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

Mid floor | Investment option | 8% ROI

Property Type:

Apartment

Property Size:

520 sqft / 48 sqm

Bedrooms:

studio

Bathrooms:

1

Service Charges:

19.93 AED per sqft


780,000 AED

Own this from just

3,256 AED/month

Daryna Monzul 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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Description

Wakhan Properties is delighted to offer this studio apartment which offers a good-sized fully equipped kitchen with plenty of storage allowing for functional easy living. Fully furnished flat ideal option for investors, especially for short term rent. Managed by developer that guarantees stable and regular income.

Unit Highlights:
• Studio
• Managed by company
• 520 sqft
• High floor
• Fully furnished
• 1 Parking space
• Gym and pool
• Restaurants, cafes and retail in walking distance
• Great community and facilities
• Bright open plan apartment
• Kitchen appliances included

DAMAC Towers by Paramount Highlights:
DAMAC Towers by Paramount Hotels and Resorts Dubai is a hotel and residential complex located in the heart of the stylish Burj area. This four-tower development comprising circa 1,200 luxury serviced suites in three towers, will offer sumptuous living with a Hollywood flavor. A fourth tower will house the world’s first Paramount Hotel and Paramount Residences.

Business Bay is a trendy mixed-use district in Dubai. Set alongside the gleaming waters of the Dubai Canal, it neighbours the city’s most happening centre, Downtown Dubai. The area has a high potential to become spot of the most expensive towers in Dubai because of Dorchester, Ritz and other branded residential complexes. It will boost the prices for the whole community.

For more details, info, and viewing schedule, please call us.

Wakhan Properties is known for their extensive market knowledge and for their unmatched devotion to their clients. Wakhan Properties success in establishing their own is based almost exclusively on motivations and inspirations came from highly satisfied clients and referrals. They earn respect of their clients by working tirelessly on their behalf and by always offering them candid advice.

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 26% less 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%
156,000 AED624,000 AED
1 year25 years

Estimate your monthly mortgage payment

Monthly payment

3,256 AED

with interest rate of

3.89%

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Reference:

WAKHAN-427

Listed:

16 days ago

Broker ORN:

28067


DLD Permit Number:

7132465147


780,000 AED

Own this from just

3,256 AED/month

Daryna Monzul usually responds within 5 minutes

Report this listing

Own this property from just

3,256 AED /month

Fixed rates from: 3.89%

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