Unit 5706, DAMAC Towers by Paramount, Tower B: what it sold for and what it is worth now

Unit 5706 at DAMAC Towers by Paramount, Tower B is a 2 bed of 1,517 sq ft. It last sold for AED 1,880,000 on 4 Jan 2021. At AED 1,413 per sq ft, from 10 sales of units ending 06 (same position in the tower), it is worth about AED 2,144,000 today.

Value todayAED 2,144,000AED 2,109,000 to AED 2,267,000
Last saleAED 1,880,0004 Jan 2021 · Resale
Change since last sale+14.0%Building trend alone: AED 2,125,663
Rent (median asking, 2 bed)AED 147,500Gross yield 6.9%
Bedrooms2 bed
Size1,517 sq ft
Floor57 (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 5706

DatePriceSizeAED/sq ftType
4 Jan 2021AED 1,880,0001,517 sq ft1,239Resale

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 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 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 (1,517 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 2,125,663. 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 5706 at DAMAC Towers by Paramount, Tower B worth?

About AED 2,144,000 (range AED 2,109,000 to AED 2,267,000), based on AED 1,413 per sq ft from registered sales up to 15 Oct 2026.

When did unit 5706 last sell?

4 Jan 2021, for AED 1,880,000 (resale). It has 1 registered sale.

What rent can unit 5706 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 6.9% on the estimate.

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

Unit 5705 · Unit 5801