4413, Paramount Tower Hotel & Residences Downtown
Sold prices and rental history: sold once, by the developer in June 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 4413, Paramount Tower Hotel & Residences Downtown
What is 4413 worth today?
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Source: Dubai Land Department. Updated 17 March 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 679 sqft
- Floor
- 44th of 63
- Parking
- P6-44
- Developer
- Namaa Properties Development
- Completed
- 2022
- Service charge
- AED 13,500 /yr
- Last sold
- AED 1.16M · June 2019
About 4413, Paramount Tower Hotel & Residences Downtown
4413 is a one-bedroom apartment of 679 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. The developer sold it on 13 June 2019 for AED 1,158,300, or AED 1,706 per sqft, 4% below the AED 1,780 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 17 March 2026, is AED 120,000 a year: a gross yield of 10.4% on the 2019 price, before the service charge of about AED 13,500 a year.
Sales and rents for 4413 over time
4413 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 4413 sits
All 174 1-beds →4413 last sold in June 2019 at AED 1,706 per sqft, 4% below what one-beds in Paramount Tower Hotel & Residences Downtown were fetching at the time (AED 1,780). 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. 4413's AED 120,000 is in the upper 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 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 | |
| 4404 | 2-bed | 1,121 sqft | AED 2.23MAED 2,225,000 · May 2023May 2023 | 160,000 /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, Paramount Tower Hotel & Residences Downtown in numbers
- Sold once: by Namaa Properties Development on 13 June 2019 for AED 1,158,300, or AED 1,706 per sqft.
- Rented since July 2022 on 5 Ejari contracts, from AED 80,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2019 price is 10.4%, before a service charge of about AED 13,500 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 17 March 2026.
Questions about 4413, Paramount Tower Hotel & Residences Downtown
What did unit 4413 last sell for?
AED 1,158,300 on 13 June 2019, sold by the developer: AED 1,706 per sqft for 679 sqft. It is the only registered sale of the unit.
What is the rent for unit 4413?
AED 120,000 a year on the contract signed on 17 March 2026. The previous contract, from July 2025, was AED 88,000; the unit has been rented since July 2022.
How big is unit 4413?
679 sqft (63.1 sqm): a one-bedroom apartment on the 44th floor of a 63-storey tower completed in 2022.
What is unit 4413 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 4413, Paramount Tower Hotel & Residences Downtown
Starts from the last sale price (AED 1.16M, 13 June 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,158,300
- Deposit, UAE resident (20%)
- AED 231,660
- Deposit, non-resident (40%)
- AED 463,320
- Monthly over 25 years at 3.7%
- AED 4,739
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →