AED 105,000 /year

1 Bedroom
2 Bathrooms
1,112 sqft / 103 sqm
APARTMENT FOR RENT IN TOWER A, DAMAC TOWERS BY PARAMOUNT

Spacious Unit | High Floor | Very Well Maintained

Fully Furnished
Hotel Apartment
1 Bedroom
1.5 Bathroom
Parking space
Fully fitted kitchen
Huge Balcony

Business Bay is an urban concept and upscale mixed-use community lending itself to vibrant living. Commercial, residential, hospitality, entertainment and leisure facilities rub shoulders with green spaces, water features, lakes and fountains. Business Bay sits adjacent to the Burj area, and its famous boulevard, iconic shopping mall, dancing fountains and first-class amenities in the vicinity of the world’s tallest tower.

DAMAC Towers by Paramount Hotels & Resorts is an iconic hotel and residential complex located in the heart of Dubai’s prestigious Burj area. This four-tower development, comprising three towers of circa 1,200 luxury apartments and a fourth that houses the Paramount Hotel, will present sumptuous living with a Hollywood flavour.
The multi-level plaza, which links the four 270-metre towers, will offer an eclectic selection of specialty dining, dine-in cinema, wellness centers, swimming pools and a Kids Studio Club.

Property details

Property Type

Apartment

Property Size

1,112 sqft / 103 sqm

Bedrooms

1

Bathrooms

2

Available from

18 Apr 2025


Amenities

Central A/C

Balcony

Shared Pool

Shared Spa

Security

Concierge

Covered Parking

Built in Wardrobes

Walk-in Closet

Kitchen Appliances


Location

Map preview
Tower A
Residential Insights

Price Range:

100K-260K AED/year
Business Bay
Community Insights
4/5238 building reviews

Luxury | Well connected | Mostly apartments

Price Range:

50K-4.5M AED/year

Price Insights

Transactions for Similar Properties

1 Bed Apartment in Tower A

Sold for

DateAEDArea (sqft)
15 Apr 20251,406,609942
20 Mar 20251,450,000929
20 Mar 20251,450,000942
12 Mar 20251,500,000942
12 Mar 20251,500,000950

Rented for

DateAED/yearArea (sqft)
16 Apr 2025105,000942
7 Apr 2025105,000939
7 Apr 2025105,0001,055
3 Apr 2025100,000940
29 Sep 2024110,0001,055
See all transactions in this location

Powered byDataGuru

This property costs 9% less than the average price of 1 bedroom in Business Bay

Average Rent is 114,803 AED

This property is 18% bigger 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

Provided by

Tarek Ahmed Reda Ghareb

3.4

Ocean Real Estate

See all properties (13)

Response time

within 1 hour

Experience

12 years

Languages

English, Arabic

See agent properties (4)

Regulatory information
Regulatory information

Reference

Ocean-131060999

Listed

5 days ago

Broker License

12795

Zone name

Business Bay

DLD Permit Number:

7117446154

Agent License

34334

DLD Permit Number

Tarek Ahmed Reda Ghareb

3.4

Usually responds within 1 hour