Business Bay · Listing

Premium 3BR | High Floor | Panoramic View | Apartment in Business Bay

AED 5,217,000

AED 2,495 per sqft

Permit Pending Verification

Premium 3BR | High Floor | Panoramic View | Apartment in Business Bay

Business Bay, Dubai
5mo ago
3
Beds
4
Baths
2,091
Sqft
apartment
Type

About This Property

Premium 3 bedroom apartment available in Paramount Tower, Business Bay. This 2091 sqft property offers excellent value at AED 5,217,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views147
Reference5a559ce5-215d-4946-aa91-e117149b3693

Area & Neighborhood Guide

8.7/10
Investment Score
8.2%
Avg. Yield
+18.3%
1Y Growth
High
Market
Schools
1
Healthcare
1
Transport
1
Retail
1
Green space
0
Waterfront
0

Nearby Amenities & Landmarks

Bay Avenue Mall
Dubai Canal
Business Bay Metro
JW Marriott
GEMS Modern Academy
Aster Hospital
Canal Walk

Upcoming Developments

Canal District Phase 3
New commercial towers
Waterfront promenade extension

Demographics

45K+
Residents
31
Avg. Age
88%
Expats

Paramount Tower

· Business Bay
Leaflet © Mapbox © OSM

Premium Property

Positioned above market average

This is a premium-positioned property in Business Bay. Asking AED 2,495/sqft vs market average of AED 2,226/sqft. Premium pricing reflects location desirability, unit quality, and market positioning.

Investment ROI Calculator

Based on 5 rental comparables in Business Bay

Excellent Yield
Gross Yield
10%
Excellent Yield
Net Yield
9.4%
After charges
Estimated Rental Income
Monthly
AED 43,475
Annual
AED 521,700
Service Charge: AED 31,365/yr15 AED/sqft
AqarSouq AI service-charge estimatemedium confidence
AED 12–18/sqftannual

Area-level fallback: [object Object] · Mid-tier development with standard amenities and facilities typical of newer Dubai communities, moderate maintenance requirements.

Source: AqarSouq AI (Claude). Always verify with the OA / DLD Mollak schedule before transacting.

Capital Appreciation (Dubai)
vs Area Average116% above avg

Mortgage Calculator

Estimated Monthly Payment

AED 24,374

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 1,043,400)
5%80%
4.99%
2%8%
Property PriceAED 5,217,000
Loan AmountAED 4,173,600
Total InterestAED 3,138,642
Total Cost (Principal + Interest)AED 7,312,242

Estimated Upfront Costs

Down PaymentAED 1,043,400
DLD Registration (4%)AED 208,680
Agency Fee (2%)AED 104,340
Total UpfrontAED 1,356,420

Recent Apartment Transactions

Similar apartments sold in Business Bay

AED 4.40M

Avg. Price

AED 2,129.22

Avg. /sqft

5

Transactions

AED 4.75M8.9% below this listing
9 May 2026 3 Bed 2,248 sqftAED 2,113/sqft
Completed Sale
AED 4.22M19.0% below this listing
9 Apr 2026 3 Bed 2,012 sqftAED 2,100/sqft
Completed Sale
AED 4.13M20.8% below this listing
10 Mar 2026 3 Bed 1,957 sqftAED 2,112/sqft
Completed Sale
AED 3.19M38.8% below this listing
10 Mar 2026 3 Bed 1,665 sqftAED 1,917/sqft
Completed Sale
AED 5.69M9.2% above this listing
9 Jan 2026 3 Bed 2,368 sqftAED 2,405/sqft
Completed Sale

Transactions shown are for similar apartments in Business Bay. Prices may vary based on floor, view, and finishing.

Regulatory Compliance — Dubai Land Department (RERA)

Permit Required
DLD Permit No.Pending — agent must add
Listed By—
Agency—
Permit Valid UntilNot provided

Verify this permit: dubailand.gov.ae/trakheesi-service

Alternatively, scan the permit in the official Dubai REST app (iOS & Android).

Comparables

Similar properties nearby

3 BR apartment · Business Bay

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