4913, Paramount Tower Hotel & Residences Downtown
Sold prices and rental history: sold once, by the developer in August 2016, 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 4913, Paramount Tower Hotel & Residences Downtown
What is 4913 worth today?
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Source: Dubai Land Department. Updated 1 November 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 663 sqft
- Floor
- 49th of 63
- Parking
- P5-41
- Developer
- Namaa Properties Development
- Completed
- 2022
- Service charge
- AED 13,200 /yr
- Last sold
- AED 1.56M · August 2016
About 4913, Paramount Tower Hotel & Residences Downtown
4913 is a one-bedroom apartment of 663 sqft on the 49th 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 28 August 2016 for AED 1,561,052, or AED 2,355 per sqft, in line with the AED 2,355 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 1 November 2025, is AED 130,000 a year: a gross yield of 8.3% on the 2016 price, before the service charge of about AED 13,200 a year.
Sales and rents for 4913 over time
4913 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 4913 sits
All 174 1-beds →4913 last sold in August 2016 at AED 2,355 per sqft, in line with what one-beds in Paramount Tower Hotel & Residences Downtown were fetching at the time (AED 2,355). 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. 4913's AED 130,000 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 49th floor
All 784 units in Paramount Tower Hotel & Residences Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4901 | 2-bed | 1,339 sqft | AED 2.4MAED 2,400,000 · Jun 2023June 2023 | 220,000 /yr | |
| 4902 | 2-bed | 1,167 sqft | AED 2.4MAED 2,400,000 · Feb 2025February 2025 | ||
| 4903 | 2-bed | 1,121 sqft | AED 2.05MAED 2,050,000 · Dec 2022December 2022 | ||
| 4904 | 2-bed | 1,121 sqft | AED 2.2MAED 2,199,250 · Dec 2015December 2015 | 190,000 /yr | |
| 4905 | 2-bed | 1,166 sqft | AED 1.77MAED 1,768,997 · Sep 2021September 2021 | ||
| 4906 | 3-bed | 1,586 sqft | AED 3.53MAED 3,530,200 · Oct 2015October 2015 | 189,000 /yr | |
| 4907 | 3-bed | 1,645 sqft | AED 2.77MAED 2,773,730 · Dec 2021December 2021 | 180,000 /yr | |
| 4908 | 3-bed | 1,644 sqft | AED 2.41MAED 2,411,847 · Mar 2022March 2022 | 191,670 /yr | |
| 4909 | 2-bed | 1,221 sqft | AED 1.85MAED 1,851,109 · Nov 2021November 2021 | 130,000 /yr | |
| 4910 | 2-bed | 607 sqft | AED 700KAED 700,000 · May 2019May 2019 | 155,000 /yr | |
| 4911 | 2-bed | 1,290 sqft | AED 2.29MAED 2,287,000 · Nov 2019November 2019 | 147,000 /yr | |
| 4912 | 1-bed | 681 sqft | AED 1.22MAED 1,220,000 · Nov 2022November 2022 |
4913, Paramount Tower Hotel & Residences Downtown in numbers
- Sold once: by Namaa Properties Development on 28 August 2016 for AED 1,561,052, or AED 2,355 per sqft.
- Rented since September 2022 on 4 Ejari contracts, from AED 85,000 to AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2016 price is 8.3%, 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 1 November 2025.
Questions about 4913, Paramount Tower Hotel & Residences Downtown
What did unit 4913 last sell for?
AED 1,561,052 on 28 August 2016, sold by the developer: AED 2,355 per sqft for 663 sqft. It is the only registered sale of the unit.
What is the rent for unit 4913?
AED 130,000 a year on the contract signed on 1 November 2025. The previous contract, from October 2024, was AED 90,000; the unit has been rented since September 2022.
How big is unit 4913?
663 sqft (61.6 sqm): a one-bedroom apartment on the 49th floor of a 63-storey tower completed in 2022.
What is unit 4913 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 4913, Paramount Tower Hotel & Residences Downtown
Starts from the last sale price (AED 1.56M, 28 August 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,561,052
- Deposit, UAE resident (20%)
- AED 312,210
- Deposit, non-resident (40%)
- AED 624,421
- Monthly over 25 years at 3.7%
- AED 6,387
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →