← Business Bay
PARAMOUNT TOWER HOTEL & RESIDENCES
Business Bay, Dubai · DAMAC Properties
Sales
Transactions
6
Average sale price
1.53M
Median sale price
1.47M
Avg sale price / sqft
1,969
per sqft
Rentals
Rental contracts
5
Median annual rent
140K
Median rent / sqft·yr
115
per sqft per year
Implied gross yield
9.5%
median rent ÷ median sale
Sold transactions in PARAMOUNT TOWER HOTEL & RESIDENCES
Registered sales from the Dubai Land Department. For rentals across Business Bay, see the Rents page.
6 transactions
| Property | Type | Size | Price () | / sqft | Date | Sale | Conf. | Open |
|---|---|---|---|---|---|---|---|---|
| PARAMOUNT TOWER HOTEL & RESIDENCES DAMAC Properties | Apartment · 1 BR | 974 | 2,000,000 | 2,053 | 18 May 2026 | Sale | high | |
| PARAMOUNT TOWER HOTEL & RESIDENCES DAMAC Properties | Apartment · 1 BR | 681 | 1,650,000 | 2,423 | 08 May 2026 | Sale | high | |
| PARAMOUNT TOWER HOTEL & RESIDENCES DAMAC Properties | Apartment · 2 BR | 1,364 | 2,800,000 | 2,053 | 06 May 2026 | Sale | high | |
| PARAMOUNT TOWER HOTEL & RESIDENCES DAMAC Properties | Studio · Studio | 520 | 1,295,000 | 2,490 | 24 Feb 2026 | Sale | high | |
| PARAMOUNT TOWER HOTEL & RESIDENCES DAMAC Properties | Studio · Studio | 520 | 821,443 | 1,580 | 19 Feb 2026 | Sale | high | |
| PARAMOUNT TOWER HOTEL & RESIDENCES DAMAC Properties | Studio · Studio | 520 | 630,000 | 1,212 | 26 Dec 2025 | Sale | high |
Rental contracts in PARAMOUNT TOWER HOTEL & RESIDENCES
Matched via DLD's project name (the rentals feed doesn't ship a building id) — 5 most-recent contracts in our 2-year window.
| Start | Project | Type | Size | Annual rent () | / sqft·yr | Contract |
|---|---|---|---|---|---|---|
| 01 Jun 2026 | PARAMOUNT TOWER HOTEL & RESIDENCES | Apartment · 2 BR | 1,221 | 140,000 | 115 | New |
| 16 May 2026 | PARAMOUNT TOWER HOTEL & RESIDENCES | Apartment · 1 BR | 974 | 100,000 | 103 | New |
| 15 May 2026 | PARAMOUNT TOWER HOTEL & RESIDENCES | Apartment · 2 BR | 1,339 | 150,000 | 112 | New |
| 13 May 2026 | PARAMOUNT TOWER HOTEL & RESIDENCES | Apartment · 2 BR | 1,339 | 157,000 | 117 | New |
| 09 May 2026 | PARAMOUNT TOWER HOTEL & RESIDENCES | Apartment · 2 BR | 1,121 | 130,000 | 116 | Renew |