3907, Paramount Tower Hotel & Residences Downtown
Sold prices and rental history: sold once, by the developer in November 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 3907, Paramount Tower Hotel & Residences Downtown
What is 3907 worth today?
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Source: Dubai Land Department. Updated 23 February 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 1,645 sqft
- Floor
- 39th of 63
- Parking
- P2-07
- Developer
- Namaa Properties Development
- Completed
- 2022
- Service charge
- AED 32,800 /yr
- Last sold
- AED 2.57M · November 2021
About 3907, Paramount Tower Hotel & Residences Downtown
3907 is a three-bedroom apartment of 1,645 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. The developer sold it on 24 November 2021 for AED 2,570,607, or AED 1,562 per sqft, in line with the AED 1,581 three-beds in the building were fetching at the time.
It has been rented since 2025 on 3 Ejari contracts. The current contract, renewed on 23 February 2026, is AED 220,000 a year: a gross yield of 8.6% on the 2021 price, before the service charge of about AED 32,800 a year.
Sales and rents for 3907 over time
3907 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 3907 sits
All 78 3-beds →3907 last sold in November 2021 at AED 1,562 per sqft, in line with what three-beds in Paramount Tower Hotel & Residences Downtown were fetching at the time (AED 1,581). 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. 3907'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 39th floor
All 784 units in Paramount Tower Hotel & Residences Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3901 | 2-bed | 1,339 sqft | AED 2.4MAED 2,400,000 · Jul 2024July 2024 | 170,000 /yr | |
| 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 | ||
| 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 |
3907, Paramount Tower Hotel & Residences Downtown in numbers
- Sold once: by Namaa Properties Development on 24 November 2021 for AED 2,570,607, or AED 1,562 per sqft.
- Rented since February 2025 on 3 Ejari contracts, at AED 220,000 a year.
- At AED 220,000 a year the gross yield on the 2021 price is 8.6%, 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 23 February 2026.
Questions about 3907, Paramount Tower Hotel & Residences Downtown
What did unit 3907 last sell for?
AED 2,570,607 on 24 November 2021, sold by the developer: AED 1,562 per sqft for 1,645 sqft. It is the only registered sale of the unit.
What is the rent for unit 3907?
AED 220,000 a year on the contract renewed on 23 February 2026. The previous contract, from February 2025, was AED 220,000; the unit has been rented since February 2025.
How big is unit 3907?
1,645 sqft (152.8 sqm): a three-bedroom apartment on the 39th floor of a 63-storey tower completed in 2022.
What is unit 3907 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 3907, Paramount Tower Hotel & Residences Downtown
Starts from the last sale price (AED 2.57M, 24 November 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 2,570,607
- Deposit, UAE resident (20%)
- AED 514,121
- Deposit, non-resident (40%)
- AED 1,028,243
- Monthly over 25 years at 3.7%
- AED 10,517
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →