DAMAC
RESIDENTIAL
FREEHOLD
APARTMENT
1515
sqft
Bedrooms
Baths
A premium high-floor distress deal in Business Bay, this 2-bedroom hotel apartment in Damac Towers by Paramount offers exceptional value for investors and end-users seeking luxury living at a discounted price.
Located on a very high floor (Level 42), the unit features a spacious layout of approximately 1,514 sq.ft, offering enhanced views, privacy, and natural light. As part of a branded residence, the property provides access to world-class amenities including swimming pools, fitness facilities, concierge services, and hotel-style living.
This unit is significantly below market value, previously priced at AED 2.6M and now available for only AED 2M, making it one of the best-priced high-floor units in the development.
The location in Business Bay ensures strong rental demand and proximity to Downtown Dubai, Burj Khalifa, and Dubai Mall, making it ideal for both long-term appreciation and short-term rental income.
This is a genuine distress deal opportunity in a prime Dubai location with strong upside potential.
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2.1 Minutes
Downtown Dubai
19.3 Minutes
Dubai Marina
17.5 Minutes
Palm Jumeirah
10.5 Minutes
Mall Of Emirates
11.9 Minutes
DIFC
13.3 Minutes
Jumeirah Lake Towers
2.1 Minutes
Downtown Dubai
19.3 Minutes
Dubai Marina
17.5 Minutes
Palm Jumeirah
10.5 Minutes
Mall Of Emirates
11.9 Minutes
DIFC
13.3 Minutes
Jumeirah Lake Towers
57PR+HR - Business Bay - Dubai - United Arab Emirates