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Paramount Tower Hotel, Business Bay
Photograph 2 of 10 of Paramount Tower Hotel
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Photograph 10 of 10 of Paramount Tower Hotel
10 photos
1,359,750 – 2,613,450 AED

Paramount Tower Hotel

Business Bay View on map
Hotel ApartmentsType
Studio – 1Bedrooms
520 – 1,049 sq.ftArea

About this property

The Paramount Tower Hotel is a 63-storey mixed-use development combining hospitality, residential living, and retail functions within a single high-rise structure.

Mortgage estimate

Pre-filled with this project’s starting price. Change any figure to model your own.

years
%
Estimated monthly payment
5,736 AED
per month · 25-year term
Loan amount1.09M AED
Total interest633K AED

Estimate only. Excludes DLD transfer, agency and bank fees, and your bank sets the final figure.

Speak to a mortgage specialistSee properties up to this price

Project facts

Handover
Q3 2019
Construction
Completed
Availability
On Sale
Available price range
1,359,750 – 2,613,450 AED
Available sizes
520 – 1,049 sq.ft
Available bedrooms
Studio – 1
Unit type
Hotel Apartments
Units in project
9
Buildings
1
District
Business Bay
RERA escrow
1001698784
Service charge
23.5 AED/sqft
Furnishing
Yes
DLD permit
1024611290
Dubai Land Department permit QR code, permit number 1024611290
Scan to verify this listing with the Dubai Land Department.
Open the exact location in Maps

Layouts, sizes and prices

Studio7 layouts520 sq.ft1,359,750 AED
LayoutSizeDeveloper price
Studio520 sq.ft1,359,750 AED
Studio520 sq.ft1,359,750 AED
Studio520 sq.ft1,359,750 AED
Studio520 sq.ft1,359,750 AED
Studio520 sq.ft1,359,750 AED
Studio520 sq.ft1,359,750 AED
Studio520 sq.ft1,359,750 AED
1 Bedroom2 layouts1,049 sq.ft2,613,450 AED
LayoutSizeDeveloper price
1 bed1,049 sq.ft2,613,450 AED
1 bed1,049 sq.ft2,613,450 AED

Every layout the developer has released for this project, with its price on launch. Some configurations may already be sold out, so this can start below the available range above. Ask an advisor for live inventory.

Payment plan

Payment Plan (For Apartments)Payment Plan (For Hotel Apartments)
100%
On booking100%
20%80%
On booking20%
Within 36 months from booking2 payments80%
From 3 to 24 months after booking (7% quarterly)56%
From 27 to 36 months after booking (6% quarterly)24%

Documents and links

Brochure
Paramount Tower Hotel Floorplan

Amenities

  • State Of Art Wellness Facilities
  • Axis Of Action
  • Mixologist Bar
  • Sky Hotel Lobby
  • 235m High Infinity Pool
  • World-Class Chefs And Inspired Menus
  • Meeting Rooms

Floor plans

StudioTap to enlarge
StudioTap to enlarge
StudioTap to enlarge
StudioTap to enlarge

Master plan

Location

Business Bay, DubaiOpen in Maps

What buyers actually paid

Registered sales at the Dubai Land Department, not asking prices.

6.2%Gross rental yield in the community
2,364Median per sq.ft in the community
5,096Registered sales, 12 months
54%Bought off-plan

Median price per sq.ft in Business Bay

By month, from registered sales. Portals chart asking prices here.

1,9002,1002,3002,5002,700Oct 24Feb 25Jun 25Oct 25Feb 26Jun 26Sep 26

Comparable sales in Business Bay

What Studio sells for

1,355 registered sales in 12 months, median 2,499 per sq.ft.

DatePropertySizePricePer sq.ft
9 Oct 2026Studio FlatReadyUPSIDE Living4711,250,0002,656
9 Oct 2026Studio FlatReadyTHE COURT471606,4601,288
8 Oct 2026Studio FlatReadyPeninsula Three4221,200,0002,847
8 Oct 2026Studio FlatReadyPeninsula One4371,050,0002,400
7 Oct 2026Studio FlatOff-planDG1 Living5011,277,8472,550
5 Oct 2026Studio FlatOff-planBinghatti Skyhall4241,299,8003,066
5 Oct 2026Studio FlatOff-planBinghatti Skyrise4621,277,2492,762
1 Oct 2026Studio FlatReadyPeninsula Four5131,265,0002,467

What Studio rents for

4,336 registered contracts in 12 months, median 137 per sq.ft a year, a gross yield of 6.6%.

ContractSizeAnnual rentPer sq.ft
9 Oct 202651293,750183
9 Oct 202652890,000171
8 Oct 202651590,000175
8 Oct 202637475,000200
7 Oct 202665190,000138
7 Oct 202642785,000199

What 1 B/R sells for

2,201 registered sales in 12 months, median 2,329 per sq.ft.

