Hotel 97 m² in Dubai, UAE

UAE
€680,553
€7,016/m²
;

Location

  • Country
    UAE
  • State
    Dubai

Property characteristics

Property parameters

  • Price per m²
    Price per m²
    €7,016/m²
  • Total area
    Total area
    97 m²

Building parameters

  • The year of construction
    The year of construction
    2023

Interior details

Cooling:

  • Air conditioner

Security features:

  • Video surveillance

Exterior details

Parking features:

  • Parking

View:

  • Sea view

Description

PARAMOUNT TOWER HOTEL & RESIDENCES DUBAI SERVICED APARTMENTS

delivered | Damac Properties
Location: Business Bay
Apartments from 97 m2
Prices from $709,000
A 64-storey tower with a hotel and private apartments, a 15-minute walk from the Burj Khalifa skyscraper, singing fountains and the Dubai Opera. Approximate yield from renting out finished apartments is 5-12% per annum.

About the location
From Paramount Tower Hotel & Residences Dubai, you can get to Sheikh Zayed Road in a minute, and Dubai International Airport is a 13-minute drive away. The Gulf Coast is a 10-minute drive away.

About the Project
The building, made of transparent and gilded glass and steel, is visually divided into two parts. Floors 15 through 25 are occupied by hotel rooms in the style of the Hollywood film studio Paramount Pictures. Floors 26 through 63 are apartments with terraces.

Amenities
Infinity pool
Fitness club with steam room and sauna/spa
Kids Club
Cinema halls

WHAT RESULTS IN THE FAVORABLE INVESTMENT CLIMATE:

stable currency over the past 30 years;
0.16 - green zone of risk of "soap bubble" according to the UBS Global Management rating;
the lowest crime rate;
no income tax: from sale, rent, gift and inheritance;
sustainable economic growth;
an influx of investors and tourists from China is expected in 2023,
due to the lifting of quarantine restrictions;
increase in capital due to investments in real estate at the "pit" stage;
risk diversification;
stable income from 7% per annum;
by 2040, the population and territory of the country are planned to double;
a wide selection of new buildings - from world-famous hotel chains to skyscrapers by the sea;
with investments of 205,000 USD, the investor and family members have the opportunity to obtain a residence permit for 2 years.

The information about this accommodation may have changed, so we are not responsible for its accuracy. For exact characteristics, please contact us.

Copying, duplication, distribution, reprinting (in whole or in part), or other use of the material without the written permission of the author is not permitted. Any violation of the author's rights will be prosecuted on the basis of international law.

Updated at: 05/08/2024

Location on the map

UAE
Ask all your questions
Send your request to the agent
Thank you! Your request has been accepted
I want to view this property. Is the price of the property relevant? I want more information about the property. What are the purchase conditions for foreigners? I want to see more photos/videos. Is it possible to buy with a loan/mortgage? Will I get a residence permit if I buy a property?
Back Leave a request Call