Unit 2015, Paramount Tower Hotel & Residences: what it sold for and what it is worth now

Unit 2015 at Paramount Tower Hotel & Residences is a 1 bed of 1,052 sq ft. It last sold for AED 1,624,000 on 26 Jul 2022. 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 2,229,000 today.

Value todayAED 2,229,000AED 2,147,000 to AED 2,527,000
Last saleAED 1,624,00026 Jul 2022 · Resale
Change since last sale+37.3%Building trend alone: AED 1,814,577
Rent (median asking, 1 bed)AED 115,000Gross yield 5.2%
Bedrooms1 bed
Size1,052 sq ft
Floor20 (from the unit number)
Position in the towerStack 15: units ending 15 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 2015

DatePriceSizeAED/sq ftType
26 Jul 2022AED 1,624,0001,052 sq ft1,544Resale

Units ending 15 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
281519 Feb 2026AED 1,800,000898 sq ft2,004Resale
341511 Dec 2025AED 1,790,000898 sq ft1,993Resale
281514 May 2024AED 1,000,000898 sq ft1,114Resale
16153 May 2024AED 2,397,1201,052 sq ft2,279Resale
211516 Jan 2024AED 2,497,0001,052 sq ft2,374Resale
261516 Jan 2024AED 2,040,360898 sq ft2,272Resale
171510 Jan 2024AED 2,497,0001,052 sq ft2,374Resale
181510 Jan 2024AED 2,497,0001,052 sq ft2,374Resale

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 (1,052 sq ft). The range uses the middle half of those sales (AED 2,041 to AED 2,402 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,814,577. 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 2015 at Paramount Tower Hotel & Residences worth?

About AED 2,229,000 (range AED 2,147,000 to AED 2,527,000), based on AED 2,119 per sq ft from registered sales up to 15 Oct 2026.

When did unit 2015 last sell?

26 Jul 2022, for AED 1,624,000 (resale). It has 1 registered sale.

What rent can unit 2015 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 5.2% on the estimate.

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

Unit 2014 · Unit 2016