Unit 1501, DAMAC Towers by Paramount, Tower D: what it sold for and what it is worth now

Unit 1501 at DAMAC Towers by Paramount, Tower D is a 2 bed of 1,462 sq ft. It last sold for AED 2,410,000 on 17 Apr 2023. At AED 1,348 per sq ft, from 15 sales of units ending 01 (same position in the tower), it is worth about AED 1,970,000 today.

Value todayAED 1,970,000AED 1,783,000 to AED 2,178,000
Last saleAED 2,410,00017 Apr 2023 · Resale
Change since last sale-18.3%Building trend alone: AED 2,007,247
Rent (median asking, 2 bed)AED 149,875Gross yield 7.6%
Bedrooms2 bed
Size1,462 sq ft
Floor15 (from the unit number)
Position in the towerStack 01: units ending 01 share the same layout and view
BuildingDAMAC Towers by Paramount, Tower D by DAMAC Properties, handed over 2018
Registered sales of this unit2

Every registered sale of unit 1501

DatePriceSizeAED/sq ftType
17 Apr 2023AED 2,410,0001,462 sq ft1,648Resale
1 Apr 2021AED 1,500,0001,462 sq ft1,026Resale

Units ending 01 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
130113 Jul 2026AED 1,920,0001,476 sq ft1,301Resale
10019 Jun 2026AED 1,752,3191,500 sq ft1,168Resale
350127 Feb 2026AED 1,700,0001,394 sq ft1,220Resale
480115 Dec 2025AED 3,000,0001,923 sq ft1,560Resale
42015 Dec 2025AED 1,865,0001,394 sq ft1,338Resale
440114 Jul 2025AED 1,700,0001,394 sq ft1,220Resale
540110 Jul 2025AED 2,300,0001,950 sq ft1,179Resale
480119 Jun 2025AED 2,300,0001,923 sq ft1,196Resale

Latest 2 bed sales in DAMAC Towers by Paramount, Tower D

UnitDatePriceSizeAED/sq ftType
680224 Jul 2026AED 1,800,0001,388 sq ft1,297Resale
130113 Jul 2026AED 1,920,0001,476 sq ft1,301Resale
41079 Jul 2026AED 1,680,0001,515 sq ft1,109Resale
8046 Jul 2026AED 1,845,0331,523 sq ft1,211Resale
10019 Jun 2026AED 1,752,3191,500 sq ft1,168Resale
540618 May 2026AED 1,900,0001,517 sq ft1,252Resale
350727 Feb 2026AED 1,700,0001,515 sq ft1,122Resale
350127 Feb 2026AED 1,700,0001,394 sq ft1,220Resale

How we worked out the value

We took the 15 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 1,348). We multiplied it by the size of this unit (1,462 sq ft). The range uses the middle half of those sales (AED 1,220 to AED 1,490 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 2,007,247. Floor, view, condition and upgrades can move the price either way. Sales data to 9 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 1501 at DAMAC Towers by Paramount, Tower D worth?

About AED 1,970,000 (range AED 1,783,000 to AED 2,178,000), based on AED 1,348 per sq ft from registered sales up to 9 Oct 2026.

When did unit 1501 last sell?

17 Apr 2023, for AED 2,410,000 (resale). It has 2 registered sales.

What rent can unit 1501 make?

A 2 bed in DAMAC Towers by Paramount, Tower D rents for about AED 149,875 a year (median asking rent). That is a gross yield of 7.6% on the estimate.

Sales alert for DAMAC Towers by Paramount, Tower DAll sales in DAMAC Towers by Paramount, Tower D

Unit 1407 · Unit 1502