Unit 5406, DAMAC Towers by Paramount, Tower A: what it sold for and what it is worth now

Unit 5406 at DAMAC Towers by Paramount, Tower A is a 2 bed of 1,517 sq ft. It last sold for AED 2,138,254 on 11 Jun 2026. At AED 1,412 per sq ft, from 7 sales of units ending 06 (same position in the tower), it is worth about AED 2,142,000 today.

Value todayAED 2,142,000AED 2,112,000 to AED 2,229,000
Last saleAED 2,138,25411 Jun 2026 · Resale
Change since last sale+0.2%Building trend alone: AED 2,164,550
Rent (median asking, 2 bed)AED 150,000Gross yield 7.0%
Bedrooms2 bed
Size1,517 sq ft
Floor54 (from the unit number)
Position in the towerStack 06: units ending 06 share the same layout and view
BuildingDAMAC Towers by Paramount, Tower A by DAMAC Properties, handed over 2019
Registered sales of this unit2

Every registered sale of unit 5406

DatePriceSizeAED/sq ftType
11 Jun 2026AED 2,138,2541,517 sq ft1,410Resale
20 May 2024AED 2,000,0001,517 sq ft1,318Resale

Units ending 06 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
90630 Sep 2026AED 1,363,4001,042 sq ft1,308Resale
38062 Sep 2026AED 1,490,0001,055 sq ft1,412Resale
690617 Aug 2026AED 1,520,0001,041 sq ft1,460Resale
150613 Mar 2026AED 1,560,3901,055 sq ft1,479Resale
51061 Jul 2025AED 2,600,0001,517 sq ft1,714Resale
230621 Nov 2024AED 1,450,0001,055 sq ft1,374Resale
68067 Aug 2024AED 2,850,0001,517 sq ft1,879Resale
57066 Jun 2024AED 2,100,0001,517 sq ft1,384Resale

Latest 2 bed sales in DAMAC Towers by Paramount, Tower A

UnitDatePriceSizeAED/sq ftType
630229 Sep 2026AED 2,683,6401,388 sq ft1,933Resale
420728 Sep 2026AED 2,957,3501,515 sq ft1,952Resale
200121 Sep 2026AED 1,750,0001,394 sq ft1,255Resale
64024 Sep 2026AED 2,000,0001,388 sq ft1,441Resale
80528 Apr 2026AED 2,250,0001,848 sq ft1,218Resale
420128 Apr 2026AED 2,903,0001,394 sq ft2,082Resale
280714 Jan 2026AED 2,200,0001,515 sq ft1,452Resale
320713 Nov 2025AED 3,029,1801,515 sq ft1,999Resale

How we worked out the value

We took the 7 resale sales of units ending 06 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,412). We multiplied it by the size of this unit (1,517 sq ft). The range uses the middle half of those sales (AED 1,392 to AED 1,470 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 2,164,550. 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 5406 at DAMAC Towers by Paramount, Tower A worth?

About AED 2,142,000 (range AED 2,112,000 to AED 2,229,000), based on AED 1,412 per sq ft from registered sales up to 19 Oct 2026.

When did unit 5406 last sell?

11 Jun 2026, for AED 2,138,254 (resale). It has 2 registered sales.

What rent can unit 5406 make?

A 2 bed in DAMAC Towers by Paramount, Tower A rents for about AED 150,000 a year (median asking rent). That is a gross yield of 7.0% on the estimate.

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

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