AED 130,000 /year

1 Bedroom
2 Bathrooms
681 sqft / 63 sqm
APARTMENT FOR RENT IN PARAMOUNT TOWER HOTEL & RESIDENCES, BUSINESS BAY

High Floor| Furnished | Close to metro

Paramount Tower Hotel and Residences is a 64-storey building that combines a residential tower and a luxury hotel.

Apartment for rent in Paramount Tower Hotel & Residences, Business Bay

Paragon Properties is happy to present fully furnished apartment the prestigious Paramount Tower Hotel & Residences, Business Bay.

* Floor: High floor
* Kitchen: Open and Fully Fitted
* Built-Up Area: 680.71 Sqft
* Parking: 1 space
* Furnished: Yes

Amenities
*Kids Play Area
* Gym or Health Club
* Sauna
* Swimming Pool
* Balcony or Terrace
* Lobby in Building
* Service Elevators
* Prayer Room
* Conference Room
* Security Staff
* CCTV Security
* ATM Facility
* 24 Hours Concierge
*Fully Furnished
* Waste Disposal

About Paramount Hotel and Residence
A luxury hotel and residential tower next to Sheikh Zayed Road, floors 15 to 25 host a selection of high-end hotel rooms inspired by the Hollywood studio. A hotel room here represents a shrewd, completely managed investment into Dubai’s hospitality industry. Meanwhile, floors 26 to 63 offer luxury residences combining the comforts of home with Paramount-standard amenities and services (should you wish). Generous in space, the residential apartments are the height of fashionable, yet comfortable living, in a spectacular location.

Property details

Property Type

Apartment

Property Size

681 sqft / 63 sqm

Bedrooms

1

Bathrooms

2

Available from

30 Sep 2024


Amenities

Central A/C

Balcony

Shared Pool

Security

Concierge

Maid Service

Covered Parking

Built in Wardrobes

Walk-in Closet

View of Landmark


Floor plan

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Location

Map preview
Paramount Tower Hotel & Residences
Residential Insights

Price Range:

115K-242K AED/year
Business Bay
Community Insights
4/5237 building reviews

Luxury | Well connected | Mostly apartments

Price Range:

46K-3.8M AED/year

Price Insights

Transactions for Similar Properties

1 Bed Apartment in Paramount Tower Hotel & Residences

Sold for

DateAEDArea (sqft)
31 Oct 20242,115,570965
22 Oct 20241,400,000680
2 Oct 20242,489,0001,049
30 Aug 20241,200,000681
13 Aug 20241,200,000862

Rented for

DateAED/yearArea (sqft)
31 Oct 202488,000952
25 Oct 2024110,000679
17 Oct 202478,000697
13 Oct 2024120,000974
11 Oct 2024110,000965
See all transactions in this location

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This property costs 14% more than the average price of 1 bedroom in Business Bay

Average Rent is 113,887 AED

This property is 28% smaller than the average size of 1 bedroom in Business Bay

Average size is 940 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

SuperAgent

Alex Eady

5.0

Paragon Properties

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Response time

within 5 minutes

Experience

21 years

Closed Deals

5

Languages

English,French

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Regulatory information
Regulatory information

Reference

PP-R-9167

Listed

1 month ago

Broker License

28857

Zone name

Business Bay

DLD Permit Number:

7123705920

Agent License

51510

DLD Permit Number

Alex Eady

5.0

Usually responds within 5 minutes