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 | - | ₹1.87 Cr | Completed | |
| 1 BHK | - | ₹4.01 Cr | Completed | |
| 2 BHK | - | ₹7.02 Cr | Completed |
Amenities
Indoor
- Grand lobby
- Fully fitted health club and spa
Outdoor
- Temperature-controlled swimming pool
- Manicured landscaped open spaces
- Children's play area
Other
- Fully fitted and furnished studios, one and two-bedroom apartments
- Panoramic Dubai Canal and city views
- Ready-to-move-in furnished homes
- Fully fitted ultra-modern kitchen
- Spacious deluxe bathrooms
- Waterfront retail podium
Property Information
- Community: Business Bay
- Project Name: DAMAC Prive Residence
- Listing Price: Starting from ₹4.01 Cr
- List Date: Aug 26, 2026
- Listing ID: AVA001028
- Status: Completed
- Construction Type: Two-tower canal-front project
- Security: 24/7 security
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
- Property Tax Jurisdiction: UAE - 0% property tax on residential
About the developer
DAMAC Properties is a Dubai-headquartered residential developer founded in 2002 by Hussain Sajwani, and one of the largest private developers in the UAE. It builds master communities and towers in Dubai and internationally, and is known for fashion-branded residences developed with houses such as Versace and Cavalli. The company was previously listed on the Dubai Financial Market and is now privately held by the Sajwani family.
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
Around this home
The home plus curated, verified places nearby — each with its own guide.
Ownership economics
Will this home pay for itself?
1Buy
What you pay to own it.
2Earn
What it brings in as a holiday rental.
3Grow
What it could be worth.
Social Infrastructure
Key education, healthcare, and dining amenities near this property.