Unit 2202, Paramount Tower Hotel & Residences: what it sold for and what it is worth now

Unit 2202 at Paramount Tower Hotel & Residences is a 1 bed of 862 sq ft. It last sold for AED 1,538,000 on 14 Feb 2021. At AED 2,035 per sq ft, from 10 sales of units ending 02 (same position in the tower), it is worth about AED 1,754,000 today.

Value todayAED 1,754,000AED 1,661,000 to AED 1,868,000
Last saleAED 1,538,00014 Feb 2021 · Off-plan
Change since last sale+14.0% 
Rent (median asking, 1 bed)AED 115,000Gross yield 6.6%
Bedrooms1 bed
Size862 sq ft
Floor22 (from the unit number)
Position in the towerStack 02: units ending 02 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 2202

DatePriceSizeAED/sq ftType
14 Feb 2021AED 1,538,000862 sq ft1,784Off-plan

Units ending 02 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
41027 Sep 2026AED 2,350,0001,167 sq ft2,014Resale
45026 Feb 2026AED 3,029,0001,167 sq ft2,596Resale
35026 Jan 2026AED 2,550,0001,354 sq ft1,883Resale
45027 Nov 2025AED 2,600,0001,167 sq ft2,228Resale
28023 Sep 2025AED 2,600,0001,354 sq ft1,920Resale
57029 Jun 2025AED 2,080,000951 sq ft2,187Resale
49025 Feb 2025AED 2,400,0001,167 sq ft2,057Resale
280224 Dec 2024AED 2,000,0001,354 sq ft1,477Resale

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 10 resale sales of units ending 02 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,035). We multiplied it by the size of this unit (862 sq ft). The range uses the middle half of those sales (AED 1,926 to AED 2,167 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 2202 at Paramount Tower Hotel & Residences worth?

About AED 1,754,000 (range AED 1,661,000 to AED 1,868,000), based on AED 2,035 per sq ft from registered sales up to 15 Oct 2026.

When did unit 2202 last sell?

14 Feb 2021, for AED 1,538,000 (off-plan). It has 1 registered sale.

What rent can unit 2202 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 6.6% on the estimate.

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

Unit 2201 · Unit 2207