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AED

1,369,000

Est. Payment AED 0/mo

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Studio

bath

1 bath

size

627 sqft

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

Investor Deal | High Floor | Spacious

Type
Apartment
Purpose
Sale
Property Age
4 Years
Furnishing
Unfurnished
Average Rent
AED 104,427 Yearly
info
Updated
18th May 2026
Completion Status
Ready
Service Charge
22.5 AED/sqft
info
Engel& Voelkers is proud to present this studio apartment in Paramount Tower Hotel and Residences, Business Bay.

Property Details:
TYPE - STUDIO
SIZE - 627 sq ft
1 Bathroom
Fully furnished
Balcony
Sea view
Covered Parking

Investment Benefits:
High ROI Potential (6-7 %)
No Management Hassle: All Operations Handled by Hotel Professionals
Access to Premium Hotel Amenities and Services
Strategic Location in Business Bay, a Hub for Luxury and Business

Features:
High Floor Location
Fully Furnished
Fully Equipped Gym
Rooftop Infinity Pool with Breathtaking Views of the Burj Khalifa Area

Engel & Voelkers is one of the world’s leading service companies, specializing in the brokerage of residential and commercial properties, yachts, and aviation. With 1,000+ offices in over 30 countries, it offers a wide range of services.

Contact Engel & Voelkers today for further details.
Posted on: 7th January 2026

Validated Information

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Developer
NAMAA PROPERTIES DEVELOPMENT L.L.C
Ownership
Freehold
Balcony Size
78 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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UAE Residency Status

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

Filip Srna 

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More Info

Permit Number
info
7132464963
Zone Name
info
Business Bay
Registered Agency
info
ENGEL AND VOELKERS REAL ESTATE L.L.C
RERA
info
16081
Reference ID
W-047X23
BRN (DLD)
info
81167

Permit

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

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