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PARAMOUNT TOWER HOTEL & RESIDENCES, Business Bay: rental yield, prices & rents

In the 24 months to 5 October 2026, DLD registered 78 sales and 595 rent contracts in PARAMOUNT TOWER HOTEL & RESIDENCES, Business Bay. A 2-bed apartment sold for a median AED 2.40M and rented for AED 170K a year: a gross yield of 7.1%. The Business Bay median for the same home type is 4.1% (last 12 months).

See every PARAMOUNT TOWER HOTEL & RESIDENCES sale and rental in the explorer →

Prices and yields by home type

Medians for the 24 months to 5 October 2026. Gross yield = median annual rent ÷ median sale price.

Home typeMedian priceAED / sq ftGross yieldSales
1-bed apartmentAED 1.80M2,2046.7%22
2-bed apartmentAED 2.40M1,9427.1%45
3-bed apartmentAED 2.98M1,8107.4%11

Rent guide: what tenants pay in PARAMOUNT TOWER HOTEL & RESIDENCES

The 24 months to 5 October 2026. Typical = median. “Most pay” is the middle half of contracts. New lease is what a new tenant agreed; renewal is an existing tenant renewing, often lower because renewal increases are limited by the RERA rental index.

Home typeTypical rent / yearPer monthMost payNew leaseRenewalContracts
Studio apartmentAED 75KAED 6,233AED 65K – AED 90KAED 75K—9
1-bed apartmentAED 120KAED 10KAED 100K – AED 125KAED 120KAED 111K125
2-bed apartmentAED 170KAED 14KAED 150K – AED 185KAED 175KAED 170K385
3-bed apartmentAED 220KAED 18KAED 200K – AED 236KAED 220KAED 210K76

Price and rent trend

Median sale price per sq ft (AED), by month
1,6001,8002,0002,2002,400Oct 2024Aug 2025Jun 2026 1,942Oct 2024: AED 1,955 per sq ftNov 2024: AED 1,841 per sq ftDec 2024: AED 1,954 per sq ftFeb 2025: AED 1,894 per sq ftMar 2025: AED 1,773 per sq ftJun 2025: AED 2,043 per sq ftJul 2025: AED 2,216 per sq ftAug 2025: AED 1,991 per sq ftSep 2025: AED 1,920 per sq ftNov 2025: AED 2,098 per sq ftJan 2026: AED 2,066 per sq ftFeb 2026: AED 2,248 per sq ftMay 2026: AED 2,054 per sq ftJun 2026: AED 1,942 per sq ft
Show as table
MonthAED per sq ft
Oct 20241,955
Nov 20241,841
Dec 20241,954
Feb 20251,894
Mar 20251,773
Jun 20252,043
Jul 20252,216
Aug 20251,991
Sep 20251,920
Nov 20252,098
Jan 20262,066
Feb 20262,248
May 20262,054
Jun 20261,942
Median annual rent per sq ft (AED), by month
100120140160Oct 2024Oct 2025Oct 2026 134Oct 2024: AED 132 per sq ft / yearNov 2024: AED 139 per sq ft / yearDec 2024: AED 137 per sq ft / yearJan 2025: AED 130 per sq ft / yearFeb 2025: AED 134 per sq ft / yearMar 2025: AED 142 per sq ft / yearApr 2025: AED 140 per sq ft / yearMay 2025: AED 132 per sq ft / yearJun 2025: AED 140 per sq ft / yearJul 2025: AED 135 per sq ft / yearAug 2025: AED 137 per sq ft / yearSep 2025: AED 133 per sq ft / yearOct 2025: AED 141 per sq ft / yearNov 2025: AED 143 per sq ft / yearDec 2025: AED 140 per sq ft / yearJan 2026: AED 146 per sq ft / yearFeb 2026: AED 143 per sq ft / yearMar 2026: AED 150 per sq ft / yearApr 2026: AED 141 per sq ft / yearMay 2026: AED 116 per sq ft / yearJun 2026: AED 123 per sq ft / yearJul 2026: AED 121 per sq ft / yearAug 2026: AED 122 per sq ft / yearSep 2026: AED 120 per sq ft / yearOct 2026: AED 134 per sq ft / year
Show as table
MonthAED per sq ft / year
Oct 2024132
Nov 2024139
Dec 2024137
Jan 2025130
Feb 2025134
Mar 2025142
Apr 2025140
May 2025132
Jun 2025140
Jul 2025135
Aug 2025137
Sep 2025133
Oct 2025141
Nov 2025143
Dec 2025140
Jan 2026146
Feb 2026143
Mar 2026150
Apr 2026141
May 2026116
Jun 2026123
Jul 2026121
Aug 2026122
Sep 2026120
Oct 2026134

More in Business Bay

PARK CENTRAL, THE COURT, CAPITAL BAY A, SAFEER TOWER 1, NOBLES, THE COSMOPOLITAN, EXECUTIVE BAY B, ONTARIO TOWER, MAJESTINE, WATER'S EDGE, CAPITAL BAY B, SAFEER TOWER 2, Bayz Tower, AVANTI TOWER, ELITE BUSINESS BAY RESIDENCE, THE VOGUE, AG TOWER, REVA RESIDENCES, ZADA TOWER, MAYFAIR TOWER, Business Bay overview

Quick answers

What is the rental yield in PARAMOUNT TOWER HOTEL & RESIDENCES?

The median gross rental yield for a 2-bed apartment in PARAMOUNT TOWER HOTEL & RESIDENCES, Business Bay is 7.1%, based on DLD records for the 24 months to 5 October 2026.

How much does a 2-bed apartment in PARAMOUNT TOWER HOTEL & RESIDENCES cost?

The median sale price was AED 2.40M (AED 1,942 per sq ft) in the 24 months to 5 October 2026.