HomeProjectsPARAMOUNT TOWER HOTEL & RESIDENCES

PARAMOUNT TOWER HOTEL & RESIDENCES

by NAMAA PROPERTIES DEVELOPMENT L.L.C·BUSINESS BAYResidentialFreeholdOff-plan Heavy

Development & Handover Profile

✓ Handover Complete
Construction Progress100.0%
Project Start
Jul 1, 2015
Expected Handover
Mar 29, 2022
Total Units
799
Avg Unit Size
1038 sqft
Freehold Ratio
100%
Escrow Agent
Commercial Bank of Dubai
Median Price
AED 1.92M
PSF
AED 1,798/sqft
Sales 12M
16
vs Area
+38.5%
Asset Turnover
2.0%
Liquidity (12M)

Physical Inventory Profile

Total Registered Units
799
Avg Unit Size
1038 sqft
2BR
41.4%
1BR
22.0%
Studio
25.7%
3BR
9.8%
NA
1.1%

Room Configuration

Unit TypeCountShare
2BR33141.4%
Studio20525.7%
1BR17622.0%
3BR789.8%
NA91.1%

Price & Volume Trend

Unit Liquidity Matrix

Compares physical inventory against actual 12M sales volume. A Demand Index near 1.0 indicates a perfectly balanced secondary market for that unit type.

Unit TypeInventory ShareSales Share (12M)Demand IndexStatus
2BR41.9%
331 units
50.0%
20 sold
1.19✓ BALANCED
Studio25.9%
205 units
22.5%
9 sold
0.87✓ BALANCED
1BR22.3%
176 units
17.5%
7 sold
0.78⚠️ LOW DEMAND
3BR9.9%
78 units
10.0%
4 sold
1.01✓ BALANCED

Recent Transactions

DateAreaProjectRoomsPricePSFStatusOwnership
13 Aug 2026
Published 14 Aug 2026
BUSINESS BAY2BRAED 2.73MAED 1,998/sqftReadyFreehold
3 Jul 2026
Published 6 Jul 2026
BUSINESS BAYStudioAED 777KAED 1,631/sqftReadyFreehold
29 Jun 2026
BUSINESS BAY2BRAED 2.65MAED 2,059/sqftReadyFreehold
25 Jun 2026
BUSINESS BAY2BRAED 3.20MAED 2,346/sqftReadyFreehold
16 Jun 2026
BUSINESS BAY1BRAED 2.02MAED 2,396/sqftReadyFreehold
9 Jun 2026
Published 10 Jun 2026
BUSINESS BAY3BRAED 3.00MAED 1,825/sqftReadyFreehold
5 Jun 2026
BUSINESS BAY3BRAED 2.79MAED 1,700/sqftReadyFreehold
22 May 2026
Published 25 May 2026
BUSINESS BAYStudioAED 830KAED 1,596/sqftReadyFreehold
22 May 2026
Published 25 May 2026
BUSINESS BAYStudioAED 960KAED 1,531/sqftReadyFreehold
18 May 2026
BUSINESS BAY1BRAED 2.00MAED 2,054/sqftReadyFreehold
8 May 2026
BUSINESS BAY1BRAED 1.65MAED 2,423/sqftReadyFreehold
6 May 2026
BUSINESS BAY2BRAED 2.80MAED 2,053/sqftReadyFreehold
24 Feb 2026
BUSINESS BAYStudioAED 1.29MAED 2,490/sqftReadyFreehold
19 Feb 2026
BUSINESS BAYStudioAED 821KAED 1,580/sqftReadyFreehold
19 Feb 2026
Published 20 Feb 2026
BUSINESS BAY1BRAED 1.80MAED 2,005/sqftReadyFreehold
16 Feb 2026
BUSINESS BAY1BRAED 1.70MAED 2,491/sqftReadyFreehold
6 Feb 2026
BUSINESS BAY2BRAED 3.03MAED 2,595/sqftReadyFreehold
5 Feb 2026
BUSINESS BAY2BRAED 2.50MAED 1,888/sqftReadyFreehold
29 Jan 2026
Published 30 Jan 2026
BUSINESS BAY2BRAED 2.45MAED 2,066/sqftReadyFreehold
26 Jan 2026
Published 27 Jan 2026
BUSINESS BAY2BRAED 2.73MAED 2,066/sqftReadyFreehold
12 Jan 2026
Published 13 Jan 2026
BUSINESS BAY2BRAED 2.40MAED 1,966/sqftReadyFreehold
7 Jan 2026
BUSINESS BAY2BRAED 2.55MAED 2,089/sqftReadyFreehold
6 Jan 2026
BUSINESS BAY2BRAED 2.55MAED 1,883/sqftReadyFreehold
5 Jan 2026
Published 6 Jan 2026
BUSINESS BAY3BRAED 3.49MAED 2,122/sqftReadyFreehold
26 Dec 2025
BUSINESS BAYStudioAED 630KAED 1,212/sqftReadyFreehold
12 Dec 2025
BUSINESS BAY2BRAED 2.60MAED 1,940/sqftReadyFreehold
11 Dec 2025
BUSINESS BAY1BRAED 1.79MAED 1,994/sqftReadyFreehold
24 Nov 2025
BUSINESS BAY2BRAED 2.60MAED 2,019/sqftReadyFreehold
19 Nov 2025
BUSINESS BAY1BRAED 2.10MAED 2,176/sqftReadyFreehold
19 Nov 2025
BUSINESS BAYStudioAED 805KAED 1,548/sqftReadyFreehold