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1 Bedroom Apartment for Sale | Distress Deal | High Floor | Business Bay

Image icon Damac Towers by Paramount Hotel & Resort Tower A
Category

Apartment

1

2

ft²

1250 ft²


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About This Property

1-bedroom apartment for sale in DAMAC Towers by Paramount Tower A, Business Bay, Dubai — 1,250 sq.ft. on a high floor, fully furnished, offered as a distress sale at AED 1,700,000, which is approximately AED 1,360 per sq.ft.

Rich Property Real Estate Brokerages LLC presents this unusually large one-bedroom residence. At 1,250 sq.ft. it is closer in size to a typical two-bedroom apartment in Business Bay, which is the main reason to look at it: the price per square foot is low for the area and the layout gives genuine room for separate living, dining and working areas. The property is freehold and mortgage financing is available.

Property Highlights

  • One-bedroom, two-bathroom apartment
  • Size 1,250 sq.ft. — large for a one-bedroom
  • Approximately AED 1,360 per sq.ft.
  • High floor
  • Fully furnished
  • Tower A, DAMAC Towers by Paramount
  • Freehold; mortgage financing available
  • Distress sale — motivated seller
  • DLD permit 7117446166

Building and facilities

The tower offers a swimming pool, a 24-hour concierge, a kids’ play area, a barbecue area, a prayer room, a staffed lobby and reception, CCTV, central air conditioning, double-glazed windows and satellite and cable television. The apartment has a balcony and terrace, and pets are allowed.

About Business Bay

Business Bay sits directly beside Downtown Dubai along the Dubai Canal, mixing residential towers, offices and hotels. Dubai Mall and Burj Khalifa are a short drive away, Business Bay metro station serves the district, and Sheikh Zayed Road and Al Khail Road give access across the city. It is one of the highest-turnover rental areas in Dubai, so one-bedroom apartments here are typically bought for a mix of personal use and letting.

To review the asking price, the service charge, purchase terms or to arrange a viewing of this DAMAC Paramount Tower A apartment, contact Rich Property Real Estate Brokerages LLC on +971 56 887 7078 or invest@richproperty.ae.


Property Details

  • Community Business Bay
  • Tower / Building Damac Towers by Paramount Hotel & Resort Tower A
  • Furnishing Furnished
  • Ownership Freehold
  • Completion Status Ready
  • Reference No. RP-195

Features & Amenities

  • Barbeque Area
  • Kids Play Area
  • Swimming Pool
  • Balcony or Terrace
  • Lobby in Building
  • Prayer Room
  • Reception/Waiting Room
  • CCTV Security
  • Satellite/Cable TV
  • Double Glazed Windows
  • Centrally Air-Conditioned
  • Furnished
  • Freehold
  • 24 Hours Concierge

Address

Image icon Damac Towers by Paramount Hotel & Resort Tower A

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1,700,000 AED

Agent Image
Tanzila Khusen

Property Consultant

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DLD Permit

DLD Permit QR

7117446166

Updated 18 Oct 2026 · Verified by Rich Property, DLD-licensed

Business Bay at a glance

In Business Bay, this ready 1-bedroom apartment in Damac Towers by Paramount Hotel & Resort Tower A is listed at AED 1,700,000 (AED 1,360 per sq ft). Business Bay is the high-density district directly behind Downtown Dubai, wrapped around the Dubai Water Canal. Read the Business Bay area guide.

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Recent DLD sales: 1 B/R apartments in Business Bay

Median registered price AED 2,092 / sq ft across 747 sales in the last 180 days. This listing is asking AED 1,360 / sq ft (-35% versus that median; registered prices lag asking prices and exclude furnishing, floor and view).

DateProjectBedsSizePriceAED/sq ftType
02 Nov 2026DAMAC TOWERS BY PARAMOUNT1 B/R929 sq ftAED 1,878,7202,022Ready
30 Oct 2026Binghatti Aquarise1 B/R832 sq ftAED 2,000,0002,405Off-plan
30 Oct 2026Binghatti Aquarise1 B/R823 sq ftAED 2,000,0002,431Off-plan
30 Oct 2026Urban Life1 B/R1,045 sq ftAED 2,327,5002,228Off-plan
30 Oct 2026One by Binghatti1 B/R767 sq ftAED 2,008,4992,617Off-plan
30 Oct 2026The EDGE1 B/R696 sq ftAED 1,450,0002,083Ready
30 Oct 2026CHURCHILL TOWER1 B/R782 sq ftAED 1,160,0001,483Ready
30 Oct 2026URBAN OASIS1 B/R774 sq ftAED 1,350,0001,744Ready

Source: Dubai Land Department open data (registered sales, Dubai Open Data Licence), last updated 02 Nov 2026. Registered prices are not asking prices; figures are aggregates and contain no personal data.

All Business Bay sold prices and the latest 50 transactions →

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