DAMAC Prive Residence
- AVA001028DAMAC Prive Residence, Marasi Drive, Business Bay, Dubai, United Arab Emirates
DAMAC Prive Residence
- AVA001028DAMAC Prive Residence, Marasi Drive, Business Bay, Dubai, United Arab Emirates
DAMAC Prive is an exceptional collection of apartments offering panoramic views of the Dubai Canal and beyond, complemented by luxurious interiors. Positioned at the heart of Business Bay along Marasi Drive, the two-tower development places residents on the waterfront while keeping Sheikh Zayed Road, Downtown Dubai and the city's landmarks within easy reach - approximately 9 minutes to The Dubai Mall and Burj Khalifa, 9 minutes to Jumeirah Beach and 10 minutes to Mall of the Emirates. An impressive choice of fully fitted and furnished studios, one and two-bedroom apartments is designed to impress, with quality finishes, premium fittings and splendid furnishings. Each ready-to-move-in home features high-class interiors, a fully fitted ultra-modern kitchen and spacious deluxe bathrooms. The development is complemented by a grand lobby, a fully fitted health club and spa, a temperature-controlled swimming pool, manicured landscaped open spaces and a children's play area. Now complete and delivered, DAMAC Prive offers a turnkey waterfront lifestyle at the beating heart of Business Bay, with units currently offered at limited-time promotional prices.
Property Details
- Micro-market
- Business Bay / Dubai
- Configuration
- Apartment
- Property Type
- Apartment
- Built-up Area
- 796 sq ft
- Status
- Completed
Project Timeline
Key milestones for this project, updated as the developer confirms them.
Project announcement
Booking Started
Construction Started
Completion
Available Properties
Project variants for under-construction developments — unit types, sizes, starting prices and possession dates.
Inventory Type
| Variant | Size | Starting Price | Possession | CTA |
|---|---|---|---|---|
| Studio | — | AED 716K | Completed | |
| 1 BHK | — | AED 1.54M | Completed | |
| 2 BHK | — | AED 2.7M | Completed |
Property Information
- Community: Business Bay
- Project Name: DAMAC Prive Residence
- Listing Price: AED 1.54M
- List Date: Aug 26, 2026
- Days on Market: 0
- Listing ID: AVA001028
- Status: Completed
- Construction Type: Two-tower canal-front project
- Security: 24/7 security
- Pool: Temperature-controlled swimming pool
Legal Information
Indicative legal & tax information based on available documents; verify with your lawyer before transacting.
- RERA Applicable
- Yes
- Occupancy Certificate
- No
- Authority
- Dubai Land Department (RERA)
- Fire NOC
- No
Can you own this, and how?
Ownership rights depend on three things: the type of asset, where it sits, and who you are as a buyer. Here is the framework for this property, before you speak to a lawyer.
I am buying as:
- Status
- Permitted, freehold anywhere in Dubai
- What you actually hold
- You hold freehold title registered with the Dubai Land Department. There is no area restriction on where you may own.
- Key rules and restrictions
- GCC nationals are treated on the same footing as UAE nationals for ownership purposes.
- A company owned wholly by GCC nationals gets the same treatment.
- Some master communities impose their own transfer conditions through the developer.
- Funds and process
- Pay through UAE banking channels. The transfer completes at a Dubai Land Department trustee office where the title deed is issued on the day.
- Taxes
- The Dubai Land Department transfer fee is 4% of the price, split 2% each in law but paid in full by the buyer in most deals, plus a trustee office fee and a title deed issuance fee. There is no annual property tax and no capital gains tax in the UAE.
- Verify before you buy
- Get a title deed copy and check it against the Dubai REST app.
- Ask for the developer no-objection certificate confirming service charges are clear.
Buyer orientation, not legal advice. Ownership rules change and turn on specifics. Confirm with a qualified lawyer in the UAE before you commit.
Investment Information
- Type: Completed DAMAC Business Bay tower; furnished apartments at promotional prices
- Capital Appreciation: 8%
- Property Tax Jurisdiction: UAE - 0% property tax on residential
Location
DAMAC Prive Residence, Marasi Drive, Business Bay, Dubai, United Arab Emirates
- Airport: Dubai International Airport - 15.2 km
- Railway: Business Bay Metro Station - 1.8 km
- Highway: Sheikh Zayed Road (E11) - 1.3 km
- Hospital: Emirates Hospital Clinic - 1.2 km
- Grocery: Spinneys Bay Avenue - 1.0 km
- Tourist hub: The Dubai Mall - 1.8 km
Nearby Attractions
Fine-grained ratings and travel times for popular spots nearby.
| Rating | Attraction | Type | Best Time to Visit | Distance |
|---|---|---|---|---|
| 9 / 10 | The Dubai Mall | Shopping Mall | Early morning | 1.8 km |
| 9.5 / 10 | Burj Khalifa | Landmark | Sunset | 1.4 km |
| 8.5 / 10 | Dubai Aquarium & Underwater Zoo | Leisure | Morning | 1.7 km |
| 9 / 10 | Fountains at Dubai Mall | Leisure | Evening | 1.3 km |
| 9.6 / 10 | La Perle | Entertainment | Evening | 2.5 km |
| 9 / 10 | Dubai Water Canal | Landmark | Sunset | 1.4 km |
Investment Calculator
Calculate your EMI, returns and investment potential
₹10,010.341
per month
20 years • 8.5% interest • Fixed rate
₹10K
Monthly EMI
Investment Returns
8%
Expected ROI
0%
Rental Yield
Bank Interest Rates
Investment Summary
This calculator is for illustrative purposes only.
Rental Yield Calculator
Calculate potential returns on rental property investments
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Net Rental Yield
4.2%
Monthly Income
₹5K
Rental Breakdown
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