Business Bay project evidence

PARAMOUNT TOWER HOTEL & RESIDENCES in Business Bay: Transaction Prices & Market Data

Historical transaction evidence for agent pricing and client conversations.

Create a CMAExplore Business Bay

PARAMOUNT TOWER HOTEL & RESIDENCES market snapshot

Aggregate transactions

829

Aggregate transaction value

1.5B AED

Aggregate median price

19,010 AED/sqm

Sampled middle range

16,361.41–23,644.99 AED/sqm

454 sampled rows

Historical transactions for PARAMOUNT TOWER HOTEL & RESIDENCES

DateAreaProject / BuildingTypeAED/sqmPrice
2023-03-16Business BayPARAMOUNT TOWER HOTEL & RESIDENCESUnit25,540 AED/sqm2.5M AED
2023-03-16Business BayPARAMOUNT TOWER HOTEL & RESIDENCESUnit25,540 AED/sqm2.5M AED
2023-03-14Business BayPARAMOUNT TOWER HOTEL & RESIDENCESUnit25,519 AED/sqm2.5M AED
2023-03-14Business BayPARAMOUNT TOWER HOTEL & RESIDENCESUnit25,519 AED/sqm2.5M AED
2023-03-14Business BayPARAMOUNT TOWER HOTEL & RESIDENCESUnit25,537 AED/sqm2.4M AED
2023-03-14Business BayPARAMOUNT TOWER HOTEL & RESIDENCESUnit25,523 AED/sqm2.1M AED
2023-03-13Business BayPARAMOUNT TOWER HOTEL & RESIDENCESUnit20,159 AED/sqm2.1M AED
2023-03-10Business BayPARAMOUNT TOWER HOTEL & RESIDENCESUnit22,867 AED/sqm1.4M AED
2023-03-08Business BayPARAMOUNT TOWER HOTEL & RESIDENCESUnit26,806 AED/sqm1.3M AED
2023-03-07Business BayPARAMOUNT TOWER HOTEL & RESIDENCESUnit20,639 AED/sqm2.1M AED
2023-03-07Business BayPARAMOUNT TOWER HOTEL & RESIDENCESUnit17,647 AED/sqm2.6M AED
2023-02-28Business BayPARAMOUNT TOWER HOTEL & RESIDENCESUnit20,691 AED/sqm2.0M AED

Comparable projects in Business Bay

J ONE

308 transactions · 18,919 AED/sqm median

15 Northside

414 transactions · 18,855 AED/sqm median

MARQUISE SQUARE TOWER

486 transactions · 19,220 AED/sqm median

URBAN OASIS

432 transactions · 18,793 AED/sqm median

AYKON CITY 2

1,040 transactions · 18,703 AED/sqm median

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