2-bed · 1,186 sqftParamount Tower Hotel & Residences Downtown, Business Bay · 52nd floor · completed 2022

5210, Paramount Tower Hotel & Residences Downtown

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5210 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 2.3M28 October 2015
Current rentAED 152K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5210, Paramount Tower Hotel & Residences Downtown

What is 5210 worth today?

Last sold for AED 2,299,000 in 2015

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1 Dec 2025RentedRenewal
AED 152,250/yr12 months · AED 128 per sqft
1 Dec 2024RentedRenewal
AED 145,000/yr12 months · AED 122 per sqft
1 Dec 2023RentedNew contract
AED 140,000/yr12 months · AED 118 per sqft
7 Oct 2022RentedNew contract
AED 120,000/yr12 months · AED 101 per sqft
28 Oct 2015Sold by developerOff-plan
AED 2,299,000AED 1,938 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type
2-bed apartment
Size
1,186 sqft
Floor
52nd of 63
Parking
P5-07
Developer
Namaa Properties Development
Completed
2022
Service charge
AED 23,600 /yr
Last sold
AED 2.3M · October 2015

About 5210, Paramount Tower Hotel & Residences Downtown

5210 is a two-bedroom apartment of 1,186 sqft on the 52nd 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 October 2015 for AED 2,299,000, or AED 1,938 per sqft, in line with the AED 1,941 two-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 1 December 2025, is AED 152,250 a year: a gross yield of 6.6% on the 2015 price, before the service charge of about AED 23,600 a year.

Sales and rents for 5210 over time

Sales
Unit 5210, each saleTypical two-bed in Paramount Tower Hotel & Residences Downtown
2M2.5M20152018202120242027Typical sale price by year: 2015 AED 2,242,950; 2016 AED 2,208,745; 2017 AED 2,214,000; 2018 AED 2,293,890; 2019 AED 2,144,000; 2020 AED 1,660,497; 2021 AED 1,965,408; 2022 AED 2,000,050; 2023 AED 2,150,000; 2024 AED 2,350,000; 2025 AED 2,400,000; 2026 AED 2,550,000Sold by developer, October 2015: AED 2,299,000 (AED 1,938 per sqft)

5210 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5210, each contractTypical two-bed in Paramount Tower Hotel & Residences Downtown
125K150K175K202220242026Typical rent by year: 2022 AED 120,000; 2023 AED 140,000; 2024 AED 166,500; 2025 AED 175,000; 2026 AED 155,000New contract, October 2022: AED 120,000 a yearNew contract, December 2023: AED 140,000 a yearRenewal, December 2024: AED 145,000 a yearRenewal, December 2025: AED 152,250 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Paramount Tower Hotel & Residences Downtown, and where 5210 sits

All 329 2-beds →

5210 last sold in October 2015 at AED 1,938 per sqft, in line with what two-beds in Paramount Tower Hotel & Residences Downtown were fetching at the time (AED 1,941). Over the last 12 months two-beds sold for AED 2,250,000 to 3,200,000, around AED 2,016 per sqft, and rent for AED 100,000 to 220,000 a year. 5210's AED 152,250 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Sep 20262,350,000
13 Aug 20262,725,000
25 Jun 20263,200,000
6 May 20262,800,000
14 2-bed sales in the last 12 months

Paramount Tower Hotel & Residences Downtown

Building

784 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%
Paramount Tower Hotel & Residences Downtown, Business Bay: prices, sales and rents →
Value
52012-bedAED 1.94M · Jul 2020
52022-bedAED 2.46M · Dec 2024
52032-bedAED 1.8M · Feb 2023
52042-bedAED 2.2M · Oct 2015
52052-bedAED 2.21M · Nov 2022
52063-bedAED 2.8M · Sep 2023
52073-bedAED 2.82M · Jun 2021
1–7 of 12

5210, Paramount Tower Hotel & Residences Downtown in numbers

  • Sold once: by Namaa Properties Development on 28 October 2015 for AED 2,299,000, or AED 1,938 per sqft.
  • Rented since October 2022 on 4 Ejari contracts, from AED 120,000 to AED 152,250 a year.
  • At AED 152,250 a year the gross yield on the 2015 price is 6.6%, before a service charge of about AED 23,600 a year (AED 19.93 per sqft).
  • Two-beds in Paramount Tower Hotel & Residences Downtown sold for AED 2,250,000–3,200,000 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 December 2025.

Questions about 5210, Paramount Tower Hotel & Residences Downtown

What did unit 5210 last sell for?

AED 2,299,000 on 28 October 2015, sold by the developer: AED 1,938 per sqft for 1,186 sqft. It is the only registered sale of the unit.

What is the rent for unit 5210?

AED 152,250 a year on the contract renewed on 1 December 2025. The previous contract, from December 2024, was AED 145,000; the unit has been rented since October 2022.

How big is unit 5210?

1,186 sqft (110.2 sqm): a two-bedroom apartment on the 52nd floor of a 63-storey tower completed in 2022.

What is unit 5210 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Paramount Tower Hotel & Residences Downtown sold for AED 2,250,000 to 3,200,000 in the last 12 months, around AED 2,016 per sqft.

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Mortgage on 5210, Paramount Tower Hotel & Residences Downtown

Starts from the last sale price (AED 2.3M, 28 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,299,000
Deposit, UAE resident (20%)
AED 459,800
Deposit, non-resident (40%)
AED 919,600
Monthly over 25 years at 3.7%
AED 9,406

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →