5313, Paramount Tower Hotel & Residences Downtown
Sold prices and rental history: sold once, by the developer in March 2019, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5313, Paramount Tower Hotel & Residences Downtown
What is 5313 worth today?
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Source: Dubai Land Department. Updated 7 February 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 663 sqft
- Floor
- 53rd of 63
- Parking
- P4-01
- Developer
- Namaa Properties Development
- Completed
- 2022
- Service charge
- AED 13,200 /yr
- Last sold
- AED 1.21M · March 2019
About 5313, Paramount Tower Hotel & Residences Downtown
5313 is a one-bedroom apartment of 663 sqft on the 53rd 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 6 March 2019 for AED 1,210,000, or AED 1,826 per sqft, 3% above the AED 1,770 one-beds in the building were fetching at the time.
It has been rented continuously since 2023 on 7 Ejari contracts. The current contract, renewed on 7 February 2026, is AED 105,000 a year: a gross yield of 8.7% on the 2019 price, before the service charge of about AED 13,200 a year.
Sales and rents for 5313 over time
5313 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 5313 sits
All 174 1-beds →5313 last sold in March 2019 at AED 1,826 per sqft, 3% above what one-beds in Paramount Tower Hotel & Residences Downtown were fetching at the time (AED 1,770). 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. 5313's AED 105,000 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 53rd floor
All 784 units in Paramount Tower Hotel & Residences Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5301 | 2-bed | 1,340 sqft | AED 2.55MAED 2,553,600 · Oct 2015October 2015 | 190,000 /yr | |
| 5302 | 2-bed | 598 sqft | AED 871KAED 871,329 · Jun 2025June 2025 | ||
| 5303 | 2-bed | 1,121 sqft | AED 2.21MAED 2,211,600 · Oct 2015October 2015 | 170,000 /yr | |
| 5304 | 2-bed | 1,121 sqft | AED 1.78MAED 1,775,000 · Apr 2022April 2022 | 190,000 /yr | |
| 5305 | 2-bed | 1,166 sqft | AED 1.95MAED 1,950,000 · Aug 2022August 2022 | 135,000 /yr | |
| 5306 | 3-bed | 1,586 sqft | AED 2.85MAED 2,850,000 · Sep 2023September 2023 | ||
| 5307 | 2-bed | 1,176 sqft | AED 2.26MAED 2,260,000 · May 2023May 2023 | ||
| 5308 | Studio | 467 sqft | AED 900KAED 900,000 · Jul 2019July 2019 | 65,000 /yr | |
| 5309 | 2-bed | 1,221 sqft | AED 2.15MAED 2,148,888 · Jun 2024June 2024 | 140,000 /yr | |
| 5310 | 2-bed | 1,186 sqft | AED 2.4MAED 2,400,000 · Oct 2024October 2024 | 100,000 /yr | |
| 5311 | 2-bed | 1,290 sqft | AED 2MAED 2,000,000 · Jun 2024June 2024 | 155,000 /yr | |
| 5312 | 1-bed | 681 sqft | AED 1.45MAED 1,450,000 · Apr 2024April 2024 | 90,000 /yr | |
| 5307A | Studio | 466 sqft | AED 1.1MAED 1,100,000 · Nov 2023November 2023 | 65,000 /yr | |
| 5307B | Studio | 466 sqft | AED 1.03MAED 1,025,000 · Sep 2023September 2023 | 74,799 /yr | |
| 5308A | 1-bed | 697 sqft | AED 1.1MAED 1,097,034 · May 2022May 2022 | 90,000 /yr |
5313, Paramount Tower Hotel & Residences Downtown in numbers
- Sold once: by Namaa Properties Development on 6 March 2019 for AED 1,210,000, or AED 1,826 per sqft.
- Rented since February 2023 on 7 Ejari contracts, at AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2019 price is 8.7%, 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 7 February 2026.
Questions about 5313, Paramount Tower Hotel & Residences Downtown
What did unit 5313 last sell for?
AED 1,210,000 on 6 March 2019, sold by the developer: AED 1,826 per sqft for 663 sqft. It is the only registered sale of the unit.
What is the rent for unit 5313?
AED 105,000 a year on the contract renewed on 7 February 2026. The previous contract, from May 2025, was AED 120,000; the unit has been rented since February 2023.
How big is unit 5313?
663 sqft (61.6 sqm): a one-bedroom apartment on the 53rd floor of a 63-storey tower completed in 2022.
What is unit 5313 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 5313, Paramount Tower Hotel & Residences Downtown
Starts from the last sale price (AED 1.21M, 6 March 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,210,000
- Deposit, UAE resident (20%)
- AED 242,000
- Deposit, non-resident (40%)
- AED 484,000
- Monthly over 25 years at 3.7%
- AED 4,950
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →