Studio · 637 sqftDAMAC Royale (Damac Towers) by Paramount Tower C, Business Bay · 34th floor · completed 2018

3402, DAMAC Royale (Damac Towers) by Paramount Tower C

Sold prices and rental history: sold once, by the developer in August 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3402 · DLD and Ejari recordsUpdated 10 August 2014
Last soldAED 2.32M10 August 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3402, DAMAC Royale (Damac Towers) by Paramount Tower C

What is 3402 worth today?

Last sold for AED 2,318,950 in 2014

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10 Aug 2014Sold by developerOff-plan
AED 2,318,950AED 3,639 per sqft

Source: Dubai Land Department. Updated 10 August 2014.

Key facts

Type
Studio hotel apartment
Size
637 sqft
Floor
34th of 69
Parking
EU
Developer
DAMAC
Completed
2018
Service charge
AED 21,000 /yr
Last sold
AED 2.32M · August 2014

About 3402, DAMAC Royale (Damac Towers) by Paramount Tower C

3402 is a studio of 637 sqft on the 34th 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 10 August 2014 for AED 2,318,950, or AED 3,639 per sqft, 21% above the AED 3,001 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3402 over time

Sales
Unit 3402, each saleTypical studio in DAMAC Royale (Damac Towers) by Paramount Tower C
1M2M2013201720212025Typical 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, August 2014: AED 2,318,950 (AED 3,639 per sqft)

3402 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 3402 sits

All 729 studios →

3402 last sold in August 2014 at AED 3,639 per sqft, 21% above what studios in DAMAC Royale (Damac Towers) by Paramount Tower C were fetching at the time (AED 3,001). 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
3401StudioAED 1.65M · Mar 2014
34031-bedAED 3.39M · Aug 2014
3404StudioAED 1.97M · May 2014
3405StudioAED 1.55M · Jun 2014
3406StudioAED 1.68M · May 2014
3407StudioAED 775K · Jul 2024
3408StudioAED 1.1M · Jan 2025
1–7 of 14

3402, DAMAC Royale (Damac Towers) by Paramount Tower C in numbers

  • Sold once: by DAMAC on 10 August 2014 for AED 2,318,950, or AED 3,639 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 10 August 2014.

Questions about 3402, DAMAC Royale (Damac Towers) by Paramount Tower C

What did unit 3402 last sell for?

AED 2,318,950 on 10 August 2014, sold by the developer: AED 3,639 per sqft for 637 sqft. It is the only registered sale of the unit.

How big is unit 3402?

637 sqft (59.2 sqm): a studio on the 34th floor of a 69-storey tower completed in 2018.

What is unit 3402 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 3402, DAMAC Royale (Damac Towers) by Paramount Tower C

Starts from the last sale price (AED 2.32M, 10 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,318,950
Deposit, UAE resident (20%)
AED 463,790
Deposit, non-resident (40%)
AED 927,580
Monthly over 25 years at 3.7%
AED 9,488

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