5603, DAMAC Royale (Damac Towers) by Paramount Tower D
Sold prices and rental history: sold once, by the developer in July 2013, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5603, DAMAC Royale (Damac Towers) by Paramount Tower D
What is 5603 worth today?
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Source: Dubai Land Department. Updated 19 September 2026.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 942 sqft
- Floor
- 56th of 69
- Parking
- P6-142
- Developer
- DAMAC
- Completed
- 2018
- Service charge
- AED 26,900 /yr
- Last sold
- AED 2.21M · July 2013
About 5603, DAMAC Royale (Damac Towers) by Paramount Tower D
5603 is a one-bedroom hotel apartment of 942 sqft on the 56th floor of DAMAC Royale (Damac Towers) by Paramount Tower D, a 69-storey tower in Business Bay completed in 2018 by DAMAC. The developer sold it on 14 July 2013 for AED 2,209,200, or AED 2,346 per sqft, 10% above the AED 2,127 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 19 September 2026, is AED 90,000 a year: a gross yield of 4.1% on the 2013 price, before the service charge of about AED 26,900 a year.
Sales and rents for 5603 over time
5603 has sold once; 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 5603 sits
All 199 1-beds →5603 last sold in July 2013 at AED 2,346 per sqft, 10% above what one-beds in DAMAC Royale (Damac Towers) by Paramount Tower D were fetching at the time (AED 2,127). 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. 5603's AED 90,000 is in the lower half 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 56th floor
All 399 units in DAMAC Royale (Damac Towers) by Paramount Tower D| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5601 | 3-bed | 1,962 sqft | AED 2.91MAED 2,908,000 · Mar 2020March 2020 | ||
| 5602 | 2-bed | 1,388 sqft | AED 1.8MAED 1,800,000 · Feb 2021February 2021 | 100,000 /yr | |
| 5604 | 3-bed | 1,744 sqft | AED 2.3MAED 2,300,000 · Sep 2026September 2026 | 180,000 /yr | |
| 5605 | 1-bed | 1,055 sqft | AED 1.86MAED 1,860,000 · Sep 2023September 2023 | 110,000 /yr | |
| 5606 | 2-bed | 1,517 sqft | AED 3.69MAED 3,690,400 · Jun 2013June 2013 | 150,000 /yr |
5603, DAMAC Royale (Damac Towers) by Paramount Tower D in numbers
- Sold once: by DAMAC on 14 July 2013 for AED 2,209,200, or AED 2,346 per sqft.
- Rented since September 2022 on 5 Ejari contracts, from AED 95,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2013 price is 4.1%, before a service charge of about AED 26,900 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 19 September 2026.
Questions about 5603, DAMAC Royale (Damac Towers) by Paramount Tower D
What did unit 5603 last sell for?
AED 2,209,200 on 14 July 2013, sold by the developer: AED 2,346 per sqft for 942 sqft. It is the only registered sale of the unit.
What is the rent for unit 5603?
AED 90,000 a year on the contract renewed on 19 September 2026. The previous contract, from September 2025, was AED 100,000; the unit has been rented since September 2022.
How big is unit 5603?
942 sqft (87.5 sqm): a one-bedroom hotel apartment on the 56th floor of a 69-storey tower completed in 2018.
What is unit 5603 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 5603, DAMAC Royale (Damac Towers) by Paramount Tower D
Starts from the last sale price (AED 2.21M, 14 July 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 2,209,200
- Deposit, UAE resident (20%)
- AED 441,840
- Deposit, non-resident (40%)
- AED 883,680
- Monthly over 25 years at 3.7%
- AED 9,039
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →