Verified

AED 750,000

Own this from just

3,085 AED/month

Studio

1 Bathroom

520 sqft / 48 sqm

APARTMENT FOR SALE IN PARAMOUNT TOWER HOTEL & RESIDENCES, BUSINESS BAY

High ROI | Investors Deal | Prime Location

Luxury Concierge Real Estate is proud to offer you this Elegant Hotel Room in DAMAC Towers Hotel and Residence by Paramount, Business Bay:

Selling Price: AED 750,000 /- Distress Deal

Property Details:
Community: Business Bay
Property Type: Hotel Room / Studio
Building: DAMAC Towers by Paramount (C)
Suite Area: 48.31 sqm (520 sq. ft.)
Floor: High Floor

Features & Amenities:
World-Class Amenities and services
Luxurious Interiors inspired by Hollywood’s Paramount theme
Prime Location with easy access to Downtown Dubai and Burj Khalifa
Stunning Views of the city skyline
Proximity to key landmarks, restaurants, and entertainment options

Investment Potential:
Ideal for investors and individuals seeking high rental yield in a prime Dubai location
A perfect blend of luxury living and ultimate convenience

Property details

Property Type

Apartment

Property Size

520 sqft / 48 sqm

Bedrooms

studio

Bathrooms

1

Service Charges

19.93 AED per sqft

Location

Paramount Tower Hotel & Residences

Residential Insights

Price Range:

720K-3.7M AED

Business Bay

Community Insights

4/5237 building reviews

Luxury | Well connected | Mostly apartments

Price Range:

390K-750M AED

Price Insights

Transactions for Similar Properties

Studio Apartment in Paramount Tower Hotel & Residences

Sold for

Date	AED	Area (sqft)
12 Aug 2024	1,095,000	477
15 Jul 2024	875,400	520
3 Apr 2024	880,000	520
20 Feb 2024	1,400,000	520
20 Feb 2024	1,400,000	520

Rented for

Date	AED/year	Area (sqft)
9 Nov 2024	55,000	466
16 Oct 2024	90,000	466
24 Jul 2024	190,000	522
1 Jun 2024	78,000	692
9 Nov 2023	55,000	466

See all transactions in this location

Powered byDataGuru

This property costs 32% less than the average price of studio bedroom in Business Bay

Average Sale Price is 1,099,109 AED

This property is 7% 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

Provided by

Karanvir Singh

5.0

Luxury Concierge Real Estate

See all properties (66)

Response time

within 15 minutes

Experience

4 years

Closed Deals

2

Languages

English, Hindi, Punjabi

See agent properties (4)

Get the right mortgage for you

Purchase price

300,000 AED35,000,000 AED

Residency status

Down payment

20%

150,000 AED600,000 AED

Loan period

1 year25 years

Estimate your monthly mortgage payment

Monthly payment

3,085 AED

with interest rate of

3.75%

Get a mortgage quote

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Regulatory information

Regulatory information

Reference

luxuryconcierge-12357972

Listed

15 days ago

11941

Zone name

Business Bay

7132465147

69940

DLD Permit Number

Recommended for you

Karanvir Singh

5.0

Usually responds within 15 minutes

Own this property from just

3,085 AED /month

Fixed rates from: 3.75%

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