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1-bed · 843 sqftParamount Tower Hotel & Residences Downtown, Business Bay · 18th floor · completed 2022

1827, Paramount Tower Hotel & Residences Downtown

Sold prices and rental history: sold twice, last in June 2026, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1827 · DLD and Ejari recordsUpdated 16 June 2026
Last soldAED 2.02M16 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1827, Paramount Tower Hotel & Residences Downtown

What is 1827 worth today?

Last sold for AED 2,018,990 in 2026

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16 Jun 2026SoldReady
AED 2,018,990AED 2,395 per sqft
25 May 2022Sold by developerReady
AED 2,001,000AED 2,374 per sqft

Source: Dubai Land Department. Updated 16 June 2026.

Key facts

Type
1-bed hotel apartment
Size
843 sqft
Floor
18th of 63
Parking
EU
Developer
Namaa Properties Development
Completed
2022
Service charge
AED 16,800 /yr
Last sold
AED 2.02M · June 2026
Building
Paramount Tower Hotel & Residences Downtown

About 1827, Paramount Tower Hotel & Residences Downtown

1827 is a one-bedroom hotel apartment of 843 sqft on the 18th floor of Paramount Tower Hotel & Residences Downtown, a 63-storey tower in Business Bay completed in 2022 by Namaa Properties Development. It last sold on 16 June 2026 for AED 2,018,990, or AED 2,395 per sqft, 4% above the AED 2,306 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1827 over time

Sales
Unit 1827, each saleTypical one-bed in Paramount Tower Hotel & Residences Downtown
1.5M2M2016201920222025Typical sale price by year: 2016 AED 1,561,052; 2018 AED 1,202,000; 2019 AED 1,481,159; 2020 AED 1,467,000; 2021 AED 1,431,528; 2022 AED 1,680,000; 2023 AED 1,925,000; 2024 AED 2,000,000; 2025 AED 1,800,000; 2026 AED 1,750,000Sold by developer, May 2022: AED 2,001,000 (AED 2,374 per sqft)Sold, June 2026: AED 2,018,990 (AED 2,395 per sqft)

1827 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1827, each contractTypical one-bed in Paramount Tower Hotel & Residences Downtown
80K100K120K202220242026Typical rent by year: 2022 AED 81,000; 2023 AED 90,000; 2024 AED 110,000; 2025 AED 120,000; 2026 AED 105,000

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Paramount Tower Hotel & Residences Downtown, and where 1827 sits

All 174 1-beds →

1827 last sold in June 2026 at AED 2,395 per sqft, 4% above what one-beds in Paramount Tower Hotel & Residences Downtown were fetching at the time (AED 2,306). Over the last 12 months one-beds sold for AED 1,400,000 to 2,100,000, around AED 2,119 per sqft, and rent for AED 90,000 to 147,500 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
15 Oct 20261,400,000
18 May 20262,000,000
8 May 20261,650,000
19 Feb 20261,800,000
8 1-bed sales in the last 12 months

Paramount Tower Hotel & Residences Downtown

Building

784 apartments, studios to 3-bed over 63 floors in Business Bay, completed in 2022 by Namaa Properties Development. 33 sold in the last 12 months.

Typical price per sqft
AED 2,005 Up 3.3%
Typical sale
AED 2.35M
Typical rent
AED 151K /yr
Typical yield
6.6%
Paramount Tower Hotel & Residences Downtown, Business Bay: prices, sales and rents →

Other units on the 18th floor

All 784 units in Paramount Tower Hotel & Residences Downtown
Value
18011-bedAED 1.36M · Sep 2022
18021-bedAED 2.04M · Aug 2022
18031-bedAED 1.5M · Feb 2023
1804StudioAED 1.3M · Jul 2022
1805StudioAED 1.3M · Aug 2022
1806StudioAED 805K · Jul 2022
1807StudioAED 836K · May 2025
1–7 of 25

1827, Paramount Tower Hotel & Residences Downtown in numbers

  • Sold twice: first on 25 May 2022 for AED 2,001,000, last on 16 June 2026 for AED 2,018,990 (AED 2,395 per sqft).
  • One-beds in Paramount Tower Hotel & Residences Downtown sold for AED 1,400,000–2,100,000 in the 12 months to November 2026; the building's median across all types is AED 2,005 per sqft.

Source: Dubai Land Department. Updated 16 June 2026.

Questions about 1827, Paramount Tower Hotel & Residences Downtown

What did unit 1827 last sell for?

AED 2,018,990 on 16 June 2026: AED 2,395 per sqft for 843 sqft. The unit has 2 registered sales; the first was AED 2,001,000 in May 2022.

How big is unit 1827?

843 sqft (78.3 sqm): a one-bedroom hotel apartment on the 18th floor of a 63-storey tower completed in 2022.

What is unit 1827 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Paramount Tower Hotel & Residences Downtown sold for AED 1,400,000 to 2,100,000 in the last 12 months, around AED 2,119 per sqft.

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Mortgage on 1827, Paramount Tower Hotel & Residences Downtown

Starts from the last sale price (AED 2.02M, 16 June 2026). Switch to today's estimate once you have unlocked it.
Price
AED 2,018,990
Deposit, UAE resident (20%)
AED 403,798
Deposit, non-resident (40%)
AED 807,596
Monthly over 25 years at 3.7%
AED 8,260

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →