2-bed · 1,408 sqftDAMAC Royale (Damac Towers) by Paramount Tower D, Business Bay · 48th floor · completed 2018

4802, DAMAC Royale (Damac Towers) by Paramount Tower D

Sold prices and rental history: sold twice, last in August 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4802 · DLD and Ejari recordsUpdated 25 November 2025
Last soldAED 2.15M18 August 2022
Current rentAED 180K /yr25 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4802, DAMAC Royale (Damac Towers) by Paramount Tower D

What is 4802 worth today?

Last sold for AED 2,150,000 in 2022

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25 Nov 2025RentedNew contract
AED 180,000/yr12 months · AED 128 per sqft
1 Jul 2025RentedNew contract
AED 156,000/yr12 months · AED 111 per sqft
1 Jul 2025RentedNew contract
AED 156,000/yr12 months · AED 111 per sqft
10 Apr 2023RentedNew contract
AED 155,000/yr12 months · AED 110 per sqft
18 Aug 2022SoldReady
AED 2,150,000AED 1,527 per sqft
3 Mar 2022RentedNew contract
AED 128,000/yr12 months · AED 91 per sqft
4 Nov 2020Sold by developerReady
AED 1,664,000AED 1,182 per sqft

Source: Dubai Land Department. Updated 25 November 2025.

Key facts

Type
2-bed apartment
Size
1,408 sqft
Floor
48th of 69
Parking
P6-90
Developer
DAMAC
Completed
2018
Service charge
AED 40,200 /yr
Last sold
AED 2.15M · August 2022

About 4802, DAMAC Royale (Damac Towers) by Paramount Tower D

4802 is a two-bedroom apartment of 1,408 sqft on the 48th 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 18 August 2022 for AED 2,150,000, or AED 1,527 per sqft, in line with the AED 1,527 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 25 November 2025, is AED 180,000 a year: a gross yield of 8.4% on the 2022 price, before the service charge of about AED 40,200 a year.

Sales and rents for 4802 over time

Sales
Unit 4802, each saleTypical two-bed in DAMAC Royale (Damac Towers) by Paramount Tower D
2M3M2013201720212025Typical sale price by year: 2013 AED 3,094,650; 2014 AED 3,458,400; 2015 AED 3,532,500; 2017 AED 2,368,500; 2019 AED 2,147,950; 2020 AED 2,085,090; 2021 AED 1,986,000; 2022 AED 2,252,240; 2023 AED 2,565,510; 2024 AED 2,200,000; 2025 AED 2,000,000; 2026 AED 1,800,000Sold by developer, November 2020: AED 1,664,000 (AED 1,182 per sqft)Sold, August 2022: AED 2,150,000 (AED 1,527 per sqft)

4802 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4802, each contractTypical two-bed in DAMAC Royale (Damac Towers) by Paramount Tower D
100K150K20192021202320252027Typical rent by year: 2019 AED 100,000; 2020 AED 95,000; 2021 AED 100,000; 2022 AED 125,000; 2023 AED 147,000; 2024 AED 154,500; 2025 AED 150,000; 2026 AED 135,000New contract, March 2022: AED 128,000 a yearNew contract, April 2023: AED 155,000 a yearNew contract, July 2025: AED 156,000 a yearNew contract, July 2025: AED 156,000 a yearNew contract, November 2025: AED 180,000 a year

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

2-beds in DAMAC Royale (Damac Towers) by Paramount Tower D, and where 4802 sits

All 120 2-beds →

4802 last sold in August 2022 at AED 1,527 per sqft, in line with what two-beds in DAMAC Royale (Damac Towers) by Paramount Tower D were fetching at the time (AED 1,527). Over the last 12 months two-beds sold for AED 1,680,000 to 2,600,000, around AED 1,275 per sqft, and rent for AED 100,000 to 210,000 a year. 4802's AED 180,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Oct 20262,600,000
24 Jul 20261,800,000
13 Jul 20261,920,000
9 Jul 20261,680,000
12 2-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
48013-bedAED 3M · Dec 2025
48031-bedAED 2.32M · May 2016

4802, DAMAC Royale (Damac Towers) by Paramount Tower D in numbers

  • Sold twice: first on 4 November 2020 for AED 1,664,000, last on 18 August 2022 for AED 2,150,000 (AED 1,527 per sqft).
  • Rented since March 2022 on 5 Ejari contracts, from AED 128,000 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2022 price is 8.4%, before a service charge of about AED 40,200 a year (AED 28.56 per sqft).
  • Two-beds in DAMAC Royale (Damac Towers) by Paramount Tower D sold for AED 1,680,000–2,600,000 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 25 November 2025.

Questions about 4802, DAMAC Royale (Damac Towers) by Paramount Tower D

What did unit 4802 last sell for?

AED 2,150,000 on 18 August 2022: AED 1,527 per sqft for 1,408 sqft. The unit has 2 registered sales; the first was AED 1,664,000 in November 2020.

What is the rent for unit 4802?

AED 180,000 a year on the contract signed on 25 November 2025. The previous contract, from July 2025, was AED 156,000; the unit has been rented since March 2022.

How big is unit 4802?

1,408 sqft (130.8 sqm): a two-bedroom apartment on the 48th floor of a 69-storey tower completed in 2018.

What is unit 4802 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in DAMAC Royale (Damac Towers) by Paramount Tower D sold for AED 1,680,000 to 2,600,000 in the last 12 months, around AED 1,275 per sqft.

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Mortgage on 4802, DAMAC Royale (Damac Towers) by Paramount Tower D

Starts from the last sale price (AED 2.15M, 18 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

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