DatePropertySizePricePer sq.ft
9 Oct 20261 B/R FlatReadyDAMAC TOWERS BY PARAMOUNT9291,225,0001,319
8 Oct 20261 B/R FlatReadyPeninsula Four8292,350,0002,836
8 Oct 20261 B/R FlatReadyThe EDGE6961,660,0002,385
7 Oct 20261 B/R FlatOff-planBinghatti Aquarise9082,001,9992,205
7 Oct 20261 B/R FlatReadyPeninsula Four8591,950,0002,271
6 Oct 20261 B/R FlatOff-planOne by Binghatti1,1762,541,9992,161
6 Oct 20261 B/R FlatReadyTHE STERLING EAST HOUSE9722,171,0002,233
5 Oct 20261 B/R FlatReadyTHE OPUS BY OMNIYAT8873,753,6044,230

What 1 B/R rents for

7,025 registered contracts in 12 months, median 115 per sq.ft a year, a gross yield of 6.1%.

ContractSizeAnnual rentPer sq.ft
9 Oct 2026971150,000154
9 Oct 2026781100,000128
8 Oct 2026830130,000157
8 Oct 2026695120,000173
7 Oct 20261,123150,000134
7 Oct 2026827140,000169

What 2 B/R sells for

1,156 registered sales in 12 months, median 2,184 per sq.ft.

DatePropertySizePricePer sq.ft
9 Oct 20262 B/R FlatOff-planBugatti Residences by Binghatti3,68115,000,0004,075
9 Oct 20262 B/R FlatReadyNOBLES1,2592,100,0001,668
8 Oct 20262 B/R FlatReadyTHE VOGUE1,0131,400,0001,382
6 Oct 20262 B/R FlatOff-planBinghatti Aquarise1,3383,500,0002,617
6 Oct 20262 B/R FlatOff-planCANAL HEIGHTS1,3573,378,2002,489
5 Oct 20262 B/R FlatOff-planBinghatti Aquarise2,3643,749,9991,586
5 Oct 20262 B/R FlatOff-planBinghatti Aquarise1,0903,029,9992,781
1 Oct 20262 B/R FlatReadyPeninsula One9502,400,0002,527

What 2 B/R rents for

3,172 registered contracts in 12 months, median 96 per sq.ft a year, a gross yield of 5.6%.

ContractSizeAnnual rentPer sq.ft
9 Oct 20261,190125,000105
9 Oct 20261,254110,00088
8 Oct 20261,179170,000144
8 Oct 20261,190140,000118
7 Oct 20261,626240,000148
7 Oct 20261,785136,00076

What 3 B/R sells for

307 registered sales in 12 months, median 2,298 per sq.ft.

DatePropertySizePricePer sq.ft
5 Oct 20263 B/R FlatReadyPeninsula Four1,9325,000,0002,588
1 Oct 20263 B/R FlatOff-planRoyal Regency Suites2,9155,307,9001,821
1 Oct 20263 B/R FlatOff-planRoyal Regency Suites2,7304,677,8501,714
30 Sep 20263 B/R FlatReady6,1628,200,0001,331
29 Sep 20263 B/R FlatReadyTHE COSMOPOLITAN1,8162,000,0001,101
28 Sep 20263 B/R FlatReady2,1974,100,0001,866
28 Sep 20263 B/R FlatReady1,9053,150,0001,654
23 Sep 20263 B/R FlatReadyRegalia1,8243,350,0001,837

What 3 B/R rents for

745 registered contracts in 12 months, median 96 per sq.ft a year, a gross yield of 5.7%.

ContractSizeAnnual rentPer sq.ft
8 Oct 20261,900150,00079
7 Oct 20263,112620,000199
5 Oct 20262,178200,00092
5 Oct 20261,744160,00092
4 Oct 20261,420165,000116
2 Oct 20261,919170,00089

What 4 B/R sells for

60 registered sales in 12 months, median 2,558 per sq.ft.

DatePropertySizePricePer sq.ft
23 Sep 20264 B/R FlatReadyELITE BUSINESS BAY RESIDENCE2,1892,667,0001,218
23 Sep 20264 B/R FlatReadyELITE BUSINESS BAY RESIDENCE2,1682,661,2001,227
22 Sep 20264 B/R FlatReadyPeninsula Four2,5916,700,0002,586
22 Sep 20264 B/R FlatReady4,7896,000,0001,253
27 Aug 20264 B/R FlatReadyPeninsula Four2,5916,700,0002,586
20 Aug 20264 B/R FlatOff-planBurj Binghatti Jacob & Co. Residences4,22918,400,0004,350
17 Aug 20264 B/R FlatOff-planBugatti Residences by Binghatti6,78863,000,0009,282
6 Aug 20264 B/R FlatOff-planVela Viento by Omniyat6,18543,468,9977,028

What 4 B/R rents for

83 registered contracts in 12 months, median 83 per sq.ft a year, a gross yield of 5.9%.

ContractSizeAnnual rentPer sq.ft
2 Oct 20264,9221,800,000366
1 Oct 20264,755385,00081
25 Sep 20262,168180,00083
19 Sep 20264,333900,000208
15 Sep 20262,191165,00075
14 Sep 20262,189170,00078

Registered sale transactions published as open data by the Dubai Land Department, covering 12 months to 2026-10-09. Sizes are converted from the square metres DLD records. A registered price is what a buyer paid, which is not the same as an asking price. Gross yield is registered Ejari rent over registered sale price for the same twelve months, before service charge, agency fee, vacancy and management. It is the ceiling on a return, not the return.