Unit 1809, Paramount Tower Hotel & Residences: what it sold for and what it is worth now

Unit 1809 at Paramount Tower Hotel & Residences is a studio of 520 sq ft. It last sold for AED 1,295,000 on 27 Apr 2022. At AED 1,962 per sq ft, from 8 sales of units ending 09 (same position in the tower), it is worth about AED 1,020,000 today.

Value todayAED 1,020,000AED 936,000 to AED 1,097,000
Last saleAED 1,295,00027 Apr 2022 · Resale
Change since last sale-21.2%Building trend alone: AED 1,507,155
Rent (median asking, studio)AED 68,000Gross yield 6.7%
Bedroomsstudio
Size520 sq ft
Floor18 (from the unit number)
Position in the towerStack 09: units ending 09 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 1809

DatePriceSizeAED/sq ftType
27 Apr 2022AED 1,295,000520 sq ft2,490Resale

Units ending 09 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
410912 Jan 2026AED 2,400,0001,221 sq ft1,966Resale
54097 Jan 2026AED 2,550,0001,221 sq ft2,088Resale
260919 Nov 2025AED 2,100,000965 sq ft2,176Resale
250927 Oct 2025AED 932,000520 sq ft1,792Resale
460921 Aug 2025AED 2,390,0001,221 sq ft1,957Resale
400924 Feb 2025AED 2,200,0001,221 sq ft1,802Resale
62096 Nov 2024AED 2,350,0001,316 sq ft1,786Resale
260931 Oct 2024AED 2,115,570965 sq ft2,192Resale

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 8 resale sales of units ending 09 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,962). We multiplied it by the size of this unit (520 sq ft). The range uses the middle half of those sales (AED 1,799 to AED 2,110 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,507,155. 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 1809 at Paramount Tower Hotel & Residences worth?

About AED 1,020,000 (range AED 936,000 to AED 1,097,000), based on AED 1,962 per sq ft from registered sales up to 15 Oct 2026.

When did unit 1809 last sell?

27 Apr 2022, for AED 1,295,000 (resale). It has 1 registered sale.

What rent can unit 1809 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 6.7% on the estimate.

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

Unit 1808 · Unit 1810