1-bed · 1,058 sqftDAMAC Royale (Damac Towers) by Paramount Tower C, Business Bay · 30th floor · completed 2018

3003, DAMAC Royale (Damac Towers) by Paramount Tower C

Sold prices and rental history: sold once, by the developer in February 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3003 · DLD and Ejari recordsUpdated 3 February 2020
Last soldAED 2.44M3 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3003, DAMAC Royale (Damac Towers) by Paramount Tower C

What is 3003 worth today?

Last sold for AED 2,442,600 in 2020

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3 Feb 2020Sold by developerReady
AED 2,442,600AED 2,307 per sqft

Source: Dubai Land Department. Updated 3 February 2020.

Key facts

Type
1-bed hotel apartment
Size
1,058 sqft
Floor
30th of 69
Parking
EU
Developer
DAMAC
Completed
2018
Service charge
AED 34,800 /yr
Last sold
AED 2.44M · February 2020

About 3003, DAMAC Royale (Damac Towers) by Paramount Tower C

3003 is a one-bedroom hotel apartment of 1,058 sqft on the 30th 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 3 February 2020 for AED 2,442,600, or AED 2,307 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3003 over time

Sales
Unit 3003, each saleTypical one-bed in DAMAC Royale (Damac Towers) by Paramount Tower C
2M2.5M3M2013201720212025Typical sale price by year: 2013 AED 2,440,675; 2014 AED 2,912,975; 2015 AED 2,835,913; 2016 AED 2,839,200; 2017 AED 2,164,000; 2018 AED 2,145,000; 2020 AED 2,118,480; 2023 AED 2,024,875; 2024 AED 2,589,000; 2025 AED 2,000,000Sold by developer, February 2020: AED 2,442,600 (AED 2,307 per sqft)

3003 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in DAMAC Royale (Damac Towers) by Paramount Tower C, and where 3003 sits

All 95 1-beds →

Over the last 12 months one-beds sold for AED 1,634,149, around AED 1,544 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Jul 20261,634,149
5 Nov 20252,000,000
5 Nov 20252,000,000
4 Nov 20252,000,000
1 1-bed sale 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
3001StudioAED 1.36M · Nov 2013
3002StudioAED 1.76M · Dec 2013
3004StudioAED 1.24M · Oct 2013
3005StudioAED 1.72M · Jul 2014
3006StudioAED 1.15M · Dec 2013
3007StudioAED 809K · Aug 2026
3008StudioAED 1.11M · Oct 2013
1–7 of 14

3003, DAMAC Royale (Damac Towers) by Paramount Tower C in numbers

  • Sold once: by DAMAC on 3 February 2020 for AED 2,442,600, or AED 2,307 per sqft.
  • One-beds in DAMAC Royale (Damac Towers) by Paramount Tower C sold for AED 1,634,149–1,634,149 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 3 February 2020.

Questions about 3003, DAMAC Royale (Damac Towers) by Paramount Tower C

What did unit 3003 last sell for?

AED 2,442,600 on 3 February 2020, sold by the developer: AED 2,307 per sqft for 1,058 sqft. It is the only registered sale of the unit.

How big is unit 3003?

1,058 sqft (98.3 sqm): a one-bedroom hotel apartment on the 30th floor of a 69-storey tower completed in 2018.

What is unit 3003 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 C sold for AED 1,634,149 to 1,634,149 in the last 12 months, around AED 1,544 per sqft.

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Mortgage on 3003, DAMAC Royale (Damac Towers) by Paramount Tower C

Starts from the last sale price (AED 2.44M, 3 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,442,600
Deposit, UAE resident (20%)
AED 488,520
Deposit, non-resident (40%)
AED 977,040
Monthly over 25 years at 3.7%
AED 9,993

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