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1,750,000

Own this from just

7,198 AED/month

Property details

Bedrooms
1 Bed
Bathrooms
1 Bath
Property type
Apartment
Available from
22 Jul 2026
Furnishing
Furnished
Price per area
AED1,883/ft²
Area
929 ft²

APARTMENT FOR SALE IN TOWER D, DAMAC TOWERS BY PARAMOUNT

Tenanted 1BR | 5.7% Yield | Paramount Branded

Presenting a rented 1-bedroom apartment in the iconic DAMAC Towers by Paramount Hotels & Resorts — one of Business Bay's most recognisable branded residences, offering an excellent income-generating opportunity for investors.

Unit Highlights:

• 1 Bedroom,
• 1 Bathroom
• Total Area: 928.93 sq ft (Suite: 760 sq ft + Balcony: 169 sq ft)
• High floor — Floor 12
• Tenanted until October — current rent AED 100,000/year
• 1 dedicated covered parking space
• Freehold ownership

Investment Snapshot:

• Purchase Price: AED 1,750,000
• Current Rental Income: AED 100,000/year
• Gross Yield: ~5.7%
• Immediate rental income from day one of ownership

Building & Location:

DAMAC Towers by Paramount is a Hollywood-inspired, hotel-branded residential and hospitality complex in Business Bay, offering residents access to five-star amenities including a temperature-controlled pool, fully equipped gymnasium, spa facilities, and a selection of on-site restaurants and cafés.

Perfectly positioned just minutes from Downtown Dubai, Burj Khalifa, The Dubai Mall, and the Dubai Water Canal, with easy access to Sheikh Zayed Road, Al Khail Road, and Business Bay Metro Station.

Why This Unit:

• Tenanted with steady in-place income
• Branded hotel residence with strong rental & resale appeal
• Competitively priced for the building and size
• High-floor unit in a landmark Business Bay address

Call now for more details.

Amenities

Furnished

Balcony

Built in Wardrobes

Central A/C

Kitchen Appliances

Security

Shared Gym


Location

Map preview
Tower D

About Tower D

Learn more

Tower D in Business Bay offers 1 Bedroom To 3 Bedrooms properties averaging 928 - 2,247 sqft. It currently has 79 active sale listings.

  • Properties Listed79
  • Price range1.2M - 3.7M

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Price Insights

This property costs 8% less than the average price of 1 bedroom in Business Bay

Average Sale Price is 1,901,512 AED

This property is 5% bigger than the average size of 1 bedroom in Business Bay

Average size is 886 sqft

The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Business Bay

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Response time

within 5 minutes

Experience

6 years

Languages

English, Hindi, Urdu

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Monthly payment

7,198 AED

with interest rate of

3.75%

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Regulatory information
Regulatory information

Reference

ASC-02276

Listed

1 hour ago

Broker License

13194

Agency name

ASICO REAL ESTATE L.L.C (BRANCH)

Zone name

Business Bay

Agent License

67245

DLD Permit Number

permit number

Payment method

Cash or  Installments
Agent Umair Tahir

Umair Tahir

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Own this property from just

7,198 AED /month

Fixed rates from: 3.75%

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