Unit 1604, DAMAC Towers by Paramount, Tower D: what it sold for and what it is worth now

Unit 1604 at DAMAC Towers by Paramount, Tower D is a 1 bed of 939 sq ft. It last sold for AED 1,500,000 on 15 Jan 2024. At AED 1,478 per sq ft, from 20 sales of units ending 04 (same position in the tower), it is worth about AED 1,388,000 today.

Value todayAED 1,388,000AED 1,285,000 to AED 1,460,000
Last saleAED 1,500,00015 Jan 2024 · Resale
Change since last sale-7.5%Building trend alone: AED 1,329,179
Rent (median asking, 1 bed)AED 100,000Gross yield 7.2%
Bedrooms1 bed
Size939 sq ft
Floor16 (from the unit number)
Position in the towerStack 04: units ending 04 share the same layout and view
BuildingDAMAC Towers by Paramount, Tower D by DAMAC Properties, handed over 2018
Registered sales of this unit1

Every registered sale of unit 1604

DatePriceSizeAED/sq ftType
15 Jan 2024AED 1,500,000939 sq ft1,597Resale

Units ending 04 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
560423 Sep 2026AED 2,300,0001,744 sq ft1,319Resale
380414 Jul 2026AED 1,230,000939 sq ft1,310Resale
8046 Jul 2026AED 1,845,0331,523 sq ft1,211Resale
230422 Apr 2026AED 1,500,000939 sq ft1,597Resale
100416 Mar 2026AED 1,400,000939 sq ft1,491Resale
350427 Feb 2026AED 1,300,000939 sq ft1,384Resale
530430 Dec 2025AED 2,450,0001,744 sq ft1,405Resale
180418 Nov 2025AED 1,430,000939 sq ft1,523Resale

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

UnitDatePriceSizeAED/sq ftType
14039 Oct 2026AED 1,225,000929 sq ft1,319Resale
440616 Sep 2026AED 1,350,0001,055 sq ft1,280Resale
240517 Aug 2026AED 1,530,0001,250 sq ft1,224Resale
110213 Aug 2026AED 1,200,000965 sq ft1,244Resale
380414 Jul 2026AED 1,230,000939 sq ft1,310Resale
66059 Jun 2026AED 1,470,0001,056 sq ft1,392Resale
38022 Jun 2026AED 1,250,000945 sq ft1,323Resale
410627 Apr 2026AED 1,286,8141,055 sq ft1,220Resale

How we worked out the value

We took the 20 resale sales of units ending 04 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,478). We multiplied it by the size of this unit (939 sq ft). The range uses the middle half of those sales (AED 1,368 to AED 1,555 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,329,179. 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 1604 at DAMAC Towers by Paramount, Tower D worth?

About AED 1,388,000 (range AED 1,285,000 to AED 1,460,000), based on AED 1,478 per sq ft from registered sales up to 9 Oct 2026.

When did unit 1604 last sell?

15 Jan 2024, for AED 1,500,000 (resale). It has 1 registered sale.

What rent can unit 1604 make?

A 1 bed in DAMAC Towers by Paramount, Tower D rents for about AED 100,000 a year (median asking rent). That is a gross yield of 7.2% on the estimate.

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

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