2804, DAMAC Royale (Damac Towers) by Paramount Tower B
Sold prices and rental history: sold twice, last in July 2023, 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 2804, DAMAC Royale (Damac Towers) by Paramount Tower B
What is 2804 worth today?
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Source: Dubai Land Department. Updated 6 July 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 939 sqft
- Floor
- 28th of 69
- Parking
- P4-227
- Developer
- DAMAC
- Completed
- 2018
- Service charge
- AED 26,900 /yr
- Last sold
- AED 1.4M · July 2023
About 2804, DAMAC Royale (Damac Towers) by Paramount Tower B
2804 is a one-bedroom apartment of 939 sqft on the 28th 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 6 July 2023 for AED 1,400,000, or AED 1,491 per sqft, 21% below the AED 1,895 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 1 February 2023, is AED 66,150 a year: a gross yield of 4.7% on the 2023 price, before the service charge of about AED 26,900 a year.
Sales and rents for 2804 over time
2804 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 2804 sits
All 199 1-beds →2804 last sold in July 2023 at AED 1,491 per sqft, 21% below what one-beds in DAMAC Royale (Damac Towers) by Paramount Tower B were fetching at the time (AED 1,895). 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. 2804's AED 66,150 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 28th floor
All 399 units in DAMAC Royale (Damac Towers) by Paramount Tower B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2801 | 2-bed | 1,394 sqft | AED 3.52MAED 3,521,000 · Aug 2017August 2017 | 150,000 /yr | |
| 2802 | 1-bed | 959 sqft | AED 2.94MAED 2,942,150 · Aug 2014August 2014 | ||
| 2803 | 1-bed | 929 sqft | AED 1.55MAED 1,550,000 · Jul 2025July 2025 | 94,476 /yr | |
| 2805 | 3-bed | 1,747 sqft | AED 2.37MAED 2,366,449 · Dec 2025December 2025 | 175,000 /yr | |
| 2806 | 1-bed | 1,055 sqft | AED 2.8MAED 2,802,000 · Feb 2020February 2020 | 85,000 /yr | |
| 2807 | 2-bed | 1,515 sqft | AED 2.25MAED 2,250,000 · Dec 2024December 2024 | 155,000 /yr |
2804, DAMAC Royale (Damac Towers) by Paramount Tower B in numbers
- Sold twice: first on 10 September 2018 for AED 2,025,000, last on 6 July 2023 for AED 1,400,000 (AED 1,491 per sqft).
- Rented since September 2019 on 4 Ejari contracts. The rent fell from AED 75,000 to AED 60,000 in 2021 and recovered to AED 66,150 by February 2023.
- At AED 66,150 a year the gross yield on the 2023 price is 4.7%, before a service charge of about AED 26,900 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 6 July 2023.
Questions about 2804, DAMAC Royale (Damac Towers) by Paramount Tower B
What did unit 2804 last sell for?
AED 1,400,000 on 6 July 2023: AED 1,491 per sqft for 939 sqft. The unit has 2 registered sales; the first was AED 2,025,000 in September 2018.
What is the rent for unit 2804?
AED 66,150 a year on the contract renewed on 1 February 2023. The previous contract, from February 2022, was AED 63,000; the unit has been rented since September 2019.
How big is unit 2804?
939 sqft (87.2 sqm): a one-bedroom apartment on the 28th floor of a 69-storey tower completed in 2018.
What is unit 2804 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 2804, DAMAC Royale (Damac Towers) by Paramount Tower B
Starts from the last sale price (AED 1.4M, 6 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,400,000
- Deposit, UAE resident (20%)
- AED 280,000
- Deposit, non-resident (40%)
- AED 560,000
- Monthly over 25 years at 3.7%
- AED 5,728
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →