6205, Paramount Tower Hotel & Residences Downtown
Sold prices and rental history: sold once, by the developer in June 2020, and rented once, from March 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 6205, Paramount Tower Hotel & Residences Downtown
What is 6205 worth today?
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Source: Dubai Land Department. Updated 1 March 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,065 sqft
- Floor
- 62nd of 63
- Parking
- P2-31
- Developer
- Namaa Properties Development
- Completed
- 2022
- Service charge
- AED 21,200 /yr
- Last sold
- AED 1.51M · June 2020
About 6205, Paramount Tower Hotel & Residences Downtown
6205 is a two-bedroom apartment of 1,065 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 15 June 2020 for AED 1,512,300, or AED 1,420 per sqft, 8% above the AED 1,317 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 March 2026. The current contract, signed on 1 March 2026, is AED 180,000 a year: a gross yield of 11.9% on the 2020 price, before the service charge of about AED 21,200 a year.
Sales and rents for 6205 over time
6205 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 6205 sits
All 329 2-beds →6205 last sold in June 2020 at AED 1,420 per sqft, 8% above what two-beds in Paramount Tower Hotel & Residences Downtown were fetching at the time (AED 1,317). 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. 6205's AED 180,000 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. 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 | ||
| 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 | ||
| 6204 | 2-bed | 1,040 sqft | AED 1.95MAED 1,950,000 · Feb 2024February 2024 | 165,000 /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 |
6205, Paramount Tower Hotel & Residences Downtown in numbers
- Sold once: by Namaa Properties Development on 15 June 2020 for AED 1,512,300, or AED 1,420 per sqft.
- Rented since March 2026 on one Ejari contract, at AED 180,000 a year.
- At AED 180,000 a year the gross yield on the 2020 price is 11.9%, before a service charge of about AED 21,200 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 1 March 2026.
Questions about 6205, Paramount Tower Hotel & Residences Downtown
What did unit 6205 last sell for?
AED 1,512,300 on 15 June 2020, sold by the developer: AED 1,420 per sqft for 1,065 sqft. It is the only registered sale of the unit.
What is the rent for unit 6205?
AED 180,000 a year on the contract signed on 1 March 2026.
How big is unit 6205?
1,065 sqft (98.9 sqm): a two-bedroom apartment on the 62nd floor of a 63-storey tower completed in 2022.
What is unit 6205 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 6205, Paramount Tower Hotel & Residences Downtown
Starts from the last sale price (AED 1.51M, 15 June 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,512,300
- Deposit, UAE resident (20%)
- AED 302,460
- Deposit, non-resident (40%)
- AED 604,920
- Monthly over 25 years at 3.7%
- AED 6,187
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →