AED 1,690,000
Own this from just
6,951 AED/monthDamac | Super high floor | 1Br | Ready
Hollywood flair in an iconic apartment and hotel complex
DAMAC Towers by Paramount Hotels And Resorts is a four-tower development unique in its scope and ambition: California cool meets Hollywood glamour at an address as iconic as its neighbourhood, while the city’s most exciting retail and F&B experiences are moments away.
Three towers host 1,200 luxury apartments, where the sleek, studio-feel interior theme is inspired by the iconic studios. The fourth tower is the setting for a hotel, directed by Paramount Hotels And Resorts. The towers share a wealth of luxurious amenities, including a stunning podium-set swimming pool, with huge sun deck and panoramic views of the Burj area.
Paramount Hotels & Resorts translates bold imagination into an inspirational experience, drawing on a century-long track record of delighting guests. The brand combines service, design, entertainment and lifestyle in thrilling new ways across a series of major global properties.
Business Bay is an urban concept and upscale mixed-use community lending itself to vibrant living. Commercial, residential, hospitality, entertainment and leisure facilities rub shoulders with green spaces, water features, lakes and fountains. Business Bay sits adjacent to the Burj area, and its famous boulevard, iconic shopping mall, dancing fountains and first-class amenities in the vicinity of the world’s tallest tower.
Property details
Property Type
Apartment
Property Size
1,055 sqft / 98 sqm
Bedrooms
1
Bathrooms
1
Service Charges
28.65 AED per sqft
Amenities
Central A/C
Balcony
Shared Pool
Security
Concierge
Shared Gym
Lobby in Building
Children's Pool
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Location
Price Insights
Transactions for Similar Properties
1 Bed Apartment in Tower A
Sold for
Date | AED | Area (sqft) |
---|---|---|
15 Oct 2024 | 1,620,000 | 919 |
7 Oct 2024 | 1,400,000 | 939 |
2 Oct 2024 | 1,500,000 | 1,055 |
27 Sep 2024 | 1,400,000 | 942 |
23 Sep 2024 | 1,530,000 | 942 |
Rented for
Date | AED/year | Area (sqft) |
---|---|---|
3 Nov 2024 | 120,000 | 924 |
1 Nov 2024 | 110,000 | 942 |
25 Oct 2024 | 115,000 | 929 |
20 Oct 2024 | 110,000 | 1,055 |
1 Jul 2024 | 92,000 | 1,055 |
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This property costs 4% less than the average price of 1 bedroom in Business Bay
Average Sale Price is 1,765,580 AED
This property is 20% bigger than the average size of 1 bedroom in Business Bay
Average size is 878 sqft
The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Business Bay
Provided by
CONTINENTAL CLUB PROPERTY L.L.C
See all properties (120)Response time
within 15 minutes
Experience
15 years
Closed Deals
16
Languages
English,Russian
Get the right mortgage for you
Estimate your monthly mortgage payment
Monthly payment
6,951 AED
with interest rate of
3.75%
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Regulatory information
Regulatory information
Reference
continental-10996009
Listed
16 days ago
Broker License
31933
Zone name
Business Bay
DLD Permit Number:
7117446143
Agent License
67480
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Own this property from just
6,951 AED /month
Fixed rates from: 3.75%
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