Unit 5907, Paramount Tower Hotel & Residences: what it sold for and what it is worth now

Unit 5907 at Paramount Tower Hotel & Residences is a 3 bed of 1,645 sq ft. It last sold for AED 3,225,000 on 11 Jul 2023. At AED 1,998 per sq ft, from 7 sales of units ending 07 (same position in the tower), it is worth about AED 3,286,000 today.

Value todayAED 3,286,000AED 2,807,000 to AED 3,433,000
Last saleAED 3,225,00011 Jul 2023 · Resale
Change since last sale+1.9%Building trend alone: AED 3,508,833
Rent (median asking, 3 bed)AED 240,000Gross yield 7.3%
Bedrooms3 bed
Size1,645 sq ft
Floor59 (from the unit number)
Position in the towerStack 07: units ending 07 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 5907

DatePriceSizeAED/sq ftType
11 Jul 2023AED 3,225,0001,645 sq ft1,960Resale

Units ending 07 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
290713 Aug 2026AED 2,725,0001,364 sq ft1,998Resale
350725 Jun 2026AED 3,200,0001,364 sq ft2,346Resale
28076 May 2026AED 2,800,0001,364 sq ft2,053Resale
40075 Jan 2026AED 3,490,0001,645 sq ft2,122Resale
260729 May 2025AED 2,400,0001,364 sq ft1,760Resale
180729 May 2025AED 836,000520 sq ft1,608Resale
360720 Mar 2025AED 1,600,000968 sq ft1,653Resale
270728 May 2024AED 2,370,0001,364 sq ft1,738Resale

Latest 3 bed sales in Paramount Tower Hotel & Residences

UnitDatePriceSizeAED/sq ftType
390815 Oct 2026AED 2,742,6511,644 sq ft1,668Resale
60089 Jun 2026AED 3,000,0001,644 sq ft1,825Resale
41085 Jun 2026AED 2,794,3981,644 sq ft1,700Resale
40075 Jan 2026AED 3,490,0001,645 sq ft2,122Resale
380822 Aug 2025AED 2,975,0001,644 sq ft1,810Resale
390817 Jul 2025AED 2,950,0001,644 sq ft1,794Resale
52089 Jun 2025AED 2,900,0001,644 sq ft1,764Resale
480620 Mar 2025AED 3,573,5001,586 sq ft2,253Resale

How we worked out the value

We took the 7 resale sales of units ending 07 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,998). We multiplied it by the size of this unit (1,645 sq ft). The range uses the middle half of those sales (AED 1,706 to AED 2,087 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 3,508,833. 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 5907 at Paramount Tower Hotel & Residences worth?

About AED 3,286,000 (range AED 2,807,000 to AED 3,433,000), based on AED 1,998 per sq ft from registered sales up to 15 Oct 2026.

When did unit 5907 last sell?

11 Jul 2023, for AED 3,225,000 (resale). It has 1 registered sale.

What rent can unit 5907 make?

A 3 bed in Paramount Tower Hotel & Residences rents for about AED 240,000 a year (median asking rent). That is a gross yield of 7.3% on the estimate.

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

Unit 5906 · Unit 5908