Business Bay · Ready · 60% of recent sales are 2-bedrooms

Paramount Tower Hotel and ResidencesWhat it sells and rents for

2-bedrooms resell for about AED 2.4M and rent for AED 149k a year.

This page uses all 136 sales since January 2024, because the 12 months to 3 Nov 2026 hold 27.

At a glance

Updated with deals to 3 Nov 2026
Sells forAED 2.4Mfor a typical 2-bedroom

From 79 resales since January 2024.

Rents forAED 149ka year, new 2-bedroom lease

From 41 new leases in the last 3 months. Renewing tenants pay about AED 153k.

Earns6.2%a year, as a share of the price
Paramount Tower Hotel and Residences
Business Bay

More than 2-bedrooms across Business Bay, at 5.7%.

What brings you here?

Apartment type

Prices and rents at Paramount Tower Hotel and Residences

What should you pay for a 2-bedroom?

AED 2.4M

That's the typical price. 40 of the 79 2-bedrooms resold here since January 2024 went for AED 2.26M to AED 2.5M. Got an asking price? Enter it below to see how it compares.

Each dot is about 2 real sales here since January 2024.

What should you offer first?

AED 2.26M

20 of the 79 2-bedrooms resold here since January 2024 went for this or less. Start here and leave room to move.

  • Across Business Bay664 recent resalesDown 8%

What will it really cost you?

Based on the typical 2-bedroom here at AED 2.4M, and renting a 2-bedroom here for AED 149k a year.

The mortgage is AED 1,745 a month less than renting.

Before service charges and any change in price.

Owning: mortgage each monthAED 10,672
Renting a 2-bedroom hereAED 12,417

Cash you need

AED 639k

  • Down paymentAED 480,000
  • DLD transfer feeAED 96,580
  • Agency feeAED 50,400
  • Trustee, mortgage and valuationAED 12,290

Over 5 years, buying costs about AED 566k in fees and interest. Renting costs about AED 745k.

Fees: DLD transfer fee 4% plus AED 580; trustee fee AED 4,000 plus VAT; mortgage registration 0.25% of the loan plus AED 290; agency fee 2% plus VAT; bank valuation about AED 3,000. Up to 80% loan for a first home up to AED 5M. Your bank sets your rate.

What would it earn as a rental?

6.2%

A year's rent, about AED 149k, as a share of the price, before service charges. 2-bedrooms across Business Bay earn 5.7%.

AED 2.4Mprice→AED 149kyearly rent=6.2%return

Will it be easy to sell later?

2 a month

That's how often a 2-bedroom resells here.

Are prices rising or falling?

No clear move

Only 4 resales in the building in the last 3 months, too few to call a direction.

Aug 2024Oct 2026

Do bigger 2-bedrooms cost more?

Each dot is a 2-bedroom sale here. The line is the going rate: every extra sq ft adds about AED 587. Dots well above the line sold for more than their size explains, so ask what made them worth it.

AED 2MAED 2.5MAED 3M1,0001,0501,1001,1501,2001,2501,3001,3501,400Size, sq ft →

What else could AED 2.4M buy nearby?

AED 70k less

2-bedrooms at Urban Oasis cost AED 2.33M and rent for AED 190k. That's an 8.2% return, against 6.2% here. Below: 3 cheaper buildings that earn more.

  1. BuildingTypical priceRent a yearReturn
  2. Noblessaves AED 300kAED 2.1MAED 135k a year6.4%+0.2 pts
  3. Peninsula Twosaves AED 160kAED 2.24MAED 140k a year6.3%+0.1 pts
  4. Urban Oasissaves AED 70kAED 2.33MAED 190k a year8.2%+2.0 pts
  5. Paramount Tower Hotel and Residencesyou're hereAED 2.4MAED 149k a year6.2%

Is it still selling?

The latest sale in Paramount Tower Hotel and Residences was registered on 15 Oct 2026. 27 sales were registered in the 12 months to 3 Nov 2026, against 49 in the 12 months before.

Off-planResale

Sales are counted in the half-year DLD registered them. A half-year still running shows the sales so far.

Where is Paramount Tower Hotel and Residences?

4% above

the typical resale price per sq ft in Business Bay, since January 2024.

Paramount Tower Hotel and Residences against Business Bay

  • Paramount Tower Hotel and ResidencesResale, 136 sales since January 2024AED 1,942 per sq ft
  • Business BayResale, 8,322 sales since January 2024AED 1,873 per sq ft

A 2-bedroom in Business Bay

  • A typical 2-bedroom resells forAED 2.25M
  • New 2-bedroom leases sign forAED 129k a year
  • Rent as a share of the price5.7%

How busy it is

  • Sales since January 202425,748
  • Off-plan share of sales68%

Still selling off-plan nearby

Typical off-plan price per sq ft and sales, last 3 months

See all of Business Bay

More in Business Bay

Questions people ask

Quick answers, from the same deals as the rest of this page.

How much is a 2-bedroom in Paramount Tower Hotel and Residences?

About AED 2.4M on resale; 40 of 79 sold for AED 2.26M to AED 2.5M.

How much is rent for a 2-bedroom in Paramount Tower Hotel and Residences?

About AED 149k a year on a new lease and AED 153k on a renewal.

What is the rental yield at Paramount Tower Hotel and Residences?

About 6.2% gross on a 2-bedroom, before service charges.

About our data

Where our numbers come from

Every number on this page comes from a real deal registered with the Dubai Land Department. Here's how we turn them into prices you can use.

Sales
Every sale of an apartment in Paramount Tower Hotel and Residences registered with the Dubai Land Department since January 2024, up to 3 Nov 2026. Sales up to 2 Nov 2026 come from Dubai Real Estate Data, based on DLD open data (CC BY 4.0). Newer sales come straight from the DLD open-data portal.
Leases
Every Ejari lease registered with the Dubai Land Department since January 2026, up to 2 Nov 2026. Leases don't list bedrooms, so we work them out from the size. Lease length comes from the start and end dates.
What we count
Apartments and hotel apartments. Villas and townhouses aren't included yet.
Typical price
The middle deal: half sold for more, half for less. One penthouse can't skew it the way it skews an average.
Typical range
The range we show: from the 25th to the 75th percentile. Fair means inside it. High and low mean outside it.
Time frames
Prices look at every sale since January 2024, because 12 months of its sales are too few to read. Rents look at new leases since 3 Aug 2026. Price changes compare the last 3 months with the same 3 months a year earlier. Rent changes compare new leases now with those signed from January to March 2026.
Return
A year of typical rent as a share of the typical price, also called gross yield. It comes before service charges, fees and empty months.
Your apartment's value
We start from the typical price at the typical size, then add or take off the going price per sq ft for the difference in size.
When we hold back
We give a price only with at least 20 sales since January 2024 or a rent with at least 10 new leases in the last 3 months behind it. A project gets its own page with at least 30 sales in 12 months or 30 new leases in 3 months, or with at least 20 sales since January 2024 and 5 of them in the last 12 months. We say prices or rents rose or fell only when the change is over 3% and each period has at least 30 deals. Otherwise we say so and show nearby buildings instead.
What the records leave out
Floor, view, furnishing and condition.

We update with every data release. This page was last updated on 3 Nov 2026.

Free · From deals registered with the DLD

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