3807, Paramount Tower Hotel & Residences Downtown
Sold prices and rental history: sold once, by the developer in December 2021, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3807, Paramount Tower Hotel & Residences Downtown
What is 3807 worth today?
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Source: Dubai Land Department. Updated 31 July 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,645 sqft
- Floor
- 38th of 63
- Parking
- P2-04
- Developer
- Namaa Properties Development
- Completed
- 2022
- Service charge
- AED 32,800 /yr
- Last sold
- AED 2.73M · December 2021
About 3807, Paramount Tower Hotel & Residences Downtown
3807 is a three-bedroom apartment of 1,645 sqft on the 38th 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 7 December 2021 for AED 2,729,103, or AED 1,658 per sqft, 5% above the AED 1,584 three-beds in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 31 July 2025, is AED 220,000 a year: a gross yield of 8.1% on the 2021 price, before the service charge of about AED 32,800 a year.
Sales and rents for 3807 over time
3807 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Paramount Tower Hotel & Residences Downtown, and where 3807 sits
All 78 3-beds →3807 last sold in December 2021 at AED 1,658 per sqft, 5% above what three-beds in Paramount Tower Hotel & Residences Downtown were fetching at the time (AED 1,584). Over the last 12 months three-beds sold for AED 2,742,651 to 3,490,000, around AED 1,763 per sqft, and rent for AED 72,000 to 270,000 a year. 3807's AED 220,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Oct 202615 October 2026 | 1,644 sqft | 2,742,651 | 1,668 | ||
| 9 Jun 20269 June 2026 | 1,644 sqft | 3,000,000 | 1,825 | ||
| 5 Jun 20265 June 2026 | 1,644 sqft | 2,794,398 | 1,700 | ||
| 5 Jan 20265 January 2026 | 1,645 sqft | 3,490,000 | 2,121 |
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 38th floor
All 784 units in Paramount Tower Hotel & Residences Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3801 | 2-bed | 1,341 sqft | AED 2.3MAED 2,300,000 · Jul 2024July 2024 | 180,000 /yr | |
| 3802 | 2-bed | 1,167 sqft | AED 1.39MAED 1,390,000 · May 2021May 2021 | 155,000 /yr | |
| 3803 | 2-bed | 1,121 sqft | AED 2.4MAED 2,400,000 · Sep 2024September 2024 | 131,470 /yr | |
| 3804 | 2-bed | 1,107 sqft | AED 2.2MAED 2,200,000 · Jan 2019January 2019 | 160,000 /yr | |
| 3805 | 2-bed | 1,166 sqft | AED 2.15MAED 2,150,000 · Apr 2023April 2023 | ||
| 3806 | 3-bed | 1,586 sqft | AED 2.75MAED 2,750,000 · Feb 2024February 2024 | 220,000 /yr | |
| 3808 | 3-bed | 1,644 sqft | AED 2.98MAED 2,975,000 · Aug 2025August 2025 | ||
| 3809 | 2-bed | 1,221 sqft | AED 2.5MAED 2,500,000 · Jun 2023June 2023 | 160,000 /yr | |
| 3810 | 2-bed | 1,186 sqft | AED 2.4MAED 2,400,000 · Aug 2025August 2025 | 175,151 /yr | |
| 3811 | 2-bed | 1,331 sqft | AED 1.74MAED 1,739,358 · Feb 2020February 2020 |
3807, Paramount Tower Hotel & Residences Downtown in numbers
- Sold once: by Namaa Properties Development on 7 December 2021 for AED 2,729,103, or AED 1,658 per sqft.
- Rented since July 2025 on 2 Ejari contracts, at AED 220,000 a year.
- At AED 220,000 a year the gross yield on the 2021 price is 8.1%, before a service charge of about AED 32,800 a year (AED 19.93 per sqft).
- Three-beds in Paramount Tower Hotel & Residences Downtown sold for AED 2,742,651–3,490,000 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 31 July 2025.
Questions about 3807, Paramount Tower Hotel & Residences Downtown
What did unit 3807 last sell for?
AED 2,729,103 on 7 December 2021, sold by the developer: AED 1,658 per sqft for 1,645 sqft. It is the only registered sale of the unit.
What is the rent for unit 3807?
AED 220,000 a year on the contract signed on 31 July 2025. The previous contract, from July 2025, was AED 220,000.
How big is unit 3807?
1,645 sqft (152.8 sqm): a three-bedroom apartment on the 38th floor of a 63-storey tower completed in 2022.
What is unit 3807 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Paramount Tower Hotel & Residences Downtown sold for AED 2,742,651 to 3,490,000 in the last 12 months, around AED 1,763 per sqft.
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Mortgage on 3807, Paramount Tower Hotel & Residences Downtown
Starts from the last sale price (AED 2.73M, 7 December 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 2,729,103
- Deposit, UAE resident (20%)
- AED 545,821
- Deposit, non-resident (40%)
- AED 1,091,641
- Monthly over 25 years at 3.7%
- AED 11,166
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →