Unit 5804, Paramount Tower Hotel & Residences: what it sold for and what it is worth now

Unit 5804 at Paramount Tower Hotel & Residences is a 1 bed of 921 sq ft. It last sold for AED 1,820,000 on 10 Jun 2024. At AED 1,941 per sq ft, from 3 sales of units ending 04 (same position in the tower), it is worth about AED 1,788,000 today.

Value todayAED 1,788,000AED 1,788,000 to AED 1,880,000
Last saleAED 1,820,00010 Jun 2024 · Resale
Change since last sale-1.8%Building trend alone: AED 1,870,924
Rent (median asking, 1 bed)AED 115,000Gross yield 6.4%
Bedrooms1 bed
Size921 sq ft
Floor58 (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 unit1

Every registered sale of unit 5804

DatePriceSizeAED/sq ftType
10 Jun 2024AED 1,820,000921 sq ft1,976Resale

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
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
470430 Aug 2023AED 2,500,0001,121 sq ft2,230Resale

Latest 1 bed sales in Paramount Tower Hotel & Residences

UnitDatePriceSizeAED/sq ftType
551315 Oct 2026AED 1,400,000679 sq ft2,062Resale
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

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 (921 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 1,870,924. 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 5804 at Paramount Tower Hotel & Residences worth?

About AED 1,788,000 (range AED 1,788,000 to AED 1,880,000), based on AED 1,941 per sq ft from registered sales up to 15 Oct 2026.

When did unit 5804 last sell?

10 Jun 2024, for AED 1,820,000 (resale). It has 1 registered sale.

What rent can unit 5804 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 6.4% on the estimate.

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

Unit 5803 · Unit 5805