Unit 4409, Paramount Tower Hotel & Residences: what it sold for and what it is worth now

Unit 4409 at Paramount Tower Hotel & Residences is a 2 bed of 1,221 sq ft. It last sold for AED 2,020,000 on 25 Dec 2023. At AED 1,962 per sq ft, from 8 sales of units ending 09 (same position in the tower), it is worth about AED 2,395,000 today.

Value todayAED 2,395,000AED 2,197,000 to AED 2,577,000
Last saleAED 2,020,00025 Dec 2023 · Resale
Change since last sale+18.6%Building trend alone: AED 2,139,323
Rent (median asking, 2 bed)AED 160,000Gross yield 6.7%
Bedrooms2 bed
Size1,221 sq ft
Floor44 (from the unit number)
Position in the towerStack 09: units ending 09 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 4409

DatePriceSizeAED/sq ftType
25 Dec 2023AED 2,020,0001,221 sq ft1,654Resale

Units ending 09 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
410912 Jan 2026AED 2,400,0001,221 sq ft1,966Resale
54097 Jan 2026AED 2,550,0001,221 sq ft2,088Resale
260919 Nov 2025AED 2,100,000965 sq ft2,176Resale
250927 Oct 2025AED 932,000520 sq ft1,792Resale
460921 Aug 2025AED 2,390,0001,221 sq ft1,957Resale
400924 Feb 2025AED 2,200,0001,221 sq ft1,802Resale
62096 Nov 2024AED 2,350,0001,316 sq ft1,786Resale
260931 Oct 2024AED 2,115,570965 sq ft2,192Resale

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 8 resale sales of units ending 09 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,962). We multiplied it by the size of this unit (1,221 sq ft). The range uses the middle half of those sales (AED 1,799 to AED 2,110 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 2,139,323. 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 4409 at Paramount Tower Hotel & Residences worth?

About AED 2,395,000 (range AED 2,197,000 to AED 2,577,000), based on AED 1,962 per sq ft from registered sales up to 15 Oct 2026.

When did unit 4409 last sell?

25 Dec 2023, for AED 2,020,000 (resale). It has 1 registered sale.

What rent can unit 4409 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 6.7% on the estimate.

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

Unit 4408 · Unit 4410