2-bed · 1,221 sqftParamount Tower Hotel & Residences Downtown, Business Bay · 46th floor · completed 2022

4609, Paramount Tower Hotel & Residences Downtown

Sold prices and rental history: sold 3 times, last in August 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4609 · DLD and Ejari recordsUpdated 21 August 2025
Last soldAED 2.39M21 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4609, Paramount Tower Hotel & Residences Downtown

What is 4609 worth today?

Last sold for AED 2,390,000 in 2025

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

21 Aug 2025SoldReady
AED 2,390,000AED 1,958 per sqft
23 May 2022SoldReady
AED 2,473,800AED 2,026 per sqft
28 Oct 2015Sold by developerOff-plan
AED 2,473,800AED 2,026 per sqft

Source: Dubai Land Department. Updated 21 August 2025.

Key facts

Type
2-bed apartment
Size
1,221 sqft
Floor
46th of 63
Parking
P6-21
Developer
Namaa Properties Development
Completed
2022
Service charge
AED 24,300 /yr
Last sold
AED 2.39M · August 2025

About 4609, Paramount Tower Hotel & Residences Downtown

4609 is a two-bedroom apartment of 1,221 sqft on the 46th 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 21 August 2025 for AED 2,390,000, or AED 1,958 per sqft, 4% above the AED 1,879 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4609 over time

Sales
Unit 4609, each saleTypical two-bed in Paramount Tower Hotel & Residences Downtown
2M2.5M20152018202120242027Typical sale price by year: 2015 AED 2,242,950; 2016 AED 2,208,745; 2017 AED 2,214,000; 2018 AED 2,293,890; 2019 AED 2,144,000; 2020 AED 1,660,497; 2021 AED 1,965,408; 2022 AED 2,000,050; 2023 AED 2,150,000; 2024 AED 2,350,000; 2025 AED 2,400,000; 2026 AED 2,550,000Sold by developer, October 2015: AED 2,473,800 (AED 2,026 per sqft)Sold, May 2022: AED 2,473,800 (AED 2,026 per sqft)Sold, August 2025: AED 2,390,000 (AED 1,958 per sqft)

4609 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4609, each contractTypical two-bed in Paramount Tower Hotel & Residences Downtown
125K150K175K202220242026Typical rent by year: 2022 AED 120,000; 2023 AED 140,000; 2024 AED 166,500; 2025 AED 175,000; 2026 AED 155,000

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 4609 sits

All 329 2-beds →

4609 last sold in August 2025 at AED 1,958 per sqft, 4% above what two-beds in Paramount Tower Hotel & Residences Downtown were fetching at the time (AED 1,879). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Sep 20262,350,000
13 Aug 20262,725,000
25 Jun 20263,200,000
6 May 20262,800,000
14 2-bed sales in the last 12 months

Paramount Tower Hotel & Residences Downtown

Building

784 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%
Paramount Tower Hotel & Residences Downtown, Business Bay: prices, sales and rents →
Value
46012-bedAED 2.58M · Dec 2024
46022-bedAED 2.2M · Dec 2016
46032-bedAED 2.19M · Oct 2015
46042-bedAED 2.19M · Oct 2015
46052-bedAED 2.3M · Aug 2024
46063-bedAED 3.2M · Oct 2015
46073-bedAED 2.52M · Feb 2022
1–7 of 12

4609, Paramount Tower Hotel & Residences Downtown in numbers

  • Sold 3 times: first on 28 October 2015 for AED 2,473,800, last on 21 August 2025 for AED 2,390,000 (AED 1,958 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 21 August 2025.

Questions about 4609, Paramount Tower Hotel & Residences Downtown

What did unit 4609 last sell for?

AED 2,390,000 on 21 August 2025: AED 1,958 per sqft for 1,221 sqft. The unit has 3 registered sales; the first was AED 2,473,800 in October 2015.

How big is unit 4609?

1,221 sqft (113.4 sqm): a two-bedroom apartment on the 46th floor of a 63-storey tower completed in 2022.

What is unit 4609 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 4609? 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.

How OpenOffers works

Mortgage on 4609, Paramount Tower Hotel & Residences Downtown

Starts from the last sale price (AED 2.39M, 21 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,390,000
Deposit, UAE resident (20%)
AED 478,000
Deposit, non-resident (40%)
AED 956,000
Monthly over 25 years at 3.7%
AED 9,778

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →