3609, Paramount Tower Hotel & Residences Downtown
Sold prices and rental history: sold once, by the developer in October 2021, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3609, Paramount Tower Hotel & Residences Downtown
What is 3609 worth today?
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Source: Dubai Land Department. Updated 6 July 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,324 sqft
- Floor
- 36th of 63
- Parking
- P8-20
- Developer
- Namaa Properties Development
- Completed
- 2022
- Service charge
- AED 26,400 /yr
- Last sold
- AED 2.08M · October 2021
About 3609, Paramount Tower Hotel & Residences Downtown
3609 is a two-bedroom apartment of 1,324 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. The developer sold it on 14 October 2021 for AED 2,078,184, or AED 1,569 per sqft, in line with the AED 1,574 two-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 6 July 2026, is AED 150,000 a year: a gross yield of 7.2% on the 2021 price, before the service charge of about AED 26,400 a year.
Sales and rents for 3609 over time
3609 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Paramount Tower Hotel & Residences Downtown, and where 3609 sits
All 329 2-beds →3609 last sold in October 2021 at AED 1,569 per sqft, in line with what two-beds in Paramount Tower Hotel & Residences Downtown were fetching at the time (AED 1,574). Over the last 12 months two-beds sold for AED 2,250,000 to 3,200,000, around AED 2,016 per sqft, and rent for AED 100,000 to 220,000 a year. 3609's AED 150,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Sep 20267 September 2026 | 1,167 sqft | 2,350,000 | 2,013 | ||
| 13 Aug 202613 August 2026 | 1,364 sqft | 2,725,000 | 1,997 | ||
| 25 Jun 202625 June 2026 | 1,364 sqft | 3,200,000 | 2,346 | ||
| 6 May 20266 May 2026 | 1,364 sqft | 2,800,000 | 2,052 |
Paramount Tower Hotel & Residences Downtown
Building784 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%
Other units on the 36th floor
All 784 units in Paramount Tower Hotel & Residences Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3601 | 1-bed | 1,120 sqft | AED 1.85MAED 1,850,000 · May 2023May 2023 | ||
| 3602 | 2-bed | 1,300 sqft | AED 2.45MAED 2,450,000 · Feb 2023February 2023 | 175,000 /yr | |
| 3603 | 2-bed | 1,288 sqft | AED 2.45MAED 2,450,000 · Feb 2023February 2023 | 160,000 /yr | |
| 3604 | 2-bed | 1,320 sqft | AED 2.23MAED 2,228,000 · Oct 2019October 2019 | 132,000 /yr | |
| 3605 | 2-bed | 1,364 sqft | AED 2.7MAED 2,700,000 · Feb 2024February 2024 | 140,000 /yr | |
| 3606 | 2-bed | 1,250 sqft | AED 2.09MAED 2,090,000 · Aug 2021August 2021 | 170,000 /yr | |
| 3607 | 1-bed | 968 sqft | AED 1.6MAED 1,600,000 · Mar 2025March 2025 | ||
| 3608 | 1-bed | 970 sqft | AED 1.7MAED 1,700,000 · Mar 2025March 2025 | 120,000 /yr | |
| 3610 | 2-bed | 1,415 sqft | AED 2.32MAED 2,315,000 · Sep 2019September 2019 | 165,000 /yr | |
| 3611 | Studio | 692 sqft | AED 1.27MAED 1,266,000 · Jul 2019July 2019 | 80,000 /yr |
3609, Paramount Tower Hotel & Residences Downtown in numbers
- Sold once: by Namaa Properties Development on 14 October 2021 for AED 2,078,184, or AED 1,569 per sqft.
- Rented since November 2022 on 5 Ejari contracts, from AED 135,000 to AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2021 price is 7.2%, before a service charge of about AED 26,400 a year (AED 19.93 per sqft).
- Two-beds in Paramount Tower Hotel & Residences Downtown sold for AED 2,250,000–3,200,000 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 6 July 2026.
Questions about 3609, Paramount Tower Hotel & Residences Downtown
What did unit 3609 last sell for?
AED 2,078,184 on 14 October 2021, sold by the developer: AED 1,569 per sqft for 1,324 sqft. It is the only registered sale of the unit.
What is the rent for unit 3609?
AED 150,000 a year on the contract signed on 6 July 2026. The previous contract, from November 2025, was AED 180,000; the unit has been rented since November 2022.
How big is unit 3609?
1,324 sqft (123.0 sqm): a two-bedroom apartment on the 36th floor of a 63-storey tower completed in 2022.
What is unit 3609 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Paramount Tower Hotel & Residences Downtown sold for AED 2,250,000 to 3,200,000 in the last 12 months, around AED 2,016 per sqft.
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Mortgage on 3609, Paramount Tower Hotel & Residences Downtown
Starts from the last sale price (AED 2.08M, 14 October 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 2,078,184
- Deposit, UAE resident (20%)
- AED 415,637
- Deposit, non-resident (40%)
- AED 831,274
- Monthly over 25 years at 3.7%
- AED 8,502
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →