Unit 1106, DAMAC Towers by Paramount, Tower B: what it sold for and what it is worth now

Unit 1106 at DAMAC Towers by Paramount, Tower B is a 1 bed of 1,055 sq ft. It last sold for AED 1,637,580 on 15 Jan 2020. At AED 1,413 per sq ft, from 10 sales of units ending 06 (same position in the tower), it is worth about AED 1,491,000 today.

Value todayAED 1,491,000AED 1,467,000 to AED 1,576,000
Last saleAED 1,637,58015 Jan 2020 · Resale
Change since last sale-9.0%Building trend alone: AED 1,385,193
Rent (median asking, 1 bed)AED 105,000Gross yield 7.0%
Bedrooms1 bed
Size1,055 sq ft
Floor11 (from the unit number)
Position in the towerStack 06: units ending 06 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 1106

DatePriceSizeAED/sq ftType
15 Jan 2020AED 1,637,5801,055 sq ft1,552Resale

Units ending 06 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
44067 Oct 2026AED 1,374,2221,055 sq ft1,303Resale
380629 Jan 2026AED 1,470,0001,055 sq ft1,393Resale
27069 Jan 2026AED 1,591,7521,055 sq ft1,509Resale
620617 Dec 2025AED 2,130,6741,517 sq ft1,405Resale
140630 Oct 2025AED 1,450,0001,055 sq ft1,374Resale
18066 May 2025AED 1,465,3971,055 sq ft1,389Resale
350624 Apr 2025AED 1,500,0001,055 sq ft1,422Resale
440628 Jan 2025AED 1,708,3341,055 sq ft1,619Resale

Latest 1 bed sales in DAMAC Towers by Paramount, Tower B

UnitDatePriceSizeAED/sq ftType
44067 Oct 2026AED 1,374,2221,055 sq ft1,303Resale
21038 Jul 2026AED 2,070,000929 sq ft2,228Resale
21036 Jul 2026AED 1,400,000929 sq ft1,507Resale
290318 Jun 2026AED 1,450,000929 sq ft1,561Resale
90221 May 2026AED 1,250,000957 sq ft1,306Resale
570517 Mar 2026AED 1,250,0001,055 sq ft1,185Resale
11035 Feb 2026AED 1,660,000929 sq ft1,787Resale
380629 Jan 2026AED 1,470,0001,055 sq ft1,393Resale

How we worked out the value

We took the 10 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 1,413). We multiplied it by the size of this unit (1,055 sq ft). The range uses the middle half of those sales (AED 1,390 to AED 1,494 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,385,193. 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 1106 at DAMAC Towers by Paramount, Tower B worth?

About AED 1,491,000 (range AED 1,467,000 to AED 1,576,000), based on AED 1,413 per sq ft from registered sales up to 15 Oct 2026.

When did unit 1106 last sell?

15 Jan 2020, for AED 1,637,580 (resale). It has 1 registered sale.

What rent can unit 1106 make?

A 1 bed in DAMAC Towers by Paramount, Tower B rents for about AED 105,000 a year (median asking rent). That is a gross yield of 7.0% on the estimate.

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

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