6101, Paramount Tower Hotel & Residences Downtown
Sold prices and rental history: sold once, by the developer in February 2020, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 6101, Paramount Tower Hotel & Residences Downtown
What is 6101 worth today?
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Source: Dubai Land Department. Updated 24 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,341 sqft
- Floor
- 61st of 63
- Parking
- P2-36
- Developer
- Namaa Properties Development
- Completed
- 2022
- Service charge
- AED 26,700 /yr
- Last sold
- AED 1.88M · February 2020
About 6101, Paramount Tower Hotel & Residences Downtown
6101 is a two-bedroom apartment of 1,341 sqft on the 61st floor of Paramount Tower Hotel & Residences Downtown, a 63-storey tower in Business Bay completed in 2022 by Namaa Properties Development. The developer sold it on 20 February 2020 for AED 1,884,105, or AED 1,405 per sqft, in line with the AED 1,381 two-beds in the building were fetching at the time.
It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 24 October 2024, is AED 195,000 a year: a gross yield of 10.3% on the 2020 price, before the service charge of about AED 26,700 a year.
Sales and rents for 6101 over time
6101 has sold once; 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 6101 sits
All 329 2-beds →6101 last sold in February 2020 at AED 1,405 per sqft, in line with what two-beds in Paramount Tower Hotel & Residences Downtown were fetching at the time (AED 1,381). 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. 6101's AED 195,000 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 61st floor
All 784 units in Paramount Tower Hotel & Residences Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 6102 | 2-bed | 1,167 sqft | AED 2.05MAED 2,050,000 · Dec 2022December 2022 | ||
| 6103 | 2-bed | 1,121 sqft | AED 1.55MAED 1,550,000 · Apr 2020April 2020 | 170,000 /yr | |
| 6104 | 2-bed | 1,121 sqft | AED 2.1MAED 2,100,000 · May 2023May 2023 | 160,000 /yr | |
| 6105 | 2-bed | 1,168 sqft | AED 2.45MAED 2,450,000 · Dec 2023December 2023 | ||
| 6106 | 3-bed | 1,584 sqft | AED 3MAED 3,000,000 · Feb 2025February 2025 | 225,000 /yr | |
| 6107 | 3-bed | 1,645 sqft | AED 3.08MAED 3,080,000 · Nov 2019November 2019 | 205,000 /yr | |
| 6108 | 3-bed | 1,644 sqft | AED 3.38MAED 3,381,100 · Dec 2024December 2024 | ||
| 6109 | 2-bed | 1,221 sqft | AED 1.96MAED 1,959,705 · Mar 2022March 2022 | 180,000 /yr | |
| 6110 | 2-bed | 1,190 sqft | AED 2.35MAED 2,350,000 · Nov 2023November 2023 | 156,000 /yr | |
| 6111 | 2-bed | 1,291 sqft | AED 2.11MAED 2,109,220 · May 2021May 2021 | 150,000 /yr | |
| 6112 | 1-bed | 683 sqft | AED 1.45MAED 1,450,000 · Mar 2023March 2023 | 112,500 /yr | |
| 6113 | 1-bed | 681 sqft | AED 1.27MAED 1,271,000 · Apr 2020April 2020 |
6101, Paramount Tower Hotel & Residences Downtown in numbers
- Sold once: by Namaa Properties Development on 20 February 2020 for AED 1,884,105, or AED 1,405 per sqft.
- Rented since April 2023 on 3 Ejari contracts, from AED 165,000 to AED 195,000 a year.
- At AED 195,000 a year the gross yield on the 2020 price is 10.3%, before a service charge of about AED 26,700 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 24 October 2024.
Questions about 6101, Paramount Tower Hotel & Residences Downtown
What did unit 6101 last sell for?
AED 1,884,105 on 20 February 2020, sold by the developer: AED 1,405 per sqft for 1,341 sqft. It is the only registered sale of the unit.
What is the rent for unit 6101?
AED 195,000 a year on the contract signed on 24 October 2024. The previous contract, from April 2024, was AED 185,000; the unit has been rented since April 2023.
How big is unit 6101?
1,341 sqft (124.6 sqm): a two-bedroom apartment on the 61st floor of a 63-storey tower completed in 2022.
What is unit 6101 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 6101, Paramount Tower Hotel & Residences Downtown
Starts from the last sale price (AED 1.88M, 20 February 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,884,105
- Deposit, UAE resident (20%)
- AED 376,821
- Deposit, non-resident (40%)
- AED 753,642
- Monthly over 25 years at 3.7%
- AED 7,708
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →