Studio · 488 sqftDAMAC Royale (Damac Towers) by Paramount Tower C, Business Bay · 28th floor · completed 2018

2811, DAMAC Royale (Damac Towers) by Paramount Tower C

Sold prices and rental history: sold once, by the developer in September 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2811 · DLD and Ejari recordsUpdated 29 September 2013
Last soldAED 1.15M29 September 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2811, DAMAC Royale (Damac Towers) by Paramount Tower C

What is 2811 worth today?

Last sold for AED 1,146,200 in 2013

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29 Sep 2013Sold by developerOff-plan
AED 1,146,200AED 2,349 per sqft

Source: Dubai Land Department. Updated 29 September 2013.

Key facts

Type
Studio hotel apartment
Size
488 sqft
Floor
28th of 69
Parking
EU
Developer
DAMAC
Completed
2018
Service charge
AED 16,100 /yr
Last sold
AED 1.15M · September 2013

About 2811, DAMAC Royale (Damac Towers) by Paramount Tower C

2811 is a studio of 488 sqft on the 28th 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 29 September 2013 for AED 1,146,200, or AED 2,349 per sqft, in line with the AED 2,340 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2811 over time

Sales
Unit 2811, 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, September 2013: AED 1,146,200 (AED 2,349 per sqft)

2811 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 2811 sits

All 729 studios →

2811 last sold in September 2013 at AED 2,349 per sqft, in line with what studios in DAMAC Royale (Damac Towers) by Paramount Tower C were fetching at the time (AED 2,340). 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
2801StudioAED 1.18M · Sep 2013
2802StudioAED 1.53M · Sep 2013
28031-bedAED 2.24M · Sep 2013
2804StudioAED 1.24M · Sep 2013
2805StudioAED 1.14M · Sep 2013
2806StudioAED 1.11M · Sep 2013
2807StudioAED 1.11M · Sep 2013
1–7 of 14

2811, DAMAC Royale (Damac Towers) by Paramount Tower C in numbers

  • Sold once: by DAMAC on 29 September 2013 for AED 1,146,200, or AED 2,349 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 29 September 2013.

Questions about 2811, DAMAC Royale (Damac Towers) by Paramount Tower C

What did unit 2811 last sell for?

AED 1,146,200 on 29 September 2013, sold by the developer: AED 2,349 per sqft for 488 sqft. It is the only registered sale of the unit.

How big is unit 2811?

488 sqft (45.3 sqm): a studio on the 28th floor of a 69-storey tower completed in 2018.

What is unit 2811 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 2811, DAMAC Royale (Damac Towers) by Paramount Tower C

Starts from the last sale price (AED 1.15M, 29 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,146,200
Deposit, UAE resident (20%)
AED 229,240
Deposit, non-resident (40%)
AED 458,480
Monthly over 25 years at 3.7%
AED 4,689

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