Unit 1606 at Paramount Tower Hotel & Residences is a studio of 518 sq ft. It last sold for AED 1,100,000 on 10 Feb 2022. At AED 1,597 per sq ft, from 9 sales in the building in the last 12 months (studio), it is worth about AED 827,000 today.
| Bedrooms | studio |
|---|---|
| Size | 518 sq ft |
| Floor | 16 (from the unit number) |
| Position in the tower | Stack 06: units ending 06 share the same layout and view |
| Building | Paramount Tower Hotel & Residences by DAMAC Properties, handed over 2021 |
| Registered sales of this unit | 1 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 10 Feb 2022 | AED 1,100,000 | 518 sq ft | 2,124 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 4806 | 20 Mar 2025 | AED 3,573,500 | 1,586 sq ft | 2,253 | Resale |
| 6106 | 10 Feb 2025 | AED 3,000,000 | 1,584 sq ft | 1,894 | Resale |
| 4106 | 18 Mar 2024 | AED 3,835,200 | 1,586 sq ft | 2,418 | Resale |
| 3806 | 5 Feb 2024 | AED 2,750,000 | 1,586 sq ft | 1,734 | Resale |
| 5906 | 8 Dec 2023 | AED 3,000,000 | 1,584 sq ft | 1,894 | Resale |
| 2806 | 24 Nov 2023 | AED 2,300,000 | 1,321 sq ft | 1,741 | Resale |
| 2906 | 19 Oct 2023 | AED 2,300,000 | 1,321 sq ft | 1,741 | Resale |
| 4706 | 9 Oct 2023 | AED 3,300,000 | 1,586 sq ft | 2,081 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 2325 | 3 Jul 2026 | AED 777,215 | 477 sq ft | 1,629 | Resale |
| 1723 | 22 May 2026 | AED 960,367 | 627 sq ft | 1,532 | Resale |
| 1908 | 22 May 2026 | AED 830,484 | 520 sq ft | 1,597 | Resale |
| 2222 | 24 Feb 2026 | AED 1,295,000 | 520 sq ft | 2,490 | Resale |
| 1511 | 19 Feb 2026 | AED 821,443 | 520 sq ft | 1,580 | Resale |
| 2318 | 26 Dec 2025 | AED 630,000 | 520 sq ft | 1,212 | Resale |
| 1617 | 19 Nov 2025 | AED 804,775 | 520 sq ft | 1,548 | Resale |
| 2509 | 27 Oct 2025 | AED 932,000 | 520 sq ft | 1,792 | Resale |
We took the 9 sales in Paramount Tower Hotel & Residences in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 1,597). We multiplied it by the size of this unit (518 sq ft). The range uses the middle half of those sales (AED 1,548 to AED 1,792 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,319,328. Floor, view, condition and upgrades can move the price either way. Sales data to 15 Oct 2026, from the Dubai Land Department register.
About AED 827,000 (range AED 802,000 to AED 928,000), based on AED 1,597 per sq ft from registered sales up to 15 Oct 2026.
10 Feb 2022, for AED 1,100,000 (resale). It has 1 registered sale.
A studio in Paramount Tower Hotel & Residences rents for about AED 68,000 a year (median asking rent). That is a gross yield of 8.2% on the estimate.
Sales alert for Paramount Tower Hotel & ResidencesAll sales in Paramount Tower Hotel & Residences