McCone Properties
WhatsApp
Menu

Building · Business Bay

Apartments for sale in Paramount Tower Hotel & Residences

4 on the market with McCone, AED 1.89M – 2.85M. 6 for rent →

Recorded rents and gross yield for Paramount Tower Hotel & Residences →

On the market · Paramount Tower Hotel & Residences

4 homes for sale

Type
Bedrooms
Price
Median sale price
AED 2.55M
28 sales · the last 12 months
Median per sq ft
AED 2,012
+3.6% on the year before
Against Business Bay
67 of 107
Community median AED 2,574 / sq ft
Sales on record
779
Since 2015

The recorded market

Price per square foot, by year

The median of every sale registered at the Dubai Land Department here. Not asking prices.

1,881
1,871
1,926
1,758
1,753
1,319
1,576
1,622
1,796
1,887
1,942
2,056
201520162017201820192020202120222023202420252026

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.

LayoutTypical sizeMedian pricePer sq ftSales
1 B/R898 sqft1,800,0002,13041
2 B/R1,288 sqft2,380,0001,86795
3 B/R1,644 sqft2,950,0001,79527

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.

DateLayoutSizePricePer sq ft
14 Aug 20262 B/R1,3642,725,0001,998
29 Jun 20262 B/R1,2902,655,0002,059
25 Jun 20262 B/R1,3643,200,0002,346
10 Jun 20263 B/R1,6443,000,0001,825
5 Jun 20263 B/R1,6442,794,3981,700
18 May 20261 B/R9742,000,0002,054
8 May 20261 B/R6811,650,0002,423
6 May 20262 B/R1,3642,800,0002,053
20 Feb 20261 B/R8981,800,0002,005
16 Feb 20261 B/R6831,700,0002,491
6 Feb 20262 B/R1,1673,029,0002,595
5 Feb 20262 B/R1,3242,500,0001,888

How often it trades

Sales per year

Off-plan sales dominate a building’s first years; resales take over after handover.Off-planResale

43
49
9
10
110
124
110
100
92
76
38
18
201520162017201820192020202120222023202420252026

Of the 779 sales on record, 435 were bought off-plan from the developer and 344 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 67th most expensive of the 107 Business Bay buildings with at least fifteen recorded sales in the last year. These are its immediate neighbours on price.

RankBuildingSales, 12 monthsMedian per sq ft
64VYB202,047
65Binghatti Canal302,043
66SLS Dubai Hotel & Residences362,026
67Paramount Tower Hotel & Residences282,012
68Marquise Square Tower231,993
69The Sterling West251,988
70Terraces Marasi Drive181,984

Business Bay as a whole: AED 2,574 a square foot across 7,516 sales in the last twelve months.

Where these numbers come from. Every figure on this page is drawn from the Dubai Land Department’s transaction register, read directly from the Dubai Data Exchange. It is what buyers actually paid, recorded at transfer — not asking prices, not valuations, not our own estimates. Mortgage registrations, gift transfers, rent-to-own contracts and developers’ own filings are all excluded; none of them is a price a buyer paid. Medians are used rather than averages so one unusual sale cannot move the number. Data through 2 Sept 2026.

Not seeing it in Paramount Tower Hotel & Residences? Ask us what is coming up — plenty never reaches the portals.

WhatsAppCall