Furnished 2-Bedroom in Paramount Tower A, Business Bay – AED 1M Below Original Price

2-Bedroom Apartment Paramount Tower A Business Bay — Apartment In Damac
2-Bedroom Apartment Paramount Tower A Business Bay. Apartment In Damac.

AED 2,100,000 was AED 3,100,000

Deal typeBelow OP
PriceAED 2,100,000
Original priceAED 3,100,000
SavingAED 1,000,000 (32.3%)
Bedrooms2
Size1485 sq.ft
TypeApartment
StatusReady
DeveloperDAMAC Properties
Area / Master developmentBusiness Bay
Sub-community / PhaseParamount Tower A
CommunityBusiness Bay

Property Overview

This fully furnished 1,485 sq ft two-bedroom apartment in Paramount Tower A by DAMAC in Business Bay is offered at AED 2,100,000. The agent states an original price of AED 3,100,000, so the asking price is AED 1,000,000 (32.3%) below that figure, matching the agent's stated AED 1M saving. The building is completed, and the asking price works out to about AED 1,414 per sq ft.

Property Highlights

  • Property type: 2-bedroom apartment
  • Building: Paramount Tower A, DAMAC Towers by Paramount, Business Bay
  • Developer: DAMAC Properties
  • Size: 1,485 sq ft
  • Asking price: AED 2,100,000
  • Agent-stated original price: AED 3,100,000
  • Difference: AED 1,000,000 (32.3%)
  • Price per sq ft: approx. AED 1,414
  • Furnishing: fully furnished (agent-stated)
  • Status: ready

Why the Price Qualifies as Below OP

The comparison is against the original purchase price supplied in the agent's resale brief of 9 October 2026: AED 3,100,000. The asking price of AED 2,100,000 is AED 1,000,000 lower, or 32.3% below the original price. At 1,485 sq ft, that is about AED 1,414 per sq ft.

A discount of this size on a completed tower partly reflects how Business Bay serviced-apartment prices have moved since the original launch. Confirm the original price against the SPA or title deed and compare with recent registered sales in the Paramount towers.

About the Project, Developer and Community

DAMAC Towers by Paramount Hotels & Resorts is a four-tower complex in Business Bay, developed by DAMAC in partnership with Paramount. Each tower is about 270 metres tall with 68 floors. One tower houses the Paramount Hotel, and the others contain DAMAC Maison–Paramount co-branded serviced residences. The complex was completed around 2019, and the hotel opened in November 2019.

Residents share a plaza with Hollywood-themed restaurants and bars, swimming pools, fitness centres, a screening room, a kids club and event spaces.

Layout, Floor and View

The agent describes a fully furnished 1,485 sq ft two-bedroom apartment. Floor level, view, bathroom count, parking and occupancy were not supplied. Ask whether the unit is part of a hotel-managed rental programme, which can affect occupancy and returns, and request the furniture inventory.

Ownership and Transfer

The tower is completed, so the unit can transfer through the standard Dubai Land Department process. Confirm the title deed details, any outstanding mortgage, service charges (which can be higher in branded serviced buildings) and transfer costs.

Location and Connectivity

Business Bay has road access via Sheikh Zayed Road, Al Khail Road and Al Asayel Street, and is served by Business Bay Metro station. Check actual travel times for your own routes.

Verification Notes

  • Agent-supplied: building, tower, bedrooms, size, asking price, original price, AED 1M saving and fully furnished.
  • DPF-calculated: AED 1,000,000 difference (32.3%) and approx. AED 1,414 per sq ft.
  • External research: developer, tower count, height, floors, completion, hotel and residence mix and shared facilities from Wikipedia.
  • Not verified: SPA price, floor, view, rental programme status and service charges.
2-Bedroom Apartment Paramount Tower A Business Bay — Apartment In Damac
2-Bedroom Apartment Paramount Tower A Business Bay. Apartment In Damac.
2-Bedroom Apartment Paramount Tower A Business Bay — At By Damac Properties
2-Bedroom Apartment Paramount Tower A Business Bay. At By Damac Properties.
2-Bedroom Apartment Paramount Tower A Business Bay — At By Damac Properties Cafe
2-Bedroom Apartment Paramount Tower A Business Bay. At By Damac Properties Cafe.
2-Bedroom Apartment Paramount Tower A Business Bay — At By Damac Properties Gym
2-Bedroom Apartment Paramount Tower A Business Bay. At By Damac Properties Gym.
2-Bedroom Apartment Paramount Tower A Business Bay — At By Damac Properties Living Room
2-Bedroom Apartment Paramount Tower A Business Bay. At By Damac Properties Living Room.
2-Bedroom Apartment Paramount Tower A Business Bay — At By Damac Properties Swimming Pool
2-Bedroom Apartment Paramount Tower A Business Bay. At By Damac Properties Swimming Pool.
2-Bedroom Apartment Paramount Tower A Business Bay — At By Damac Properties
2-Bedroom Apartment Paramount Tower A Business Bay. At By Damac Properties.
2-Bedroom Apartment Paramount Tower A Business Bay — At By Damac Properties
2-Bedroom Apartment Paramount Tower A Business Bay. At By Damac Properties.
2-Bedroom Apartment Paramount Tower A Business Bay — At By Damac Properties Cafe
2-Bedroom Apartment Paramount Tower A Business Bay. At By Damac Properties Cafe.
2-Bedroom Apartment Paramount Tower A Business Bay — At By Damac Properties Gym
2-Bedroom Apartment Paramount Tower A Business Bay. At By Damac Properties Gym.
2-Bedroom Apartment Paramount Tower A Business Bay — At By Damac Properties Living Room
2-Bedroom Apartment Paramount Tower A Business Bay. At By Damac Properties Living Room.
2-Bedroom Apartment Paramount Tower A Business Bay — At By Damac Properties Swimming Pool
2-Bedroom Apartment Paramount Tower A Business Bay. At By Damac Properties Swimming Pool.
2-Bedroom Apartment Paramount Tower A Business Bay — At By Damac Properties
2-Bedroom Apartment Paramount Tower A Business Bay. At By Damac Properties.

Frequently asked questions

What is the asking price of this 2-bedroom in Paramount Tower A?

The asking price is AED 2,100,000 for a fully furnished 1,485 sq ft two-bedroom in Paramount Tower A, Business Bay.

How far below the original price is it?

The agent states an original price of AED 3,100,000. The asking price is AED 1,000,000 lower, which is 32.3% below that figure.

What is the price per square foot?

At AED 2,100,000 for 1,485 sq ft, the asking price works out to about AED 1,414 per sq ft.

Is the building completed?

Yes. DAMAC Towers by Paramount was completed around 2019, and the Paramount Hotel opened in November 2019.

Is the apartment in a hotel rental programme?

This was not supplied. Ask the agent whether the unit is part of a managed rental programme, as this affects occupancy and returns.

What facilities does the complex offer?

Residents share a plaza with themed restaurants and bars, swimming pools, fitness centres, a screening room, a kids club and event spaces.

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

—

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 →

Browse this listing by developer, location, property type and bedroom count.

DeveloperDAMAC PropertiesAreaBusiness BaySub-communityParamount Tower ACommunityBusiness BayCityDubaiTypeApartmentBedrooms2 BedroomsCountryUnited Arab EmiratesBrowseAll distress deals

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