1-bed · 968 sqftParamount Tower Hotel & Residences Downtown, Business Bay · 36th floor · completed 2022

3607, Paramount Tower Hotel & Residences Downtown

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

Unit 3607 · DLD and Ejari recordsUpdated 20 March 2025
Last soldAED 1.6M20 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3607, Paramount Tower Hotel & Residences Downtown

What is 3607 worth today?

Last sold for AED 1,600,000 in 2025

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20 Mar 2025SoldReady
AED 1,600,000AED 1,652 per sqft
16 Aug 2021Sold by developerOff-plan
AED 1,571,718AED 1,622 per sqft

Source: Dubai Land Department. Updated 20 March 2025.

Key facts

Type
1-bed apartment
Size
968 sqft
Floor
36th of 63
Parking
P8-18
Developer
Namaa Properties Development
Completed
2022
Service charge
AED 19,300 /yr
Last sold
AED 1.6M · March 2025

About 3607, Paramount Tower Hotel & Residences Downtown

3607 is a one-bedroom apartment of 968 sqft on the 36th 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 20 March 2025 for AED 1,600,000, or AED 1,652 per sqft, 21% below the AED 2,101 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3607 over time

Sales
Unit 3607, 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, August 2021: AED 1,571,718 (AED 1,622 per sqft)Sold, March 2025: AED 1,600,000 (AED 1,652 per sqft)

3607 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3607, 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 3607 sits

All 174 1-beds →

3607 last sold in March 2025 at AED 1,652 per sqft, 21% below what one-beds in Paramount Tower Hotel & Residences Downtown were fetching at the time (AED 2,101). 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
16 Jun 20262,018,990
18 May 20262,000,000
8 May 20261,650,000
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 →
Value
36011-bedAED 1.85M · May 2023
36022-bedAED 2.45M · Feb 2023
36032-bedAED 2.45M · Feb 2023
36042-bedAED 2.23M · Oct 2019
36052-bedAED 2.7M · Feb 2024
36062-bedAED 2.09M · Aug 2021
36081-bedAED 1.7M · Mar 2025
1–7 of 10

3607, Paramount Tower Hotel & Residences Downtown in numbers

  • Sold twice: first on 16 August 2021 for AED 1,571,718, last on 20 March 2025 for AED 1,600,000 (AED 1,652 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 20 March 2025.

Questions about 3607, Paramount Tower Hotel & Residences Downtown

What did unit 3607 last sell for?

AED 1,600,000 on 20 March 2025: AED 1,652 per sqft for 968 sqft. The unit has 2 registered sales; the first was AED 1,571,718 in August 2021.

How big is unit 3607?

968 sqft (89.9 sqm): a one-bedroom apartment on the 36th floor of a 63-storey tower completed in 2022.

What is unit 3607 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 3607, Paramount Tower Hotel & Residences Downtown

Starts from the last sale price (AED 1.6M, 20 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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