3912, Paramount Tower Hotel & Residences Downtown
Sold prices and rental history: sold twice, last in November 2022, and rented once, from October 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3912, Paramount Tower Hotel & Residences Downtown
What is 3912 worth today?
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Source: Dubai Land Department. Updated 3 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 681 sqft
- Floor
- 39th of 63
- Parking
- P7-39
- Developer
- Namaa Properties Development
- Completed
- 2022
- Service charge
- AED 13,600 /yr
- Last sold
- AED 1.15M · November 2022
About 3912, Paramount Tower Hotel & Residences Downtown
3912 is a one-bedroom apartment of 681 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 2 November 2022 for AED 1,150,000, or AED 1,689 per sqft, 6% below the AED 1,788 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 3 October 2025. The current contract, signed on 3 October 2025, is AED 115,000 a year: a gross yield of 10.0% on the 2022 price, before the service charge of about AED 13,600 a year.
Sales and rents for 3912 over time
3912 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Paramount Tower Hotel & Residences Downtown, and where 3912 sits
All 174 1-beds →3912 last sold in November 2022 at AED 1,689 per sqft, 6% below what one-beds in Paramount Tower Hotel & Residences Downtown were fetching at the time (AED 1,788). Over the last 12 months one-beds sold for AED 1,400,000 to 2,100,000, around AED 2,119 per sqft, and rent for AED 90,000 to 147,500 a year. 3912's AED 115,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Oct 202615 October 2026 | 679 sqft | 1,400,000 | 2,062 | ||
| 16 Jun 202616 June 2026 | 843 sqft | 2,018,990 | 2,395 | ||
| 18 May 202618 May 2026 | 974 sqft | 2,000,000 | 2,054 | ||
| 8 May 20268 May 2026 | 681 sqft | 1,650,000 | 2,423 |
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 | ||
| 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 | |
| 3913 | 1-bed | 679 sqft | AED 1.35MAED 1,345,000 · Jun 2019June 2019 | 90,000 /yr |
3912, Paramount Tower Hotel & Residences Downtown in numbers
- Sold twice: first on 11 September 2018 for AED 1,177,000, last on 2 November 2022 for AED 1,150,000 (AED 1,689 per sqft).
- Rented since October 2025 on one Ejari contract, at AED 115,000 a year.
- At AED 115,000 a year the gross yield on the 2022 price is 10.0%, before a service charge of about AED 13,600 a year (AED 19.93 per sqft).
- One-beds in Paramount Tower Hotel & Residences Downtown sold for AED 1,400,000–2,100,000 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 3 October 2025.
Questions about 3912, Paramount Tower Hotel & Residences Downtown
What did unit 3912 last sell for?
AED 1,150,000 on 2 November 2022: AED 1,689 per sqft for 681 sqft. The unit has 2 registered sales; the first was AED 1,177,000 in September 2018.
What is the rent for unit 3912?
AED 115,000 a year on the contract signed on 3 October 2025.
How big is unit 3912?
681 sqft (63.3 sqm): a one-bedroom apartment on the 39th floor of a 63-storey tower completed in 2022.
What is unit 3912 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Paramount Tower Hotel & Residences Downtown sold for AED 1,400,000 to 2,100,000 in the last 12 months, around AED 2,119 per sqft.
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Mortgage on 3912, Paramount Tower Hotel & Residences Downtown
Starts from the last sale price (AED 1.15M, 2 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,150,000
- Deposit, UAE resident (20%)
- AED 230,000
- Deposit, non-resident (40%)
- AED 460,000
- Monthly over 25 years at 3.7%
- AED 4,705
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →