Unit 2707, Paramount Tower Hotel & Residences: what it sold for and what it is worth now

Unit 2707 at Paramount Tower Hotel & Residences is a 2 bed of 1,364 sq ft. It last sold for AED 2,370,000 on 28 May 2024. At AED 1,998 per sq ft, from 7 sales of units ending 07 (same position in the tower), it is worth about AED 2,725,000 today.

Value todayAED 2,725,000AED 2,327,000 to AED 2,847,000
Last saleAED 2,370,00028 May 2024 · Resale
Change since last sale+15.0%Building trend alone: AED 2,447,795
Rent (median asking, 2 bed)AED 160,000Gross yield 5.9%
Bedrooms2 bed
Size1,364 sq ft
Floor27 (from the unit number)
Position in the towerStack 07: units ending 07 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 2707

DatePriceSizeAED/sq ftType
28 May 2024AED 2,370,0001,364 sq ft1,738Resale

Units ending 07 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
290713 Aug 2026AED 2,725,0001,364 sq ft1,998Resale
350725 Jun 2026AED 3,200,0001,364 sq ft2,346Resale
28076 May 2026AED 2,800,0001,364 sq ft2,053Resale
40075 Jan 2026AED 3,490,0001,645 sq ft2,122Resale
260729 May 2025AED 2,400,0001,364 sq ft1,760Resale
180729 May 2025AED 836,000520 sq ft1,608Resale
360720 Mar 2025AED 1,600,000968 sq ft1,653Resale
560727 May 2024AED 2,299,4341,176 sq ft1,955Resale

Latest 2 bed sales in Paramount Tower Hotel & Residences

UnitDatePriceSizeAED/sq ftType
41027 Sep 2026AED 2,350,0001,167 sq ft2,014Resale
290713 Aug 2026AED 2,725,0001,364 sq ft1,998Resale
411129 Jun 2026AED 2,655,0001,290 sq ft2,058Resale
350725 Jun 2026AED 3,200,0001,364 sq ft2,346Resale
28076 May 2026AED 2,800,0001,364 sq ft2,053Resale
45026 Feb 2026AED 3,029,0001,167 sq ft2,596Resale
26115 Feb 2026AED 2,500,0001,324 sq ft1,888Resale
511029 Jan 2026AED 2,450,0001,186 sq ft2,066Resale

How we worked out the value

We took the 7 resale sales of units ending 07 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,998). We multiplied it by the size of this unit (1,364 sq ft). The range uses the middle half of those sales (AED 1,706 to AED 2,087 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 2,447,795. 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 2707 at Paramount Tower Hotel & Residences worth?

About AED 2,725,000 (range AED 2,327,000 to AED 2,847,000), based on AED 1,998 per sq ft from registered sales up to 15 Oct 2026.

When did unit 2707 last sell?

28 May 2024, for AED 2,370,000 (resale). It has 1 registered sale.

What rent can unit 2707 make?

A 2 bed in Paramount Tower Hotel & Residences rents for about AED 160,000 a year (median asking rent). That is a gross yield of 5.9% on the estimate.

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

Unit 2706 · Unit 2709