Unit 5513, Paramount Tower Hotel & Residences: what it sold for and what it is worth now

Unit 5513 at Paramount Tower Hotel & Residences is a 1 bed of 679 sq ft. It last sold for AED 1,400,000 on 15 Oct 2026. At AED 2,408 per sq ft, from 10 sales of units ending 13 (same position in the tower), it is worth about AED 1,635,000 today.

Value todayAED 1,635,000AED 1,246,000 to AED 1,773,000
Last saleAED 1,400,00015 Oct 2026 · Resale
Change since last sale+16.8%Building trend alone: AED 1,396,782
Rent (median asking, 1 bed)AED 115,000Gross yield 7.0%
Bedrooms1 bed
Size679 sq ft
Floor55 (from the unit number)
Position in the towerStack 13: units ending 13 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 5513

DatePriceSizeAED/sq ftType
15 Oct 2026AED 1,400,000679 sq ft2,062Resale
26 Jun 2025AED 1,800,000679 sq ft2,651Resale

Units ending 13 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
60138 May 2026AED 1,650,000681 sq ft2,423Resale
271324 Oct 2025AED 2,385,0001,356 sq ft1,759Resale
461318 Aug 2025AED 1,875,000679 sq ft2,761Resale
241330 Jul 2025AED 1,291,000518 sq ft2,492Resale
46133 Jun 2025AED 1,625,000679 sq ft2,393Resale
541329 Apr 2025AED 2,000,000679 sq ft2,946Resale
261320 Mar 2025AED 2,100,0001,359 sq ft1,545Resale
321315 Oct 2024AED 2,270,0001,356 sq ft1,674Resale

Latest 1 bed sales in Paramount Tower Hotel & Residences

UnitDatePriceSizeAED/sq ftType
182716 Jun 2026AED 2,018,990843 sq ft2,395Resale
351018 May 2026AED 2,000,000974 sq ft2,053Resale
60138 May 2026AED 1,650,000681 sq ft2,423Resale
281519 Feb 2026AED 1,800,000898 sq ft2,004Resale
601216 Feb 2026AED 1,700,000683 sq ft2,489Resale
341511 Dec 2025AED 1,790,000898 sq ft1,993Resale
260919 Nov 2025AED 2,100,000965 sq ft2,176Resale
461318 Aug 2025AED 1,875,000679 sq ft2,761Resale

How we worked out the value

We took the 10 resale sales of units ending 13 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,408). We multiplied it by the size of this unit (679 sq ft). The range uses the middle half of those sales (AED 1,835 to AED 2,611 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,396,782. 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 5513 at Paramount Tower Hotel & Residences worth?

About AED 1,635,000 (range AED 1,246,000 to AED 1,773,000), based on AED 2,408 per sq ft from registered sales up to 15 Oct 2026.

When did unit 5513 last sell?

15 Oct 2026, for AED 1,400,000 (resale). It has 2 registered sales.

What rent can unit 5513 make?

A 1 bed in Paramount Tower Hotel & Residences rents for about AED 115,000 a year (median asking rent). That is a gross yield of 7.0% on the estimate.

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

Unit 5512 · Unit 5601