1-Bedroom Furnished Burj Khalifa View Apartment in DAMAC Paramount, Business Bay, Below Original Price

1-Bedroom Apartment Paramount Tower Hotel & Residences Business Bay — Apartment In AED 1m Price
1-Bedroom Apartment Paramount Tower Hotel & Residences Business Bay. Apartment In AED 1m Price.

AED 1,450,000 was AED 2,100,000

Deal typeBelow OP
PriceAED 1,450,000
Original priceAED 2,100,000
SavingAED 650,000 (31%)
Bedrooms1
Size956 sq.ft
TypeApartment
StatusReady
DeveloperDAMAC Properties
Area / Master developmentBusiness Bay
Sub-community / PhaseParamount Tower Hotel & Residences
CommunityBusiness Bay

Property Overview

This fully furnished 1-bedroom apartment in Paramount Tower Hotel & Residences by DAMAC, Business Bay, is offered at AED 1,450,000. The agent-stated original price is AED 2,100,000, so the asking price is AED 650,000 (31.0%) lower. The 956 sq ft unit has open and Burj Khalifa views and is vacant.

Key Highlights

  • 1 bedroom, 956 sq ft
  • Open and Burj Khalifa views
  • Fully furnished and vacant
  • Asking price: AED 1,450,000 (about AED 1,517 per sq ft)
  • Original price: AED 2,100,000
  • Saving: AED 650,000 (31.0%)

Why This Deal Qualifies

The asking price is AED 650,000 below the agent-stated original purchase price of AED 2,100,000, a reduction of 31.0%, on a ready, vacant unit. The original price has not yet been checked against the sale and purchase agreement.

About Paramount Tower Hotel & Residences

Paramount Tower Hotel and Residences is a branded development by DAMAC Properties in Business Bay, combining a Hollywood-themed hotel with serviced and residential apartments and shared leisure amenities.

Layout

The 956 sq ft apartment offers one bedroom, a living and dining area and a kitchen, and is offered fully furnished. Floor plans should be requested to confirm the layout and floor.

Occupancy

The apartment is completed and vacant, so a buyer can move in or lease it soon after transfer. Title deed status and service charges should be confirmed before any commitment.

Location

Business Bay has direct road access to Sheikh Zayed Road, Al Khail Road and Al Asayel Street and is served by Business Bay station on the Dubai Metro Red Line.

Verification Notes

Details are based on an agent brief received on 9 November 2026. The original price, unit size, occupancy and title should be verified against the title deed and sale and purchase agreement before purchase.

Frequently asked questions

What is the asking price of this DAMAC Paramount apartment?

The asking price is AED 1,450,000 for a vacant, fully furnished 956 sq ft 1-bedroom apartment in Paramount Tower Hotel & Residences, Business Bay.

How much below the original price is it?

The agent-stated original price is AED 2,100,000, so the asking price is AED 650,000 lower, a reduction of 31.0%.

What are the views?

The apartment has open views and a view of the Burj Khalifa.

Is it vacant?

Yes. The apartment is ready, furnished and vacant.

Buyer costs

What you will pay

Dubai transfer costs for an ready unit. Every figure editable — NOC is set by the developer and varies.

AED
Sale price—
DLD transfer fee—
NOC fee—
Trustee / registration—
Agency fee—
VAT on agency (5%)—

Total cost

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Full payment schedule and unit details are released to qualified buyers on enquiry.

Indicative only and not a quotation. Excludes any balance payable to the developer, mortgage arrangement costs and service charges.

Finance

Mortgage estimate

Indicative monthly repayment on a UAE bank mortgage.

AED
Down payment—
Loan amount—
Total interest—
Total repaid—

Monthly payment

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Indicative only, not an offer of finance and not advice. UAE loan-to-value caps depend on residency, property value and whether it is your first purchase, with tighter limits on off-plan. Rates move; confirm current terms with your bank or broker.

Read our full property verification methodology →

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