Studio · 518 sqftParamount Tower Hotel & Residences Downtown, Business Bay · 24th floor · completed 2022

2413, Paramount Tower Hotel & Residences Downtown

Sold prices and rental history: sold twice, last in July 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2413 · DLD and Ejari recordsUpdated 30 July 2025
Last soldAED 1.29M30 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2413, Paramount Tower Hotel & Residences Downtown

What is 2413 worth today?

Last sold for AED 1,291,000 in 2025

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30 Jul 2025SoldReady
AED 1,291,000AED 2,490 per sqft
31 Mar 2022Sold by developerReady
AED 1,142,000AED 2,203 per sqft

Source: Dubai Land Department. Updated 30 July 2025.

Key facts

Type
Studio hotel apartment
Size
518 sqft
Floor
24th of 63
Parking
EU
Developer
Namaa Properties Development
Completed
2022
Service charge
AED 10,300 /yr
Last sold
AED 1.29M · July 2025

About 2413, Paramount Tower Hotel & Residences Downtown

2413 is a studio of 518 sqft on the 24th 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 30 July 2025 for AED 1,291,000, or AED 2,490 per sqft, 21% above the AED 2,053 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2413 over time

Sales
Unit 2413, each saleTypical studio in Paramount Tower Hotel & Residences Downtown
750K1M1.25M2016201920222025Typical sale price by year: 2016 AED 1,200,000; 2017 AED 1,200,000; 2019 AED 1,179,500; 2020 AED 1,199,000; 2021 AED 1,100,000; 2022 AED 1,146,000; 2023 AED 1,295,000; 2024 AED 1,095,000; 2025 AED 936,139; 2026 AED 830,484Sold by developer, March 2022: AED 1,142,000 (AED 2,203 per sqft)Sold, July 2025: AED 1,291,000 (AED 2,490 per sqft)

2413 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2413, each contractTypical studio in Paramount Tower Hotel & Residences Downtown
60K80K202220242026Typical rent by year: 2022 AED 55,000; 2023 AED 70,000; 2024 AED 84,000; 2025 AED 80,000; 2026 AED 70,000

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

Studios in Paramount Tower Hotel & Residences Downtown, and where 2413 sits

All 203 studios →

2413 last sold in July 2025 at AED 2,490 per sqft, 21% above what studios in Paramount Tower Hotel & Residences Downtown were fetching at the time (AED 2,053). Over the last 12 months studios sold for AED 630,000 to 1,295,000, around AED 1,579 per sqft, and rent for AED 65,000 to 90,000 a year.

Recent studio salesUnit no.Price (AED)Summary
3 Jul 2026777,215
22 May 2026960,367
22 May 2026830,484
24 Feb 20261,295,000
7 studio 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 →
Value
24011-bedAED 2.09M · Aug 2022
24021-bedAED 1.54M · Feb 2021
24031-bedAED 2.38M · Sep 2022
2404StudioAED 889K · Sep 2019
2405StudioAED 1.2M · Mar 2020
2406StudioAED 1.5M · Aug 2016
2407StudioAED 1.2M · Nov 2019
1–7 of 26

2413, Paramount Tower Hotel & Residences Downtown in numbers

  • Sold twice: first on 31 March 2022 for AED 1,142,000, last on 30 July 2025 for AED 1,291,000 (AED 2,490 per sqft).
  • Studios in Paramount Tower Hotel & Residences Downtown sold for AED 630,000–1,295,000 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 30 July 2025.

Questions about 2413, Paramount Tower Hotel & Residences Downtown

What did unit 2413 last sell for?

AED 1,291,000 on 30 July 2025: AED 2,490 per sqft for 518 sqft. The unit has 2 registered sales; the first was AED 1,142,000 in March 2022.

How big is unit 2413?

518 sqft (48.1 sqm): a studio on the 24th floor of a 63-storey tower completed in 2022.

What is unit 2413 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Paramount Tower Hotel & Residences Downtown sold for AED 630,000 to 1,295,000 in the last 12 months, around AED 1,579 per sqft.

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Mortgage on 2413, Paramount Tower Hotel & Residences Downtown

Starts from the last sale price (AED 1.29M, 30 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,291,000
Deposit, UAE resident (20%)
AED 258,200
Deposit, non-resident (40%)
AED 516,400
Monthly over 25 years at 3.7%
AED 5,282

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