Project · Transactions · 2018

Paramount Tower Hotel & Residences Property Transactions 2018

10 property sales worth ⃃ 17.86M were registered in Paramount Tower Hotel & Residences in 2018, unchanged from 2017 by number of sales. The median sale price was ⃃ 1,411,675 and the median price per square foot ⃃ 1,866 (−13.7% on 2017).

Period: 1 Jan – 31 Dec 2018Compared with: 2017Sample: 10 salesUpdated: 18 Oct 2026
Property sales
10
0.0% vs 2017
1 Jan – 31 Dec 2018
Total value
⃃ 17.86M
−2.2% vs 2017
1 Jan – 31 Dec 2018
Median sale price
⃃ 1,411,675
−16.7% vs 2017
10 sales
Median price per sq ft
⃃ 1,866
−13.7% vs 2017
10 sales

What types of property sold in Paramount Tower Hotel & Residences in 2018?

1 Jan – 31 Dec 2018

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments10100%⃃ 17.86M⃃ 1,411,675⃃ 1,866

How were 2018 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)990%⃃ 16.4M⃃ 1,366,200⃃ 1,962
Resale (secondary)110%⃃ 1.46M⃃ 1,457,150⃃ 1,229
Off-plan10100%⃃ 17.86M⃃ 1,411,675⃃ 1,866

What were the most expensive property sales in Paramount Tower Hotel & Residences in 2018?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
29/05/2018Paramount Tower Hotel & Residences3 beds · Apartment1,586 sq ft⃃ 3,254,000Primary · Off-plan
10/01/2018Paramount Tower Hotel & Residences2 beds · Apartment1,186 sq ft⃃ 2,433,000Primary · Off-plan
17/12/2018Paramount Tower Hotel & Residences2 beds · Apartment1,176 sq ft⃃ 2,388,000Primary · Off-plan
06/09/2018Paramount Tower Hotel & Residences2 beds · Apartment1,121 sq ft⃃ 2,199,780Primary · Off-plan
09/08/2018Paramount Tower Hotel & Residences2 beds · Apartment1,186 sq ft⃃ 1,457,150Resale · Off-plan
11/09/2018Paramount Tower Hotel & Residences1 bed · Apartment679 sq ft⃃ 1,366,200Primary · Off-plan
18/12/2018Paramount Tower Hotel & Residences1 bed · Apartment681 sq ft⃃ 1,205,000Primary · Off-plan
25/12/2018Paramount Tower Hotel & Residences1 bed · Apartment681 sq ft⃃ 1,202,000Primary · Off-plan
11/09/2018Paramount Tower Hotel & Residences1 bed · Apartment681 sq ft⃃ 1,177,000Primary · Off-plan
18/12/2018Paramount Tower Hotel & Residences1 bed · Apartment681 sq ft⃃ 1,175,000Primary · Off-plan

What were the last registered sales of 2018?

DatePropertyTypeSizePriceMarket
25/12/2018Paramount Tower Hotel & Residences1 bed · Apartment681 sq ft⃃ 1,202,000Primary · Off-plan
18/12/2018Paramount Tower Hotel & Residences1 bed · Apartment681 sq ft⃃ 1,205,000Primary · Off-plan
18/12/2018Paramount Tower Hotel & Residences1 bed · Apartment681 sq ft⃃ 1,175,000Primary · Off-plan
17/12/2018Paramount Tower Hotel & Residences2 beds · Apartment1,176 sq ft⃃ 2,388,000Primary · Off-plan
11/09/2018Paramount Tower Hotel & Residences1 bed · Apartment679 sq ft⃃ 1,366,200Primary · Off-plan
11/09/2018Paramount Tower Hotel & Residences1 bed · Apartment681 sq ft⃃ 1,177,000Primary · Off-plan
06/09/2018Paramount Tower Hotel & Residences2 beds · Apartment1,121 sq ft⃃ 2,199,780Primary · Off-plan
09/08/2018Paramount Tower Hotel & Residences2 beds · Apartment1,186 sq ft⃃ 1,457,150Resale · Off-plan
29/05/2018Paramount Tower Hotel & Residences3 beds · Apartment1,586 sq ft⃃ 3,254,000Primary · Off-plan
10/01/2018Paramount Tower Hotel & Residences2 beds · Apartment1,186 sq ft⃃ 2,433,000Primary · Off-plan

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 2018 with the whole of 2017.
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/2018
Paramount Tower Hotel & Residences Property Transactions 2018. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/paramount-tower-hotel-residences/2018

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 2018?
10 property sales worth ⃃ 17,857,130 were registered in Paramount Tower Hotel & Residences in 2018. That is unchanged from 2017.
What was the median property price in Paramount Tower Hotel & Residences in 2018?
The median sale price was ⃃ 1,411,675 and the median price per square foot ⃃ 1,866 (1 Jan – 31 Dec 2018).
What share of 2018 sales in Paramount Tower Hotel & Residences were off-plan or from developers?
Developer (primary) sales were 90% of the 10 sales and resales 10%. Off-plan units made up 100% and ready units —. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/paramount-tower-hotel-residences/2018