2404, DAMAC Royale (Damac Towers) by Paramount Tower B
Sold prices and rental history: sold twice, last in February 2024, 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 2404, DAMAC Royale (Damac Towers) by Paramount Tower B
What is 2404 worth today?
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Source: Dubai Land Department. Updated 30 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 918 sqft
- Floor
- 24th of 69
- Parking
- P4-172
- Developer
- DAMAC
- Completed
- 2018
- Service charge
- AED 26,300 /yr
- Last sold
- AED 1.63M · February 2024
About 2404, DAMAC Royale (Damac Towers) by Paramount Tower B
2404 is a one-bedroom apartment of 918 sqft on the 24th 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 26 February 2024 for AED 1,625,000, or AED 1,770 per sqft, 10% above the AED 1,603 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 30 September 2026, is AED 85,000 a year: a gross yield of 5.2% on the 2024 price, before the service charge of about AED 26,300 a year.
Sales and rents for 2404 over time
2404 has sold twice; the dashed line is the one-bed median of each year in the building.
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 2404 sits
All 199 1-beds →2404 last sold in February 2024 at AED 1,770 per sqft, 10% above what one-beds in DAMAC Royale (Damac Towers) by Paramount Tower B were fetching at the time (AED 1,603). 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. 2404's AED 85,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 1,055 sqft | 1,550,000 | 1,468 | ||
| 7 Oct 20267 October 2026 | 1,055 sqft | 1,374,222 | 1,302 | ||
| 8 Jul 20268 July 2026 | 929 sqft | 2,070,000 | 2,228 | ||
| 6 Jul 20266 July 2026 | 929 sqft | 1,400,000 | 1,507 |
DAMAC Royale (Damac Towers) by Paramount Tower B
Building399 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%
Other units on the 24th floor
All 399 units in DAMAC Royale (Damac Towers) by Paramount Tower B2404, DAMAC Royale (Damac Towers) by Paramount Tower B in numbers
- Sold twice: first on 5 December 2017 for AED 1,974,753, last on 26 February 2024 for AED 1,625,000 (AED 1,770 per sqft).
- Rented since April 2019 on 8 Ejari contracts. The rent fell from AED 85,000 to AED 60,000 in 2020 and recovered to AED 85,000 by September 2026.
- At AED 85,000 a year the gross yield on the 2024 price is 5.2%, before a service charge of about AED 26,300 a year (AED 28.70 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 30 September 2026.
Questions about 2404, DAMAC Royale (Damac Towers) by Paramount Tower B
What did unit 2404 last sell for?
AED 1,625,000 on 26 February 2024: AED 1,770 per sqft for 918 sqft. The unit has 2 registered sales; the first was AED 1,974,753 in December 2017.
What is the rent for unit 2404?
AED 85,000 a year on the contract signed on 30 September 2026. The previous contract, from September 2025, was AED 115,000; the unit has been rented since April 2019.
How big is unit 2404?
918 sqft (85.3 sqm): a one-bedroom apartment on the 24th floor of a 69-storey tower completed in 2018.
What is unit 2404 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 2404, DAMAC Royale (Damac Towers) by Paramount Tower B
Starts from the last sale price (AED 1.63M, 26 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,625,000
- Deposit, UAE resident (20%)
- AED 325,000
- Deposit, non-resident (40%)
- AED 650,000
- Monthly over 25 years at 3.7%
- AED 6,648
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →