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AED

1,000,000

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Studio

bath

1 bath

size

520 sqft

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DAMAC Paramount Tower (Midtown) Hotel And Residences, Business Bay, Dubai, UAE


Five Star | Furnished | Burj View

Type
Hotel Apartment
Purpose
Sale
Property Age
4 Years
Furnishing
Furnished
Updated
21st May 2026
Completion Status
Ready
Service Charge
22.5 AED/sqft
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Provident Real Estate offers a fully furnished studio at Paramount Hotel & Residences in Business Bay. The Hollywood-inspired design combines lifestyle appeal with investment opportunities, close to Downtown Dubai.

Key Features and Investment Highlights

•Serviced Hotel Apartment: The property is a fully serviced hotel apartment, ensuring a hassle-free living experience with premium services provided by the hotel management.
•Amazing Burj Views: Residents will enjoy breathtaking views of the iconic Burj Khalifa, adding a distinctive value to the property.
•High Floor Location: The apartment is situated on a high floor, offering enhanced privacy and panoramic city vistas.
•Fully Furnished: The unit comes completely furnished with modern and stylish interiors, ready for immediate move-in or rental.
•Hands-Off Investment: This property represents a turnkey investment, with all management aspects handled by the hotel, making it ideal for investors seeking passive income.
•Hotel Management: The apartment is fully managed by the hotel, ensuring consistent standards of maintenance and service.
•Access to Hotel Facilities: Owners and tenants have full access to all hotel amenities, including a state-of-the-art gymnasium and a rooftop swimming pool.
•State-of-the-Art Gymnasium: Residents can maintain an active lifestyle with access to a modern, well-equipped gym.
•Rooftop Swimming Pool: The building features a stunning rooftop swimming pool, providing a luxurious space to relax while enjoying city views.
 

Paramount Tower Hotel & Residences is a mixed-use high-rise located in Business Bay, developed by the internationally recognized Damac Properties and completed in 2022.The hotel offers a variety of amenities, including the Paramount cinema, a modern gymnasium, multiple restaurants, sauna and steam facilities, and a rooftop infinity swimming pool with views of the Burj Khalifa.

Company Name: Provident Real Estate
RERA ORN: 1933
Posted on: 24th April 2026

Amenities

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Central A/C & Heating
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Shared Spa

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Lobby in Building

Validated Information

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Developer
NAMAA PROPERTIES DEVELOPMENT L.L.C
Ownership
Freehold
Balcony Size
50 sqft
Parking Availability
Yes
Usage
Residential


Building Information

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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

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DAMAC Paramount Tower (Midtown) Hotel And Residences, Business Bay, Dubai, UAE




More Info

Permit Number
info
7132465619
Zone Name
info
Business Bay
Registered Agency
info
PROVIDENT REAL ESTATE BROKER L.L.C
RERA
info
1933
Reference ID
PS-2404264
BRN (DLD)
info
73264

Permit

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To know more about the rules and regulations visit the Land Department Website.

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