Unit 1723 at Paramount Tower Hotel & Residences is a studio of 627 sq ft. It last sold for AED 960,367 on 22 May 2026. At AED 1,597 per sq ft, from 9 sales in the building in the last 12 months (studio), it is worth about AED 1,001,000 today.
| Bedrooms | studio |
|---|---|
| Size | 627 sq ft |
| Floor | 17 (from the unit number) |
| Position in the tower | Stack 23: units ending 23 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 |
|---|---|---|---|---|
| 22 May 2026 | AED 960,367 | 627 sq ft | 1,532 | Resale |
| 14 Dec 2022 | AED 1,562,000 | 627 sq ft | 2,491 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 2123 | 21 Dec 2023 | AED 2,035,000 | 627 sq ft | 3,246 | Resale |
| 1823 | 27 Feb 2023 | AED 1,562,000 | 627 sq ft | 2,491 | Resale |
| 2523 | 16 Aug 2022 | AED 1,562,000 | 627 sq ft | 2,491 | Resale |
| 2223 | 16 Aug 2022 | AED 1,562,000 | 627 sq ft | 2,491 | Resale |
| 2323 | 16 Aug 2022 | AED 1,562,000 | 627 sq ft | 2,491 | Resale |
| 2423 | 8 Aug 2022 | AED 1,128,000 | 627 sq ft | 1,799 | Resale |
| 1623 | 7 Jun 2020 | AED 1,455,000 | 627 sq ft | 2,321 | Off-plan |
| 2123 | 2 Jun 2020 | AED 1,236,750 | 627 sq ft | 1,972 | Off-plan |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 2325 | 3 Jul 2026 | AED 777,215 | 477 sq ft | 1,629 | 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 |
| 2525 | 20 Oct 2025 | AED 1,186,000 | 477 sq ft | 2,486 | 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 (627 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 958,160. 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 1,001,000 (range AED 970,000 to AED 1,124,000), based on AED 1,597 per sq ft from registered sales up to 15 Oct 2026.
22 May 2026, for AED 960,367 (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 6.8% on the estimate.
Sales alert for Paramount Tower Hotel & ResidencesAll sales in Paramount Tower Hotel & Residences