5212, Paramount Tower Hotel & Residences Downtown
Sold prices and rental history: sold once, by the developer in December 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 5212, Paramount Tower Hotel & Residences Downtown
What is 5212 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 19 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 681 sqft
- Floor
- 52nd of 63
- Parking
- P5-09
- Developer
- Namaa Properties Development
- Completed
- 2022
- Service charge
- AED 13,600 /yr
- Last sold
- AED 1.21M · December 2018
About 5212, Paramount Tower Hotel & Residences Downtown
5212 is a one-bedroom apartment of 681 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 18 December 2018 for AED 1,205,000, or AED 1,770 per sqft, in line with the AED 1,750 one-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 19 August 2025, is AED 130,000 a year: a gross yield of 10.8% on the 2018 price, before the service charge of about AED 13,600 a year.
Sales and rents for 5212 over time
5212 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 5212 sits
All 174 1-beds →5212 last sold in December 2018 at AED 1,770 per sqft, in line with what one-beds in Paramount Tower Hotel & Residences Downtown were fetching at the time (AED 1,750). 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. 5212'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 52nd floor
All 784 units in Paramount Tower Hotel & Residences Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5201 | 2-bed | 1,339 sqft | AED 1.94MAED 1,943,000 · Jul 2020July 2020 | 170,000 /yr | |
| 5202 | 2-bed | 1,167 sqft | AED 2.46MAED 2,460,000 · Dec 2024December 2024 | 165,000 /yr | |
| 5203 | 2-bed | 1,121 sqft | AED 1.8MAED 1,800,000 · Feb 2023February 2023 | 130,000 /yr | |
| 5204 | 2-bed | 1,121 sqft | AED 2.2MAED 2,199,250 · Oct 2015October 2015 | 200,000 /yr | |
| 5205 | 2-bed | 1,166 sqft | AED 2.21MAED 2,214,450 · Nov 2022November 2022 | 152,500 /yr | |
| 5206 | 3-bed | 1,586 sqft | AED 2.8MAED 2,800,000 · Sep 2023September 2023 | 190,000 /yr | |
| 5207 | 3-bed | 1,645 sqft | AED 2.82MAED 2,821,559 · Jun 2021June 2021 | ||
| 5208 | 3-bed | 1,644 sqft | AED 2.9MAED 2,900,000 · Jun 2025June 2025 | 210,000 /yr | |
| 5209 | 2-bed | 1,200 sqft | AED 2.26MAED 2,259,000 · Dec 2016December 2016 | 174,516 /yr | |
| 5210 | 2-bed | 1,186 sqft | AED 2.3MAED 2,299,000 · Oct 2015October 2015 | 152,250 /yr | |
| 5211 | 2-bed | 1,290 sqft | AED 2.22MAED 2,222,880 · Apr 2021April 2021 | ||
| 5213 | 1-bed | 339 sqft | AED 1.65MAED 1,654,368 · Aug 2016August 2016 | 105,000 /yr |
5212, Paramount Tower Hotel & Residences Downtown in numbers
- Sold once: by Namaa Properties Development on 18 December 2018 for AED 1,205,000, or AED 1,770 per sqft.
- Rented since August 2022 on 4 Ejari contracts, from AED 75,000 to AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2018 price is 10.8%, before a service charge of about AED 13,600 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 19 August 2025.
Questions about 5212, Paramount Tower Hotel & Residences Downtown
What did unit 5212 last sell for?
AED 1,205,000 on 18 December 2018, sold by the developer: AED 1,770 per sqft for 681 sqft. It is the only registered sale of the unit.
What is the rent for unit 5212?
AED 130,000 a year on the contract renewed on 19 August 2025. The previous contract, from August 2024, was AED 130,000; the unit has been rented since August 2022.
How big is unit 5212?
681 sqft (63.3 sqm): a one-bedroom apartment on the 52nd floor of a 63-storey tower completed in 2022.
What is unit 5212 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.
Selling 5212? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 5212, Paramount Tower Hotel & Residences Downtown
Starts from the last sale price (AED 1.21M, 18 December 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,205,000
- Deposit, UAE resident (20%)
- AED 241,000
- Deposit, non-resident (40%)
- AED 482,000
- Monthly over 25 years at 3.7%
- AED 4,930
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →