2-bed · 1,240 sqftParamount Tower Hotel & Residences Downtown, Business Bay · 62nd floor · completed 2022

6210, Paramount Tower Hotel & Residences Downtown

Sold prices and rental history: sold twice, last in August 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6210 · DLD and Ejari recordsUpdated 23 August 2022
Last soldAED 2M23 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6210, Paramount Tower Hotel & Residences Downtown

What is 6210 worth today?

Last sold for AED 2,000,100 in 2022

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23 Aug 2022SoldReady
AED 2,000,100AED 1,613 per sqft
30 Dec 2020Sold by developerOff-plan
AED 1,767,480AED 1,425 per sqft

Source: Dubai Land Department. Updated 23 August 2022.

Key facts

Type
2-bed apartment
Size
1,240 sqft
Floor
62nd of 63
Parking
nan
Developer
Namaa Properties Development
Completed
2022
Service charge
AED 24,700 /yr
Last sold
AED 2M · August 2022

About 6210, Paramount Tower Hotel & Residences Downtown

6210 is a two-bedroom apartment of 1,240 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 23 August 2022 for AED 2,000,100, or AED 1,613 per sqft, in line with the AED 1,604 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 6210 over time

Sales
Unit 6210, each saleTypical two-bed in Paramount Tower Hotel & Residences Downtown
2M2.5M20152018202120242027Typical sale price by year: 2015 AED 2,242,950; 2016 AED 2,208,745; 2017 AED 2,214,000; 2018 AED 2,293,890; 2019 AED 2,144,000; 2020 AED 1,660,497; 2021 AED 1,965,408; 2022 AED 2,000,050; 2023 AED 2,150,000; 2024 AED 2,350,000; 2025 AED 2,400,000; 2026 AED 2,550,000Sold by developer, December 2020: AED 1,767,480 (AED 1,425 per sqft)Sold, August 2022: AED 2,000,100 (AED 1,613 per sqft)

6210 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 6210, each contractTypical two-bed in Paramount Tower Hotel & Residences Downtown
125K150K175K202220242026Typical rent by year: 2022 AED 120,000; 2023 AED 140,000; 2024 AED 166,500; 2025 AED 175,000; 2026 AED 155,000

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 6210 sits

All 329 2-beds →

6210 last sold in August 2022 at AED 1,613 per sqft, in line with what two-beds in Paramount Tower Hotel & Residences Downtown were fetching at the time (AED 1,604). 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 salesUnit no.Price (AED)Summary
7 Sep 20262,350,000
13 Aug 20262,725,000
25 Jun 20263,200,000
6 May 20262,800,000
14 2-bed sales in the last 12 months

Paramount Tower Hotel & Residences Downtown

Building

784 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%
Paramount Tower Hotel & Residences Downtown, Business Bay: prices, sales and rents →
Value
62012-bedAED 2.25M · Nov 2025
62022-bedAED 1.97M · Jun 2020
62032-bedAED 2.1M · Dec 2024
62042-bedAED 1.95M · Feb 2024
62052-bedAED 1.51M · Jun 2020
62063-bedAED 2.28M · Feb 2021
62073-bedAED 4M · Mar 2023
1–7 of 12

6210, Paramount Tower Hotel & Residences Downtown in numbers

  • Sold twice: first on 30 December 2020 for AED 1,767,480, last on 23 August 2022 for AED 2,000,100 (AED 1,613 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 23 August 2022.

Questions about 6210, Paramount Tower Hotel & Residences Downtown

What did unit 6210 last sell for?

AED 2,000,100 on 23 August 2022: AED 1,613 per sqft for 1,240 sqft. The unit has 2 registered sales; the first was AED 1,767,480 in December 2020.

How big is unit 6210?

1,240 sqft (115.2 sqm): a two-bedroom apartment on the 62nd floor of a 63-storey tower completed in 2022.

What is unit 6210 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 6210, Paramount Tower Hotel & Residences Downtown

Starts from the last sale price (AED 2M, 23 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,100
Deposit, UAE resident (20%)
AED 400,020
Deposit, non-resident (40%)
AED 800,040
Monthly over 25 years at 3.7%
AED 8,183

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →