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AED

750,000

Est. Payment AED 0/mo

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Studio

bath

1 bath

size

484 sqft

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Tower C, DAMAC Towers by Paramount Hotels and Resorts, Business Bay, Dubai, UAE


Fully Managed | Luxury Hotel | High ROI Investment

Type
Hotel Apartment
Purpose
Sale
Property Age
7 Years
Furnishing
Unfurnished
Average Rent
AED 82,943 Yearly
info
Updated
11th May 2026
Completion Status
Ready
Presented proudly, this hotel-managed studio in Tower C offers a rare opportunity to own a fully serviced investment unit in one of Dubai’s most iconic Hollywood-themed developments.

Unit Details:

-Studio Apartment
- 1 Washroom
-BUA: 484 sq. ft.
-Service Charges: AED 13 per sq.ft. annually
-Elegantly furnished in signature Hollywood glamour style
-Premium finishing & contemporary interiors
-Fully serviced hotel apartment
-Professionally managed by DAMAC Hotels & Resorts

Investment Highlights:

-Fully managed by DAMAC – completely hassle-free ownership
-Attractive ROI with strong occupancy rates
-Average nightly rate: AED 600 – 900 per night
-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

About the Location:

-Located in the heart of Business Bay, just minutes from:
-Burj Khalifa & Downtown Dubai
-Dubai Mall
-DIFC
-Sheikh Zayed Road
-Dubai International Airport

The tower enjoys seamless connectivity, making it a preferred destination for tourists and corporate guests alike.

Amenities:

-Hollywood-themed grand lobby
-Temperature-controlled swimming pool
-Fully equipped gym
-Luxury spa facilities
-All-day dining restaurants & lounges
-24/7 concierge & valet services
-High-level security

Transaction Costs:
2% Agency Fee + VAT
4% DLD Transfer Fee

This is a turnkey investment opportunity combining luxury, brand prestige, and consistent rental income in a globally recognized hospitality-branded residence.
Posted on: 23rd April 2026

Validated Information

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Developer
DAMAC STAR PROPERTIES (L L C)
Ownership
Freehold
Parking Availability
Yes
Usage
Residential


Building Information

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Building Name
DAMAC TOWERS BY PARAMOUNT (C)
Floors
62
Number of Apartments
824
Retail Centres
2
Swimming Pools
1
Parking Spaces
1696
Building Area
482,992 sqft
Elevators
10

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Tower C, DAMAC Towers by Paramount Hotels and Resorts, Business Bay, Dubai, UAE




More Info

Permit Number
info
7123408183
Zone Name
info
Business Bay
Registered Agency
info
NEST SEEKERS LUXURY REAL ESTATE L.L.C
RERA
info
38078
Reference ID
SALE-APT-83
BRN (DLD)
info
58494

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

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