AED 1,880,000
Own this from just
7,733 AED/month1 Bedroom
2 Bathrooms
862 sqft / 80 sqm
APARTMENT FOR SALE IN PARAMOUNT TOWER HOTEL & RESIDENCES, BUSINESS BAYFirst Edition Realty is pleased to present this beautiful 1-bedroom apartment at the Paramount Hotel Midtown, located in the prime area of Business Bay.
Investment Highlights:
- 8.5% 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: 862 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.
High ROI 3.5 years 8.5% | Managed by hotel | Lower than Original price
Investment Highlights:
- 8.5% 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: 862 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
862 sqft / 80 sqm
Bedrooms
1
Bathrooms
2
Service Charges
19.93 AED per sqft
Amenities
Balcony
Shared Pool
Security
Concierge
Covered Parking
Lobby in Building
Children's Pool
Children's Play Area
Location
Price Insights
Transactions for Similar Properties
1 Bed Apartment in Paramount Tower Hotel & Residences
Sold for
| Date | AED | Area (sqft) |
|---|---|---|
| 4 Nov 2024 | 1,800,000 | 869 |
| 31 Oct 2024 | 2,115,570 | 965 |
| 22 Oct 2024 | 1,400,000 | 680 |
| 2 Oct 2024 | 2,489,000 | 1,049 |
| 30 Aug 2024 | 1,200,000 | 681 |
Rented for
| Date | AED/year | Area (sqft) |
|---|---|---|
| 19 Nov 2024 | 120,000 | 898 |
| 9 Nov 2024 | 125,000 | 898 |
| 8 Nov 2024 | 135,000 | 921 |
| 31 Oct 2024 | 88,000 | 952 |
| 11 Oct 2024 | 110,000 | 965 |
Powered byDataGuru
This property costs 6% more than the average price of 1 bedroom in Business Bay
Average Sale Price is 1,765,580 AED
This property is 2% smaller 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
Sergii Sergiienko
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FIRST EDITION REALTY L.L.C
See all properties (71)Response time
within 1 hour
Experience
2 years
Languages
English,Russian,Ukranian
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Monthly payment
7,733 AED
with interest rate of
3.75%
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Regulatory information
Regulatory information
Reference
23958
Listed
3 months ago
Broker License
36321
Zone name
Business Bay
DLD Permit Number:
7132465379
Agent License
70460
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Own this property from just
7,733 AED /month
Fixed rates from: 3.75%
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