1-bed · 946 sqftDAMAC Royale (Damac Towers) by Paramount Tower D, Business Bay · 40th floor · completed 2018

4002, DAMAC Royale (Damac Towers) by Paramount Tower D

Sold prices and rental history: sold twice, last in October 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4002 · DLD and Ejari recordsUpdated 6 November 2026
Last soldAED 1.3M3 October 2017
Current rentAED 80K /yr6 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4002, DAMAC Royale (Damac Towers) by Paramount Tower D

What is 4002 worth today?

Last sold for AED 1,301,400 in 2017

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6 Nov 2026RentedNew contract
AED 80,000/yr12 months · AED 85 per sqft
6 Oct 2025RentedNew contract
AED 115,000/yr12 months · AED 122 per sqft
20 Oct 2024RentedNew contract
AED 129,000/yr12 months · AED 136 per sqft
12 Sep 2023RentedNew contract
AED 120,000/yr12 months · AED 127 per sqft
1 Jun 2022RentedRenewal
AED 85,000/yr12 months · AED 90 per sqft
1 Jun 2021RentedNew contract
AED 70,000/yr12 months · AED 74 per sqft
14 Apr 2020RentedNew contract
AED 85,000/yr12 months · AED 90 per sqft
14 Apr 2019RentedNew contract
AED 85,000/yr12 months · AED 90 per sqft

Source: Dubai Land Department. Updated 6 November 2026.

Key facts

Type
1-bed apartment
Size
946 sqft
Floor
40th of 69
Parking
P5-137
Developer
DAMAC
Completed
2018
Service charge
AED 27,000 /yr
Last sold
AED 1.3M · October 2017

About 4002, DAMAC Royale (Damac Towers) by Paramount Tower D

4002 is a one-bedroom apartment of 946 sqft on the 40th 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 3 October 2017 for AED 1,301,400, or AED 1,376 per sqft, 24% below the AED 1,801 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 6 November 2026, is AED 80,000 a year: a gross yield of 6.2% on the 2017 price, before the service charge of about AED 27,000 a year.

Sales and rents for 4002 over time

Sales
Unit 4002, 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, April 2013: AED 2,108,268 (AED 2,229 per sqft)Sold, October 2017: AED 1,301,400 (AED 1,376 per sqft)

4002 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4002, each contractTypical one-bed in DAMAC Royale (Damac Towers) by Paramount Tower D
100K201920222025Typical 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, April 2019: AED 85,000 a yearNew contract, April 2020: AED 85,000 a yearNew contract, June 2021: AED 70,000 a yearRenewal, June 2022: AED 85,000 a yearNew contract, September 2023: AED 120,000 a yearNew contract, October 2024: AED 129,000 a yearNew contract, October 2025: AED 115,000 a yearNew contract, November 2026: AED 80,000 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 4002 sits

All 199 1-beds →

4002 last sold in October 2017 at AED 1,376 per sqft, 24% below what one-beds in DAMAC Royale (Damac Towers) by Paramount Tower D were fetching at the time (AED 1,801). 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. 4002's AED 80,000 is in the lower 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
40012-bedAED 2.21M · Oct 2017
40031-bedAED 1.33M · Oct 2017
40041-bedAED 900K · Dec 2020
40053-bedAED 2.55M · Nov 2017
40061-bedAED 1.4M · Oct 2017
40072-bedAED 1.2M · Oct 2017

4002, DAMAC Royale (Damac Towers) by Paramount Tower D in numbers

  • Sold twice: first on 16 April 2013 for AED 2,108,268, last on 3 October 2017 for AED 1,301,400 (AED 1,376 per sqft).
  • Rented since April 2019 on 8 Ejari contracts. The rent fell from AED 85,000 to AED 70,000 in 2021 and recovered to AED 80,000 by November 2026.
  • At AED 80,000 a year the gross yield on the 2017 price is 6.2%, before a service charge of about AED 27,000 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 6 November 2026.

Questions about 4002, DAMAC Royale (Damac Towers) by Paramount Tower D

What did unit 4002 last sell for?

AED 1,301,400 on 3 October 2017: AED 1,376 per sqft for 946 sqft. The unit has 2 registered sales; the first was AED 2,108,268 in April 2013.

What is the rent for unit 4002?

AED 80,000 a year on the contract signed on 6 November 2026. The previous contract, from October 2025, was AED 115,000; the unit has been rented since April 2019.

How big is unit 4002?

946 sqft (87.9 sqm): a one-bedroom apartment on the 40th floor of a 69-storey tower completed in 2018.

What is unit 4002 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 4002, DAMAC Royale (Damac Towers) by Paramount Tower D

Starts from the last sale price (AED 1.3M, 3 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,301,400
Deposit, UAE resident (20%)
AED 260,280
Deposit, non-resident (40%)
AED 520,560
Monthly over 25 years at 3.7%
AED 5,324

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