DAMAC Towers by Paramount, Tower 1

Dubai, United Arab Emirates
Completed

Key Statistics

268.0 meters
Architectural Height
69 floors
Total Floors
2018 completed
Year Built
19 views
Page Views

Basic Information

Structure Type Highrise
Building Use Residential
Floors 69
Year Built 2018

Height Information

268.0m
Architectural 879 ft

Location

25.1888°, 55.2767°
Estimated Property Value

$141.49M

$141,488,793 USD
A+ Class
$124.51M Estimated $158.47M
Confidence Score
79%
Medium-High
Jan 26, 2026 39,744 m² (est.) $2,723/m² base
$11.11M Annual Revenue
$925.5K Monthly Revenue
$3,560 Price per m²
7.85% Rental Yield
97.9% Occupancy Rate
$286 Rent per m²/yr

Valuation Methods

Sales Comparison $170.57M
Income Approach $77.51M
Cost Approach $193.86M

Value Factors

0.91x
Location
1x
Use Type
1.08x
Height
1.05x
Structure
0.95x
Age
1x
Stage
Data Sources: Market Index Class a+ GDP Adjusted Inflation Adjusted Floor area estimated Income Analysis Cost Analysis

This is an algorithmic estimate based on location, building characteristics, and market data. Actual values may vary significantly based on specific property conditions, local market dynamics, building condition, recent renovations, and other factors. This should not be used for financial decisions without professional appraisal.

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