4312, Paramount Tower Hotel & Residences Downtown
Sold prices and rental history: sold once, by the developer in November 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 4312, Paramount Tower Hotel & Residences Downtown
What is 4312 worth today?
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Source: Dubai Land Department. Updated 1 November 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 681 sqft
- Floor
- 43rd of 63
- Parking
- P7-07
- Developer
- Namaa Properties Development
- Completed
- 2022
- Service charge
- AED 13,600 /yr
- Last sold
- AED 1.18M · November 2019
About 4312, Paramount Tower Hotel & Residences Downtown
4312 is a one-bedroom apartment of 681 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 6 November 2019 for AED 1,181,000, or AED 1,734 per sqft, in line with the AED 1,772 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 7 Ejari contracts. The current contract, signed on 1 November 2026, is AED 97,500 a year: a gross yield of 8.3% on the 2019 price, before the service charge of about AED 13,600 a year.
Sales and rents for 4312 over time
4312 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 4312 sits
All 174 1-beds →4312 last sold in November 2019 at AED 1,734 per sqft, in line with what one-beds in Paramount Tower Hotel & Residences Downtown were fetching at the time (AED 1,772). 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. 4312's AED 97,500 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 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 | |
| 4303 | 2-bed | 1,121 sqft | AED 2.19MAED 2,187,850 · Oct 2015October 2015 | 185,000 /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 | |
| 4313 | 1-bed | 676 sqft | AED 1.19MAED 1,191,000 · Nov 2019November 2019 | 125,000 /yr |
4312, Paramount Tower Hotel & Residences Downtown in numbers
- Sold once: by Namaa Properties Development on 6 November 2019 for AED 1,181,000, or AED 1,734 per sqft.
- Rented since July 2022 on 7 Ejari contracts, from AED 80,000 to AED 97,500 a year.
- At AED 97,500 a year the gross yield on the 2019 price is 8.3%, 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 1 November 2026.
Questions about 4312, Paramount Tower Hotel & Residences Downtown
What did unit 4312 last sell for?
AED 1,181,000 on 6 November 2019, sold by the developer: AED 1,734 per sqft for 681 sqft. It is the only registered sale of the unit.
What is the rent for unit 4312?
AED 97,500 a year on the contract signed on 1 November 2026. The previous contract, from July 2025, was AED 92,332; the unit has been rented since July 2022.
How big is unit 4312?
681 sqft (63.3 sqm): a one-bedroom apartment on the 43rd floor of a 63-storey tower completed in 2022.
What is unit 4312 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 4312, Paramount Tower Hotel & Residences Downtown
Starts from the last sale price (AED 1.18M, 6 November 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,181,000
- Deposit, UAE resident (20%)
- AED 236,200
- Deposit, non-resident (40%)
- AED 472,400
- Monthly over 25 years at 3.7%
- AED 4,832
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →