6206, Paramount Tower Hotel & Residences Downtown
Sold prices and rental history: sold once, by the developer in February 2021, and rented once, from June 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 6206, Paramount Tower Hotel & Residences Downtown
What is 6206 worth today?
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Source: Dubai Land Department. Updated 3 June 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 739 sqft
- Floor
- 62nd of 63
- Parking
- P1-10
- Developer
- Namaa Properties Development
- Completed
- 2022
- Service charge
- AED 14,700 /yr
- Last sold
- AED 2.28M · February 2021
About 6206, Paramount Tower Hotel & Residences Downtown
6206 is a three-bedroom apartment of 739 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 14 February 2021 for AED 2,276,120, or AED 1,539 per sqft, in line with the AED 1,548 three-beds in the building were fetching at the time.
One Ejari contract is registered, from 3 June 2022. The current contract, signed on 3 June 2022, is AED 163,000 a year: a gross yield of 7.2% on the 2021 price, before the service charge of about AED 14,700 a year.
Sales and rents for 6206 over time
6206 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Paramount Tower Hotel & Residences Downtown, and where 6206 sits
All 78 3-beds →6206 last sold in February 2021 at AED 1,539 per sqft, in line with what three-beds in Paramount Tower Hotel & Residences Downtown were fetching at the time (AED 1,548). Over the last 12 months three-beds sold for AED 2,742,651 to 3,490,000, around AED 1,763 per sqft, and rent for AED 72,000 to 270,000 a year. 6206's AED 163,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Oct 202615 October 2026 | 1,644 sqft | 2,742,651 | 1,668 | ||
| 9 Jun 20269 June 2026 | 1,644 sqft | 3,000,000 | 1,825 | ||
| 5 Jun 20265 June 2026 | 1,644 sqft | 2,794,398 | 1,700 | ||
| 5 Jan 20265 January 2026 | 1,645 sqft | 3,490,000 | 2,121 |
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 | |
| 6205 | 2-bed | 1,065 sqft | AED 1.51MAED 1,512,300 · Jun 2020June 2020 | 180,000 /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 |
6206, Paramount Tower Hotel & Residences Downtown in numbers
- Sold once: by Namaa Properties Development on 14 February 2021 for AED 2,276,120, or AED 1,539 per sqft.
- Rented since June 2022 on one Ejari contract, at AED 163,000 a year.
- At AED 163,000 a year the gross yield on the 2021 price is 7.2%, before a service charge of about AED 14,700 a year (AED 19.93 per sqft).
- Three-beds in Paramount Tower Hotel & Residences Downtown sold for AED 2,742,651–3,490,000 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 3 June 2022.
Questions about 6206, Paramount Tower Hotel & Residences Downtown
What did unit 6206 last sell for?
AED 2,276,120 on 14 February 2021, sold by the developer: AED 1,539 per sqft for 739 sqft. It is the only registered sale of the unit.
What is the rent for unit 6206?
AED 163,000 a year on the contract signed on 3 June 2022.
How big is unit 6206?
739 sqft (68.7 sqm): a three-bedroom apartment on the 62nd floor of a 63-storey tower completed in 2022.
What is unit 6206 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Paramount Tower Hotel & Residences Downtown sold for AED 2,742,651 to 3,490,000 in the last 12 months, around AED 1,763 per sqft.
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Mortgage on 6206, Paramount Tower Hotel & Residences Downtown
Starts from the last sale price (AED 2.28M, 14 February 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 2,276,120
- Deposit, UAE resident (20%)
- AED 455,224
- Deposit, non-resident (40%)
- AED 910,448
- Monthly over 25 years at 3.7%
- AED 9,312
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →