4105, Paramount Tower Hotel & Residences Downtown
Sold prices and rental history: sold twice, last in May 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4105, Paramount Tower Hotel & Residences Downtown
What is 4105 worth today?
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Source: Dubai Land Department. Updated 1 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,166 sqft
- Floor
- 41st of 63
- Parking
- P7-22
- Developer
- Namaa Properties Development
- Completed
- 2022
- Service charge
- AED 23,200 /yr
- Last sold
- AED 1.79M · May 2022
About 4105, Paramount Tower Hotel & Residences Downtown
4105 is a two-bedroom apartment of 1,166 sqft on the 41st 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 31 May 2022 for AED 1,790,000, or AED 1,535 per sqft, in line with the AED 1,580 two-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 1 November 2024, is AED 185,000 a year: a gross yield of 10.3% on the 2022 price, before the service charge of about AED 23,200 a year.
Sales and rents for 4105 over time
4105 has sold twice; 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 4105 sits
All 329 2-beds →4105 last sold in May 2022 at AED 1,535 per sqft, in line with what two-beds in Paramount Tower Hotel & Residences Downtown were fetching at the time (AED 1,580). 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. 4105's AED 185,000 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 41st floor
All 784 units in Paramount Tower Hotel & Residences Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4101 | 2-bed | 1,339 sqft | AED 2.1MAED 2,095,535 · Mar 2022March 2022 | ||
| 4102 | 2-bed | 1,167 sqft | AED 2.35MAED 2,350,000 · Sep 2026September 2026 | 175,200 /yr | |
| 4103 | 2-bed | 1,121 sqft | AED 1.91MAED 1,910,000 · Oct 2022October 2022 | ||
| 4104 | 2-bed | 1,121 sqft | AED 2.5MAED 2,500,000 · Jul 2023July 2023 | ||
| 4106 | 3-bed | 1,586 sqft | AED 3.84MAED 3,835,200 · Mar 2024March 2024 | 250,000 /yr | |
| 4107 | 3-bed | 1,645 sqft | AED 3.4MAED 3,402,900 · Oct 2015October 2015 | 230,641 /yr | |
| 4108 | 3-bed | 1,644 sqft | AED 2.79MAED 2,794,398 · Jun 2026June 2026 | ||
| 4109 | 2-bed | 1,221 sqft | AED 2.4MAED 2,400,000 · Jan 2026January 2026 | ||
| 4110 | 2-bed | 1,170 sqft | AED 1.99MAED 1,987,000 · Mar 2019March 2019 | 157,300 /yr | |
| 4111 | 2-bed | 1,290 sqft | AED 2.38MAED 2,375,000 · Nov 2024November 2024 | 160,000 /yr | |
| 4112 | 1-bed | 681 sqft | AED 1.3MAED 1,300,000 · Mar 2023March 2023 | 95,000 /yr | |
| 4113 | 1-bed | 679 sqft | AED 1.33MAED 1,331,550 · Oct 2019October 2019 | 95,000 /yr |
4105, Paramount Tower Hotel & Residences Downtown in numbers
- Sold twice: first on 19 September 2021 for AED 1,941,390, last on 31 May 2022 for AED 1,790,000 (AED 1,535 per sqft).
- Rented since October 2022 on 3 Ejari contracts, from AED 145,000 to AED 185,000 a year.
- At AED 185,000 a year the gross yield on the 2022 price is 10.3%, before a service charge of about AED 23,200 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 1 November 2024.
Questions about 4105, Paramount Tower Hotel & Residences Downtown
What did unit 4105 last sell for?
AED 1,790,000 on 31 May 2022: AED 1,535 per sqft for 1,166 sqft. The unit has 2 registered sales; the first was AED 1,941,390 in September 2021.
What is the rent for unit 4105?
AED 185,000 a year on the contract signed on 1 November 2024. The previous contract, from October 2023, was AED 155,000; the unit has been rented since October 2022.
How big is unit 4105?
1,166 sqft (108.3 sqm): a two-bedroom apartment on the 41st floor of a 63-storey tower completed in 2022.
What is unit 4105 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.
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Mortgage on 4105, Paramount Tower Hotel & Residences Downtown
Starts from the last sale price (AED 1.79M, 31 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,790,000
- Deposit, UAE resident (20%)
- AED 358,000
- Deposit, non-resident (40%)
- AED 716,000
- Monthly over 25 years at 3.7%
- AED 7,323
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →