Unit 5503, DAMAC Towers by Paramount, Tower C: what it sold for and what it is worth now

Unit 5503 at DAMAC Towers by Paramount, Tower C is a 1 bed of 1,059 sq ft. It last sold for AED 2,503,570 on 17 Jul 2023. At AED 1,890 per sq ft, from 3 sales of units ending 03 (same position in the tower), it is worth about AED 2,002,000 today.

Value todayAED 2,002,000AED 2,001,000 to AED 2,002,000
Last saleAED 2,503,57017 Jul 2023 · Resale
Change since last sale-20.0%Building trend alone: AED 2,398,505
Bedrooms1 bed
Size1,059 sq ft
Floor55 (from the unit number)
Position in the towerStack 03: units ending 03 share the same layout and view
BuildingDAMAC Towers by Paramount, Tower C by DAMAC Properties, handed over 2019
Registered sales of this unit1

Every registered sale of unit 5503

DatePriceSizeAED/sq ftType
17 Jul 2023AED 2,503,5701,059 sq ft2,364Resale

Units ending 03 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
61035 Nov 2025AED 2,000,0001,059 sq ft1,889Resale
29034 Nov 2025AED 2,000,0001,058 sq ft1,890Resale
33034 Nov 2025AED 2,000,0001,058 sq ft1,890Resale
230321 Mar 2024AED 500,000497 sq ft1,006Resale
680323 Feb 2024AED 3,993,0001,580 sq ft2,527Resale
39034 Oct 2023AED 2,540,0001,058 sq ft2,401Resale
320322 Sep 2023AED 2,523,0001,058 sq ft2,385Resale
520322 Sep 2023AED 2,574,0001,059 sq ft2,431Resale

Latest 1 bed sales in DAMAC Towers by Paramount, Tower C

UnitDatePriceSizeAED/sq ftType
480121 Jul 2026AED 1,634,1491,058 sq ft1,545Resale
61035 Nov 2025AED 2,000,0001,059 sq ft1,889Resale
19135 Nov 2025AED 2,000,0001,155 sq ft1,732Resale
29034 Nov 2025AED 2,000,0001,058 sq ft1,890Resale
33034 Nov 2025AED 2,000,0001,058 sq ft1,890Resale
22133 Nov 2025AED 2,000,0001,155 sq ft1,732Resale
19093 Nov 2025AED 2,000,0001,123 sq ft1,781Resale
171331 Oct 2025AED 2,000,0001,155 sq ft1,732Resale

How we worked out the value

We took the 3 resale sales of units ending 03 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,890). We multiplied it by the size of this unit (1,059 sq ft). The range uses the middle half of those sales (AED 1,889 to AED 1,890 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 2,398,505. Floor, view, condition and upgrades can move the price either way. Sales data to 6 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 5503 at DAMAC Towers by Paramount, Tower C worth?

About AED 2,002,000 (range AED 2,001,000 to AED 2,002,000), based on AED 1,890 per sq ft from registered sales up to 6 Oct 2026.

When did unit 5503 last sell?

17 Jul 2023, for AED 2,503,570 (resale). It has 1 registered sale.

Sales alert for DAMAC Towers by Paramount, Tower CAll sales in DAMAC Towers by Paramount, Tower C

Unit 5502 · Unit 5504