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Paramount Tower Hotel & Residences, Business Bay

Located in Business Bay, Dubai. Its price per sqft is +1% vs the Paramount Tower Hotel & Residences median (AED 2,053/sqft).

All Business Bay sales Paramount Tower Hotel & Residences prices

Sale price

AED 2,450,000

Per sqft: AED 2,066
Registered: 29 Jan 2026, 15:27 (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 P5-19).

Comparable sales

02 / The property

Property details

Size: 1,186 sqft · 110.19 m²
Bedrooms: 2 BR
Registered as: Sale
Property sub-type: Flat
Usage: Residential
Tenure: Freehold
Parking: P5-19
Nearest metro: Business Bay Metro Station
Nearest mall: Dubai Mall
Nearest landmark: Burj Khalifa

03 / Comparables

All sales in Paramount Tower Hotel & Residences (5 Jan 2026 – 7 Sept 2026)

25 market sales. Percentages compare each sale with this one.

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1 visible

Comparable market sales. Change is relative to the selected sale.
Sale record	Recorded	Value · AED	AED / sqft
2 BR · 1,167 sqftReady	7 Sept 2026	2.35M−4% vs selected	2,014−3% vs selected
2 BR · 1,167 sqftReady	6 Sept 2026	2.16M−12% vs selected	1,853−10% vs selected
2 BR · 1,167 sqftReady	5 Sept 2026	2.56M+5% vs selected	2,195+6% vs selected
2 BR · 1,167 sqftReady	4 Sept 2026	2.02M−18% vs selected	1,732−16% vs selected

25 sales to compare

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04 / Renting it out

What similar apartments rent for

Median of 4 market rents of apartments of 1,008–1,364 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.

See these contracts

Median rent / yr: AED 187,500
Per sqft / yr: AED 150/sqft
Gross yield: 7.7%