Unit 2424 at Paramount Tower Hotel & Residences is a 1 bed of 1,049 sq ft. It last sold for AED 1,499,550 on 17 Nov 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 2,223,000 today.
| Bedrooms | 1 bed |
|---|---|
| Size | 1,049 sq ft |
| Floor | 24 (from the unit number) |
| Position in the tower | Stack 24: units ending 24 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 |
|---|---|---|---|---|
| 17 Nov 2022 | AED 1,499,550 | 1,049 sq ft | 1,430 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 1724 | 24 Feb 2025 | AED 2,489,000 | 1,049 sq ft | 2,373 | Resale |
| 1824 | 2 Oct 2024 | AED 2,489,000 | 1,049 sq ft | 2,373 | Resale |
| 2124 | 10 Jul 2024 | AED 2,439,220 | 1,049 sq ft | 2,325 | Resale |
| 2224 | 9 May 2024 | AED 2,439,220 | 1,049 sq ft | 2,325 | Resale |
| 1624 | 6 May 2024 | AED 2,486,000 | 1,049 sq ft | 2,370 | Resale |
| 2324 | 16 Jan 2024 | AED 2,439,220 | 1,049 sq ft | 2,325 | Resale |
| 2524 | 31 Jan 2023 | AED 1,626,000 | 1,049 sq ft | 1,550 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 5513 | 15 Oct 2026 | AED 1,400,000 | 679 sq ft | 2,062 | Resale |
| 1827 | 16 Jun 2026 | AED 2,018,990 | 843 sq ft | 2,395 | Resale |
| 3510 | 18 May 2026 | AED 2,000,000 | 974 sq ft | 2,053 | Resale |
| 6013 | 8 May 2026 | AED 1,650,000 | 681 sq ft | 2,423 | Resale |
| 2815 | 19 Feb 2026 | AED 1,800,000 | 898 sq ft | 2,004 | Resale |
| 6012 | 16 Feb 2026 | AED 1,700,000 | 683 sq ft | 2,489 | Resale |
| 3415 | 11 Dec 2025 | AED 1,790,000 | 898 sq ft | 1,993 | Resale |
| 2609 | 19 Nov 2025 | AED 2,100,000 | 965 sq ft | 2,176 | Resale |
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 (1,049 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 1,570,818. 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 2,223,000 (range AED 2,141,000 to AED 2,520,000), based on AED 2,119 per sq ft from registered sales up to 15 Oct 2026.
17 Nov 2022, for AED 1,499,550 (resale). It has 1 registered sale.
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