APARTMENT FOR RENT IN PARAMOUNT TOWER HOTEL & RESIDENCES, BUSINESS BAY

Hot 3 bed room paramount Hotel&Residences for rent /high floor /sea views

Property Type:

Apartment

Property Size:

1,643 sqft / 153 sqm

Bedrooms:

3

Bathrooms:

3

Available from:

23 May 2023


290,000 AED/year



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Location

Map

Paramount Tower Hotel & Residences

Dubai, Business Bay

Agent

Huaguan Fan

Fast Way Real Estate Broker

(113 Properties)
Residential Insights
Paramount Tower Hotel & Residences
3.9/53 building reviews
Price Range:110K - 290K AED/year
Community Insights
Business Bay
4/5237 building reviews
Well connected | Mostly apartments | Luxury
Price Range:5.5K - 14M AED/year

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Description

DAMAC Towers by Paramount Hotels& Resorts is an iconic hotel and residential complex located in the heart of Dubai’s prestigious Burj area.
This four-tower development, comprising 1,400 luxury serviced hotel apartments and the world’s first Paramount Hotel & Residences, will present sumptuous living with a Hollywood flavor. The multi-level plaza, which links the four 250-metretowers, will offer an eclectic selection of specialty dining, Dine-in Cinema, wellness centers, swimming pools, a Kids Studio Club and The Vault - Paramount Hotels & Resorts merchandise store.

PROPERTY FEATURE :

- Vacant
- High Floor
- Sea view
- Upgraded Interior
- High Quality Furniture
- 3 Washrooms
- 2 Balconies
- Size - 1643 sqfts
Lease: short-term rental monthly rent of 31,000 dirhams (including appliances, water, electricity and network fees)
annual rent of 290,000 dirhams
AMENITIES:
* Very Luxurious 5 Star Hotel
* Fully Furnished
* Floor to Ceiling Windows
* World Wild Recognized Paramount Hotel &Resorts Brand
* Very High Standard of Finishing
* High Floor
* Allocated Parking Space
* Restaurants, Shops, Boutiques, Cinema, Cigar Lounge on Podium Levels
* Located between Downtown & Business Bay
* Easy Access to Highways

Fast Way Real Estate Broker was founded in 2017 and is headquartered in Shops Bldg 1 Sobha Hartland,Dubai. Currently, it has set up many branches in Dubai Chengdu and Shenzhen. Fast Way is committed to providing a full range of Dubai real estate solutions to its clients.

Floor plan

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Transactions for Similar Properties

3 Beds Apartment in Paramount Tower Hotel & Residences

Sold for

DateAEDArea (sqft)
19 Mar 20242,770,0001,644
18 Mar 20243,835,2001,586
15 Mar 20242,920,0001,645
8 Feb 20242,650,0001,900
5 Feb 20242,750,0001,586

Rented for

DateAED/yearArea (sqft)
22 Apr 2024230,0001,645
17 Apr 2024210,0001,644
12 Mar 2024200,0001,644
20 Feb 2024200,0001,645
12 Feb 2024210,0001,586
See all transactions in this location

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This property costs 49% more than the average price of 3 bedroom in Business Bay

Average Rent is 194,161 AED

This property is 18% smaller than the average size of 3 bedroom in Business Bay

Average size is 2,000 sqft

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


Reference:

fastway-4932224

Listed:

more than 6 months ago

Broker ORN:

19025


DLD Permit Number:

7123705856


290,000 AED/year

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