AED 850,000

Own this from just

3,511 AED/month
studio
1 Bathroom
520 sqft / 48 sqm
APARTMENT FOR SALE IN PARAMOUNT TOWER HOTEL & RESIDENCES, BUSINESS BAY

INVEST IN 5* HOTEL WITH 12% GUARANTEED RETURN

▪️ Studio Apartment
▪️ 1 Bathroom
▪️ Built-up Area: 520 Sq. Ft.
▪️ Fully Furnished
▪️ Built in Wardrobes
▪️ High Floor
▪️ 1 Allocated Car Park


Facilities and Amenities:

- 24/7 Security
- CCTV Cameras
- Walking Trails
- Shared Gym
- Shared Swimming Pool
- Jacuzzi, Sauna and Steam Room
- Basement Parking
- Luxury Spa Facility
- Barbecue Areas
- Supermarkets and Restaurants
- Coffee House
- Supermarket
- Multiple Restaurants and Salon

DAMAC Towers by Paramount is a mixed-use complex in Business Bay. Its four 55-storey towers are connected by an 8-level podium which comprises various retail outlets. The three residential towers of the complex offer studio, 1, 2 and 3-bedroom apartments, whereas the hotel tower offers luxurious suites. The complex offers facilities like fitness, dining, self-care and leisure options.

Property details

Property Type

Apartment

Property Size

520 sqft / 48 sqm

Bedrooms

studio

Bathrooms

1

Service Charges

19.93 AED per sqft

Available from

4 Sep 2024


Location

Map preview
Paramount Tower Hotel & Residences
Residential Insights

Price Range:

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

Well connected | Mostly apartments | Luxury

Price Range:

400K-750M AED

Price Insights

Transactions for Similar Properties

Studio Apartment in Paramount Tower Hotel & Residences

Sold for

DateAEDArea (sqft)
12 Aug 20241,095,000477
15 Jul 2024875,400520
3 Apr 2024880,000520
20 Feb 20241,400,000520
20 Feb 20241,400,000520

Rented for

DateAED/yearArea (sqft)
24 Jul 2024190,000522
1 Jun 202478,000692
9 Nov 202355,000466
16 Oct 202370,000466
1 Jun 202375,000692
See all transactions in this location

Powered byDataGuru

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

Average Sale Price is 1,088,381 AED

This property is 5% bigger than the average size of studio bedroom in Business Bay

Average size is 493 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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Ziarat Gul

5.0

East Homes Real Estate

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Response time

within 5 minutes

Experience

13 years

Languages

English,Hindi,Urdu

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Monthly payment

3,511 AED

with interest rate of

3.79%

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Regulatory information
Regulatory information

Reference

easthomes-10281858

Listed

1 month ago

Broker ORN

17193

Zone name

Business Bay

DLD Permit Number:

7132465707

DLD Permit Number

Ziarat Gul

5.0

Usually responds within 5 minutes

Own this property from just

3,511 AED /month

Fixed rates from: 3.79%

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