4606, DAMAC Royale (Damac Towers) by Paramount Tower D
Sold prices and rental history: sold 3 times, last in February 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4606, DAMAC Royale (Damac Towers) by Paramount Tower D
What is 4606 worth today?
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Source: Dubai Land Department. Updated 22 February 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,055 sqft
- Floor
- 46th of 69
- Parking
- P6-85
- Developer
- DAMAC
- Completed
- 2018
- Service charge
- AED 30,100 /yr
- Last sold
- AED 1.37M · February 2024
About 4606, DAMAC Royale (Damac Towers) by Paramount Tower D
4606 is a one-bedroom apartment of 1,055 sqft on the 46th 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 22 February 2024 for AED 1,371,000, or AED 1,299 per sqft, 9% below the AED 1,429 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 11 December 2022, is AED 20,000 a year: a gross yield of 1.5% on the 2024 price, before the service charge of about AED 30,100 a year.
Sales and rents for 4606 over time
4606 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 4606 sits
All 199 1-beds →4606 last sold in February 2024 at AED 1,299 per sqft, 9% below 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. 4606's AED 20,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Nov 20262 November 2026 | 929 sqft | 1,878,720 | 2,022 | ||
| 23 Oct 202623 October 2026 | 929 sqft | 1,188,674 | 1,279 | ||
| 22 Oct 202622 October 2026 | 929 sqft | 1,360,000 | 1,464 | ||
| 9 Oct 20269 October 2026 | 929 sqft | 1,225,000 | 1,318 |
DAMAC Royale (Damac Towers) by Paramount Tower D
Building399 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%
Other units on the 46th floor
All 399 units in DAMAC Royale (Damac Towers) by Paramount Tower D| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4601 | 2-bed | 1,394 sqft | AED 2.09MAED 2,090,000 · Aug 2021August 2021 | 175,000 /yr | |
| 4602 | 1-bed | 955 sqft | AED 1.32MAED 1,324,073 · Jan 2021January 2021 | ||
| 4603 | 1-bed | 929 sqft | AED 1.95MAED 1,953,000 · Jun 2013June 2013 | 105,000 /yr | |
| 4604 | 1-bed | 939 sqft | AED 2.24MAED 2,239,200 · Apr 2016April 2016 | ||
| 4605 | 3-bed | 1,711 sqft | AED 3.73MAED 3,732,160 · Jul 2017July 2017 | 180,000 /yr | |
| 4607 | 2-bed | 1,515 sqft | AED 2.81MAED 2,810,000 · Jan 2023January 2023 | 160,000 /yr |
4606, DAMAC Royale (Damac Towers) by Paramount Tower D in numbers
- Sold 3 times: first on 6 October 2020 for AED 1,300,000, last on 22 February 2024 for AED 1,371,000 (AED 1,299 per sqft).
- Rented since November 2020 on 4 Ejari contracts, from AED 39,889 to AED 20,000 a year.
- At AED 20,000 a year the gross yield on the 2024 price is 1.5%, before a service charge of about AED 30,100 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 22 February 2024.
Questions about 4606, DAMAC Royale (Damac Towers) by Paramount Tower D
What did unit 4606 last sell for?
AED 1,371,000 on 22 February 2024: AED 1,299 per sqft for 1,055 sqft. The unit has 3 registered sales; the first was AED 1,300,000 in October 2020.
What is the rent for unit 4606?
AED 20,000 a year on the contract signed on 11 December 2022. The previous contract, from December 2022, was AED 20,000; the unit has been rented since November 2020.
How big is unit 4606?
1,055 sqft (98.0 sqm): a one-bedroom apartment on the 46th floor of a 69-storey tower completed in 2018.
What is unit 4606 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 4606, DAMAC Royale (Damac Towers) by Paramount Tower D
Starts from the last sale price (AED 1.37M, 22 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,371,000
- Deposit, UAE resident (20%)
- AED 274,200
- Deposit, non-resident (40%)
- AED 548,400
- Monthly over 25 years at 3.7%
- AED 5,609
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →