AED 1,450,000

Situated in the heart of Business Bay, this one-bedroom apartment in The Paragon Tower offers a practical entry point into one of Dubai’s most active residential and commercial corridors. The unit suits both end-users seeking a well-located city base and investors targeting strong rental demand in a supply-constrained district.

Unit Features:

– One-bedroom apartment
– 657 ft² / 61 m²
– Business Bay location
– Resale, ready unit
– Tower floor position

Complex Amenities:

– Swimming pool
– Gymnasium
– Lobby and reception
– Covered parking

Architecture & Concept:

The Paragon Tower is a contemporary high-rise designed to maximise views across Business Bay’s canal and skyline. Clean lines and efficient floor plans define the building’s architectural approach. Interiors reflect a modern urban aesthetic suited to professional residents.

About the Developer:

The Paragon Tower was developed by IGO, a Dubai-based real estate developer with a portfolio of residential projects across key city districts.

Location & Benefits:

– Business Bay district, central Dubai
– Minutes from Downtown Dubai and Burj Khalifa
– Direct access to Sheikh Zayed Road and Al Khail Road
– Close to Dubai Canal waterfront promenade
– Nearby Metro connectivity via Business Bay station
– Strong catchment of corporate tenants and short-term renters

Investment Appeal:

– High rental demand from professionals and executives
– Business Bay maintains consistently low vacancy rates
– Capital appreciation supported by ongoing district infrastructure
– Competitive entry price relative to comparable canal-district stock
– Liquid asset with broad buyer and tenant pool
– Suitable for both long-term rental and short-term holiday-let strategies

Frequently Asked Questions:

Q: Is the unit vacant and ready for immediate occupancy?
A: The unit is a resale property in a completed tower and can be handed over subject to standard transfer procedures at the Dubai Land Department.

Q: What rental return can be expected from this apartment?
A: One-bedroom units in Business Bay consistently attract strong annual yields, driven by demand from corporate tenants and the district’s proximity to key business hubs.

Q: Is this building popular with short-term rental operators?
A: Business Bay is one of Dubai’s most active short-term rental markets, and units in well-located towers such as The Paragon typically see high occupancy throughout the year.

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