3908, Paramount Tower Hotel & Residences Downtown
Sold prices and rental history: sold 3 times, last in October 2026, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3908, Paramount Tower Hotel & Residences Downtown
What is 3908 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 October 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 1,644 sqft
- Floor
- 39th of 63
- Parking
- P2-08
- Developer
- Namaa Properties Development
- Completed
- 2022
- Service charge
- AED 32,800 /yr
- Last sold
- AED 2.74M · October 2026
About 3908, Paramount Tower Hotel & Residences Downtown
3908 is a three-bedroom apartment of 1,644 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 15 October 2026 for AED 2,742,651, or AED 1,668 per sqft, 5% below the AED 1,763 three-beds in the building were fetching at the time.
It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, renewed on 2 August 2026, is AED 200,000 a year: a gross yield of 7.3% on the 2026 price, before the service charge of about AED 32,800 a year.
Sales and rents for 3908 over time
3908 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 3908 sits
All 78 3-beds →3908 last sold in October 2026 at AED 1,668 per sqft, 5% below what three-beds in Paramount Tower Hotel & Residences Downtown were fetching at the time (AED 1,763). 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. 3908's AED 200,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 | ||
| 22 Aug 202522 August 2025 | 1,644 sqft | 2,975,000 | 1,809 |
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 150K /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 | ||
| 3907 | 3-bed | 1,645 sqft | AED 2.57MAED 2,570,607 · Nov 2021November 2021 | 220,000 /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 |
3908, Paramount Tower Hotel & Residences Downtown in numbers
- Sold 3 times: first on 31 January 2021 for AED 2,181,588, last on 15 October 2026 for AED 2,742,651 (AED 1,668 per sqft).
- Rented since March 2023 on 5 Ejari contracts, from AED 156,000 to AED 200,000 a year.
- At AED 200,000 a year the gross yield on the 2026 price is 7.3%, 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 15 October 2026.
Questions about 3908, Paramount Tower Hotel & Residences Downtown
What did unit 3908 last sell for?
AED 2,742,651 on 15 October 2026: AED 1,668 per sqft for 1,644 sqft. The unit has 3 registered sales; the first was AED 2,181,588 in January 2021.
What is the rent for unit 3908?
AED 200,000 a year on the contract renewed on 2 August 2026. The previous contract, from August 2025, was AED 220,000; the unit has been rented since March 2023.
How big is unit 3908?
1,644 sqft (152.7 sqm): a three-bedroom apartment on the 39th floor of a 63-storey tower completed in 2022.
What is unit 3908 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.
Selling 3908? 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 3908, Paramount Tower Hotel & Residences Downtown
Starts from the last sale price (AED 2.74M, 15 October 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 2,742,651
- Deposit, UAE resident (20%)
- AED 548,530
- Deposit, non-resident (40%)
- AED 1,097,060
- Monthly over 25 years at 3.7%
- AED 11,221
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →