3-bed · 1,644 sqftParamount Tower Hotel & Residences Downtown, Business Bay · 60th floor · completed 2022

6008, Paramount Tower Hotel & Residences Downtown

Sold prices and rental history: sold twice, last in June 2026, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6008 · DLD and Ejari recordsUpdated 9 June 2026
Last soldAED 3M9 June 2026
Current rentAED 210K /yr12 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6008, Paramount Tower Hotel & Residences Downtown

What is 6008 worth today?

Last sold for AED 3,000,000 in 2026

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9 Jun 2026SoldReady
AED 3,000,000AED 1,825 per sqft
12 Mar 2025RentedRenewal
AED 210,000/yr12 months · AED 128 per sqft
12 Mar 2025RentedRenewal
AED 210,000/yr12 months · AED 128 per sqft
12 Mar 2024RentedNew contract
AED 200,000/yr12 months · AED 121 per sqft
21 Aug 2023RentedNew contract
AED 220,000/yr6 months · AED 134 per sqft
21 Aug 2022RentedNew contract
AED 180,000/yr12 months · AED 110 per sqft
5 Feb 2020Sold by developerOff-plan
AED 2,490,660AED 1,515 per sqft

Source: Dubai Land Department. Updated 9 June 2026.

Key facts

Type
3-bed apartment
Size
1,644 sqft
Floor
60th of 63
Parking
P1-06
Developer
Namaa Properties Development
Completed
2022
Service charge
AED 32,800 /yr
Last sold
AED 3M · June 2026

About 6008, Paramount Tower Hotel & Residences Downtown

6008 is a three-bedroom apartment of 1,644 sqft on the 60th 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 9 June 2026 for AED 3,000,000, or AED 1,825 per sqft, in line with the AED 1,802 three-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 12 March 2025, is AED 210,000 a year: a gross yield of 7.0% on the 2026 price, before the service charge of about AED 32,800 a year.

Sales and rents for 6008 over time

Sales
Unit 6008, each saleTypical three-bed in Paramount Tower Hotel & Residences Downtown
2.5M3M3.5M20152018202120242027Typical sale price by year: 2015 AED 3,427,600; 2016 AED 3,077,875; 2019 AED 2,759,000; 2020 AED 2,613,433; 2021 AED 2,579,436; 2022 AED 2,755,519; 2023 AED 2,825,000; 2024 AED 2,910,000; 2025 AED 2,962,500; 2026 AED 2,897,199Sold by developer, February 2020: AED 2,490,660 (AED 1,515 per sqft)Sold, June 2026: AED 3,000,000 (AED 1,825 per sqft)

6008 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 6008, each contractTypical three-bed in Paramount Tower Hotel & Residences Downtown
175K200K225K202220242026Typical rent by year: 2022 AED 167,500; 2023 AED 177,500; 2024 AED 205,000; 2025 AED 220,000; 2026 AED 210,000New contract, August 2022: AED 180,000 a yearNew contract, August 2023: AED 220,000 a yearNew contract, March 2024: AED 200,000 a yearRenewal, March 2025: AED 210,000 a yearRenewal, March 2025: AED 210,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Paramount Tower Hotel & Residences Downtown, and where 6008 sits

All 78 3-beds →

6008 last sold in June 2026 at AED 1,825 per sqft, in line with what three-beds in Paramount Tower Hotel & Residences Downtown were fetching at the time (AED 1,802). Over the last 12 months three-beds sold for AED 2,742,651 to 3,490,000, around AED 1,763 per sqft, and rent for AED 72,000 to 270,000 a year. 6008's AED 210,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
15 Oct 20262,742,651
5 Jun 20262,794,398
5 Jan 20263,490,000
22 Aug 20252,975,000
4 3-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
60012-bedAED 2.5M · Feb 2024
60022-bedAED 2.45M · Jul 2024
60032-bedAED 2.1M · Dec 2022
60042-bedAED 2.07M · Sep 2023
60052-bedAED 2.5M · Dec 2023
60063-bedAED 2.55M · Jan 2020
60073-bedAED 2.67M · Feb 2020
1–7 of 12

6008, Paramount Tower Hotel & Residences Downtown in numbers

  • Sold twice: first on 5 February 2020 for AED 2,490,660, last on 9 June 2026 for AED 3,000,000 (AED 1,825 per sqft).
  • Rented since August 2022 on 5 Ejari contracts, from AED 180,000 to AED 210,000 a year.
  • At AED 210,000 a year the gross yield on the 2026 price is 7.0%, before a service charge of about AED 32,800 a year (AED 19.93 per sqft).
  • Three-beds in Paramount Tower Hotel & Residences Downtown sold for AED 2,742,651–3,490,000 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 9 June 2026.

Questions about 6008, Paramount Tower Hotel & Residences Downtown

What did unit 6008 last sell for?

AED 3,000,000 on 9 June 2026: AED 1,825 per sqft for 1,644 sqft. The unit has 2 registered sales; the first was AED 2,490,660 in February 2020.

What is the rent for unit 6008?

AED 210,000 a year on the contract renewed on 12 March 2025. The previous contract, from March 2025, was AED 210,000; the unit has been rented since August 2022.

How big is unit 6008?

1,644 sqft (152.7 sqm): a three-bedroom apartment on the 60th floor of a 63-storey tower completed in 2022.

What is unit 6008 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Paramount Tower Hotel & Residences Downtown sold for AED 2,742,651 to 3,490,000 in the last 12 months, around AED 1,763 per sqft.

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Mortgage on 6008, Paramount Tower Hotel & Residences Downtown

Starts from the last sale price (AED 3M, 9 June 2026). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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