AED 900,000

Own this from just

3,702 AED/month
Studio
1 Bathroom
475 sqft / 44 sqm
HOTEL & HOTEL APARTMENT FOR SALE IN DAMAC TOWERS BY PARAMOUNT, BUSINESS BAY

Luxury | Investor Deal | Mid floor | Below OP

Damac Towers by Paramount Hotels & Resorts is Hollywood-inspired four-tower development overlooking the Burj Area in Dubai.

District Real Estate presents this iconic themed Hotel Apartment in Damac Towers by Paramount (Tower C) also known as the Paramount Hotel & Resort.

A luxury iconic development by Damac Properties in the heart of the city. This hotel apartment is managed and operated by the branded Paramount Hotel & Resorts.

Take advantage of this opportunity to own a hotel suite in a branded hotel.

- Hotel Apartment
- Themed Hotel Suite
- Size 475 Sq. Ft
- Great Views
- Mid Floor
- Enjoy 14 days stay for free per year
- No Kitchen

-Hotel ROOM not a hotel apartment
-For investment only
-Managed by the hotel only
-You cannot live in the apartment
-You cannot rent the apartment yourself
-No service charges as it s automatically deducted from the income
-Rental income depends on the market performance
-Income is split as profit for you 60/40 for the hotel

* Great Investment Opportunity
* Very Luxurious 5* Hotel
* Fully Furnished & themed
* Floor to Ceiling Windows
* World Wild Recognized Paramount Hotel & Resorts Brand
* Very High Standard of Finishing
* Allocated Parking Space
* Restaurants, Shops, Boutiques, Cinema, Cigar Lounge on Podium Levels
* Located between Downtown & Business Bay
* Easy Access to Highways

Property details

Property Type

Hotel & Hotel Apartment

Property Size

475 sqft / 44 sqm

Bedrooms

studio

Bathrooms

1

Available from

14 May 2025


Amenities

Central A/C

Shared Pool

Shared Spa

Security

Concierge

Covered Parking

Built in Wardrobes

View of Landmark

Shared Gym

Lobby in Building


Location

Map preview
Business Bay
Community Insights
4/5238 building reviews

Luxury | Well connected | Mostly apartments

Price Range:

370K-750M AED

Price Insights

Transactions for Similar Properties

Studio Hotel & Hotel Apartment in DAMAC Towers by Paramount

Sold for

DateAEDArea (sqft)
11 Jun 2025500,000451
28 May 2025835,166492
19 May 2025801,000473
6 May 2025800,000484
26 Feb 2025800,000488

Rented for

DateAED/yearArea (sqft)

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Oleksandr Blizniukov

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Response time

within 15 minutes

Experience

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Closed Deals

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Languages

English, Russian, Ukrainian

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Monthly payment

3,702 AED

with interest rate of

3.75%

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Regulatory information
Regulatory information

Reference

DRE/S/

Listed

1 month ago

Broker License

21915

Zone name

Business Bay

DLD Permit Number:

7117447960

Agent License

38116

DLD Permit Number

Oleksandr Blizniukov

4.7

usually responds within 15 minutes

Own this property from just

3,702 AED /month

Fixed rates from: 3.75%

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