High Floor | Fully Furnished | Vacant Now
Damac Towers by Paramount B, Business Bay, Dubai
AED 95,000/year
AED 98 /sqftAED 1,055 /sqmt
1 Bedroom Apartment for rent in DAMAC Towers by Paramount Hotels & Resorts
- Type
- Apartment
- Size
- 965 sqft
- Bedroom
- 1
- Bath
- 2
- Parking
- 0
- Developer
- DAMAC
- View
- Burj Khalifa
- Ref no.
- AR-176237
- Completion
- Q4 2018
- Listed
- 1 months ago
About this property
fäm Properties is delighted to present this beautifully designed 1-bedroom apartment for rent in Paramount Residences Tower B, Business
Bay.
Offering modern interiors, spacious layouts, and premium amenities, this apartment is ideal for those seeking a luxury lifestyle in one of Dubai’s most sought-after communities, just minutes from Downtown and Dubai Mall.
Property Features:
● 1 Bedroom
● 2 Bathrooms
● Spacious Living & Dining Area
● Fully Equipped Kitchen
● Built-in Wardrobes
● Floor-to-Ceiling Windows
● Balcony
● 1 Covered Parking Space
Building Amenities:
● Swimming Pool
● Fully Equipped Gym
● Children’s Play Area
● Landscaped Areas
● 24/7 Security
● Concierge Service
● Covered Parking
Ideally located in Business Bay, Paramount Residences Tower B offers excellent connectivity to Downtown Dubai, Burj Khalifa, Dubai Mall, DIFC, and Sheikh Zayed Road, making it an exceptional choice for comfortable city living.
What it has
- High floor
- Air Conditioning
- Furnished
- Gated Community
- Open Kitchen
- Walk-In Closet
- Elevator
- Kitchen Appliances
- Landmark view
- Balcony
- Basement
- Privacy
- Storage Room
- Shared Pool
- Built In Wardrobes
- Close to metro
- Shared Gym
In the building
- Steam and Sauna
- Shared Spa
- Housekeeping Service
- CCTV Cameras
- Covered Parking
- Mini Mart
- Supermarket Nearby
- Valet Parking
- Mosque / Prayer room
- Landmark View
- Children's Pool
- Equipped Kitchen
- Gym
- Close to Metro Station
- Community Center
- Conference Room
- Shared Pool
- Mezzanine
- Security
- Luxury and High-end Finishing
- Shuttle Service
- Laundry/Dry Cleaning
- Central A/C
- Basement
- Concierge Service
- Children Play Area
- Available Networked
- Dining in Building
- Fully Furnished
- Lobby 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.
See the figures
| Month | AED per sqft |
|---|---|
| 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 | 1,308 |
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 | 363 |
| 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 | 162 |
| Oct 2026 | 5 |
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.