1-bed · 1,055 sqftDAMAC Royale (Damac Towers) by Paramount Tower A, Business Bay · 13th floor · completed 2018

1306, DAMAC Royale (Damac Towers) by Paramount Tower A

Sold prices and rental history: sold twice, last in May 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1306 · DLD and Ejari recordsUpdated 29 January 2026
Last soldAED 1.21M18 May 2022
Current rentAED 140K /yr29 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1306, DAMAC Royale (Damac Towers) by Paramount Tower A

What is 1306 worth today?

Last sold for AED 1,212,170 in 2022

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29 Jan 2026RentedNew contract
AED 140,000/yr12 months · AED 133 per sqft
18 May 2022SoldReady
AED 1,212,170AED 1,148 per sqft
8 Dec 2021RentedRenewal
AED 70,000/yr12 months · AED 66 per sqft
8 Dec 2020RentedRenewal
AED 70,000/yr12 months · AED 66 per sqft
8 Dec 2019RentedNew contract
AED 70,000/yr12 months · AED 66 per sqft
16 Jun 2013Sold by developerOff-plan
AED 2,279,600AED 2,160 per sqft

Source: Dubai Land Department. Updated 29 January 2026.

Key facts

Type
1-bed apartment
Size
1,055 sqft
Floor
13th of 69
Parking
P3-169
Developer
DAMAC
Completed
2018
Service charge
AED 30,200 /yr
Last sold
AED 1.21M · May 2022

About 1306, DAMAC Royale (Damac Towers) by Paramount Tower A

1306 is a one-bedroom apartment of 1,055 sqft on the 13th floor of DAMAC Royale (Damac Towers) by Paramount Tower A, a 69-storey tower in Business Bay completed in 2018 by DAMAC. It last sold on 18 May 2022 for AED 1,212,170, or AED 1,148 per sqft, 5% below the AED 1,207 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 29 January 2026, is AED 140,000 a year: a gross yield of 11.6% on the 2022 price, before the service charge of about AED 30,200 a year.

Sales and rents for 1306 over time

Sales
Unit 1306, each saleTypical one-bed in DAMAC Royale (Damac Towers) by Paramount Tower A
1M2M2013201720212025Typical sale price by year: 2013 AED 2,074,100; 2014 AED 2,349,460; 2016 AED 2,145,900; 2017 AED 1,983,143; 2018 AED 2,161,824; 2019 AED 1,150,000; 2020 AED 1,172,500; 2021 AED 1,179,000; 2022 AED 1,280,250; 2023 AED 1,400,000; 2024 AED 1,475,000; 2025 AED 1,500,000; 2026 AED 1,421,550Sold by developer, June 2013: AED 2,279,600 (AED 2,160 per sqft)Sold, May 2022: AED 1,212,170 (AED 1,148 per sqft)

1306 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1306, each contractTypical one-bed in DAMAC Royale (Damac Towers) by Paramount Tower A
100K150K20192021202320252027Typical rent by year: 2019 AED 75,000; 2020 AED 70,000; 2021 AED 70,000; 2022 AED 85,000; 2023 AED 100,000; 2024 AED 105,000; 2025 AED 105,000; 2026 AED 91,200New contract, December 2019: AED 70,000 a yearRenewal, December 2020: AED 70,000 a yearRenewal, December 2021: AED 70,000 a yearNew contract, January 2026: AED 140,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in DAMAC Royale (Damac Towers) by Paramount Tower A, and where 1306 sits

All 199 1-beds →

1306 last sold in May 2022 at AED 1,148 per sqft, 5% below what one-beds in DAMAC Royale (Damac Towers) by Paramount Tower A were fetching at the time (AED 1,207). Over the last 12 months one-beds sold for AED 1,100,000 to 2,133,700, around AED 1,494 per sqft, and rent for AED 72,000 to 190,000 a year. 1306's AED 140,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Oct 20261,150,000
2 Sep 20261,490,000
29 Aug 20261,500,000
24 Aug 20261,300,000
20 1-bed sales in the last 12 months

DAMAC Royale (Damac Towers) by Paramount Tower A

Building

398 apartments, 1-bed to 4-bed over 69 floors in Business Bay, completed in 2018 by DAMAC. 43 sold in the last 12 months.

Typical price per sqft
AED 1,508 Down 5.3%
Typical sale
AED 2.02M
Typical rent
AED 110K /yr
Typical yield
6.5%
DAMAC Royale (Damac Towers) by Paramount Tower A, Business Bay: prices, sales and rents →
Value
13012-bedAED 3.05M · May 2013
13021-bedAED 2.07M · Aug 2014
13031-bedAED 1.25M · Sep 2022
13041-bedAED 1.91M · Jul 2013
13053-bedAED 3.64M · Jul 2013
13072-bedAED 2.71M · Feb 2023

1306, DAMAC Royale (Damac Towers) by Paramount Tower A in numbers

  • Sold twice: first on 16 June 2013 for AED 2,279,600, last on 18 May 2022 for AED 1,212,170 (AED 1,148 per sqft).
  • Rented since December 2019 on 4 Ejari contracts, from AED 70,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2022 price is 11.6%, before a service charge of about AED 30,200 a year (AED 28.65 per sqft).
  • One-beds in DAMAC Royale (Damac Towers) by Paramount Tower A sold for AED 1,100,000–2,133,700 in the 12 months to November 2026; the building's median across all types is AED 1,508 per sqft.

Source: Dubai Land Department. Updated 29 January 2026.

Questions about 1306, DAMAC Royale (Damac Towers) by Paramount Tower A

What did unit 1306 last sell for?

AED 1,212,170 on 18 May 2022: AED 1,148 per sqft for 1,055 sqft. The unit has 2 registered sales; the first was AED 2,279,600 in June 2013.

What is the rent for unit 1306?

AED 140,000 a year on the contract signed on 29 January 2026. The previous contract, from December 2021, was AED 70,000; the unit has been rented since December 2019.

How big is unit 1306?

1,055 sqft (98.0 sqm): a one-bedroom apartment on the 13th floor of a 69-storey tower completed in 2018.

What is unit 1306 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in DAMAC Royale (Damac Towers) by Paramount Tower A sold for AED 1,100,000 to 2,133,700 in the last 12 months, around AED 1,494 per sqft.

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Mortgage on 1306, DAMAC Royale (Damac Towers) by Paramount Tower A

Starts from the last sale price (AED 1.21M, 18 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,212,170
Deposit, UAE resident (20%)
AED 242,434
Deposit, non-resident (40%)
AED 484,868
Monthly over 25 years at 3.7%
AED 4,959

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →