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.
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