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
Location
Tower C
Dubai, Business Bay, DAMAC Towers by Paramount
Agent
Mustafa Elhadi Elfadli Mustafa
fam Properties - Branch 5
(250 Properties)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
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
Date | AED | Area (sqft) |
---|---|---|
4 Jun 2024 | 1,173,000 | 482 |
29 May 2024 | 1,206,000 | 481 |
20 May 2024 | 1,049,870 | 637 |
9 May 2024 | 900,000 | 488 |
1 May 2024 | 1,152,480 | 483 |
Rented for
Date | AED/year | Area (sqft) |
---|---|---|
4 Nov 2023 | 72,500 | 481 |
4 Nov 2023 | 72,500 | 481 |
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
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Monthly payment
2,504 AED
with interest rate of
3.89%
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2,504 AED/monthOwn this property from just
2,504 AED /month
Fixed rates from: 3.89%
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