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1-bed · 939 sqftDAMAC Royale (Damac Towers) by Paramount Tower A, Business Bay · 33rd floor · completed 2018

3304, DAMAC Royale (Damac Towers) by Paramount Tower A

Sold prices and rental history: sold once, by the developer in September 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3304 · DLD and Ejari recordsUpdated 16 September 2013
Last soldAED 2.06M16 September 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3304, DAMAC Royale (Damac Towers) by Paramount Tower A

What is 3304 worth today?

Last sold for AED 2,055,900 in 2013

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16 Sep 2013Sold by developerOff-plan
AED 2,055,900AED 2,189 per sqft

Source: Dubai Land Department. Updated 16 September 2013.

Key facts

Type
1-bed hotel apartment
Size
939 sqft
Floor
33rd of 69
Parking
P5-20
Developer
DAMAC
Completed
2018
Service charge
AED 26,900 /yr
Last sold
AED 2.06M · September 2013
Building
DAMAC Royale (Damac Towers) by Paramount Tower A

About 3304, DAMAC Royale (Damac Towers) by Paramount Tower A

3304 is a one-bedroom hotel apartment of 939 sqft on the 33rd 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 16 September 2013 for AED 2,055,900, or AED 2,189 per sqft, in line with the AED 2,180 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3304 over time

Sales
Unit 3304, 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, September 2013: AED 2,055,900 (AED 2,189 per sqft)

3304 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3304, each contractTypical one-bed in DAMAC Royale (Damac Towers) by Paramount Tower A
80K100K20192021202320252027Typical 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 91,200

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 3304 sits

All 199 1-beds →

3304 last sold in September 2013 at AED 2,189 per sqft, in line with what one-beds in DAMAC Royale (Damac Towers) by Paramount Tower A were fetching at the time (AED 2,180). 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.

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 →

Other units on the 33rd floor

All 398 units in DAMAC Royale (Damac Towers) by Paramount Tower A
Value
33012-bedAED 2.11M · Feb 2022
33021-bedAED 1.19M · Oct 2020
33031-bedAED 1.22M · Oct 2022
33053-bedAED 3.24M · Oct 2024
33061-bedAED 1.2M · Feb 2021
33072-bedAED 2.49M · Jul 2022

3304, DAMAC Royale (Damac Towers) by Paramount Tower A in numbers

  • Sold once: by DAMAC on 16 September 2013 for AED 2,055,900, or AED 2,189 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 16 September 2013.

Questions about 3304, DAMAC Royale (Damac Towers) by Paramount Tower A

What did unit 3304 last sell for?

AED 2,055,900 on 16 September 2013, sold by the developer: AED 2,189 per sqft for 939 sqft. It is the only registered sale of the unit.

How big is unit 3304?

939 sqft (87.2 sqm): a one-bedroom hotel apartment on the 33rd floor of a 69-storey tower completed in 2018.

What is unit 3304 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 3304, DAMAC Royale (Damac Towers) by Paramount Tower A

Starts from the last sale price (AED 2.06M, 16 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,055,900
Deposit, UAE resident (20%)
AED 411,180
Deposit, non-resident (40%)
AED 822,360
Monthly over 25 years at 3.7%
AED 8,411

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