Paramount Tower Hotel & Residences
What people actually paid in Paramount Tower Hotel & Residences: the sales registered at the Dubai Land Department, not asking prices. Understand the numbers before you buy.
782 sales are on record at the Dubai Land Department, below. 3 for rent →
Your agent in Business Bay
Sales
Buying in Paramount Tower Hotel & Residences? Leojo can walk you through what these numbers mean for you.
Leojo is marketing 8 homes for sale in Business Bay right now.
- Community
- Business Bay
- Nearest metro
- Business Bay Metro Station — as the Dubai Land Department files it; every building beside it, and what each sold for
- Brand
- Paramount — resold at AED 1,981 a sq ft, 8% above the rest of its community; branded residences in Dubai
- Handed over
- 2022 — the first year resales of completed homes appear in numbers on the register, not the developer’s date
- First on record
- 2015 — an off-plan sale
- Sales on record
- 782 — registered at the Dubai Land Department, the latest October 2026
- Off-plan share
- 56% — 435 bought off-plan from the developer, 347 resales of a completed home
Recorded rents and gross yield for Paramount Tower Hotel & Residences →
The recorded market
Price per square foot, by year
The median of every sale registered at the Dubai Land Department here. Not asking prices.
The low was 2020 at AED 1,319 a square foot, and it has recovered 56% since.
What sells here
By size
Registered sales in the last three years. Sizes are the registered floor area.
| Layout | Typical size | Median price | Mean price | Per sq ft | Sales |
|---|---|---|---|---|---|
| 1 B/R | 898 sqft | 1,800,000 | 1,780,369 | 2,130 | 41 |
| 2 B/R | 1,288 sqft | 2,390,000 | 2,354,841 | 1,883 | 91 |
| 3 B/R | 1,644 sqft | 2,950,000 | 2,957,221 | 1,795 | 23 |
Layouts that have sold fewer than five times in three years are left out — too few to quote a median, so we do not guess at one.
Every sale, as registered
Recent sales in Paramount Tower Hotel & Residences
The last transfers recorded at the Dubai Land Department, newest first.
| Date | Layout | Size | Price | Per sq ft |
|---|---|---|---|---|
| 15 Oct 2026 | 1 B/R | 679 | 1,400,000 | 2,062 |
| 15 Oct 2026 | 3 B/R | 1,644 | 2,742,651 | 1,669 |
| 7 Sept 2026 | 2 B/R | 1,167 | 2,350,000 | 2,014 |
| 14 Aug 2026 | 2 B/R | 1,364 | 2,725,000 | 1,998 |
| 29 Jun 2026 | 2 B/R | 1,290 | 2,655,000 | 2,059 |
| 25 Jun 2026 | 2 B/R | 1,364 | 3,200,000 | 2,346 |
| 10 Jun 2026 | 3 B/R | 1,644 | 3,000,000 | 1,825 |
| 5 Jun 2026 | 3 B/R | 1,644 | 2,794,398 | 1,700 |
| 18 May 2026 | 1 B/R | 974 | 2,000,000 | 2,054 |
| 8 May 2026 | 1 B/R | 681 | 1,650,000 | 2,423 |
| 6 May 2026 | 2 B/R | 1,364 | 2,800,000 | 2,053 |
| 20 Feb 2026 | 1 B/R | 898 | 1,800,000 | 2,005 |
How often it trades
Sales per year
Off-plan sales dominate a building’s first years; resales take over after handover.Off-planResale
Of the 782 sales on record, 435 were bought off-plan from the developer and 347 were resales of a finished home. The changeover in 2022 is the handover. The 2026 bar is part-year.
In context
Where it sits in Business Bay
Paramount Tower Hotel & Residences is the 61st most expensive of the 100 Business Bay buildings with at least fifteen recorded sales in the last year. These are its immediate neighbours on price.
| Rank | Building | Sales, 12 months | Median per sq ft |
|---|---|---|---|
| 58 | Zada Tower | 52 | 2,112 |
| 59 | Vera Residences | 22 | 2,103 |
| 60 | Canal Bay | 51 | 2,064 |
| 61 | Paramount Tower Hotel & Residences | 28 | 2,036 |
| 62 | Binghatti Canal | 29 | 2,026 |
| 63 | VYB | 19 | 2,024 |
| 64 | Reva Residences | 37 | 2,019 |
Business Bay as a whole: AED 2,500 a square foot across 6,232 sales in the last twelve months.
Where the market is moving
The busiest buildings in Business Bay
Paramount Tower Hotel & Residences sold 4 completed homes in the ninety days to 19 Oct 2026, below the five-sale floor to rank. These are the five busiest buildings in Business Bay.
| Rank | Building | Sales, 90 days | Against its usual pace |
|---|---|---|---|
| 1 | Peninsula Four | 57 | New to resale |
| 2 | Regalia By Deyaar | 37 | New to resale |
| 3 | Peninsula Three | 32 | 1.2× |
| 4 | Peninsula Two | 22 | 5.9× |
| 5 | Aykon City Tower C | 18 | 1.0× |
Completed homes only, by the date the Dubai Land Department registered the transfer — the ninety days to 19 Oct 2026. Buildings with fewer than five sales in the window are not ranked. The ten busiest in Business Bay, with pace against each building’s own year before.
Nearby
What else to look at in Business Bay
The buildings this one sits between on recorded price per square foot, and the newest to start trading. Every one has its own page of registered prices.
| Building | Recorded sales | First traded | Median per sq ft |
|---|---|---|---|
| Sobha Skyparksnewest | 83 | 2026 | 4,250 |
| Avarra by Palacenewest | 156 | 2026 | 3,490 |
| Damac Towers by Paramount Tower D | 565 | 2013 | 1,778 |
| Damac Maison The Vogue | 402 | 2009 | 1,761 |
| Royal Regency Suites Tower Two | 55 | 2024 | 1,734 |
| Reva Residences | 956 | 2018 | 1,725 |
| Binghatti Canal | 429 | 2022 | 1,714 |
| The Paragon by IGO | 446 | 2022 | 1,712 |
| J One - 2 | 112 | 2021 | 1,682 |
| SOL Bay | 315 | 2020 | 1,680 |
Medians over each building’s whole recorded history at the Dubai Land Department, so a tower that has not traded lately is still here — this is what to look at next, not what the market is doing this month. Buildings with fewer than five recorded sales are left out. “First traded” is the year the register first saw a sale in the building, which for a new tower is close to its handover.
Buying in Paramount Tower Hotel & Residences? The cost of buying, the title deed, the service charges and buying as a foreigner, explained.