Unit 4306, Paramount Tower Hotel & Residences: what it sold for and what it is worth now

Unit 4306 at Paramount Tower Hotel & Residences is a 3 bed of 1,586 sq ft. It last sold for AED 2,860,000 on 28 Apr 2023. At AED 1,762 per sq ft, from 4 sales in the building in the last 12 months (3 bed), it is worth about AED 2,795,000 today.

Value todayAED 2,795,000AED 2,683,000 to AED 3,012,000
Last saleAED 2,860,00028 Apr 2023 · Resale
Change since last sale-2.3%Building trend alone: AED 3,148,795
Rent (median asking, 3 bed)AED 240,000Gross yield 8.6%
Bedrooms3 bed
Size1,586 sq ft
Floor43 (from the unit number)
Position in the towerStack 06: units ending 06 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 4306

DatePriceSizeAED/sq ftType
28 Apr 2023AED 2,860,0001,586 sq ft1,803Resale

Units ending 06 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
480620 Mar 2025AED 3,573,5001,586 sq ft2,253Resale
610610 Feb 2025AED 3,000,0001,584 sq ft1,894Resale
410618 Mar 2024AED 3,835,2001,586 sq ft2,418Resale
38065 Feb 2024AED 2,750,0001,586 sq ft1,734Resale
59068 Dec 2023AED 3,000,0001,584 sq ft1,894Resale
280624 Nov 2023AED 2,300,0001,321 sq ft1,741Resale
290619 Oct 2023AED 2,300,0001,321 sq ft1,741Resale
47069 Oct 2023AED 3,300,0001,586 sq ft2,081Resale

Latest 3 bed sales in Paramount Tower Hotel & Residences

UnitDatePriceSizeAED/sq ftType
390815 Oct 2026AED 2,742,6511,644 sq ft1,668Resale
60089 Jun 2026AED 3,000,0001,644 sq ft1,825Resale
41085 Jun 2026AED 2,794,3981,644 sq ft1,700Resale
40075 Jan 2026AED 3,490,0001,645 sq ft2,122Resale
380822 Aug 2025AED 2,975,0001,644 sq ft1,810Resale
390817 Jul 2025AED 2,950,0001,644 sq ft1,794Resale
52089 Jun 2025AED 2,900,0001,644 sq ft1,764Resale
480620 Mar 2025AED 3,573,5001,586 sq ft2,253Resale

How we worked out the value

We took the 4 sales in Paramount Tower Hotel & Residences in the last 12 months (3 bed), worked out the price per sq ft of each, and used the middle value (AED 1,762). We multiplied it by the size of this unit (1,586 sq ft). The range uses the middle half of those sales (AED 1,692 to AED 1,899 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 3,148,795. 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 4306 at Paramount Tower Hotel & Residences worth?

About AED 2,795,000 (range AED 2,683,000 to AED 3,012,000), based on AED 1,762 per sq ft from registered sales up to 15 Oct 2026.

When did unit 4306 last sell?

28 Apr 2023, for AED 2,860,000 (resale). It has 1 registered sale.

What rent can unit 4306 make?

A 3 bed in Paramount Tower Hotel & Residences rents for about AED 240,000 a year (median asking rent). That is a gross yield of 8.6% on the estimate.

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

Unit 4302 · Unit 4307