Apartments for sale in DAMAC Towers by Paramount, Business Bay

Buying an apartment in Damac Towers Paramount

Looking for a luxurious apartment in Business Bay? Look no further than Damac Towers Paramount Dubai! This stunning development offers a selection of one, two and three bedroom apartments, all finished to an exceptionally high standard. With stunning views of the Burj Khalifa and the Dubai Canal, these apartments are perfect for those who want to live in style.
The development is located in close proximity to a number of 5-star hotels, as well as world-class shopping and dining experiences. There is also a wide range of leisure facilities on offer, including a swimming pool, gymnasium and children’s play area.
If you are looking for an apartment that oozes luxury and style, then Damac Towers Paramount Dubai is the perfect choice for you!

The Average sale Price for apartments in Towers Paramount

The average sale price for apartments in Damac Towers Paramount is AED 1,800,000. The average price per square foot is AED 1,604. The highest priced unit sold was for AED 3,929,400 and the lowest priced unit sold was for AED 630,000. The Damac Towers Paramount Hotel & Residences is a luxury mixed-use development comprising four towers in the Business Bay district of Dubai. The development includes a hotel, serviced apartments, residential apartments and retail units. The project was completed in 2013 and has a total of 889 units.

Types of Available apartments in Damac Towers

There are many types of apartments available in Damac Towers. One can choose from a one bedroom apartment to a four bedroom apartment. There are also penthouses and duplexes available in the towers. The apartments range in size from 438 square feet to 2,247 square feet. The prices for the apartments range from 1.8 million dirhams to 4 million dirhams depending on the size and location of the unit.
These Towers by Damac offer stunning views of the Burj Khalifa, the Arabian Gulf and the Downtown Dubai skyline. The towers are located in close proximity to many shopping malls, restaurants and cafes. The towers also have easy access to major highways such as Sheikh Zayed Road and Al Khail Road.

Advantages and Disadvantages of buying an apartment in Damac Towers Paramount

There are many reasons why people may choose to buy an apartment in Damac Towers Paramount . The area is full of modern conveniences and offers a high standard of living. It is also close to many major attractions, making it an ideal location for families or individuals who want to be close to the action.
However, there are also some disadvantages to purchasing an apartment in this area. First and foremost, the cost of living is very high. Additionally, the area can be quite crowded and noisy, and there are often long wait times for elevators during peak hours.

Costs associated with buying an apartment in Paramount towers

it's a luxurious place indeed, apartments that overlooks the Business Bay area and many more amenities. It is one of the most popular places to live in Dubai for business professionals and families alike. Offering a wide range of amenities and facilities, including a swimming pool, gym, sauna, and steam room. There are also a number of restaurants and cafes on site.
The cost of buying an apartment in Damac Towers Paramount varies depending on the size and location of the unit, the prices for apartments available for rent, is averaged at around AED 80,000 per year.
There are some side costs you should consider like stumps duty, you should keep in mind.

Transportation Availability in Paramount towers

The Business Bay area of Dubai is serviced by a number of transportation options that make getting around the city a breeze.
Paramount Towers are located in the heart of the business district and offer easy access to a number of different transportation options.
For those who need to commute to other parts of the city, there are a number of different bus routes that run through the area and there is also a metro station located nearby.
Taxis are also readily available and can be hailed from the street or ordered in advance through apps like Uber. For those who are staying in the area for leisure, there are plenty of things to do and see within walking distance, but there are also plenty of other transportation options available if you want to venture further out. There are a number of car rental companies located in the area, as well as tour operators that offer day trips to other parts of Dubai and even beyond.

How many different apartments types are available Business Bay Damac Towers ?

There are a total of four different apartment types available at here . The first type is a one-bedroom apartment, which starts at 1,400 square feet. The second type is a two-bedroom apartment, which starts at 2,200 square feet. The third type is a three-bedroom apartment, which starts at 3,000 square feet. Lastly, there are four-bedroom apartments available, which start at 4,000 square feet. All of these apartments come with high-end finishes and fixtures, as well as stunning views of the cityscape.

Is buying an apartment a good investment in Damac Towers Paramount ?

There is no easy straightforward answer when it comes to investing in property, as there are a number of factors to consider before making a decision. However, if you are thinking about investing in an apartment in Paramount Towers or in business bay in general, then there are a few things you should keep in mind.
First and foremost, it is important to remember that the Dubai real estate market can be highly volatile, so there is always a risk involved when making any kind of investment. That being said, Business Bay is considered to be a relatively stable area in Dubai, which may make it a more attractive option for some investors.
Another thing to keep in mind is that prices in Business Bay have been on the rise in recent years, so if you are looking to invest now, you may be able to get a good return on your investment down the line. Of course, this is not guaranteed and you will need to do your own research before making any decisions.
Overall, investing in an apartment in these towers could be a good option for those looking for stability and potential capital gains. However, as with any investment, there are risks involved and it is important to do your due diligence before making any decisions.