Unit 1927, Paramount Tower Hotel & Residences: what it sold for and what it is worth now

Unit 1927 at Paramount Tower Hotel & Residences is a 1 bed of 843 sq ft. It last sold for AED 1,857,000 on 15 Jan 2020. At AED 2,119 per sq ft, from 8 sales in the building in the last 12 months (1 bed), it is worth about AED 1,786,000 today.

Value todayAED 1,786,000AED 1,721,000 to AED 2,025,000
Last saleAED 1,857,00015 Jan 2020 · Off-plan
Change since last sale-3.8% 
Rent (median asking, 1 bed)AED 115,000Gross yield 6.4%
Bedrooms1 bed
Size843 sq ft
Floor19 (from the unit number)
Position in the towerStack 27: units ending 27 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 1927

DatePriceSizeAED/sq ftType
15 Jan 2020AED 1,857,000843 sq ft2,203Off-plan

Units ending 27 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
182716 Jun 2026AED 2,018,990843 sq ft2,395Resale
242728 Feb 2024AED 1,999,000843 sq ft2,371Resale
162729 Aug 2022AED 2,001,000843 sq ft2,374Resale
232723 Aug 2022AED 2,001,000843 sq ft2,374Resale
172720 Aug 2022AED 2,001,000843 sq ft2,374Resale
182725 May 2022AED 2,001,000843 sq ft2,374Resale
252716 Aug 2021AED 1,697,000843 sq ft2,013Off-plan

Latest 1 bed sales in Paramount Tower Hotel & Residences

UnitDatePriceSizeAED/sq ftType
551315 Oct 2026AED 1,400,000679 sq ft2,062Resale
182716 Jun 2026AED 2,018,990843 sq ft2,395Resale
351018 May 2026AED 2,000,000974 sq ft2,053Resale
60138 May 2026AED 1,650,000681 sq ft2,423Resale
281519 Feb 2026AED 1,800,000898 sq ft2,004Resale
601216 Feb 2026AED 1,700,000683 sq ft2,489Resale
341511 Dec 2025AED 1,790,000898 sq ft1,993Resale
260919 Nov 2025AED 2,100,000965 sq ft2,176Resale

How we worked out the value

We took the 8 sales in Paramount Tower Hotel & Residences in the last 12 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 2,119). We multiplied it by the size of this unit (843 sq ft). The range uses the middle half of those sales (AED 2,041 to AED 2,402 per sq ft). 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 1927 at Paramount Tower Hotel & Residences worth?

About AED 1,786,000 (range AED 1,721,000 to AED 2,025,000), based on AED 2,119 per sq ft from registered sales up to 15 Oct 2026.

When did unit 1927 last sell?

15 Jan 2020, for AED 1,857,000 (off-plan). It has 1 registered sale.

What rent can unit 1927 make?

A 1 bed in Paramount Tower Hotel & Residences rents for about AED 115,000 a year (median asking rent). That is a gross yield of 6.4% on the estimate.

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

Unit 1926 · Unit 2001