Unit 5504 at Paramount Tower Hotel & Residences is a 2 bed of 1,121 sq ft. It last sold for AED 1,929,241 on 5 Sep 2021. 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.
| Bedrooms | 2 bed |
|---|---|
| Size | 1,121 sq ft |
| Floor | 55 (from the unit number) |
| Position in the tower | Stack 04: units ending 04 share the same layout and view |
| Building | Paramount Tower Hotel & Residences by DAMAC Properties, handed over 2021 |
| Registered sales of this unit | 1 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 5 Sep 2021 | AED 1,929,241 | 1,121 sq ft | 1,721 | Off-plan |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 3304 | 23 Sep 2025 | AED 2,500,000 | 1,288 sq ft | 1,941 | Resale |
| 2804 | 27 May 2025 | AED 2,500,000 | 1,288 sq ft | 1,941 | Resale |
| 4004 | 19 Dec 2024 | AED 2,400,000 | 1,121 sq ft | 2,141 | Resale |
| 5804 | 10 Jun 2024 | AED 1,820,000 | 921 sq ft | 1,976 | Resale |
| 5904 | 28 Mar 2024 | AED 1,750,000 | 921 sq ft | 1,900 | Resale |
| 6204 | 27 Feb 2024 | AED 1,950,000 | 1,040 sq ft | 1,875 | Resale |
| 5704 | 27 Feb 2024 | AED 1,800,000 | 921 sq ft | 1,954 | Resale |
| 6004 | 22 Sep 2023 | AED 2,070,000 | 1,121 sq ft | 1,847 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 4102 | 7 Sep 2026 | AED 2,350,000 | 1,167 sq ft | 2,014 | Resale |
| 2907 | 13 Aug 2026 | AED 2,725,000 | 1,364 sq ft | 1,998 | Resale |
| 4111 | 29 Jun 2026 | AED 2,655,000 | 1,290 sq ft | 2,058 | Resale |
| 3507 | 25 Jun 2026 | AED 3,200,000 | 1,364 sq ft | 2,346 | Resale |
| 2807 | 6 May 2026 | AED 2,800,000 | 1,364 sq ft | 2,053 | Resale |
| 4502 | 6 Feb 2026 | AED 3,029,000 | 1,167 sq ft | 2,596 | Resale |
| 2611 | 5 Feb 2026 | AED 2,500,000 | 1,324 sq ft | 1,888 | Resale |
| 5110 | 29 Jan 2026 | AED 2,450,000 | 1,186 sq ft | 2,066 | Resale |
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 2,340,582. Floor, view, condition and upgrades can move the price either way. Sales data to 15 Oct 2026, from the Dubai Land Department register.
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.
5 Sep 2021, for AED 1,929,241 (off-plan). It has 1 registered sale.
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