BuildingBusiness Bay · DAMAC · 2018

DAMAC Royale (Damac Towers) by Paramount Tower B

One-beds to three-beds in Business Bay. 33 apartments sold in the last 12 months; every sale, rent and unit is below.

Last 12 monthsUpdated 3 November 2026
Typical price per sqftAED 1,404Down 12.1% on the year
Typical saleAED 1.83M33 sales
Typical rentAED 120K /yrAED 102 per sqft
Typical yield7.3%AED 28.70/sqft charge

About DAMAC Royale (Damac Towers) by Paramount Tower B

DAMAC Royale (Damac Towers) by Paramount Tower B is an apartment building in Business Bay, in central Dubai beside Downtown Dubai. The land is freehold. DAMAC completed the tower in 2018, and it rises 69 storeys with 399 apartments. Homes range from one to three bedrooms, with sizes from 528 to 2,247 sqft. The building is one of four in the development, alongside Towers A, C and D. Business Bay metro station on the Red Line sits on the Sheikh Zayed Road side of the district, and Burj Khalifa/Dubai Mall station is one stop north. That station is about 2.9 km away in a straight line. Several everyday places are within walking distance: F Mart Boutique Supermarket at about 100 m, Bayside Park 7 at about 300 m, and the Archiade Atelier mall at about 400 m.

399 apartments over 69 floors: 199 one-beds of 528 to 1,463 sqft, 120 two-beds of 694 to 2,075 sqft and 80 three-beds of 872 to 2,247 sqft. The service charge is AED 28.70 per sqft a year.

33 apartments sold in the 12 months to November 2026, at a median of AED 1,404 per sqft, down 12.1% on the year before. 182 rental contracts were registered over the same 12 months, at a typical AED 120,000 a year.

Developer
DAMAC
Completed
2018
Floors
69
Units
399
Unit types
1-bed to 3-bed

Business Bay, Dubai

Average prices in DAMAC Royale (Damac Towers) by Paramount Tower B

In DAMAC Royale (Damac Towers) by Paramount Tower B, typical sale prices over the last 12 months were around AED 1,430,000 for one-beds, AED 2,000,000 for two-beds and AED 2,450,000 for three-beds.

Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.

Price history in DAMAC Royale (Damac Towers) by Paramount Tower B

1,0001,2501,5001,750May 2026Nov 20262025-11-14: AED 1,347, 1-bed, 965 sqft2025-11-28: AED 1,459, 3-bed, 1,747 sqft2025-12-05: AED 1,650, 2-bed, 1,515 sqft2025-12-08: AED 1,451, 1-bed, 965 sqft2025-12-11: AED 1,587, 1-bed, 945 sqft2025-12-12: AED 1,354, 3-bed, 1,747 sqft2025-12-17: AED 1,404, 2-bed, 1,517 sqft2026-01-09: AED 1,508, 1-bed, 1,055 sqft2026-01-21: AED 1,389, 1-bed, 965 sqft2026-01-29: AED 1,393, 1-bed, 1,055 sqft2026-02-05: AED 1,787, 1-bed, 929 sqft2026-03-04: AED 1,462, 3-bed, 1,744 sqft2026-03-17: AED 1,184, 1-bed, 1,055 sqft2026-04-13: AED 1,002, 2-bed, 1,746 sqft2026-05-08: AED 1,437, 2-bed, 1,388 sqft2026-05-21: AED 1,306, 1-bed, 957 sqft2026-06-02: AED 1,212, 2-bed, 1,697 sqft2026-06-11: AED 1,320, 2-bed, 1,515 sqft2026-06-18: AED 1,560, 1-bed, 929 sqft2026-06-19: AED 1,272, 2-bed, 1,434 sqft2026-06-26: AED 1,433, 3-bed, 1,744 sqft2026-07-06: AED 1,507, 1-bed, 929 sqft2026-07-08: AED 2,228, 1-bed, 929 sqft2026-08-03: AED 1,434, 2-bed, 1,394 sqft2026-08-04: AED 1,219, 2-bed, 1,394 sqft2026-09-11: AED 1,433, 3-bed, 1,744 sqft2026-09-15: AED 1,259, 3-bed, 1,747 sqft2026-09-17: AED 1,316, 3-bed, 1,747 sqft2026-09-23: AED 1,316, 2-bed, 1,388 sqft2026-10-07: AED 1,302, 1-bed, 1,055 sqft2026-10-15: AED 1,373, 3-bed, 1,747 sqft2026-11-03: AED 1,468, 1-bed, 1,055 sqft2026-11-03: AED 1,545, 2-bed, 1,407 sqftTrend: AED 1,440 to AED 1,354

Every registered sale in the last 12 months; the dashed line is the trend, grey dots are flagged outliers left out of it.

Transaction history in DAMAC Royale (Damac Towers) by Paramount Tower B

  • Completed2-bed · 1,407 sqft 03 Nov 2026AED 2,175,0001,545 /sqft
  • Completed1-bed · 1,055 sqft 03 Nov 2026AED 1,550,0001,469 /sqft
  • Completed3-bed · 1,746 sqft 15 Oct 2026AED 2,400,0001,374 /sqft
  • Completed1-bed · 1,055 sqft 07 Oct 2026AED 1,374,2221,302 /sqft
  • Completed2-bed · 1,387 sqft 23 Sep 2026AED 1,827,1561,317 /sqft
  • Completed3-bed · 1,746 sqft 17 Sep 2026AED 2,300,0001,317 /sqft
  • Completed3-bed · 1,746 sqft 15 Sep 2026AED 2,200,0001,259 /sqft
  • Completed3-bed · 1,743 sqft 11 Sep 2026AED 2,500,0001,434 /sqft
  • Completed2-bed · 1,394 sqft 04 Aug 2026AED 1,700,0001,219 /sqft
  • Completed2-bed · 1,394 sqft 03 Aug 2026AED 2,000,0001,435 /sqft

Over the last 12 months, DAMAC Royale (Damac Towers) by Paramount Tower B has recorded 33 apartment sales. Typical homes sold for around AED 1.83M (about AED 1,404 per sqft) with a median size of 1,394 sqft, from roughly AED 1.25M to AED 2.55M.

1–10 of 607

Units in DAMAC Royale (Damac Towers) by Paramount Tower B

399 units
  • Unit 8012-bed · 1,582 sqftSold AED 2.78M, Jun 2023
  • Unit 8021-bed · 949 sqftSold AED 2.23M, Jan 2023
  • Unit 8031-bed · 1,462 sqftSold AED 2.83M, Oct 2023
  • Unit 8042-bed · 1,697 sqftSold AED 2.06M, Jun 2026
  • Unit 8052-bed · 2,075 sqftSold AED 3.7M, Oct 2023
  • Unit 9012-bed · 1,746 sqftSold AED 1.75M, Apr 2026
  • Unit 9021-bed · 957 sqftSold AED 1.25M, May 2026
  • Unit 9031-bed · 944 sqftSold AED 1.4M, Jan 2021
  • Unit 9041-bed · 920 sqftSold AED 2.02M, Nov 2017
  • Unit 9053-bed · 1,634 sqftSold AED 3.41M, Dec 2017
1–10 of 399
Every unit in DAMAC Royale (Damac Towers) by Paramount Tower B, by number

By type: one-beds (199), two-beds (120), three-beds (80).

Nearby in Business Bay

All 187 →
BuildingSale /sqftYield
DAMAC Royale (Damac Towers) by Paramount Tower AAED 1,5086.5%
DAMAC Royale (Damac Towers) by Paramount Tower CAED 1,567
DAMAC Royale (Damac Towers) by Paramount Tower DAED 1,3317.3%
Burj Binghatti by Jacob & CoAED 3,523
Tiger Sky TowerAED 2,121
1–5 of 186 · nearest first

DAMAC Royale (Damac Towers) by Paramount Tower B in numbers

  • Across 33 DLD sales in the 12 months to November 2026, the median price in DAMAC Royale (Damac Towers) by Paramount Tower B was AED 1,404 per sqft and the typical home sold for about AED 1.83M.
  • Completed in 2018 by DAMAC; 69 floors of one-beds to three-beds; service charge AED 28.70 per sqft a year.
  • An one-bed of 528 to 1,463 sqft rents for AED 60,000 to 190,000 a year on the 102 contracts registered in the last 12 months.
  • Gross rental yield 7.3%: the median rent per sqft over the median sale price per sqft, before service charges.

Source: Dubai Land Department. Updated 3 November 2026.

Questions

How much does an one-bed in DAMAC Royale (Damac Towers) by Paramount Tower B cost?

14 one-beds sold in the 12 months to November 2026, for AED 1,250,000 to 2,070,000; the median was AED 1,425,000, or AED 1,460 per sqft.

How much is an one-bed for rent in DAMAC Royale (Damac Towers) by Paramount Tower B?

About AED 105,000 a year: that is the median of the 102 contracts for one-beds registered with Ejari in the 12 months to November 2026, from AED 60,000 to 190,000.

What is the rental yield in DAMAC Royale (Damac Towers) by Paramount Tower B?

About 7.3% gross across the building, from about 7.5% for two-beds to 6.9% for three-beds, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.

Have prices in DAMAC Royale (Damac Towers) by Paramount Tower B gone up?

The median price per sqft fell from about AED 1,597 to AED 1,404 over the 12 months to November 2026, down 12.1%, on 33 sales against 47 the year before.

What is the service charge in DAMAC Royale (Damac Towers) by Paramount Tower B?

AED 28.70 per sqft a year. For a typical 1,394 sqft home that is about AED 40,000 a year.

Who built DAMAC Royale (Damac Towers) by Paramount Tower B and when?

DAMAC; completed in 2018; 69 floors; 399 apartments.

How many apartments are there in DAMAC Royale (Damac Towers) by Paramount Tower B?

399, one-beds to three-beds. Each has its own page with its full sales and rental history.

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