5406, DAMAC Royale (Damac Towers) by Paramount Tower A
Sold prices and rental history: sold 3 times, last in June 2026, 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 5406, DAMAC Royale (Damac Towers) by Paramount Tower A
What is 5406 worth today?
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Source: Dubai Land Department. Updated 11 June 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,517 sqft
- Floor
- 54th of 69
- Parking
- P7-1
- Developer
- DAMAC
- Completed
- 2018
- Service charge
- AED 43,500 /yr
- Last sold
- AED 2.14M · June 2026
About 5406, DAMAC Royale (Damac Towers) by Paramount Tower A
5406 is a two-bedroom apartment of 1,517 sqft on the 54th 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 11 June 2026 for AED 2,138,254, or AED 1,409 per sqft, 15% below the AED 1,650 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 3 April 2024, is AED 120,000 a year: a gross yield of 5.6% on the 2026 price, before the service charge of about AED 43,500 a year.
Sales and rents for 5406 over time
5406 has sold 3 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in DAMAC Royale (Damac Towers) by Paramount Tower A, and where 5406 sits
All 119 2-beds →5406 last sold in June 2026 at AED 1,409 per sqft, 15% below what two-beds in DAMAC Royale (Damac Towers) by Paramount Tower A were fetching at the time (AED 1,650). Over the last 12 months two-beds sold for AED 1,750,000 to 3,029,180, around AED 1,523 per sqft, and rent for AED 85,000 to 330,000 a year. 5406's AED 120,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Oct 202626 October 2026 | 1,388 sqft | 2,769,250 | 1,995 | ||
| 22 Oct 202622 October 2026 | 1,485 sqft | 2,013,551 | 1,356 | ||
| 20 Oct 202620 October 2026 | 1,632 sqft | 2,600,000 | 1,593 | ||
| 29 Sep 202629 September 2026 | 1,388 sqft | 2,683,640 | 1,934 |
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 54th floor
All 398 units in DAMAC Royale (Damac Towers) by Paramount Tower A| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5401 | 3-bed | 1,950 sqft | AED 2MAED 2,000,000 · Nov 2020November 2020 | 105,000 /yr | |
| 5402 | 2-bed | 1,388 sqft | AED 3MAED 2,995,570 · Dec 2013December 2013 | 140,000 /yr | |
| 5403 | 1-bed | 942 sqft | AED 1.88MAED 1,883,250 · Nov 2013November 2013 | 105,000 /yr | |
| 5404 | 3-bed | 1,744 sqft | AED 3.63MAED 3,628,000 · Dec 2013December 2013 | 219,410 /yr | |
| 5405 | 1-bed | 1,055 sqft | AED 2.47MAED 2,468,900 · Oct 2013October 2013 |
5406, DAMAC Royale (Damac Towers) by Paramount Tower A in numbers
- Sold 3 times: first on 26 March 2014 for AED 3,888,840, last on 11 June 2026 for AED 2,138,254 (AED 1,409 per sqft).
- Rented since August 2019 on 5 Ejari contracts, from AED 100,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2026 price is 5.6%, before a service charge of about AED 43,500 a year (AED 28.65 per sqft).
- Two-beds in DAMAC Royale (Damac Towers) by Paramount Tower A sold for AED 1,750,000–3,029,180 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 11 June 2026.
Questions about 5406, DAMAC Royale (Damac Towers) by Paramount Tower A
What did unit 5406 last sell for?
AED 2,138,254 on 11 June 2026: AED 1,409 per sqft for 1,517 sqft. The unit has 3 registered sales; the first was AED 3,888,840 in March 2014.
What is the rent for unit 5406?
AED 120,000 a year on the contract renewed on 3 April 2024. The previous contract, from April 2023, was AED 120,000; the unit has been rented since August 2019.
How big is unit 5406?
1,517 sqft (140.9 sqm): a two-bedroom apartment on the 54th floor of a 69-storey tower completed in 2018.
What is unit 5406 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in DAMAC Royale (Damac Towers) by Paramount Tower A sold for AED 1,750,000 to 3,029,180 in the last 12 months, around AED 1,523 per sqft.
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Mortgage on 5406, DAMAC Royale (Damac Towers) by Paramount Tower A
Starts from the last sale price (AED 2.14M, 11 June 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 2,138,254
- Deposit, UAE resident (20%)
- AED 427,651
- Deposit, non-resident (40%)
- AED 855,302
- Monthly over 25 years at 3.7%
- AED 8,748
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →