6113, Paramount Tower Hotel & Residences Downtown
Sold prices and rental history: sold once, by the developer in April 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 6113, Paramount Tower Hotel & Residences Downtown
What is 6113 worth today?
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Source: Dubai Land Department. Updated 7 April 2020.
Key facts
- Type
- 1-bed apartment
- Size
- 681 sqft
- Floor
- 61st of 63
- Parking
- P2-45
- Developer
- Namaa Properties Development
- Completed
- 2022
- Service charge
- AED 13,600 /yr
- Last sold
- AED 1.27M · April 2020
About 6113, Paramount Tower Hotel & Residences Downtown
6113 is a one-bedroom apartment of 681 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 7 April 2020 for AED 1,271,000, or AED 1,866 per sqft, 6% above the AED 1,768 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 6113 over time
6113 has sold once; 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 6113 sits
All 174 1-beds →6113 last sold in April 2020 at AED 1,866 per sqft, 6% above what one-beds in Paramount Tower Hotel & Residences Downtown were fetching at the time (AED 1,768). 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.
| 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 | |
| 6112 | 1-bed | 683 sqft | AED 1.45MAED 1,450,000 · Mar 2023March 2023 | 112,500 /yr |
6113, Paramount Tower Hotel & Residences Downtown in numbers
- Sold once: by Namaa Properties Development on 7 April 2020 for AED 1,271,000, or AED 1,866 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 7 April 2020.
Questions about 6113, Paramount Tower Hotel & Residences Downtown
What did unit 6113 last sell for?
AED 1,271,000 on 7 April 2020, sold by the developer: AED 1,866 per sqft for 681 sqft. It is the only registered sale of the unit.
How big is unit 6113?
681 sqft (63.3 sqm): a one-bedroom apartment on the 61st floor of a 63-storey tower completed in 2022.
What is unit 6113 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 6113, Paramount Tower Hotel & Residences Downtown
Starts from the last sale price (AED 1.27M, 7 April 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,271,000
- Deposit, UAE resident (20%)
- AED 254,200
- Deposit, non-resident (40%)
- AED 508,400
- Monthly over 25 years at 3.7%
- AED 5,200
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →