Unit 5506, DAMAC Towers by Paramount, Tower C: what it sold for and what it is worth now

Unit 5506 at DAMAC Towers by Paramount, Tower C is a studio of 476 sq ft. It last sold for AED 1,220,000 on 11 Feb 2025. At AED 1,746 per sq ft, from 4 sales of units ending 06 (same position in the tower), it is worth about AED 831,000 today.

Value todayAED 831,000AED 795,000 to AED 944,000
Last saleAED 1,220,00011 Feb 2025 · Resale
Change since last sale-31.9%Building trend alone: AED 1,231,903
Bedroomsstudio
Size476 sq ft
Floor55 (from the unit number)
Position in the towerStack 06: units ending 06 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 5506

DatePriceSizeAED/sq ftType
11 Feb 2025AED 1,220,000476 sq ft2,563Resale
7 Apr 2022AED 1,075,000476 sq ft2,258Resale

Units ending 06 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
29061 Oct 2026AED 751,300476 sq ft1,578Resale
290620 Aug 2026AED 810,000476 sq ft1,702Resale
110612 Mar 2026AED 864,467483 sq ft1,790Resale
23061 May 2024AED 1,152,480483 sq ft2,386Resale
670623 Apr 2024AED 675,000473 sq ft1,427Resale
670619 Jan 2024AED 900,000473 sq ft1,903Resale
480614 Dec 2021AED 1,076,000480 sq ft2,242Resale
470630 Sep 2021AED 1,028,000480 sq ft2,142Resale

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 4 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 1,746). We multiplied it by the size of this unit (476 sq ft). The range uses the middle half of those sales (AED 1,671 to AED 1,983 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,231,903. 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 5506 at DAMAC Towers by Paramount, Tower C worth?

About AED 831,000 (range AED 795,000 to AED 944,000), based on AED 1,746 per sq ft from registered sales up to 6 Oct 2026.

When did unit 5506 last sell?

11 Feb 2025, for AED 1,220,000 (resale). It has 2 registered sales.

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

Unit 5505 · Unit 5507