2-bed · 1,415 sqftParamount Tower Hotel & Residences Downtown, Business Bay · 36th floor · completed 2022

3610, Paramount Tower Hotel & Residences Downtown

Sold prices and rental history: sold once, by the developer in September 2019, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3610 · DLD and Ejari recordsUpdated 3 May 2026
Last soldAED 2.32M23 September 2019
Current rentAED 165K /yr3 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3610, Paramount Tower Hotel & Residences Downtown

What is 3610 worth today?

Last sold for AED 2,315,000 in 2019

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3 May 2026RentedNew contract
AED 165,000/yr12 months · AED 117 per sqft
26 Apr 2025RentedNew contract
AED 160,000/yr12 months · AED 113 per sqft
26 Apr 2025RentedNew contract
AED 160,000/yr12 months · AED 113 per sqft
23 Sep 2019Sold by developerOff-plan
AED 2,315,000AED 1,636 per sqft

Source: Dubai Land Department. Updated 3 May 2026.

Key facts

Type
2-bed apartment
Size
1,415 sqft
Floor
36th of 63
Parking
P8-21
Developer
Namaa Properties Development
Completed
2022
Service charge
AED 28,200 /yr
Last sold
AED 2.32M · September 2019

About 3610, Paramount Tower Hotel & Residences Downtown

3610 is a two-bedroom apartment of 1,415 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 23 September 2019 for AED 2,315,000, or AED 1,636 per sqft, 7% below the AED 1,764 two-beds in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 3 May 2026, is AED 165,000 a year: a gross yield of 7.1% on the 2019 price, before the service charge of about AED 28,200 a year.

Sales and rents for 3610 over time

Sales
Unit 3610, each saleTypical two-bed in Paramount Tower Hotel & Residences Downtown
2M2.5M20152018202120242027Typical sale price by year: 2015 AED 2,242,950; 2016 AED 2,208,745; 2017 AED 2,214,000; 2018 AED 2,293,890; 2019 AED 2,144,000; 2020 AED 1,660,497; 2021 AED 1,965,408; 2022 AED 2,000,050; 2023 AED 2,150,000; 2024 AED 2,350,000; 2025 AED 2,400,000; 2026 AED 2,550,000Sold by developer, September 2019: AED 2,315,000 (AED 1,636 per sqft)

3610 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3610, each contractTypical two-bed in Paramount Tower Hotel & Residences Downtown
125K150K175K202220242026Typical rent by year: 2022 AED 120,000; 2023 AED 140,000; 2024 AED 166,500; 2025 AED 175,000; 2026 AED 155,000New contract, April 2025: AED 160,000 a yearNew contract, April 2025: AED 160,000 a yearNew contract, May 2026: AED 165,000 a year

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 3610 sits

All 329 2-beds →

3610 last sold in September 2019 at AED 1,636 per sqft, 7% below what two-beds in Paramount Tower Hotel & Residences Downtown were fetching at the time (AED 1,764). 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. 3610's AED 165,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Sep 20262,350,000
13 Aug 20262,725,000
25 Jun 20263,200,000
6 May 20262,800,000
14 2-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
36071-bedAED 1.6M · Mar 2025
1–7 of 10

3610, Paramount Tower Hotel & Residences Downtown in numbers

  • Sold once: by Namaa Properties Development on 23 September 2019 for AED 2,315,000, or AED 1,636 per sqft.
  • Rented since April 2025 on 3 Ejari contracts, from AED 160,000 to AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2019 price is 7.1%, before a service charge of about AED 28,200 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 3 May 2026.

Questions about 3610, Paramount Tower Hotel & Residences Downtown

What did unit 3610 last sell for?

AED 2,315,000 on 23 September 2019, sold by the developer: AED 1,636 per sqft for 1,415 sqft. It is the only registered sale of the unit.

What is the rent for unit 3610?

AED 165,000 a year on the contract signed on 3 May 2026. The previous contract, from April 2025, was AED 160,000; the unit has been rented since April 2025.

How big is unit 3610?

1,415 sqft (131.5 sqm): a two-bedroom apartment on the 36th floor of a 63-storey tower completed in 2022.

What is unit 3610 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 3610, Paramount Tower Hotel & Residences Downtown

Starts from the last sale price (AED 2.32M, 23 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,315,000
Deposit, UAE resident (20%)
AED 463,000
Deposit, non-resident (40%)
AED 926,000
Monthly over 25 years at 3.7%
AED 9,471

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