
High Floor | Prime Location | Vacant
AED 95,000/year
AED 90 /sqftAED 969 /sqmt
1 Bedroom Apartment for rent in DAMAC Towers by Paramount Hotels & Resorts
- Type
- Apartment
- Size
- 1,055 sqft
- Bedroom
- 1
- Bath
- 2
- Parking
- 0
- Developer
- DAMAC
- View
- Community
- Ref no.
- AR-187243
- Completion
- Q4 2018
- Listed
- 1 days ago
About this property
1-Bedroom Apartment for Rent in Damac Towers by Paramount B, Business Bay, Dubai
Presented by fäm Properties, the largest and most trusted real estate agency in Dubai, this spacious and fully furnished 1-bedroom apartment is now available for rent in the prestigious Damac Towers by Paramount B, located in the vibrant Business Bay district.
Property Details:
- Size: 1,055.19 sqft
- Bedrooms: 1
- Bathrooms: 2
- Price: AED 95,000 per annum
- Furnished: Yes
- Floor: High Floor
- View: Community
Key Features and Amenities:
- Built-in Wardrobes
- Modern Kitchen Appliances with Open Kitchen Concept
- Private Balcony offering community views
- Central Air Conditioning
- Private Garden and Private Pool
- Private Gym Facility
- Children's Pool within the Gated Community
- Covered Parking Space
- 24/7 Security for enhanced safety and privacy
- Fully Fitted and Furnished Interiors
Location Highlights:
Situated in Business Bay, this property offers excellent connectivity and proximity to some of Dubai’s most iconic destinations, including:
- Dubai Mall
- Ramada Downtown Dubai Deluxe Suites
- Sheikh Zayed Road (E 11)
- Downtown Dubai
About the Developer:
Damac Properties, renowned for luxury developments, has crafted Damac Towers by Paramount B to offer an exceptional lifestyle with premium finishes and world-class amenities.
About fäm Properties:
As Dubai’s most trusted real estate company, fäm Properties operates with over 700 agents across 24 locations. With more than 9,200 satisfied clients and a 4.9-star rating out of 5, fäm is dedicated to providing unparalleled service and expertise.
For further information or to arrange a viewing, please contact fäm Properties today.
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This professionally presented apartment is ideal for discerning tenants seeking comfort, luxury, and convenience in one of Dubai’s most sought-after communities.
What it has
- Fitted
- Balcony
- Privacy
- Furnished
- High floor
- Private Gym
- Open Kitchen
- Private Pool
- Private Garden
- Covered Parking
- Gated Community
- Built In Wardrobes
- Kitchen Appliances
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 |
|---|---|
| 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 |
| Oct 2026 | 1,303 |
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 | 1 |
| 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 | 161 |
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.
Also in DAMAC Towers by Paramount Hotels & Resorts
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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.



