Unit 5702, DAMAC Towers by Paramount, Tower A: what it sold for and what it is worth now

Unit 5702 at DAMAC Towers by Paramount, Tower A is a 2 bed of 1,388 sq ft. It last sold for AED 2,792,640 on 7 Aug 2024. At AED 1,582 per sq ft, from 14 sales of units ending 02 (same position in the tower), it is worth about AED 2,196,000 today.

Value todayAED 2,196,000AED 2,098,000 to AED 2,575,000
Last saleAED 2,792,6407 Aug 2024 · Resale
Change since last sale-21.4%Building trend alone: AED 2,686,720
Rent (median asking, 2 bed)AED 150,000Gross yield 6.8%
Bedrooms2 bed
Size1,388 sq ft
Floor57 (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 unit2

Every registered sale of unit 5702

DatePriceSizeAED/sq ftType
7 Aug 2024AED 2,792,6401,388 sq ft2,012Resale
27 Feb 2020AED 2,179,0001,388 sq ft1,570Resale

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 2 bed sales in DAMAC Towers by Paramount, Tower A

UnitDatePriceSizeAED/sq ftType
90720 Oct 2026AED 2,600,0001,632 sq ft1,593Resale
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
540611 Jun 2026AED 2,138,2541,517 sq ft1,410Resale
80528 Apr 2026AED 2,250,0001,848 sq ft1,218Resale
420128 Apr 2026AED 2,903,0001,394 sq ft2,082Resale

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 (1,388 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 2,686,720. Floor, view, condition and upgrades can move the price either way. Sales data to 20 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 5702 at DAMAC Towers by Paramount, Tower A worth?

About AED 2,196,000 (range AED 2,098,000 to AED 2,575,000), based on AED 1,582 per sq ft from registered sales up to 20 Oct 2026.

When did unit 5702 last sell?

7 Aug 2024, for AED 2,792,640 (resale). It has 2 registered sales.

What rent can unit 5702 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 6.8% on the estimate.

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

Unit 5701 · Unit 5703