Unit 5501 at DAMAC Towers by Paramount, Tower B is a 3 bed of 1,956 sq ft. It last sold for AED 2,337,255 on 19 Nov 2020. At AED 1,435 per sq ft, from 9 sales of units ending 01 (same position in the tower), it is worth about AED 2,806,000 today.
| Bedrooms | 3 bed |
|---|---|
| Size | 1,956 sq ft |
| Floor | 55 (from the unit number) |
| Position in the tower | Stack 01: units ending 01 share the same layout and view |
| Building | DAMAC Towers by Paramount, Tower B by DAMAC Properties, handed over 2018 |
| Registered sales of this unit | 1 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 19 Nov 2020 | AED 2,337,255 | 1,956 sq ft | 1,195 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 3401 | 31 Aug 2026 | AED 1,650,000 | 1,394 sq ft | 1,184 | Resale |
| 2001 | 4 Aug 2026 | AED 1,700,000 | 1,394 sq ft | 1,220 | Resale |
| 2701 | 3 Aug 2026 | AED 2,000,000 | 1,394 sq ft | 1,435 | Resale |
| 1901 | 19 Jun 2026 | AED 1,825,000 | 1,434 sq ft | 1,273 | Resale |
| 901 | 13 Apr 2026 | AED 1,750,000 | 1,746 sq ft | 1,002 | Resale |
| 3501 | 24 Apr 2025 | AED 2,750,000 | 1,394 sq ft | 1,973 | Resale |
| 2601 | 9 Apr 2025 | AED 2,264,151 | 1,394 sq ft | 1,624 | Resale |
| 6701 | 14 Nov 2024 | AED 3,710,000 | 2,053 sq ft | 1,807 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 3705 | 15 Oct 2026 | AED 2,400,000 | 1,747 sq ft | 1,374 | Resale |
| 3205 | 17 Sep 2026 | AED 2,300,000 | 1,747 sq ft | 1,317 | Resale |
| 3305 | 15 Sep 2026 | AED 2,200,000 | 1,747 sq ft | 1,259 | Resale |
| 5904 | 11 Sep 2026 | AED 2,500,000 | 1,744 sq ft | 1,433 | Resale |
| 5704 | 26 Jun 2026 | AED 2,500,000 | 1,744 sq ft | 1,433 | Resale |
| 6404 | 4 Mar 2026 | AED 2,550,000 | 1,744 sq ft | 1,462 | Resale |
| 2805 | 12 Dec 2025 | AED 2,366,449 | 1,747 sq ft | 1,355 | Resale |
| 2905 | 28 Nov 2025 | AED 2,550,000 | 1,747 sq ft | 1,460 | Resale |
We took the 9 resale sales of units ending 01 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,435). We multiplied it by the size of this unit (1,956 sq ft). The range uses the middle half of those sales (AED 1,220 to AED 1,722 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 2,646,632. Floor, view, condition and upgrades can move the price either way. Sales data to 15 Oct 2026, from the Dubai Land Department register.
About AED 2,806,000 (range AED 2,385,000 to AED 3,368,000), based on AED 1,435 per sq ft from registered sales up to 15 Oct 2026.
19 Nov 2020, for AED 2,337,255 (resale). It has 1 registered sale.
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 6.7% on the estimate.
Sales alert for DAMAC Towers by Paramount, Tower BAll sales in DAMAC Towers by Paramount, Tower B