4813, Paramount Tower Hotel & Residences Downtown
Sold prices and rental history: sold once, by the developer in March 2019, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4813, Paramount Tower Hotel & Residences Downtown
What is 4813 worth today?
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Source: Dubai Land Department. Updated 3 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 663 sqft
- Floor
- 48th of 63
- Parking
- P6-05
- Developer
- Namaa Properties Development
- Completed
- 2022
- Service charge
- AED 13,200 /yr
- Last sold
- AED 1.18M · March 2019
About 4813, Paramount Tower Hotel & Residences Downtown
4813 is a one-bedroom apartment of 663 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 4 March 2019 for AED 1,179,090, or AED 1,779 per sqft, in line with the AED 1,768 one-beds in the building were fetching at the time.
It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 3 August 2026, is AED 100,000 a year: a gross yield of 8.5% on the 2019 price, before the service charge of about AED 13,200 a year.
Sales and rents for 4813 over time
4813 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 4813 sits
All 174 1-beds →4813 last sold in March 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 1,768). 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. 4813's AED 100,000 is in the lower 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 | |
| 4812 | 1-bed | 681 sqft | AED 1.21MAED 1,211,000 · Sep 2019September 2019 | 120,000 /yr |
4813, Paramount Tower Hotel & Residences Downtown in numbers
- Sold once: by Namaa Properties Development on 4 March 2019 for AED 1,179,090, or AED 1,779 per sqft.
- Rented since August 2024 on 3 Ejari contracts, from AED 110,000 to AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2019 price is 8.5%, before a service charge of about AED 13,200 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 3 August 2026.
Questions about 4813, Paramount Tower Hotel & Residences Downtown
What did unit 4813 last sell for?
AED 1,179,090 on 4 March 2019, sold by the developer: AED 1,779 per sqft for 663 sqft. It is the only registered sale of the unit.
What is the rent for unit 4813?
AED 100,000 a year on the contract signed on 3 August 2026. The previous contract, from August 2025, was AED 110,000; the unit has been rented since August 2024.
How big is unit 4813?
663 sqft (61.6 sqm): a one-bedroom apartment on the 48th floor of a 63-storey tower completed in 2022.
What is unit 4813 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 4813, Paramount Tower Hotel & Residences Downtown
Starts from the last sale price (AED 1.18M, 4 March 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,179,090
- Deposit, UAE resident (20%)
- AED 235,818
- Deposit, non-resident (40%)
- AED 471,636
- Monthly over 25 years at 3.7%
- AED 4,824
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →