Unit 4504, DAMAC Towers by Paramount, Tower B: what it sold for and what it is worth now

Unit 4504 at DAMAC Towers by Paramount, Tower B is a 1 bed of 939 sq ft. It last sold for AED 950,000 on 8 Dec 2020. At AED 1,491 per sq ft, from 13 sales of units ending 04 (same position in the tower), it is worth about AED 1,400,000 today.

Value todayAED 1,400,000AED 1,346,000 to AED 1,500,000
Last saleAED 950,0008 Dec 2020 · Resale
Change since last sale+47.4%Building trend alone: AED 1,077,365
Rent (median asking, 1 bed)AED 105,000Gross yield 7.5%
Bedrooms1 bed
Size939 sq ft
Floor45 (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 unit2

Every registered sale of unit 4504

DatePriceSizeAED/sq ftType
8 Dec 2020AED 950,000939 sq ft1,012Resale
27 Sep 2020AED 1,182,600939 sq ft1,259Resale

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 (939 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 1,077,365. 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 4504 at DAMAC Towers by Paramount, Tower B worth?

About AED 1,400,000 (range AED 1,346,000 to AED 1,500,000), based on AED 1,491 per sq ft from registered sales up to 15 Oct 2026.

When did unit 4504 last sell?

8 Dec 2020, for AED 950,000 (resale). It has 2 registered sales.

What rent can unit 4504 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 7.5% on the estimate.

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

Unit 4502 · Unit 4506