AED 1,880,000

Own this from just

7,733 AED/month
1 Bedroom
2 Bathrooms
843 sqft / 78 sqm
APARTMENT FOR SALE IN PARAMOUNT TOWER HOTEL & RESIDENCES, BUSINESS BAY

High ROI 3.5 years 8.5% | Managed by hotel | Lower than Original price

First 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: 842 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

843 sqft / 78 sqm

Bedrooms

1

Bathrooms

2

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

1 Bed Apartment in Paramount Tower Hotel & Residences

Sold for

DateAEDArea (sqft)
31 Oct 20242,115,570965
22 Oct 20241,400,000680
2 Oct 20242,489,0001,049
30 Aug 20241,200,000681
13 Aug 20241,200,000862

Rented for

DateAED/yearArea (sqft)
31 Oct 202488,000952
25 Oct 2024110,000679
17 Oct 202478,000697
13 Oct 2024120,000974
11 Oct 2024110,000965
See all transactions in this location

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 4% 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

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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%
376,000 AED1,504,000 AED
1 year25 years

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Monthly payment

7,733 AED

with interest rate of

3.75%

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Regulatory information
Regulatory information

Reference

23948

Listed

2 months ago

Broker License

36321

Zone name

Business Bay

DLD Permit Number:

71248026800

Agent License

70460

DLD Permit Number

Usually responds within 30 minutes

Own this property from just

7,733 AED /month

Fixed rates from: 3.75%

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