Register check · PARAMOUNT TOWER HOTEL & RESIDENCES · Business Bay
What does an apartment in PARAMOUNT TOWER HOTEL & RESIDENCES actually cost?
On the resale market the median of registered prices was most recently around AED 1,835,000 for a 1-bedroom (about AED 2,244 per sqft) and around AED 2,200,000 for a 2-bedroom (about AED 1,742 per sqft). These are actually registered sales, not asking prices.
Source: DLD transaction register, anonymised, analysed by The Access House. As of 18.09.2026. 1214 registered transactions since 25.06.2014.
The registered prices in detail
| Type | Sales | Median price | Median AED/sqft | Areas (sqft) |
|---|---|---|---|---|
| Studio | 105 | 1,146,000 AED | 2,203 | 466 to 627 |
| 1 bedroom | 130 | 1,835,000 AED | 2,244 | 679 to 1,120 |
| 2 bedrooms | 226 | 2,200,000 AED | 1,742 | 583 to 1,415 |
| 3 bedrooms | 56 | 2,875,000 AED | 1,770 | 822 to 1,900 |
Only genuine transfers (procedure Sell, Sale, Delayed Sell). Mortgages and grants are excluded.
| Type | Sales | Median price | Median AED/sqft |
|---|---|---|---|
| Studio | 112 | 1,196,000 AED | 2,302 |
| 1 bedroom | 99 | 1,428,682 AED | 1,765 |
| 2 bedrooms | 276 | 2,016,790 AED | 1,608 |
| 3 bedrooms | 66 | 2,771,440 AED | 1,710 |
Off-plan also includes early, cheaper launch prices. That is why completed resale can trade above the off-plan median per sqft.
Last registered sale
07.09.2026: a 2 bedrooms, around 1,167 sqft, at AED 2,350,000. That is AED 2,014 per sqft.
Rental yield, gross
| Type | Rent p.a. | Purchase price (resale) | Gross |
|---|---|---|---|
| 1 bedroom | 120,000 AED | 1,835,000 AED | 6.5 % |
| 2 bedrooms | 165,000 AED | 2,200,000 AED | 7.5 % |
| 3 bedrooms | 235,320 AED | 2,875,000 AED | 8.2 % |
What the numbers say, and what they do not
- The register knows no condition. Whether a unit is renovated, high floor or with a view is not in it. The range within one type shows that, not the median.
- The yield is gross. Service charge, vacancy and management lower the net yield, which we calculate case by case.
- Resale and off-plan are shown separately. A portal listing is almost always resale, so the fair comparison is the upper table.
Have a concrete offer in PARAMOUNT TOWER HOTEL & RESIDENCES?
Send it to us. We tell you where the asking price stands against the latest registered sales in the same building, in percent, with the date, without glossing over it.