Unit 5304, Paramount Tower Hotel & Residences: what it sold for and what it is worth now

Unit 5304 at Paramount Tower Hotel & Residences is a 2 bed of 1,121 sq ft. It last sold for AED 1,775,000 on 28 Apr 2022. At AED 1,941 per sq ft, from 3 sales of units ending 04 (same position in the tower), it is worth about AED 2,176,000 today.

Value todayAED 2,176,000AED 2,176,000 to AED 2,288,000
Last saleAED 1,775,00028 Apr 2022 · Resale
Change since last sale+22.6%Building trend alone: AED 2,063,564
Rent (median asking, 2 bed)AED 160,000Gross yield 7.4%
Bedrooms2 bed
Size1,121 sq ft
Floor53 (from the unit number)
Position in the towerStack 04: units ending 04 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 5304

DatePriceSizeAED/sq ftType
28 Apr 2022AED 1,775,0001,121 sq ft1,583Resale
6 Sep 2021AED 1,920,2731,121 sq ft1,713Off-plan

Units ending 04 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
330423 Sep 2025AED 2,500,0001,288 sq ft1,941Resale
280427 May 2025AED 2,500,0001,288 sq ft1,941Resale
400419 Dec 2024AED 2,400,0001,121 sq ft2,141Resale
580410 Jun 2024AED 1,820,000921 sq ft1,976Resale
590428 Mar 2024AED 1,750,000921 sq ft1,900Resale
620427 Feb 2024AED 1,950,0001,040 sq ft1,875Resale
570427 Feb 2024AED 1,800,000921 sq ft1,954Resale
600422 Sep 2023AED 2,070,0001,121 sq ft1,847Resale

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 3 resale sales of units ending 04 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,941). We multiplied it by the size of this unit (1,121 sq ft). The range uses the middle half of those sales (AED 1,941 to AED 2,041 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 2,063,564. 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 5304 at Paramount Tower Hotel & Residences worth?

About AED 2,176,000 (range AED 2,176,000 to AED 2,288,000), based on AED 1,941 per sq ft from registered sales up to 15 Oct 2026.

When did unit 5304 last sell?

28 Apr 2022, for AED 1,775,000 (resale). It has 2 registered sales.

What rent can unit 5304 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 7.4% on the estimate.

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

Unit 5211 · Unit 5305