5112, Paramount Tower Hotel & Residences Downtown
Sold prices and rental history: sold once, by the developer in December 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5112, Paramount Tower Hotel & Residences Downtown
What is 5112 worth today?
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Source: Dubai Land Department. Updated 25 December 2018.
Key facts
- Type
- 1-bed apartment
- Size
- 681 sqft
- Floor
- 51st of 63
- Parking
- P5-21
- Developer
- Namaa Properties Development
- Completed
- 2022
- Service charge
- AED 13,600 /yr
- Last sold
- AED 1.2M · December 2018
About 5112, Paramount Tower Hotel & Residences Downtown
5112 is a one-bedroom apartment of 681 sqft on the 51st 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 25 December 2018 for AED 1,202,000, or AED 1,765 per sqft, in line with the AED 1,765 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 5112 over time
5112 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 5112 sits
All 174 1-beds →5112 last sold in December 2018 at AED 1,765 per sqft, in line with what one-beds in Paramount Tower Hotel & Residences Downtown were fetching at the time (AED 1,765). 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.
| 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. 32 sold in the last 12 months.
- Typical price per sqft
- AED 2,009 Up 3.5%
- Typical sale
- AED 2.38M
- Typical rent
- AED 150K /yr
- Typical yield
- 6.6%
Other units on the 51st floor
All 784 units in Paramount Tower Hotel & Residences Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5101 | 2-bed | 1,339 sqft | AED 2.28MAED 2,282,995 · Aug 2021August 2021 | 157,000 /yr | |
| 5102 | 2-bed | 1,167 sqft | AED 2.5MAED 2,500,000 · Feb 2024February 2024 | 170,000 /yr | |
| 5103 | 2-bed | 1,121 sqft | AED 2.2MAED 2,199,250 · Apr 2016April 2016 | 180,000 /yr | |
| 5104 | 2-bed | 1,121 sqft | AED 2.2MAED 2,199,250 · Oct 2015October 2015 | 150,000 /yr | |
| 5105 | 2-bed | 1,166 sqft | AED 2.2MAED 2,200,000 · Nov 2023November 2023 | ||
| 5106 | 3-bed | 1,586 sqft | AED 3.53MAED 3,530,200 · Oct 2015October 2015 | 240,000 /yr | |
| 5107 | 3-bed | 1,645 sqft | AED 3.52MAED 3,521,650 · Jul 2016July 2016 | 200,000 /yr | |
| 5108 | 3-bed | 1,644 sqft | AED 2.95MAED 2,950,000 · Oct 2023October 2023 | 350,000 /yr | |
| 5109 | 2-bed | 1,221 sqft | AED 1.86MAED 1,860,682 · Dec 2021December 2021 | 130,000 /yr | |
| 5110 | 2-bed | 1,186 sqft | AED 2.45MAED 2,450,000 · Jan 2026January 2026 | 150,000 /yr | |
| 5111 | 2-bed | 1,290 sqft | AED 2.76MAED 2,759,750 · Apr 2016April 2016 | 160,000 /yr | |
| 5113 | 1-bed | 679 sqft | AED 1.17MAED 1,174,670 · Dec 2021December 2021 | 96,000 /yr |
5112, Paramount Tower Hotel & Residences Downtown in numbers
- Sold once: by Namaa Properties Development on 25 December 2018 for AED 1,202,000, or AED 1,765 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 2,009 per sqft.
Source: Dubai Land Department. Updated 25 December 2018.
Questions about 5112, Paramount Tower Hotel & Residences Downtown
What did unit 5112 last sell for?
AED 1,202,000 on 25 December 2018, sold by the developer: AED 1,765 per sqft for 681 sqft. It is the only registered sale of the unit.
How big is unit 5112?
681 sqft (63.3 sqm): a one-bedroom apartment on the 51st floor of a 63-storey tower completed in 2022.
What is unit 5112 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 5112, Paramount Tower Hotel & Residences Downtown
Starts from the last sale price (AED 1.2M, 25 December 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,202,000
- Deposit, UAE resident (20%)
- AED 240,400
- Deposit, non-resident (40%)
- AED 480,800
- Monthly over 25 years at 3.7%
- AED 4,918
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →