3-bed · 1,940 sqftDAMAC Royale (Damac Towers) by Paramount Tower A, Business Bay · 52nd floor · completed 2018

5201, DAMAC Royale (Damac Towers) by Paramount Tower A

Sold prices and rental history: sold once, by the developer in April 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5201 · DLD and Ejari recordsUpdated 18 April 2025
Last soldAED 4.99M27 April 2014
Current rentAED 207K /yr18 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5201, DAMAC Royale (Damac Towers) by Paramount Tower A

What is 5201 worth today?

Last sold for AED 4,986,550 in 2014

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18 Apr 2025RentedNew contract
AED 207,000/yr12 months · AED 107 per sqft
15 Apr 2024RentedNew contract
AED 185,000/yr12 months · AED 95 per sqft
5 Sep 2022RentedRenewal
AED 131,000/yr12 months · AED 68 per sqft
5 Sep 2021RentedRenewal
AED 130,000/yr12 months · AED 67 per sqft
5 Sep 2020RentedNew contract
AED 120,000/yr12 months · AED 62 per sqft
15 Jun 2019RentedNew contract
AED 125,000/yr13 months · AED 65 per sqft
27 Apr 2014Sold by developerOff-plan
AED 4,986,550AED 2,569 per sqft

Source: Dubai Land Department. Updated 18 April 2025.

Key facts

Type
3-bed hotel apartment
Size
1,940 sqft
Floor
52nd of 69
Parking
P5-235 & P5-237
Developer
DAMAC
Completed
2018
Service charge
AED 55,600 /yr
Last sold
AED 4.99M · April 2014

About 5201, DAMAC Royale (Damac Towers) by Paramount Tower A

5201 is a three-bedroom hotel apartment of 1,940 sqft on the 52nd floor of DAMAC Royale (Damac Towers) by Paramount Tower A, a 69-storey tower in Business Bay completed in 2018 by DAMAC. The developer sold it on 27 April 2014 for AED 4,986,550, or AED 2,569 per sqft, 22% above the AED 2,101 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 18 April 2025, is AED 207,000 a year: a gross yield of 4.2% on the 2014 price, before the service charge of about AED 55,600 a year.

Sales and rents for 5201 over time

Sales
Unit 5201, each saleTypical three-bed in DAMAC Royale (Damac Towers) by Paramount Tower A
2M4M2013201720212025Typical sale price by year: 2013 AED 3,786,000; 2014 AED 4,442,925; 2017 AED 3,774,000; 2020 AED 2,071,574; 2021 AED 2,442,511; 2022 AED 2,958,270; 2023 AED 2,500,000; 2024 AED 3,105,000; 2025 AED 3,195,120Sold by developer, April 2014: AED 4,986,550 (AED 2,569 per sqft)

5201 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5201, each contractTypical three-bed in DAMAC Royale (Damac Towers) by Paramount Tower A
150K200K2019202120232025Typical rent by year: 2019 AED 125,000; 2020 AED 120,000; 2021 AED 130,000; 2022 AED 155,000; 2023 AED 199,500; 2024 AED 189,000; 2025 AED 200,000New contract, June 2019: AED 125,000 a yearNew contract, September 2020: AED 120,000 a yearRenewal, September 2021: AED 130,000 a yearRenewal, September 2022: AED 131,000 a yearNew contract, April 2024: AED 185,000 a yearNew contract, April 2025: AED 207,000 a year

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

3-beds in DAMAC Royale (Damac Towers) by Paramount Tower A, and where 5201 sits

All 78 3-beds →

5201 last sold in April 2014 at AED 2,569 per sqft, 22% above what three-beds in DAMAC Royale (Damac Towers) by Paramount Tower A were fetching at the time (AED 2,101). Over the last 12 months three-beds sold for AED 2,750,000 to 3,403,200, around AED 1,762 per sqft, and rent for AED 180,000 to 205,000 a year. 5201's AED 207,000 is at the top of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
12 Jan 20262,750,000
3 Jul 20252,850,000
16 Apr 20253,540,240
24 Feb 20252,850,000
2 3-bed sales in the last 12 months

DAMAC Royale (Damac Towers) by Paramount Tower A

Building

398 apartments, 1-bed to 4-bed over 69 floors in Business Bay, completed in 2018 by DAMAC. 11 sold in the last 12 months.

Typical price per sqft
AED 1,894 Up 18.9%
Typical sale
AED 2.02M
Typical rent
AED 111K /yr
Typical yield
5.7%
DAMAC Royale (Damac Towers) by Paramount Tower A, Business Bay: prices, sales and rents →
Value
52022-bedAED 3.53M · Apr 2014
52031-bedAED 2.32M · Apr 2014
52043-bedAED 3.99M · May 2014
52051-bedAED 1.68M · Apr 2025
52062-bedAED 2.44M · Apr 2022

5201, DAMAC Royale (Damac Towers) by Paramount Tower A in numbers

  • Sold once: by DAMAC on 27 April 2014 for AED 4,986,550, or AED 2,569 per sqft.
  • Rented since June 2019 on 6 Ejari contracts, from AED 125,000 to AED 207,000 a year.
  • At AED 207,000 a year the gross yield on the 2014 price is 4.2%, before a service charge of about AED 55,600 a year (AED 28.65 per sqft).
  • Three-beds in DAMAC Royale (Damac Towers) by Paramount Tower A sold for AED 2,750,000–3,403,200 in the 12 months to November 2026; the building's median across all types is AED 1,894 per sqft.

Source: Dubai Land Department. Updated 18 April 2025.

Questions about 5201, DAMAC Royale (Damac Towers) by Paramount Tower A

What did unit 5201 last sell for?

AED 4,986,550 on 27 April 2014, sold by the developer: AED 2,569 per sqft for 1,940 sqft. It is the only registered sale of the unit.

What is the rent for unit 5201?

AED 207,000 a year on the contract signed on 18 April 2025. The previous contract, from April 2024, was AED 185,000; the unit has been rented since June 2019.

How big is unit 5201?

1,940 sqft (180.2 sqm): a three-bedroom hotel apartment on the 52nd floor of a 69-storey tower completed in 2018.

What is unit 5201 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in DAMAC Royale (Damac Towers) by Paramount Tower A sold for AED 2,750,000 to 3,403,200 in the last 12 months, around AED 1,762 per sqft.

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Mortgage on 5201, DAMAC Royale (Damac Towers) by Paramount Tower A

Starts from the last sale price (AED 4.99M, 27 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 4,986,550
Deposit, UAE resident (20%)
AED 997,310
Deposit, non-resident (40%)
AED 1,994,620
Monthly over 25 years at 3.7%
AED 20,402

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