AED 130,000 /year

1 Bedroom

1 Bathroom

1,055 sqft / 98 sqm

APARTMENT FOR RENT IN PARAMOUNT TOWER HOTEL & RESIDENCES, BUSINESS BAY

Big Layout | High Floor | Prime Location

Darvash Properties Properties is delighted to offer this amazing 1 bedroom apartment for rent located in the DAMAC TOWERS BY PARAMOUNT in Business Bay.

Property Details:
- Fully Furnished
- 1 Bedroom
- 2 Bathroom
- Living / Dining Area
- Fully Fitted Kitchen
- Built-in Wardrobes
- Spacious Balcony

Facilities & Amenities:
- State-of-the-art pool
- Gymnasium
- Luxurious spa, sauna
- Children’s play area
- 24h Valet Parking
- 24-hour concierge
- High-speed elevators
- Security
- Retail shops
- Restaurants
- Supermarket
- Dedicated events and meetings area

DAMAC Towers by Paramount Hotels & Resorts Dubai is a complex of four skyscrapers located in Business Bay, Dubai. Each of the four buildings is 270 meters (890 ft) tall with 68 stories each.

Property details

Property Type

Apartment

Property Size

1,055 sqft / 98 sqm

Bedrooms

1

Bathrooms

1

Location

Paramount Tower Hotel & Residences

Residential Insights

Price Range:

115K-330K AED/year

Business Bay

Community Insights

4/5237 building reviews

Luxury | Well connected | Mostly apartments

Price Range:

53K-4M AED/year

Price Insights

Transactions for Similar Properties

1 Bed Apartment in Paramount Tower Hotel & Residences

Sold for

Date	AED	Area (sqft)
29 Nov 2024	2,000,000	869
4 Nov 2024	1,800,000	869
31 Oct 2024	2,115,570	965
22 Oct 2024	1,400,000	680
2 Oct 2024	2,489,000	1,049

Rented for

Date	AED/year	Area (sqft)
1 Feb 2025	140,000	756
20 Jan 2025	100,000	965
15 Jan 2025	125,000	974
7 Jan 2025	130,000	869
5 Jan 2025	125,000	679

See all transactions in this location

Powered byDataGuru

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

Average Rent is 113,960 AED

This property is 12% 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

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DARVASH PROPERTIES

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Response time

within 5 minutes

Experience

12 years

Languages

English, Arabic, Urdu

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Regulatory information

Regulatory information

Reference

1010201109969

Listed

7 days ago

36534

Zone name

Business Bay

7136612491

67869

DLD Permit Number

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