AED 140,000 /year

1 Bedroom
2 Bathrooms
928 sqft / 86 sqm
APARTMENT FOR RENT IN TOWER A, DAMAC TOWERS BY PARAMOUNT

Multiple Cheques | Luxurious Unit | Bright

McCone Properties is proud to present this incredible 1-bedroom apartment for rent in one of the coolest buildings in Dubai – DAMAC Paramount Towers. This four-tower development blends California cool with Hollywood glamour, situated in an iconic neighborhood just moments away from the city's most exciting retail and F&B experiences.

- 1 Bedroom
- 2 Bathrooms
- BUA: 928 sq.ft.

DAMAC Paramount Towers consists of three towers housing 1,200 luxury apartments, featuring sleek, studio-inspired interiors drawn from the iconic movie studios. The fourth tower is home to a luxurious hotel operated by Paramount Hotels and Resorts.

The towers offer a range of luxurious amenities, including a stunning podium-set swimming pool, expansive sun deck, and panoramic views of the Burj area.

Business Bay is an upscale, urban mixed-use community with commercial, residential, hospitality, entertainment, and leisure facilities. It’s surrounded by green spaces, lakes, fountains, and is adjacent to the Burj area, featuring the world's tallest tower, iconic shopping malls, dancing fountains, and world-class amenities.

Contact Saqib Shafi to arrange a viewing of this exceptional property.

Property details

Property Type

Apartment

Property Size

928 sqft / 86 sqm

Bedrooms

1

Bathrooms

2

Available from

11 Feb 2025


Amenities

Shared Pool

Security

Covered Parking

Built in Wardrobes

Kitchen Appliances

Shared Gym


Location

Map preview
Tower A
Residential Insights

Price Range:

90K-260K AED/year
Business Bay
Community Insights
4/5238 building reviews

Mostly apartments | Luxury | Well connected

Price Range:

55K-3.8M AED/year

Price Insights

Transactions for Similar Properties

1 Bed Apartment in Tower A

Sold for

DateAEDArea (sqft)
7 Feb 20251,500,000954
27 Dec 20241,650,000942
21 Nov 20241,450,0001,055
15 Oct 20241,620,000919
7 Oct 20241,400,000939

Rented for

DateAED/yearArea (sqft)
16 Feb 2025112,000929
10 Feb 2025100,000929
5 Feb 2025110,000965
2 Feb 2025111,0001,055
18 Nov 2024130,0001,055
See all transactions in this location

Powered byDataGuru

This property costs 23% more than the average price of 1 bedroom in Business Bay

Average Rent is 113,960 AED

This property is 1% smaller than the average size of 1 bedroom in Business Bay

Average size is 942 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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Saqib Shafi

5.0

McCone Properties

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Response time

within 5 minutes

Experience

2 years

Closed Deals

12

Languages

English

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Regulatory information
Regulatory information

Reference

MCC-R-41496

Listed

9 days ago

Broker License

12065

Zone name

Business Bay

DLD Permit Number:

7117446411

Agent License

70153

DLD Permit Number

Saqib Shafi

5.0

Usually responds within 5 minutes