1-bed · 683 sqftParamount Tower Hotel & Residences Downtown, Business Bay · 62nd floor · completed 2022

6213, Paramount Tower Hotel & Residences Downtown

Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6213 · DLD and Ejari recordsUpdated 1 April 2026
Last soldAED 1.4M13 October 2023
Current rentAED 135K /yr1 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6213, Paramount Tower Hotel & Residences Downtown

What is 6213 worth today?

Last sold for AED 1,400,000 in 2023

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1 Apr 2026RentedRenewal
AED 135,000/yr12 months · AED 198 per sqft
1 Apr 2025RentedNew contract
AED 135,000/yr12 months · AED 198 per sqft
1 Apr 2025RentedNew contract
AED 135,000/yr12 months · AED 198 per sqft
29 Jan 2024RentedNew contract
AED 120,000/yr12 months · AED 177 per sqft
13 Oct 2023SoldReady
AED 1,400,000AED 2,049 per sqft
7 Feb 2023RentedNew contract
AED 81,000/yr12 months · AED 119 per sqft
21 Feb 2022Sold by developerReady
AED 1,225,985AED 1,795 per sqft

Source: Dubai Land Department. Updated 1 April 2026.

Key facts

Type
1-bed apartment
Size
683 sqft
Floor
62nd of 63
Parking
P2-21
Developer
Namaa Properties Development
Completed
2022
Service charge
AED 13,600 /yr
Last sold
AED 1.4M · October 2023

About 6213, Paramount Tower Hotel & Residences Downtown

6213 is a one-bedroom apartment of 683 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 13 October 2023 for AED 1,400,000, or AED 2,049 per sqft, 7% above the AED 1,909 one-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, renewed on 1 April 2026, is AED 135,000 a year: a gross yield of 9.6% on the 2023 price, before the service charge of about AED 13,600 a year.

Sales and rents for 6213 over time

Sales
Unit 6213, each saleTypical one-bed in Paramount Tower Hotel & Residences Downtown
1.5M2M2016201920222025Typical sale price by year: 2016 AED 1,561,052; 2018 AED 1,202,000; 2019 AED 1,481,159; 2020 AED 1,467,000; 2021 AED 1,431,528; 2022 AED 1,680,000; 2023 AED 1,925,000; 2024 AED 2,000,000; 2025 AED 1,800,000; 2026 AED 1,750,000Sold by developer, February 2022: AED 1,225,985 (AED 1,795 per sqft)Sold, October 2023: AED 1,400,000 (AED 2,049 per sqft)

6213 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 6213, each contractTypical one-bed in Paramount Tower Hotel & Residences Downtown
75K100K125K202220242026Typical rent by year: 2022 AED 81,000; 2023 AED 90,000; 2024 AED 110,000; 2025 AED 120,000; 2026 AED 105,000New contract, February 2023: AED 81,000 a yearNew contract, January 2024: AED 120,000 a yearNew contract, April 2025: AED 135,000 a yearNew contract, April 2025: AED 135,000 a yearRenewal, April 2026: AED 135,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Paramount Tower Hotel & Residences Downtown, and where 6213 sits

All 174 1-beds →

6213 last sold in October 2023 at AED 2,049 per sqft, 7% above what one-beds in Paramount Tower Hotel & Residences Downtown were fetching at the time (AED 1,909). Over the last 12 months one-beds sold for AED 1,400,000 to 2,100,000, around AED 2,119 per sqft, and rent for AED 90,000 to 147,500 a year. 6213's AED 135,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
15 Oct 20261,400,000
16 Jun 20262,018,990
18 May 20262,000,000
8 May 20261,650,000
8 1-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

6213, Paramount Tower Hotel & Residences Downtown in numbers

  • Sold twice: first on 21 February 2022 for AED 1,225,985, last on 13 October 2023 for AED 1,400,000 (AED 2,049 per sqft).
  • Rented since February 2023 on 5 Ejari contracts, from AED 81,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2023 price is 9.6%, before a service charge of about AED 13,600 a year (AED 19.93 per sqft).
  • One-beds in Paramount Tower Hotel & Residences Downtown sold for AED 1,400,000–2,100,000 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 April 2026.

Questions about 6213, Paramount Tower Hotel & Residences Downtown

What did unit 6213 last sell for?

AED 1,400,000 on 13 October 2023: AED 2,049 per sqft for 683 sqft. The unit has 2 registered sales; the first was AED 1,225,985 in February 2022.

What is the rent for unit 6213?

AED 135,000 a year on the contract renewed on 1 April 2026. The previous contract, from April 2025, was AED 135,000; the unit has been rented since February 2023.

How big is unit 6213?

683 sqft (63.5 sqm): a one-bedroom apartment on the 62nd floor of a 63-storey tower completed in 2022.

What is unit 6213 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Paramount Tower Hotel & Residences Downtown sold for AED 1,400,000 to 2,100,000 in the last 12 months, around AED 2,119 per sqft.

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Mortgage on 6213, Paramount Tower Hotel & Residences Downtown

Starts from the last sale price (AED 1.4M, 13 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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