AED 925,000

Own this from just

3,805 AED/month
Studio
1 Bathroom
520 sqft / 48 sqm
HOTEL & HOTEL APARTMENT FOR SALE IN PARAMOUNT TOWER HOTEL & RESIDENCES, BUSINESS BAY

Great Investment | OP Price | Hotel Apartment

Terra Nova is glad to introduce this amazing Hotel Apartment in Paramount Tower in Business Bay.

PROPERTY DETAILS:
- Studio
- 1 Bathroom
- 1 Balcony
- Mid Floor
- Big Layout
- Furnished

!! The Apartment is rented and under the Hotel Management from Damac. ROI Payments are quarterly !!

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

Property details

Property Type

Hotel & Hotel Apartment

Property Size

520 sqft / 48 sqm

Bedrooms

studio

Bathrooms

1

Service Charges

19.93 AED per sqft

Available from

17 Apr 2025


Amenities

Central A/C

Balcony

Shared Pool

Shared Spa

Security

Concierge

Covered Parking

Built in Wardrobes

Kitchen Appliances

Pets Allowed


Location

Map preview
Paramount Tower Hotel & Residences
Residential Insights

Price Range:

720K-4.4M AED
Business Bay
Community Insights
4/5238 building reviews

Luxury | Well connected | Mostly apartments

Price Range:

105K-750M AED

Price Insights

Transactions for Similar Properties

Studio Hotel & Hotel Apartment in Paramount Tower Hotel & Residences

Sold for

DateAEDArea (sqft)
20 Jun 2025840,000520
29 May 2025836,000520
2 May 2025940,277520
12 Aug 20241,095,000477
15 Jul 2024875,400520

Rented for

DateAED/yearArea (sqft)

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SuperAgent

Kevin Engisch

4.7

Response time

within 5 minutes

Experience

3 years

Closed Deals

14

Languages

English, German

See agent properties (10)

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Monthly payment

3,805 AED

with interest rate of

3.75%

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Regulatory information
Regulatory information

Reference

01JS1DXJKTY8T45KX8D0RDC1KS

Listed

2 months ago

Broker License

12386

Agent License

63027

Kevin Engisch

4.7

usually responds within 5 minutes

Own this property from just

3,805 AED /month

Fixed rates from: 3.75%

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