Studio · 484 sqftDAMAC Royale (Damac Towers) by Paramount Tower C, Business Bay · 15th floor · completed 2018

1507, DAMAC Royale (Damac Towers) by Paramount Tower C

Sold prices and rental history: sold twice, last in August 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1507 · DLD and Ejari recordsUpdated 4 August 2025
Last soldAED 825K4 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1507, DAMAC Royale (Damac Towers) by Paramount Tower C

What is 1507 worth today?

Last sold for AED 825,000 in 2025

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4 Aug 2025SoldReady
AED 825,000AED 1,703 per sqft
21 Apr 2016Sold by developerOff-plan
AED 1,180,704AED 2,438 per sqft

Source: Dubai Land Department. Updated 4 August 2025.

Key facts

Type
Studio hotel apartment
Size
484 sqft
Floor
15th of 69
Parking
EU
Developer
DAMAC
Completed
2018
Service charge
AED 15,900 /yr
Last sold
AED 825K · August 2025

About 1507, DAMAC Royale (Damac Towers) by Paramount Tower C

1507 is a studio of 484 sqft on the 15th floor of DAMAC Royale (Damac Towers) by Paramount Tower C, a 69-storey tower in Business Bay completed in 2018 by DAMAC. It last sold on 4 August 2025 for AED 825,000, or AED 1,703 per sqft, in line with the AED 1,696 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1507 over time

Sales
Unit 1507, each saleTypical studio in DAMAC Royale (Damac Towers) by Paramount Tower C
1M1.5M2013201720212025Typical sale price by year: 2013 AED 1,236,400; 2014 AED 1,585,375; 2015 AED 1,331,200; 2016 AED 1,276,600; 2017 AED 1,208,000; 2018 AED 1,376,550; 2019 AED 1,211,479; 2020 AED 1,151,150; 2021 AED 981,500; 2022 AED 1,099,000; 2023 AED 892,500; 2024 AED 900,000; 2025 AED 813,000; 2026 AED 810,000Sold by developer, April 2016: AED 1,180,704 (AED 2,438 per sqft)Sold, August 2025: AED 825,000 (AED 1,703 per sqft)

1507 has sold twice; the dashed line is the studio median of each year in the building.

Studios in DAMAC Royale (Damac Towers) by Paramount Tower C, and where 1507 sits

All 729 studios →

1507 last sold in August 2025 at AED 1,703 per sqft, in line with what studios in DAMAC Royale (Damac Towers) by Paramount Tower C were fetching at the time (AED 1,696). Over the last 12 months studios sold for AED 694,022 to 1,209,320, around AED 1,577 per sqft.

Recent studio salesUnit no.Price (AED)Summary
6 Oct 2026765,417
1 Oct 2026751,300
20 Aug 2026810,000
12 Aug 2026809,000
15 studio sales in the last 12 months

DAMAC Royale (Damac Towers) by Paramount Tower C

Building

824 apartments, studios to 1-bed over 69 floors in Business Bay, completed in 2018 by DAMAC. 16 sold in the last 12 months.

Typical price per sqft
AED 1,567 Down 9.5%
Typical sale
AED 810K
Typical rent
Few contracts
Typical yield
DAMAC Royale (Damac Towers) by Paramount Tower C, Business Bay: prices, sales and rents →
Value
15011-bedAED 2.16M · Apr 2018
1502StudioAED 1.44M · Nov 2015
1503StudioAED 700K · Feb 2023
1504StudioAED 1.28M · Nov 2015
1505StudioAED 900K · Jan 2024
1506StudioAED 1.3M · Nov 2015
1508StudioAED 823K · Jan 2024
1–7 of 12

1507, DAMAC Royale (Damac Towers) by Paramount Tower C in numbers

  • Sold twice: first on 21 April 2016 for AED 1,180,704, last on 4 August 2025 for AED 825,000 (AED 1,703 per sqft).
  • Studios in DAMAC Royale (Damac Towers) by Paramount Tower C sold for AED 694,022–1,209,320 in the 12 months to November 2026; the building's median across all types is AED 1,567 per sqft.

Source: Dubai Land Department. Updated 4 August 2025.

Questions about 1507, DAMAC Royale (Damac Towers) by Paramount Tower C

What did unit 1507 last sell for?

AED 825,000 on 4 August 2025: AED 1,703 per sqft for 484 sqft. The unit has 2 registered sales; the first was AED 1,180,704 in April 2016.

How big is unit 1507?

484 sqft (45.0 sqm): a studio on the 15th floor of a 69-storey tower completed in 2018.

What is unit 1507 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in DAMAC Royale (Damac Towers) by Paramount Tower C sold for AED 694,022 to 1,209,320 in the last 12 months, around AED 1,577 per sqft.

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Mortgage on 1507, DAMAC Royale (Damac Towers) by Paramount Tower C

Starts from the last sale price (AED 825K, 4 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 825,000
Deposit, UAE resident (20%)
AED 165,000
Deposit, non-resident (40%)
AED 330,000
Monthly over 25 years at 3.7%
AED 3,375

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