Studio · 497 sqftDAMAC Royale (Damac Towers) by Paramount Tower C, Business Bay · 20th floor · completed 2018

2003, DAMAC Royale (Damac Towers) by Paramount Tower C

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

Unit 2003 · DLD and Ejari recordsUpdated 16 November 2015
Last soldAED 1.31M16 November 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2003, DAMAC Royale (Damac Towers) by Paramount Tower C

What is 2003 worth today?

Last sold for AED 1,310,700 in 2015

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16 Nov 2015Sold by developerOff-plan
AED 1,310,700AED 2,639 per sqft

Source: Dubai Land Department. Updated 16 November 2015.

Key facts

Type
Studio hotel apartment
Size
497 sqft
Floor
20th of 69
Parking
EU
Developer
DAMAC
Completed
2018
Service charge
AED 16,300 /yr
Last sold
AED 1.31M · November 2015

About 2003, DAMAC Royale (Damac Towers) by Paramount Tower C

2003 is a studio of 497 sqft on the 20th 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 16 November 2015 for AED 1,310,700, or AED 2,639 per sqft, 8% below the AED 2,855 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2003 over time

Sales
Unit 2003, 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, November 2015: AED 1,310,700 (AED 2,639 per sqft)

2003 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 2003 sits

All 729 studios →

2003 last sold in November 2015 at AED 2,639 per sqft, 8% below what studios in DAMAC Royale (Damac Towers) by Paramount Tower C were fetching at the time (AED 2,855). 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
20011-bedAED 2.46M · Oct 2023
2002StudioAED 1.32M · Nov 2015
2004StudioAED 1.26M · Nov 2015
2005StudioAED 1.25M · Nov 2015
2006StudioAED 1.28M · Nov 2015
2007StudioAED 1.28M · Nov 2015
2008StudioAED 1.28M · Nov 2015
1–7 of 12

2003, DAMAC Royale (Damac Towers) by Paramount Tower C in numbers

  • Sold once: by DAMAC on 16 November 2015 for AED 1,310,700, or AED 2,639 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 16 November 2015.

Questions about 2003, DAMAC Royale (Damac Towers) by Paramount Tower C

What did unit 2003 last sell for?

AED 1,310,700 on 16 November 2015, sold by the developer: AED 2,639 per sqft for 497 sqft. It is the only registered sale of the unit.

How big is unit 2003?

497 sqft (46.2 sqm): a studio on the 20th floor of a 69-storey tower completed in 2018.

What is unit 2003 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 2003, DAMAC Royale (Damac Towers) by Paramount Tower C

Starts from the last sale price (AED 1.31M, 16 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,310,700
Deposit, UAE resident (20%)
AED 262,140
Deposit, non-resident (40%)
AED 524,280
Monthly over 25 years at 3.7%
AED 5,362

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