Guaranteed income.
The property is located in the luxury commercial area of Business Bay.
We offer a studio with a balcony and a covered parking space.
Unlock a seamless investment opportunity in the heart of Dubai's thriving Business Bay with a room in the Paramount Hotel. Designed for discerning investors, this offering combines high potential ROI with the ease of hands-off management, as the hotel's experienced team takes care of everything.
This investment is not just about owning a piece of real estate; it's about being part of Dubai's luxury hospitality scene in a location that's synonymous with success. Business Bay is a dynamic area known for its skyscrapers, upscale lifestyle, and proximity to Dubai's landmarks like the Burj Khalifa and Dubai Mall, making it a magnet for business travelers and tourists alike.
Investing in Paramount Hotel offers more than just returns; it provides a stake in Dubai's luxury lifestyle, attracting a global clientele. Perfect for investors seeking growth without the complexities of property management.
Garden
Car parks
Children playground
Elevator
Fitness
Spa
Swimming pool
Guaranteed income.
The property is located in the luxury commercial area of Business Bay.
If this property wasn’t for you, take a look at other new buildings in Business Bay.
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Send us an enquiry with an approximate description of the property or investment project you’re interested in.
After clarifying your enquiry, we will introduce you to our partners and/or local agents.
We will help you to select suitable options. Tranio does not charge a commission for this — the property price remains the same as if you contacted our partner directly.
You then view the property or properties you have chosen. Our partners or agents from Tranio's European offices will meet you in situ.
Having chosen the best property, you will sign the sales or investment agreement (for development).
It depends on the country. For example, German banks willingly offer mortgages to foreigners at 1.5-2 % per annum with LTV up to 70%. Spain offers less favourable terms: the minimum rate for foreigners is 2.5% per annum. The situation is different in Greece: although the law does not prohibit banks from issuing loans, in practice, Greek banks don’t issue loans to local nor foreign property buyers. You can learn about the mortgage terms in your preferred country by contacting Tranio’s local agents.
The purchase procedure depends on the country where you buy property. Generally, after choosing a property you need to sign a preliminary agreement with the seller and carry out a due diligence of the property by checking the relevant documents and the property's technical condition. After that, all parties sign the sales agreement and the notary registers the transaction. As a rule, the purchase registration costs amount to approximately 10% of the property price.
In some countries it is possible. Residence-for-property purchase programmes are known as Golden Visas programmes. Greece, Spain and Latvia offer the most popular Golden Visas in Europe. The Greek residence permit is the cheapest and can be obtained by buying a property worth at least €250,000, while organising all of the documents costs about €19,000. Certain countries offer citizenship to property buyers — for example, an investor can get their hands on a Turkey passport by buying a property worth at least $400,000.
We share the commission, which the buyer or the seller (depending on the country) pays to our partners — foreign real estate agencies. The price of this service is the same as if you contacted the agency directly — this is an important condition and applies to all of our partnership agreements.
The transaction security is guaranteed by the notary who draws up the sales agreement and checks the information on the previous and current owners of the property, any outstanding restrictions, mortgage, and third-party encumbrances. Tranio is not responsible for the parties involved in the transaction.