1-bed · 939 sqftDAMAC Royale (Damac Towers) by Paramount Tower B, Business Bay · 20th floor · completed 2018

2004, DAMAC Royale (Damac Towers) by Paramount Tower B

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

Unit 2004 · DLD and Ejari recordsUpdated 4 November 2013
Last soldAED 1.86M4 November 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2004, DAMAC Royale (Damac Towers) by Paramount Tower B

What is 2004 worth today?

Last sold for AED 1,860,600 in 2013

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4 Nov 2013Sold by developerOff-plan
AED 1,860,600AED 1,981 per sqft

Source: Dubai Land Department. Updated 4 November 2013.

Key facts

Type
1-bed hotel apartment
Size
939 sqft
Floor
20th of 69
Parking
P4-46
Developer
DAMAC
Completed
2018
Service charge
AED 27,000 /yr
Last sold
AED 1.86M · November 2013

About 2004, DAMAC Royale (Damac Towers) by Paramount Tower B

2004 is a one-bedroom hotel apartment of 939 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. The developer sold it on 4 November 2013 for AED 1,860,600, or AED 1,981 per sqft, 5% below the AED 2,095 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2004 over time

Sales
Unit 2004, each saleTypical one-bed in DAMAC Royale (Damac Towers) by Paramount Tower B
1M2M2013201720212025Typical sale price by year: 2013 AED 1,976,100; 2014 AED 2,683,097; 2015 AED 2,470,000; 2016 AED 2,368,800; 2017 AED 2,013,000; 2018 AED 2,089,770; 2019 AED 1,957,475; 2020 AED 1,190,000; 2021 AED 1,155,042; 2022 AED 1,833,120; 2023 AED 1,500,000; 2024 AED 1,525,000; 2025 AED 1,500,000; 2026 AED 1,450,000Sold by developer, November 2013: AED 1,860,600 (AED 1,981 per sqft)

2004 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2004, each contractTypical one-bed in DAMAC Royale (Damac Towers) by Paramount Tower B
80K100K20192021202320252027Typical rent by year: 2019 AED 75,000; 2020 AED 70,000; 2021 AED 70,000; 2022 AED 82,000; 2023 AED 100,000; 2024 AED 110,000; 2025 AED 110,000; 2026 AED 100,000

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 B, and where 2004 sits

All 199 1-beds →

2004 last sold in November 2013 at AED 1,981 per sqft, 5% below what one-beds in DAMAC Royale (Damac Towers) by Paramount Tower B were fetching at the time (AED 2,095). Over the last 12 months one-beds sold for AED 1,250,000 to 2,070,000, around AED 1,460 per sqft, and rent for AED 60,000 to 190,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Nov 20261,550,000
7 Oct 20261,374,222
8 Jul 20262,070,000
6 Jul 20261,400,000
14 1-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
20012-bedAED 1.7M · Aug 2026
20021-bedAED 2.02M · Aug 2013
20031-bedAED 1.8M · Sep 2022
20053-bedAED 3.64M · Jun 2014
20061-bedAED 2.8M · Mar 2014
20072-bedAED 3.17M · Sep 2013

2004, DAMAC Royale (Damac Towers) by Paramount Tower B in numbers

  • Sold once: by DAMAC on 4 November 2013 for AED 1,860,600, or AED 1,981 per sqft.
  • One-beds in DAMAC Royale (Damac Towers) by Paramount Tower B sold for AED 1,250,000–2,070,000 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 4 November 2013.

Questions about 2004, DAMAC Royale (Damac Towers) by Paramount Tower B

What did unit 2004 last sell for?

AED 1,860,600 on 4 November 2013, sold by the developer: AED 1,981 per sqft for 939 sqft. It is the only registered sale of the unit.

How big is unit 2004?

939 sqft (87.2 sqm): a one-bedroom hotel apartment on the 20th floor of a 69-storey tower completed in 2018.

What is unit 2004 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 B sold for AED 1,250,000 to 2,070,000 in the last 12 months, around AED 1,460 per sqft.

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Mortgage on 2004, DAMAC Royale (Damac Towers) by Paramount Tower B

Starts from the last sale price (AED 1.86M, 4 November 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,860,600
Deposit, UAE resident (20%)
AED 372,120
Deposit, non-resident (40%)
AED 744,240
Monthly over 25 years at 3.7%
AED 7,612

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