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Balcony

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Restaurants & cafes

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Concierge services

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Parking

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Fitness center

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Wi-Fi

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Kindergarten

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Barbecue zone

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Sauna

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Pool

Dubai

<h2>DAMAC Towers by Paramount Hotels & Resorts</h2>

<p>DAMAC Towers by Paramount Hotels & Resorts is a distinguished premium-class complex in the heart of Dubai, Business Bay, adjacent to the scenic Dubai Creek. This Hollywood-inspired, four-tower complex was launched in March 2013 and completed by the third quarter of 2019. Soaring 270 meters high, each of its 68-story towers offers 1200 luxurious apartments and 700 exclusive hotel rooms.</p>

<p>The apartment interiors, inspired by global film studios, create a stylish and unique ambiance. The fourth tower, managed by Paramount Hotels & Resorts, offers 700 extravagant rooms that combine luxury with comfort.</p>

<h2>Amenities and Features of DAMAC Towers</h2>

<p>The complex boasts a wide range of amenities, including a multi-level podium with restaurants, bars, event halls, fitness centers, spas, swimming pools, relaxation areas, cinemas, a children&rsquo;s club, and shopping areas. Every element of the complex is designed with sophistication and comfort in mind.</p>

<p>The DAMAC Paramount Towers apartments offer choices ranging from studios to 3-bedroom units, each featuring modern elements and impressive amenities. This elite residential complex ensures quality living, blending modernity, convenience, and excellent service.</p>

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Damac

<p>Business Bay District is a mixed commercial-residential area in Dubai made of skyscrapers. This sector of the city almost entirely consists of highrises perfect if you look for commercial Business Bay property for sale. A lot of different firms and major companies have offices here. Downtown Dubai is close, so it makes Business Bay a center of business activity in Dubai.&nbsp;</p>

<p>Let&#39;s take a close look at Business Bay properties for sale to get the feeling of what it might offer to potential owners. We will cover rent prices, local amenities, transportation options, and the main attractions of the area so you can make an opinion about it.&nbsp;&nbsp;&nbsp;</p>

<h2>Real Estate</h2>

<p>First of all, properties for sale in Business Bay are popular. The demand on real estate located here is very high. And so is the average annual ROI for investors. The Business Bay community is trendy and fashionable. It&rsquo;s a great place to live and/or work. You can easily rent or buy a place to open a shop or office here.&nbsp;</p>

<p>Consider the following ratio of commercial to residential real estate:</p>

<ul>
	<li style="list-style-type:disc">22,1% for residential property</li>
	<li style="list-style-type:disc">18, 5% for commercial property</li>
	<li style="list-style-type:disc">59,4% for mixed-purpose property</li>
</ul>

<p>Almost all property for sale in Business Bay Dubai is surrounded by the waters of Dubai Canal. This was done initially during the construction of the district in 2008. The canal is artificial.</p>

<p>Here&rsquo;s a list of the most popular commercial buildings in Business Bay district:</p>

<ul>
	<li style="list-style-type:disc">Iris Bay</li>
	<li style="list-style-type:disc">The Binary</li>
	<li style="list-style-type:disc">Clover Bay Tower</li>
	<li style="list-style-type:disc">The Prism</li>
	<li style="list-style-type:disc">Tamani Arts Offices</li>
	<li style="list-style-type:disc">The Citadel</li>
	<li style="list-style-type:disc">Bayswater Tower</li>
	<li style="list-style-type:disc">The Exchange Business Bay</li>
	<li style="list-style-type:disc">Metropolis Tower</li>
</ul>

<h2>Prices</h2>

<p>To buy or sell an apartment in Business Bay will cost you about this much:</p>

<ul>
	<li style="list-style-type:disc">1-bedroom apartment - AED 1,866,000</li>
	<li style="list-style-type:disc">2-bedroom apartment - AED 3,616,000</li>
	<li style="list-style-type:disc">3-bedroom apartment - AED 6,284,000</li>
</ul>

<p>Rental prices as of Summer 2023 are:</p>

<ul>
	<li style="list-style-type:disc">Studio - AED 57,000</li>
	<li style="list-style-type:disc">1-Bedroom apartment - AED 76,000</li>
	<li style="list-style-type:disc">2-Bedroom apartment - AED 116,000</li>
	<li style="list-style-type:disc">3-Bedroom apartment - AED 159,000</li>
	<li style="list-style-type:disc">4-Bedroom apartment - AED 257,000</li>
</ul>

