6204, Paramount Tower Hotel & Residences Downtown
Sold prices and rental history: sold twice, last in February 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 6204, Paramount Tower Hotel & Residences Downtown
What is 6204 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 8 December 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,040 sqft
- Floor
- 62nd of 63
- Parking
- P2-30
- Developer
- Namaa Properties Development
- Completed
- 2022
- Service charge
- AED 20,700 /yr
- Last sold
- AED 1.95M · February 2024
About 6204, Paramount Tower Hotel & Residences Downtown
6204 is a two-bedroom apartment of 1,040 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. It last sold on 27 February 2024 for AED 1,950,000, or AED 1,874 per sqft, 3% above the AED 1,815 two-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 8 December 2025, is AED 165,000 a year: a gross yield of 8.5% on the 2024 price, before the service charge of about AED 20,700 a year.
Sales and rents for 6204 over time
6204 has sold twice; 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 6204 sits
All 329 2-beds →6204 last sold in February 2024 at AED 1,874 per sqft, 3% above what two-beds in Paramount Tower Hotel & Residences Downtown were fetching at the time (AED 1,815). Over the last 12 months two-beds sold for AED 2,350,000 to 3,200,000, around AED 2,019 per sqft, and rent for AED 100,000 to 220,000 a year. 6204's AED 165,000 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. 32 sold in the last 12 months.
- Typical price per sqft
- AED 2,009 Up 3.5%
- Typical sale
- AED 2.38M
- Typical rent
- AED 150K /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 | ||
| 6202 | 2-bed | 1,062 sqft | AED 1.97MAED 1,971,000 · Jun 2020June 2020 | ||
| 6203 | 2-bed | 1,040 sqft | AED 2.1MAED 2,100,000 · Dec 2024December 2024 | ||
| 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 |
6204, Paramount Tower Hotel & Residences Downtown in numbers
- Sold twice: first on 8 June 2020 for AED 1,512,300, last on 27 February 2024 for AED 1,950,000 (AED 1,874 per sqft).
- Rented since September 2024 on 2 Ejari contracts, from AED 160,000 to AED 165,000 a year.
- At AED 165,000 a year the gross yield on the 2024 price is 8.5%, before a service charge of about AED 20,700 a year (AED 19.93 per sqft).
- Two-beds in Paramount Tower Hotel & Residences Downtown sold for AED 2,350,000–3,200,000 in the 12 months to November 2026; the building's median across all types is AED 2,009 per sqft.
Source: Dubai Land Department. Updated 8 December 2025.
Questions about 6204, Paramount Tower Hotel & Residences Downtown
What did unit 6204 last sell for?
AED 1,950,000 on 27 February 2024: AED 1,874 per sqft for 1,040 sqft. The unit has 2 registered sales; the first was AED 1,512,300 in June 2020.
What is the rent for unit 6204?
AED 165,000 a year on the contract signed on 8 December 2025. The previous contract, from September 2024, was AED 160,000.
How big is unit 6204?
1,040 sqft (96.6 sqm): a two-bedroom apartment on the 62nd floor of a 63-storey tower completed in 2022.
What is unit 6204 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 2,350,000 to 3,200,000 in the last 12 months, around AED 2,019 per sqft.
Selling 6204? 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 6204, Paramount Tower Hotel & Residences Downtown
Starts from the last sale price (AED 1.95M, 27 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,950,000
- Deposit, UAE resident (20%)
- AED 390,000
- Deposit, non-resident (40%)
- AED 780,000
- Monthly over 25 years at 3.7%
- AED 7,978
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →