4201, Paramount Tower Hotel & Residences Downtown
Sold prices and rental history: sold 3 times, last in November 2023, 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 4201, Paramount Tower Hotel & Residences Downtown
What is 4201 worth today?
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Source: Dubai Land Department. Updated 15 April 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,339 sqft
- Floor
- 42nd of 63
- Parking
- P7-08
- Developer
- Namaa Properties Development
- Completed
- 2022
- Service charge
- AED 26,700 /yr
- Last sold
- AED 2.4M · November 2023
About 4201, Paramount Tower Hotel & Residences Downtown
4201 is a two-bedroom apartment of 1,339 sqft on the 42nd 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 13 November 2023 for AED 2,400,000, or AED 1,792 per sqft, in line with the AED 1,792 two-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 15 April 2026, is AED 190,000 a year: a gross yield of 7.9% on the 2023 price, before the service charge of about AED 26,700 a year.
Sales and rents for 4201 over time
4201 has sold 3 times; 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 4201 sits
All 329 2-beds →4201 last sold in November 2023 at AED 1,792 per sqft, in line with what two-beds in Paramount Tower Hotel & Residences Downtown were fetching at the time (AED 1,792). 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. 4201's AED 190,000 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 42nd floor
All 784 units in Paramount Tower Hotel & Residences Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4202 | 2-bed | 1,167 sqft | AED 2.43MAED 2,425,000 · Jan 2024January 2024 | 155,000 /yr | |
| 4203 | 2-bed | 1,121 sqft | AED 1.87MAED 1,870,949 · Nov 2021November 2021 | 150,000 /yr | |
| 4204 | 2-bed | 1,121 sqft | AED 2.09MAED 2,089,640 · Feb 2016February 2016 | 160,000 /yr | |
| 4205 | 2-bed | 1,166 sqft | AED 2.36MAED 2,362,650 · Oct 2015October 2015 | 145,000 /yr | |
| 4206 | 3-bed | 1,586 sqft | AED 2.6MAED 2,600,000 · Mar 2023March 2023 | ||
| 4207 | 3-bed | 1,645 sqft | AED 2.76MAED 2,755,519 · Feb 2022February 2022 | 214,884 /yr | |
| 4208 | 3-bed | 1,644 sqft | AED 2.31MAED 2,312,000 · Jul 2020July 2020 | ||
| 4209 | 2-bed | 1,221 sqft | AED 2.46MAED 2,460,500 · Oct 2015October 2015 | 140,000 /yr | |
| 4210 | 2-bed | 1,186 sqft | AED 2.1MAED 2,100,000 · Nov 2024November 2024 | 180,000 /yr | |
| 4211 | 2-bed | 1,290 sqft | AED 2.04MAED 2,038,080 · Feb 2022February 2022 | 175,000 /yr | |
| 4212 | 1-bed | 681 sqft | AED 1.65MAED 1,650,000 · Apr 2023April 2023 | 105,000 /yr | |
| 4213 | 1-bed | 679 sqft | AED 1.15MAED 1,152,360 · Oct 2019October 2019 | 110,000 /yr |
4201, Paramount Tower Hotel & Residences Downtown in numbers
- Sold 3 times: first on 28 October 2015 for AED 2,512,750, last on 13 November 2023 for AED 2,400,000 (AED 1,792 per sqft).
- Rented since November 2022 on 4 Ejari contracts, from AED 135,000 to AED 190,000 a year.
- At AED 190,000 a year the gross yield on the 2023 price is 7.9%, before a service charge of about AED 26,700 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 15 April 2026.
Questions about 4201, Paramount Tower Hotel & Residences Downtown
What did unit 4201 last sell for?
AED 2,400,000 on 13 November 2023: AED 1,792 per sqft for 1,339 sqft. The unit has 3 registered sales; the first was AED 2,512,750 in October 2015.
What is the rent for unit 4201?
AED 190,000 a year on the contract signed on 15 April 2026. The previous contract, from December 2024, was AED 210,000; the unit has been rented since November 2022.
How big is unit 4201?
1,339 sqft (124.4 sqm): a two-bedroom apartment on the 42nd floor of a 63-storey tower completed in 2022.
What is unit 4201 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 4201, Paramount Tower Hotel & Residences Downtown
Starts from the last sale price (AED 2.4M, 13 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,400,000
- Deposit, UAE resident (20%)
- AED 480,000
- Deposit, non-resident (40%)
- AED 960,000
- Monthly over 25 years at 3.7%
- AED 9,819
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →