What is the rental yield in Paramount Tower Hotel & Residences?

Paramount Tower Hotel & Residences returns 6.42% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 252 rental contracts registered in the last 24 months.

How much does a 2 bedroom in Paramount Tower Hotel & Residences cost?

The median registered sale price is AED 2.40M (1,942 AED/sqft), from 49 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

What are apartments in Paramount Tower Hotel & Residences selling for right now?

Registered sales of ready units in Paramount Tower Hotel & Residences over the last 12 months have a median of 1,998 AED/sqft, across 19 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.

Have prices in Paramount Tower Hotel & Residences risen or fallen?

Median price per square foot moved +6.3% over the last 12 months against the 12 before it, on 49 registered sales. On a sample this size, read the direction rather than the exact figure.

How does Paramount Tower Hotel & Residences compare with Business Bay?

Its 6.42% gross yield sits -0.2 pts against the Business Bay median of 6.64%, computed at the same bedroom grain over the same 24-month window.

Paramount Tower Hotel & Residences — sale prices & yield

Buy: 2.40MAED; AED 1,998/sqft
Long-let: 6.42%; AED 175,000/yr
Short-let: 11.68%; AED 1,221/night · 0.99/sqft

Price per sqft: Median of 19 registered sales of ready units in the last 12 months, most recent August 2026.

Priced off 3 sales in the last 3 months.

Yield spread: -0.2 pts; vs the Business Bay median for this unit type
Turnover upside: +5.5%; new tenants pay more than sitting ones — 152 renewals
AED/yr/sqft: AED 136
Sales: 49
Rental contracts: 252
Renewal rent: AED 165,850/yr

12 months: +6.3%
3 years: +12.8%+4.1%/yr
5 years: +27.6%+5.0%/yr

Based on 49 sales and 252 rental contracts in the last 24 months.

Paramount Tower Hotel & Residences is an apartment building in Business Bay, Dubai. The closest metro station is Business Bay Metro Station, the nearest mall Dubai Mall and the nearest landmark Burj Khalifa. Land Department records for it run from 2015 to 2026, 2,138 registered sales in all — the 49 in the last 24 months are what every median above is computed from.

Price history

Every recorded sale in Paramount Tower Hotel & Residences, by year.

Monthly median AED per sqft, smoothed over three months. The band along the bottom is the number of records each month.

Yield by bedroom type

Type	Median price	AED/sqft	Yield	12mo	Sales
Studio	AED 932,000	1631	9.01% +1.4 pts	-15.7%	15
1 bed	AED 1.80M	2259	6.67% -0.5 pts	-5.5%	26
2 bed	AED 2.40M	1942	6.42% -0.2 pts	+6.3%	49
3 bed	AED 2.98M	1810	7.56% +0.8 pts	+1.3%	11

Deltas compare each yield with the Business Bay median for the same unit type. How these yields are computed

How these yields are computed

Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around Paramount Tower Hotel & Residences

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured

Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.

Type	Nightly (AED)	AED/night/sqft	Net revenue at 80%	Long-let rent	Uplift	Short-let yield	Listings seen
1 bed	804	1.01	AED 185,015	AED 120,000	1.5×	10.28%	10+
2 bed	1,221	0.99	AED 280,413	AED 175,000	1.6×	11.68%	22+
3 bed500m	1,121	0.68	AED 249,026	AED 225,000	1.1×	8.37%	10+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts

Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because Paramount Tower Hotel & Residences itself had too few listings of that type to measure.

Off-plan vs resale

Units sold off-plan in Paramount Tower Hotel & Residences between 2015 and 2021 went for a median of AED 1,756/sqft (AED 1.71M). The same building resells today at AED 1,958/sqft (AED 2.34M) — an uplift of +36.5%.

Based on 552 off-plan sales across the building's full history.

Why this uses the full history

This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

38 resales in the last 12 months, against 92 a year on average over 2023–2025.

Sales

Date	Type	Sqft	Price	AED/sqft
14 Aug 2026	2 bed	1,364	AED 2,725,000	1,998
6 Jul 2026	Studio	477	AED 777,215	1,631
29 Jun 2026	2 bed	1,290	AED 2,655,000	2,059
25 Jun 2026	2 bed	1,364	AED 3,200,000	2,346
16 Jun 2026	1 bed	843	AED 2,018,990	2,396
10 Jun 2026	3 bed	1,644	AED 3,000,000	1,825
5 Jun 2026	3 bed	1,644	AED 2,794,398	1,700

7 resales in the last 3 months.

