AED 172,000 /year

2 Bedrooms
2 Bathrooms
1,324 sqft / 123 sqm
APARTMENT FOR RENT IN PARAMOUNT TOWER HOTEL & RESIDENCES, BUSINESS BAY

FULLY FURNISHED TWO BEDROOM AT DAMAC PARAMOUNT !!

MIDTOWN PARAMOUNT RESIDENCE

2 BEDROOM+HALL

FULLY FURNISHED

ON THE HIGHER FLOOR

WITH BALCONY

WITH ALL FACILITY

ANNUAL RENT: 172,000/- 1 CHEQUE

175,000/- 2 TO 3 CHEQUES

FOR VIEWING CALL

SAFWAN - +971 55 4321315

Business Bay (Arabic: الخليج التجاري: Al-Khaleej Al-Tijari) is a central business district under construction in Dubai, United Arab Emirates. The project features numerous skyscrapers located in an area where Dubai Creek has been dredged and extended and located immediately south of Downtown Dubai. Business Bay will have upwards of 240 buildings, comprising commercial and residential developments. The infrastructure of Business Bay has been completed in 2008, and the entire development was expected to be completed between 2012-2015. Business Bay is part of the vision of His Highness Sheikh Mohammed Bin Rashed Al Maktoum, UAE Vice President, Prime Minister, Minister of Defense, and Ruler of Dubai. Business Bay will be a new 'city' within the city of Dubai and is being built as a commercial, residential, and business cluster along a new extension of Dubai Creek extending from Ras Al Khor to Sheikh Zayed Road. Covering an area of 64,000,000 square feet (5,900,000 m2), once completed it will be composed of office and residential towers set in landscaped gardens with a network of roads, pathways, and canals. It will become the region's business capital as well as a freehold city.

Property details

Property Type

Apartment

Property Size

1,324 sqft / 123 sqm

Bedrooms

2

Bathrooms

2

Available from

3 Sep 2024


Amenities

Central A/C

Balcony

Shared Pool

Security

Concierge

Maid Service

Covered Parking

Built in Wardrobes

Kitchen Appliances

View of Landmark


Floor plan

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Location

Map preview
Paramount Tower Hotel & Residences
Residential Insights

Price Range:

108K-255K AED/year
Business Bay
Community Insights
4/5237 building reviews

Luxury | Mostly apartments | Well connected

Price Range:

50K-3.1M AED/year

Price Insights

Transactions for Similar Properties

2 Beds Apartment in Paramount Tower Hotel & Residences

Sold for

DateAEDArea (sqft)
20 Sep 20242,339,0001,166
16 Sep 20242,250,0001,324
10 Sep 20242,400,0001,121
13 Aug 20242,300,0001,341
1 Aug 20242,300,0001,166

Rented for

DateAED/yearArea (sqft)
25 Sep 2024170,0001,290
23 Sep 2024135,0001,166
23 Sep 2024200,0001,121
19 Sep 2024180,0001,328
26 Aug 2024200,0001,221
See all transactions in this location

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This property costs 8% more than the average price of 2 bedroom in Business Bay

Average Rent is 159,233 AED

This property is 4% smaller than the average size of 2 bedroom in Business Bay

Average size is 1,384 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

Davood Safwan

2.5

2 Ratings

2 Ratings

Grace Homes Real Estate Brokers

See all properties (34)

Response time

within 30 minutes

Experience

3 years

Closed Deals

2

Languages

English,Hindi,Malayalam,Kannada

See agent properties (12)

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Regulatory information
Regulatory information

Reference

GH-2BHK-DPH

Listed

23 days ago

Broker ORN

2532

Zone name

Business Bay

DLD Permit Number:

7132466531

DLD Permit Number

Davood Safwan

2.5

2 Ratings

usually responds within 30 minutes