1-bed · 679 sqftParamount Tower Hotel & Residences Downtown, Business Bay · 46th floor · completed 2022

4613, Paramount Tower Hotel & Residences Downtown

Sold prices and rental history: sold 3 times, last in August 2025, and rented once, from June 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4613 · DLD and Ejari recordsUpdated 18 August 2025
Last soldAED 1.88M18 August 2025
Current rentAED 110K /yr20 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4613, Paramount Tower Hotel & Residences Downtown

What is 4613 worth today?

Last sold for AED 1,875,000 in 2025

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18 Aug 2025SoldReady
AED 1,875,000AED 2,761 per sqft
3 Jun 2025SoldReady
AED 1,625,000AED 2,393 per sqft
20 Jun 2024RentedNew contract
AED 110,000/yr12 months · AED 162 per sqft
18 Jun 2019Sold by developerOff-plan
AED 1,163,250AED 1,713 per sqft

Source: Dubai Land Department. Updated 18 August 2025.

Key facts

Type
1-bed apartment
Size
679 sqft
Floor
46th of 63
Parking
P6-25
Developer
Namaa Properties Development
Completed
2022
Service charge
AED 13,500 /yr
Last sold
AED 1.88M · August 2025

About 4613, Paramount Tower Hotel & Residences Downtown

4613 is a one-bedroom apartment of 679 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 18 August 2025 for AED 1,875,000, or AED 2,761 per sqft, 20% above the AED 2,301 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 June 2024. The current contract, signed on 20 June 2024, is AED 110,000 a year: a gross yield of 5.9% on the 2025 price, before the service charge of about AED 13,500 a year.

Sales and rents for 4613 over time

Sales
Unit 4613, each saleTypical one-bed in Paramount Tower Hotel & Residences Downtown
1.5M2M2016201920222025Typical sale price by year: 2016 AED 1,561,052; 2018 AED 1,202,000; 2019 AED 1,481,159; 2020 AED 1,467,000; 2021 AED 1,431,528; 2022 AED 1,680,000; 2023 AED 1,925,000; 2024 AED 2,000,000; 2025 AED 1,800,000; 2026 AED 1,750,000Sold by developer, June 2019: AED 1,163,250 (AED 1,713 per sqft)Sold, June 2025: AED 1,625,000 (AED 2,393 per sqft)Sold, August 2025: AED 1,875,000 (AED 2,761 per sqft)

4613 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4613, each contractTypical one-bed in Paramount Tower Hotel & Residences Downtown
80K100K120K202220242026Typical rent by year: 2022 AED 81,000; 2023 AED 90,000; 2024 AED 110,000; 2025 AED 120,000; 2026 AED 105,000New contract, June 2024: AED 110,000 a year

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 4613 sits

All 174 1-beds →

4613 last sold in August 2025 at AED 2,761 per sqft, 20% above what one-beds in Paramount Tower Hotel & Residences Downtown were fetching at the time (AED 2,301). 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. 4613's AED 110,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
15 Oct 20261,400,000
16 Jun 20262,018,990
18 May 20262,000,000
8 May 20261,650,000
8 1-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

4613, Paramount Tower Hotel & Residences Downtown in numbers

  • Sold 3 times: first on 18 June 2019 for AED 1,163,250, last on 18 August 2025 for AED 1,875,000 (AED 2,761 per sqft).
  • Rented since June 2024 on one Ejari contract, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2025 price is 5.9%, 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 18 August 2025.

Questions about 4613, Paramount Tower Hotel & Residences Downtown

What did unit 4613 last sell for?

AED 1,875,000 on 18 August 2025: AED 2,761 per sqft for 679 sqft. The unit has 3 registered sales; the first was AED 1,163,250 in June 2019.

What is the rent for unit 4613?

AED 110,000 a year on the contract signed on 20 June 2024.

How big is unit 4613?

679 sqft (63.1 sqm): a one-bedroom apartment on the 46th floor of a 63-storey tower completed in 2022.

What is unit 4613 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 4613, Paramount Tower Hotel & Residences Downtown

Starts from the last sale price (AED 1.88M, 18 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,875,000
Deposit, UAE resident (20%)
AED 375,000
Deposit, non-resident (40%)
AED 750,000
Monthly over 25 years at 3.7%
AED 7,671

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