Unit 5101, DAMAC Towers by Paramount, Tower A: what it sold for and what it is worth now

Unit 5101 at DAMAC Towers by Paramount, Tower A is a 3 bed of 1,936 sq ft. It last sold for AED 1,700,000 on 23 Mar 2020. At AED 1,578 per sq ft, from 11 sales of units ending 01 (same position in the tower), it is worth about AED 3,055,000 today.

Value todayAED 3,055,000AED 2,813,000 to AED 3,426,000
Last saleAED 1,700,00023 Mar 2020 · Resale
Change since last sale+79.7%Building trend alone: AED 1,638,832
Rent (median asking, 3 bed)AED 177,500Gross yield 5.8%
Bedrooms3 bed
Size1,936 sq ft
Floor51 (from the unit number)
Position in the towerStack 01: units ending 01 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 5101

DatePriceSizeAED/sq ftType
23 Mar 2020AED 1,700,0001,936 sq ft878Resale

Units ending 01 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
200121 Sep 2026AED 1,750,0001,394 sq ft1,255Resale
61019 Sep 2026AED 3,040,0001,997 sq ft1,522Resale
630113 May 2026AED 4,132,0002,014 sq ft2,052Resale
550112 May 2026AED 2,550,0001,956 sq ft1,304Resale
420128 Apr 2026AED 2,903,0001,394 sq ft2,082Resale
35013 Jul 2025AED 2,100,0001,394 sq ft1,506Resale
8017 Apr 2025AED 2,150,0001,345 sq ft1,599Resale
480111 Feb 2025AED 3,718,3001,923 sq ft1,934Resale

Latest 3 bed sales in DAMAC Towers by Paramount, Tower A

UnitDatePriceSizeAED/sq ftType
320516 Oct 2026AED 2,400,0001,747 sq ft1,374Resale
61019 Sep 2026AED 3,040,0001,997 sq ft1,522Resale
19058 Sep 2026AED 2,600,0001,746 sq ft1,489Resale
65042 Jul 2026AED 2,767,2971,744 sq ft1,587Resale
11054 Jun 2026AED 2,600,0001,746 sq ft1,489Resale
630113 May 2026AED 4,132,0002,014 sq ft2,052Resale
550112 May 2026AED 2,550,0001,956 sq ft1,304Resale
36051 May 2026AED 2,737,6401,747 sq ft1,567Resale

How we worked out the value

We took the 11 resale sales of units ending 01 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,578). We multiplied it by the size of this unit (1,936 sq ft). The range uses the middle half of those sales (AED 1,453 to AED 1,770 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,638,832. 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 5101 at DAMAC Towers by Paramount, Tower A worth?

About AED 3,055,000 (range AED 2,813,000 to AED 3,426,000), based on AED 1,578 per sq ft from registered sales up to 19 Oct 2026.

When did unit 5101 last sell?

23 Mar 2020, for AED 1,700,000 (resale). It has 1 registered sale.

What rent can unit 5101 make?

A 3 bed in DAMAC Towers by Paramount, Tower A rents for about AED 177,500 a year (median asking rent). That is a gross yield of 5.8% on the estimate.

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

Unit 5006 · Unit 5102