Dubai building data

PARAMOUNT TOWER HOTEL & RESIDENCES: sale prices and rents

بارامونت تاور هوتل اند ريزيدنسز

Registered sales and rent contracts for the building PARAMOUNT TOWER HOTEL & RESIDENCES in Business Bay, from Dubai Land Department open data.

PARAMOUNT TOWER HOTEL & RESIDENCES (Business Bay): 36 registered sales in the 12 months to September 2026, median AED 2,005 per sq ft. Source: Dubai Land Department open data via data.dubai, as of 23 Oct 2026, calculated by Zolia.

Key figures, last 12 months

Data as of 23 Oct 2026 · Period Oct 2025 – Sep 2026

Registered sales
36
−41.9% vs previous 12 months
Median price per sq ft
AED 2,005 per sq ft
+3.3% vs previous 12 months
Median annual rent
under 3 rent contracts
Gross rental yield
under 30 sales (26)

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

Registered mortgage transactions only, without interest rates and without lenders.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Off-plan and ready sales in PARAMOUNT TOWER HOTEL & RESIDENCES

StatusSalesMedian per sq ftMiddle range per sq ft
Off-planunder 3under 3under 3
Ready36AED 2,005 per sq ft1,791 – 2,122

Off-plan sales are sales of properties before completion, as registered in Dubai Land Department transactions; ready sales are sales of completed properties.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Rents and rental yield in PARAMOUNT TOWER HOTEL & RESIDENCES

Median annual rent
under 3 rent contracts
Median annual rent per sq ft
under 3 rent contracts
Gross rental yield
under 30 sales (26)

The permitted rent increase is set by the Smart Rental Index of the Dubai Land Department; this page does not compute an index value. About the Smart Rental Index

Too few ready apartment sales for a gross rental yield: 26 in the period, at least 30 needed. Land, whole buildings, villas and commercial units are not counted.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Price per sq ft and rents by unit type in PARAMOUNT TOWER HOTEL & RESIDENCES

Unit typeSalesMedian per sq ftMedian annual rentGross yield
1 bedroom6AED 2,054 per sq ftunder 3 rent contractsunder 30 sales (6)
2 bedrooms17AED 2,019 per sq ftunder 3 rent contractsunder 30 sales (17)
3 bedrooms3AED 1,825 per sq ftunder 3 rent contractsunder 30 sales (3)

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Price trend in PARAMOUNT TOWER HOTEL & RESIDENCES

MonthSalesMedian per sq ftRent contracts
Oct 20246AED 2,023 per sq ftunder 3
Nov 20247AED 1,841 per sq ftunder 3
Dec 202410AED 1,927 per sq ftunder 3
Feb 20254AED 1,894 per sq ftunder 3
Mar 20256AED 1,752 per sq ftunder 3
May 20254AED 1,760 per sq ftunder 3
Jun 20258AED 1,764 per sq ftunder 3
Jul 20255AED 2,489 per sq ftunder 3
Aug 20255AED 1,978 per sq ftunder 3
Sep 20253AED 1,920 per sq ftunder 3
Oct 20253AED 1,791 per sq ftunder 3
Nov 20255AED 2,019 per sq ftunder 3
Dec 20253AED 1,940 per sq ftunder 3
Jan 20266AED 2,066 per sq ftunder 3
Feb 20266AED 2,005 per sq ftunder 3
May 20265AED 2,053 per sq ftunder 3
Jun 20265AED 2,059 per sq ftunder 3
Sales per calendar year
YearSalesMedian per sq ft
201543AED 1,881 per sq ft
201672AED 1,940 per sq ft
201714AED 1,995 per sq ft
201810AED 1,756 per sq ft
2019142AED 1,765 per sq ft
2020156AED 1,390 per sq ft
2021131AED 1,613 per sq ft
2022196AED 1,781 per sq ft
2023126AED 1,835 per sq ft
202498AED 1,953 per sq ft
202550AED 1,940 per sq ft

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Location

PARAMOUNT TOWER HOTEL & RESIDENCES is a building in the DLD area Business Bay.

PARAMOUNT TOWER HOTEL & RESIDENCES belongs to the project PARAMOUNT TOWER HOTEL & RESIDENCES.

Names as in the registered transactions and rent contracts; company names are not shown.

More buildings in Business Bay

  • DOWNTOWN RESIDENCES 364 registered transactions and rent contracts in 12 months.
  • Al Habtoor Tower 216 registered transactions and rent contracts in 12 months.
  • TIGER SKY TOWER 173 registered transactions and rent contracts in 12 months.
  • Peninsula Three 168 registered transactions and rent contracts in 12 months.
  • burj capital 140 registered transactions and rent contracts in 12 months.
  • THE EDGE 126 registered transactions and rent contracts in 12 months.

Questions about PARAMOUNT TOWER HOTEL & RESIDENCES

How many sales were registered in PARAMOUNT TOWER HOTEL & RESIDENCES?
36 sales were registered in PARAMOUNT TOWER HOTEL & RESIDENCES in Oct 2025 – Sep 2026.
What is the median price per sq ft in PARAMOUNT TOWER HOTEL & RESIDENCES?
The median price of registered sales in PARAMOUNT TOWER HOTEL & RESIDENCES was AED 2,005 per sq ft in Oct 2025 – Sep 2026.
Which DLD area is PARAMOUNT TOWER HOTEL & RESIDENCES in?
PARAMOUNT TOWER HOTEL & RESIDENCES is registered in the Dubai Land Department area Business Bay.

Method and source

Figures based on fewer than 3 records are not shown.

Source: Dubai Land Department, open data via data.dubai (as of 23 Oct 2026). Prepared by Zolia; not an official product of the Dubai Land Department.

Open data portal: data.dubai · Licence: Dubai Open Data Licence

  • Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae