6011, Paramount Tower Hotel & Residences Downtown
Sold prices and rental history: sold twice, last in January 2023, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 6011, Paramount Tower Hotel & Residences Downtown
What is 6011 worth today?
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Source: Dubai Land Department. Updated 1 March 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,291 sqft
- Floor
- 60th of 63
- Parking
- P3-08
- Developer
- Namaa Properties Development
- Completed
- 2022
- Service charge
- AED 25,700 /yr
- Last sold
- AED 2.04M · January 2023
About 6011, Paramount Tower Hotel & Residences Downtown
6011 is a two-bedroom apartment of 1,291 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 4 January 2023 for AED 2,040,000, or AED 1,580 per sqft, in line with the AED 1,606 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 1 March 2026, is AED 185,000 a year: a gross yield of 9.1% on the 2023 price, before the service charge of about AED 25,700 a year.
Sales and rents for 6011 over time
6011 has sold twice; the dashed line is the two-bed median of each year in the building.
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 6011 sits
All 329 2-beds →6011 last sold in January 2023 at AED 1,580 per sqft, in line with what two-beds in Paramount Tower Hotel & Residences Downtown were fetching at the time (AED 1,606). 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. 6011's AED 185,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Sep 20267 September 2026 | 1,167 sqft | 2,350,000 | 2,013 | ||
| 13 Aug 202613 August 2026 | 1,364 sqft | 2,725,000 | 1,997 | ||
| 25 Jun 202625 June 2026 | 1,364 sqft | 3,200,000 | 2,346 | ||
| 6 May 20266 May 2026 | 1,364 sqft | 2,800,000 | 2,052 |
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 60th floor
All 784 units in Paramount Tower Hotel & Residences Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 6001 | 2-bed | 1,341 sqft | AED 2.5MAED 2,500,000 · Feb 2024February 2024 | ||
| 6002 | 2-bed | 1,167 sqft | AED 2.45MAED 2,450,000 · Jul 2024July 2024 | 140,000 /yr | |
| 6003 | 2-bed | 1,121 sqft | AED 2.1MAED 2,100,000 · Dec 2022December 2022 | ||
| 6004 | 2-bed | 1,121 sqft | AED 2.07MAED 2,070,000 · Sep 2023September 2023 | 180,000 /yr | |
| 6005 | 2-bed | 1,168 sqft | AED 2.5MAED 2,500,000 · Dec 2023December 2023 | 220,000 /yr | |
| 6006 | 3-bed | 1,584 sqft | AED 2.55MAED 2,554,930 · Jan 2020January 2020 | ||
| 6007 | 3-bed | 1,645 sqft | AED 2.67MAED 2,666,365 · Feb 2020February 2020 | 220,000 /yr | |
| 6008 | 3-bed | 1,644 sqft | AED 3MAED 3,000,000 · Jun 2026June 2026 | 210,000 /yr | |
| 6009 | 2-bed | 1,221 sqft | AED 1.95MAED 1,950,000 · Mar 2022March 2022 | ||
| 6010 | 2-bed | 1,190 sqft | AED 1.9MAED 1,901,700 · May 2020May 2020 | 145,000 /yr | |
| 6012 | 1-bed | 683 sqft | AED 1.7MAED 1,700,000 · Feb 2026February 2026 | ||
| 6013 | 1-bed | 681 sqft | AED 1.65MAED 1,650,000 · May 2026May 2026 |
6011, Paramount Tower Hotel & Residences Downtown in numbers
- Sold twice: first on 24 February 2020 for AED 1,776,000, last on 4 January 2023 for AED 2,040,000 (AED 1,580 per sqft).
- Rented since August 2022 on 6 Ejari contracts, from AED 115,000 to AED 185,000 a year.
- At AED 185,000 a year the gross yield on the 2023 price is 9.1%, before a service charge of about AED 25,700 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 1 March 2026.
Questions about 6011, Paramount Tower Hotel & Residences Downtown
What did unit 6011 last sell for?
AED 2,040,000 on 4 January 2023: AED 1,580 per sqft for 1,291 sqft. The unit has 2 registered sales; the first was AED 1,776,000 in February 2020.
What is the rent for unit 6011?
AED 185,000 a year on the contract renewed on 1 March 2026. The previous contract, from March 2025, was AED 185,000; the unit has been rented since August 2022.
How big is unit 6011?
1,291 sqft (119.9 sqm): a two-bedroom apartment on the 60th floor of a 63-storey tower completed in 2022.
What is unit 6011 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 6011, Paramount Tower Hotel & Residences Downtown
Starts from the last sale price (AED 2.04M, 4 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,040,000
- Deposit, UAE resident (20%)
- AED 408,000
- Deposit, non-resident (40%)
- AED 816,000
- Monthly over 25 years at 3.7%
- AED 8,346
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →