4106, Paramount Tower Hotel & Residences Downtown
Sold prices and rental history: sold twice, last in March 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4106, Paramount Tower Hotel & Residences Downtown
What is 4106 worth today?
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Source: Dubai Land Department. Updated 6 November 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,586 sqft
- Floor
- 41st of 63
- Parking
- P2-12
- Developer
- Namaa Properties Development
- Completed
- 2022
- Service charge
- AED 31,600 /yr
- Last sold
- AED 3.84M · March 2024
About 4106, Paramount Tower Hotel & Residences Downtown
4106 is a three-bedroom apartment of 1,586 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 18 March 2024 for AED 3,835,200, or AED 2,418 per sqft, 37% above the AED 1,765 three-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 6 November 2024, is AED 250,000 a year: a gross yield of 6.5% on the 2024 price, before the service charge of about AED 31,600 a year.
Sales and rents for 4106 over time
4106 has sold twice; 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 4106 sits
All 78 3-beds →4106 last sold in March 2024 at AED 2,418 per sqft, 37% above what three-beds in Paramount Tower Hotel & Residences Downtown were fetching at the time (AED 1,765). 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. 4106's AED 250,000 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 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 | ||
| 4105 | 2-bed | 1,166 sqft | AED 1.79MAED 1,790,000 · May 2022May 2022 | 185,000 /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 |
4106, Paramount Tower Hotel & Residences Downtown in numbers
- Sold twice: first on 9 September 2021 for AED 2,639,025, last on 18 March 2024 for AED 3,835,200 (AED 2,418 per sqft).
- Rented since November 2024 on 2 Ejari contracts, at AED 250,000 a year.
- At AED 250,000 a year the gross yield on the 2024 price is 6.5%, before a service charge of about AED 31,600 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 6 November 2024.
Questions about 4106, Paramount Tower Hotel & Residences Downtown
What did unit 4106 last sell for?
AED 3,835,200 on 18 March 2024: AED 2,418 per sqft for 1,586 sqft. The unit has 2 registered sales; the first was AED 2,639,025 in September 2021.
What is the rent for unit 4106?
AED 250,000 a year on the contract signed on 6 November 2024. The previous contract, from November 2024, was AED 250,000.
How big is unit 4106?
1,586 sqft (147.3 sqm): a three-bedroom apartment on the 41st floor of a 63-storey tower completed in 2022.
What is unit 4106 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 4106, Paramount Tower Hotel & Residences Downtown
Starts from the last sale price (AED 3.84M, 18 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,835,200
- Deposit, UAE resident (20%)
- AED 767,040
- Deposit, non-resident (40%)
- AED 1,534,080
- Monthly over 25 years at 3.7%
- AED 15,691
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →