Unit 4811, Paramount Tower Hotel & Residences: what it sold for and what it is worth now

Unit 4811 at Paramount Tower Hotel & Residences is a 2 bed of 1,290 sq ft. It last sold for AED 2,175,000 on 23 Jun 2025. At AED 1,865 per sq ft, from 6 sales of units ending 11 (same position in the tower), it is worth about AED 2,405,000 today.

Value todayAED 2,405,000AED 2,225,000 to AED 2,523,000
Last saleAED 2,175,00023 Jun 2025 · Resale
Change since last sale+10.6%Building trend alone: AED 2,253,785
Rent (median asking, 2 bed)AED 160,000Gross yield 6.7%
Bedrooms2 bed
Size1,290 sq ft
Floor48 (from the unit number)
Position in the towerStack 11: units ending 11 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 4811

DatePriceSizeAED/sq ftType
23 Jun 2025AED 2,175,0001,290 sq ft1,686Resale
20 Sep 2021AED 2,069,7601,290 sq ft1,604Off-plan

Units ending 11 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
411129 Jun 2026AED 2,655,0001,290 sq ft2,058Resale
151119 Feb 2026AED 821,443520 sq ft1,580Resale
26115 Feb 2026AED 2,500,0001,324 sq ft1,888Resale
251115 Aug 2025AED 1,029,000520 sq ft1,979Resale
411113 Nov 2024AED 2,375,0001,290 sq ft1,841Resale
291116 Sep 2024AED 2,250,0001,324 sq ft1,699Resale
531111 Jun 2024AED 2,000,0001,290 sq ft1,550Resale
201120 Feb 2024AED 1,400,000520 sq ft2,692Resale

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 11 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,865). We multiplied it by the size of this unit (1,290 sq ft). The range uses the middle half of those sales (AED 1,725 to AED 1,956 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 2,253,785. 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 4811 at Paramount Tower Hotel & Residences worth?

About AED 2,405,000 (range AED 2,225,000 to AED 2,523,000), based on AED 1,865 per sq ft from registered sales up to 15 Oct 2026.

When did unit 4811 last sell?

23 Jun 2025, for AED 2,175,000 (resale). It has 2 registered sales.

What rent can unit 4811 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 4810 · Unit 4901