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

Hotel Unit | Furnished | Investment

Property Type:

Apartment

Property Size:

517 sqft / 48 sqm

Bedrooms:

studio

Bathrooms:

1

Service Charges:

19.93 AED per sqft


990,000 AED

Own this from just

4,133 AED/month

Alexandra Cocu usually responds within 5 minutes



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Location

Map

Paramount Tower Hotel & Residences

Dubai, Business Bay

Agent

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

Shared Pool

Security

Concierge

Covered Parking

Built in Wardrobes

Kitchen Appliances

View of Landmark

Shared Gym


Description

- Studio
- 517.64sq.ft
- 1 bathrooms
- Mid floor
- Furnished
- Built-in wardrobes
- Children play area and nursery
- Dining in building
- Concierge service

Dacha Real Estate are excited to present this exquisite studio for sale in Paramount Hotel Midtown. Positioned at the nexus of urban sophistication, this studio presents this enticing opportunity to partake in the esteemed Paramount brand while reaping the rewards of an astute investment.

Enter into a meticulously appointed space where every element harmonizes to create a retreat of refined comfort. The studio’s open layout beckons with ambience of contemporary elegance, accentuated by expansive windows that infuse the interior with natural light, amplifying its allure.

This hotel-managed unit ensures seamless ownership, allowing you to enjoy the hassle-free returns without the need for hands-on involvement. The lavishly appointed bathroom offers a sanctuary for relaxation, adorned with premium finishes that ensure indulgent comfort.

As a part of the Paramount Hotel Midtown, investors gain access to an unparalleled suite of amenities tailored to elevate the guest’s experience. From cutting edge fitness center to a rooftop sanctuary offering panoramic views of the cityscape, every amenity is meticulously crafted to enhance the allure of the property.

Strategically situated in the heart of Business Bay, this investment opportunity places you amidst a thriving cultural and commercial hub. Immerse yourself in the vibrant tapestry of dining, shopping, and entertainment options that characterize the dynamic neighborhood.

For further information please contact our head office on +971 (4) 4232006, alternatively visit [link not available] where you will find an extensive selection of properties available for sale and for rent.

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 6% less than the average price of studio bedroom in Business Bay

Average Sale Price is 1,055,358 AED

This property is 4% 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%
198,000 AED792,000 AED
1 year25 years

Estimate your monthly mortgage payment

Monthly payment

4,133 AED

with interest rate of

3.89%

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Reference:

DCH241400

Listed:

29 days ago

Broker ORN:

393


DLD Permit Number:

7132464887


990,000 AED

Own this from just

4,133 AED/month

Alexandra Cocu usually responds within 5 minutes

Report this listing

Own this property from just

4,133 AED /month

Fixed rates from: 3.89%

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