3402, DAMAC Royale (Damac Towers) by Paramount Tower B
Sold prices and rental history: sold once, by the developer in June 2014, 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 3402, DAMAC Royale (Damac Towers) by Paramount Tower B
What is 3402 worth today?
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Source: Dubai Land Department. Updated 24 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 947 sqft
- Floor
- 34th of 69
- Parking
- P5-54
- Developer
- DAMAC
- Completed
- 2018
- Service charge
- AED 27,200 /yr
- Last sold
- AED 2.69M · June 2014
About 3402, DAMAC Royale (Damac Towers) by Paramount Tower B
3402 is a one-bedroom apartment of 947 sqft on the 34th 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 23 June 2014 for AED 2,687,550, or AED 2,837 per sqft, 32% above the AED 2,143 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, signed on 24 August 2026, is AED 85,000 a year: a gross yield of 3.2% on the 2014 price, before the service charge of about AED 27,200 a year.
Sales and rents for 3402 over time
3402 has sold once; 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 3402 sits
All 199 1-beds →3402 last sold in June 2014 at AED 2,837 per sqft, 32% above what one-beds in DAMAC Royale (Damac Towers) by Paramount Tower B were fetching at the time (AED 2,143). 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. 3402'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 34th floor
All 399 units in DAMAC Royale (Damac Towers) by Paramount Tower B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3401 | 2-bed | 1,394 sqft | AED 2.95MAED 2,945,890 · Jan 2024January 2024 | 175,000 /yr | |
| 3403 | 1-bed | 929 sqft | AED 2.1MAED 2,100,000 · Nov 2024November 2024 | 130,000 /yr | |
| 3404 | 1-bed | 939 sqft | AED 2.6MAED 2,595,400 · May 2014May 2014 | ||
| 3405 | 3-bed | 1,747 sqft | AED 2.5MAED 2,500,000 · Apr 2024April 2024 | 140,000 /yr | |
| 3406 | 1-bed | 1,055 sqft | AED 2.07MAED 2,072,000 · Aug 2022August 2022 | 120,750 /yr | |
| 3407 | 2-bed | 1,515 sqft | AED 2.8MAED 2,804,270 · Jan 2023January 2023 | 155,000 /yr |
3402, DAMAC Royale (Damac Towers) by Paramount Tower B in numbers
- Sold once: by DAMAC on 23 June 2014 for AED 2,687,550, or AED 2,837 per sqft.
- Rented since March 2019 on 9 Ejari contracts. The rent fell from AED 82,000 to AED 65,000 in 2021 and recovered to AED 85,000 by August 2026.
- At AED 85,000 a year the gross yield on the 2014 price is 3.2%, before a service charge of about AED 27,200 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 24 August 2026.
Questions about 3402, DAMAC Royale (Damac Towers) by Paramount Tower B
What did unit 3402 last sell for?
AED 2,687,550 on 23 June 2014, sold by the developer: AED 2,837 per sqft for 947 sqft. It is the only registered sale of the unit.
What is the rent for unit 3402?
AED 85,000 a year on the contract signed on 24 August 2026. The previous contract, from September 2025, was AED 115,000; the unit has been rented since March 2019.
How big is unit 3402?
947 sqft (88.0 sqm): a one-bedroom apartment on the 34th floor of a 69-storey tower completed in 2018.
What is unit 3402 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 3402, DAMAC Royale (Damac Towers) by Paramount Tower B
Starts from the last sale price (AED 2.69M, 23 June 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 2,687,550
- Deposit, UAE resident (20%)
- AED 537,510
- Deposit, non-resident (40%)
- AED 1,075,020
- Monthly over 25 years at 3.7%
- AED 10,996
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →