4812, Paramount Tower Hotel & Residences Downtown
Sold prices and rental history: sold once, by the developer in September 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 4812, Paramount Tower Hotel & Residences Downtown
What is 4812 worth today?
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Source: Dubai Land Department. Updated 10 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 681 sqft
- Floor
- 48th of 63
- Parking
- P6-04
- Developer
- Namaa Properties Development
- Completed
- 2022
- Service charge
- AED 13,600 /yr
- Last sold
- AED 1.21M · September 2019
About 4812, Paramount Tower Hotel & Residences Downtown
4812 is a one-bedroom apartment of 681 sqft on the 48th 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 10 September 2019 for AED 1,211,000, or AED 1,779 per sqft, in line with the AED 1,786 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 10 October 2025, is AED 120,000 a year: a gross yield of 9.9% on the 2019 price, before the service charge of about AED 13,600 a year.
Sales and rents for 4812 over time
4812 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 4812 sits
All 174 1-beds →4812 last sold in September 2019 at AED 1,779 per sqft, in line with what one-beds in Paramount Tower Hotel & Residences Downtown were fetching at the time (AED 1,786). 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. 4812'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 48th floor
All 784 units in Paramount Tower Hotel & Residences Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4801 | 2-bed | 1,339 sqft | AED 2.35MAED 2,346,624 · Jan 2016January 2016 | 185,000 /yr | |
| 4802 | 2-bed | 1,167 sqft | AED 2.21MAED 2,208,750 · Oct 2015October 2015 | 130,000 /yr | |
| 4803 | 2-bed | 1,121 sqft | AED 2.45MAED 2,450,000 · Mar 2024March 2024 | 165,000 /yr | |
| 4804 | 2-bed | 1,121 sqft | AED 2.2MAED 2,199,250 · Jan 2016January 2016 | 155,000 /yr | |
| 4805 | 2-bed | 1,152 sqft | AED 2.33MAED 2,326,000 · Jul 2017July 2017 | 165,000 /yr | |
| 4806 | 3-bed | 1,586 sqft | AED 3.57MAED 3,573,500 · Mar 2025March 2025 | 260,004 /yr | |
| 4807 | 3-bed | 1,645 sqft | AED 3.44MAED 3,436,150 · Oct 2015October 2015 | 150,000 /yr | |
| 4808 | 3-bed | 1,644 sqft | AED 2.76MAED 2,759,000 · Oct 2019October 2019 | 165,000 /yr | |
| 4809 | 2-bed | 1,221 sqft | AED 2.1MAED 2,100,000 · May 2024May 2024 | 160,000 /yr | |
| 4810 | 2-bed | 1,186 sqft | AED 2.05MAED 2,050,000 · Feb 2024February 2024 | ||
| 4811 | 2-bed | 1,290 sqft | AED 2.18MAED 2,175,000 · Jun 2025June 2025 | 180,000 /yr | |
| 4813 | 1-bed | 663 sqft | AED 1.18MAED 1,179,090 · Mar 2019March 2019 | 100,000 /yr |
4812, Paramount Tower Hotel & Residences Downtown in numbers
- Sold once: by Namaa Properties Development on 10 September 2019 for AED 1,211,000, or AED 1,779 per sqft.
- Rented since September 2022 on 4 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 9.9%, 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 10 October 2025.
Questions about 4812, Paramount Tower Hotel & Residences Downtown
What did unit 4812 last sell for?
AED 1,211,000 on 10 September 2019, sold by the developer: AED 1,779 per sqft for 681 sqft. It is the only registered sale of the unit.
What is the rent for unit 4812?
AED 120,000 a year on the contract renewed on 10 October 2025. The previous contract, from October 2024, was AED 120,000; the unit has been rented since September 2022.
How big is unit 4812?
681 sqft (63.3 sqm): a one-bedroom apartment on the 48th floor of a 63-storey tower completed in 2022.
What is unit 4812 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 4812, Paramount Tower Hotel & Residences Downtown
Starts from the last sale price (AED 1.21M, 10 September 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,211,000
- Deposit, UAE resident (20%)
- AED 242,200
- Deposit, non-resident (40%)
- AED 484,400
- Monthly over 25 years at 3.7%
- AED 4,955
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →