120,000yearly
1 Bedroom
2 Bathrooms
928 sqft / 86 sqm
APARTMENT FOR RENT IN TOWER B, DAMAC TOWERS BY PARAMOUNTProperty Reference: AGR-R-1733
Luxurious 1-Bedroom Apartment Suite in the Heart of Business Bay, Dubai
Experience Hollywood-inspired living in this exquisite 1-bedroom suite at the Paramount Hotel and Residences. Located in the vibrant heart of Business Bay, this residence seamlessly blends comfort and sophistication, offering top-tier hotel-style amenities and breathtaking views of the city skyline, Dubai Water Canal, and a stunning lagoon-style pool.
NOT FOR HOLIDAY HOME
MULTIPLE OPTION UNITS AVAILABLE FOR 2 AND 3 BEDROOM
Key Property Features:
Panoramic views of the Burj Khalifa and Downtown Dubai
Spacious and elegantly furnished 1-bedroom suite
2 modern washrooms
Fully equipped kitchen with premium German and Italian cutlery and utensils
High-end appliances including dishwasher, coffee machine, toaster, and griller
Expansive balcony with incredible skyline and canal views
Walk-in closet for added convenience
Building Amenities:
Temperature-controlled lagoon-style pool
Hollywood-inspired luxury living experience
Exclusive private dining cinema
Scenic views of the creek and Dubai Water Canal
Happy hours, live music, shisha, and poolside cabanas
24/7 valet parking service
Variety of on-site bars and restaurants
Coffee shop and grocery store within the building
On-site barber shop
24/7 reception and concierge service
Modern fitness center and full-service spa
Dedicated covered parking
Round-the-clock security
Prime Location:
5 minutes to Downtown Dubai
8–10 minutes to Burj Khalifa, Dubai Mall, and Dubai Fountain
15 minutes to Dubai International Airport
20 minutes to Jumeirah Beach
25 minutes to Palm Jumeirah
For more details, please contact us;
Allegiance Real Estate
Floor 28th Control Tower, Motor City
RERA ORN: 23405
Email: info@allegiance.ae
(Fahad)
Fully Furnished | Burj Khalifa View | Corner Unit
Luxurious 1-Bedroom Apartment Suite in the Heart of Business Bay, Dubai
Experience Hollywood-inspired living in this exquisite 1-bedroom suite at the Paramount Hotel and Residences. Located in the vibrant heart of Business Bay, this residence seamlessly blends comfort and sophistication, offering top-tier hotel-style amenities and breathtaking views of the city skyline, Dubai Water Canal, and a stunning lagoon-style pool.
NOT FOR HOLIDAY HOME
MULTIPLE OPTION UNITS AVAILABLE FOR 2 AND 3 BEDROOM
Key Property Features:
Panoramic views of the Burj Khalifa and Downtown Dubai
Spacious and elegantly furnished 1-bedroom suite
2 modern washrooms
Fully equipped kitchen with premium German and Italian cutlery and utensils
High-end appliances including dishwasher, coffee machine, toaster, and griller
Expansive balcony with incredible skyline and canal views
Walk-in closet for added convenience
Building Amenities:
Temperature-controlled lagoon-style pool
Hollywood-inspired luxury living experience
Exclusive private dining cinema
Scenic views of the creek and Dubai Water Canal
Happy hours, live music, shisha, and poolside cabanas
24/7 valet parking service
Variety of on-site bars and restaurants
Coffee shop and grocery store within the building
On-site barber shop
24/7 reception and concierge service
Modern fitness center and full-service spa
Dedicated covered parking
Round-the-clock security
Prime Location:
5 minutes to Downtown Dubai
8–10 minutes to Burj Khalifa, Dubai Mall, and Dubai Fountain
15 minutes to Dubai International Airport
20 minutes to Jumeirah Beach
25 minutes to Palm Jumeirah
For more details, please contact us;
Allegiance Real Estate
Floor 28th Control Tower, Motor City
RERA ORN: 23405
Email: info@allegiance.ae
(Fahad)
Property details
Property Type
Apartment
Property Size
928 sqft / 86 sqm
Bedrooms
1
Bathrooms
2
Available from
19 May 2026
Amenities
Furnished
Covered Parking
Location
Price Insights
Transactions for Similar Properties
1 Bed Apartment in Tower B
Sold for
| Date | AED | Area (sqft) |
|---|---|---|
| 21 May 2026 | 1,250,000 | 956 |
| 17 Mar 2026 | 1,250,000 | 1,055 |
| 5 Feb 2026 | 1,660,000 | 928 |
| 29 Jan 2026 | 1,470,000 | 1,055 |
| 21 Jan 2026 | 1,340,000 | 964 |
Rented for
| Date | AED/year | Area (sqft) |
|---|---|---|
| 1 Jun 2026 | 88,000 | 1,055 |
| 1 Jun 2026 | 85,000 | 928 |
| 13 May 2026 | 85,000 | 939 |
| 8 May 2026 | 120,000 | 928 |
| 2 Sep 2025 | 110,000 | 1,055 |
Powered byDataGuru
This property costs 2% more than the average price of 1 bedroom in Business Bay
Average Rent is 118,115 AED
This property is 2% bigger than the average size of 1 bedroom in Business Bay
Average size is 914 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
Response time
within 1 hour
Experience
9 years
Closed Deals
1
Languages
English, Arabic
Regulatory information
usually responds within 1 hour