Unit 5705 at Paramount Tower Hotel & Residences is a 1 bed of 869 sq ft. It last sold for AED 1,800,000 on 4 Nov 2024. At AED 2,045 per sq ft, from 4 sales of units ending 05 (same position in the tower), it is worth about AED 1,777,000 today.
| Bedrooms | 1 bed |
|---|---|
| Size | 869 sq ft |
| Floor | 57 (from the unit number) |
| Position in the tower | Stack 05: units ending 05 share the same layout and view |
| Building | Paramount Tower Hotel & Residences by DAMAC Properties, handed over 2021 |
| Registered sales of this unit | 2 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 4 Nov 2024 | AED 1,800,000 | 869 sq ft | 2,071 | Resale |
| 23 Mar 2022 | AED 1,442,540 | 869 sq ft | 1,660 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 3105 | 21 Nov 2025 | AED 2,600,000 | 1,288 sq ft | 2,019 | Resale |
| 3105 | 3 Dec 2024 | AED 2,380,000 | 1,288 sq ft | 1,848 | Resale |
| 5805 | 29 Nov 2024 | AED 2,000,000 | 869 sq ft | 2,301 | Resale |
| 3905 | 20 Sep 2024 | AED 2,339,000 | 1,166 sq ft | 2,006 | Resale |
| 4605 | 1 Aug 2024 | AED 2,300,000 | 1,166 sq ft | 1,973 | Resale |
| 2605 | 23 Jul 2024 | AED 2,300,000 | 1,288 sq ft | 1,786 | Resale |
| 3205 | 10 Jul 2024 | AED 2,325,000 | 1,288 sq ft | 1,805 | Resale |
| 2805 | 10 Jun 2024 | AED 2,500,000 | 1,288 sq ft | 1,941 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 5513 | 15 Oct 2026 | AED 1,400,000 | 679 sq ft | 2,062 | Resale |
| 1827 | 16 Jun 2026 | AED 2,018,990 | 843 sq ft | 2,395 | Resale |
| 3510 | 18 May 2026 | AED 2,000,000 | 974 sq ft | 2,053 | Resale |
| 6013 | 8 May 2026 | AED 1,650,000 | 681 sq ft | 2,423 | Resale |
| 2815 | 19 Feb 2026 | AED 1,800,000 | 898 sq ft | 2,004 | Resale |
| 6012 | 16 Feb 2026 | AED 1,700,000 | 683 sq ft | 2,489 | Resale |
| 3415 | 11 Dec 2025 | AED 1,790,000 | 898 sq ft | 1,993 | Resale |
| 2609 | 19 Nov 2025 | AED 2,100,000 | 965 sq ft | 2,176 | Resale |
We took the 4 resale sales of units ending 05 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,045). We multiplied it by the size of this unit (869 sq ft). The range uses the middle half of those sales (AED 1,976 to AED 2,129 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,887,832. 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 1,777,000 (range AED 1,717,000 to AED 1,850,000), based on AED 2,045 per sq ft from registered sales up to 15 Oct 2026.
4 Nov 2024, for AED 1,800,000 (resale). It has 2 registered sales.
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 6.5% on the estimate.
Sales alert for Paramount Tower Hotel & ResidencesAll sales in Paramount Tower Hotel & Residences