Unit 1908, Paramount Tower Hotel & Residences: what it sold for and what it is worth now

Unit 1908 at Paramount Tower Hotel & Residences is a studio of 520 sq ft. It last sold for AED 830,484 on 22 May 2026. 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.

Value todayAED 925,000AED 904,000 to AED 943,000
Last saleAED 830,48422 May 2026 · Resale
Change since last sale+11.4%Building trend alone: AED 828,575
Rent (median asking, studio)AED 68,000Gross yield 7.4%
Bedroomsstudio
Size520 sq ft
Floor19 (from the unit number)
Position in the towerStack 08: units ending 08 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 1908

DatePriceSizeAED/sq ftType
22 May 2026AED 830,484520 sq ft1,597Resale

Units ending 08 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
390815 Oct 2026AED 2,742,6511,644 sq ft1,668Resale
60089 Jun 2026AED 3,000,0001,644 sq ft1,825Resale
41085 Jun 2026AED 2,794,3981,644 sq ft1,700Resale
380822 Aug 2025AED 2,975,0001,644 sq ft1,810Resale
250818 Jul 2025AED 1,295,000520 sq ft2,490Resale
390817 Jul 2025AED 2,950,0001,644 sq ft1,794Resale
52089 Jun 2025AED 2,900,0001,644 sq ft1,764Resale
440817 Mar 2025AED 2,950,0001,644 sq ft1,794Resale

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
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
252520 Oct 2025AED 1,186,000477 sq ft2,486Resale

How we worked out the value

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 828,575. 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 1908 at Paramount Tower Hotel & Residences worth?

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.

When did unit 1908 last sell?

22 May 2026, for AED 830,484 (resale). It has 1 registered sale.

What rent can unit 1908 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 7.4% on the estimate.

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

Unit 1906 · Unit 1909