6112, Paramount Tower Hotel & Residences Downtown
Sold prices and rental history: sold twice, last in March 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 6112, Paramount Tower Hotel & Residences Downtown
What is 6112 worth today?
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Source: Dubai Land Department. Updated 19 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 683 sqft
- Floor
- 61st of 63
- Parking
- P2-44
- Developer
- Namaa Properties Development
- Completed
- 2022
- Service charge
- AED 13,600 /yr
- Last sold
- AED 1.45M · March 2023
About 6112, Paramount Tower Hotel & Residences Downtown
6112 is a one-bedroom apartment of 683 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. It last sold on 10 March 2023 for AED 1,450,000, or AED 2,124 per sqft, in line with the AED 2,124 one-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 19 August 2026, is AED 112,500 a year: a gross yield of 7.8% on the 2023 price, before the service charge of about AED 13,600 a year.
Sales and rents for 6112 over time
6112 has sold twice; the dashed line is the one-bed median of each year in the building.
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 6112 sits
All 174 1-beds →6112 last sold in March 2023 at AED 2,124 per sqft, in line with what one-beds in Paramount Tower Hotel & Residences Downtown were fetching at the time (AED 2,124). 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. 6112's AED 112,500 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
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 | |
| 6111 | 2-bed | 1,291 sqft | AED 2.11MAED 2,109,220 · May 2021May 2021 | 150,000 /yr | |
| 6113 | 1-bed | 681 sqft | AED 1.27MAED 1,271,000 · Apr 2020April 2020 |
6112, Paramount Tower Hotel & Residences Downtown in numbers
- Sold twice: first on 23 May 2022 for AED 1,215,740, last on 10 March 2023 for AED 1,450,000 (AED 2,124 per sqft).
- Rented since November 2022 on 5 Ejari contracts, from AED 81,000 to AED 112,500 a year.
- At AED 112,500 a year the gross yield on the 2023 price is 7.8%, 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 19 August 2026.
Questions about 6112, Paramount Tower Hotel & Residences Downtown
What did unit 6112 last sell for?
AED 1,450,000 on 10 March 2023: AED 2,124 per sqft for 683 sqft. The unit has 2 registered sales; the first was AED 1,215,740 in May 2022.
What is the rent for unit 6112?
AED 112,500 a year on the contract renewed on 19 August 2026. The previous contract, from August 2024, was AED 115,000; the unit has been rented since November 2022.
How big is unit 6112?
683 sqft (63.5 sqm): a one-bedroom apartment on the 61st floor of a 63-storey tower completed in 2022.
What is unit 6112 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 6112, Paramount Tower Hotel & Residences Downtown
Starts from the last sale price (AED 1.45M, 10 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,450,000
- Deposit, UAE resident (20%)
- AED 290,000
- Deposit, non-resident (40%)
- AED 580,000
- Monthly over 25 years at 3.7%
- AED 5,932
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →