Dubai project data
PARAMOUNT TOWER HOTEL & RESIDENCES: sale prices and rents
فندق بارامونت تاور آند ريزيدانس
Registered sales and rent contracts for the project 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
- Median sale price
- AED 2.4m
- Off-plan share of sales
- under 3
- Median annual rent
- AED 160,000
- 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
| Status | Sales | Median per sq ft | Middle range per sq ft |
|---|---|---|---|
| Off-plan | under 3 | under 3 | under 3 |
| Ready | 36 | AED 2,005 per sq ft | 1,791 – 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 per sq ft
- AED 134 per sq ft
- 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 type | Sales | Median per sq ft | Median annual rent | Gross yield |
|---|---|---|---|---|
| Studio | under 3 | under 3 | AED 70,000 | under 3 sales |
| 1 bedroom | 6 | AED 2,054 per sq ft | AED 115,000 | under 30 sales (6) |
| 2 bedrooms | 17 | AED 2,019 per sq ft | AED 165,000 | under 30 sales (17) |
| 3 bedrooms | 3 | AED 1,825 per sq ft | AED 220,000 | under 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
| Month | Sales | Median per sq ft | Rent contracts |
|---|---|---|---|
| Oct 2024 | 6 | AED 2,023 per sq ft | 38 |
| Nov 2024 | 7 | AED 1,841 per sq ft | 40 |
| Dec 2024 | 10 | AED 1,927 per sq ft | 16 |
| Jan 2025 | under 3 | under 3 | 20 |
| Feb 2025 | 4 | AED 1,894 per sq ft | 22 |
| Mar 2025 | 6 | AED 1,752 per sq ft | 21 |
| Apr 2025 | under 3 | under 3 | 26 |
| May 2025 | 4 | AED 1,760 per sq ft | 17 |
| Jun 2025 | 8 | AED 1,764 per sq ft | 19 |
| Jul 2025 | 5 | AED 2,489 per sq ft | 24 |
| Aug 2025 | 5 | AED 1,978 per sq ft | 32 |
| Sep 2025 | 3 | AED 1,920 per sq ft | 27 |
| Oct 2025 | 3 | AED 1,791 per sq ft | 35 |
| Nov 2025 | 5 | AED 2,019 per sq ft | 39 |
| Dec 2025 | 3 | AED 1,940 per sq ft | 25 |
| Jan 2026 | 6 | AED 2,066 per sq ft | 29 |
| Feb 2026 | 6 | AED 2,005 per sq ft | 17 |
| Mar 2026 | under 3 | under 3 | 15 |
| Apr 2026 | under 3 | under 3 | 20 |
| May 2026 | 5 | AED 2,053 per sq ft | 11 |
| Jun 2026 | 5 | AED 2,059 per sq ft | 31 |
| Jul 2026 | under 3 | under 3 | 26 |
| Aug 2026 | under 3 | under 3 | 28 |
| Sep 2026 | under 3 | under 3 | 29 |
| Year | Sales | Median per sq ft |
|---|---|---|
| 2015 | 43 | AED 1,881 per sq ft |
| 2016 | 72 | AED 1,940 per sq ft |
| 2017 | 14 | AED 1,995 per sq ft |
| 2018 | 10 | AED 1,756 per sq ft |
| 2019 | 142 | AED 1,765 per sq ft |
| 2020 | 156 | AED 1,390 per sq ft |
| 2021 | 131 | AED 1,613 per sq ft |
| 2022 | 196 | AED 1,781 per sq ft |
| 2023 | 126 | AED 1,835 per sq ft |
| 2024 | 98 | AED 1,953 per sq ft |
| 2025 | 50 | AED 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 project in the DLD area Business Bay.
Names as in the registered transactions and rent contracts; company names are not shown.
Buildings in PARAMOUNT TOWER HOTEL & RESIDENCES
- PARAMOUNT TOWER HOTEL & RESIDENCES 36 registered transactions and rent contracts in 12 months.
More projects in Business Bay
- VERA TOWER 382 registered transactions and rent contracts in 12 months.
- Downtown Residences 364 registered transactions and rent contracts in 12 months.
- MAG 318 289 registered transactions and rent contracts in 12 months.
- WINDSOR MANOR 265 registered transactions and rent contracts in 12 months.
- MARQUISE SQUARE TOWER 247 registered transactions and rent contracts in 12 months.
- THE COSMOPOLITAN 219 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.
- What is the median annual rent in PARAMOUNT TOWER HOTEL & RESIDENCES?
- The median annual rent of registered rent contracts in PARAMOUNT TOWER HOTEL & RESIDENCES was AED 160,000 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
All Dubai projects with figuresAll Dubai areasHow these figures are calculated
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