Unit 6212, Paramount Tower Hotel & Residences: what it sold for and what it is worth now

Unit 6212 at Paramount Tower Hotel & Residences is a 1 bed of 682 sq ft. It last sold for AED 1,700,000 on 25 Jan 2024. At AED 2,489 per sq ft, from 6 sales of units ending 12 (same position in the tower), it is worth about AED 1,698,000 today.

Value todayAED 1,698,000AED 1,477,000 to AED 1,701,000
Last saleAED 1,700,00025 Jan 2024 · Resale
Change since last sale-0.1%Building trend alone: AED 1,806,761
Rent (median asking, 1 bed)AED 115,000Gross yield 6.8%
Bedrooms1 bed
Size682 sq ft
Floor62 (from the unit number)
Position in the towerStack 12: units ending 12 share the same layout and view
BuildingParamount Tower Hotel & Residences by DAMAC Properties, handed over 2021
Registered sales of this unit2

Every registered sale of unit 6212

DatePriceSizeAED/sq ftType
25 Jan 2024AED 1,700,000682 sq ft2,493Resale
28 May 2020AED 1,288,000682 sq ft1,889Off-plan

Units ending 12 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
601216 Feb 2026AED 1,700,000683 sq ft2,489Resale
471218 Jul 2025AED 2,000,000681 sq ft2,937Resale
211220 Jun 2025AED 840,000520 sq ft1,615Resale
58128 Apr 2025AED 1,700,000683 sq ft2,489Resale
551228 Mar 2025AED 1,700,000681 sq ft2,496Resale
561222 Oct 2024AED 1,400,000680 sq ft2,059Resale
551230 Aug 2024AED 1,200,000681 sq ft1,762Resale
441226 Apr 2024AED 1,600,000681 sq ft2,349Resale

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 6 resale sales of units ending 12 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,489). We multiplied it by the size of this unit (682 sq ft). The range uses the middle half of those sales (AED 2,166 to AED 2,495 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,806,761. 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 6212 at Paramount Tower Hotel & Residences worth?

About AED 1,698,000 (range AED 1,477,000 to AED 1,701,000), based on AED 2,489 per sq ft from registered sales up to 15 Oct 2026.

When did unit 6212 last sell?

25 Jan 2024, for AED 1,700,000 (resale). It has 2 registered sales.

What rent can unit 6212 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 6.8% on the estimate.

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

Unit 6211 · Unit 6213