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APARTMENT FOR SALE IN PARAMOUNT TOWER HOTEL & RESIDENCES, BUSINESS BAY
Business Bay
Paramount Tower Hotel & Residences
High Floor
2 bedroom
2 ½ bath
BUA-1187 sq ft
SZR view
Fully Furnished
Vacant on Transfer - Currently on Short Term rental @ AED 20k p.a.
AED 2,300,000 net to the owner++(Non-Negotiable)
Service charges-AED 25,552 p.a.
Can be rented @ AED 170k p.a.
ROI-7% net in hand on all in price
A premium hotel and residential tower, DAMAC Paramount Tower, is one of the selected residency offering high-end lifestyles in a comfortable living space. The hotel apartment is next to Sheikh Zayed Road, nestled at a spectacular address. The tower for residential purposes comprises Studio, 1 Bedroom, and 2 Bedroom apartments, with 5-star hospitality guaranteed. The floors, 15 to 25 floors are dedicated to hotel experiences, with rooms that get their cues from the Hollywood studio. Step into a large living area, where there is room for everything. With a proportionate layout, sufficient natural light, and a wide view balcony, you will be in aw
See all transactions in this location
Real Listing, Vacant on Transfer, High flr, 2br
Property Type:
Apartment
Property Size:
1,187 sqft / 110 sqm
Bedrooms:
2
Bathrooms:
3
Service Charges:
19.93 AED per sqft
Location
Paramount Tower Hotel & Residences
Dubai, Business Bay
Agent
Rushiraj Mehta
Legacy Real Estate Brokers
(63 Properties)
Amenities
Balcony
Built in Wardrobes
Kitchen Appliances
Pets Allowed
Lobby in Building
Children's Play Area
Description
Paramount Tower Hotel & Residences
High Floor
2 bedroom
2 ½ bath
BUA-1187 sq ft
SZR view
Fully Furnished
Vacant on Transfer - Currently on Short Term rental @ AED 20k p.a.
AED 2,300,000 net to the owner++(Non-Negotiable)
Service charges-AED 25,552 p.a.
Can be rented @ AED 170k p.a.
ROI-7% net in hand on all in price
A premium hotel and residential tower, DAMAC Paramount Tower, is one of the selected residency offering high-end lifestyles in a comfortable living space. The hotel apartment is next to Sheikh Zayed Road, nestled at a spectacular address. The tower for residential purposes comprises Studio, 1 Bedroom, and 2 Bedroom apartments, with 5-star hospitality guaranteed. The floors, 15 to 25 floors are dedicated to hotel experiences, with rooms that get their cues from the Hollywood studio. Step into a large living area, where there is room for everything. With a proportionate layout, sufficient natural light, and a wide view balcony, you will be in aw
Floor plan
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Transactions for Similar Properties
2 Beds Apartment in Paramount Tower Hotel & Residences
Sold for
| Date | AED | Area (sqft) |
|---|---|---|
| 25 Apr 2024 | 2,150,000 | 1,328 |
| 22 Mar 2024 | 3,000,000 | 1,121 |
| 14 Mar 2024 | 2,000,000 | 1,186 |
| 5 Mar 2024 | 2,100,000 | 1,356 |
| 5 Mar 2024 | 2,450,000 | 1,121 |
Rented for
| Date | AED/year | Area (sqft) |
|---|---|---|
| 20 Apr 2024 | 140,000 | 1,221 |
| 15 Apr 2024 | 141,750 | 1,356 |
| 13 Apr 2024 | 200,000 | 1,166 |
| 1 Apr 2024 | 190,000 | 1,121 |
| 15 Mar 2024 | 180,000 | 1,168 |
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This property costs 16% less than the average price of 2 bedroom in Business Bay
Average Sale Price is 2,974,252 AED
This property is 16% smaller than the average size of 2 bedroom in Business Bay
Average size is 1,412 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
Estimate your monthly mortgage payment
Monthly payment
10,436 AED
with interest rate of
3.89%
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Reference:
legacy-8301133
Listed:
15 days ago
Broker ORN:
1564
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Own this from just
10,436 AED/monthRushiraj Mehta usually responds within 5 minutes
Own this property from just
10,436 AED /month
Fixed rates from: 3.89%
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