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Playground

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Balcony

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Pet friendly

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Restaurants & cafes

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Cinema

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Conference hall

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Elevator

24/7 security service with video surveillance

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Security and CCTV

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Fitness center

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Barbecue zone

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Smart home system

Dubai

<h2>Paramount Tower Hotel and Residences: Luxury and Comfort in the Heart of Dubai</h2>

<p>Paramount Tower Hotel and Residences (PTHR) is a magnificent blend of a residential tower and a luxurious hotel by the legendary developer DAMAC Properties. Spanning 64 floors in the heart of Business Bay, Paramount Tower Hotel and Residences offers an unparalleled level of comfort and pleasure.</p>

<p>Distinctive features include a private cinema by Paramount Pictures, exclusive shops, refined restaurants, a lounge area, and a unique spa salon. Additionally, impressive amenities such as an open-air pool, fitness center, barbecue area, and wellness club are provided.</p>

<h2>Living with Luxury and Convenience</h2>

<p>Among the 826 residential units on the upper floors, cozy apartments with a home theater and access to the exclusive Paramount film library are offered. On the rooftop, indulge in a panoramic pool and a terrace for sunbathing.</p>

<p>Paramount Tower Hotel and Residences ensure safety and convenience with 24/7 surveillance, parking, a playground, and a children's pool. The hotel also provides easy access to local shops, including grocery stores, on the premises.</p>

<h2>Privileged Location</h2>

<p>Enjoy the convenience of residing on Dubai's main street - Sheikh Zayed Road, just a 20-minute drive from DXB International Airport. A short distance from the city center and in close proximity to the iconic Burj Khalifa, Paramount Tower Hotel and Residences offer easy access to everything that makes Dubai truly unique.</p>

<p>Choose Paramount Tower Hotel and Residences - your path to impeccable lifestyle in the heart of this captivating metropolis.</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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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 Paramount Tower Hotel and Residences, Business Bay