6111, Paramount Tower Hotel & Residences Downtown
Sold prices and rental history: sold once, by the developer in May 2021, and rented since 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 6111, Paramount Tower Hotel & Residences Downtown
What is 6111 worth today?
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Source: Dubai Land Department. Updated 15 October 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,291 sqft
- Floor
- 61st of 63
- Parking
- P2-43
- Developer
- Namaa Properties Development
- Completed
- 2022
- Service charge
- AED 25,700 /yr
- Last sold
- AED 2.11M · May 2021
About 6111, Paramount Tower Hotel & Residences Downtown
6111 is a two-bedroom apartment of 1,291 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 10 May 2021 for AED 2,109,220, or AED 1,633 per sqft, 16% above the AED 1,411 two-beds in the building were fetching at the time.
It has been rented since 2026 on 2 Ejari contracts. The current contract, signed on 15 October 2026, is AED 150,000 a year: a gross yield of 7.1% on the 2021 price, before the service charge of about AED 25,700 a year.
Sales and rents for 6111 over time
6111 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 6111 sits
All 329 2-beds →6111 last sold in May 2021 at AED 1,633 per sqft, 16% above what two-beds in Paramount Tower Hotel & Residences Downtown were fetching at the time (AED 1,411). 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. 6111's AED 150,000 is in the lower 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 | |||||
|---|---|---|---|---|---|
| 6101 | 2-bed | 1,341 sqft | AED 1.88MAED 1,884,105 · Feb 2020February 2020 | 195,000 /yr | |
| 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 | |
| 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 |
6111, Paramount Tower Hotel & Residences Downtown in numbers
- Sold once: by Namaa Properties Development on 10 May 2021 for AED 2,109,220, or AED 1,633 per sqft.
- Rented since January 2026 on 2 Ejari contracts, from AED 200,000 to AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2021 price is 7.1%, 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 15 October 2026.
Questions about 6111, Paramount Tower Hotel & Residences Downtown
What did unit 6111 last sell for?
AED 2,109,220 on 10 May 2021, sold by the developer: AED 1,633 per sqft for 1,291 sqft. It is the only registered sale of the unit.
What is the rent for unit 6111?
AED 150,000 a year on the contract signed on 15 October 2026. The previous contract, from January 2026, was AED 200,000.
How big is unit 6111?
1,291 sqft (119.9 sqm): a two-bedroom apartment on the 61st floor of a 63-storey tower completed in 2022.
What is unit 6111 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 6111, Paramount Tower Hotel & Residences Downtown
Starts from the last sale price (AED 2.11M, 10 May 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 2,109,220
- Deposit, UAE resident (20%)
- AED 421,844
- Deposit, non-resident (40%)
- AED 843,688
- Monthly over 25 years at 3.7%
- AED 8,629
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →