Unit 1608 at Paramount Tower Hotel & Residences is a studio of 520 sq ft. It last sold for AED 1,100,000 on 17 Aug 2021. At AED 1,779 per sq ft, from 12 sales of units ending 08 (same position in the tower), it is worth about AED 925,000 today.
| Bedrooms | studio |
|---|---|
| Size | 520 sq ft |
| Floor | 16 (from the unit number) |
| Position in the tower | Stack 08: units ending 08 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 |
|---|---|---|---|---|
| 17 Aug 2021 | AED 1,100,000 | 520 sq ft | 2,115 | Off-plan |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 3908 | 15 Oct 2026 | AED 2,742,651 | 1,644 sq ft | 1,668 | Resale |
| 6008 | 9 Jun 2026 | AED 3,000,000 | 1,644 sq ft | 1,825 | Resale |
| 4108 | 5 Jun 2026 | AED 2,794,398 | 1,644 sq ft | 1,700 | Resale |
| 1908 | 22 May 2026 | AED 830,484 | 520 sq ft | 1,597 | Resale |
| 3808 | 22 Aug 2025 | AED 2,975,000 | 1,644 sq ft | 1,810 | Resale |
| 2508 | 18 Jul 2025 | AED 1,295,000 | 520 sq ft | 2,490 | Resale |
| 3908 | 17 Jul 2025 | AED 2,950,000 | 1,644 sq ft | 1,794 | Resale |
| 5208 | 9 Jun 2025 | AED 2,900,000 | 1,644 sq ft | 1,764 | 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 12 resale sales of units ending 08 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,779). We multiplied it by the size of this unit (520 sq ft). The range uses the middle half of those sales (AED 1,739 to AED 1,813 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,361,975. 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 925,000 (range AED 904,000 to AED 943,000), based on AED 1,779 per sq ft from registered sales up to 15 Oct 2026.
17 Aug 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 7.4% on the estimate.
Sales alert for Paramount Tower Hotel & ResidencesAll sales in Paramount Tower Hotel & Residences