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Paramount Tower Hotel & Residences rent: what tenants really pay
Rent in Paramount Tower Hotel & Residences, Business Bay: 1-bed AED 110,000, 2-bed AED 160,000, 3-bed AED 225,000 a year. These are medians of 292 Ejari leases signed 16 Oct 2025–15 Oct 2026. Per sq ft, a 2-bed here is AED 131, against AED 96 across Business Bay. About 115 homes here are advertised for rent now.
Updated 21 Oct 2026 · Source: Dubai Land Department Ejari leases and listing-site adverts · Method
“Paramount Tower Hotel & Residences: you pay a premium per sq ft here, so check the view and the unit before you sign. Lots of homes are on the market; offer at the signed figure, not the advert. Ask the agent what the last tenant signed, then use the table below.”
Know the rent before you sign
What tenants in this building really paid, what landlords ask, and how hard to push.
What the leases say about Paramount Tower Hotel & Residences
- Per sq ft, a 2-bed here costs 37% more than the Business Bay median: AED 131 against AED 96. It is number 42 of 55 Business Bay buildings, cheapest first.
- Homes here are smaller than usual. The median 2-bed here is 1,288 sq ft. That is 5% below the Business Bay median of 1,356 sq ft.
- New 1-bed tenants pay AED 110,000, renewing tenants AED 113,750. For the same home, renewing is more expensive than moving in: a new tenant pays 6% less.
- New-lease rent per sq ft fell 4% on the year, to AED 134 a sq ft.
- About 115 homes are advertised for rent against 292 leases signed in a year: a lot of choice, so there is room to negotiate.
- 55 leases end in the next 60 days, so more homes may become available soon.
Rent in Paramount Tower Hotel & Residences by bedrooms
AED a year, medians. Signed: Ejari leases 16 Oct 2025–15 Oct 2026. Asking: adverts on 16 Oct 2026, matched by building name.
| Home | New lease | Renewal | Asking | Size sq ft | AED / sq ft | Leases |
|---|---|---|---|---|---|---|
| 1-bed | 110,000 | 113,750 | 110,000 | 697 | 145 | 64 |
| 2-bed | 160,000 | 170,000 | 160,000 | 1,288 | 131 | 189 |
| 3-bed | 225,000 | 205,000 | 240,000 | 1,644 | 128 | 35 |
Where Paramount Tower Hotel & Residences is, and the buildings around it
We do not hold the exact position of Paramount Tower Hotel & Residences yet; the map shows Business Bay.
Click a building to see its rents. Rents shown are median new leases, 16 Oct 2025–15 Oct 2026.
Finding
A new 1-bed tenant in Paramount Tower Hotel & Residences pays 6% less than a renewing one for the same home.
New lease against renewal: same building, same bedrooms, size within 15%
- For a 1-bed in this building, new tenants pay less than renewing tenants.
- If you renew, ask for the new-lease price.
- The renewal figure shows what the landlord accepts from tenants he wants to keep.
- Renew or move →
Finding
New-lease rent per sq ft in Paramount Tower Hotel & Residences fell 4% on the year.
Median new lease, AED a sq ft, by quarter
AED 134 a sq ft in the 12 months to 15 Oct 2026, against AED 140 the year before. Quarters with fewer than 10 new leases are left out of the chart.
Supply
55 leases in Paramount Tower Hotel & Residences end in the next 60 days.
Leases ending soon: homes that may become available
Some will renew, some will come back to the market. More homes free means more room to negotiate. Ask agents about units with a lease ending soon.
Compare: other Business Bay buildings, 2-bed
| Building | New lease | Size sq ft | AED / sq ft | Leases |
|---|---|---|---|---|
| West Five Business Bay Residences | 160,000 | 1,245 | 132 | 11 |
| Prive By Damac | 157,500 | 1,381 | 116 | 38 |
| Binghatti Canal | 157,500 | 1,326 | 123 | 34 |
| U-Bora Towers | 162,500 | 1,586 | 88 | 26 |
| The Sterling East House | 162,500 | 1,665 | 120 | 19 |
| Peninsula Three | 165,000 | 946 | 168 | 66 |
| Marquise Square Tower | 155,000 | 1,482 | 107 | 49 |
| 15 Northside | 168,661 | 1,129 | 147 | 34 |
Buying in Business Bay? Sale prices, every tower, resale and off-plan: Business Bay on BUY DUBAI →
Questions
How much is rent in Paramount Tower Hotel & Residences?
Rent in Paramount Tower Hotel & Residences, Business Bay: 1-bed AED 110,000, 2-bed AED 160,000, 3-bed AED 225,000 a year. These are medians of 292 Ejari leases signed 16 Oct 2025–15 Oct 2026. Per sq ft, a 2-bed here is AED 131, against AED 96 across Business Bay. About 115 homes here are advertised for rent now.
How much is a 1 bedroom in Paramount Tower Hotel & Residences?
The median rent for a new 1-bed lease in Paramount Tower Hotel & Residences is AED 110,000 a year (AED 9,167 a month). The median size is 697 sq ft. This is from 40 new leases, 16 Oct 2025–15 Oct 2026.
How much is a 2 bedroom in Paramount Tower Hotel & Residences?
The median rent for a new 2-bed lease in Paramount Tower Hotel & Residences is AED 160,000 a year (AED 13,333 a month). The median size is 1,288 sq ft. This is from 108 new leases, 16 Oct 2025–15 Oct 2026.
How much is a 3 bedroom in Paramount Tower Hotel & Residences?
The median rent for a new 3-bed lease in Paramount Tower Hotel & Residences is AED 225,000 a year (AED 18,750 a month). The median size is 1,644 sq ft. This is from 17 new leases, 16 Oct 2025–15 Oct 2026.
Is it cheaper to renew or move in Paramount Tower Hotel & Residences?
For a 1-bed, new tenants pay a median AED 110,000 and renewing tenants AED 113,750. For the same home, a new tenant pays 6% less.
Is rent going up in Paramount Tower Hotel & Residences?
Rent per sq ft on new leases in Paramount Tower Hotel & Residences: AED 134 in the 12 months to 15 Oct 2026, against AED 140 the year before.
What are the alternatives to Paramount Tower Hotel & Residences in Business Bay?
Similar rent for a 2-bed: West Five Business Bay Residences AED 160,000, Prive By Damac AED 157,500, Binghatti Canal AED 157,500, U-Bora Towers AED 162,500.
How we worked it out, and the limits
Updated 21 Oct 2026. Source: Dubai Land Department Ejari rent contracts. We use homes only, one unit for each contract, starting 16 Oct 2025–15 Oct 2026. "New" is a new tenant or a new contract. "Renewal" is the same contract, renewed. Bedrooms come from the Ejari unit type. "3 bed" means 3 or more. Every rent is a median: half the leases are above it. A figure needs 10 or more leases. A page needs 30 or more.
This building. Leases are matched by the Ejari project name "PARAMOUNT TOWER HOTEL & RESIDENCES". 292 leases 16 Oct 2025–15 Oct 2026, 169 new. First leases in our records: 2024. Adverts are matched by name and may include a neighbouring building.
Full method: What the leases say → · Checking a rent rise? Rent increase calculator →
Sale prices, resale and off-plan, tower facts and developer photos: BUY DUBAI, our sister site for buyers. Rents: Dubai Land Department Ejari leases.