Unit 2001, Paramount Tower Hotel & Residences: what it sold for and what it is worth now

Unit 2001 at Paramount Tower Hotel & Residences is a 1 bed of 881 sq ft. It last sold for AED 1,257,606 on 17 Nov 2022. At AED 1,933 per sq ft, from 6 sales of units ending 01 (same position in the tower), it is worth about AED 1,703,000 today.

Value todayAED 1,703,000AED 1,683,000 to AED 1,710,000
Last saleAED 1,257,60617 Nov 2022 · Resale
Change since last sale+35.4%Building trend alone: AED 1,317,375
Rent (median asking, 1 bed)AED 115,000Gross yield 6.8%
Bedrooms1 bed
Size881 sq ft
Floor20 (from the unit number)
Position in the towerStack 01: units ending 01 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 2001

DatePriceSizeAED/sq ftType
17 Nov 2022AED 1,257,606881 sq ft1,427Resale

Units ending 01 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
580112 Dec 2025AED 2,600,0001,341 sq ft1,939Resale
620110 Nov 2025AED 2,250,0001,237 sq ft1,819Resale
26013 Jul 2025AED 1,675,000756 sq ft2,216Resale
560130 Jan 2025AED 2,600,0001,339 sq ft1,942Resale
440130 Dec 2024AED 2,550,0001,339 sq ft1,904Resale
460112 Dec 2024AED 2,580,0001,339 sq ft1,927Resale
570113 Aug 2024AED 2,300,0001,341 sq ft1,715Resale
39018 Jul 2024AED 2,400,0001,339 sq ft1,792Resale

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 6 resale sales of units ending 01 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,933). We multiplied it by the size of this unit (881 sq ft). The range uses the middle half of those sales (AED 1,910 to AED 1,941 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,317,375. 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 2001 at Paramount Tower Hotel & Residences worth?

About AED 1,703,000 (range AED 1,683,000 to AED 1,710,000), based on AED 1,933 per sq ft from registered sales up to 15 Oct 2026.

When did unit 2001 last sell?

17 Nov 2022, for AED 1,257,606 (resale). It has 1 registered sale.

What rent can unit 2001 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 6.8% on the estimate.

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

Unit 1927 · Unit 2002