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.
Damac Towers by Paramount Hotel & Resort Tower A
Map shows the building or area from the listing address. Contact our team to confirm the viewing location.
Updated 11 Oct 2026 · Verified by Rich Property, DLD-licensed
About Business Bay
Business Bay is the high-density district directly behind Downtown Dubai, wrapped around the Dubai Water Canal. It started as a commercial zone and is now one of the largest residential apartment markets in the city: hundreds of towers, a strong furnished and short-let segment, and prices well below Downtown for the same skyline. Read the Business Bay area guide.
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Recent DLD sales: 1 B/R apartments in Business Bay
Median registered price AED 2,129 / sq ft across 616 sales in the last 180 days. This listing is asking AED 1,360 / sq ft (-36% versus that median; registered prices lag asking prices and exclude furnishing, floor and view).
| Date | Project | Beds | Size | Price | AED/sq ft | Type |
|---|---|---|---|---|---|---|
| 12 Oct 2026 | NOBLES | 1 B/R | 910 sq ft | AED 1,400,000 | 1,539 | Ready |
| 12 Oct 2026 | Urban Life | 1 B/R | 764 sq ft | AED 1,852,399 | 2,424 | Off-plan |
| 12 Oct 2026 | Binghatti Skyrise | 1 B/R | 1,022 sq ft | AED 2,507,499 | 2,454 | Off-plan |
| 11 Oct 2026 | One by Binghatti | 1 B/R | 1,020 sq ft | AED 2,275,000 | 2,230 | Off-plan |
| 10 Oct 2026 | The Paragon By IGO | 1 B/R | 655 sq ft | AED 1,048,706 | 1,601 | Ready |
| 09 Oct 2026 | SLS DUBAI | 1 B/R | 1,163 sq ft | AED 1,900,000 | 1,634 | Ready |
| 09 Oct 2026 | AYKON CITY | 1 B/R | 873 sq ft | AED 1,130,000 | 1,295 | Ready |
| 09 Oct 2026 | Binghatti Aquarise | 1 B/R | 713 sq ft | AED 1,900,000 | 2,664 | Off-plan |
Source: Dubai Land Department open data (registered sales, Dubai Open Data Licence), last updated 12 Oct 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 →