Paramount Tower Hotel & Residences

1. Does it pay a good rent?6.2% gross, 5.0% after the service charge (Dubai median 6.8%)6.2%Fair
2. Is it easy to let?57% of units signed a yearly lease in 12 months; the typical Business Bay building manages 41%57%Fair

   Across 82 Business Bay buildings with 40 or more units, the median signed annual leases on 41% of units in 12 months and the top tenth on 69% or more; Paramount Tower Hotel & Residences is at 57%.

3. Are rents going up?New 2 bed leases: AED 180,000 a year ago, AED 160,000 now-11.1%Watch
4. Are prices going up?2 bed: AED 1,853/sqft a year ago, 2,019 now+9.0%Strength
5. How fast do fees pay back?AED 162,800 in fees to buy a 2 bed; net rent covers it in 1.2 years1.2 yrsFair
6. Can I sell easily?36 sales in 12 months, 7% of the tower (60 the year before)36Fair
7. Is a lot being built nearby?11,591 apartments are planned in Business Bay from 2026 to 2028, equal to 64% of the 18,176 homes let there today. A further 2,730 are past their planned date. Business Bay supply by year →64%Watch
8. Did earlier buyers gain?Up 25% for buyers 5 years ago; up 6% for launch buyers, before fees+24.6%Context

36 resales in the last 12 months, against 91 a year on average over 2023–2025.

Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.

At 2 bed, Paramount Tower Hotel & Residences has registered sale prices 2% below the Business Bay median price per square foot of 2,061 AED, across 102 eligible buildings. It ranks 53rd of 102 by price per square foot and 31st of 51 by gross yield in Business Bay.

• Sales and rents to
  2026-10-12 — Dubai Land Department and Ejari, trailing 12 months
  On record
• Sales evidence · 2 bed
  17 registered sales in 12 months
  On record
• Rental evidence · 2 bed
  121 new and 68 renewal contracts in 12 months · rent source: this building
  On record
• Service charge
  AED 22.73/sqft a year, 2026 owners-association budget; 5.0% yield after it. Confirm against the latest invoice.
  On record
• Project register
  Paramount Tower Hotel & Residences: recorded complete 2022-03-29 · register data to 2026-07-06
  On record
• Short-term assumption
  Modelled at the published 70% occupancy on 22 listings seen; the dial above changes every short-term figure on this page
  Read with care
• Building record
  DLD building record · data to 2026-10-13
  On record
• Costs not included
  4% DLD transfer fee, agency fee, mortgage, vacancy, furnishing. Every yield is gross.
  Not in the yield

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

Paramount Tower Hotel & Residences returns 6.2% gross: a median new-contract rent of AED 160,000 a year (121 Ejari contracts in 12 months) over a price benchmark of AED 2.60M (median of 17 sales in the last 12 months, latest Sept 2026), before service charge, agency fees or vacant months.

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

The median registered sale price is AED 2.60M (2,019 AED/sqft), from 17 Dubai Land Department sales in the last 12 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 2,019 AED/sqft, across 17 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.

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

Median price per square foot moved +9.0% over the last 12 months against the 12 before it, on 17 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.

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

Its 6.2% gross yield sits -0.2 pts against the Business Bay median of 6.3%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.