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Project · Transactions · 2022

Paramount Tower Hotel & Residences Property Transactions 2022

205 property sales worth ⃃ 357.86M were registered in Paramount Tower Hotel & Residences in 2022, 51.9% higher than 2021 by number of sales. The median sale price was ⃃ 1,787,000 and the median price per square foot ⃃ 1,798 (+10.7% on 2021).

Period: 1 Jan – 31 Dec 2022Compared with: 2021Sample: 205 salesUpdated: 15 Nov 2026
Property sales
205
+51.9% vs 2021
1 Jan – 31 Dec 2022
Total value
⃃ 357.86M
+44.9% vs 2021
1 Jan – 31 Dec 2022
Median sale price
⃃ 1,787,000
−6.9% vs 2021
205 sales
Median price per sq ft
⃃ 1,798
+10.7% vs 2021
205 sales

What types of property sold in Paramount Tower Hotel & Residences in 2022?

1 Jan – 31 Dec 2022

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments205100%⃃ 357.86M⃃ 1,787,000⃃ 1,798

How were 2022 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)14671.2%⃃ 254.62M⃃ 1,568,290⃃ 2,204
Resale (secondary)5928.8%⃃ 103.24M⃃ 1,800,000⃃ 1,665
Ready205100%⃃ 357.86M⃃ 1,787,000⃃ 1,798

How many rental contracts were registered in Paramount Tower Hotel & Residences in 2022?

197 rental contracts (new and renewed) were registered in Paramount Tower Hotel & Residences in 2022, at a median annual rent of ⃃ 120,000. Rental yields in Paramount Tower Hotel & Residences

What were the most expensive property sales in Paramount Tower Hotel & Residences in 2022?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
17/08/2022Paramount Tower Hotel & Residences3 beds · Apartment1,693 sq ft⃃ 4,020,519Primary · Ready
16/08/2022Paramount Tower Hotel & Residences3 beds · Apartment1,661 sq ft⃃ 3,960,455Primary · Ready
16/08/2022Paramount Tower Hotel & Residences3 beds · Apartment1,478 sq ft⃃ 3,508,730Primary · Ready
15/11/2022Paramount Tower Hotel & Residences3 beds · Apartment1,586 sq ft⃃ 3,156,000Primary · Ready
17/08/2022Paramount Tower Hotel & Residences2 beds · Apartment1,316 sq ft⃃ 3,125,263Primary · Ready
22/08/2022Paramount Tower Hotel & Residences2 beds · Apartment1,361 sq ft⃃ 3,093,000Primary · Ready
21/08/2022Paramount Tower Hotel & Residences2 beds · Apartment1,356 sq ft⃃ 3,091,000Primary · Ready
01/08/2022Paramount Tower Hotel & Residences2 beds · Apartment1,356 sq ft⃃ 3,091,000Primary · Ready
19/08/2022Paramount Tower Hotel & Residences2 beds · Apartment1,356 sq ft⃃ 3,091,000Primary · Ready
22/08/2022Paramount Tower Hotel & Residences2 beds · Apartment1,356 sq ft⃃ 3,091,000Primary · Ready

What were the last registered sales of 2022?

DatePropertyTypeSizePriceMarket
29/12/2022Paramount Tower Hotel & Residences2 beds · Apartment1,248 sq ft⃃ 1,850,000Resale · Ready
29/12/2022Paramount Tower Hotel & Residences3 beds · Apartment1,584 sq ft⃃ 3,000,000Resale · Ready
27/12/2022Paramount Tower Hotel & Residences2 beds · Apartment1,166 sq ft⃃ 2,200,000Resale · Ready
21/12/2022Paramount Tower Hotel & ResidencesStudio · Apartment520 sq ft⃃ 1,295,000Primary · Ready
20/12/2022Paramount Tower Hotel & Residences1 bed · Apartment1,047 sq ft⃃ 2,482,000Primary · Ready
20/12/2022Paramount Tower Hotel & Residences3 beds · Apartment1,644 sq ft⃃ 2,350,000Resale · Ready
20/12/2022Paramount Tower Hotel & Residences2 beds · Apartment1,288 sq ft⃃ 2,200,000Resale · Ready
19/12/2022Paramount Tower Hotel & Residences2 beds · Apartment1,167 sq ft⃃ 2,050,000Resale · Ready
14/12/2022Paramount Tower Hotel & ResidencesStudio · Apartment520 sq ft⃃ 900,000Resale · Ready
14/12/2022Paramount Tower Hotel & ResidencesStudio · Apartment627 sq ft⃃ 1,562,000Primary · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2022 with the whole of 2021.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/paramount-tower-hotel-residences/2022
Paramount Tower Hotel & Residences Property Transactions 2022. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/paramount-tower-hotel-residences/2022

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Paramount Tower Hotel & Residences in 2022?
205 property sales worth ⃃ 357,860,006 were registered in Paramount Tower Hotel & Residences in 2022. That is 51.9% higher than 2021.
What was the median property price in Paramount Tower Hotel & Residences in 2022?
The median sale price was ⃃ 1,787,000 and the median price per square foot ⃃ 1,798 (1 Jan – 31 Dec 2022).
What share of 2022 sales in Paramount Tower Hotel & Residences were off-plan or from developers?
Developer (primary) sales were 71.2% of the 205 sales and resales 28.8%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 14 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/paramount-tower-hotel-residences/2022