Unit 1502, DAMAC Towers by Paramount, Tower A: what it sold for and what it is worth now

Unit 1502 at DAMAC Towers by Paramount, Tower A is a 1 bed of 965 sq ft. It last sold for AED 1,608,000 on 3 Jun 2022. At AED 1,582 per sq ft, from 14 sales of units ending 02 (same position in the tower), it is worth about AED 1,527,000 today.

Value todayAED 1,527,000AED 1,458,000 to AED 1,790,000
Last saleAED 1,608,0003 Jun 2022 · Resale
Change since last sale-5.0%Building trend alone: AED 1,603,684
Rent (median asking, 1 bed)AED 95,000Gross yield 6.2%
Bedrooms1 bed
Size965 sq ft
Floor15 (from the unit number)
Position in the towerStack 02: units ending 02 share the same layout and view
BuildingDAMAC Towers by Paramount, Tower A by DAMAC Properties, handed over 2019
Registered sales of this unit1

Every registered sale of unit 1502

DatePriceSizeAED/sq ftType
3 Jun 2022AED 1,608,000965 sq ft1,666Resale

Units ending 02 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
630229 Sep 2026AED 2,683,6401,388 sq ft1,933Resale
64024 Sep 2026AED 2,000,0001,388 sq ft1,441Resale
390229 Aug 2026AED 1,500,000945 sq ft1,587Resale
380224 Aug 2026AED 1,300,000945 sq ft1,376Resale
420217 Feb 2026AED 2,021,000948 sq ft2,132Resale
450227 Jan 2026AED 1,421,550953 sq ft1,492Resale
670226 Jun 2025AED 2,200,0001,388 sq ft1,585Resale
220211 Jun 2025AED 1,453,454987 sq ft1,473Resale

Latest 1 bed sales in DAMAC Towers by Paramount, Tower A

UnitDatePriceSizeAED/sq ftType
170319 Oct 2026AED 1,150,000929 sq ft1,238Resale
90630 Sep 2026AED 1,363,4001,042 sq ft1,308Resale
38062 Sep 2026AED 1,490,0001,055 sq ft1,412Resale
390229 Aug 2026AED 1,500,000945 sq ft1,587Resale
380224 Aug 2026AED 1,300,000945 sq ft1,376Resale
690617 Aug 2026AED 1,520,0001,041 sq ft1,460Resale
640310 Jun 2026AED 1,420,000942 sq ft1,507Resale
69035 Jun 2026AED 1,384,120941 sq ft1,471Resale

How we worked out the value

We took the 14 resale sales of units ending 02 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,582). We multiplied it by the size of this unit (965 sq ft). The range uses the middle half of those sales (AED 1,511 to AED 1,855 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,603,684. Floor, view, condition and upgrades can move the price either way. Sales data to 19 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 1502 at DAMAC Towers by Paramount, Tower A worth?

About AED 1,527,000 (range AED 1,458,000 to AED 1,790,000), based on AED 1,582 per sq ft from registered sales up to 19 Oct 2026.

When did unit 1502 last sell?

3 Jun 2022, for AED 1,608,000 (resale). It has 1 registered sale.

What rent can unit 1502 make?

A 1 bed in DAMAC Towers by Paramount, Tower A rents for about AED 95,000 a year (median asking rent). That is a gross yield of 6.2% on the estimate.

Sales alert for DAMAC Towers by Paramount, Tower AAll sales in DAMAC Towers by Paramount, Tower A

Unit 1501 · Unit 1503