AED 1,600,000
Own this from just
6,581 AED/month1 BR | Nestled in the vibrant Business Bay | Ready to Move
Damac Towers by Paramount Hotels & Resorts is an investment-friendly hotel and residential complex, located right in the centre of Burj area, Dubai. The development comprises of 4 towers, with 3 towers offering 1200 luxury apartments and the 4th tower is home to Paramount Hotel & Residences, which adds a bit of Hollywood flavour and enhances its overall appeal.
Price: 1,600,000
1 Bedroom
1 Bathroom
Size: 981.99 sq. ft.
Project Highlights:
Investment friendly hotel & residential complex
Featuring Studio, 1, 2 & 3 bedroom suites
Located in the Burj Area, Dubai
World-class development
Access to best in class facilities
Property details
Property Type
Apartment
Property Size
981 sqft / 91 sqm
Bedrooms
1
Bathrooms
1
Service Charges
28.7 AED per sqft
Location
Price Insights
Transactions for Similar Properties
1 Bed Apartment in Tower B
Sold for
Date | AED | Area (sqft) |
---|---|---|
12 Nov 2024 | 2,100,000 | 929 |
30 Sep 2024 | 1,200,000 | 929 |
9 Sep 2024 | 1,500,000 | 942 |
26 Aug 2024 | 1,550,000 | 929 |
18 Jul 2024 | 1,500,000 | 1,055 |
Rented for
Date | AED/year | Area (sqft) |
---|---|---|
17 Dec 2024 | 130,000 | 942 |
16 Dec 2024 | 115,000 | 929 |
15 Dec 2024 | 120,000 | 929 |
5 Dec 2024 | 115,000 | 1,055 |
1 Dec 2024 | 120,000 | 929 |
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This property costs 10% less than the average price of 1 bedroom in Business Bay
Average Sale Price is 1,774,439 AED
This property is 12% bigger than the average size of 1 bedroom in Business Bay
Average size is 874 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
MIRA REAL ESTATE BROKERS L.L.C
See all properties (386)Response time
within 2 hours
Experience
4 years
Closed Deals
6
Languages
English, Russian
Get the right mortgage for you
Estimate your monthly mortgage payment
Monthly payment
6,581 AED
with interest rate of
3.75%
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Regulatory information
Regulatory information
Reference
mirarealestatebrokersllc-12197434
Listed
2 days ago
Broker License
23743
Zone name
Business Bay
DLD Permit Number:
7117445081
Agent License
54172
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Own this property from just
6,581 AED /month
Fixed rates from: 3.75%
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