Unit 4701, DAMAC Towers by Paramount, Tower D: what it sold for and what it is worth now

Unit 4701 at DAMAC Towers by Paramount, Tower D is a 3 bed of 1,919 sq ft. It last sold for AED 3,432,940 on 23 Aug 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 2,586,000 today.

Value todayAED 2,586,000AED 2,340,000 to AED 2,859,000
Last saleAED 3,432,94023 Aug 2023 · Resale
Change since last sale-24.7%Building trend alone: AED 3,079,528
Rent (median asking, 3 bed)AED 170,000Gross yield 6.6%
Bedrooms3 bed
Size1,919 sq ft
Floor47 (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 unit3

Every registered sale of unit 4701

DatePriceSizeAED/sq ftType
23 Aug 2023AED 3,432,9401,919 sq ft1,789Resale
24 May 2022AED 2,510,0001,919 sq ft1,308Resale
29 Sep 2020AED 2,177,0001,919 sq ft1,134Resale

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 3 bed sales in DAMAC Towers by Paramount, Tower D

UnitDatePriceSizeAED/sq ftType
560423 Sep 2026AED 2,300,0001,744 sq ft1,319Resale
41059 Jul 2026AED 2,200,0001,747 sq ft1,259Resale
19057 Jul 2026AED 2,050,0001,747 sq ft1,173Resale
20058 May 2026AED 2,700,0001,747 sq ft1,546Resale
350527 Feb 2026AED 2,200,0001,747 sq ft1,259Resale
530430 Dec 2025AED 2,450,0001,744 sq ft1,405Resale
480115 Dec 2025AED 3,000,0001,923 sq ft1,560Resale
640423 Sep 2025AED 2,442,5781,744 sq ft1,401Resale

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 (1,919 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 3,079,528. 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 4701 at DAMAC Towers by Paramount, Tower D worth?

About AED 2,586,000 (range AED 2,340,000 to AED 2,859,000), based on AED 1,348 per sq ft from registered sales up to 9 Oct 2026.

When did unit 4701 last sell?

23 Aug 2023, for AED 3,432,940 (resale). It has 3 registered sales.

What rent can unit 4701 make?

A 3 bed in DAMAC Towers by Paramount, Tower D rents for about AED 170,000 a year (median asking rent). That is a gross yield of 6.6% on the estimate.

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

Unit 4607 · Unit 4704