Unit 5505 at DAMAC Towers by Paramount, Tower A is a 1 bed of 1,055 sq ft. It last sold for AED 1,400,000 on 23 Oct 2023. At AED 1,564 per sq ft, from 14 sales of units ending 05 (same position in the tower), it is worth about AED 1,650,000 today.
| Bedrooms | 1 bed |
|---|---|
| Size | 1,055 sq ft |
| Floor | 55 (from the unit number) |
| Position in the tower | Stack 05: units ending 05 share the same layout and view |
| Building | DAMAC Towers by Paramount, Tower A by DAMAC Properties, handed over 2019 |
| Registered sales of this unit | 2 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 23 Oct 2023 | AED 1,400,000 | 1,055 sq ft | 1,327 | Resale |
| 31 Dec 2020 | AED 1,424,000 | 1,055 sq ft | 1,350 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 3205 | 16 Oct 2026 | AED 2,400,000 | 1,747 sq ft | 1,374 | Resale |
| 1905 | 8 Sep 2026 | AED 2,600,000 | 1,746 sq ft | 1,489 | Resale |
| 6905 | 5 Jun 2026 | AED 1,100,000 | 944 sq ft | 1,165 | Resale |
| 1105 | 4 Jun 2026 | AED 2,600,000 | 1,746 sq ft | 1,489 | Resale |
| 3705 | 3 Jun 2026 | AED 5,349,550 | 2,801 sq ft | 1,910 | Resale |
| 3605 | 1 May 2026 | AED 2,737,640 | 1,747 sq ft | 1,567 | Resale |
| 805 | 28 Apr 2026 | AED 2,250,000 | 1,848 sq ft | 1,218 | Resale |
| 6805 | 21 Jan 2026 | AED 2,000,000 | 1,056 sq ft | 1,894 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 1703 | 19 Oct 2026 | AED 1,150,000 | 929 sq ft | 1,238 | Resale |
| 906 | 30 Sep 2026 | AED 1,363,400 | 1,042 sq ft | 1,308 | Resale |
| 3806 | 2 Sep 2026 | AED 1,490,000 | 1,055 sq ft | 1,412 | Resale |
| 3902 | 29 Aug 2026 | AED 1,500,000 | 945 sq ft | 1,587 | Resale |
| 3802 | 24 Aug 2026 | AED 1,300,000 | 945 sq ft | 1,376 | Resale |
| 6906 | 17 Aug 2026 | AED 1,520,000 | 1,041 sq ft | 1,460 | Resale |
| 6403 | 10 Jun 2026 | AED 1,420,000 | 942 sq ft | 1,507 | Resale |
| 6903 | 5 Jun 2026 | AED 1,384,120 | 941 sq ft | 1,471 | Resale |
We took the 14 resale sales of units ending 05 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,564). We multiplied it by the size of this unit (1,055 sq ft). The range uses the middle half of those sales (AED 1,432 to AED 1,829 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,390,845. Floor, view, condition and upgrades can move the price either way. Sales data to 19 Oct 2026, from the Dubai Land Department register.
About AED 1,650,000 (range AED 1,510,000 to AED 1,929,000), based on AED 1,564 per sq ft from registered sales up to 19 Oct 2026.
23 Oct 2023, for AED 1,400,000 (resale). It has 2 registered sales.
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 5.8% on the estimate.
Sales alert for DAMAC Towers by Paramount, Tower AAll sales in DAMAC Towers by Paramount, Tower A