<p>Business Bay district is home to some of the most luxurious and fashionable hotels in Dubai. If you enjoy comfort and relaxation, they offer spa services, gyms, event rooms, massage, swimming pools, and restaurants. Here are some of them:</p>

<ul>
	<li style="list-style-type:disc">Taj Dubai</li>
	<li style="list-style-type:disc">Steigenberger Hotel</li>
	<li style="list-style-type:disc">JW Marriott Marquis Hotel</li>
	<li style="list-style-type:disc">Radisson Blu Hotel Waterfront</li>
	<li style="list-style-type:disc">Doubletree by Hilton Dubai Business Bay</li>
</ul>

<h2>Healthcare</h2>

<p>If you choose any of the properties for sale in Business Bay Dubai, you will get access to one of the best healthcare providers in the district - Emirates Hospital Clinic situated on Bay Avenue. Or you can get to Medcare Hospital in Safa or Emirates Hospital in Jumeirah in just 15 minutes of driving time.</p>

<h2>Schools</h2>

<p>There&rsquo;s a number of schools available for people living in Business Bay which include the following:</p>

<ul>
	<li style="list-style-type:disc">First Path Montessori</li>
	<li style="list-style-type:disc">Hummingbird Nursery</li>
	<li style="list-style-type:disc">Maple Bear Pre School</li>
	<li style="list-style-type:disc">Canadian Kids Nursery&nbsp;</li>
	<li style="list-style-type:disc">GEMS Wellington Primary School</li>
	<li style="list-style-type:disc">GEMS Our Own Indian School</li>
	<li style="list-style-type:disc">Dubai International School</li>
	<li style="list-style-type:disc">Safa British School</li>
</ul>

<h2>Transportation</h2>

<p>Visitors and residents can use public transport such as metro, bus, tram, and taxi. Those with their own automobiles have access to indoor and outdoor parking that comes along with real estate.&nbsp;</p>

<h2>Shops&nbsp;</h2>

<p>Residents who decide to stay in Business Bay can enjoy a variety of shops and supermarkets located nearby, for example:</p>

<ul>
	<li style="list-style-type:disc">Al Maya Supermarket in Clover Bay Tower</li>
	<li style="list-style-type:disc">Spinneys and Choithrams in Bay Avenue</li>
	<li style="list-style-type:disc">West Zone Supermarket&nbsp;</li>
	<li style="list-style-type:disc">Zoom Mini-Mart</li>
</ul>

<h2>Places of Worship</h2>

<p>There are many mosques, churches, and temples available in Business Bay and in close proximity. Among them are beautiful mosques and international Christian churches such as:</p>

<ul>
	<li style="list-style-type:disc">Sheikh Rashid Al Maktoum Mosque</li>
	<li style="list-style-type:disc">Souk Al Bahar Mosque</li>
	<li style="list-style-type:disc">Avenue Park Mosque</li>
	<li style="list-style-type:disc">Bay Avenue Mosque</li>
	<li style="list-style-type:disc">Al Ghafoor Mosque</li>
	<li style="list-style-type:disc">Dubai Mall Mosque</li>
	<li style="list-style-type:disc">Holy Trinity Church</li>
	<li style="list-style-type:disc">The Dubai City Church</li>
	<li style="list-style-type:disc">St. Mary&rsquo;s Catholic Church</li>
	<li style="list-style-type:disc">Eleutheria Community Church&nbsp;</li>
	<li style="list-style-type:disc">Emirates Baptist Church International</li>
</ul>

<p>To sum it all up, let&rsquo;s say that Business Bay real estate is high in demand and can become a very lucrative investment that will pay off in the long term.&nbsp;</p>

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Business Bay

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Apartments

Sell

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Damac Towers by Paramount 1 Bdr

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The Dubai Mall

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FESTIVAL CITY IKEA

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THE PALM JUMEIRAH

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DOWNTOWN DUBAI

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AL KHAIL ROAD

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MEYDAN RACECOURSE

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DUBAI INTERNATIONAL AIRPORT (DXB)

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MEYDAN ONE MALL MEYDAN TOWER

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SHEIKH ZAYED ROAD

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1 bedroom Apartments in Damac Towers by Paramount, Business Bay