Unit 5004, DAMAC Towers by Paramount, Tower D: what it sold for and what it is worth now

Unit 5004 at DAMAC Towers by Paramount, Tower D is a 3 bed of 1,744 sq ft. It last sold for AED 3,100,000 on 23 May 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 2,577,000 today.

Value todayAED 2,577,000AED 2,386,000 to AED 2,712,000
Last saleAED 3,100,00023 May 2024 · Resale
Change since last sale-16.9%Building trend alone: AED 2,746,478
Rent (median asking, 3 bed)AED 170,000Gross yield 6.6%
Bedrooms3 bed
Size1,744 sq ft
Floor50 (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 unit2

Every registered sale of unit 5004

DatePriceSizeAED/sq ftType
23 May 2024AED 3,100,0001,744 sq ft1,778Resale
20 Mar 2023AED 2,650,0001,744 sq ft1,519Resale

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 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 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 (1,744 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 2,746,478. 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 5004 at DAMAC Towers by Paramount, Tower D worth?

About AED 2,577,000 (range AED 2,386,000 to AED 2,712,000), based on AED 1,478 per sq ft from registered sales up to 9 Oct 2026.

When did unit 5004 last sell?

23 May 2024, for AED 3,100,000 (resale). It has 2 registered sales.

What rent can unit 5004 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 5002 · Unit 5005