5013, Paramount Tower Hotel & Residences Downtown
Sold prices and rental history: sold once, by the developer in September 2018, 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 5013, Paramount Tower Hotel & Residences Downtown
What is 5013 worth today?
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Source: Dubai Land Department. Updated 6 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 663 sqft
- Floor
- 50th of 63
- Parking
- P5-31
- Developer
- Namaa Properties Development
- Completed
- 2022
- Service charge
- AED 13,200 /yr
- Last sold
- AED 1.37M · September 2018
About 5013, Paramount Tower Hotel & Residences Downtown
5013 is a one-bedroom apartment of 663 sqft on the 50th 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 11 September 2018 for AED 1,366,200, or AED 2,061 per sqft.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 6 September 2026, is AED 95,000 a year: a gross yield of 7.0% on the 2018 price, before the service charge of about AED 13,200 a year.
Sales and rents for 5013 over time
5013 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 5013 sits
All 174 1-beds →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. 5013's AED 95,000 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 50th floor
All 784 units in Paramount Tower Hotel & Residences Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5001 | 2-bed | 1,339 sqft | AED 2.21MAED 2,209,309 · Oct 2021October 2021 | 170,000 /yr | |
| 5002 | 2-bed | 1,167 sqft | AED 2.8MAED 2,800,000 · Jun 2024June 2024 | 165,000 /yr | |
| 5003 | 2-bed | 1,121 sqft | AED 1.87MAED 1,870,000 · Oct 2022October 2022 | 200,000 /yr | |
| 5004 | 2-bed | 1,121 sqft | AED 2.2MAED 2,199,250 · Nov 2015November 2015 | 165,000 /yr | |
| 5005 | 2-bed | 1,166 sqft | AED 2.05MAED 2,054,000 · Jul 2019July 2019 | 120,000 /yr | |
| 5006 | 3-bed | 1,586 sqft | AED 3.16MAED 3,156,000 · Nov 2022November 2022 | ||
| 5007 | 3-bed | 1,645 sqft | AED 3.52MAED 3,521,650 · Jul 2016July 2016 | 200,000 /yr | |
| 5008 | 3-bed | 1,644 sqft | AED 2.43MAED 2,426,544 · Feb 2020February 2020 | 164,000 /yr | |
| 5009 | 2-bed | 1,221 sqft | AED 1.8MAED 1,800,000 · Oct 2022October 2022 | ||
| 5010 | 2-bed | 1,186 sqft | AED 2.27MAED 2,274,300 · Oct 2015October 2015 | 120,000 /yr | |
| 5011 | 2-bed | 1,290 sqft | AED 2.21MAED 2,212,320 · Feb 2022February 2022 | 116,652 /yr | |
| 5012 | 1-bed | 681 sqft | AED 1.5MAED 1,500,000 · Jul 2016July 2016 |
5013, Paramount Tower Hotel & Residences Downtown in numbers
- Sold once: by Namaa Properties Development on 11 September 2018 for AED 1,366,200, or AED 2,061 per sqft.
- Rented since October 2022 on 4 Ejari contracts, from AED 80,000 to AED 95,000 a year.
- At AED 95,000 a year the gross yield on the 2018 price is 7.0%, 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 6 September 2026.
Questions about 5013, Paramount Tower Hotel & Residences Downtown
What did unit 5013 last sell for?
AED 1,366,200 on 11 September 2018, sold by the developer: AED 2,061 per sqft for 663 sqft. It is the only registered sale of the unit.
What is the rent for unit 5013?
AED 95,000 a year on the contract signed on 6 September 2026. The previous contract, from October 2025, was AED 110,000; the unit has been rented since October 2022.
How big is unit 5013?
663 sqft (61.6 sqm): a one-bedroom apartment on the 50th floor of a 63-storey tower completed in 2022.
What is unit 5013 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 5013, Paramount Tower Hotel & Residences Downtown
Starts from the last sale price (AED 1.37M, 11 September 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,366,200
- Deposit, UAE resident (20%)
- AED 273,240
- Deposit, non-resident (40%)
- AED 546,480
- Monthly over 25 years at 3.7%
- AED 5,590
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →