1-bed · 959 sqftDAMAC Royale (Damac Towers) by Paramount Tower D, Business Bay · 28th floor · completed 2018

2802, DAMAC Royale (Damac Towers) by Paramount Tower D

Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2802 · DLD and Ejari recordsUpdated 29 June 2026
Last soldAED 2.05M12 February 2024
Current rentAED 170K /yr29 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2802, DAMAC Royale (Damac Towers) by Paramount Tower D

What is 2802 worth today?

Last sold for AED 2,050,000 in 2024

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29 Jun 2026RentedNew contract
AED 170,000/yr12 months · AED 177 per sqft
12 Feb 2024SoldReady
AED 2,050,000AED 2,138 per sqft
28 Dec 2021RentedRenewal
AED 66,150/yr12 months · AED 69 per sqft
28 Dec 2020RentedNew contract
AED 63,000/yr12 months · AED 66 per sqft
1 Sep 2019RentedNew contract
AED 75,000/yr12 months · AED 78 per sqft
30 May 2018Sold by developerOff-plan
AED 2,109,000AED 2,199 per sqft

Source: Dubai Land Department. Updated 29 June 2026.

Key facts

Type
1-bed apartment
Size
959 sqft
Floor
28th of 69
Parking
P4-139
Developer
DAMAC
Completed
2018
Service charge
AED 27,400 /yr
Last sold
AED 2.05M · February 2024

About 2802, DAMAC Royale (Damac Towers) by Paramount Tower D

2802 is a one-bedroom apartment of 959 sqft on the 28th floor of DAMAC Royale (Damac Towers) by Paramount Tower D, a 69-storey tower in Business Bay completed in 2018 by DAMAC. It last sold on 12 February 2024 for AED 2,050,000, or AED 2,138 per sqft, 50% above the AED 1,429 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 29 June 2026, is AED 170,000 a year: a gross yield of 8.3% on the 2024 price, before the service charge of about AED 27,400 a year.

Sales and rents for 2802 over time

Sales
Unit 2802, each saleTypical one-bed in DAMAC Royale (Damac Towers) by Paramount Tower D
1M2M2013201720212025Typical sale price by year: 2013 AED 2,068,408; 2014 AED 2,298,050; 2015 AED 2,321,800; 2016 AED 2,112,950; 2017 AED 1,946,000; 2018 AED 2,013,000; 2019 AED 2,109,000; 2020 AED 988,000; 2021 AED 1,242,857; 2022 AED 1,438,685; 2023 AED 1,355,000; 2024 AED 1,451,374; 2025 AED 1,450,000; 2026 AED 1,300,000Sold by developer, May 2018: AED 2,109,000 (AED 2,199 per sqft)Sold, February 2024: AED 2,050,000 (AED 2,138 per sqft)

2802 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2802, each contractTypical one-bed in DAMAC Royale (Damac Towers) by Paramount Tower D
50K100K150K20192021202320252027Typical rent by year: 2019 AED 72,000; 2020 AED 65,000; 2021 AED 70,000; 2022 AED 85,000; 2023 AED 100,000; 2024 AED 109,412; 2025 AED 110,000; 2026 AED 90,000New contract, September 2019: AED 75,000 a yearNew contract, December 2020: AED 63,000 a yearRenewal, December 2021: AED 66,150 a yearNew contract, June 2026: AED 170,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in DAMAC Royale (Damac Towers) by Paramount Tower D, and where 2802 sits

All 199 1-beds →

2802 last sold in February 2024 at AED 2,138 per sqft, 50% above what one-beds in DAMAC Royale (Damac Towers) by Paramount Tower D were fetching at the time (AED 1,429). Over the last 12 months one-beds sold for AED 1,188,674 to 2,009,000, around AED 1,388 per sqft, and rent for AED 75,000 to 190,000 a year. 2802's AED 170,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Nov 20261,878,720
23 Oct 20261,188,674
22 Oct 20261,360,000
9 Oct 20261,225,000
24 1-bed sales in the last 12 months

DAMAC Royale (Damac Towers) by Paramount Tower D

Building

399 apartments, 1-bed to 3-bed over 69 floors in Business Bay, completed in 2018 by DAMAC. 43 sold in the last 12 months.

Typical price per sqft
AED 1,331 Down 7.1%
Typical sale
AED 1.53M
Typical rent
AED 120K /yr
Typical yield
7.2%
DAMAC Royale (Damac Towers) by Paramount Tower D, Business Bay: prices, sales and rents →
Value
28012-bedAED 3.47M · Nov 2014
28031-bedAED 1.25M · Jan 2022
28041-bedAED 1.49M · Mar 2025
28053-bedAED 2.5M · Dec 2024
28061-bedAED 1.95M · Mar 2023
28072-bedAED 2.25M · Sep 2025

2802, DAMAC Royale (Damac Towers) by Paramount Tower D in numbers

  • Sold twice: first on 30 May 2018 for AED 2,109,000, last on 12 February 2024 for AED 2,050,000 (AED 2,138 per sqft).
  • Rented since September 2019 on 4 Ejari contracts. The rent fell from AED 75,000 to AED 63,000 in 2020 and recovered to AED 170,000 by June 2026.
  • At AED 170,000 a year the gross yield on the 2024 price is 8.3%, before a service charge of about AED 27,400 a year (AED 28.56 per sqft).
  • One-beds in DAMAC Royale (Damac Towers) by Paramount Tower D sold for AED 1,188,674–2,009,000 in the 12 months to November 2026; the building's median across all types is AED 1,331 per sqft.

Source: Dubai Land Department. Updated 29 June 2026.

Questions about 2802, DAMAC Royale (Damac Towers) by Paramount Tower D

What did unit 2802 last sell for?

AED 2,050,000 on 12 February 2024: AED 2,138 per sqft for 959 sqft. The unit has 2 registered sales; the first was AED 2,109,000 in May 2018.

What is the rent for unit 2802?

AED 170,000 a year on the contract signed on 29 June 2026. The previous contract, from December 2021, was AED 66,150; the unit has been rented since September 2019.

How big is unit 2802?

959 sqft (89.1 sqm): a one-bedroom apartment on the 28th floor of a 69-storey tower completed in 2018.

What is unit 2802 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 D sold for AED 1,188,674 to 2,009,000 in the last 12 months, around AED 1,388 per sqft.

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Mortgage on 2802, DAMAC Royale (Damac Towers) by Paramount Tower D

Starts from the last sale price (AED 2.05M, 12 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,050,000
Deposit, UAE resident (20%)
AED 410,000
Deposit, non-resident (40%)
AED 820,000
Monthly over 25 years at 3.7%
AED 8,387

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