Unit 2016 at Paramount Tower Hotel & Residences is a studio of 520 sq ft. It last sold for AED 1,293,000 on 14 Sep 2022. At AED 1,597 per sq ft, from 9 sales in the building in the last 12 months (studio), it is worth about AED 830,000 today.
| Bedrooms | studio |
|---|---|
| Size | 520 sq ft |
| Floor | 20 (from the unit number) |
| Position in the tower | Stack 16: units ending 16 share the same layout and view |
| Building | Paramount Tower Hotel & Residences by DAMAC Properties, handed over 2021 |
| Registered sales of this unit | 1 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 14 Sep 2022 | AED 1,293,000 | 520 sq ft | 2,487 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 1716 | 14 Feb 2023 | AED 1,295,000 | 520 sq ft | 2,490 | Resale |
| 1816 | 22 Sep 2022 | AED 1,293,000 | 520 sq ft | 2,487 | Resale |
| 1916 | 16 Aug 2022 | AED 1,293,000 | 520 sq ft | 2,487 | Resale |
| 2316 | 25 Jul 2022 | AED 829,080 | 520 sq ft | 1,594 | Resale |
| 2416 | 31 Mar 2022 | AED 1,144,000 | 520 sq ft | 2,200 | Resale |
| 2516 | 1 Mar 2022 | AED 1,144,000 | 520 sq ft | 2,200 | Resale |
| 2116 | 19 Sep 2021 | AED 1,098,000 | 520 sq ft | 2,112 | Off-plan |
| 1616 | 19 Feb 2020 | AED 1,206,000 | 520 sq ft | 2,319 | Off-plan |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 2325 | 3 Jul 2026 | AED 777,215 | 477 sq ft | 1,629 | Resale |
| 1723 | 22 May 2026 | AED 960,367 | 627 sq ft | 1,532 | Resale |
| 1908 | 22 May 2026 | AED 830,484 | 520 sq ft | 1,597 | Resale |
| 2222 | 24 Feb 2026 | AED 1,295,000 | 520 sq ft | 2,490 | Resale |
| 1511 | 19 Feb 2026 | AED 821,443 | 520 sq ft | 1,580 | Resale |
| 2318 | 26 Dec 2025 | AED 630,000 | 520 sq ft | 1,212 | Resale |
| 1617 | 19 Nov 2025 | AED 804,775 | 520 sq ft | 1,548 | Resale |
| 2509 | 27 Oct 2025 | AED 932,000 | 520 sq ft | 1,792 | Resale |
We took the 9 sales in Paramount Tower Hotel & Residences in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 1,597). We multiplied it by the size of this unit (520 sq ft). The range uses the middle half of those sales (AED 1,548 to AED 1,792 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,359,918. Floor, view, condition and upgrades can move the price either way. Sales data to 15 Oct 2026, from the Dubai Land Department register.
About AED 830,000 (range AED 805,000 to AED 932,000), based on AED 1,597 per sq ft from registered sales up to 15 Oct 2026.
14 Sep 2022, for AED 1,293,000 (resale). It has 1 registered sale.
A studio in Paramount Tower Hotel & Residences rents for about AED 68,000 a year (median asking rent). That is a gross yield of 8.2% on the estimate.
Sales alert for Paramount Tower Hotel & ResidencesAll sales in Paramount Tower Hotel & Residences