2-bed · 593 sqftParamount Tower Hotel & Residences Downtown, Business Bay · 54th floor · completed 2022

5410, Paramount Tower Hotel & Residences Downtown

Sold prices and rental history: sold once, by the developer in January 2018, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5410 · DLD and Ejari recordsUpdated 20 July 2026
Last soldAED 2.43M10 January 2018
Current rentAED 120K /yr20 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5410, Paramount Tower Hotel & Residences Downtown

What is 5410 worth today?

Last sold for AED 2,433,000 in 2018

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20 Jul 2026RentedRenewal
AED 120,000/yr13 months · AED 101 per sqft
20 Jul 2025RentedRenewal
AED 130,000/yr12 months · AED 110 per sqft
20 Jul 2025RentedRenewal
AED 130,000/yr12 months · AED 110 per sqft
20 Jul 2024RentedRenewal
AED 130,000/yr12 months · AED 110 per sqft
20 Jul 2023RentedRenewal
AED 110,000/yr12 months · AED 93 per sqft
20 Jul 2022RentedNew contract
AED 110,000/yr12 months · AED 93 per sqft
10 Jan 2018Sold by developerOff-plan
AED 2,433,000AED 2,080 per sqft

Source: Dubai Land Department. Updated 20 July 2026.

Key facts

Type
2-bed apartment
Size
593 sqft
Floor
54th of 63
Parking
P4-08
Developer
Namaa Properties Development
Completed
2022
Service charge
AED 11,800 /yr
Last sold
AED 2.43M · January 2018

About 5410, Paramount Tower Hotel & Residences Downtown

5410 is a two-bedroom apartment of 593 sqft on the 54th 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 10 January 2018 for AED 2,433,000, or AED 2,080 per sqft, 4% above the AED 1,995 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, renewed on 20 July 2026, is AED 120,000 a year: a gross yield of 4.9% on the 2018 price, before the service charge of about AED 11,800 a year.

Sales and rents for 5410 over time

Sales
Unit 5410, 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, January 2018: AED 2,433,000 (AED 2,080 per sqft)

5410 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5410, each contractTypical two-bed in Paramount Tower Hotel & Residences Downtown
100K150K202220242026Typical rent by year: 2022 AED 120,000; 2023 AED 140,000; 2024 AED 166,500; 2025 AED 175,000; 2026 AED 155,000New contract, July 2022: AED 110,000 a yearRenewal, July 2023: AED 110,000 a yearRenewal, July 2024: AED 130,000 a yearRenewal, July 2025: AED 130,000 a yearRenewal, July 2025: AED 130,000 a yearRenewal, July 2026: AED 120,000 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 5410 sits

All 329 2-beds →

5410 last sold in January 2018 at AED 2,080 per sqft, 4% above what two-beds in Paramount Tower Hotel & Residences Downtown were fetching at the time (AED 1,995). 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. 5410's AED 120,000 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
54012-bedAED 1.83M · Mar 2020
54022-bedAED 2.22M · May 2017
54032-bedAED 2.21M · May 2017
54042-bedAED 1.99M · Mar 2019
54052-bedAED 2.03M · Dec 2022
54063-bedAED 2.7M · Apr 2023
54073-bedAED 2.7M · Apr 2023
1–7 of 12

5410, Paramount Tower Hotel & Residences Downtown in numbers

  • Sold once: by Namaa Properties Development on 10 January 2018 for AED 2,433,000, or AED 2,080 per sqft.
  • Rented since July 2022 on 6 Ejari contracts, from AED 110,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2018 price is 4.9%, before a service charge of about AED 11,800 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 20 July 2026.

Questions about 5410, Paramount Tower Hotel & Residences Downtown

What did unit 5410 last sell for?

AED 2,433,000 on 10 January 2018, sold by the developer: AED 2,080 per sqft for 593 sqft. It is the only registered sale of the unit.

What is the rent for unit 5410?

AED 120,000 a year on the contract renewed on 20 July 2026. The previous contract, from July 2025, was AED 130,000; the unit has been rented since July 2022.

How big is unit 5410?

593 sqft (55.1 sqm): a two-bedroom apartment on the 54th floor of a 63-storey tower completed in 2022.

What is unit 5410 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 5410, Paramount Tower Hotel & Residences Downtown

Starts from the last sale price (AED 2.43M, 10 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,433,000
Deposit, UAE resident (20%)
AED 486,600
Deposit, non-resident (40%)
AED 973,200
Monthly over 25 years at 3.7%
AED 9,954

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