AED 1,232,400
Own this from just
5,069 AED/monthStudio
1 Bathroom
520 sqft / 48 sqm
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.
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
Great Investment | OP Price | Hotel Apartment
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
Maid Service
Covered Parking
Built in Wardrobes
Kitchen Appliances
Pets Allowed
Location
Price Insights
Transactions for Similar Properties
Studio Hotel & Hotel Apartment in Paramount Tower Hotel & Residences
Sold for
| Date | AED | Area (sqft) |
|---|---|---|
| 30 Jul 2025 | 1,291,000 | 518 |
| 20 Jun 2025 | 840,000 | 520 |
| 29 May 2025 | 836,000 | 520 |
| 2 May 2025 | 940,277 | 520 |
| 20 Feb 2024 | 1,400,000 | 520 |
Rented for
| Date | AED/year | Area (sqft) |
|---|---|---|
 There are no transactions to display | ||
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Response time
within 5 minutes
Experience
3 years
Closed Deals
15
Languages
English, German
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Monthly payment
5,069 AED
with interest rate of
3.75%
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Regulatory information
Regulatory information
Reference
01JS1H9SY6BFPQNPSZPHQGPMZ0
Listed
3 months ago
Broker License
12386
Agency name
TERRA NOVA REAL ESTATE BROKERS L.L.C
Zone name
Business Bay
DLD Permit Number:
7132465535
Agent License
63027
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Own this property from just
5,069 AED /month
Fixed rates from: 3.75%
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