Fully Managed | Luxury Hotel | High ROI Investment

Type

Hotel Apartment

Purpose

Sale

Property Age

7 Years

Furnishing

Unfurnished

Average Rent

AED 82,943 Yearly

Updated

18th May 2026

Completion Status

Ready

Experience iconic Hollywood-inspired living at Business Bay, in the renowned DAMAC Towers by Paramount Hotels & Resorts. This luxurious branded residence offers hotel-style serviced living with contemporary interiors, premium finishes, and a vibrant lifestyle in one of Dubai’s most central and high-demand districts, just minutes from Downtown Dubai and the Burj Khalifa.

Property Specs:
Studio Apartment
1 Washroom
BUA: 484 sq. ft.
1 Allocated parking.

Features:
furnished in signature Hollywood glamour style
Premium finishing & contemporary interiors
Professionally managed by DAMAC Hotels & Resorts
Fully managed by DAMAC – completely hassle-free ownership
Attractive ROI with strong occupancy rates
Ideal for a short-term rental income model
Owner is entitled to personal usage (as per hotel program terms)
High demand location for business & leisure travelers

Amenities:
Swimming pools (including rooftop leisure pool with skyline views)
Fully equipped modern gymnasium
Luxury spa, sauna & steam rooms
Private cinema / screening room
Multiple restaurants, cafés & lounges within the complex
24/7 concierge and hotel-style reception services
Kids’ play area and family zones
Retail outlets including supermarket and convenience stores
Business lounges and meeting facilities
High-level security with CCTV monitoring

Location:
2 to 5 minutes walk to Dubai Water Canal Promenade
3 to 5 minutes walk to Business Bay Canal Walk
3 to 7 minutes drive to Executive offices in Business Bay
10 to 12 minutes walk / 3 minutes drive Business Bay Metro Station
5 to 7 minutes drive to Downtown Dubai (Burj Khalifa / Dubai Mall)
7 to 10 minutes drive to The Dubai Mall
3 to 5 minutes drive to Sheikh Zayed Road access
8 to 10 minutes drive to City Walk
15 to 20 minutes drive to Dubai International Airport (DXB)

Posted on: 23rd April 2026