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Paramount Tower Hotel & Residences, Business Bay

Located in Business Bay, Dubai. Its price per sqft is −17% vs the Paramount Tower Hotel & Residences median (AED 2,053/sqft).

Sale price

AED 2,794,398

Per sqft
AED 1,700
Registered
5 Jun 2026, 10:41 (Dubai)

01 / Price history

This unit's history

This is the only registration of this unit on record (same layout, exact size and parking bay P2-14).

Comparable sales

02 / The property

Property details

Size
1,644 sqft · 152.71 m²
Bedrooms
3 BR
Registered as
Sale
Property sub-type
Flat
Usage
Residential
Tenure
Freehold
Parking
P2-14
Nearest metro
Business Bay Metro Station
Nearest mall
Dubai Mall
Nearest landmark
Burj Khalifa

03 / Comparables

All sales in Paramount Tower Hotel & Residences (26 Nov 2015 – 15 Oct 2026)

1,072 market sales. Percentages compare each sale with this one.

2 visible
Comparable market sales. Change is relative to the selected sale.
Sale recordRecordedValue · AEDAED / sqft
15 Oct 20261.4M−50% vs selected2,062+21% vs selected
15 Oct 20262.74M−2% vs selected1,669−2% vs selected

1,072 sales to compare

Guests see the latest 5 transactions of each project and community. Create an account to compare this sale with all of them.

04 / Renting it out

What similar apartments rent for

Median of 37 market rents of apartments of 1,397–1,890 sq ft in Paramount Tower Hotel & Residences. The gross yield is that rent against this sale's price, before service charges, fees and empty months.

Median rent / yr
AED 205,000
Per sqft / yr
AED 126/sqft
Gross yield
7.3%