1-bed · 1,055 sqftDAMAC Royale (Damac Towers) by Paramount Tower D, Business Bay · 26th floor · completed 2018

2606, DAMAC Royale (Damac Towers) by Paramount Tower D

Sold prices and rental history: sold once, by the developer in June 2013, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2606 · DLD and Ejari recordsUpdated 4 April 2024
Last soldAED 2.36M26 June 2013
Current rentAED 125K /yr4 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2606, DAMAC Royale (Damac Towers) by Paramount Tower D

What is 2606 worth today?

Last sold for AED 2,357,440 in 2013

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

4 Apr 2024RentedNew contract
AED 125,000/yr12 months · AED 118 per sqft
1 Jan 2020RentedNew contract
AED 72,000/yr12 months · AED 68 per sqft
26 Jun 2013Sold by developerOff-plan
AED 2,357,440AED 2,234 per sqft

Source: Dubai Land Department. Updated 4 April 2024.

Key facts

Type
1-bed hotel apartment
Size
1,055 sqft
Floor
26th of 69
Parking
P4-129
Developer
DAMAC
Completed
2018
Service charge
AED 30,100 /yr
Last sold
AED 2.36M · June 2013

About 2606, DAMAC Royale (Damac Towers) by Paramount Tower D

2606 is a one-bedroom hotel apartment of 1,055 sqft on the 26th 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 26 June 2013 for AED 2,357,440, or AED 2,234 per sqft, 5% above the AED 2,127 one-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 4 April 2024, is AED 125,000 a year: a gross yield of 5.3% on the 2013 price, before the service charge of about AED 30,100 a year.

Sales and rents for 2606 over time

Sales
Unit 2606, each saleTypical one-bed in DAMAC Royale (Damac Towers) by Paramount Tower D
1M2M2013201720212025Typical sale price by year: 2013 AED 2,068,815; 2014 AED 2,272,225; 2015 AED 2,321,800; 2016 AED 2,112,950; 2017 AED 1,946,000; 2018 AED 2,013,000; 2019 AED 1,400,000; 2020 AED 944,000; 2021 AED 1,242,857; 2022 AED 1,449,927; 2023 AED 1,350,000; 2024 AED 1,451,374; 2025 AED 1,450,000Sold by developer, June 2013: AED 2,357,440 (AED 2,234 per sqft)

2606 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2606, each contractTypical one-bed in DAMAC Royale (Damac Towers) by Paramount Tower D
100K20192021202320252027Typical rent by year: 2019 AED 72,000; 2020 AED 65,000; 2021 AED 70,000; 2022 AED 85,000; 2023 AED 100,000; 2024 AED 109,412; 2025 AED 110,000; 2026 AED 105,000New contract, January 2020: AED 72,000 a yearNew contract, April 2024: AED 125,000 a year

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 2606 sits

All 185 1-beds →

2606 last sold in June 2013 at AED 2,234 per sqft, 5% 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 1,260,000 to 2,009,000, around AED 1,513 per sqft, and rent for AED 89,250 to 140,000 a year. 2606's AED 125,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Jan 20261,425,000
12 Dec 20251,350,000
24 Jul 20251,700,000
24 Jul 20251,400,000
5 1-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. 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%
DAMAC Royale (Damac Towers) by Paramount Tower D, Business Bay: prices, sales and rents →
Value
26012-bedAED 3.05M · May 2013
26021-bedAED 2.07M · May 2013
26031-bedAED 2.09M · Jun 2013
26041-bedAED 1.97M · Dec 2013
26053-bedAED 3.76M · May 2013
26072-bedAED 3.19M · Dec 2013

2606, DAMAC Royale (Damac Towers) by Paramount Tower D in numbers

  • Sold once: by DAMAC on 26 June 2013 for AED 2,357,440, or AED 2,234 per sqft.
  • Rented since January 2020 on 2 Ejari contracts, from AED 72,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2013 price is 5.3%, 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 1,260,000–2,009,000 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 April 2024.

Questions about 2606, DAMAC Royale (Damac Towers) by Paramount Tower D

What did unit 2606 last sell for?

AED 2,357,440 on 26 June 2013, sold by the developer: AED 2,234 per sqft for 1,055 sqft. It is the only registered sale of the unit.

What is the rent for unit 2606?

AED 125,000 a year on the contract signed on 4 April 2024. The previous contract, from January 2020, was AED 72,000.

How big is unit 2606?

1,055 sqft (98.0 sqm): a one-bedroom hotel apartment on the 26th floor of a 69-storey tower completed in 2018.

What is unit 2606 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.

Selling 2606? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2606, DAMAC Royale (Damac Towers) by Paramount Tower D

Starts from the last sale price (AED 2.36M, 26 June 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,357,440
Deposit, UAE resident (20%)
AED 471,488
Deposit, non-resident (40%)
AED 942,976
Monthly over 25 years at 3.7%
AED 9,645

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