2-bed · 1,394 sqftDAMAC Royale (Damac Towers) by Paramount Tower B, Business Bay · 20th floor · completed 2018

2001, DAMAC Royale (Damac Towers) by Paramount Tower B

Sold prices and rental history: sold 3 times, last in August 2026, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2001 · DLD and Ejari recordsUpdated 14 August 2026
Last soldAED 1.7M4 August 2026
Current rentAED 120K /yr14 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2001, DAMAC Royale (Damac Towers) by Paramount Tower B

What is 2001 worth today?

Last sold for AED 1,700,000 in 2026

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14 Aug 2026RentedNew contract
AED 120,000/yr12 months · AED 86 per sqft
13 Aug 2026RentedNew contract
AED 120,000/yr12 months · AED 86 per sqft
4 Aug 2026SoldReady
AED 1,700,000AED 1,219 per sqft
1 Jun 2025RentedRenewal
AED 126,000/yr12 months · AED 90 per sqft
1 Jun 2025RentedRenewal
AED 160,000/yr12 months · AED 114 per sqft
1 Jun 2025RentedRenewal
AED 126,000/yr12 months · AED 90 per sqft
1 Jun 2025RentedRenewal
AED 160,000/yr12 months · AED 114 per sqft
1 Jun 2024RentedRenewal
AED 140,000/yr12 months · AED 100 per sqft

Source: Dubai Land Department. Updated 14 August 2026.

Key facts

Type
2-bed apartment
Size
1,394 sqft
Floor
20th of 69
Parking
P4-43
Developer
DAMAC
Completed
2018
Service charge
AED 40,000 /yr
Last sold
AED 1.7M · August 2026

About 2001, DAMAC Royale (Damac Towers) by Paramount Tower B

2001 is a two-bedroom apartment of 1,394 sqft on the 20th floor of DAMAC Royale (Damac Towers) by Paramount Tower B, a 69-storey tower in Business Bay completed in 2018 by DAMAC. It last sold on 4 August 2026 for AED 1,700,000, or AED 1,219 per sqft, 8% below the AED 1,320 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 12 Ejari contracts. The current contract, signed on 14 August 2026, is AED 120,000 a year: a gross yield of 7.1% on the 2026 price, before the service charge of about AED 40,000 a year.

Sales and rents for 2001 over time

Sales
Unit 2001, each saleTypical two-bed in DAMAC Royale (Damac Towers) by Paramount Tower B
2M4M2013201720212025Typical sale price by year: 2013 AED 2,988,300; 2014 AED 4,081,200; 2015 AED 3,615,710; 2016 AED 3,616,565; 2017 AED 3,250,500; 2018 AED 3,172,617; 2019 AED 1,500,000; 2020 AED 1,754,290; 2021 AED 2,118,000; 2022 AED 2,797,440; 2023 AED 2,802,065; 2024 AED 2,225,000; 2025 AED 2,264,151; 2026 AED 1,994,491Sold by developer, July 2013: AED 2,944,200 (AED 2,111 per sqft)Sold, June 2019: AED 1,500,000 (AED 1,075 per sqft)Sold, August 2026: AED 1,700,000 (AED 1,219 per sqft)

2001 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2001, each contractTypical two-bed in DAMAC Royale (Damac Towers) by Paramount Tower B
100K150K201920222025Typical rent by year: 2019 AED 105,000; 2020 AED 95,000; 2021 AED 100,000; 2022 AED 130,000; 2023 AED 145,000; 2024 AED 150,000; 2025 AED 156,000; 2026 AED 145,000New contract, July 2019: AED 105,000 a yearNew contract, August 2020: AED 95,000 a yearNew contract, September 2021: AED 130,000 a yearNew contract, June 2022: AED 140,000 a yearRenewal, June 2023: AED 140,000 a yearRenewal, June 2024: AED 140,000 a yearRenewal, June 2025: AED 126,000 a yearRenewal, June 2025: AED 160,000 a yearRenewal, June 2025: AED 126,000 a yearRenewal, June 2025: AED 160,000 a yearNew contract, August 2026: AED 120,000 a yearNew contract, August 2026: AED 120,000 a year

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 B, and where 2001 sits

All 120 2-beds →

2001 last sold in August 2026 at AED 1,219 per sqft, 8% below what two-beds in DAMAC Royale (Damac Towers) by Paramount Tower B were fetching at the time (AED 1,320). Over the last 12 months two-beds sold for AED 1,700,000 to 2,500,000, around AED 1,320 per sqft, and rent for AED 110,000 to 190,000 a year. 2001's AED 120,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Nov 20262,175,000
23 Sep 20261,827,156
3 Aug 20262,000,000
19 Jun 20261,825,000
11 2-bed sales in the last 12 months

DAMAC Royale (Damac Towers) by Paramount Tower B

Building

399 apartments, 1-bed to 3-bed over 69 floors in Business Bay, completed in 2018 by DAMAC. 33 sold in the last 12 months.

Typical price per sqft
AED 1,404 Down 12.1%
Typical sale
AED 1.83M
Typical rent
AED 120K /yr
Typical yield
7.3%
DAMAC Royale (Damac Towers) by Paramount Tower B, Business Bay: prices, sales and rents →
Value
20021-bedAED 2.02M · Aug 2013
20031-bedAED 1.8M · Sep 2022
20041-bedAED 1.86M · Nov 2013
20053-bedAED 3.64M · Jun 2014
20061-bedAED 2.8M · Mar 2014
20072-bedAED 3.17M · Sep 2013

2001, DAMAC Royale (Damac Towers) by Paramount Tower B in numbers

  • Sold 3 times: first on 14 July 2013 for AED 2,944,200, last on 4 August 2026 for AED 1,700,000 (AED 1,219 per sqft).
  • Rented since July 2019 on 12 Ejari contracts, from AED 105,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2026 price is 7.1%, before a service charge of about AED 40,000 a year (AED 28.70 per sqft).
  • Two-beds in DAMAC Royale (Damac Towers) by Paramount Tower B sold for AED 1,700,000–2,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,404 per sqft.

Source: Dubai Land Department. Updated 14 August 2026.

Questions about 2001, DAMAC Royale (Damac Towers) by Paramount Tower B

What did unit 2001 last sell for?

AED 1,700,000 on 4 August 2026: AED 1,219 per sqft for 1,394 sqft. The unit has 3 registered sales; the first was AED 2,944,200 in July 2013.

What is the rent for unit 2001?

AED 120,000 a year on the contract signed on 14 August 2026. The previous contract, from August 2026, was AED 120,000; the unit has been rented since July 2019.

How big is unit 2001?

1,394 sqft (129.5 sqm): a two-bedroom apartment on the 20th floor of a 69-storey tower completed in 2018.

What is unit 2001 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 B sold for AED 1,700,000 to 2,500,000 in the last 12 months, around AED 1,320 per sqft.

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Mortgage on 2001, DAMAC Royale (Damac Towers) by Paramount Tower B

Starts from the last sale price (AED 1.7M, 4 August 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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