5413, Paramount Tower Hotel & Residences Downtown
Sold prices and rental history: sold 3 times, last in April 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5413, Paramount Tower Hotel & Residences Downtown
What is 5413 worth today?
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Source: Dubai Land Department. Updated 26 February 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 679 sqft
- Floor
- 54th of 63
- Parking
- P4-11
- Developer
- Namaa Properties Development
- Completed
- 2022
- Service charge
- AED 13,500 /yr
- Last sold
- AED 2M · April 2025
About 5413, Paramount Tower Hotel & Residences Downtown
5413 is a one-bedroom apartment of 679 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. It last sold on 29 April 2025 for AED 2,000,000, or AED 2,946 per sqft, 29% above the AED 2,277 one-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 26 February 2026, is AED 120,000 a year: a gross yield of 6.0% on the 2025 price, before the service charge of about AED 13,500 a year.
Sales and rents for 5413 over time
5413 has sold 3 times; 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 5413 sits
All 174 1-beds →5413 last sold in April 2025 at AED 2,946 per sqft, 29% above what one-beds in Paramount Tower Hotel & Residences Downtown were fetching at the time (AED 2,277). 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. 5413's AED 120,000 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 54th floor
All 784 units in Paramount Tower Hotel & Residences Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5401 | 2-bed | 1,339 sqft | AED 1.83MAED 1,830,413 · Mar 2020March 2020 | 190,000 /yr | |
| 5402 | 2-bed | 1,152 sqft | AED 2.22MAED 2,219,000 · May 2017May 2017 | 118,000 /yr | |
| 5403 | 2-bed | 1,107 sqft | AED 2.21MAED 2,209,000 · May 2017May 2017 | 130,000 /yr | |
| 5404 | 2-bed | 1,107 sqft | AED 1.99MAED 1,993,000 · Mar 2019March 2019 | ||
| 5405 | 2-bed | 1,166 sqft | AED 2.03MAED 2,030,000 · Dec 2022December 2022 | 165,000 /yr | |
| 5406 | 3-bed | 1,586 sqft | AED 2.7MAED 2,700,000 · Apr 2023April 2023 | ||
| 5407 | 3-bed | 1,645 sqft | AED 2.7MAED 2,700,000 · Apr 2023April 2023 | ||
| 5408 | 3-bed | 1,644 sqft | AED 2.6MAED 2,600,000 · Mar 2023March 2023 | 72,000 /yr | |
| 5409 | 2-bed | 1,221 sqft | AED 2.55MAED 2,550,000 · Jan 2026January 2026 | 190,000 /yr | |
| 5410 | 2-bed | 593 sqft | AED 2.43MAED 2,433,000 · Jan 2018January 2018 | 120,000 /yr | |
| 5411 | 2-bed | 1,290 sqft | AED 1.77MAED 1,771,440 · Jan 2020January 2020 | 145,313 /yr | |
| 5412 | 1-bed | 681 sqft | AED 1.28MAED 1,275,000 · Jan 2023January 2023 | 135,000 /yr |
5413, Paramount Tower Hotel & Residences Downtown in numbers
- Sold 3 times: first on 3 November 2021 for AED 1,182,818, last on 29 April 2025 for AED 2,000,000 (AED 2,946 per sqft).
- Rented since December 2022 on 3 Ejari contracts, from AED 81,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2025 price is 6.0%, before a service charge of about AED 13,500 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 26 February 2026.
Questions about 5413, Paramount Tower Hotel & Residences Downtown
What did unit 5413 last sell for?
AED 2,000,000 on 29 April 2025: AED 2,946 per sqft for 679 sqft. The unit has 3 registered sales; the first was AED 1,182,818 in November 2021.
What is the rent for unit 5413?
AED 120,000 a year on the contract renewed on 26 February 2026. The previous contract, from February 2025, was AED 120,000; the unit has been rented since December 2022.
How big is unit 5413?
679 sqft (63.1 sqm): a one-bedroom apartment on the 54th floor of a 63-storey tower completed in 2022.
What is unit 5413 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 5413, Paramount Tower Hotel & Residences Downtown
Starts from the last sale price (AED 2M, 29 April 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →