Studio · 482 sqftDAMAC Royale (Damac Towers) by Paramount Tower C, Business Bay · 19th floor · completed 2018

1908, DAMAC Royale (Damac Towers) by Paramount Tower C

Sold prices and rental history: sold once, by the developer in December 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1908 · DLD and Ejari recordsUpdated 22 December 2015
Last soldAED 1.33M22 December 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1908, DAMAC Royale (Damac Towers) by Paramount Tower C

What is 1908 worth today?

Last sold for AED 1,326,000 in 2015

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22 Dec 2015Sold by developerOff-plan
AED 1,326,000AED 2,751 per sqft

Source: Dubai Land Department. Updated 22 December 2015.

Key facts

Type
Studio hotel apartment
Size
482 sqft
Floor
19th of 69
Parking
EU
Developer
DAMAC
Completed
2018
Service charge
AED 15,900 /yr
Last sold
AED 1.33M · December 2015

About 1908, DAMAC Royale (Damac Towers) by Paramount Tower C

1908 is a studio of 482 sqft on the 19th floor of DAMAC Royale (Damac Towers) by Paramount Tower C, a 69-storey tower in Business Bay completed in 2018 by DAMAC. The developer sold it on 22 December 2015 for AED 1,326,000, or AED 2,751 per sqft, in line with the AED 2,715 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1908 over time

Sales
Unit 1908, 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, December 2015: AED 1,326,000 (AED 2,751 per sqft)

1908 has sold once; 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 1908 sits

All 729 studios →

1908 last sold in December 2015 at AED 2,751 per sqft, in line with what studios in DAMAC Royale (Damac Towers) by Paramount Tower C were fetching at the time (AED 2,715). 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
19011-bedAED 2.46M · Feb 2024
1902StudioAED 1.34M · Oct 2015
1903StudioAED 1.34M · Dec 2015
1904StudioAED 1.28M · Dec 2015
1905StudioAED 1.28M · Dec 2015
1906StudioAED 1.3M · Dec 2015
1907StudioAED 1.29M · Nov 2015
1–7 of 12

1908, DAMAC Royale (Damac Towers) by Paramount Tower C in numbers

  • Sold once: by DAMAC on 22 December 2015 for AED 1,326,000, or AED 2,751 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 22 December 2015.

Questions about 1908, DAMAC Royale (Damac Towers) by Paramount Tower C

What did unit 1908 last sell for?

AED 1,326,000 on 22 December 2015, sold by the developer: AED 2,751 per sqft for 482 sqft. It is the only registered sale of the unit.

How big is unit 1908?

482 sqft (44.8 sqm): a studio on the 19th floor of a 69-storey tower completed in 2018.

What is unit 1908 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 1908, DAMAC Royale (Damac Towers) by Paramount Tower C

Starts from the last sale price (AED 1.33M, 22 December 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,326,000
Deposit, UAE resident (20%)
AED 265,200
Deposit, non-resident (40%)
AED 530,400
Monthly over 25 years at 3.7%
AED 5,425

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