About this property
Damac Towers by Paramount Hotels & Resorts is Hollywood-inspired four-tower development overlooking the Burj Area in Dubai.
fam Properties presents this iconic themed Hotel Apartment in Damac Towers by Paramount (Tower C) also known as the Paramount Hotel & Resort.
A luxury iconic development by Damac Properties in the heart of the city. This hotel apartment is managed and operated by the branded Paramount Hotel & Resorts.
Take advantage of this opportunity to own a hotel suite in a branded hotel.
Damac Towers by Paramount Tower C – Hotel Apartments
Investors may stay in the unit (holiday in it) 15 days out of the year.
This is a secondary market resale unit.
A great investment opportunity with high ROI.
- Spacious Studio Hotel Apartment
- Great Views
- Fully Furnished & Branded
- Very High Standard of Finishing
- Floor-to-Ceiling Windows
-Allocated Parking Space
- Ready! Luxurious Hotel in Full Operation
- World Wide Recognized Paramount Hotel & Resorts Brand
- Restaurants, Shops, Boutiques, Cinema, Cigar Lounge on Podium Levels
- Located between Downtown & Business Bay
- Easy Access to Highways
-Hotel ROOM not a hotel apartment
-For investment only
-Managed by the hotel only
-You cannot live in the apartment
-You cannot rent the apartment yourself
-No service charges as it’s automatically deducted from the income
-Rental income depends on the market performance
-Income is split as profit for you 60/40 for the hotel
-View and floor doesn’t matter because the income depends on the size of the unit only so the lower the price per sqft, the higher the ROI.
-The bigger the unit, the better.
Damac Towers by Paramount is a megaproject consisting of the hotel and Paramount-serviced residences. Complete with a long list of amenities for upgraded living in Business Bay.
-24/7 Front Desk
-Children's Playroom / Play area
-Gym / Health Club
-Key Card Security Access
This is a very unique project and a great place to buy to invest or to live in, with good price appreciation in the future.
Connect with me to view this property and make it yours by calling today.