Unit 1607 at Paramount Tower Hotel & Residences is a studio of 517 sq ft. It last sold for AED 1,100,000 on 13 Sep 2021. At AED 1,998 per sq ft, from 7 sales of units ending 07 (same position in the tower), it is worth about AED 1,033,000 today.
| Bedrooms | studio |
|---|---|
| Size | 517 sq ft |
| Floor | 16 (from the unit number) |
| Position in the tower | Stack 07: units ending 07 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 |
|---|---|---|---|---|
| 13 Sep 2021 | AED 1,100,000 | 517 sq ft | 2,128 | Off-plan |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 2907 | 13 Aug 2026 | AED 2,725,000 | 1,364 sq ft | 1,998 | Resale |
| 3507 | 25 Jun 2026 | AED 3,200,000 | 1,364 sq ft | 2,346 | Resale |
| 2807 | 6 May 2026 | AED 2,800,000 | 1,364 sq ft | 2,053 | Resale |
| 4007 | 5 Jan 2026 | AED 3,490,000 | 1,645 sq ft | 2,122 | Resale |
| 2607 | 29 May 2025 | AED 2,400,000 | 1,364 sq ft | 1,760 | Resale |
| 1807 | 29 May 2025 | AED 836,000 | 520 sq ft | 1,608 | Resale |
| 3607 | 20 Mar 2025 | AED 1,600,000 | 968 sq ft | 1,653 | Resale |
| 2707 | 28 May 2024 | AED 2,370,000 | 1,364 sq ft | 1,738 | 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 7 resale sales of units ending 07 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,998). We multiplied it by the size of this unit (517 sq ft). The range uses the middle half of those sales (AED 1,706 to AED 2,087 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,345,095. 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 1,033,000 (range AED 882,000 to AED 1,079,000), based on AED 1,998 per sq ft from registered sales up to 15 Oct 2026.
13 Sep 2021, for AED 1,100,000 (off-plan). 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 6.6% on the estimate.
Sales alert for Paramount Tower Hotel & ResidencesAll sales in Paramount Tower Hotel & Residences