AED 700,000

Own this from just

2,891 AED/month
3 Bedrooms
1 Bathroom
481 sqft / 45 sqm
HOTEL & HOTEL APARTMENT FOR SALE IN TOWER C, DAMAC TOWERS BY PARAMOUNT

Exclusive | Brand New | Prime Location

Engel & Voelkers is pleased to present you this Hotel Studio apartment in the popular development of DAMAC Paramount Towers, Business Bay. This studio is in Tower C of the development.

A hotel studio apartment is available for sale in the popular development of DAMAC Paramount Towers, Business Bay.

Property Details:

- Studio
- Vacant
- AED 700,000 net
- Guaranteed Extremely High ROI
- 50% Below the Original Price
- 481.90 Sq. Ft
- Developed by Damac properties
- Prime location
- Gym, Swimming pool, Steam, Sauna
- Childrens playground
- Supermarket nearby
- Very easy access to Downtown, Heart of Dubai, access Dubai Mall and boulevard area

This apartment is designed specifically for investors looking for a great ROI. These studio rooms offer a guaranteed High ROI. Owners can choose to rent themselves into the secondary market or choose to leave it in the hands of DAMAC’s hotel pool.

DAMAC Towers by Paramount is a four-tower hotel and residence complex in Business Bay. Standing at over 69 stories in height this development gives great views out towards Dubai Creek, and back into Downtown. Standing proud at the edge of Business Bay, it is one of the first buildings you see when coming in from Al Khail Road.

Engel & Voelkers is one of the world’s leading service companies specializing in the brokerage of residential and commercial properties, yachts, and aviation, with 1000+ offices in over 30 countries.

Contact Engel & Voelkers today for further details.

Property details

Property Type

Hotel & Hotel Apartment

Property Size

481 sqft / 45 sqm

Bedrooms

3

Bathrooms

1

Service Charges

4.55 AED per sqft


Amenities

Balcony

Shared Pool

Concierge

Built in Wardrobes

Children's Pool


Location

Map preview
Tower C
Residential Insights

Price Range:

600K-2.5M AED
Business Bay
Community Insights
4/5237 building reviews

Luxury | Mostly apartments | Well connected

Price Range:

400K-750M AED

Price Insights

Transactions for Similar Properties

3 Beds Hotel & Hotel Apartment in Tower C

Sold for

DateAEDArea (sqft)
12 Aug 20241,288,000492
9 Aug 2024963,489473
24 Jul 2024900,000488
9 Jul 2024775,000473
4 Jun 20241,173,000482

Rented for

DateAED/yearArea (sqft)

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ENGEL & VÖLKERS Dubai - S4

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Marcelline Engonwie Atughap

3.7

3 Ratings

3 Ratings

Response time

within 5 minutes

Closed Deals

3

Languages

English,French

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300,000 AED35,000,000 AED
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140,000 AED560,000 AED
1 year25 years

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Monthly payment

2,891 AED

with interest rate of

3.79%

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Regulatory information
Regulatory information

Reference

RL7623

Listed

3 days ago

Broker ORN

16081

Zone name

Business Bay

DLD Permit Number:

7123408227

DLD Permit Number

Marcelline Engonwie Atughap

3.7

3 Ratings

usually responds within 5 minutes

ENGEL & VÖLKERS Dubai - S4

Exclusively on Property Finder

Own this property from just

2,891 AED /month

Fixed rates from: 3.79%

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