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APARTMENT FOR SALE IN TOWER C, DAMAC TOWERS BY PARAMOUNT

Fully Furnished Branded | High ROI | High-Floor

Property Type:

Apartment

Property Size:

473 sqft / 44 sqm

Bedrooms:

studio

Bathrooms:

1

Service Charges:

4.28 AED per sqft


599,888 AED

Own this from just

2,504 AED/month

Mustafa Elhadi Elfadli Mustafa usually responds within 5 minutes



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Location

Map

Tower C

Dubai, Business Bay, DAMAC Towers by Paramount

Residential Insights
Tower C
Price Range:600K - 2.9M AED
Community Insights
Business Bay
4/5237 building reviews
Luxury | Well connected | Mostly apartments
Price Range:170K - 750M AED

Amenities

Central A/C

Balcony

Shared Pool

Shared Spa

Security

Concierge

Maid Service

Covered Parking

Built in Wardrobes

Kitchen Appliances

View of Landmark

Lobby in Building

Children's Play Area


Description

Damac Towers by Paramount Hotels & Resorts is Hollywood-inspired four-tower development overlooking the Burj Area in Dubai.

fam Properties presents this iconic themed Hotel Apartment in Damac Towers by Paramount (Tower C) also known as the Paramount Hotel & Resort.

A luxury iconic development by Damac Properties in the heart of the city. This hotel apartment is managed and operated by the branded Paramount Hotel & Resorts.

Take advantage of this opportunity to own a hotel suite in a branded hotel.

Damac Towers by Paramount Tower C – Hotel Apartments

Investors may stay in the unit (holiday in it) 15 days out of the year.

A great investment opportunity with high ROI.

- High-Floor
- Spacious Studio Hotel Apartment
- Great Views
- Fully Furnished & Branded
- Very High Standard of Finishing
- Floor-to-Ceiling Windows
-Allocated Parking Space
- Ready! Luxurious Hotel in Full Operation
- World Wide Recognized Paramount Hotel & Resorts Brand

-Hotel ROOM not a hotel apartment
-For investment only
-Managed by the hotel only
-You cannot live in the apartment
-You cannot rent the apartment yourself
-No service charges as it’s automatically deducted from the income
-Rental income depends on the market performance
-Income is split as profit for you 60/40 for the hotel
-View and floor doesn’t matter because the income depends on the size of the unit only so the lower the price per sqft, the higher the ROI.
-The bigger the unit, the better.

-24/7 Front Desk
-24/7 Security
-Business Center
-CCTV Cameras
-Children's Playroom / Play area
-Children's pool
-Conference Facilities
-Daily Housekeeping
-Gym / Health Club
-High-speed elevators
-High-end Lobby
-Key Card Security Access
-On-site Maintenance
-Residents' lounge
-Sauna
-Spa
-Swimming Pool
fäm Properties
Contact Us - +971-48712982
Toll free: 800fam800 (800 326 800)
Email: cc@famproperties.com
Visit our website: famproperties.com

Transactions for Similar Properties

NaN Beds Apartment in Tower C

Sold for

DateAEDArea (sqft)
4 Jun 20241,173,000482
29 May 20241,206,000481
20 May 20241,049,870637
9 May 2024900,000488
1 May 20241,152,480483

Rented for

DateAED/yearArea (sqft)
4 Nov 202372,500481
4 Nov 202372,500481
See all transactions in this location

Powered byDataGuru


This property costs 44% less than the average price of studio bedroom in Business Bay

Average Sale Price is 1,065,621 AED

This property is 5% smaller than the average size of studio bedroom in Business Bay

Average size is 497 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

300,000 AED35,000,000 AED
20%
119,978 AED479,910 AED
1 year25 years

Estimate your monthly mortgage payment

Monthly payment

2,504 AED

with interest rate of

3.89%

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Regulatory information
Regulatory information

Reference

PF-Mar-Twenty-Two-AS-61240

Listed

24 days ago

Broker ORN

1858

DLD Permit Number:

7117447379

DLD Permit Number


599,888 AED

Own this from just

2,504 AED/month

Mustafa Elhadi Elfadli Mustafa usually responds within 5 minutes

Report this listing

Own this property from just

2,504 AED /month

Fixed rates from: 3.89%

Get pre-approved

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