2902, DAMAC Royale (Damac Towers) by Paramount Tower A
Sold prices and rental history: sold once, by the developer in April 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2902, DAMAC Royale (Damac Towers) by Paramount Tower A
What is 2902 worth today?
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Source: Dubai Land Department. Updated 1 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 956 sqft
- Floor
- 29th of 69
- Parking
- P4-266
- Developer
- DAMAC
- Completed
- 2018
- Service charge
- AED 27,400 /yr
- Last sold
- AED 2.38M · April 2014
About 2902, DAMAC Royale (Damac Towers) by Paramount Tower A
2902 is a one-bedroom apartment of 956 sqft on the 29th 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 7 April 2014 for AED 2,375,000, or AED 2,484 per sqft, 14% above the AED 2,179 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 1 August 2026, is AED 80,000 a year: a gross yield of 3.4% on the 2014 price, before the service charge of about AED 27,400 a year.
Sales and rents for 2902 over time
2902 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 2902 sits
All 199 1-beds →2902 last sold in April 2014 at AED 2,484 per sqft, 14% above what one-beds in DAMAC Royale (Damac Towers) by Paramount Tower A were fetching at the time (AED 2,179). 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. 2902's AED 80,000 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 29th floor
All 398 units in DAMAC Royale (Damac Towers) by Paramount Tower A| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2901 | 2-bed | 1,394 sqft | AED 2MAED 2,000,000 · May 2024May 2024 | 120,000 /yr | |
| 2903 | 1-bed | 929 sqft | AED 980KAED 980,000 · Nov 2020November 2020 | 90,000 /yr | |
| 2904 | 1-bed | 939 sqft | AED 2.03MAED 2,032,050 · May 2013May 2013 | 90,000 /yr | |
| 2905 | 3-bed | 1,747 sqft | AED 3.89MAED 3,890,520 · May 2013May 2013 | ||
| 2906 | 1-bed | 1,055 sqft | AED 2.43MAED 2,429,720 · May 2013May 2013 | 110,000 /yr | |
| 2907 | 2-bed | 1,515 sqft | AED 2.68MAED 2,684,220 · Dec 2023December 2023 |
2902, DAMAC Royale (Damac Towers) by Paramount Tower A in numbers
- Sold once: by DAMAC on 7 April 2014 for AED 2,375,000, or AED 2,484 per sqft.
- Rented since January 2019 on 8 Ejari contracts. The rent fell from AED 95,000 to AED 60,000 in 2020 and recovered to AED 80,000 by August 2026.
- At AED 80,000 a year the gross yield on the 2014 price is 3.4%, before a service charge of about AED 27,400 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 August 2026.
Questions about 2902, DAMAC Royale (Damac Towers) by Paramount Tower A
What did unit 2902 last sell for?
AED 2,375,000 on 7 April 2014, sold by the developer: AED 2,484 per sqft for 956 sqft. It is the only registered sale of the unit.
What is the rent for unit 2902?
AED 80,000 a year on the contract signed on 1 August 2026. The previous contract, from December 2023, was AED 98,000; the unit has been rented since January 2019.
How big is unit 2902?
956 sqft (88.8 sqm): a one-bedroom apartment on the 29th floor of a 69-storey tower completed in 2018.
What is unit 2902 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 2902, DAMAC Royale (Damac Towers) by Paramount Tower A
Starts from the last sale price (AED 2.38M, 7 April 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 2,375,000
- Deposit, UAE resident (20%)
- AED 475,000
- Deposit, non-resident (40%)
- AED 950,000
- Monthly over 25 years at 3.7%
- AED 9,717
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →