AED 160,000 /year

2 Bedrooms
3 Bathrooms
1,514 sqft / 141 sqm
APARTMENT FOR RENT IN TOWER B, DAMAC TOWERS BY PARAMOUNT

VACANT | HIGH- FLOOR | CANNAL, PALACE VIEW

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



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

1,514 sqft / 141 sqm

Bedrooms

2

Bathrooms

3

Available from

31 May 2025


Amenities

Central A/C

Balcony

Shared Pool

Security

Covered Parking

Built in Wardrobes

Walk-in Closet

Shared Gym

Lobby in Building


Location

Map preview
Tower B
Residential Insights

Price Range:

90K-230K AED/year
Business Bay
Community Insights
4/5238 building reviews

Well connected | Mostly apartments | Luxury

Price Range:

55K-4.5M AED/year

Price Insights

Transactions for Similar Properties

2 Beds Apartment in Tower B

Sold for

DateAEDArea (sqft)
19 May 20252,275,0001,515
14 May 20252,200,0001,515
28 Apr 20252,750,0001,515
24 Apr 20252,750,0001,394
9 Apr 20252,264,1511,394

Rented for

DateAED/yearArea (sqft)
1 Jun 2025160,0001,394
21 Mar 2025175,0001,394
21 Mar 2025160,0001,485
15 Mar 2025150,0001,407
20 Jan 2025155,0001,517
See all transactions in this location

Powered byDataGuru

This property costs 3% less than the average price of 2 bedroom in Business Bay

Average Rent is 164,547 AED

This property is 8% 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 (15)

Response time

within 5 minutes

Experience

10 years

Closed Deals

1

Languages

English, Arabic

See agent properties (12)

Regulatory information
Regulatory information

Reference

01JTG9ZPDWDBFN518YKPH0X34P

Listed

1 month 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