4113, Paramount Tower Hotel & Residences Downtown
Sold prices and rental history: sold once, by the developer in October 2019, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4113, Paramount Tower Hotel & Residences Downtown
What is 4113 worth today?
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Source: Dubai Land Department. Updated 6 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 679 sqft
- Floor
- 41st of 63
- Parking
- P7-27
- Developer
- Namaa Properties Development
- Completed
- 2022
- Service charge
- AED 13,500 /yr
- Last sold
- AED 1.33M · October 2019
About 4113, Paramount Tower Hotel & Residences Downtown
4113 is a one-bedroom apartment of 679 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. The developer sold it on 7 October 2019 for AED 1,331,550, or AED 1,961 per sqft, 9% above the AED 1,799 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 6 September 2026, is AED 95,000 a year: a gross yield of 7.1% on the 2019 price, before the service charge of about AED 13,500 a year.
Sales and rents for 4113 over time
4113 has sold once; 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 4113 sits
All 174 1-beds →4113 last sold in October 2019 at AED 1,961 per sqft, 9% above what one-beds in Paramount Tower Hotel & Residences Downtown were fetching at the time (AED 1,799). 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. 4113's AED 95,000 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 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 | |
| 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, Paramount Tower Hotel & Residences Downtown in numbers
- Sold once: by Namaa Properties Development on 7 October 2019 for AED 1,331,550, or AED 1,961 per sqft.
- Rented since October 2022 on 5 Ejari contracts, from AED 80,000 to AED 95,000 a year.
- At AED 95,000 a year the gross yield on the 2019 price is 7.1%, 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 6 September 2026.
Questions about 4113, Paramount Tower Hotel & Residences Downtown
What did unit 4113 last sell for?
AED 1,331,550 on 7 October 2019, sold by the developer: AED 1,961 per sqft for 679 sqft. It is the only registered sale of the unit.
What is the rent for unit 4113?
AED 95,000 a year on the contract signed on 6 September 2026. The previous contract, from June 2025, was AED 110,000; the unit has been rented since October 2022.
How big is unit 4113?
679 sqft (63.1 sqm): a one-bedroom apartment on the 41st floor of a 63-storey tower completed in 2022.
What is unit 4113 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 4113, Paramount Tower Hotel & Residences Downtown
Starts from the last sale price (AED 1.33M, 7 October 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,331,550
- Deposit, UAE resident (20%)
- AED 266,310
- Deposit, non-resident (40%)
- AED 532,620
- Monthly over 25 years at 3.7%
- AED 5,448
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →