4404, Paramount Tower Hotel & Residences Downtown
Sold prices and rental history: sold twice, last in May 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4404, Paramount Tower Hotel & Residences Downtown
What is 4404 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 25 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,121 sqft
- Floor
- 44th of 63
- Parking
- P6-38
- Developer
- Namaa Properties Development
- Completed
- 2022
- Service charge
- AED 22,300 /yr
- Last sold
- AED 2.23M · May 2023
About 4404, Paramount Tower Hotel & Residences Downtown
4404 is a two-bedroom apartment of 1,121 sqft on the 44th 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 15 May 2023 for AED 2,225,000, or AED 1,984 per sqft, 16% above the AED 1,712 two-beds in the building were fetching at the time.
It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 25 September 2026, is AED 160,000 a year: a gross yield of 7.2% on the 2023 price, before the service charge of about AED 22,300 a year.
Sales and rents for 4404 over time
4404 has sold twice; 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 4404 sits
All 329 2-beds →4404 last sold in May 2023 at AED 1,984 per sqft, 16% above what two-beds in Paramount Tower Hotel & Residences Downtown were fetching at the time (AED 1,712). 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. 4404's AED 160,000 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 44th floor
All 784 units in Paramount Tower Hotel & Residences Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4401 | 2-bed | 1,339 sqft | AED 2.55MAED 2,550,000 · Dec 2024December 2024 | 190,000 /yr | |
| 4402 | 2-bed | 1,167 sqft | AED 2.35MAED 2,350,000 · Sep 2023September 2023 | ||
| 4403 | 2-bed | 1,107 sqft | AED 2.19MAED 2,187,925 · Mar 2017March 2017 | 130,000 /yr | |
| 4405 | 2-bed | 1,166 sqft | AED 1.8MAED 1,800,000 · Nov 2023November 2023 | 185,000 /yr | |
| 4406 | 3-bed | 1,586 sqft | AED 2.42MAED 2,424,559 · Sep 2021September 2021 | ||
| 4407 | 3-bed | 1,645 sqft | AED 2.7MAED 2,700,000 · Jun 2023June 2023 | 230,000 /yr | |
| 4408 | 3-bed | 1,644 sqft | AED 2.95MAED 2,950,000 · Mar 2025March 2025 | 210,000 /yr | |
| 4409 | 2-bed | 1,221 sqft | AED 2.02MAED 2,020,000 · Dec 2023December 2023 | 120,000 /yr | |
| 4410 | 2-bed | 1,186 sqft | AED 1.93MAED 1,929,622 · Sep 2021September 2021 | 150,000 /yr | |
| 4411 | 2-bed | 1,290 sqft | AED 2.16MAED 2,158,834 · Dec 2021December 2021 | 145,000 /yr | |
| 4412 | 1-bed | 681 sqft | AED 1.6MAED 1,600,000 · Apr 2024April 2024 | 120,000 /yr | |
| 4413 | 1-bed | 679 sqft | AED 1.16MAED 1,158,300 · Jun 2019June 2019 | 120,000 /yr |
4404, Paramount Tower Hotel & Residences Downtown in numbers
- Sold twice: first on 13 April 2016 for AED 2,187,850, last on 15 May 2023 for AED 2,225,000 (AED 1,984 per sqft).
- Rented since June 2024 on 3 Ejari contracts, from AED 180,000 to AED 160,000 a year.
- At AED 160,000 a year the gross yield on the 2023 price is 7.2%, 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 25 September 2026.
Questions about 4404, Paramount Tower Hotel & Residences Downtown
What did unit 4404 last sell for?
AED 2,225,000 on 15 May 2023: AED 1,984 per sqft for 1,121 sqft. The unit has 2 registered sales; the first was AED 2,187,850 in April 2016.
What is the rent for unit 4404?
AED 160,000 a year on the contract signed on 25 September 2026. The previous contract, from June 2025, was AED 180,000; the unit has been rented since June 2024.
How big is unit 4404?
1,121 sqft (104.1 sqm): a two-bedroom apartment on the 44th floor of a 63-storey tower completed in 2022.
What is unit 4404 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.
Selling 4404? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 4404, Paramount Tower Hotel & Residences Downtown
Starts from the last sale price (AED 2.23M, 15 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,225,000
- Deposit, UAE resident (20%)
- AED 445,000
- Deposit, non-resident (40%)
- AED 890,000
- Monthly over 25 years at 3.7%
- AED 9,103
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →