Verified

2,700,000 AED

Own this from just

11,270 AED/month
2 Bedrooms
2 Bathrooms
921 sqft / 86 sqm
APARTMENT FOR SALE IN PARAMOUNT TOWER HOTEL & RESIDENCES, BUSINESS BAY

Stunning 2 BR | Unfurnished | Vacant

Property Type:

Apartment


Alexander Ayuk usually responds within 5 minutes



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Location

Map

Paramount Tower Hotel & Residences

Dubai, Business Bay

Agent

Alexander Ayuk

Novel Homes Properties

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

Description

Novel Homes Properties proudly offers you this 2 Bedroom Apartment for sale in Damac tower Hotel & Residences, Business Bay, Dubai, UAE.


* 2 bedroom
* Vacant and ready to occupy
* 2 bathrooms
* 1 parking space
* Area: 921.5 Sq.ft
* Selling Price: 2,700,000/-
* Wel maintained

Shared Pool and Gym
5 minutes drive to Dubai Mall
5 minutes drive to the Burj Khalifa
3 minutes drive to Dubai Water Canal

Damac Towers by Paramount is a megaproject consisting of four buildings, one of which will house the Paramount branded hotel while the other three buildings will have the Damac Maison Paramount serviced residences. According to developer press-releases, there are more than 1,000 serviced one, two and three-bedroom apartments and the hotel will have 800 rooms.

Bringing a Hollywood-inspired lifestyle to Dubai, an iconic development in the heart of the city, DAMAC Towers by Paramount Hotels & Resorts offers everything that discerning residents look for in a premium and fashionable living space – from easy access to high-end shopping and dining experiences, to all the luxuries that come as part of the Paramount brand.

Floor plan

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Transactions for Similar Properties

2 Beds Apartment in Paramount Tower Hotel & Residences

Sold for

DateAEDArea (sqft)
9 May 20242,300,0001,322
25 Apr 20242,150,0001,328
22 Mar 20243,000,0001,121
14 Mar 20242,000,0001,186
5 Mar 20242,100,0001,356

Rented for

DateAED/yearArea (sqft)
18 May 202460,0001,322
16 May 2024185,0001,288
9 May 2024165,0001,121
8 May 2024180,0001,121
1 May 2024160,0001,290
See all transactions in this location

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This property costs 9% less than the average price of 2 bedroom in Business Bay

Average Sale Price is 2,974,560 AED

This property is 35% 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

300,000 AED35,000,000 AED
20%
540,000 AED2,160,000 AED
1 year25 years

Estimate your monthly mortgage payment

Monthly payment

11,270 AED

with interest rate of

3.89%

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Reference:

novelhomes-8592850

Listed:

12 days ago

Broker ORN:

15717


DLD Permit Number:

7123704974


Alexander Ayuk usually responds within 5 minutes

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Own this property from just

11,270 AED /month

Fixed rates from: 3.89%

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