3901, Paramount Tower Hotel & Residences Downtown
Sold prices and rental history: sold 3 times, last in July 2024, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3901, Paramount Tower Hotel & Residences Downtown
What is 3901 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 15 April 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,339 sqft
- Floor
- 39th of 63
- Parking
- P7-41
- Developer
- Namaa Properties Development
- Completed
- 2022
- Service charge
- AED 26,700 /yr
- Last sold
- AED 2.4M · July 2024
About 3901, Paramount Tower Hotel & Residences Downtown
3901 is a two-bedroom apartment of 1,339 sqft on the 39th 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 8 July 2024 for AED 2,400,000, or AED 1,792 per sqft, in line with the AED 1,783 two-beds in the building were fetching at the time.
It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, signed on 15 April 2026, is AED 170,000 a year: a gross yield of 7.1% on the 2024 price, before the service charge of about AED 26,700 a year.
Sales and rents for 3901 over time
3901 has sold 3 times; 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 3901 sits
All 329 2-beds →3901 last sold in July 2024 at AED 1,792 per sqft, in line with what two-beds in Paramount Tower Hotel & Residences Downtown were fetching at the time (AED 1,783). 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. 3901's AED 170,000 is in the upper 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 39th floor
All 784 units in Paramount Tower Hotel & Residences Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3902 | 2-bed | 1,167 sqft | AED 2.14MAED 2,141,300 · Oct 2015October 2015 | 143,325 /yr | |
| 3903 | 2-bed | 1,121 sqft | AED 2.15MAED 2,150,000 · Mar 2023March 2023 | 160,000 /yr | |
| 3904 | 2-bed | 1,121 sqft | AED 2.18MAED 2,176,450 · Oct 2015October 2015 | 150,000 /yr | |
| 3905 | 2-bed | 1,166 sqft | AED 2.34MAED 2,339,000 · Sep 2024September 2024 | 190,000 /yr | |
| 3906 | 3-bed | 1,586 sqft | AED 2.64MAED 2,635,000 · Apr 2019April 2019 | ||
| 3907 | 3-bed | 1,645 sqft | AED 2.57MAED 2,570,607 · Nov 2021November 2021 | 220,000 /yr | |
| 3908 | 3-bed | 1,644 sqft | AED 2.74MAED 2,742,651 · Oct 2026October 2026 | 200,000 /yr | |
| 3909 | 2-bed | 1,221 sqft | AED 1.59MAED 1,588,080 · Aug 2020August 2020 | ||
| 3910 | 2-bed | 1,186 sqft | AED 1.67MAED 1,674,632 · Feb 2020February 2020 | ||
| 3911 | 2-bed | 1,290 sqft | AED 2.62MAED 2,620,100 · Jan 2016January 2016 | 130,000 /yr | |
| 3912 | 1-bed | 681 sqft | AED 1.15MAED 1,150,000 · Nov 2022November 2022 | 115,000 /yr | |
| 3913 | 1-bed | 679 sqft | AED 1.35MAED 1,345,000 · Jun 2019June 2019 | 90,000 /yr |
3901, Paramount Tower Hotel & Residences Downtown in numbers
- Sold 3 times: first on 8 December 2021 for AED 2,218,723, last on 8 July 2024 for AED 2,400,000 (AED 1,792 per sqft).
- Rented since August 2024 on 4 Ejari contracts, from AED 174,375 to AED 170,000 a year.
- At AED 170,000 a year the gross yield on the 2024 price is 7.1%, before a service charge of about AED 26,700 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 15 April 2026.
Questions about 3901, Paramount Tower Hotel & Residences Downtown
What did unit 3901 last sell for?
AED 2,400,000 on 8 July 2024: AED 1,792 per sqft for 1,339 sqft. The unit has 3 registered sales; the first was AED 2,218,723 in December 2021.
What is the rent for unit 3901?
AED 170,000 a year on the contract signed on 15 April 2026. The previous contract, from January 2026, was AED 195,000; the unit has been rented since August 2024.
How big is unit 3901?
1,339 sqft (124.4 sqm): a two-bedroom apartment on the 39th floor of a 63-storey tower completed in 2022.
What is unit 3901 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.
Selling 3901? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 3901, Paramount Tower Hotel & Residences Downtown
Starts from the last sale price (AED 2.4M, 8 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,400,000
- Deposit, UAE resident (20%)
- AED 480,000
- Deposit, non-resident (40%)
- AED 960,000
- Monthly over 25 years at 3.7%
- AED 9,819
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →