Unit 1510, Paramount Tower Hotel & Residences: what it sold for and what it is worth now

Unit 1510 at Paramount Tower Hotel & Residences is a studio of 520 sq ft. It last sold for AED 1,295,000 on 25 Sep 2023. At AED 1,981 per sq ft, from 7 sales of units ending 10 (same position in the tower), it is worth about AED 1,030,000 today.

Value todayAED 1,030,000AED 954,000 to AED 1,060,000
Last saleAED 1,295,00025 Sep 2023 · Resale
Change since last sale-20.5%Building trend alone: AED 1,422,719
Rent (median asking, studio)AED 68,000Gross yield 6.6%
Bedroomsstudio
Size520 sq ft
Floor15 (from the unit number)
Position in the towerStack 10: units ending 10 share the same layout and view
BuildingParamount Tower Hotel & Residences by DAMAC Properties, handed over 2021
Registered sales of this unit2

Every registered sale of unit 1510

DatePriceSizeAED/sq ftType
25 Sep 2023AED 1,295,000520 sq ft2,490Resale
8 Feb 2020AED 1,199,000520 sq ft2,306Off-plan

Units ending 10 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
351018 May 2026AED 2,000,000974 sq ft2,053Resale
511029 Jan 2026AED 2,450,0001,186 sq ft2,066Resale
38104 Aug 2025AED 2,400,0001,186 sq ft2,024Resale
301020 Jun 2025AED 1,850,000974 sq ft1,899Resale
381023 Jan 2025AED 1,818,0001,186 sq ft1,533Resale
51109 Dec 2024AED 2,350,0001,186 sq ft1,981Resale
42105 Nov 2024AED 2,100,0001,186 sq ft1,771Resale
53101 Oct 2024AED 2,400,0001,186 sq ft2,024Resale

Latest studio sales in Paramount Tower Hotel & Residences

UnitDatePriceSizeAED/sq ftType
23253 Jul 2026AED 777,215477 sq ft1,629Resale
172322 May 2026AED 960,367627 sq ft1,532Resale
190822 May 2026AED 830,484520 sq ft1,597Resale
222224 Feb 2026AED 1,295,000520 sq ft2,490Resale
151119 Feb 2026AED 821,443520 sq ft1,580Resale
231826 Dec 2025AED 630,000520 sq ft1,212Resale
161719 Nov 2025AED 804,775520 sq ft1,548Resale
250927 Oct 2025AED 932,000520 sq ft1,792Resale

How we worked out the value

We took the 7 resale sales of units ending 10 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,981). We multiplied it by the size of this unit (520 sq ft). The range uses the middle half of those sales (AED 1,835 to AED 2,038 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,422,719. Floor, view, condition and upgrades can move the price either way. Sales data to 15 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 1510 at Paramount Tower Hotel & Residences worth?

About AED 1,030,000 (range AED 954,000 to AED 1,060,000), based on AED 1,981 per sq ft from registered sales up to 15 Oct 2026.

When did unit 1510 last sell?

25 Sep 2023, for AED 1,295,000 (resale). It has 2 registered sales.

What rent can unit 1510 make?

A studio in Paramount Tower Hotel & Residences rents for about AED 68,000 a year (median asking rent). That is a gross yield of 6.6% on the estimate.

Sales alert for Paramount Tower Hotel & ResidencesAll sales in Paramount Tower Hotel & Residences

Unit 1509 · Unit 1511