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APARTMENT FOR SALE IN PARAMOUNT TOWER HOTEL & RESIDENCES, BUSINESS BAY

Brand New | Great ROI | Luxury Amenities

Property Type:

Apartment

Property Size:

520 sqft / 48 sqm

Bedrooms:

studio

Bathrooms:

1

Service Charges:

19.93 AED per sqft


1,150,000 AED

Own this from just

4,800 AED/month

Lika Tsamalashvili usually responds within 5 minutes



Report this listing

Location

Map

Paramount Tower Hotel & Residences

Dubai, Business Bay

Agent

Lika Tsamalashvili

Exclusive Links Dubai Marina Branch

(134 Properties)
Residential Insights
Paramount Tower Hotel & Residences
3.9/53 building reviews
Community Insights
Business Bay
4/5237 building reviews

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Amenities

Balcony

Private Pool

Private Gym

Private Jacuzzi

Concierge

Covered Parking


Description

Exclusive Links are delighted to present this modern studio hotel room, in Paramount Tower Hotel & Residences in the vibrant Business Bay of Dubai. This apartment comprises 1 bathroom and is accompanied by a designated parking space. With a spacious area of 520.44 sq. ft., the apartment is currently unoccupied, comes fully furnished

Property Details:
- Fully Furnished
- Fully Serviced Hotel Room
- Balcony
- 520.11 Sqft
- Brand New
- 20% discount in all facilities including SPA
-Prime Location

------- Development Details -------
As a world-class development of superbly designed buildings set in landscaped gardens, Business Bay is the commercial, business and residential centre of choice for Dubai.

Created by master developers Dubai Properties Group, Business Bay occupies a convenient central position in Dubai and is served by excellent transport links.  In such a prime location, close to Burj Khalifa, Souk Al Bahar and the Dubai Mall and with a network of roads and waterways, residents can reach most of the area’s major destinations within a matter of minutes.

The area offers excellent road connections to all of Dubai’s key locations.  Business Bay has been assigned its own Red Line metro station and the stations of Financial Centre and Burj Khalifa are less than 3km away.

Positives:

Shorter commuting time due to Business Bay’s central location. Great views of the Burj Khalifa, the Arabian Gulf and inland waterways. Luxury apartment and office blocks equipped with leisure, fitness and shopping facilities.
The area is tipped as a major property hotspot.

A resident of Business Bay says of living here:
“Business Bay is 10 minutes to virtually all the places that one needs. All the buildings are big and new. The views of the Burj Khalifa are pretty great: there are not too many buildings blocking the views and there are plenty of wide-open spaces.”

Transactions for Similar Properties

NaN Beds Apartment in Paramount Tower Hotel & Residences

Sold for

DateAEDArea (sqft)
3 Apr 2024880,000520
20 Feb 20241,400,000520
20 Feb 20241,400,000520
21 Dec 20232,035,000627
21 Dec 2023800,000520

Rented for

DateAED/yearArea (sqft)
9 Nov 202355,000466
16 Oct 202370,000466
1 Jun 202375,000692
9 Nov 202255,000466
7 Oct 202255,000467
See all transactions in this location

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This property costs 9% more than the average price of studio bedroom in Business Bay

Average Sale Price is 1,055,358 AED

This property is 5% bigger 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%
230,000 AED920,000 AED
1 year25 years

Estimate your monthly mortgage payment

Monthly payment

4,800 AED

with interest rate of

3.89%

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Reference:

LKTBB-S-52907

Listed:

2 months ago

Broker ORN:

708


DLD Permit Number:

7132465055


1,150,000 AED

Own this from just

4,800 AED/month

Lika Tsamalashvili usually responds within 5 minutes

Report this listing

Own this property from just

4,800 AED /month

Fixed rates from: 3.89%

Get pre-approved

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