6202, Paramount Tower Hotel & Residences Downtown
Sold prices and rental history: sold once, by the developer in June 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 6202, Paramount Tower Hotel & Residences Downtown
What is 6202 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 2 June 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 1,062 sqft
- Floor
- 62nd of 63
- Parking
- P2-35
- Developer
- Namaa Properties Development
- Completed
- 2022
- Service charge
- AED 21,200 /yr
- Last sold
- AED 1.97M · June 2020
About 6202, Paramount Tower Hotel & Residences Downtown
6202 is a two-bedroom apartment of 1,062 sqft on the 62nd 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 2 June 2020 for AED 1,971,000, or AED 1,855 per sqft, 41% above the AED 1,314 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 6202 over time
6202 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 6202 sits
All 329 2-beds →6202 last sold in June 2020 at AED 1,855 per sqft, 41% above what two-beds in Paramount Tower Hotel & Residences Downtown were fetching at the time (AED 1,314). 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.
| 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 62nd floor
All 784 units in Paramount Tower Hotel & Residences Downtown| ValueToday's value | |||||
|---|---|---|---|---|---|
| 6201 | 2-bed | 1,237 sqft | AED 2.25MAED 2,250,000 · Nov 2025November 2025 | ||
| 6203 | 2-bed | 1,040 sqft | AED 2.1MAED 2,100,000 · Dec 2024December 2024 | ||
| 6204 | 2-bed | 1,040 sqft | AED 1.95MAED 1,950,000 · Feb 2024February 2024 | 165,000 /yr | |
| 6205 | 2-bed | 1,065 sqft | AED 1.51MAED 1,512,300 · Jun 2020June 2020 | 180,000 /yr | |
| 6206 | 3-bed | 739 sqft | AED 2.28MAED 2,276,120 · Feb 2021February 2021 | 163,000 /yr | |
| 6207 | 3-bed | 1,661 sqft | AED 4MAED 4,000,000 · Mar 2023March 2023 | ||
| 6208 | 3-bed | 1,693 sqft | AED 2.9MAED 2,904,000 · Nov 2020November 2020 | 174,109 /yr | |
| 6209 | 2-bed | 1,316 sqft | AED 2.35MAED 2,350,000 · Nov 2024November 2024 | 150,000 /yr | |
| 6210 | 2-bed | 1,240 sqft | AED 2MAED 2,000,100 · Aug 2022August 2022 | ||
| 6211 | 2-bed | 1,292 sqft | AED 2.03MAED 2,025,110 · Mar 2021March 2021 | 147,000 /yr | |
| 6212 | 1-bed | 682 sqft | AED 1.7MAED 1,700,000 · Jan 2024January 2024 | ||
| 6213 | 1-bed | 683 sqft | AED 1.4MAED 1,400,000 · Oct 2023October 2023 | 135,000 /yr |
6202, Paramount Tower Hotel & Residences Downtown in numbers
- Sold once: by Namaa Properties Development on 2 June 2020 for AED 1,971,000, or AED 1,855 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 2 June 2020.
Questions about 6202, Paramount Tower Hotel & Residences Downtown
What did unit 6202 last sell for?
AED 1,971,000 on 2 June 2020, sold by the developer: AED 1,855 per sqft for 1,062 sqft. It is the only registered sale of the unit.
How big is unit 6202?
1,062 sqft (98.7 sqm): a two-bedroom apartment on the 62nd floor of a 63-storey tower completed in 2022.
What is unit 6202 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.
Selling 6202? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 6202, Paramount Tower Hotel & Residences Downtown
Starts from the last sale price (AED 1.97M, 2 June 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,971,000
- Deposit, UAE resident (20%)
- AED 394,200
- Deposit, non-resident (40%)
- AED 788,400
- Monthly over 25 years at 3.7%
- AED 8,064
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →