4612, Paramount Tower Hotel & Residences Downtown
Sold prices and rental history: sold once, by the developer in September 2021, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4612, Paramount Tower Hotel & Residences Downtown
What is 4612 worth today?
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Source: Dubai Land Department. Updated 28 November 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 681 sqft
- Floor
- 46th of 63
- Parking
- P6-24
- Developer
- Namaa Properties Development
- Completed
- 2022
- Service charge
- AED 13,600 /yr
- Last sold
- AED 1.16M · September 2021
About 4612, Paramount Tower Hotel & Residences Downtown
4612 is a one-bedroom apartment of 681 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. The developer sold it on 19 September 2021 for AED 1,164,510, or AED 1,710 per sqft, in line with the AED 1,710 one-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 28 November 2025, is AED 139,612 a year: a gross yield of 12.0% on the 2021 price, before the service charge of about AED 13,600 a year.
Sales and rents for 4612 over time
4612 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 4612 sits
All 174 1-beds →4612 last sold in September 2021 at AED 1,710 per sqft, in line with what one-beds in Paramount Tower Hotel & Residences Downtown were fetching at the time (AED 1,710). 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. 4612's AED 139,612 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 46th floor
All 784 units in Paramount Tower Hotel & Residences Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4601 | 2-bed | 1,339 sqft | AED 2.58MAED 2,580,000 · Dec 2024December 2024 | 180,000 /yr | |
| 4602 | 2-bed | 1,152 sqft | AED 2.2MAED 2,196,680 · Dec 2016December 2016 | 140,000 /yr | |
| 4603 | 2-bed | 1,121 sqft | AED 2.19MAED 2,187,850 · Oct 2015October 2015 | 200,000 /yr | |
| 4604 | 2-bed | 1,121 sqft | AED 2.19MAED 2,187,850 · Oct 2015October 2015 | 100,000 /yr | |
| 4605 | 2-bed | 1,166 sqft | AED 2.3MAED 2,300,000 · Aug 2024August 2024 | ||
| 4606 | 3-bed | 1,586 sqft | AED 3.2MAED 3,196,750 · Oct 2015October 2015 | 190,000 /yr | |
| 4607 | 3-bed | 1,645 sqft | AED 2.52MAED 2,524,498 · Feb 2022February 2022 | 210,000 /yr | |
| 4608 | 3-bed | 1,644 sqft | AED 2.77MAED 2,770,000 · Mar 2024March 2024 | 150,000 /yr | |
| 4609 | 2-bed | 1,221 sqft | AED 2.39MAED 2,390,000 · Aug 2025August 2025 | ||
| 4610 | 2-bed | 1,186 sqft | AED 2MAED 2,000,000 · Mar 2024March 2024 | ||
| 4611 | 2-bed | 1,290 sqft | AED 2.19MAED 2,191,200 · Feb 2022February 2022 | ||
| 4613 | 1-bed | 679 sqft | AED 1.88MAED 1,875,000 · Aug 2025August 2025 | 110,000 /yr |
4612, Paramount Tower Hotel & Residences Downtown in numbers
- Sold once: by Namaa Properties Development on 19 September 2021 for AED 1,164,510, or AED 1,710 per sqft.
- Rented since August 2022 on 3 Ejari contracts, from AED 81,000 to AED 139,612 a year.
- At AED 139,612 a year the gross yield on the 2021 price is 12.0%, 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 28 November 2025.
Questions about 4612, Paramount Tower Hotel & Residences Downtown
What did unit 4612 last sell for?
AED 1,164,510 on 19 September 2021, sold by the developer: AED 1,710 per sqft for 681 sqft. It is the only registered sale of the unit.
What is the rent for unit 4612?
AED 139,612 a year on the contract signed on 28 November 2025. The previous contract, from November 2024, was AED 138,000; the unit has been rented since August 2022.
How big is unit 4612?
681 sqft (63.3 sqm): a one-bedroom apartment on the 46th floor of a 63-storey tower completed in 2022.
What is unit 4612 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 4612, Paramount Tower Hotel & Residences Downtown
Starts from the last sale price (AED 1.16M, 19 September 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,164,510
- Deposit, UAE resident (20%)
- AED 232,902
- Deposit, non-resident (40%)
- AED 465,804
- Monthly over 25 years at 3.7%
- AED 4,764
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →