AED 2,380,000

Own this from just

9,789 AED/month
2 Bedrooms
3 Bathrooms
1,356 sqft / 126 sqm
APARTMENT FOR SALE IN PARAMOUNT TOWER HOTEL & RESIDENCES, BUSINESS BAY

High ROI 3.5 years 10% | Managed by hotel | Lower than Original price

First Edition Realty is pleased to present this beautiful 2-bedroom apartment at the Paramount Hotel Midtown, located in the prime area of Business Bay.

Investment Highlights:
- 10% guaranteed ROI for 3.5 years
- Managed by the hotel
- Distress deal – a rare opportunity

Apartment Features:
- View: Burj Khalifa
- Proximity: Near Dubai Mall
- Total Area: 1355 sqft
- Parking: 1 space

Amenities:
- Balcony
- Broadband ready
- Built-in wardrobes
- Central AC
- Covered parking
- Gym
- Sauna
- Shared pool
- Kitchen appliances
- Children's play area
- Metro station nearby
- Mosque
- Public parking
- Restaurants
- Shared spa
- Shops
- Security
- Public park

Business Bay is a modern financial district filled with corporate high-rises, stylish apartment buildings, and luxurious hotels.

Property details

Property Type

Apartment

Property Size

1,356 sqft / 126 sqm

Bedrooms

2

Bathrooms

3

Service Charges

19.93 AED per sqft


Amenities

Central A/C

Balcony

Shared Pool

Security

Concierge

Covered Parking

Lobby in Building

Children's Pool

Children's Play Area


Location

Map preview
Paramount Tower Hotel & Residences
Residential Insights

Price Range:

760K-3.8M AED
Business Bay
Community Insights
4/5237 building reviews

Luxury | Well connected | Mostly apartments

Price Range:

400K-750M AED

Price Insights

Transactions for Similar Properties

2 Beds Apartment in Paramount Tower Hotel & Residences

Sold for

DateAEDArea (sqft)
17 Oct 20242,450,0001,322
15 Oct 20242,270,0001,356
1 Oct 20242,400,0001,186
20 Sep 20242,339,0001,166
16 Sep 20242,250,0001,324

Rented for

DateAED/yearArea (sqft)
1 Nov 2024190,0001,166
31 Oct 2024135,0001,248
24 Oct 2024170,0001,415
24 Oct 2024195,0001,341
19 Oct 2024190,0001,221
See all transactions in this location

Powered byDataGuru

This property costs 22% less than the average price of 2 bedroom in Business Bay

Average Sale Price is 3,050,504 AED

This property is 5% smaller than the average size of 2 bedroom in Business Bay

Average size is 1,422 sqft

The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Business Bay

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FIRST EDITION REALTY L.L.C

See all properties (56)

Response time

within 30 minutes

Experience

2 years

Languages

English,Russian,Ukranian

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300,000 AED35,000,000 AED
20%
476,000 AED1,904,000 AED
1 year25 years

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Monthly payment

9,789 AED

with interest rate of

3.75%

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Regulatory information
Regulatory information

Reference

23944

Listed

2 months ago

Broker License

36321

Zone name

Business Bay

DLD Permit Number:

7132465027

Agent License

70460

DLD Permit Number

Usually responds within 30 minutes

Own this property from just

9,789 AED /month

Fixed rates from: 3.75%

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