Unit 1005, DAMAC Towers by Paramount, Tower B: what it sold for and what it is worth now

Unit 1005 at DAMAC Towers by Paramount, Tower B is a 3 bed of 1,747 sq ft. It last sold for AED 2,571,030 on 13 Feb 2020. At AED 1,398 per sq ft, from 10 sales of units ending 05 (same position in the tower), it is worth about AED 2,442,000 today.

Value todayAED 2,442,000AED 2,317,000 to AED 2,550,000
Last saleAED 2,571,03013 Feb 2020 · Resale
Change since last sale-5.0%Building trend alone: AED 2,174,778
Rent (median asking, 3 bed)AED 187,500Gross yield 7.7%
Bedrooms3 bed
Size1,747 sq ft
Floor10 (from the unit number)
Position in the towerStack 05: units ending 05 share the same layout and view
BuildingDAMAC Towers by Paramount, Tower B by DAMAC Properties, handed over 2018
Registered sales of this unit1

Every registered sale of unit 1005

DatePriceSizeAED/sq ftType
13 Feb 2020AED 2,571,0301,747 sq ft1,472Resale

Units ending 05 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
370515 Oct 2026AED 2,400,0001,747 sq ft1,374Resale
320517 Sep 2026AED 2,300,0001,747 sq ft1,317Resale
330515 Sep 2026AED 2,200,0001,747 sq ft1,259Resale
570517 Mar 2026AED 1,250,0001,055 sq ft1,185Resale
280512 Dec 2025AED 2,366,4491,747 sq ft1,355Resale
290528 Nov 2025AED 2,550,0001,747 sq ft1,460Resale
350525 Apr 2025AED 3,300,0001,747 sq ft1,889Resale
640521 Feb 2025AED 1,500,0001,055 sq ft1,422Resale

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

UnitDatePriceSizeAED/sq ftType
370515 Oct 2026AED 2,400,0001,747 sq ft1,374Resale
320517 Sep 2026AED 2,300,0001,747 sq ft1,317Resale
330515 Sep 2026AED 2,200,0001,747 sq ft1,259Resale
590411 Sep 2026AED 2,500,0001,744 sq ft1,433Resale
570426 Jun 2026AED 2,500,0001,744 sq ft1,433Resale
64044 Mar 2026AED 2,550,0001,744 sq ft1,462Resale
280512 Dec 2025AED 2,366,4491,747 sq ft1,355Resale
290528 Nov 2025AED 2,550,0001,747 sq ft1,460Resale

How we worked out the value

We took the 10 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 1,398). We multiplied it by the size of this unit (1,747 sq ft). The range uses the middle half of those sales (AED 1,326 to AED 1,460 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 2,174,778. Floor, view, condition and upgrades can move the price either way. Sales data to 15 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 1005 at DAMAC Towers by Paramount, Tower B worth?

About AED 2,442,000 (range AED 2,317,000 to AED 2,550,000), based on AED 1,398 per sq ft from registered sales up to 15 Oct 2026.

When did unit 1005 last sell?

13 Feb 2020, for AED 2,571,030 (resale). It has 1 registered sale.

What rent can unit 1005 make?

A 3 bed in DAMAC Towers by Paramount, Tower B rents for about AED 187,500 a year (median asking rent). That is a gross yield of 7.7% on the estimate.

Sales alert for DAMAC Towers by Paramount, Tower BAll sales in DAMAC Towers by Paramount, Tower B

Unit 1004 · Unit 1006