AED 110,000 /year

1 Bedroom
2 Bathrooms
939 sqft / 87 sqm
APARTMENT FOR RENT IN TOWER D, DAMAC TOWERS BY PARAMOUNT

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Damac Towers by Paramount Hotels & Resorts is Hollywood-inspired four-tower development overlooking the Burj Area in Dubai.

The buildings provide luxury serviced residences with stunning views and an array of amenities including fully fitted kitchens, high-end concierge services, in-room facilities, a luxurious spa, kids club and in-room facilities. The four buildings are all connected to a multi-level plaza that offers food and beverage services, recreational rooms for parties and events, a wellness and fitness centre, expansive swimming pools and retail shops

Sophisticated and glamorous, this high-end residential complex will provide its residents quality Dubai living by providing them with state-of-the-art amenities like high-end shopping and California-style hotel living.

You can live in the residential unit or rent them out while you are away. The prime property will earn impressive rental earnings. Own luxury hotel apartments with breathtaking views from AED 2.15 million and get 24% guaranteed rental returns over 3 years

Project Features



Eight restaurants, bars and lounges


Meetings and events facilities


Wellness & fitness centre


Screening rooms


Work and play suites


Retail outlets including Paramount Hotels & Resorts boutique


Swimming pools

Kids club


Damac Towers by Paramount is a mega project consisting of four buildings, one of which will house the Paramount branded hotel while the other three buildings will have the Damac Maison Paramount serviced residences. According to developer press-releases, there are more than 1,000 serviced one, two and three bedroom apartments and the hotel will have 800 rooms.

Property details

Property Type

Apartment

Property Size

939 sqft / 87 sqm

Bedrooms

1

Bathrooms

2

Available from

26 Nov 2024


Amenities

Central A/C

Balcony

Shared Pool

Security

Concierge

Covered Parking

Built in Wardrobes

Walk-in Closet

Kitchen Appliances

View of Landmark


Location

Map preview
Tower D
Residential Insights

Price Range:

90K-230K AED/year
Business Bay
Community Insights
4/5476 building reviews

Luxury | Well connected | Mostly apartments

Price Range:

55K-4.5M AED/year

Price Insights

Transactions for Similar Properties

1 Bed Apartment in Tower D

Sold for

DateAEDArea (sqft)
18 Apr 20251,500,000929
13 Mar 20251,490,000939
25 Feb 20251,450,000929
20 Feb 20251,500,0001,055
28 Jan 20251,450,000939

Rented for

DateAED/yearArea (sqft)
29 May 202590,000939
9 May 2025115,000942
21 Apr 2025105,000929
8 Apr 2025125,0001,056
4 Apr 2025115,0001,055
See all transactions in this location

Powered byDataGuru

This property costs 4% less than the average price of 1 bedroom in Business Bay

Average Rent is 114,803 AED

This property is the same size as the average size of 1 bedroom in Business Bay

Average size is 942 sqft

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

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Experience

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Closed Deals

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Regulatory information
Regulatory information

Reference

PF-AR-122251

Listed

5 days ago

Broker License

1858

Zone name

Business Bay

DLD Permit Number:

7117450005

Agent License

53017

DLD Permit Number

Umida Shodieva

4.2

Usually responds within 5 minutes