
3808, Paramount Tower Hotel & Residences Downtown
Sold prices and rental history: sold 3 times, last in August 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3808, Paramount Tower Hotel & Residences Downtown
What is 3808 worth today?
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Source: Dubai Land Department. Updated 22 August 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,644 sqft
- Floor
- 38th of 63
- Parking
- P2-05
- Developer
- Namaa Properties Development
- Completed
- 2022
- Service charge
- AED 32,800 /yr
- Last sold
- AED 2.98M · August 2025
About 3808, Paramount Tower Hotel & Residences Downtown
3808 is a three-bedroom apartment of 1,644 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. It last sold on 22 August 2025 for AED 2,975,000, or AED 1,809 per sqft, in line with the AED 1,802 three-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 3808 over time
3808 has sold 3 times; 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 3808 sits
All 78 3-beds →3808 last sold in August 2025 at AED 1,809 per sqft, in line with what three-beds in Paramount Tower Hotel & Residences Downtown were fetching at the time (AED 1,802). 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.
| 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 | |
| 3807 | 3-bed | 1,645 sqft | AED 2.73MAED 2,729,103 · Dec 2021December 2021 | 220,000 /yr | |
| 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 |
3808, Paramount Tower Hotel & Residences Downtown in numbers
- Sold 3 times: first on 7 April 2020 for AED 2,347,632, last on 22 August 2025 for AED 2,975,000 (AED 1,809 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 22 August 2025.
Questions about 3808, Paramount Tower Hotel & Residences Downtown
What did unit 3808 last sell for?
AED 2,975,000 on 22 August 2025: AED 1,809 per sqft for 1,644 sqft. The unit has 3 registered sales; the first was AED 2,347,632 in April 2020.
How big is unit 3808?
1,644 sqft (152.7 sqm): a three-bedroom apartment on the 38th floor of a 63-storey tower completed in 2022.
What is unit 3808 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 3808, Paramount Tower Hotel & Residences Downtown
Starts from the last sale price (AED 2.98M, 22 August 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,975,000
- Deposit, UAE resident (20%)
- AED 595,000
- Deposit, non-resident (40%)
- AED 1,190,000
- Monthly over 25 years at 3.7%
- AED 12,172
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →