AED 89,999 /year

1 Bedroom
2 Bathrooms
940 sqft / 87 sqm
APARTMENT FOR RENT IN TOWER A, DAMAC TOWERS BY PARAMOUNT

Luxurious | Fully Furnished | 1 Bedroom | Spacious

ABW REAL ESTATE is Proud to offering this 1-bed apartment in Damac Towers by Paramount A, for Sell. The buildings provide luxury residences with stunning views and an array of amenities.


Property Details:
- Fully Furnished
- City View
- Huge Balcony
- 1 bedroom
- 2 bathrooms
- BUA: 940.12 sq ft
- Ready to move in
- Open Kitchen and Fully Fitted
- Gym & Pool Access
- 1 Parking
- Health Club
- Cinema

The Paramount Tower in Dubai aimed to offer a unique blend of luxury, glamour, and contemporary living. Here is a more detailed description of this upscale development, situated in the bustling Business Bay district of Dubai, the Paramount Tower enjoys a prime location in the heart of the city.


The development's concept was to infuse Hollywood glamour and style into the heart of Dubai. It drew inspiration from the golden age of cinema, aiming to create an environment that felt like stepping into a classic Hollywood movie.

Paramount Tower boasted a wide range of world-class amenities and services. Residents and guests could indulge in a luxurious spa, stay in shape at the state-of-the-art fitness center, take a dip in the rooftop infinity pool, and dine in style at the on-site restaurants. Additionally, the development likely offered concierge services, valet parking, and 24/7 security to ensure a comfortable and secure lifestyle.


Many of the units in Paramount Tower offered breathtaking views of the Dubai skyline. Residents and guests could enjoy panoramic vistas of the city, with notable landmarks like the Burj Khalifa and the Dubai Canal in the backdrop.

Property details

Property Type

Apartment

Property Size

940 sqft / 87 sqm

Bedrooms

1

Bathrooms

2


Amenities

Central A/C

Balcony

Shared Pool

Security

Concierge

Covered Parking

Built in Wardrobes

Kitchen Appliances

Shared Gym

Lobby in Building


Location

Map preview
Tower A
Residential Insights

Price Range:

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

Well connected | Mostly apartments | Luxury

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 21% less than the average price of 1 bedroom in Business Bay

Average Rent is 113,960 AED

This property is the same size as 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

Provided by

Barbara Alexandar Jirako

4.2

A B W REAL ESTATE BUYING & SELLING BROKERAGE L.L.C

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Response time

within 15 minutes

Experience

8 years

Languages

English, Arabic, French, Bulgarian

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Regulatory information
Regulatory information

Reference

MUTAHIR-1BR-PARAMOUNT-A

Listed

8 days ago

Broker License

43148

Zone name

Business Bay

DLD Permit Number:

7117446189

Agent License

72624

DLD Permit Number

Barbara Alexandar Jirako

4.2

Usually responds within 15 minutes