Rental contracts

Start	Type	Sqft	Annual rent	AED/sqft	Contract
4 Oct 2026	2 bed	1,190	AED 145,000	122	Renewal
1 Sept 2026	2 bed	1,324	AED 120,000	91	New
1 Sept 2026	1 bed	974	AED 105,000	108	New
25 Aug 2026	2 bed	1,167	AED 140,000	120	New
24 Aug 2026	2 bed	1,290	AED 116,652	90	New
22 Aug 2026	3 bed	1,584	AED 225,000	142	New
19 Aug 2026	1 bed	683	AED 112,500	165	Renewal
18 Aug 2026	2 bed	1,316	AED 150,000	114	New
15 Aug 2026	2 bed	1,121	AED 170,000	152	New
15 Aug 2026	2 bed	1,248	AED 125,000	100	New
15 Aug 2026	1 bed	681	AED 95,000	140	New
15 Aug 2026	2 bed	1,288	AED 149,000	116	New
15 Aug 2026	2 bed	1,415	AED 127,050	90	Renewal
14 Aug 2026	1 bed	965	AED 90,000	93	New
14 Aug 2026	2 bed	1,339	AED 155,000	116	New
12 Aug 2026	2 bed	1,354	AED 149,000	110	New
11 Aug 2026	3 bed	1,644	AED 191,670	117	Renewal
10 Aug 2026	Studio	466	AED 65,000	139	New
10 Aug 2026	1 bed	952	AED 120,000	126	New
10 Aug 2026	2 bed	1,221	AED 130,000	107	New
10 Aug 2026	1 bed	952	AED 120,000	126	New
10 Aug 2026	2 bed	1,221	AED 130,000	107	New
10 Aug 2026	2 bed	1,354	AED 165,000	122	New
10 Aug 2026	2 bed	1,364	AED 140,954	103	New
4 Aug 2026	2 bed	1,167	AED 155,000	133	New
3 Aug 2026	1 bed	679	AED 100,000	147	New
2 Aug 2026	3 bed	1,644	AED 200,000	122	Renewal
1 Aug 2026	2 bed	1,221	AED 160,000	131	Renewal
1 Aug 2026	2 bed	1,221	AED 150,000	123	New
30 Jul 2026	1 bed	898	AED 100,000	111	New
30 Jul 2026	2 bed	1,250	AED 170,000	136	New
30 Jul 2026	3 bed	1,645	AED 205,000	125	New
29 Jul 2026	2 bed	1,321	AED 140,000	106	Renewal
25 Jul 2026	2 bed	1,354	AED 125,000	92	New
24 Jul 2026	2 bed	1,121	AED 200,000	178	New
23 Jul 2026	2 bed	1,121	AED 160,000	143	New
22 Jul 2026	2 bed	1,167	AED 165,000	141	New
22 Jul 2026	2 bed	1,316	AED 160,000	122	New
20 Jul 2026	2 bed	1,186	AED 120,000	101	Renewal
20 Jul 2026	2 bed	1,288	AED 150,000	116	New
18 Jul 2026	2 bed	1,288	AED 160,000	124	New
16 Jul 2026	1 bed	679	AED 96,000	141	New
16 Jul 2026	1 bed	679	AED 110,000	162	Renewal
16 Jul 2026	2 bed	1,290	AED 130,000	101	New
12 Jul 2026	2 bed	1,356	AED 140,000	103	Renewal
10 Jul 2026	2 bed	1,221	AED 126,486	104	New
10 Jul 2026	2 bed	1,415	AED 150,000	106	New
6 Jul 2026	2 bed	1,324	AED 150,000	113	New
5 Jul 2026	2 bed	1,167	AED 143,325	123	Renewal
4 Jul 2026	2 bed	1,322	AED 160,000	121	New
4 Jul 2026	2 bed	1,121	AED 152,386	136	New
1 Jul 2026	1 bed	681	AED 90,000	132	New
30 Jun 2026	2 bed	1,354	AED 96,875	72	Renewal
29 Jun 2026	2 bed	1,121	AED 150,000	134	New
26 Jun 2026	2 bed	1,167	AED 160,000	137	New
25 Jun 2026	2 bed	1,356	AED 130,000	96	New
25 Jun 2026	2 bed	1,324	AED 160,000	121	Renewal
23 Jun 2026	1 bed	898	AED 115,000	128	Renewal
22 Jun 2026	3 bed	1,645	AED 200,000	122	New
22 Jun 2026	1 bed	871	AED 100,000	115	New

Showing the 60 most recent of 82 contracts starting on or after 26 May 2026.

Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors: 65
Lifts: 13
Parking bays: 542
Swimming pools: 1

Nearby

Metro: Business Bay Metro Station
Mall: Dubai Mall
Landmark: Burj Khalifa

Compare with nearby buildings

The most-traded buildings in Business Bay, on the same figures over the same window.

Highest rental yields in Business Bay · Paramount Tower Hotel & Residences places 58th of 84

Common questions

What is the rental yield in Paramount Tower Hotel & Residences?: Paramount Tower Hotel & Residences returns 6.42% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 252 rental contracts registered in the last 24 months.
How much does a 2 bedroom in Paramount Tower Hotel & Residences cost?: The median registered sale price is AED 2.40M (1,942 AED/sqft), from 49 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Paramount Tower Hotel & Residences selling for right now?: Registered sales of ready units in Paramount Tower Hotel & Residences over the last 12 months have a median of 1,998 AED/sqft, across 19 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Paramount Tower Hotel & Residences risen or fallen?: Median price per square foot moved +6.3% over the last 12 months against the 12 before it, on 49 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Paramount Tower Hotel & Residences compare with Business Bay?: Its 6.42% gross yield sits -0.2 pts against the Business Bay median of 6.64%, computed at the same bedroom grain over the same 24-month window.

Paramount Tower Hotel & Residences