1-bed · 939 sqftDAMAC Royale (Damac Towers) by Paramount Tower D, Business Bay · 34th floor · completed 2018

3404, DAMAC Royale (Damac Towers) by Paramount Tower D

Sold prices and rental history: sold twice, last in November 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3404 · DLD and Ejari recordsUpdated 6 November 2024
Last soldAED 1.97M6 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3404, DAMAC Royale (Damac Towers) by Paramount Tower D

What is 3404 worth today?

Last sold for AED 1,968,000 in 2024

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6 Nov 2024SoldReady
AED 1,968,000AED 2,095 per sqft
27 Oct 2021Sold by developerReady
AED 1,515,464AED 1,613 per sqft

Source: Dubai Land Department. Updated 6 November 2024.

Key facts

Type
1-bed apartment
Size
939 sqft
Floor
34th of 69
Parking
P5-88
Developer
DAMAC
Completed
2018
Service charge
AED 26,800 /yr
Last sold
AED 1.97M · November 2024

About 3404, DAMAC Royale (Damac Towers) by Paramount Tower D

3404 is a one-bedroom apartment of 939 sqft on the 34th 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 6 November 2024 for AED 1,968,000, or AED 2,095 per sqft, 33% above the AED 1,574 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3404 over time

Sales
Unit 3404, 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, October 2021: AED 1,515,464 (AED 1,613 per sqft)Sold, November 2024: AED 1,968,000 (AED 2,095 per sqft)

3404 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3404, each contractTypical one-bed in DAMAC Royale (Damac Towers) by Paramount Tower D
75K100K20192021202320252027Typical 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 90,000

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 3404 sits

All 199 1-beds →

3404 last sold in November 2024 at AED 2,095 per sqft, 33% above what one-beds in DAMAC Royale (Damac Towers) by Paramount Tower D were fetching at the time (AED 1,574). 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.

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
34012-bedAED 2.21M · Sep 2021
34021-bedAED 1.33M · May 2021
34031-bedAED 1.35M · Apr 2021
34053-bedAED 2.2M · Sep 2022
34061-bedAED 2.02M · Feb 2022
34072-bedAED 2.2M · Aug 2021

3404, DAMAC Royale (Damac Towers) by Paramount Tower D in numbers

  • Sold twice: first on 27 October 2021 for AED 1,515,464, last on 6 November 2024 for AED 1,968,000 (AED 2,095 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 6 November 2024.

Questions about 3404, DAMAC Royale (Damac Towers) by Paramount Tower D

What did unit 3404 last sell for?

AED 1,968,000 on 6 November 2024: AED 2,095 per sqft for 939 sqft. The unit has 2 registered sales; the first was AED 1,515,464 in October 2021.

How big is unit 3404?

939 sqft (87.2 sqm): a one-bedroom apartment on the 34th floor of a 69-storey tower completed in 2018.

What is unit 3404 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 3404, DAMAC Royale (Damac Towers) by Paramount Tower D

Starts from the last sale price (AED 1.97M, 6 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,968,000
Deposit, UAE resident (20%)
AED 393,600
Deposit, non-resident (40%)
AED 787,200
Monthly over 25 years at 3.7%
AED 8,052

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