High Floor Studio | Luxury Living | High Rental
AED 590,000
AED 1,249 /sqftAED 13,444 /sqmt
Studio Hotel Apartment for sale in DAMAC Towers by Paramount Hotels & Resorts
- Type
- Hotel Apartment
- Size
- 473 sqft
- Bedroom
- Studio
- Bath
- 1
- Parking
- 1
- Developer
- DAMAC
- View
- Community
- Ref no.
- AS-178095
- Completion
- Q4 2018
- Listed
- 2 months ago
About this property
Presented by fäm Properties this high-floor studio apartment at DAMAC Towers by Paramount Hotels & Resorts, Business Bay. Inspired by Hollywood elegance, this premium residence offers contemporary interiors, world-class amenities, and breathtaking city views, making it an ideal choice for both end-users and investors.
Strategically located in the heart of Business Bay, the property provides seamless access to Downtown Dubai, Burj Khalifa, Dubai Mall, DIFC, and Sheikh Zayed Road, placing Dubai's finest attractions just minutes away.
Property Features
*Studio Apartment
*High Floor
*Spacious & Functional Layout
*Premium Finishes
*Floor-to-Ceiling Windows
*Built-in Wardrobes
*Elegant Bathroom
*Covered Parking
*Ideal for End Users & Investors
Location Highlights
*Prime Business Bay Address
*5 Minutes to Burj Khalifa & Dubai Mall
*Easy Access to Sheikh Zayed Road
*Close to DIFC and Downtown Dubai
*Approximately 15 Minutes to Dubai International Airport
*Surrounded by Fine Dining, Hotels, and Entertainment Venues
Whether you're searching for a stylish city residence or a high-yield investment property, this studio offers an exceptional opportunity in one of Dubai's most prestigious branded developments.
Contact fäm Properties today for more information or to arrange a viewing.
What it has
- Sauna
- Balcony
- Elevator
- Furnished
- High floor
- Shared Gym
- Shared Pool
- Pets Allowed
- Walk-In Closet
- Covered Parking
- Air Conditioning
In the building
- Gym
- Basement
- Security
- Mezzanine
- Mini Mart
- Shared Spa
- Central A/C
- Shared Pool
- CCTV Cameras
- Landmark View
- Valet Parking
- Children's Pool
- Conference Room
- Covered Parking
- Fully Furnished
- Shuttle Service
- Steam and Sauna
- Community Center
- Equipped Kitchen
- Concierge Service
- Lobby in Building
- Children Play Area
- Dining in Building
- Supermarket Nearby
- Available Networked
- Housekeeping Service
- Laundry/Dry Cleaning
- Mosque / Prayer room
- Close to Metro Station
- Luxury and High-end Finishing
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.
See the figures
| Month | AED per sqft |
|---|---|
| Nov 2025 | 1,557 |
| Dec 2025 | 1,539 |
| Jan 2026 | 1,496 |
| Feb 2026 | 1,481 |
| Mar 2026 | 1,718 |
| Apr 2026 | 1,961 |
| Aug 2026 | 1,682 |
| Sep 2026 | 2,172 |
| Oct 2026 | 1,636 |
Demand in Business Bay
How many sales registered each month. A thin month is usually the register catching up rather than the market stopping.
See the figures
| Month | Transactions |
|---|---|
| Nov 2025 | 58 |
| Dec 2025 | 270 |
| Jan 2026 | 139 |
| Feb 2026 | 132 |
| Mar 2026 | 95 |
| Apr 2026 | 66 |
| May 2026 | 65 |
| Jun 2026 | 80 |
| Jul 2026 | 85 |
| Aug 2026 | 80 |
| Sep 2026 | 69 |
| Oct 2026 | 34 |
Mortgage calculator
An estimate on the asking price. A bank’s own arrangement and valuation fees are not in it, and the rate is yours to change.
- Number of payments
- 192
- Monthly instalment
- AED 3,124
- Total interest
- AED 157,314
- Amount borrowed
- AED 442,500
Estimated monthly
AED 3,124
Over 16 years at 4%
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
52 schools within five miles. Distances are straight lines, not driving time.
Keep looking
Advertise permitIssued to RERA registered companies and Dubai developers as confirmation of their right to advertise properties.
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Want to see it?
We can arrange a viewing, in person or on a video call if you are not in Dubai.