Unit 1725, Paramount Tower Hotel & Residences: what it sold for and what it is worth now

Unit 1725 at Paramount Tower Hotel & Residences is a studio of 477 sq ft. It last sold for AED 1,047,000 on 15 Mar 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 762,000 today.

Value todayAED 762,000AED 738,000 to AED 855,000
Last saleAED 1,047,00015 Mar 2022 · Resale
Change since last sale-27.2%Building trend alone: AED 1,176,788
Rent (median asking, studio)AED 68,000Gross yield 8.9%
Bedroomsstudio
Size477 sq ft
Floor17 (from the unit number)
Position in the towerStack 25: units ending 25 share the same layout and view
BuildingParamount Tower Hotel & Residences by DAMAC Properties, handed over 2021
Registered sales of this unit1

Every registered sale of unit 1725

DatePriceSizeAED/sq ftType
15 Mar 2022AED 1,047,000477 sq ft2,195Resale

Units ending 25 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
23253 Jul 2026AED 777,215477 sq ft1,629Resale
252520 Oct 2025AED 1,186,000477 sq ft2,486Resale
242512 Aug 2024AED 1,095,000477 sq ft2,296Resale
212510 Jan 2023AED 1,186,000477 sq ft2,486Resale
18256 Apr 2022AED 1,184,000477 sq ft2,482Resale
252531 Mar 2022AED 1,047,000477 sq ft2,195Resale
162516 Feb 2020AED 1,095,000476 sq ft2,300Off-plan

Latest studio sales in Paramount Tower Hotel & Residences

UnitDatePriceSizeAED/sq ftType
23253 Jul 2026AED 777,215477 sq ft1,629Resale
172322 May 2026AED 960,367627 sq ft1,532Resale
190822 May 2026AED 830,484520 sq ft1,597Resale
222224 Feb 2026AED 1,295,000520 sq ft2,490Resale
151119 Feb 2026AED 821,443520 sq ft1,580Resale
231826 Dec 2025AED 630,000520 sq ft1,212Resale
161719 Nov 2025AED 804,775520 sq ft1,548Resale
250927 Oct 2025AED 932,000520 sq ft1,792Resale

How we worked out the value

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 (477 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 1,176,788. Floor, view, condition and upgrades can move the price either way. Sales data to 15 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 1725 at Paramount Tower Hotel & Residences worth?

About AED 762,000 (range AED 738,000 to AED 855,000), based on AED 1,597 per sq ft from registered sales up to 15 Oct 2026.

When did unit 1725 last sell?

15 Mar 2022, for AED 1,047,000 (resale). It has 1 registered sale.

What rent can unit 1725 make?

A studio in Paramount Tower Hotel & Residences rents for about AED 68,000 a year (median asking rent). That is a gross yield of 8.9% on the estimate.

Sales alert for Paramount Tower Hotel & ResidencesAll sales in Paramount Tower Hotel & Residences

Unit 1724 · Unit 1726