AED 1,530,000

Own this from just

6,293 AED/month
Studio
1 Bathroom
479 sqft / 45 sqm
APARTMENT FOR SALE IN TOWER C, DAMAC TOWERS BY PARAMOUNT

Prime Location I Luxury Living

Madinat Al Petra Real Estate LLC is delighted to introduce a this Hotel Apartment located at the Damac Paramount Hotels in Business Bay.

PROPERTY DETAILS:
• Bedrooms: Studio
• Bathrooms: 1
• Floor: Low floor
• Size: 479 sqft
• Parking Spaces: Yes
• Furnishing: Fully furnished

Amenities:
• Swimming Pool
• Retail outlets
• Ample Parking Space
• Boutique stores
• Gymnasium
• Restaurants and Cafes

DAMAC Towers by Paramount Hotels & Resorts in Business Bay offers a luxurious Hollywood-inspired lifestyle in a prime Dubai location. This mixed-use development features four 55-storey towers, including three residential towers with studio, 1, 2, and 3-bedroom apartments, and a hotel tower offering opulent suites. Residents and guests enjoy access to world-class amenities, including pools, a spa, gourmet dining, and exclusive retail outlets, all while being minutes away from Downtown Dubai and the Burj Khalifa. Ideal for both personal use and investment, the property combines elegance, convenience, and strong potential for returns.

Madinat Al Petra Real Estate LLC is home to a team of Professional Agents who adeptly manage extensive portfolios of Sales and Leasing properties throughout Dubai, encompassing newly developed areas. Specializing in Villas and Apartments, as well as Commercial and Residential Units, our priority is to provide service that complies with RERA Laws, ensuring the protection of Sellers/Landlords' and Buyers/Tenants' rights.

For OWNERS/LANDLORDS: Experience targeted property exposure and assured outcomes with us. Whether it's Rentals or Sales, entrust your property to our capable hands. List with us today to enhance your real estate journey.

Property details

Property Type

Apartment

Property Size

479 sqft / 45 sqm

Bedrooms

studio

Bathrooms

1

Service Charges

4.55 AED per sqft


Amenities

Shared Pool

Concierge

Built in Wardrobes

Shared Gym

Lobby in Building


Location

Map preview
Tower C
Residential Insights

Price Range:

600K-10M AED
Business Bay
Community Insights
4/5237 building reviews

Well connected | Mostly apartments | Luxury

Price Range:

415K-750M AED

Price Insights

Transactions for Similar Properties

Studio Apartment in Tower C

Sold for

DateAEDArea (sqft)
31 Oct 20241,081,000451
29 Oct 2024580,000484
21 Oct 20241,327,000521
21 Oct 20241,334,000521
4 Oct 2024731,000451

Rented for

DateAED/yearArea (sqft)
4 Nov 202372,500481
4 Nov 202372,500481
See all transactions in this location

Powered byDataGuru

This property costs 40% more than the average price of studio bedroom in Business Bay

Average Sale Price is 1,093,020 AED

This property is 3% smaller than the average size of studio bedroom in Business Bay

Average size is 494 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

MADINAT ALPETRA REAL ESTATE LLC

See all properties (5)

Experience

2 years

Languages

English,Amharic

See agent properties (5)

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300,000 AED35,000,000 AED
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306,000 AED1,224,000 AED
1 year25 years

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Monthly payment

6,293 AED

with interest rate of

3.75%

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Regulatory information
Regulatory information

Reference

malpetra-10745044

Listed

1 month ago

Broker License

31897

Zone name

Business Bay

DLD Permit Number:

7117447456

Agent License

70475

DLD Permit Number

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Own this property from just

6,293 AED /month

Fixed rates from: 3.75%

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