AED 2,315,000

Situated in the heart of Business Bay, Damac Paramount Towers brings together luxury hospitality and residential living in one of Dubai’s most connected districts. This one-bedroom apartment offers a refined daily experience shaped by the iconic Paramount Hotels and Resorts brand, placing cinematic design and five-star service within arm’s reach of the city’s key destinations.

The unit spans a generous 1,056 sq ft across a well-considered layout suited to professionals, couples, or investors seeking a premium address with strong rental credentials. The building’s hotel-serviced concept means residents benefit from amenities and management standards that sit well above the typical residential offering in this price bracket.

Unit Features:

– One-bedroom apartment
– 1,056 ft² / 98 m²
– Business Bay, Dubai
– Ready and available
– Hotel-branded residence
– High-floor potential with city views
– Professionally managed building

Complex Amenities:

– Rooftop infinity pool
– Fully equipped fitness centre
– Spa and wellness facilities
– Concierge and front-desk services
– Valet parking
– Multiple dining and café outlets
– Housekeeping services available
– Cinema-themed communal spaces
– Business centre

Architecture & Concept:

Damac Paramount Towers draws on the legacy of Paramount Hotels and Resorts to deliver a residence defined by cinematic flair and precise detailing. The four-tower development rises above Business Bay with a design vocabulary rooted in Hollywood glamour translated into liveable, contemporary spaces. Interiors balance bold visual identity with functional comfort across every floor plate.

About the Developer:

Damac Properties is one of the UAE’s largest and most recognised luxury real-estate developers, with a portfolio spanning residential, commercial, and hospitality assets across the Middle East and beyond.

Location & Benefits:

– Business Bay, central Dubai
– Five minutes to Downtown Dubai and Burj Khalifa
– Direct access to Sheikh Zayed Road
– Ten minutes to Dubai International Financial Centre
– Walking distance to Dubai Canal waterfront
– Fifteen minutes to Dubai International Airport
– Served by Business Bay Metro Station
– Surrounded by retail, dining, and corporate demand

Investment Appeal:

– Business Bay ranks among Dubai’s highest-demand rental districts
– Hotel-serviced units attract short-term and corporate tenants
– Strong resale liquidity driven by brand recognition
– Entry point competitive against comparable branded residences
– Dual-use appeal supports both long-term holds and active letting strategies
– Continued infrastructure growth underpins value trajectory

Frequently Asked Questions:

Q: Can the unit be used as a short-term rental?
A: Yes, the hotel-branded structure of Damac Paramount Towers is well suited to short-term letting, subject to the relevant DTCM registration requirements.

Q: Is the apartment sold furnished?
A: Furnishing details are available on request; prospective buyers should confirm the current fit-out status directly with the listing agent.

Q: What makes Business Bay a strong location for investment?
A: Business Bay combines proximity to Downtown Dubai, direct canal frontage, Metro connectivity, and a large corporate tenant base, all of which sustain consistent rental demand and liquidity.

For full details, payment options, or to arrange a viewing, please use the enquiry form on this page.