AED 185,000 /year

2 Bedrooms
3 Bathrooms
151,481 sqft / 14,073 sqm
APARTMENT FOR RENT IN DAMAC TOWERS BY PARAMOUNT, BUSINESS BAY

FULLY FURNISHED | HIGH- FLOOR | MULTIPLE UNITS

Elegant 2-Bedroom Apartment for Rent in Paramount Tower Hotel & Residences, Business Bay

Lucaria Properties LLC is pleased to present this exceptional 2-bedroom apartment available for rent in the iconic Paramount Tower Hotel & Residences, ideally located in the vibrant heart of Business Bay, Dubai. This fully furnished, high-floor unit offers a blend of comfort, style, and luxury—perfect for professionals, couples, or small families seeking an upscale urban lifestyle.

Property Highlights:
Available for immediate occupancy

2 spacious bedrooms

2 modern bathrooms

High-floor unit offering panoramic city views

Fully furnished with high-end fittings and chic décor

Built-in wardrobes for ample storage

Open-plan living and dining area

Fully equipped contemporary kitchen

Chiller free

Designated covered parking space

This beautifully appointed apartment is thoughtfully designed with a Hollywood-inspired aesthetic, reflecting the signature style of the Paramount brand. From sleek furnishings to luxurious finishes, every detail is crafted to offer residents a sophisticated living experience.

About the Development:
DAMAC Towers by Paramount Hotels & Resorts is a unique four-tower complex that combines the elegance of California living with the glamour of Hollywood. Located just minutes from Downtown Dubai, the towers are positioned to provide convenient access to key landmarks such as the Burj Khalifa, Dubai Mall, and Dubai Canal.

Three of the towers are dedicated to luxury residential apartments, while the fourth is home to a five-star hotel operated by Paramount Hotels & Resorts. The development offers world-class hospitality and a cinematic lifestyle experience unlike any other in Dubai.

Residents Enjoy Access to:
A spectacular podium-level swimming pool with panoramic Burj area views

Expansive sun deck and leisure areas

State-of-the-art fitness center

Spa and wellness facilities

24-hour concierge and security services

On-site restaurants, cafés, and reta

Property details

Property Type

Apartment

Property Size

151,481 sqft / 14,073 sqm

Bedrooms

2

Bathrooms

3

Available from

7 May 2025


Amenities

Central A/C

Shared Pool

Covered Parking

Built in Wardrobes

Shared Gym

Lobby in Building


Location

Map preview
Business Bay
Community Insights
4/5714 building reviews

Luxury | Well connected | Mostly apartments

Price Range:

50K-4.5M AED/year

Price Insights

Transactions for Similar Properties

2 Beds Apartment in DAMAC Towers by Paramount

Sold for

DateAEDArea (sqft)
29 Apr 20252,080,0001,388
28 Apr 20252,750,0001,515
24 Apr 20252,750,0001,394
18 Apr 20251,700,0001,517
9 Apr 20252,264,1511,394

Rented for

DateAED/yearArea (sqft)
8 May 2025165,0001,517
24 Apr 2025150,0001,394
16 Apr 2025145,0001,484
14 Apr 2025160,0001,441
7 Feb 2025140,0001,515
See all transactions in this location

Powered byDataGuru

This property costs 12% more than the average price of 2 bedroom in Business Bay

Average Rent is 164,547 AED

This property is 10743% bigger than the average size of 2 bedroom in Business Bay

Average size is 1,397 sqft

The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Business Bay

Provided by

Ahmad Nabizadeh

5.0

LUCARIA PROPERTIES L.L.C

See all properties (17)

Response time

within 5 minutes

Experience

10 years

Closed Deals

1

Languages

English, Arabic

See agent properties (14)

Regulatory information
Regulatory information

Reference

01JTG9ZPDWDBFN518YKPH0X34P

Listed

1 day ago

Broker License

44569

Zone name

Business Bay

DLD Permit Number:

6529562398

Agent License

74226

DLD Permit Number

Ahmad Nabizadeh

5.0

Usually responds within 5 minutes