Become the owner of a hotel room in Dubai (UAE) Paramount Tower Hotel & Residences Dubai. Perspective profit up to 30% for 3 years

Now you have an opportunity to become the owner of your own hotel room in Dubai (UAE), located in the magnificent Paramount Tower Hotel & Residences Dubai. In this article we will discuss the offer by Paramount Tower Hotel & Residences Dubai from DAMAC Properties: a promising investment with a unique opportunity for you to make a profit of 30% for three years. This facility, ideally located in the heart of Dubai downtown, will allow you to become part of the thriving hotel market in Dubai.

In addition, you can stay in your room for free 14 nights a year.

Why is it worth investing in Dubai real estate?

  • Expo 2020 Exhibition. Theevent is expected to host over 25 million businesspeople and tourists, 70 percent of whom are expected to arrive from abroad. 
  • Investor friendly environment. Optimal regulation of the private sector, minimal control by the state, and open economic policy contribute to growth in foreign direct investment. 
  • World-class infrastructure. Significant investments in industrial infrastructure, telecommunications, and transport make the emirate even more attractive to new investors. 
  • Tax effectiveness. The emirate exempts UAE residents from income tax and VAT on residential real estate for investors. 

Why choose DAMAC Properties as the right developer for investing in real estate in Dubai?

The DAMAC Properties, as a developer has been in luxury real estate construction business in the Middle East since 2002. For its customers, it offers luxurious commercial, residential and recreational facilities throughout the region, including the United Arab Emirates, Jordan, Saudi Arabia, Lebanon, Qatar, and the UK.

The Paramount Tower Hotel & Residences is Dubai by DAMAC Properties may be the perfect choice for investment in real estate in Dubai  

Your own five-star hotel room or suite is clearly an indicator of absolute luxury. You will witness the attention to detail in every aspect of the Paramount Tower Hotel & Residences, and feel the specifically designed smart style of the complex overall performance.

Ideally located in the heart of Dubai, the Paramount Tower Hotel & Residences offers investors a great opportunity to become part of Dubai’s thriving hotel market while earning impressive return on investments.

The Paramount Tower Hotel & Residences is a tower with more than 258 meters of height, which comprises a hotel and served residences.

The tower offers a magnificent view of the Burj district, as well as the famous palm islands, the World Islands and the famous Burj Al Arab.

On the ground floor of the 63-story tower, branded goods stores are located; the entrance to the hotel is marked with the massive Paramount Hotels & Resorts sign for the convenience of guests and residents of Dubai. The tower is just a 15-minute drive from Dubai International Airport. In addition, two metro stations are in the immediate vicinity.

The luxurious rooms are located from the 15th to the 25th floor. An impressive home theater and access to the Paramount Pictures movie library are at your service for extended comfort and inspiration for creativity.

At Paramount Tower Hotel & Residences you will find:

  • rooftop infinity pool with stunning views of the Burj area;
  • roof terrace with seating places;
  • restaurants with world-class chefs and cafes with inspiring menus;
  • fitness and wellness centers;
  • branded retail stores;
  • luxurious spa;
  • kids’ studio club;
  • a fully equipped fitness room;
  • conference rooms and facilities for events.

Advantages of investing in Paramount Tower Hotel Dubai, one of the best and most profitable properties in Dubai

Invest in the Paramount Tower Hotel Dubai and you will:

  • become a part of a unique rental pool;
  • become the owner of a five-star hotel room or suite;
  • become a shareholder in a profitable hotel business:
  • enjoy high annual profitability – 5-7% is forecasted during the first five years;
  • expect to increase capital;
  • expect a share of 40 percent of total revenue.

Moreover, other benefits of ownership:

  • zero service charge;
  • zero utility bills;

Finally, you can enjoy 14 nights of free accommodation per year.

The company offers to earn up to 30% of guaranteed net rental income within 3 years.

Prices start at AED 1,196,000 ($ 325,900).

You can pay by installments.

Payment plans:

For studios (installments 1 year after completion)
Installment Percent
1st installment (deposit) 10% plus 4% registration fee at RERA
2nd installment in over 120 days 10%
3rd installment in over 300 days 20%
4th installment upon completion of construction 20%
5th installment within 90 days from the completion of construction 10%
6th installment within 180 days from the completion of construction 10%
7th installment within 270 days from the completion of construction 10%
8th installment within 360 days from the completion of construction 10%

For one and two-bedroom apartments (installment option within 2 years after construction completion)
Installment Percent
1st installment (deposit) 10% plus 4% registration fee at RERA
2nd installment in over 120 days 10%
3rd installment in over 300 days 20%
4th installment upon completion of construction 20%
5th installment within 90 days from the completion of construction 5%
6th installment within 180 days from the completion of construction 5%
7th installment within 270 days from the completion of construction 5%
8th installment within 360 days from the completion of construction 5%
9th installment within 450 days from the completion of construction  5%
10th installment within 540 days from the completion of construction  5%
11th installment within 630 days from the completion of construction  5%
12th installment within 720 days from the completion of construction  5%

For more detailed information, contact us by email: [email protected]. You can also make inquiries to our specialists in relation to immigration to the UAE and obtaining a resident visa.  


Tags

You are welcome to review other interesting articles on uaewealth.info: