Paramount Tower Hotel & Residences

Key information

Building age:

4 Years

Floor:

65

Length of stay:

Short term: 2.35%

Long term: 97.65%

Renewal rate:

Avg. 37.12%

Rental yield:

Avg. 6.7%

Location

Nearest points of interest

Restaurants
Billionaire Mansion
265 m
Miss Tess
271 m
Muscle Core Nutrition
557 m
Universal Speciality Goods Trading
685 m
Zaitouna Bay
713 m
Groceries
Organic Land
153 m
Spinneys
454 m
Al Maya Supermarket
684 m
Phantasy Supermarket
768 m
New F Mart Supermarket
898 m
Schools
Sheikh Rashid Bin Saied Isamic Institue
1 km
Japanese School
1.2 km
JSS PRIVATE SCHOOL LLC
1.4 km
Al-Rayah Girls' School - Cycle 3
1.5 km
Alsafa Boys' School - Cycle 3
1.6 km
Hospitals
Aster Clinic
183 m
New Ivory Dental & Implant Clinic
196 m
Physiomove Physiotherapy Center
574 m
Laser Medical Center
620 m
Al Burj Medical Center
622 m
Religious
Dubai Mall Mosque
825 m
Rashid bin Bakhit Mosque
1.3 km
Bay avenue mousq
1.3 km
Al Quoz Cemetery Mosque
1.4 km
Prayer Room 3rd Floor Mall Of Emirates
1.7 km

Average prices

Average price of properties rented in Paramount Tower Hotel & Residences in the last 12 months
TypeAvg. Price (AED/ year)
Studio87,000
1 Bedroom133,000
2 Bedrooms189,000
3 Bedrooms232,000

The data displayed is based on Property Finder’s last 12 months listing data.

Recent rental transactions

DateRented Price (AED/Year)Contract StatusProperty TypeBedroomsSize (sqft)
1 Jun 2026 - 31 May 2027140,000
New
Apartment2 Beds1220.63
16 May 2026 - 15 May 2027100,000
New
Apartment1 Bed973.59
13 May 2026 - 12 May 2027157,000
New
Apartment2 Beds1339.14
11 Apr 2026 - 10 Apr 2027150,000
New
Apartment2 Beds1415.02
15 May 2026 - 14 May 2027150,000
New
Apartment2 Beds1339.14
18 Apr 2026 - 17 Jul 2027260,004
Renewed
Apartment3 Beds1585.85
3 May 2026 - 2 May 2027165,000
New
Apartment2 Beds1414.59
29 Apr 2026 - 28 Apr 2027165,000
Renewed
Apartment2 Beds1167.02
1 May 2026 - 30 Apr 2027130,000
New
Apartment2 Beds1167.02
27 Apr 2026 - 26 Apr 2027190,000
New
Apartment2 Beds1168.42

*The data displayed is based on information gathered from DLD of residential transactions, following a thorough cleanup to exclude any outliers. Therefore, the displayed values may differ from those available on the DLD website.

Nearby prices

Average price of a 1 bedroom apartment nearest to Paramount Tower Hotel & Residences
ExecutiveTower AFalcon TowerExecutiveTower CExecutiveTower BParamountTower Hotel &Residences60K80K100K120K

The data displayed is based on average prices and sizes of 1 bedroom apartment rented in the last 3 months.

New Properties in Paramount Tower Hotel & Residences

See all
  • Beautiful 1BR | Burj View | Great Location

    Apartment

    139,750 AED/year

    Paramount Tower Hotel & Residences, Business Bay, Dubai

    1

    2

    869 sqft

  • Luxury 1BR Apartment | High Floor | Vacant

    Apartment

    115,000 AED/year

    Paramount Tower Hotel & Residences, Business Bay, Dubai

    1

    2

    681 sqft

  • Fully Furnished | Upgraded  | Available

    Apartment

    130,000 AED/year

    Paramount Tower Hotel & Residences, Business Bay, Dubai

    1

    2

    974 sqft

What Residents say about Paramount Tower Hotel & Residences

2.8
A
Abhi S.

I’ve spent a fair amount of time around Business Bay and it’s one of those areas that looks exactly how you’d expect Dubai to look - sleek, central, and always a bit on the go. Location-wise, it’s hard to fault. You’re minutes from everything includes the likes of Downtown, DIFC, Sheikh Zayed Road, and almost next door to The Dubai Mall, which is obviously one of the biggest highlights of the city. Getting around is pretty seamless overall, and public transport is a big plus here: metros, buses, and cabs are all easily available, so you’re not fully reliant on a car. What’s interesting about Business Bay is that while it’s very work-driven, it’s also quite residential, so you get a mix of both. There are loads of cafés, gyms, and restaurants, and the canal side is genuinely a highlight, especially in the cooler months when it’s great for a walk or even cycling. That said, it can feel a little… transactional. A lot of people are there for work, so it doesn’t always have that strong “community” vibe. Traffic can also be a bit chaotic during peak hours, and depending on the building, quality really varies; some are great, others not so much. Overall, it works really well if you want convenience, connectivity, and that polished city feel, with the added bonus of actually being able to live there and not just work there.

1.8
S
Samson P.

Business Bay Peak hour traffic is really a challenge to get out of business bay, the metro is always crowded, for families and bachelors its ideal for being the middle of the city and burj views

3.0
R
Rishab B.

Business Bay is Dubai’s thriving commercial and mixed-use hub, offering a dynamic environment for both work and lifestyle. Known for its modern skyline, it is home to numerous offices, corporate headquarters, and business centers, making it one of the city’s prime destinations for professionals and entrepreneurs. The community also features high-rise residential towers, stylish apartments, and waterfront promenades along the Dubai Canal, creating a live-work-play environment. Residents enjoy a variety of dining, retail, and leisure options, with easy access to Downtown Dubai, Burj Khalifa, and other key areas. Connectivity is excellent, with major roads and metro access ensuring smooth commuting. However, as a central business district, the area can experience traffic congestion during peak hours, and rental rates tend to be on the higher side. Overall, Business Bay is ideal for those seeking a modern, urban lifestyle in close proximity to Dubai’s commercial and entertainment core.

3.4
A
Ajmal S.

One of the most central and vibrant locations of Dubai - mix of commercial and residential buildings. Plenty of restaurants, cafes and hotels - giving an ideal city vibe plus very close proximity to Downtown Dubai and Burj Khalifa! The Dubai Canal within the area is great for evening walks. The parking and traffic can get bit intense especially during peak hours. Getting around Business Bay is not always the easiest - buses are the ideal option for public transport rather than the metro as the buildings are spread out.

5.0
H
Huda N.

Amazing

5.0
U
Usman C.

We had a lovely time at the pool and during our stay here

3.1
E
Ed

While the building itself boasts beauty, the lackluster management significantly diminishes its livability. Basic necessities seem beyond their grasp, leading to a frustrating living experience. Additionally, excessive Airbnb usage causes numerous problems, resulting in the imposition of restrictive rules on residents.

5.0
K
Khaldon D.

In the modern business bay district ,near to the metro and the dubai mall ,provide with flat screen ,wifi,mini fridge, nespresso machines, 2 restaurants, 2 bars,also a SPA ,outdoor pool and a gym

1.5
A
Adam

The pool area looks amazing but the pool is quite dirty. The vents are full of hair and there’s a layer of black in the ridges of the pool. The AC bills are high. ISTA is the provider and the rates are 3 times the rates elsewhere. There are leaks that cannot be explained, in maintenance own words ‘we are responding to leaks everyday’.

5.0
R
Richard V.

Beautiful towers in quite uncrowded area, well maintained top quality service.

Building Score breakdown

How do residents score buildings in the following categories?

3.9
Maintenance
3.4
Staff / Security
4.6
Gym / Pool
4.4
Child friendly
4.2
Peace and quiet
3.4
Traffic accessibility
3.6
Guest parking
4.0