2-bed · 1,292 sqftParamount Tower Hotel & Residences Downtown, Business Bay · 62nd floor · completed 2022

6211, Paramount Tower Hotel & Residences Downtown

Sold prices and rental history: sold once, by the developer in March 2021, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6211 · DLD and Ejari recordsUpdated 4 September 2025
Last soldAED 2.03M18 March 2021
Current rentAED 147K /yr4 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6211, Paramount Tower Hotel & Residences Downtown

What is 6211 worth today?

Last sold for AED 2,025,110 in 2021

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4 Sep 2025RentedRenewal
AED 147,000/yr12 months · AED 114 per sqft
4 Sep 2024RentedRenewal
AED 140,000/yr12 months · AED 108 per sqft
4 Sep 2023RentedNew contract
AED 140,000/yr12 months · AED 108 per sqft
18 Mar 2021Sold by developerOff-plan
AED 2,025,110AED 1,567 per sqft

Source: Dubai Land Department. Updated 4 September 2025.

Key facts

Type
2-bed apartment
Size
1,292 sqft
Floor
62nd of 63
Parking
P2-19
Developer
Namaa Properties Development
Completed
2022
Service charge
AED 25,700 /yr
Last sold
AED 2.03M · March 2021

About 6211, Paramount Tower Hotel & Residences Downtown

6211 is a two-bedroom apartment of 1,292 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 18 March 2021 for AED 2,025,110, or AED 1,567 per sqft, 14% above the AED 1,374 two-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 4 September 2025, is AED 147,000 a year: a gross yield of 7.3% on the 2021 price, before the service charge of about AED 25,700 a year.

Sales and rents for 6211 over time

Sales
Unit 6211, 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, March 2021: AED 2,025,110 (AED 1,567 per sqft)

6211 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 6211, 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 155,000New contract, September 2023: AED 140,000 a yearRenewal, September 2024: AED 140,000 a yearRenewal, September 2025: AED 147,000 a year

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 6211 sits

All 329 2-beds →

6211 last sold in March 2021 at AED 1,567 per sqft, 14% above what two-beds in Paramount Tower Hotel & Residences Downtown were fetching at the time (AED 1,374). 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. 6211's AED 147,000 is in the lower half of that range.

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

6211, Paramount Tower Hotel & Residences Downtown in numbers

  • Sold once: by Namaa Properties Development on 18 March 2021 for AED 2,025,110, or AED 1,567 per sqft.
  • Rented since September 2023 on 3 Ejari contracts, from AED 140,000 to AED 147,000 a year.
  • At AED 147,000 a year the gross yield on the 2021 price is 7.3%, before a service charge of about AED 25,700 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 4 September 2025.

Questions about 6211, Paramount Tower Hotel & Residences Downtown

What did unit 6211 last sell for?

AED 2,025,110 on 18 March 2021, sold by the developer: AED 1,567 per sqft for 1,292 sqft. It is the only registered sale of the unit.

What is the rent for unit 6211?

AED 147,000 a year on the contract renewed on 4 September 2025. The previous contract, from September 2024, was AED 140,000; the unit has been rented since September 2023.

How big is unit 6211?

1,292 sqft (120.0 sqm): a two-bedroom apartment on the 62nd floor of a 63-storey tower completed in 2022.

What is unit 6211 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 6211, Paramount Tower Hotel & Residences Downtown

Starts from the last sale price (AED 2.03M, 18 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,025,110
Deposit, UAE resident (20%)
AED 405,022
Deposit, non-resident (40%)
AED 810,044
Monthly over 25 years at 3.7%
AED 8,285

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