Apartments for sale - Dubai - Buy for $163,457

Damac Towers by Paramount Hotels & Resorts is Hollywood-inspired four-tower development overlooking the Burj Area in Dubai. fam Properties presents this iconic themed Hotel Apartment in Damac Towers by Paramount (Tower C) also known as the Paramount Hotel & Resort. A luxury iconic development by Damac Properties in the heart of the city. This hotel apartment is managed and operated by the branded Paramount Hotel & Resorts. Take advantage of this opportunity to own a hotel suite in a branded hotel. Damac Towers by Paramount Tower C Hotel Apartments Investors may stay in the unit (holiday in it) 15 days out of the year. A great investment opportunity with high ROI. - High-Floor - Spacious Studio Hotel Apartment - Great Views - Fully Furnished & Branded - Very High Standard of Finishing - Floor-to-Ceiling Windows -Allocated Parking Space - Ready! Luxurious Hotel in Full Operation - World Wide Recognized Paramount Hotel & Resorts Brand -Hotel ROOM not a hotel apartment -For investment only -Managed by the hotel only -You cannot live in the apartment -You cannot rent the apartment yourself -No service charges as it s automatically deducted from the income -Rental income depends on the market performance -Income is split as profit for you 60/40 for the hotel -View and floor doesn t matter because the income depends on the size of the unit only so the lower the price per sqft, the higher the ROI. -The bigger the unit, the better. -24/7 Front Desk -24/7 Security -Business Center -CCTV Cameras -Children's Playroom / Play area -Children's pool -Conference Facilities -Daily Housekeeping -Gym / Health Club -High-speed elevators -High-end Lobby -Key Card Security Access -On-site Maintenance -Residents' lounge -Sauna -Spa -Swimming Pool ¶ Property Features: * Built In Wardrobes* Kitchen Appliances* Balcony* Basement* Elevator* High floor* Waterfront View* Landmark view* Furnished ♣ fam Properties Office Registration no: 1858 RERA Broker ID