Unit 1612 at Paramount Tower Hotel & Residences is a studio of 520 sq ft. It last sold for AED 880,000 on 3 Apr 2024. At AED 2,489 per sq ft, from 6 sales of units ending 12 (same position in the tower), it is worth about AED 1,294,000 today.
| Bedrooms | studio |
|---|---|
| Size | 520 sq ft |
| Floor | 16 (from the unit number) |
| Position in the tower | Stack 12: units ending 12 share the same layout and view |
| Building | Paramount Tower Hotel & Residences by DAMAC Properties, handed over 2021 |
| Registered sales of this unit | 2 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 3 Apr 2024 | AED 880,000 | 520 sq ft | 1,692 | Resale |
| 28 Mar 2022 | AED 1,111,620 | 520 sq ft | 2,138 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 6012 | 16 Feb 2026 | AED 1,700,000 | 683 sq ft | 2,489 | Resale |
| 4712 | 18 Jul 2025 | AED 2,000,000 | 681 sq ft | 2,937 | Resale |
| 2112 | 20 Jun 2025 | AED 840,000 | 520 sq ft | 1,615 | Resale |
| 5812 | 8 Apr 2025 | AED 1,700,000 | 683 sq ft | 2,489 | Resale |
| 5512 | 28 Mar 2025 | AED 1,700,000 | 681 sq ft | 2,496 | Resale |
| 5612 | 22 Oct 2024 | AED 1,400,000 | 680 sq ft | 2,059 | Resale |
| 5512 | 30 Aug 2024 | AED 1,200,000 | 681 sq ft | 1,762 | Resale |
| 4412 | 26 Apr 2024 | AED 1,600,000 | 681 sq ft | 2,349 | 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 6 resale sales of units ending 12 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,489). We multiplied it by the size of this unit (520 sq ft). The range uses the middle half of those sales (AED 2,166 to AED 2,495 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 909,052. 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 1,294,000 (range AED 1,127,000 to AED 1,297,000), based on AED 2,489 per sq ft from registered sales up to 15 Oct 2026.
3 Apr 2024, for AED 880,000 (resale). It has 2 registered sales.
A studio in Paramount Tower Hotel & Residences rents for about AED 68,000 a year (median asking rent). That is a gross yield of 5.3% on the estimate.
Sales alert for Paramount Tower Hotel & ResidencesAll sales in Paramount Tower Hotel & Residences