AED 900,000

Own this from just

3,702 AED/month
Studio
1 Bathroom
498 sqft / 46 sqm
APARTMENT FOR SALE IN PARAMOUNT TOWER HOTEL & RESIDENCES, BUSINESS BAY

Fully Furnished | Modern Unit | Vacant Now

Barnes International Realty is thrilled to present this luxurious Hotel Apartment in DAMAC Towers by Paramount Hotels & Resorts located within the vibrant Business Bay community.

Features:
- Only for investment purposes
- Size: 499 sq. ft.
- 2 weeks complimentary stay
- No service charges to be paid
- Luxury branded studio
- Fully furnished and equipped
- Bathroom with switchable glass control (smart glass)
- Bright and spacious

Amenities:
- Easy access to the main road
- A few minutes away from the iconic Burj Khalifa and Dubai Mall
- Separate pools for kids and adults
- Fitness centers and SPA
- Kids play area
- Branded restaurants and boutiques
- 24-hour security
- Concierge services

DAMAC Towers by Paramount Hotels & Resorts is a four-tower development unique in its scope and ambition: California cool meets Hollywood glamour at an address as iconic as its neighborhood, while the city’s most exciting retail and F&B experiences are moments away.
Paramount Hotels & Resorts translates bold imagination into an inspirational experience, drawing on a century-long track record of delighting guests. The brand combines service, design, entertainment, and lifestyle in thrilling new ways across a series of major global properties.

Three towers host 1,200 luxury apartments. The fourth tower is the setting for a hotel, directed by Paramount Hotels & Resorts. The towers share a wealth of luxurious amenities, including a stunning podium-set swimming pool, with a huge sun deck and panoramic views of the Burj area.

Barnes International is the leader globally in Luxury Real Estate, with over 145 Offices across 22 countries. We want you to know that we're very proud of our professional and knowledgeable approach to your Real Estate requirements. If you're looking locally or internationally, please contact us to find our available properties.

Property details

Property Type

Apartment

Property Size

498 sqft / 46 sqm

Bedrooms

studio

Bathrooms

1

Service Charges

19.93 AED per sqft


Amenities

Balcony

Shared Pool

Security

Covered Parking

Built in Wardrobes

Kitchen Appliances

Pets Allowed

Shared Gym


Floor plan

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Location

Map preview
Paramount Tower Hotel & Residences
Residential Insights

Price Range:

810K-3.7M AED
Business Bay
Community Insights
4/5237 building reviews

Well connected | Mostly apartments | Luxury

Price Range:

390K-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)
9 Nov 202455,000466
16 Oct 202490,000466
24 Jul 2024190,000522
1 Jun 202478,000692
9 Nov 202355,000466
See all transactions in this location

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This property costs 18% less than the average price of studio bedroom in Business Bay

Average Sale Price is 1,099,109 AED

This property is 2% bigger than the average size of studio bedroom in Business Bay

Average size is 488 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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William O'Callaghan

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Barnes International Realty

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Response time

within 5 minutes

Experience

3 years

Closed Deals

3

Languages

English, Polish, Spanish

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300,000 AED35,000,000 AED
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Monthly payment

3,702 AED

with interest rate of

3.75%

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Regulatory information
Regulatory information

Reference

BARNES-5936

Listed

1 month ago

Broker License

406

Zone name

Business Bay

DLD Permit Number:

7117447843

Agent License

74235

DLD Permit Number

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William O'Callaghan

5.0

Usually responds within 5 minutes

Own this property from just

3,702 AED /month

Fixed rates from: 3.75%

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