Unit 4201, Paramount Tower Hotel & Residences: what it sold for and what it is worth now

Unit 4201 at Paramount Tower Hotel & Residences is a 2 bed of 1,339 sq ft. It last sold for AED 2,400,000 on 13 Nov 2023. At AED 1,933 per sq ft, from 6 sales of units ending 01 (same position in the tower), it is worth about AED 2,588,000 today.

Value todayAED 2,588,000AED 2,558,000 to AED 2,599,000
Last saleAED 2,400,00013 Nov 2023 · Resale
Change since last sale+7.8%Building trend alone: AED 2,582,555
Rent (median asking, 2 bed)AED 160,000Gross yield 6.2%
Bedrooms2 bed
Size1,339 sq ft
Floor42 (from the unit number)
Position in the towerStack 01: units ending 01 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 4201

DatePriceSizeAED/sq ftType
13 Nov 2023AED 2,400,0001,339 sq ft1,792Resale
11 Aug 2023AED 2,100,0001,339 sq ft1,568Resale

Units ending 01 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
580112 Dec 2025AED 2,600,0001,341 sq ft1,939Resale
620110 Nov 2025AED 2,250,0001,237 sq ft1,819Resale
26013 Jul 2025AED 1,675,000756 sq ft2,216Resale
560130 Jan 2025AED 2,600,0001,339 sq ft1,942Resale
440130 Dec 2024AED 2,550,0001,339 sq ft1,904Resale
460112 Dec 2024AED 2,580,0001,339 sq ft1,927Resale
570113 Aug 2024AED 2,300,0001,341 sq ft1,715Resale
39018 Jul 2024AED 2,400,0001,339 sq ft1,792Resale

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 6 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 1,933). We multiplied it by the size of this unit (1,339 sq ft). The range uses the middle half of those sales (AED 1,910 to AED 1,941 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 2,582,555. 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 4201 at Paramount Tower Hotel & Residences worth?

About AED 2,588,000 (range AED 2,558,000 to AED 2,599,000), based on AED 1,933 per sq ft from registered sales up to 15 Oct 2026.

When did unit 4201 last sell?

13 Nov 2023, for AED 2,400,000 (resale). It has 2 registered sales.

What rent can unit 4201 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 6.2% on the estimate.

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

Unit 4112 · Unit 4202