PARAMOUNT TOWER HOTEL & RESIDENCES
FINISHEDBy Namaa Properties Development L.L.C · Business Bay
est. — modelled from compounded CAGR, pending launch-price data.
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.
Appreciation — multiple measures
One number can mislead — we show the full picture.
- Median price
- AED 2,058,080
- Price/sqft (last 12 months)
- AED 2,012
- Secondary-market share
- 44%
- Resale-only (est.)
- +6.9%
- Like-for-like 1BR (est.)
- +4.9%
est.
est.
Current gross yield by bedroom
- Studio
- 5.7%
- 1BR
- 6.7%
- 2BR
- 7.1%
- 3BR
- 7.4%
- 4BR+
- 2.5%
Based on this project's own DLD sale + Ejari rent transactions (last 24 months); areas with thin data fall back to community averages.
Price & volume trend
Quarterly median price per sqft (line) against transaction volume (bars).
Recent transactions
12 Jun 2026
- Unit
- Studio · 480 sqft
- Price
- AED 792,960
- AED per sqft
- AED 1,652
28 May 2026
- Unit
- 1BR · 760 sqft
- Price
- AED 1,307,960
- AED per sqft
- AED 1,721
17 Apr 2026
- Unit
- 1BR · 820 sqft
- Price
- AED 1,467,800
- AED per sqft
- AED 1,790
05 Mar 2026
- Unit
- 2BR · 1,180 sqft
- Price
- AED 1,990,660
- AED per sqft
- AED 1,687
Sample — representative transactions, pending the transaction-level DLD feed.
Source: DLD transactions (Dubai Pulse) · gifts, bulk & related-party transfers excluded
Project facts
- Developer
- Namaa Properties Development L.L.C
- Area
- Business Bay
- Status
- FINISHED
- Units
- 799
- Buildings
- 1
- Completion date
- 29 Mar 2022
- Completed
- 100%
Source: DLD transactions (Dubai Pulse) · Human-AI-assisted · Not financial advice.
Available now
1BR · 745 sqft
AED 1,307,475
Verified 02 Aug 2026
2BR · 1,145 sqft
AED 1,951,080
Verified 24 Jul 2026
Illustrative — live listings coming soon.
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Published by Dubai Best Research · Human-AI-assisted · Methodology & sources disclosed
Not financial advice · Figures nominal unless stated