AED 194,999/ year
Top Floor | Furnished | Genuine Listing
Paramount Tower Hotel & Residences · 3 bed · 3 bath · 1,644 sqft
Building · Business Bay
Apartments for rent in Paramount Tower Hotel & Residences
5 on the market with McCone, AED 130K – 195K / year. 4 for sale →
On the market · Paramount Tower Hotel & Residences
5 homes for rent
Type
Bedrooms
Rent · year
AED 190,000/ year
Burj View | High Floor | Short Term Options
Paramount Tower Hotel & Residences · 2 bed · 2 bath · 1,340 sqft
AED 148,500/ year
Burj View | Spacious | Best Price
Paramount Tower Hotel & Residences · 2 bed · 2 bath · 1,121 sqft
AED 140,000/ year
Genuine Listing | Furnished | 12 Cheques
Paramount Tower Hotel & Residences · 1 bed · 2 bath · 968 sqft
AED 129,990/ year
High Floor | Vacant | Spacious Layout
Paramount Tower Hotel & Residences · 2 bed · 2 bath · 1,414 sqft
Recorded rent per sq ft
AED 136
a year · 278 contracts here, 12 months
Gross yield
7.2%
2 B/R · its own rents over its own sale prices
Recorded sale price
AED 2,012
per sq ft · 779 sales on record
Handed over
2022
Derived from the register
Recorded rents
What Paramount Tower Hotel & Residences rents for, by layout
Tenancies registered with Ejari that name Paramount Tower Hotel & Residences, last twelve months. Annual rents, medians.
| Layout | Typical size | Median rent | Per sq ft / year | Contracts |
|---|---|---|---|---|
| 1 B/R | 690 sqft | 120,000 | 149 | 66 |
| 2 B/R | 1,288 sqft | 170,000 | 134 | 177 |
| 3 B/R | 1,644 sqft | 220,000 | 134 | 31 |
Layouts with fewer than five contracts in the year are left out. 842 contracts name this building on the register since 2023.
For comparison
Recorded rents in Business Bay
How Paramount Tower Hotel & Residences sits against its community. The full Business Bay rental report →
| Layout | Median rent | New lease | Renewal | Per sq ft / year | Contracts |
|---|---|---|---|---|---|
| Studio | 66,000 | 69,000 | 63,058 | 140 | 4,132 |
| 1 B/R | 87,000 | 90,000 | 82,000 | 116 | 7,325 |
| 2 B/R | 125,000 | 136,250 | 115,000 | 97 | 4,568 |
| 3 B/R | 170,000 | 185,000 | 160,719 | 88 | 1,330 |
| 4 B/R | 300,000 | 300,000 | 300,000 | 84 | 109 |
Rent against price
Gross yield in Paramount Tower Hotel & Residences
This building's own recorded rent per square foot a year over its own recorded resale price per square foot, layout by layout.
| Layout | Rent / sq ft / year | Rent from | Sale / sq ft | Gross yield |
|---|---|---|---|---|
| 3 B/R | 134 | This building · 31 | 1,795 | 7.5% |
| 2 B/R | 134 | This building · 177 | 1,867 | 7.2% |
| 1 B/R | 149 | This building · 66 | 2,130 | 7% |
Gross: before service charges, agency fees and any months empty between tenants. The sale side is completed homes sold here in the last three years, five or more of a layout.
Every tenancy, as registered
Recent contracts in Paramount Tower Hotel & Residences
The latest tenancies registered with Ejari naming this building, newest first.
| Start | Layout | Size | Annual rent | Type |
|---|---|---|---|---|
| 1 Sept 2026 | 2 B/R | 1,324 | 120,000 | New lease |
| 1 Sept 2026 | 1 B/R | 974 | 105,000 | New lease |
| 26 Aug 2026 | 1 B/R | 679 | 105,000 | New lease |
| 25 Aug 2026 | 2 B/R | 1,167 | 140,000 | New lease |
| 22 Aug 2026 | 3 B/R | 1,584 | 225,000 | New lease |
| 19 Aug 2026 | 1 B/R | 683 | 112,500 | Renewal |
| 18 Aug 2026 | 2 B/R | 1,316 | 150,000 | New lease |
| 15 Aug 2026 | 2 B/R | 1,288 | 149,000 | New lease |
| 15 Aug 2026 | 2 B/R | 1,415 | 127,050 | Renewal |
| 15 Aug 2026 | 1 B/R | 681 | 95,000 | New lease |
| 15 Aug 2026 | 2 B/R | 1,248 | 125,000 | New lease |
| 15 Aug 2026 | 2 B/R | 1,121 | 170,000 | New lease |
How often it lets
Contracts per year
New tenancies and renewals naming Paramount Tower Hotel & Residences, stacked.New leaseRenewal
104
286
289
163
2023202420252026
163 contracts in 2026 so far. The 2026 bar is part-year.
For rent nearby · Business Bay
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Luxury Penthouse | Burj View | Huge Layout
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AED 1,000,000/ year
Branded | Best Price | Full Canal View
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AED 780,000/ year
Area Expert | Ultra-Luxury Living | Canal View
Jumeirah Living Business Bay · 3 bed · 5 bath · 3,372 sqft
AED 500,000/ year
Ultra Luxury | Canal View | 2BR + Maids
Jumeirah Living Business Bay · 2 bed · 4 bath · 2,113 sqft
AED 500,000/ year
Fully Fitted | Vacant Now | Near Metro | Spacious
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Where these numbers come from. Every rent on this page is a tenancy contract registered with Ejari, the Dubai Land Department’s rental register, read directly from the Dubai Data Exchange. It is what tenants actually agreed to pay — not asking rents, not our own estimates. Homes only: offices, shops, labour accommodation and whole-building leases are excluded, as are contracts covering several properties at one price and the register’s own typing errors. The register records the area a home sits in and, on about a quarter of contracts, the project — never the building on its own — so a community’s figures are its DLD area’s, and a building’s are its own only where the register names it. Medians are used rather than averages so one unusual contract cannot move the number. Data through 4 Sept 2026.