Unit 3305, Paramount Tower Hotel & Residences: what it sold for and what it is worth now

Unit 3305 at Paramount Tower Hotel & Residences is a 2 bed of 1,288 sq ft. It last sold for AED 1,630,608 on 2 May 2020. At AED 2,045 per sq ft, from 4 sales of units ending 05 (same position in the tower), it is worth about AED 2,634,000 today.

Value todayAED 2,634,000AED 2,545,000 to AED 2,742,000
Last saleAED 1,630,6082 May 2020 · Off-plan
Change since last sale+61.5% 
Rent (median asking, 2 bed)AED 160,000Gross yield 6.1%
Bedrooms2 bed
Size1,288 sq ft
Floor33 (from the unit number)
Position in the towerStack 05: units ending 05 share the same layout and view
BuildingParamount Tower Hotel & Residences by DAMAC Properties, handed over 2021
Registered sales of this unit1

Every registered sale of unit 3305

DatePriceSizeAED/sq ftType
2 May 2020AED 1,630,6081,288 sq ft1,266Off-plan

Units ending 05 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
310521 Nov 2025AED 2,600,0001,288 sq ft2,019Resale
31053 Dec 2024AED 2,380,0001,288 sq ft1,848Resale
580529 Nov 2024AED 2,000,000869 sq ft2,301Resale
57054 Nov 2024AED 1,800,000869 sq ft2,071Resale
390520 Sep 2024AED 2,339,0001,166 sq ft2,006Resale
46051 Aug 2024AED 2,300,0001,166 sq ft1,973Resale
260523 Jul 2024AED 2,300,0001,288 sq ft1,786Resale
320510 Jul 2024AED 2,325,0001,288 sq ft1,805Resale

Latest 2 bed sales in Paramount Tower Hotel & Residences

UnitDatePriceSizeAED/sq ftType
41027 Sep 2026AED 2,350,0001,167 sq ft2,014Resale
290713 Aug 2026AED 2,725,0001,364 sq ft1,998Resale
411129 Jun 2026AED 2,655,0001,290 sq ft2,058Resale
350725 Jun 2026AED 3,200,0001,364 sq ft2,346Resale
28076 May 2026AED 2,800,0001,364 sq ft2,053Resale
45026 Feb 2026AED 3,029,0001,167 sq ft2,596Resale
26115 Feb 2026AED 2,500,0001,324 sq ft1,888Resale
511029 Jan 2026AED 2,450,0001,186 sq ft2,066Resale

How we worked out the value

We took the 4 resale sales of units ending 05 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,045). We multiplied it by the size of this unit (1,288 sq ft). The range uses the middle half of those sales (AED 1,976 to AED 2,129 per sq ft). 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 3305 at Paramount Tower Hotel & Residences worth?

About AED 2,634,000 (range AED 2,545,000 to AED 2,742,000), based on AED 2,045 per sq ft from registered sales up to 15 Oct 2026.

When did unit 3305 last sell?

2 May 2020, for AED 1,630,608 (off-plan). It has 1 registered sale.

What rent can unit 3305 make?

A 2 bed in Paramount Tower Hotel & Residences rents for about AED 160,000 a year (median asking rent). That is a gross yield of 6.1% on the estimate.

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

Unit 3304 · Unit 3306