Large Layout | Luxurious Apartment | Offer Price

Damac Towers by Paramount D, Business Bay, Dubai

AED 85,000/year

AED 91 /sqftAED 980 /sqmt

1-bedroom Apartment for rent in DAMAC Towers by Paramount Hotels & Resorts

Type: Apartment
Size: 929 sqft
Bedroom: 1
Bath: 2
Parking: 1
Developer: DAMAC
View: Community
Ref no.: AR-171112
Completion: Q4 2018
Listed: 2 weeks ago

About this property

fäm Properties is proud to present this elegant and fully furnished 1 Bedroom apartment in the iconic DAMAC Towers by Paramount, located in the heart of Business Bay.

Situated on the 39th floor, this luxury residence offers a sophisticated lifestyle with premium interiors, spacious living areas, and stunning city and canal views. Inspired by Hollywood glamour, Paramount Towers combines upscale living with world-class hospitality and exceptional amenities.

Property Details:

1 Bedroom
2 Bathrooms
Size: 929 SQft
High Floor – 39th Floor
Fully Furnished
Modern Open Layout
Built-in Wardrobes
Balcony
Floor-to-Ceiling Windows
Covered Parking

Building Amenities:

Infinity Swimming Pool
State-of-the-Art Gym
Luxury Spa & Wellness Facilities
Concierge & 24/7 Security
Elegant Lobby
Restaurants & Cafés
Children’s Play Area
Retail & Dining Outlets

DAMAC Towers by Paramount is one of Business Bay’s most prestigious addresses, offering residents a luxury hotel-style experience just minutes away from Downtown Dubai, Burj Khalifa, Dubai Mall, and Dubai Canal.

Whether for end-users or investors, this apartment offers the perfect combination of luxury, comfort, and prime location in one of Dubai’s most vibrant communities.

What it has

High floor
Steam Room
Air Conditioning
Furnished
Sea View
Gated Community
New Built
Open Kitchen
Walk-In Closet
Elevator
Smart home system
Fitness Centre
Mansion
Kitchen Appliances
Brand new
Garage
Covered Parking
Waterfront View
Library
Pantry
Balcony
Basement
Laundry Room
Privacy
Investment Property
Storage Room
Upgraded
Shared Pool
Pets Allowed
Built In Wardrobes
Close to metro
Golf View
Lake View
Wine Cellar
Shared Gym
Pool
Seafront
Fitted
Sauna

In the building

Steam and Sauna
Shared Spa
Covered Parking
CCTV Cameras
Housekeeping Service
Landmark View
Equipped Kitchen
Supermarket Nearby
Children's Pool
Mini Mart
Mosque / Prayer room
Valet Parking
Gym
Close to Metro Station
Security
Shared Pool
Conference Room
Mezzanine
Community Center
Central A/C
Laundry/Dry Cleaning
Luxury and High-end Finishing
Shuttle Service
Basement
Children Play Area
Concierge Service
Fully Furnished
Lobby in Building
Available Networked
Dining in Building

What DAMAC Towers by Paramount Hotels & Resorts sells for

Median price per sqft registered with the land department, by month. Asking prices are not in this — these are deals that completed.

Median registered price per sqft in DAMAC Towers by Paramount Hotels & Resorts

See the figures

Median registered price per sqft in DAMAC Towers by Paramount Hotels & Resorts
Month	AED per sqft
Oct 2025	1,659
Nov 2025	1,743
Dec 2025	1,520
Jan 2026	1,500
Feb 2026	1,399
Mar 2026	1,438
Apr 2026	1,449
May 2026	1,347
Jun 2026	1,431
Jul 2026	1,526
Aug 2026	1,376
Sep 2026	1,412

Demand in Business Bay

How many sales registered each month. A thin month is usually the register catching up rather than the market stopping.

Sales registered in Business Bay, by month

See the figures

Sales registered in Business Bay, by month
Month	Transactions
Oct 2025	286
Nov 2025	366
Dec 2025	396
Jan 2026	413
Feb 2026	234
Mar 2026	175
Apr 2026	170
May 2026	108
Jun 2026	155
Jul 2026	142
Aug 2026	140
Sep 2026	69

Location

Schools nearby

Hartland International School - FZUK · KHDA very good1.03 mi
North London Collegiate School Middle East L.L.C - FZInternational Baccalaureate · KHDA very good1.06 mi
Jebel Ali School (Br of Taaleem Management (L L C))UK · KHDA very good1.7 mi
Dubai International Private School - BrAmerican · KHDA good2.15 mi
GEMS Our Own Indian SchoolIndian · KHDA very good2.19 mi
Global Indian International School L.L.CIndian · KHDA good2.26 mi