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AED
925,000
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Studio
1 bath
520 sqft
DAMAC Paramount Tower (Midtown) Hotel And Residences, Business Bay, Dubai, UAE
Burj Khalifa View | OP Price | Hotel Apartment
Type
Hotel Apartment
Purpose
Sale
Furnishing
Unfurnished
Updated
24th May 2026
Completion Status
Ready
Service Charge
22.5 AED/sqft
Terra Nova is glad to introduce this amazing Hotel Apartment in Paramount Tower in Business Bay.
!! The Apartment is rented and under the Hotel Management from Damac. ROI Payments are quarterly !!
PROPERTY DETAILS:
- Studio
- 1 Bathroom
- 1 Balcony
- Mid Floor
- Big Layout
- Furnished
FACILITIES:
- Modern Swimming Pool
- Modern Gymnasium
- Restaurants
- Kids Play Area
ABOUT THE DEVELOPER:
DAMAC Properties is a leading luxury real estate developer based in Dubai. Founded in 2002, it's known for high-end residential, commercial, and leisure properties across the UAE and internationally. DAMAC is behind iconic developments like DAMAC Hills, AKOYA Oxygen, and partnerships with global brands like Versace and Cavalli. The company focuses on delivering luxury living experiences and has played a major role in shaping Dubai’s upscale property market.
ABOUT BUSINESS BAY:
Business Bay is a vibrant mixed-use district in Dubai, located near Downtown and the Burj Khalifa. It features high-rise offices, luxury apartments, hotels, and retail spaces along the Dubai Canal. Known as a business hub, it attracts companies, startups, and professionals. With its modern lifestyle, great transport links, and iconic architecture, it's a popular spot for work and urban living.
ABOUT THE LOCATION:
Burj Khalifa: 10 Minutes
Dubai International Airport: 15 Minutes
Dubai Mall: 10 Minutes
Dubai Marina: 25 Minutes
Marina Mall: 25 Minutes Walk Distance
!! The Apartment is rented and under the Hotel Management from Damac. ROI Payments are quarterly !!
PROPERTY DETAILS:
- Studio
- 1 Bathroom
- 1 Balcony
- Mid Floor
- Big Layout
- Furnished
FACILITIES:
- Modern Swimming Pool
- Modern Gymnasium
- Restaurants
- Kids Play Area
ABOUT THE DEVELOPER:
DAMAC Properties is a leading luxury real estate developer based in Dubai. Founded in 2002, it's known for high-end residential, commercial, and leisure properties across the UAE and internationally. DAMAC is behind iconic developments like DAMAC Hills, AKOYA Oxygen, and partnerships with global brands like Versace and Cavalli. The company focuses on delivering luxury living experiences and has played a major role in shaping Dubai’s upscale property market.
ABOUT BUSINESS BAY:
Business Bay is a vibrant mixed-use district in Dubai, located near Downtown and the Burj Khalifa. It features high-rise offices, luxury apartments, hotels, and retail spaces along the Dubai Canal. Known as a business hub, it attracts companies, startups, and professionals. With its modern lifestyle, great transport links, and iconic architecture, it's a popular spot for work and urban living.
ABOUT THE LOCATION:
Burj Khalifa: 10 Minutes
Dubai International Airport: 15 Minutes
Dubai Mall: 10 Minutes
Dubai Marina: 25 Minutes
Marina Mall: 25 Minutes Walk Distance
Posted on: 14th January 2026
Amenities
Balcony
Private Gym
+8 More
Shared Spa
Security
Service Elevators
Kids Play Area
Maintenance Staff
Cleaning Services
Lobby in Building
Validated Information
Developer
NAMAA PROPERTIES DEVELOPMENT L.L.C
Ownership
Freehold
Balcony Size
50 sqft
Parking Availability
Yes
Usage
Residential
Building Information
Building Name
PARAMOUNT TOWER HOTEL & RESIDENCES
Floors
65
Number of Apartments
281
Retail Centres
6
Swimming Pools
1
Parking Spaces
542
Building Area
1,573,620 sqft
Offices
2
Elevators
13
Mortgage Calculator
UAE Residency Status
AED
AED
%
Years
%
Monthly Payment
AED 0
Map View
DAMAC Paramount Tower (Midtown) Hotel And Residences, Business Bay, Dubai, UAE
More Info
Permit Number
7132465719
Zone Name
Business Bay
Registered Agency
TERRA NOVA REAL ESTATE BROKERS L.L.C
RERA
12386
Reference ID
6501-RglzRO
BRN (DLD)
63027
Permit
To know more about the rules and regulations visit the Land Department Website.
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