1302, DAMAC Royale (Damac Towers) by Paramount Tower D
Sold prices and rental history: sold once, by the developer in June 2013, 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 1302, DAMAC Royale (Damac Towers) by Paramount Tower D
What is 1302 worth today?
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Source: Dubai Land Department. Updated 4 May 2025.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 965 sqft
- Floor
- 13th of 69
- Parking
- P3-41
- Developer
- DAMAC
- Completed
- 2018
- Service charge
- AED 27,600 /yr
- Last sold
- AED 2.01M · June 2013
About 1302, DAMAC Royale (Damac Towers) by Paramount Tower D
1302 is a one-bedroom hotel apartment of 965 sqft on the 13th 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 27 June 2013 for AED 2,014,600, or AED 2,087 per sqft, in line with the AED 2,127 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 4 May 2025, is AED 110,000 a year: a gross yield of 5.5% on the 2013 price, before the service charge of about AED 27,600 a year.
Sales and rents for 1302 over time
1302 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 1302 sits
All 185 1-beds →1302 last sold in June 2013 at AED 2,087 per sqft, in line with 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 1,260,000 to 2,009,000, around AED 1,513 per sqft, and rent for AED 89,250 to 140,000 a year. 1302's AED 110,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Jan 202614 January 2026 | 942 sqft | 1,425,000 | 1,513 | ||
| 12 Dec 202512 December 2025 | 929 sqft | 1,350,000 | 1,453 | ||
| 24 Jul 202524 July 2025 | 1,055 sqft | 1,700,000 | 1,611 | ||
| 24 Jul 202524 July 2025 | 929 sqft | 1,400,000 | 1,507 |
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. 10 sold in the last 12 months.
- Typical price per sqft
- AED 1,518 Up 5.9%
- Typical sale
- AED 1.94M
- Typical rent
- AED 125K /yr
- Typical yield
- 7.2%
Other units on the 13th floor
All 399 units in DAMAC Royale (Damac Towers) by Paramount Tower D| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 2-bed | 1,476 sqft | AED 1.6MAED 1,600,000 · Sep 2021September 2021 | 120,000 /yr | |
| 1303 | 1-bed | 929 sqft | AED 1.98MAED 1,976,100 · May 2013May 2013 | ||
| 1304 | 1-bed | 939 sqft | AED 850KAED 850,000 · Oct 2020October 2020 | 70,000 /yr | |
| 1305 | 3-bed | 1,747 sqft | AED 3.55MAED 3,545,100 · Jul 2013July 2013 | ||
| 1306 | 1-bed | 1,055 sqft | AED 2.22MAED 2,224,000 · Apr 2013April 2013 | 75,000 /yr | |
| 1307 | 2-bed | 1,515 sqft | AED 3.09MAED 3,094,650 · May 2013May 2013 |
1302, DAMAC Royale (Damac Towers) by Paramount Tower D in numbers
- Sold once: by DAMAC on 27 June 2013 for AED 2,014,600, or AED 2,087 per sqft.
- Rented since June 2020 on 5 Ejari contracts, from AED 62,000 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2013 price is 5.5%, before a service charge of about AED 27,600 a year (AED 28.56 per sqft).
- One-beds in DAMAC Royale (Damac Towers) by Paramount Tower D sold for AED 1,260,000–2,009,000 in the 12 months to November 2026; the building's median across all types is AED 1,518 per sqft.
Source: Dubai Land Department. Updated 4 May 2025.
Questions about 1302, DAMAC Royale (Damac Towers) by Paramount Tower D
What did unit 1302 last sell for?
AED 2,014,600 on 27 June 2013, sold by the developer: AED 2,087 per sqft for 965 sqft. It is the only registered sale of the unit.
What is the rent for unit 1302?
AED 110,000 a year on the contract signed on 4 May 2025. The previous contract, from August 2024, was AED 110,000; the unit has been rented since June 2020.
How big is unit 1302?
965 sqft (89.7 sqm): a one-bedroom hotel apartment on the 13th floor of a 69-storey tower completed in 2018.
What is unit 1302 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 1,260,000 to 2,009,000 in the last 12 months, around AED 1,513 per sqft.
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Mortgage on 1302, DAMAC Royale (Damac Towers) by Paramount Tower D
Starts from the last sale price (AED 2.01M, 27 June 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 2,014,600
- Deposit, UAE resident (20%)
- AED 402,920
- Deposit, non-resident (40%)
- AED 805,840
- Monthly over 25 years at 3.7%
- AED 8,242
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →