Unit 4608, Paramount Tower Hotel & Residences: what it sold for and what it is worth now

Unit 4608 at Paramount Tower Hotel & Residences is a 3 bed of 1,644 sq ft. It last sold for AED 2,770,000 on 19 Mar 2024. At AED 1,779 per sq ft, from 12 sales of units ending 08 (same position in the tower), it is worth about AED 2,925,000 today.

Value todayAED 2,925,000AED 2,860,000 to AED 2,981,000
Last saleAED 2,770,00019 Mar 2024 · Resale
Change since last sale+5.6%Building trend alone: AED 2,897,688
Rent (median asking, 3 bed)AED 240,000Gross yield 8.2%
Bedrooms3 bed
Size1,644 sq ft
Floor46 (from the unit number)
Position in the towerStack 08: units ending 08 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 4608

DatePriceSizeAED/sq ftType
19 Mar 2024AED 2,770,0001,644 sq ft1,685Resale

Units ending 08 (same position, other floors)

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
190822 May 2026AED 830,484520 sq ft1,597Resale
380822 Aug 2025AED 2,975,0001,644 sq ft1,810Resale
250818 Jul 2025AED 1,295,000520 sq ft2,490Resale
390817 Jul 2025AED 2,950,0001,644 sq ft1,794Resale
52089 Jun 2025AED 2,900,0001,644 sq ft1,764Resale

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 12 resale sales of units ending 08 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,779). We multiplied it by the size of this unit (1,644 sq ft). The range uses the middle half of those sales (AED 1,739 to AED 1,813 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 2,897,688. 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 4608 at Paramount Tower Hotel & Residences worth?

About AED 2,925,000 (range AED 2,860,000 to AED 2,981,000), based on AED 1,779 per sq ft from registered sales up to 15 Oct 2026.

When did unit 4608 last sell?

19 Mar 2024, for AED 2,770,000 (resale). It has 1 registered sale.

What rent can unit 4608 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 8.2% on the estimate.

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

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