prive By Damac is AED 68,000 a year (AED 5,667 a month). The median size is 431 sq ft. This is from 317 new leases, 16 Oct 2025–15 Oct 2026.
How much is a 1 bedroom in Prive By Damac?
The median rent for a new 1-bed lease in Prive By Damac is AED 101,000 a year (AED 8,417 a month). The median size is 955 sq ft. This is from 78 new leases, 16 Oct 2025–15 Oct 2026.
How much is a 2 bedroom in Prive By Damac?
The median rent for a new 2-bed lease in Prive By Damac is AED 157,500 a year (AED 13,125 a month). The median size is 1,381 sq ft. This is from 28 new leases, 16 Oct 2025–15 Oct 2026.
Is it cheaper to renew or move in Prive By Damac?
For a Studio, new tenants pay a median AED 68,000 and renewing tenants AED 72,000. For the same home, a new tenant pays 9% less.
Is rent going up in Prive By Damac?
Rent per sq ft on new leases in Prive By Damac: AED 146 in the 12 months to 15 Oct 2026, against AED 170 the year before.
What are the alternatives to Prive By Damac in Business Bay?
Similar rent for a Studio: Sol Bay AED 68,000, Millennium Binghatti Residences Business Bay AED 67,000, Mag 318 AED 70,000, The Paragon By Igo AED 70,000.
How we worked it out, and the limits
Updated 21 Oct 2026. Source: Dubai Land Department Ejari rent contracts. We use homes only, one unit for each contract, starting 16 Oct 2025–15 Oct 2026. "New" is a new tenant or a new contract. "Renewal" is the same contract, renewed. Bedrooms come from the Ejari unit type. "3 bed" means 3 or more. Every rent is a median: half the leases are above it. A figure needs 10 or more leases. A page needs 30 or more.
This building. Leases are matched by the Ejari project name "PRIVE BY DAMAC". 614 leases 16 Oct 2025–15 Oct 2026, 423 new. First leases in our records: 2024. Adverts are matched by name and may include a neighbouring building.
Full method: What the leases say → · Checking a rent rise? Rent increase calculator →
Sale prices, resale and off-plan, tower facts and developer photos: BUY DUBAI, our sister site for buyers. Rents: Dubai Land Department Ejari leases.