3504, 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 3504, DAMAC Royale (Damac Towers) by Paramount Tower D
What is 3504 worth today?
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Source: Dubai Land Department. Updated 15 August 2024.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 939 sqft
- Floor
- 35th of 69
- Parking
- P5-96
- Developer
- DAMAC
- Completed
- 2018
- Service charge
- AED 26,800 /yr
- Last sold
- AED 1.81M · June 2013
About 3504, DAMAC Royale (Damac Towers) by Paramount Tower D
3504 is a one-bedroom hotel apartment of 939 sqft on the 35th 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 1,813,500, or AED 1,931 per sqft, 9% below the AED 2,127 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 15 August 2024, is AED 110,000 a year: a gross yield of 6.1% on the 2013 price, before the service charge of about AED 26,800 a year.
Sales and rents for 3504 over time
3504 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 3504 sits
All 185 1-beds →3504 last sold in June 2013 at AED 1,931 per sqft, 9% below 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. 3504'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 35th floor
All 399 units in DAMAC Royale (Damac Towers) by Paramount Tower D| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3501 | 2-bed | 1,394 sqft | AED 2.87MAED 2,870,400 · Jun 2013June 2013 | 200,000 /yr | |
| 3502 | 1-bed | 946 sqft | AED 1.88MAED 1,877,850 · Jun 2013June 2013 | 100,000 /yr | |
| 3503 | 1-bed | 929 sqft | AED 1.93MAED 1,926,600 · Jun 2013June 2013 | 120,000 /yr | |
| 3505 | 3-bed | 1,747 sqft | AED 3.55MAED 3,545,100 · Jun 2013June 2013 | 195,000 /yr | |
| 3506 | 1-bed | 1,055 sqft | AED 2.17MAED 2,168,400 · Jun 2013June 2013 | 115,000 /yr | |
| 3507 | 2-bed | 1,515 sqft | AED 3.09MAED 3,094,650 · Jun 2013June 2013 |
3504, DAMAC Royale (Damac Towers) by Paramount Tower D in numbers
- Sold once: by DAMAC on 26 June 2013 for AED 1,813,500, or AED 1,931 per sqft.
- Rented since March 2020 on 6 Ejari contracts. The rent fell from AED 80,000 to AED 70,000 in 2021 and recovered to AED 110,000 by August 2024.
- At AED 110,000 a year the gross yield on the 2013 price is 6.1%, before a service charge of about AED 26,800 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 15 August 2024.
Questions about 3504, DAMAC Royale (Damac Towers) by Paramount Tower D
What did unit 3504 last sell for?
AED 1,813,500 on 26 June 2013, sold by the developer: AED 1,931 per sqft for 939 sqft. It is the only registered sale of the unit.
What is the rent for unit 3504?
AED 110,000 a year on the contract signed on 15 August 2024. The previous contract, from June 2023, was AED 90,000; the unit has been rented since March 2020.
How big is unit 3504?
939 sqft (87.2 sqm): a one-bedroom hotel apartment on the 35th floor of a 69-storey tower completed in 2018.
What is unit 3504 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 3504, DAMAC Royale (Damac Towers) by Paramount Tower D
Starts from the last sale price (AED 1.81M, 26 June 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,813,500
- Deposit, UAE resident (20%)
- AED 362,700
- Deposit, non-resident (40%)
- AED 725,400
- Monthly over 25 years at 3.7%
- AED 7,420
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →