First Sale
APARTMENT FOR SALE IN TOWER A, DAMAC TOWERS BY PARAMOUNT
The Damac Paramount Tower likely occupies a prime location, potentially enhancing its value over time. It's crucial to investigate the area's development plans, amenities, and accessibility to ensure they meet your requirements.
While Damac Properties is a reputable developer, it's still vital to scrutinize their track record, construction quality, and customer satisfaction to ensure the project's reliability.
An offer featuring an 8% guaranteed return and a 3-year post-handover payment plan presents a significant incentive, providing flexibility in financial management.
DAMAC Towers by Paramount Hotels And Resorts stands out as a distinctive four-tower development. Combining California cool with Hollywood glamour, it resides in an iconic neighborhood with the city's most vibrant retail and dining experiences nearby.
With three towers offering 1,200 luxury apartments, the interior design reflects the sleek, studio-like ambiance inspired by iconic studios. The fourth tower houses a hotel managed by Paramount Hotels And Resorts.
See all transactions in this location
3-Year Payment Plan Guaranteed 8% Hotel Apartment
Property Type:
Apartment
Property Size:
1,049 sqft / 97 sqm
Bedrooms:
1
Bathrooms:
1
Service Charges:
30.24 AED per sqft
Location
Tower A
Dubai, Business Bay, DAMAC Towers by Paramount
Agent
Tariq Mahmood
Homes 4 Life Real Estate LLC
(294 Properties)
Amenities
Central A/C
Balcony
Shared Spa
Security
Description
While Damac Properties is a reputable developer, it's still vital to scrutinize their track record, construction quality, and customer satisfaction to ensure the project's reliability.
An offer featuring an 8% guaranteed return and a 3-year post-handover payment plan presents a significant incentive, providing flexibility in financial management.
DAMAC Towers by Paramount Hotels And Resorts stands out as a distinctive four-tower development. Combining California cool with Hollywood glamour, it resides in an iconic neighborhood with the city's most vibrant retail and dining experiences nearby.
With three towers offering 1,200 luxury apartments, the interior design reflects the sleek, studio-like ambiance inspired by iconic studios. The fourth tower houses a hotel managed by Paramount Hotels And Resorts.
Transactions for Similar Properties
1 Bed Apartment in Tower A
Sold for
| Date | AED | Area (sqft) |
|---|---|---|
| 20 Mar 2024 | 1,450,000 | 923 |
| 4 Mar 2024 | 1,410,000 | 943 |
| 25 Jan 2024 | 1,650,000 | 940 |
| 11 Jan 2024 | 1,650,000 | 929 |
| 5 Jan 2024 | 1,400,000 | 1,055 |
Rented for
| Date | AED/year | Area (sqft) |
|---|---|---|
| 30 Apr 2024 | 110,000 | 929 |
| 16 Apr 2024 | 105,000 | 942 |
| 9 Apr 2024 | 105,000 | 1,056 |
| 8 Apr 2024 | 120,000 | 1,055 |
| 1 Mar 2024 | 90,000 | 965 |
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This property costs 55% more than the average price of 1 bedroom in Business Bay
Average Sale Price is 1,682,745 AED
This property is 19% bigger than the average size of 1 bedroom in Business Bay
Average size is 885 sqft
The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Business Bay
Get the right mortgage for you
Estimate your monthly mortgage payment
Monthly payment
10,909 AED
with interest rate of
3.89%
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Reference:
H4L-3605044
Listed:
11 days ago
Broker ORN:
1760
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Own this from just
10,909 AED/monthTariq Mahmood usually responds within 5 minutes
Own this property from just
10,909 AED /month
Fixed rates from: 3.89%
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