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APARTMENT FOR SALE IN TOWER B, DAMAC TOWERS BY PARAMOUNT
AX CAPITAL Real Estate is excited to offer this fully furnished 1-bedroom apartment, an ideal investment opportunity, located in DAMAC Tower B by Paramount, Business Bay.
Currently occupied by tenants, this property is a lucrative choice for investors seeking immediate rental income in the bustling Business Bay area.
PROPERTY DETAILS:
- 1 Bedroom
- 2 Bathrooms
- 1,055.19 Sq ft
- Balcony
- Fully Furnished
- Basement parking
- Gym
- Swimming pool
- Children's play area
- Mosque
- Public parking
- Restaurants
- Shops
- Security
- Reference No. axc-3972263
Part of the renowned DAMAC Towers by Paramount Hotels & Resorts Dubai, this apartment is nestled within a prestigious hotel and residential complex. The complex includes four towers, housing approximately 1,200 luxury serviced suites over three towers, set in Dubai's dynamic Burj area.
The fourth tower is the exclusive Paramount Hotel and Paramount Residences. Rising over 270 meters, each tower is linked by a multi-level plaza, offering a range of world-class amenities and stunning views. The apartment interiors are crafted with a sophisticated, contemporary design, mirroring a distinctive 'Hollywood studio' feel. This particular apartment, currently rented, serves as an excellent investment, providing steady rental income and a foothold in one of Dubai's most vibrant locales.
AX CAPITAL was built upon a desire to create a real estate agency of the modern era where the customer is central to everything we do. With our values clearly defined, we are committed to continuously evolving as a real estate agency and it is this passion and dedication that marks the foundation of AX CAPITAL and makes us different.
Explore Our Services:
- AX MANAGEMENT
- AX DESIGN
- AX CORPORATE
See all transactions in this location
Investment Deal | Prime Location | Spacious
Property Type:
Apartment
Property Size:
1,055 sqft / 98 sqm
Bedrooms:
1
Bathrooms:
2
Location
Tower B
Dubai, Business Bay, DAMAC Towers by Paramount
Agent
Nikola Zindovic
AX CAPITAL Real Estate
(2116 Properties)
Amenities
Balcony
Covered Parking
Description
Currently occupied by tenants, this property is a lucrative choice for investors seeking immediate rental income in the bustling Business Bay area.
PROPERTY DETAILS:
- 1 Bedroom
- 2 Bathrooms
- 1,055.19 Sq ft
- Balcony
- Fully Furnished
- Basement parking
- Gym
- Swimming pool
- Children's play area
- Mosque
- Public parking
- Restaurants
- Shops
- Security
- Reference No. axc-3972263
Part of the renowned DAMAC Towers by Paramount Hotels & Resorts Dubai, this apartment is nestled within a prestigious hotel and residential complex. The complex includes four towers, housing approximately 1,200 luxury serviced suites over three towers, set in Dubai's dynamic Burj area.
The fourth tower is the exclusive Paramount Hotel and Paramount Residences. Rising over 270 meters, each tower is linked by a multi-level plaza, offering a range of world-class amenities and stunning views. The apartment interiors are crafted with a sophisticated, contemporary design, mirroring a distinctive 'Hollywood studio' feel. This particular apartment, currently rented, serves as an excellent investment, providing steady rental income and a foothold in one of Dubai's most vibrant locales.
AX CAPITAL was built upon a desire to create a real estate agency of the modern era where the customer is central to everything we do. With our values clearly defined, we are committed to continuously evolving as a real estate agency and it is this passion and dedication that marks the foundation of AX CAPITAL and makes us different.
Explore Our Services:
- AX MANAGEMENT
- AX DESIGN
- AX CORPORATE
Floor plan
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Transactions for Similar Properties
1 Bed Apartment in Tower B
Sold for
| Date | AED | Area (sqft) |
|---|---|---|
| 27 Mar 2024 | 1,625,000 | 939 |
| 27 Feb 2024 | 1,400,000 | 1,042 |
| 26 Feb 2024 | 1,625,000 | 918 |
| 15 Feb 2024 | 1,525,000 | 951 |
| 14 Feb 2024 | 2,276,200 | 1,055 |
Rented for
| Date | AED/year | Area (sqft) |
|---|---|---|
| 15 Apr 2024 | 115,000 | 1,055 |
| 15 Apr 2024 | 110,000 | 929 |
| 1 Apr 2024 | 115,000 | 947 |
| 1 Apr 2024 | 110,000 | 1,055 |
| 1 Apr 2024 | 120,000 | 939 |
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This property costs the same as the average price of 1 bedroom in Business Bay
Average Sale Price is 1,660,456 AED
This property is 19% bigger than the average size of 1 bedroom in Business Bay
Average size is 883 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
6,971 AED
with interest rate of
3.89%
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Reference:
axc-3972263
Listed:
3 months ago
Broker ORN:
21635
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Own this from just
6,971 AED/monthNikola Zindovic usually responds within 5 minutes
Own this property from just
6,971 AED /month
Fixed rates from: 3.89%
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