Studio · 477 sqftDAMAC Royale (Damac Towers) by Paramount Tower C, Business Bay · 53rd floor · completed 2018

5308, DAMAC Royale (Damac Towers) by Paramount Tower C

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

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

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Unit 5308 · DLD and Ejari recordsUpdated 1 October 2014

Last soldAED 1.82M1 October 2014

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Today's valuefree after one verification

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Property timeline for 5308, DAMAC Royale (Damac Towers) by Paramount Tower C

Today

What is 5308 worth today?

Last sold for AED 1,818,300 in 2014

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1 Oct 2014

1 Oct 2014Sold by developerOff-plan

AED 1,818,300AED 3,808 per sqft

Source: Dubai Land Department. Updated 1 October 2014.

Key facts

Type: Studio hotel apartment
Size: 477 sqft
Floor: 53rd of 69
Parking: EU
Developer: DAMAC
Completed: 2018
Service charge: AED 15,700 /yr
Last sold: AED 1.82M · October 2014
Building: DAMAC Royale (Damac Towers) by Paramount Tower C

About 5308, DAMAC Royale (Damac Towers) by Paramount Tower C

5308 is a studio of 477 sqft on the 53rd 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 1 October 2014 for AED 1,818,300, or AED 3,808 per sqft, 24% above the AED 3,062 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5308 over time

Sales

Unit 5308, each saleTypical studio in DAMAC Royale (Damac Towers) by Paramount Tower C

5308 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 5308 sits

All 729 studios →

Studios in DAMAC Royale (Damac Towers) by Paramount Tower C · last 12 months1,577 /sqft DAMAC Royale (Damac Towers) by Paramount Tower C · all types1,567 /sqft

5308 last sold in October 2014 at AED 3,808 per sqft, 24% above what studios in DAMAC Royale (Damac Towers) by Paramount Tower C were fetching at the time (AED 3,062). Over the last 12 months studios sold for AED 694,022 to 1,209,320, around AED 1,577 per sqft.

Recent studio sales	Size	Price (AED)	Per sqft
6 Oct 20266 October 2026	452 sqft	765,417	1,693
1 Oct 20261 October 2026	476 sqft	751,300	1,577
20 Aug 202620 August 2026	476 sqft	810,000	1,700
12 Aug 202612 August 2026	473 sqft	809,000	1,710

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 →

Other units on the 53rd floor

All 824 units in DAMAC Royale (Damac Towers) by Paramount Tower C


5301	Studio	472 sqft	AED 1.1MAED 1,096,000 · Apr 2017April 2017
5302	Studio	637 sqft	AED 1.76MAED 1,758,129 · Dec 2016December 2016
5303	1-bed	1,059 sqft	AED 1.6MAED 1,600,000 · Oct 2018October 2018
5304	Studio	521 sqft	AED 2.05MAED 2,052,000 · Dec 2014December 2014
5305	Studio	499 sqft	AED 1.74MAED 1,743,070 · Mar 2015March 2015
5306	Studio	476 sqft	AED 1.67MAED 1,666,560 · Aug 2014August 2014
5307	Studio	473 sqft	AED 1.66MAED 1,660,050 · Mar 2015March 2015
5309	Studio	482 sqft	AED 1.71MAED 1,709,420 · Mar 2015March 2015
5310	Studio	481 sqft	AED 1.8MAED 1,800,000 · Nov 2014November 2014
5311	Studio	488 sqft	AED 1.69MAED 1,693,250 · May 2014May 2014
5312	Studio	620 sqft	AED 2.35MAED 2,347,450 · Nov 2014November 2014
5313	Studio	484 sqft	AED 1.86MAED 1,862,000 · Oct 2014October 2014
5314	Studio	492 sqft	AED 1.86MAED 1,857,480 · Mar 2015March 2015
5315	Studio	452 sqft	AED 1.32MAED 1,315,650 · Jun 2018June 2018

1–7 of 14

5308, DAMAC Royale (Damac Towers) by Paramount Tower C in numbers

Sold once: by DAMAC on 1 October 2014 for AED 1,818,300, or AED 3,808 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 1 October 2014.

Questions about 5308, DAMAC Royale (Damac Towers) by Paramount Tower C

What did unit 5308 last sell for?

AED 1,818,300 on 1 October 2014, sold by the developer: AED 3,808 per sqft for 477 sqft. It is the only registered sale of the unit.

How big is unit 5308?

477 sqft (44.3 sqm): a studio on the 53rd floor of a 69-storey tower completed in 2018.

What is unit 5308 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 5308, DAMAC Royale (Damac Towers) by Paramount Tower C

Starts from the last sale price (AED 1.82M, 1 October 2014). Switch to today's estimate once you have unlocked it.

Price: AED 1,818,300
Deposit, UAE resident (20%): AED 363,660
Deposit, non-resident (40%): AED 727,320
Monthly over 25 years at 3.7%: AED 7,439

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