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

Burj Khalifa View | OP Price | Hotel Apartment

Terra 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

Property details

Property Type

Hotel & Hotel Apartment

Property Size

520 sqft / 48 sqm

Bedrooms

studio

Bathrooms

1

Service Charges

20.14 AED per sqft

Available from

9 Oct 2025


Amenities

Central A/C

Balcony

Shared Pool

Shared Spa

Security

Concierge

Covered Parking

Built in Wardrobes

View of Landmark

Pets Allowed


Location

Map preview
Tower illustration Placeholder
Paramount Tower Hotel & Residences
Residential Insights

Price Range:

799K-4.4M AED
Business Bay Community
Business Bay
Community Insights
4/5239 building reviews

Well connected | Luxury | Apartments and villas

Price Range:

210K-750M AED

Price Insights

Transactions for Similar Properties

Studio Hotel & Hotel Apartment in Paramount Tower Hotel & Residences

Sold for

DateAEDArea (sqft)
15 Aug 20251,029,000520
30 Jul 20251,291,000518
18 Jul 20251,295,000520
20 Jun 2025840,000520
29 May 2025836,000520

Rented for

DateAED/yearArea (sqft)

There are no transactions to display

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Provided by

Agent Kevin Engisch
SuperAgent

Kevin Engisch

4.8

Response time

within 5 minutes

Experience

3 years

Closed Deals

14

Languages

English, German

See agent properties (7)

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Monthly payment

3,805 AED

with interest rate of

3.75%

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Regulatory information
Regulatory information

Reference

01K74027QYJGJJ2QVNP8YGBG3P

Listed

2 days ago

Broker License

12386

Agency name

TERRA NOVA REAL ESTATE BROKERS L.L.C

Zone name

Business Bay

DLD Permit Number:

7132465719

Agent License

63027

DLD Permit Number

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    Agent Kevin Engisch

    Kevin Engisch

    4.8

    usually responds within 5 minutes

    Own this property from just

    3,805 AED /month

    Fixed rates from: 3.75%

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