2002, DAMAC Royale (Damac Towers) by Paramount Tower A
Sold prices and rental history: sold once, by the developer in May 2013, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2002, DAMAC Royale (Damac Towers) by Paramount Tower A
What is 2002 worth today?
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Source: Dubai Land Department. Updated 1 March 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 998 sqft
- Floor
- 20th of 69
- Parking
- P4-8
- Developer
- DAMAC
- Completed
- 2018
- Service charge
- AED 28,600 /yr
- Last sold
- AED 2.07M · May 2013
About 2002, DAMAC Royale (Damac Towers) by Paramount Tower A
2002 is a one-bedroom apartment of 998 sqft on the 20th floor of DAMAC Royale (Damac Towers) by Paramount Tower A, a 69-storey tower in Business Bay completed in 2018 by DAMAC. The developer sold it on 11 May 2013 for AED 2,066,400, or AED 2,069 per sqft, 4% below the AED 2,160 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 1 March 2026, is AED 105,000 a year: a gross yield of 5.1% on the 2013 price, before the service charge of about AED 28,600 a year.
Sales and rents for 2002 over time
2002 has sold once; the dashed line is the one-bed median of each year in the building.
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 2002 sits
All 199 1-beds →2002 last sold in May 2013 at AED 2,069 per sqft, 4% below what one-beds in DAMAC Royale (Damac Towers) by Paramount Tower A were fetching at the time (AED 2,160). 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. 2002's AED 105,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Oct 202619 October 2026 | 929 sqft | 1,150,000 | 1,237 | ||
| 2 Sep 20262 September 2026 | 1,055 sqft | 1,490,000 | 1,412 | ||
| 29 Aug 202629 August 2026 | 945 sqft | 1,500,000 | 1,587 | ||
| 24 Aug 202624 August 2026 | 945 sqft | 1,300,000 | 1,375 |
DAMAC Royale (Damac Towers) by Paramount Tower A
Building398 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%
Other units on the 20th floor
All 398 units in DAMAC Royale (Damac Towers) by Paramount Tower A| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 2-bed | 1,394 sqft | AED 1.75MAED 1,750,000 · Sep 2026September 2026 | ||
| 2003 | 1-bed | 929 sqft | AED 1.33MAED 1,328,796 · Sep 2025September 2025 | 120,000 /yr | |
| 2004 | 1-bed | 940 sqft | AED 1.91MAED 1,906,500 · May 2013May 2013 | 90,000 /yr | |
| 2005 | 3-bed | 1,746 sqft | AED 3.64MAED 3,636,000 · Sep 2013September 2013 | 160,000 /yr | |
| 2006 | 1-bed | 1,055 sqft | AED 2.28MAED 2,279,600 · May 2013May 2013 | 105,000 /yr | |
| 2007 | 2-bed | 1,515 sqft | AED 1.93MAED 1,933,000 · Jan 2025January 2025 |
2002, DAMAC Royale (Damac Towers) by Paramount Tower A in numbers
- Sold once: by DAMAC on 11 May 2013 for AED 2,066,400, or AED 2,069 per sqft.
- Rented since March 2020 on 7 Ejari contracts. The rent fell from AED 75,000 to AED 65,000 in 2021 and recovered to AED 105,000 by March 2026.
- At AED 105,000 a year the gross yield on the 2013 price is 5.1%, before a service charge of about AED 28,600 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 1 March 2026.
Questions about 2002, DAMAC Royale (Damac Towers) by Paramount Tower A
What did unit 2002 last sell for?
AED 2,066,400 on 11 May 2013, sold by the developer: AED 2,069 per sqft for 998 sqft. It is the only registered sale of the unit.
What is the rent for unit 2002?
AED 105,000 a year on the contract renewed on 1 March 2026. The previous contract, from March 2025, was AED 105,000; the unit has been rented since March 2020.
How big is unit 2002?
998 sqft (92.7 sqm): a one-bedroom apartment on the 20th floor of a 69-storey tower completed in 2018.
What is unit 2002 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 2002, DAMAC Royale (Damac Towers) by Paramount Tower A
Starts from the last sale price (AED 2.07M, 11 May 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 2,066,400
- Deposit, UAE resident (20%)
- AED 413,280
- Deposit, non-resident (40%)
- AED 826,560
- Monthly over 25 years at 3.7%
- AED 8,454
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →