1,225,000
Own this from just
5,038 AED/monthProperty details
- Bedrooms
- Studio
- Bathrooms
- 1 Bath
- Property type
- Hotel & Hotel Apartment
- Furnishing
- Furnished
- Area
- 520 ft²
- Price per area
- AED2,355/ft²
- Available from
- 9 Oct 2025
HOTEL & HOTEL APARTMENT FOR SALE IN PARAMOUNT TOWER HOTEL & RESIDENCES, BUSINESS BAYTerra Nova is glad to introduce this amazing Hotel Apartment in Paramount Tower in Business Bay.
!! The Apartment is rented and under the Hotel Management from Damac. ROI Payments are quarterly !!
PROPERTY DETAILS:
- Studio
- 1 Bathroom
- 1 Balcony
- Mid Floor
- Big Layout
- Furnished
FACILITIES:
- Modern Swimming Pool
- Modern Gymnasium
- Restaurants
- Kids Play Area
ABOUT THE DEVELOPER:
DAMAC Properties is a leading luxury real estate developer based in Dubai. Founded in 2002, it's known for high-end residential, commercial, and leisure properties across the UAE and internationally. DAMAC is behind iconic developments like DAMAC Hills, AKOYA Oxygen, and partnerships with global brands like Versace and Cavalli. The company focuses on delivering luxury living experiences and has played a major role in shaping Dubai’s upscale property market.
ABOUT BUSINESS BAY:
Business Bay is a vibrant mixed-use district in Dubai, located near Downtown and the Burj Khalifa. It features high-rise offices, luxury apartments, hotels, and retail spaces along the Dubai Canal. Known as a business hub, it attracts companies, startups, and professionals. With its modern lifestyle, great transport links, and iconic architecture, it's a popular spot for work and urban living.
ABOUT THE LOCATION:
Burj Khalifa: 10 Minutes
Dubai International Airport: 15 Minutes
Dubai Mall: 10 Minutes
Dubai Marina: 25 Minutes
Marina Mall: 25 Minutes Walk Distance
Sea View | OP Price | Hotel Apartment
!! The Apartment is rented and under the Hotel Management from Damac. ROI Payments are quarterly !!
PROPERTY DETAILS:
- Studio
- 1 Bathroom
- 1 Balcony
- Mid Floor
- Big Layout
- Furnished
FACILITIES:
- Modern Swimming Pool
- Modern Gymnasium
- Restaurants
- Kids Play Area
ABOUT THE DEVELOPER:
DAMAC Properties is a leading luxury real estate developer based in Dubai. Founded in 2002, it's known for high-end residential, commercial, and leisure properties across the UAE and internationally. DAMAC is behind iconic developments like DAMAC Hills, AKOYA Oxygen, and partnerships with global brands like Versace and Cavalli. The company focuses on delivering luxury living experiences and has played a major role in shaping Dubai’s upscale property market.
ABOUT BUSINESS BAY:
Business Bay is a vibrant mixed-use district in Dubai, located near Downtown and the Burj Khalifa. It features high-rise offices, luxury apartments, hotels, and retail spaces along the Dubai Canal. Known as a business hub, it attracts companies, startups, and professionals. With its modern lifestyle, great transport links, and iconic architecture, it's a popular spot for work and urban living.
ABOUT THE LOCATION:
Burj Khalifa: 10 Minutes
Dubai International Airport: 15 Minutes
Dubai Mall: 10 Minutes
Dubai Marina: 25 Minutes
Marina Mall: 25 Minutes Walk Distance
Amenities
Furnished
Balcony
Barbecue Area
Built in Wardrobes
Central A/C
Covered Parking
Pets Allowed
Shared Pool
View of Water
Security
Floor plan
Location
About Paramount Tower Hotel & Residences
Learn moreParamount Tower Hotel & Residences in Business Bay offers Studio To 3 Bedrooms properties averaging 520 - 1,645 sqft. It currently has 74 active sale listings.
- Properties Listed74
- Price range795K - 4.2M
3.95 Reviews
Score Breakdown
- Anonymous
We had a lovely time at the pool and during our stay here
- Ed
While the building itself boasts beauty, the lackluster management significantly diminishes its livability. Basic necessities seem beyond their grasp, leading to a frustrating living experience. Additionally, excessive Airbnb usage causes numerous problems, resulting in the imposition of restrictive rules on residents.
- Anonymous
In the modern business bay district ,near to the metro and the dubai mall ,provide with flat screen ,wifi,mini fridge, nespresso machines, 2 restaurants, 2 bars,also a SPA ,outdoor pool and a gym
- Adam S.
The pool area looks amazing but the pool is quite dirty. The vents are full of hair and there’s a layer of black in the ridges of the pool. The AC bills are high. ISTA is the provider and the rates are 3 times the rates elsewhere. There are leaks that cannot be explained, in maintenance own words ‘we are responding to leaks everyday’.
- Richard V.
Beautiful towers in quite uncrowded area, well maintained top quality service.
Price Insights
Transactions for Similar Properties
Studio Hotel & Hotel Apartment in Paramount Tower Hotel & Residences
Sold for
| Date | AED | Area (sqft) |
|---|---|---|
| 19 Feb 2026 | 821,443 | 520 |
| 26 Dec 2025 | 630,000 | 520 |
| 19 Nov 2025 | 804,775 | 520 |
| 2 May 2025 | 940,277 | 520 |
| 15 Jul 2024 | 875,400 | 520 |
Rented for
| Date | AED/year | Area (sqft) |
|---|---|---|
| 6 Mar 2026 | 75,000 | 466 |
| 12 Mar 2025 | 65,000 | 467 |
| 31 Oct 2024 | 90,000 | 466 |
| 23 Jul 2024 | 190,000 | 522 |
| 18 Oct 2023 | 70,000 | 466 |
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