1-bed · 679 sqftParamount Tower Hotel & Residences Downtown, Business Bay · 39th floor · completed 2022

3913, Paramount Tower Hotel & Residences Downtown

Sold prices and rental history: sold once, by the developer in June 2019, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3913 · DLD and Ejari recordsUpdated 30 May 2026
Last soldAED 1.35M20 June 2019
Current rentAED 90K /yr30 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3913, Paramount Tower Hotel & Residences Downtown

What is 3913 worth today?

Last sold for AED 1,345,000 in 2019

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30 May 2026RentedNew contract
AED 90,000/yr12 months · AED 133 per sqft
8 Sep 2025RentedNew contract
AED 104,613/yr9 months · AED 154 per sqft
8 Jun 2024RentedRenewal
AED 90,000/yr12 months · AED 133 per sqft
8 Jun 2023RentedNew contract
AED 87,000/yr12 months · AED 128 per sqft
18 May 2022RentedNew contract
AED 70,000/yr12 months · AED 103 per sqft
20 Jun 2019Sold by developerOff-plan
AED 1,345,000AED 1,981 per sqft

Source: Dubai Land Department. Updated 30 May 2026.

Key facts

Type
1-bed apartment
Size
679 sqft
Floor
39th of 63
Parking
P7-40
Developer
Namaa Properties Development
Completed
2022
Service charge
AED 13,500 /yr
Last sold
AED 1.35M · June 2019

About 3913, Paramount Tower Hotel & Residences Downtown

3913 is a one-bedroom apartment of 679 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 20 June 2019 for AED 1,345,000, or AED 1,981 per sqft, 11% above the AED 1,781 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 30 May 2026, is AED 90,000 a year: a gross yield of 6.7% on the 2019 price, before the service charge of about AED 13,500 a year.

Sales and rents for 3913 over time

Sales
Unit 3913, each saleTypical one-bed in Paramount Tower Hotel & Residences Downtown
1.5M2M2016201920222025Typical sale price by year: 2016 AED 1,561,052; 2018 AED 1,202,000; 2019 AED 1,481,159; 2020 AED 1,467,000; 2021 AED 1,431,528; 2022 AED 1,680,000; 2023 AED 1,925,000; 2024 AED 2,000,000; 2025 AED 1,800,000; 2026 AED 1,750,000Sold by developer, June 2019: AED 1,345,000 (AED 1,981 per sqft)

3913 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3913, each contractTypical one-bed in Paramount Tower Hotel & Residences Downtown
75K100K125K202220242026Typical rent by year: 2022 AED 81,000; 2023 AED 90,000; 2024 AED 110,000; 2025 AED 120,000; 2026 AED 105,000New contract, May 2022: AED 70,000 a yearNew contract, June 2023: AED 87,000 a yearRenewal, June 2024: AED 90,000 a yearNew contract, September 2025: AED 104,613 a yearNew contract, May 2026: AED 90,000 a year

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 3913 sits

All 174 1-beds →

3913 last sold in June 2019 at AED 1,981 per sqft, 11% above what one-beds in Paramount Tower Hotel & Residences Downtown were fetching at the time (AED 1,781). 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. 3913's AED 90,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
15 Oct 20261,400,000
16 Jun 20262,018,990
18 May 20262,000,000
8 May 20261,650,000
8 1-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
39012-bedAED 2.4M · Jul 2024
39022-bedAED 2.14M · Oct 2015
39032-bedAED 2.15M · Mar 2023
39042-bedAED 2.18M · Oct 2015
39052-bedAED 2.34M · Sep 2024
39063-bedAED 2.64M · Apr 2019
39073-bedAED 2.57M · Nov 2021
1–7 of 12

3913, Paramount Tower Hotel & Residences Downtown in numbers

  • Sold once: by Namaa Properties Development on 20 June 2019 for AED 1,345,000, or AED 1,981 per sqft.
  • Rented since May 2022 on 5 Ejari contracts, from AED 70,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2019 price is 6.7%, before a service charge of about AED 13,500 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 30 May 2026.

Questions about 3913, Paramount Tower Hotel & Residences Downtown

What did unit 3913 last sell for?

AED 1,345,000 on 20 June 2019, sold by the developer: AED 1,981 per sqft for 679 sqft. It is the only registered sale of the unit.

What is the rent for unit 3913?

AED 90,000 a year on the contract signed on 30 May 2026. The previous contract, from September 2025, was AED 104,613; the unit has been rented since May 2022.

How big is unit 3913?

679 sqft (63.1 sqm): a one-bedroom apartment on the 39th floor of a 63-storey tower completed in 2022.

What is unit 3913 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 3913, Paramount Tower Hotel & Residences Downtown

Starts from the last sale price (AED 1.35M, 20 June 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,345,000
Deposit, UAE resident (20%)
AED 269,000
Deposit, non-resident (40%)
AED 538,000
Monthly over 25 years at 3.7%
AED 5,503

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →