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

High ROI | Studio | 5* Branded Hotel

Property Type:

Apartment

Property Size:

520 sqft / 48 sqm

Bedrooms:

studio

Bathrooms:

1

Service Charges:

19.93 AED per sqft


850,000 AED

Own this from just

3,548 AED/month

Peter Townsend usually responds within 5 minutes



Report this listing

Location

Map

Paramount Tower Hotel & Residences

Dubai, Business Bay

Agent

Peter Townsend

Townsend Real Estate

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

Not sure where to live?

Explore areas & prices in UAE with DataGuru

Start exploring

Amenities

Central A/C

Shared Pool

Security

View of Landmark


Description

- High ROI
- Central Location
- 520 BUA Sq Ft
- 5* Branded Hotel
- Gym
- Swimming Pool
- Restaurants on Site
- Agent: Peter Townsend on +971561563232 RERA BRN No. 38515


DAMAC Towers by Paramount Hotels A luxury hotel and residential tower next to Sheikh Zayed Road, floors 15 to 25 host a selection of high-end hotel rooms inspired by the Hollywood studio. A hotel room here represents a shrewd, completely managed investment into Dubai’s hospitality industry.

Meanwhile, floors 26 to 63 offer luxury residences combining the comforts of home with Paramount-standard amenities and services (should you wish). Generous in space, the residential apartments are the height of fashionable, yet comfortable living, in a spectacular location.

Rich amenities complete the star-studded experience, topped off by the rooftop infinity pool with its magnificent panoramic views.

For further details or to arrange a private viewing appointment please contact Townsend Real Estate.

Please note all measurements and information are given to the best of our knowledge. Townsend Real Estate accepts no liability for any incorrect details.

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 2023800,000520
21 Dec 20232,035,000627

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

Powered byDataGuru


This property costs 19% less than the average price of studio bedroom in Business Bay

Average Sale Price is 1,055,612 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%
170,000 AED680,000 AED
1 year25 years

Estimate your monthly mortgage payment

Monthly payment

3,548 AED

with interest rate of

3.89%

Get a mortgage quote

Powered by


Reference:

townsend-real-estate-brokerage-l-l-c-8401756

Listed:

11 days ago

Broker ORN:

40866


DLD Permit Number:

7132465015


850,000 AED

Own this from just

3,548 AED/month

Peter Townsend usually responds within 5 minutes

Report this listing

Own this property from just

3,548 AED /month

Fixed rates from: 3.89%

Get pre-approved

In partnership with