4303, Paramount Tower Hotel & Residences Downtown
Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4303, Paramount Tower Hotel & Residences Downtown
What is 4303 worth today?
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Source: Dubai Land Department. Updated 3 March 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,121 sqft
- Floor
- 43rd of 63
- Parking
- P7-01
- Developer
- Namaa Properties Development
- Completed
- 2022
- Service charge
- AED 22,300 /yr
- Last sold
- AED 2.19M · October 2015
About 4303, Paramount Tower Hotel & Residences Downtown
4303 is a two-bedroom apartment of 1,121 sqft on the 43rd 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 28 October 2015 for AED 2,187,850, or AED 1,951 per sqft, in line with the AED 1,941 two-beds in the building were fetching at the time.
It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, renewed on 3 March 2026, is AED 185,000 a year: a gross yield of 8.5% on the 2015 price, before the service charge of about AED 22,300 a year.
Sales and rents for 4303 over time
4303 has sold once; 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 4303 sits
All 329 2-beds →4303 last sold in October 2015 at AED 1,951 per sqft, in line with what two-beds in Paramount Tower Hotel & Residences Downtown were fetching at the time (AED 1,941). 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. 4303'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 43rd floor
All 784 units in Paramount Tower Hotel & Residences Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4301 | 2-bed | 1,340 sqft | AED 2.53MAED 2,526,050 · Nov 2015November 2015 | 200,000 /yr | |
| 4302 | 2-bed | 1,167 sqft | AED 1.52MAED 1,515,000 · Jul 2020July 2020 | 160,000 /yr | |
| 4304 | 2-bed | 1,121 sqft | AED 2.19MAED 2,187,850 · Oct 2015October 2015 | 200,000 /yr | |
| 4305 | 2-bed | 1,166 sqft | AED 2.37MAED 2,374,050 · Oct 2015October 2015 | 143,000 /yr | |
| 4306 | 3-bed | 1,586 sqft | AED 2.86MAED 2,860,000 · Apr 2023April 2023 | ||
| 4307 | 3-bed | 1,645 sqft | AED 2.92MAED 2,920,000 · Mar 2024March 2024 | 180,000 /yr | |
| 4308 | 3-bed | 1,644 sqft | AED 3.2MAED 3,200,000 · Jul 2024July 2024 | ||
| 4309 | 2-bed | 1,221 sqft | AED 1.6MAED 1,600,000 · Nov 2021November 2021 | 195,000 /yr | |
| 4310 | 2-bed | 1,170 sqft | AED 2.18MAED 2,184,422 · Oct 2016October 2016 | 140,000 /yr | |
| 4311 | 2-bed | 1,290 sqft | AED 2MAED 2,002,493 · Jan 2022January 2022 | 170,000 /yr | |
| 4312 | 1-bed | 681 sqft | AED 1.18MAED 1,181,000 · Nov 2019November 2019 | 97,500 /yr | |
| 4313 | 1-bed | 676 sqft | AED 1.19MAED 1,191,000 · Nov 2019November 2019 | 125,000 /yr |
4303, Paramount Tower Hotel & Residences Downtown in numbers
- Sold once: by Namaa Properties Development on 28 October 2015 for AED 2,187,850, or AED 1,951 per sqft.
- Rented since February 2024 on 4 Ejari contracts, from AED 180,000 to AED 185,000 a year.
- At AED 185,000 a year the gross yield on the 2015 price is 8.5%, before a service charge of about AED 22,300 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 3 March 2026.
Questions about 4303, Paramount Tower Hotel & Residences Downtown
What did unit 4303 last sell for?
AED 2,187,850 on 28 October 2015, sold by the developer: AED 1,951 per sqft for 1,121 sqft. It is the only registered sale of the unit.
What is the rent for unit 4303?
AED 185,000 a year on the contract renewed on 3 March 2026. The previous contract, from March 2025, was AED 185,000; the unit has been rented since February 2024.
How big is unit 4303?
1,121 sqft (104.1 sqm): a two-bedroom apartment on the 43rd floor of a 63-storey tower completed in 2022.
What is unit 4303 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 4303, Paramount Tower Hotel & Residences Downtown
Starts from the last sale price (AED 2.19M, 28 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 2,187,850
- Deposit, UAE resident (20%)
- AED 437,570
- Deposit, non-resident (40%)
- AED 875,140
- Monthly over 25 years at 3.7%
- AED 8,951
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →