5513, Paramount Tower Hotel & Residences Downtown
Sold prices and rental history: sold 3 times, last in October 2026, 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 5513, Paramount Tower Hotel & Residences Downtown
What is 5513 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 15 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 679 sqft
- Floor
- 55th of 63
- Parking
- P4-21
- Developer
- Namaa Properties Development
- Completed
- 2022
- Service charge
- AED 13,500 /yr
- Last sold
- AED 1.4M · October 2026
About 5513, Paramount Tower Hotel & Residences Downtown
5513 is a one-bedroom apartment of 679 sqft on the 55th 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 15 October 2026 for AED 1,400,000, or AED 2,062 per sqft, in line with the AED 2,119 one-beds in the building were fetching at the time.
It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 16 July 2026, is AED 110,000 a year: a gross yield of 7.9% on the 2026 price, before the service charge of about AED 13,500 a year.
Sales and rents for 5513 over time
5513 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 5513 sits
All 174 1-beds →5513 last sold in October 2026 at AED 2,062 per sqft, in line with what one-beds in Paramount Tower Hotel & Residences Downtown were fetching at the time (AED 2,119). 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. 5513's AED 110,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 | ||
| 19 Feb 202619 February 2026 | 898 sqft | 1,800,000 | 2,005 |
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 55th floor
All 784 units in Paramount Tower Hotel & Residences Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5501 | 2-bed | 1,339 sqft | AED 2.5MAED 2,500,000 · Jun 2023June 2023 | 180,000 /yr | |
| 5502 | 2-bed | 1,167 sqft | AED 2.01MAED 2,008,407 · Nov 2021November 2021 | 190,000 /yr | |
| 5503 | 2-bed | 1,121 sqft | AED 3MAED 3,000,000 · Mar 2024March 2024 | ||
| 5504 | 2-bed | 1,121 sqft | AED 1.93MAED 1,929,241 · Sep 2021September 2021 | ||
| 5505 | 2-bed | 1,152 sqft | AED 2.08MAED 2,077,000 · Feb 2019February 2019 | 150,000 /yr | |
| 5506 | 3-bed | 1,586 sqft | AED 2.7MAED 2,700,508 · Oct 2021October 2021 | ||
| 5507 | 3-bed | 1,645 sqft | AED 2.89MAED 2,890,000 · Oct 2023October 2023 | 195,000 /yr | |
| 5508 | 3-bed | 1,644 sqft | AED 2.9MAED 2,900,000 · Nov 2024November 2024 | 220,000 /yr | |
| 5509 | 2-bed | 1,221 sqft | AED 1.61MAED 1,605,800 · Oct 2020October 2020 | 175,000 /yr | |
| 5510 | 2-bed | 1,186 sqft | AED 1.57MAED 1,566,706 · Mar 2020March 2020 | 165,000 /yr | |
| 5511 | 2-bed | 1,290 sqft | AED 2.1MAED 2,100,000 · Nov 2023November 2023 | 165,000 /yr | |
| 5512 | 1-bed | 681 sqft | AED 1.7MAED 1,700,000 · Mar 2025March 2025 | 147,500 /yr |
5513, Paramount Tower Hotel & Residences Downtown in numbers
- Sold 3 times: first on 31 August 2016 for AED 1,610,400, last on 15 October 2026 for AED 1,400,000 (AED 2,062 per sqft).
- Rented since January 2023 on 4 Ejari contracts, at AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2026 price is 7.9%, 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 15 October 2026.
Questions about 5513, Paramount Tower Hotel & Residences Downtown
What did unit 5513 last sell for?
AED 1,400,000 on 15 October 2026: AED 2,062 per sqft for 679 sqft. The unit has 3 registered sales; the first was AED 1,610,400 in August 2016.
What is the rent for unit 5513?
AED 110,000 a year on the contract renewed on 16 July 2026. The previous contract, from July 2025, was AED 125,000; the unit has been rented since January 2023.
How big is unit 5513?
679 sqft (63.1 sqm): a one-bedroom apartment on the 55th floor of a 63-storey tower completed in 2022.
What is unit 5513 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 5513? 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 5513, Paramount Tower Hotel & Residences Downtown
Starts from the last sale price (AED 1.4M, 15 October 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 1,400,000
- Deposit, UAE resident (20%)
- AED 280,000
- Deposit, non-resident (40%)
- AED 560,000
- Monthly over 25 years at 3.7%
- AED 5,728
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →