Unit 2811, Paramount Tower Hotel & Residences: what it sold for and what it is worth now

Unit 2811 at Paramount Tower Hotel & Residences is a 2 bed of 1,324 sq ft. It last sold for AED 1,767,780 on 12 Jan 2021. At AED 1,865 per sq ft, from 6 sales of units ending 11 (same position in the tower), it is worth about AED 2,469,000 today.

Value todayAED 2,469,000AED 2,284,000 to AED 2,590,000
Last saleAED 1,767,78012 Jan 2021 · Off-plan
Change since last sale+39.7% 
Rent (median asking, 2 bed)AED 160,000Gross yield 6.5%
Bedrooms2 bed
Size1,324 sq ft
Floor28 (from the unit number)
Position in the towerStack 11: units ending 11 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 2811

DatePriceSizeAED/sq ftType
12 Jan 2021AED 1,767,7801,324 sq ft1,335Off-plan

Units ending 11 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
411129 Jun 2026AED 2,655,0001,290 sq ft2,058Resale
151119 Feb 2026AED 821,443520 sq ft1,580Resale
26115 Feb 2026AED 2,500,0001,324 sq ft1,888Resale
251115 Aug 2025AED 1,029,000520 sq ft1,979Resale
481123 Jun 2025AED 2,175,0001,290 sq ft1,686Resale
411113 Nov 2024AED 2,375,0001,290 sq ft1,841Resale
291116 Sep 2024AED 2,250,0001,324 sq ft1,699Resale
531111 Jun 2024AED 2,000,0001,290 sq ft1,550Resale

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 6 resale sales of units ending 11 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,865). We multiplied it by the size of this unit (1,324 sq ft). The range uses the middle half of those sales (AED 1,725 to AED 1,956 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 2811 at Paramount Tower Hotel & Residences worth?

About AED 2,469,000 (range AED 2,284,000 to AED 2,590,000), based on AED 1,865 per sq ft from registered sales up to 15 Oct 2026.

When did unit 2811 last sell?

12 Jan 2021, for AED 1,767,780 (off-plan). It has 1 registered sale.

What rent can unit 2811 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 6.5% on the estimate.

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

Unit 2810 · Unit 2812