When will Paramount Tower Hotel & Residences be completed?

The register records Paramount Tower Hotel & Residences complete in March 2022. Dubai Land Department project register as of July 2026.

Is Paramount Tower Hotel & Residences in escrow?

Yes: the Land Department register names بنك دبي التجاري (ش.م.ع) as the project’s escrow agent, the bank that holds buyers’ payments for the developer. Dubai Land Department project register as of July 2026.

Who is the developer of Paramount Tower Hotel & Residences?

The register names the master developer, Business Bay LLC, which owns the land; the company building the project is not recorded. Dubai Land Department project register as of July 2026.

How many units does Paramount Tower Hotel & Residences have?

509 registered units, of which 509 have a title issued. A title is issued at handover, so a live project shows few or none however many units have sold. Dubai Land Department project register as of July 2026.

Off-plan · DLD project register as of 6 Jul 2026

Paramount Tower Hotel & Residences

Completed 2022 · 509 units · started Jul 2015 · Business Bay

Recorded complete in March 2022.

Built100%

Started Jul 2015Completed Mar 2022

DLD project register, Jul 2026

Titles issued: 509 of 509
Escrow: بنك دبي التجاري (ش.م.ع)

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Is Paramount Tower Hotel & Residences a safe off-plan buy?Recorded complete in March 2022; no record of the builder

Is it on schedule?Recorded complete in March 2022, on its registered date to the day: the register often stamps one onto the other · DLD project register, Jul 2026100%Context
Is my money protected?The register named the escrow agent: بنك دبي التجاري (ش.م.ع)EscrowContext
Is the price fair?No off-plan sale registered in 12 months to price it onNo record
Is it selling?No off-plan sale registered in 12 months; the last in November 20210Context
Who is building it?The register names the master developer, Business Bay LLC; the builder is not recordedNo record

A registered date is not a delivery forecast · 79% of recorded completions carry their planned date to the day · DLD register, July 2026

Check an asking price →How each reading works →

What is being built509 units, mostly two-beds; all titled

Type	Units	Titled
Studio	61%	466–607	6
1 bed	10521%	679–972	105
2 bed	32063%	1,121–1,354	320
3 bed	7815%	1,586–1,645	78

DLD unit register · balconies a median 11% of unit area

Every unit, floor by floor →

Sizes run from the 10th to the 90th percentile of registered floor area, so one mislabelled unit cannot set the range. A title is issued at handover: a live project shows few or none however many units have sold, and an untitled unit is not necessarily for sale.

Every unit, as registered

509 units in DLD’s register for Paramount Tower Hotel & Residences, floor by floor.

Show 400 of 509 units

Floor	Unit	Type	Sqft	Balcony	Title issued
26	1 · 2601	1 bed	756	—	Yes
26	1 · 2602	2 bed	1,354	131	Yes
26	1 · 2603	2 bed	1,322	230	Yes
26	1 · 2604	2 bed	1,288	221	Yes
26	1 · 2605	2 bed	1,288	221	Yes
26	1 · 2606	2 bed	1,321	230	Yes
26	1 · 2607	2 bed	1,364	195	Yes
26	1 · 2608	2 bed	1,248	66	Yes
26	1 · 2609	1 bed	965	136	Yes
26	1 · 2610	1 bed	974	141	Yes

A title is issued at handover. “Not yet” means no title, which a reserved unit and an unsold one share; the register does not say which is for sale.

How other Business Bay projects are tracking2 of the 3 nearest-to-finished are past their registered dates

Project	%
Burj Pacific	99%	Jan 2023 · past date
Al Habtoor Tower	90%	Dec 2026
West Bay Tower	77%	Feb 2024 · past date

“Past date”: the registered date has already passed · 12 of 30 live Business Bay projects past theirs · DLD register and inspections, October 2026

All 117 Business Bay projects →

As registered with the Land DepartmentWhere Paramount Tower Hotel & Residences is, and who is on its register row

Escrow agent: بنك دبي التجاري (ش.م.ع)
Master developer: Business Bay LLC
Registered start: July 2015
Configuration: PROJECT CONSISTS OF 3B+G+11P+4A+49+R HOTEL & RESIDENTIAL BUILDING LOCATED IN BUSINESS BAY. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.

Pills show median resale price per sqft, AED. 1 of 1 published tower pinned; verify a plot before relying on it.Open in Apple Maps

Construction progress is the percentage DLD recorded in its project register as of July 2026, the latest DLD record for this project; the register lags DLD’s inspections by months, so it is dated separately. The developer is the company licensed to build it, by the register’s own licence number; the master developer owns the land under it and is often another company entirely. Off-plan price is the median of registered off-plan sales across this project’s published buildings, 12 months to 12 Oct 2026.

Published buildings in Paramount Tower Hotel & Residences

Towers inside this project that have enough registered resales for their own record.

Paramount Tower Hotel & Residences

Business Bay · 36 sales, 12 months

2,009

AED/sqft, resale median

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Common questions

When will Paramount Tower Hotel & Residences be completed?: The register records Paramount Tower Hotel & Residences complete in March 2022. Dubai Land Department project register as of July 2026.
Is Paramount Tower Hotel & Residences in escrow?: Yes: the Land Department register names بنك دبي التجاري (ش.م.ع) as the project’s escrow agent, the bank that holds buyers’ payments for the developer. Dubai Land Department project register as of July 2026.
Who is the developer of Paramount Tower Hotel & Residences?: The register names the master developer, Business Bay LLC, which owns the land; the company building the project is not recorded. Dubai Land Department project register as of July 2026.
How many units does Paramount Tower Hotel & Residences have?: 509 registered units, of which 509 have a title issued. A title is issued at handover, so a live project shows few or none however many units have sold. Dubai Land Department project register as of July 2026.

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Off-plan record for Paramount Tower Hotel & Residences

Record type: Project-level off-plan register record
Data date: 2026-10-12
Evidence base: 509 registered units; DLD project register as of 2026-07-06
Sources: Dubai Land Department project register, construction inspections and title register; sale transactions
Canonical record: /off-plan/apartments/dubai/business-bay/paramount-tower-hotel-and-residences
Method: Definitions and calculations

Cite as: Dubai Wealth Index. “Paramount Tower Hotel & Residences, off-plan.” Business Bay, Dubai. Register to 2026-07-06, data to 2026-10-12. https://dubaiwealthindex.com/off-plan/apartments/dubai/business-bay/paramount-tower-hotel-and-residences