Unit 1607, DAMAC Towers by Paramount, Tower B: what it sold for and what it is worth now

Unit 1607 at DAMAC Towers by Paramount, Tower B is a 2 bed of 1,515 sq ft. It last sold for AED 2,500,000 on 17 Oct 2024. At AED 1,469 per sq ft, from 12 sales of units ending 07 (same position in the tower), it is worth about AED 2,225,000 today.

Value todayAED 2,225,000AED 2,000,000 to AED 2,500,000
Last saleAED 2,500,00017 Oct 2024 · Resale
Change since last sale-11.0%Building trend alone: AED 2,241,855
Rent (median asking, 2 bed)AED 147,500Gross yield 6.6%
Bedrooms2 bed
Size1,515 sq ft
Floor16 (from the unit number)
Position in the towerStack 07: units ending 07 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 1607

DatePriceSizeAED/sq ftType
17 Oct 2024AED 2,500,0001,515 sq ft1,650Resale

Units ending 07 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
190711 Jun 2026AED 2,000,0001,515 sq ft1,320Resale
26075 Dec 2025AED 2,500,0001,515 sq ft1,650Resale
33071 Aug 2025AED 2,000,0001,515 sq ft1,320Resale
460730 Jun 2025AED 2,000,0001,515 sq ft1,320Resale
270719 May 2025AED 2,275,0001,515 sq ft1,502Resale
100714 May 2025AED 2,200,0001,515 sq ft1,452Resale
350728 Apr 2025AED 2,750,0001,515 sq ft1,815Resale
320716 Jan 2025AED 2,050,0001,515 sq ft1,353Resale

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

UnitDatePriceSizeAED/sq ftType
490223 Sep 2026AED 1,827,1561,388 sq ft1,316Resale
340131 Aug 2026AED 1,650,0001,394 sq ft1,184Resale
20014 Aug 2026AED 1,700,0001,394 sq ft1,220Resale
27013 Aug 2026AED 2,000,0001,394 sq ft1,435Resale
190119 Jun 2026AED 1,825,0001,434 sq ft1,273Resale
190711 Jun 2026AED 2,000,0001,515 sq ft1,320Resale
8042 Jun 2026AED 2,057,3171,697 sq ft1,212Resale
49028 May 2026AED 1,994,4911,388 sq ft1,437Resale

How we worked out the value

We took the 12 resale sales of units ending 07 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,469). We multiplied it by the size of this unit (1,515 sq ft). The range uses the middle half of those sales (AED 1,320 to AED 1,650 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 2,241,855. 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 1607 at DAMAC Towers by Paramount, Tower B worth?

About AED 2,225,000 (range AED 2,000,000 to AED 2,500,000), based on AED 1,469 per sq ft from registered sales up to 15 Oct 2026.

When did unit 1607 last sell?

17 Oct 2024, for AED 2,500,000 (resale). It has 1 registered sale.

What rent can unit 1607 make?

A 2 bed in DAMAC Towers by Paramount, Tower B rents for about AED 147,500 a year (median asking rent). That is a gross yield of 6.6% on the estimate.

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

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