Unit 5504, DAMAC Towers by Paramount, Tower C: what it sold for and what it is worth now

Unit 5504 at DAMAC Towers by Paramount, Tower C is a studio of 521 sq ft. It last sold for AED 1,334,000 on 21 Oct 2024. At AED 1,644 per sq ft, from 24 sales in the building in the last 12 months (studio), it is worth about AED 857,000 today.

Value todayAED 857,000AED 803,000 to AED 941,000
Last saleAED 1,334,00021 Oct 2024 · Resale
Change since last sale-35.8%Building trend alone: AED 1,122,195
Bedroomsstudio
Size521 sq ft
Floor55 (from the unit number)
Position in the towerStack 04: units ending 04 share the same layout and view
BuildingDAMAC Towers by Paramount, Tower C by DAMAC Properties, handed over 2019
Registered sales of this unit2

Every registered sale of unit 5504

DatePriceSizeAED/sq ftType
21 Oct 2024AED 1,334,000521 sq ft2,560Resale
7 Apr 2022AED 1,176,000521 sq ft2,257Resale

Units ending 04 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
680422 Feb 2024AED 1,320,000499 sq ft2,645Resale
670423 Jun 2023AED 670,000499 sq ft1,343Resale
29048 Jun 2022AED 1,416,800521 sq ft2,719Resale
480412 Jan 2022AED 1,067,000476 sq ft2,242Resale
600415 Dec 2021AED 1,182,000521 sq ft2,269Resale
390417 Nov 2021AED 1,107,000521 sq ft2,125Resale
250424 Oct 2021AED 973,000475 sq ft2,048Resale
590427 Jul 2021AED 969,600521 sq ft1,861Resale

Latest studio sales in DAMAC Towers by Paramount, Tower C

UnitDatePriceSizeAED/sq ftType
68146 Oct 2026AED 765,417452 sq ft1,693Resale
29061 Oct 2026AED 751,300476 sq ft1,578Resale
390230 Sep 2026AED 1,587,000637 sq ft2,491Resale
671030 Sep 2026AED 900,000486 sq ft1,852Resale
681431 Aug 2026AED 732,800452 sq ft1,621Resale
290620 Aug 2026AED 810,000476 sq ft1,702Resale
300712 Aug 2026AED 809,000473 sq ft1,710Resale
12127 Aug 2026AED 750,000451 sq ft1,663Resale

How we worked out the value

We took the 24 sales in DAMAC Towers by Paramount, Tower C in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 1,644). We multiplied it by the size of this unit (521 sq ft). The range uses the middle half of those sales (AED 1,542 to AED 1,805 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,122,195. 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 5504 at DAMAC Towers by Paramount, Tower C worth?

About AED 857,000 (range AED 803,000 to AED 941,000), based on AED 1,644 per sq ft from registered sales up to 6 Oct 2026.

When did unit 5504 last sell?

21 Oct 2024, for AED 1,334,000 (resale). It has 2 registered sales.

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

Unit 5503 · Unit 5505