Unit 2714, Paramount Tower Hotel & Residences: what it sold for and what it is worth now

Unit 2714 at Paramount Tower Hotel & Residences is a 2 bed of 1,328 sq ft. It last sold for AED 1,634,570 on 29 Apr 2020. At AED 2,019 per sq ft, from 17 sales in the building in the last 12 months (2 bed), it is worth about AED 2,681,000 today.

Value todayAED 2,681,000AED 2,575,000 to AED 2,743,000
Last saleAED 1,634,57029 Apr 2020 · Off-plan
Change since last sale+64.0% 
Rent (median asking, 2 bed)AED 160,000Gross yield 6.0%
Bedrooms2 bed
Size1,328 sq ft
Floor27 (from the unit number)
Position in the towerStack 14: units ending 14 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 2714

DatePriceSizeAED/sq ftType
29 Apr 2020AED 1,634,5701,328 sq ft1,231Off-plan

Units ending 14 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
31148 Sep 2025AED 2,400,0001,328 sq ft1,807Resale
281412 Jul 2024AED 2,100,0001,328 sq ft1,581Resale
301425 Apr 2024AED 2,150,0001,328 sq ft1,619Resale
331427 Dec 2023AED 2,410,0001,328 sq ft1,815Resale
30147 Nov 2023AED 1,900,0001,328 sq ft1,431Resale
201411 Oct 2023AED 3,058,0001,356 sq ft2,255Resale
241422 Feb 2023AED 3,058,0001,356 sq ft2,255Resale
251417 Nov 2022AED 1,937,6241,356 sq ft1,429Resale

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 17 sales in Paramount Tower Hotel & Residences in the last 12 months (2 bed), worked out the price per sq ft of each, and used the middle value (AED 2,019). We multiplied it by the size of this unit (1,328 sq ft). The range uses the middle half of those sales (AED 1,939 to AED 2,066 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 2714 at Paramount Tower Hotel & Residences worth?

About AED 2,681,000 (range AED 2,575,000 to AED 2,743,000), based on AED 2,019 per sq ft from registered sales up to 15 Oct 2026.

When did unit 2714 last sell?

29 Apr 2020, for AED 1,634,570 (off-plan). It has 1 registered sale.

What rent can unit 2714 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 6.0% on the estimate.

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

Unit 2713 · Unit 2715