4212, Paramount Tower Hotel & Residences Downtown
Sold prices and rental history: sold 3 times, last in April 2023, and rented once, from June 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4212, Paramount Tower Hotel & Residences Downtown
What is 4212 worth today?
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Source: Dubai Land Department. Updated 22 June 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 681 sqft
- Floor
- 42nd of 63
- Parking
- P7-16
- Developer
- Namaa Properties Development
- Completed
- 2022
- Service charge
- AED 13,600 /yr
- Last sold
- AED 1.65M · April 2023
About 4212, Paramount Tower Hotel & Residences Downtown
4212 is a one-bedroom apartment of 681 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 27 April 2023 for AED 1,650,000, or AED 2,423 per sqft, in line with the AED 2,360 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 22 June 2026. The current contract, signed on 22 June 2026, is AED 105,000 a year: a gross yield of 6.4% on the 2023 price, before the service charge of about AED 13,600 a year.
Sales and rents for 4212 over time
4212 has sold 3 times; 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 4212 sits
All 174 1-beds →4212 last sold in April 2023 at AED 2,423 per sqft, in line with what one-beds in Paramount Tower Hotel & Residences Downtown were fetching at the time (AED 2,360). 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. 4212's AED 105,000 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 42nd floor
All 784 units in Paramount Tower Hotel & Residences Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4201 | 2-bed | 1,339 sqft | AED 2.4MAED 2,400,000 · Nov 2023November 2023 | 190,000 /yr | |
| 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 | |
| 4213 | 1-bed | 679 sqft | AED 1.15MAED 1,152,360 · Oct 2019October 2019 | 110,000 /yr |
4212, Paramount Tower Hotel & Residences Downtown in numbers
- Sold 3 times: first on 13 November 2019 for AED 1,347,390, last on 27 April 2023 for AED 1,650,000 (AED 2,423 per sqft).
- Rented since June 2026 on one Ejari contract, at AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2023 price is 6.4%, before a service charge of about AED 13,600 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 22 June 2026.
Questions about 4212, Paramount Tower Hotel & Residences Downtown
What did unit 4212 last sell for?
AED 1,650,000 on 27 April 2023: AED 2,423 per sqft for 681 sqft. The unit has 3 registered sales; the first was AED 1,347,390 in November 2019.
What is the rent for unit 4212?
AED 105,000 a year on the contract signed on 22 June 2026.
How big is unit 4212?
681 sqft (63.3 sqm): a one-bedroom apartment on the 42nd floor of a 63-storey tower completed in 2022.
What is unit 4212 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 4212, Paramount Tower Hotel & Residences Downtown
Starts from the last sale price (AED 1.65M, 27 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,650,000
- Deposit, UAE resident (20%)
- AED 330,000
- Deposit, non-resident (40%)
- AED 660,000
- Monthly over 25 years at 3.7%
- AED 6,751
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →