3-bed · 1,644 sqftParamount Tower Hotel & Residences Downtown, Business Bay · 38th floor · completed 2022

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.

Unit 3808 · DLD and Ejari recordsUpdated 22 August 2025
Last soldAED 2.98M22 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3808, Paramount Tower Hotel & Residences Downtown

What is 3808 worth today?

Last sold for AED 2,975,000 in 2025

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22 Aug 2025SoldReady
AED 2,975,000AED 1,809 per sqft
20 Dec 2022SoldReady
AED 2,350,000AED 1,429 per sqft
7 Apr 2020Sold by developerOff-plan
AED 2,347,632AED 1,428 per sqft

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

Sales
Unit 3808, each saleTypical three-bed in Paramount Tower Hotel & Residences Downtown
2.5M3M3.5M20152018202120242027Typical sale price by year: 2015 AED 3,427,600; 2016 AED 3,077,875; 2019 AED 2,759,000; 2020 AED 2,613,433; 2021 AED 2,579,436; 2022 AED 2,755,519; 2023 AED 2,825,000; 2024 AED 2,910,000; 2025 AED 2,962,500; 2026 AED 2,897,199Sold by developer, April 2020: AED 2,347,632 (AED 1,428 per sqft)Sold, December 2022: AED 2,350,000 (AED 1,429 per sqft)Sold, August 2025: AED 2,975,000 (AED 1,809 per sqft)

3808 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3808, each contractTypical three-bed in Paramount Tower Hotel & Residences Downtown
175K200K225K202220242026Typical rent by year: 2022 AED 167,500; 2023 AED 177,500; 2024 AED 205,000; 2025 AED 220,000; 2026 AED 210,000

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 salesUnit no.Price (AED)Summary
15 Oct 20262,742,651
9 Jun 20263,000,000
5 Jun 20262,794,398
5 Jan 20263,490,000
4 3-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
38012-bedAED 2.3M · Jul 2024
38022-bedAED 1.39M · May 2021
38032-bedAED 2.4M · Sep 2024
38042-bedAED 2.2M · Jan 2019
38052-bedAED 2.15M · Apr 2023
38063-bedAED 2.75M · Feb 2024
38073-bedAED 2.73M · Dec 2021
1–7 of 10

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 →