Unit 3402, Paramount Tower Hotel & Residences: what it sold for and what it is worth now

Unit 3402 at Paramount Tower Hotel & Residences is a 2 bed of 1,354 sq ft. It last sold for AED 1,716,872 on 22 Jan 2020. At AED 2,035 per sq ft, from 10 sales of units ending 02 (same position in the tower), it is worth about AED 2,756,000 today.

Value todayAED 2,756,000AED 2,608,000 to AED 2,935,000
Last saleAED 1,716,87222 Jan 2020 · Off-plan
Change since last sale+60.5% 
Rent (median asking, 2 bed)AED 160,000Gross yield 5.8%
Bedrooms2 bed
Size1,354 sq ft
Floor34 (from the unit number)
Position in the towerStack 02: units ending 02 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 3402

DatePriceSizeAED/sq ftType
22 Jan 2020AED 1,716,8721,354 sq ft1,268Off-plan

Units ending 02 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
41027 Sep 2026AED 2,350,0001,167 sq ft2,014Resale
45026 Feb 2026AED 3,029,0001,167 sq ft2,596Resale
35026 Jan 2026AED 2,550,0001,354 sq ft1,883Resale
45027 Nov 2025AED 2,600,0001,167 sq ft2,228Resale
28023 Sep 2025AED 2,600,0001,354 sq ft1,920Resale
57029 Jun 2025AED 2,080,000951 sq ft2,187Resale
49025 Feb 2025AED 2,400,0001,167 sq ft2,057Resale
280224 Dec 2024AED 2,000,0001,354 sq ft1,477Resale

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 10 resale sales of units ending 02 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,035). We multiplied it by the size of this unit (1,354 sq ft). The range uses the middle half of those sales (AED 1,926 to AED 2,167 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 3402 at Paramount Tower Hotel & Residences worth?

About AED 2,756,000 (range AED 2,608,000 to AED 2,935,000), based on AED 2,035 per sq ft from registered sales up to 15 Oct 2026.

When did unit 3402 last sell?

22 Jan 2020, for AED 1,716,872 (off-plan). It has 1 registered sale.

What rent can unit 3402 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 5.8% on the estimate.

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

Unit 3401 · Unit 3403