AED 240,000 /year

3 Bedrooms
2 Bathrooms
1,722 sqft / 160 sqm
APARTMENT FOR RENT IN PARAMOUNT TOWER HOTEL & RESIDENCES, BUSINESS BAY

Paramount Midtown | Close to Dubai Mall | View |

Brought to you by Paramount Homes, this 3 Bedroom apartment is located in Damac Towers by Paramount, Business Bay.

Paramount Hotels & Resorts project is an award-winning tower with world-class amenities
Unit Type Available in All Towers

Property Features;
* BUA: 1 722sqft
* 3 bedroom apartment
* Built-in Wardrobes
* Fully Fitted Kitchen with big cabinetry
* Spacious balcony
* On high floor
* Floor to ceiling windows
* Vacant
* Car Parking
* Concierge services and 24-hour maintenance and security
Kindly note our listings are exclusive, Property Advisors please do not enquire.

With feel-good vibes, mid-century styling, awe-inspiring views and fresh culinary concepts, this hotel is where the Hollywood-chic go to ‘see and be seen. Curated for the young-at-heart who love to be at the centre of it all, Paramount Midtown is perfectly positioned in Business Bay Dubai, just a stone’s throw from Sheikh Zayed Road, Burj Khalifa and the Dubai Mall. Film fans and movie aficionados have a new place to stay when in Dubai. That’s because the city’s second Paramount Hotel has opened in Business Bay, inspired by the 110-year-old cinematic history of Paramount Pictures.

Paramount Hotel Midtown has rolled out its red carpet to overnight guests seeking a stay in Hollywood splendour. Entering into a gold-dipped lobby dotted with retro artwork and nods to Tinseltown, the 281-room hotel promises guests a celeb-worthy gym and spa. For dining, there is a choice of five restaurants including upscale Italian outlet Paparazzi Tuscan, which has an open-plan kitchen and a chef’s table experience.

Property details

Property Type

Apartment

Property Size

1,722 sqft / 160 sqm

Bedrooms

3

Bathrooms

2


Amenities

Balcony

Shared Pool

Covered Parking

Built in Wardrobes

Kitchen Appliances

View of Landmark

Shared Gym


Floor plan

Powered byDataGuru


Location

Map preview
Paramount Tower Hotel & Residences
Residential Insights

Price Range:

90K-250K AED/year
Business Bay
Community Insights
4/5237 building reviews

Well connected | Mostly apartments | Luxury

Price Range:

53K-4M AED/year

Price Insights

Transactions for Similar Properties

3 Beds Apartment in Paramount Tower Hotel & Residences

Sold for

DateAEDArea (sqft)
19 Dec 20243,381,1001,644
1 Nov 20242,900,0001,644
29 Jul 20243,200,0001,644
2 Jul 20243,400,0001,644
19 Mar 20242,770,0001,644

Rented for

DateAED/yearArea (sqft)
22 Dec 2024200,0001,628
1 Dec 2024160,0001,644
25 Nov 2024100,0001,644
22 Nov 2024240,0001,644
10 Aug 2024180,0001,645
See all transactions in this location

Powered byDataGuru

This property costs 19% more than the average price of 3 bedroom in Business Bay

Average Rent is 202,024 AED

This property is 12% smaller than the average size of 3 bedroom in Business Bay

Average size is 1,948 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

Nazia Shah

4.1

PARAMOUNT HOMES REAL ESTATE L.L.C

See all properties (19)

Response time

within 30 minutes

Experience

14 years

Languages

English, Urdu, Afrikaans

See agent properties (11)

Should you rent or buy?

Calculate and compare your monthly costs, and discover at what point you should consider purchasing a property.


Regulatory information
Regulatory information

Reference

paramount-homes-12089948

Listed

7 days ago

Broker License

1204402

Zone name

Business Bay

DLD Permit Number:

7117444927

DLD Permit Number

Call

Nazia Shah

4.1

Usually responds within 30 minutes

Call