1-bed · 681 sqftParamount Tower Hotel & Residences Downtown, Business Bay · 58th floor · completed 2022

5813, Paramount Tower Hotel & Residences Downtown

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold twice, last in June 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 5813 · DLD and Ejari recordsUpdated 1 October 2026

Last soldAED 1.55M13 June 2022

Current rentAED 100K /yr1 October 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 5813, Paramount Tower Hotel & Residences Downtown

Today

What is 5813 worth today?

Last sold for AED 1,550,000 in 2022

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1 Oct 2026

1 Oct 2026RentedNew contract

AED 100,000/yr12 months · AED 147 per sqft

1 Oct 2025

1 Oct 2025RentedRenewal

AED 100,000/yr12 months · AED 147 per sqft

1 Oct 2024

1 Oct 2024RentedRenewal

AED 100,000/yr12 months · AED 147 per sqft

1 Oct 2023

1 Oct 2023RentedNew contract

AED 100,000/yr12 months · AED 147 per sqft

1 Oct 2022

1 Oct 2022RentedNew contract

AED 90,000/yr12 months · AED 133 per sqft

13 Jun 2022

13 Jun 2022SoldReady

AED 1,550,000AED 2,276 per sqft

25 Nov 2019

25 Nov 2019Sold by developerOff-plan

AED 1,375,000AED 2,019 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type: 1-bed apartment
Size: 681 sqft
Floor: 58th of 63
Parking: P3-32
Developer: Namaa Properties Development
Completed: 2022
Service charge: AED 13,600 /yr
Last sold: AED 1.55M · June 2022
Building: Paramount Tower Hotel & Residences Downtown

About 5813, Paramount Tower Hotel & Residences Downtown

5813 is a one-bedroom apartment of 681 sqft on the 58th 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 13 June 2022 for AED 1,550,000, or AED 2,276 per sqft, 39% above the AED 1,642 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 1 October 2026, is AED 100,000 a year: a gross yield of 6.5% on the 2022 price, before the service charge of about AED 13,600 a year.

Sales and rents for 5813 over time

Sales

Unit 5813, each saleTypical one-bed in Paramount Tower Hotel & Residences Downtown

5813 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents

Unit 5813, each contractTypical one-bed in Paramount Tower Hotel & Residences Downtown

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 5813 sits

All 174 1-beds →

1-beds in Paramount Tower Hotel & Residences Downtown · last 12 months2,119 /sqft Paramount Tower Hotel & Residences Downtown · all types2,005 /sqft

5813 last sold in June 2022 at AED 2,276 per sqft, 39% above what one-beds in Paramount Tower Hotel & Residences Downtown were fetching at the time (AED 1,642). 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. 5813's AED 100,000 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
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

8 1-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 →

Other units on the 58th floor

All 784 units in Paramount Tower Hotel & Residences Downtown


5801	2-bed	1,341 sqft	AED 2.6MAED 2,600,000 · Dec 2025December 2025	187,646 /yr
5802	1-bed	951 sqft	AED 1.77MAED 1,766,000 · Sep 2019September 2019	130,000 /yr
5803	1-bed	871 sqft	AED 1.68MAED 1,680,000 · Oct 2022October 2022	120,000 /yr
5804	1-bed	922 sqft	AED 1.82MAED 1,820,000 · Jun 2024June 2024	89,847 /yr
5805	1-bed	869 sqft	AED 2MAED 2,000,000 · Nov 2024November 2024	130,000 /yr
5806	3-bed	1,584 sqft	AED 2.51MAED 2,514,758 · Nov 2021November 2021
5807	3-bed	1,645 sqft	AED 2.84MAED 2,839,720 · Dec 2021December 2021	163,000 /yr
5808	3-bed	1,644 sqft	AED 3.4MAED 3,400,000 · Jul 2024July 2024	100,000 /yr
5809	2-bed	1,221 sqft	AED 2.14MAED 2,143,000 · Sep 2019September 2019	186,758 /yr
5810	2-bed	1,190 sqft	AED 1.57MAED 1,570,800 · Jan 2020January 2020	160,000 /yr
5811	2-bed	1,291 sqft	AED 2.33MAED 2,331,000 · Nov 2020November 2020	170,000 /yr
5812	1-bed	683 sqft	AED 1.7MAED 1,700,000 · Apr 2025April 2025	119,678 /yr
5805A	1-bed	952 sqft	AED 1.85MAED 1,850,000 · Mar 2024March 2024	120,000 /yr

1–7 of 13

5813, Paramount Tower Hotel & Residences Downtown in numbers

Sold twice: first on 25 November 2019 for AED 1,375,000, last on 13 June 2022 for AED 1,550,000 (AED 2,276 per sqft).
Rented since October 2022 on 5 Ejari contracts, from AED 90,000 to AED 100,000 a year.
At AED 100,000 a year the gross yield on the 2022 price is 6.5%, 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 1 October 2026.

Questions about 5813, Paramount Tower Hotel & Residences Downtown

What did unit 5813 last sell for?

AED 1,550,000 on 13 June 2022: AED 2,276 per sqft for 681 sqft. The unit has 2 registered sales; the first was AED 1,375,000 in November 2019.

What is the rent for unit 5813?

AED 100,000 a year on the contract signed on 1 October 2026. The previous contract, from October 2025, was AED 100,000; the unit has been rented since October 2022.

How big is unit 5813?

681 sqft (63.3 sqm): a one-bedroom apartment on the 58th floor of a 63-storey tower completed in 2022.

What is unit 5813 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 5813, Paramount Tower Hotel & Residences Downtown

Starts from the last sale price (AED 1.55M, 13 June 2022). Switch to today's estimate once you have unlocked it.

Price: AED 1,550,000
Deposit, UAE resident (20%): AED 310,000
Deposit, non-resident (40%): AED 620,000
Monthly over 25 years at 3.7%: AED 6,342

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