Unit 2404, DAMAC Towers by Paramount, Tower B: what it sold for and what it is worth now

Unit 2404 at DAMAC Towers by Paramount, Tower B is a 1 bed of 918 sq ft. It last sold for AED 1,625,000 on 26 Feb 2024. At AED 1,491 per sq ft, from 13 sales of units ending 04 (same position in the tower), it is worth about AED 1,369,000 today.

Value todayAED 1,369,000AED 1,316,000 to AED 1,466,000
Last saleAED 1,625,00026 Feb 2024 · Resale
Change since last sale-15.8%Building trend alone: AED 1,388,673
Rent (median asking, 1 bed)AED 105,000Gross yield 7.7%
Bedrooms1 bed
Size918 sq ft
Floor24 (from the unit number)
Position in the towerStack 04: units ending 04 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 2404

DatePriceSizeAED/sq ftType
26 Feb 2024AED 1,625,000918 sq ft1,770Resale

Units ending 04 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
590411 Sep 2026AED 2,500,0001,744 sq ft1,433Resale
570426 Jun 2026AED 2,500,0001,744 sq ft1,433Resale
8042 Jun 2026AED 2,057,3171,697 sq ft1,212Resale
64044 Mar 2026AED 2,550,0001,744 sq ft1,462Resale
13046 Oct 2025AED 1,644,516939 sq ft1,751Resale
360415 Sep 2025AED 1,575,000939 sq ft1,677Resale
17041 Sep 2025AED 1,600,000939 sq ft1,704Resale
470418 Jul 2025AED 1,631,1881,250 sq ft1,305Resale

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 13 resale sales of units ending 04 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,491). We multiplied it by the size of this unit (918 sq ft). The range uses the middle half of those sales (AED 1,433 to AED 1,597 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,388,673. 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 2404 at DAMAC Towers by Paramount, Tower B worth?

About AED 1,369,000 (range AED 1,316,000 to AED 1,466,000), based on AED 1,491 per sq ft from registered sales up to 15 Oct 2026.

When did unit 2404 last sell?

26 Feb 2024, for AED 1,625,000 (resale). It has 1 registered sale.

What rent can unit 2404 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 7.7% on the estimate.

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

Unit 2403 · Unit 2405