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Paramount Hotels ResortsAT BUSINESS BAYSTUDIO Hotel Apartment - Free hold Development For SaleLocated At Busyness Bay, located on own plot, Large development by Paramount and DamacLuxury Furnished Studio underManagementoffamousParamountWill offer you higher Rental Income and ability to stay inBeautifulareaaroundtheworld-wstarsStudio hotel Located on 12th floor above 8th floors podiumSize: 556 Sq. FtPrice: 1,150,000. AEDFor Inquiries, please callAlena : Mobile 1:+971 50 625 5341 Mobile 2: +971 50 359 6079 Phone : +971 4 360 5561 Email : alena@mpd.ae www.mpd.ae RERA :30324We have more than 200 properties here in Downtown Dubai CALL US NOW FOR MORE DETAILS!Property will offerPARAMOUNT HOTEL - luxury hotel in Dubai in collaboration with the luxury hotel operator, Paramount Hotels Resorts.We are in a unique position to be able to bring the very best technological practices being used in the Hollywood blockbusters seen on screen, into a cinematic andtrans-formativehotel environment, which will make every moment in the Paramount Hotel Dubai, Downtown anengaging and refreshing experience, said Thomas van Vliet, Chief Executive Officer at Paramount Hotels Resorts. Dubai is perfectly positioned to further entice international visitors, with a pleasant climate, safe environment, amazing shopping experiences and globally-recognized tourist attractions.Boasting 1,250 luxury rooms and suites, the Paramount Hotel Dubai, Downtown will showcase timeless Hollywood elegance meets Californian lifestyle with contemporary styling, and a polished integration of elements of Paramount Pictures movies through high tech media mapping and digital signage. As a compliment, the property will honor its own identity influenced by the local creative communities, becoming a living showcase of contemporary arts reflected in every facet of the hotel.Concept design of the project which will be developed on a plot located just off Sheikh Zayed road in the Downtown area is already underway with the hotel set to open its doors in 2018.The number of visitors to Dubai is set to double in the next six years and the Paramount Hotel Dubai, Downtown will support the growth with a high-end, theatrical and immersive experience for international touristsWith the sales launch planned for early next year, the Paramount Hotel Dubai, Downtown will present an opportunity for investors to buy into Dubais booming tourism market, which is set to exceed 20 million tourists by 2020. The impact of hosting the World Expo the same year is anticipated to significantly grow that number.The hotel rooms will be made available for investment during the build phase of the project, with buyers able to capitalize on revenue from the room rates when the project opens. According to the latest figures release by the Department for Tourism and Commerce Marketing (DTCM), hotels in Dubai welcomed more than 5.8 million tourists in the first half of 2014, which is a record half-year record for the emirate. About Business Bay:Property Types Available: Apartments, OfficesLocation: Sheikh Zayed Road, Al Khail RoadStatus: Ready, Under ConstructionYear Launched: 2003Developer: Dubai Properties GroupTitle Type: FreeholdLife Cycle: EmergingOverview of Business Bay:The area of Business Bay is approximately 64 million sq. ft. and it stretches from Sheikh Zayed Road up to Al Khail Road. The Business Bay master-plan has close to 250 building plots.In 2005, the master developer, Dubai Properties Group started selling plots in Business Bay to private developers for development. Plots in Business Bay have different uses: residential, commercial, hospitality and mixed-use. Certain plots were held by Dubai Properties Group where they launched their own projects such as Executive Towers and Vision Tower.Positives:Fantastic location. Right off Sheikh Zayed Road, bordering the luxurious Downtown Burj Dubai area, close to DIFC and the airport.The buildings in Business Bay have some of the best architecture (in terms of uniqueness) of any community in Dubai.Mixed use - will emerge as the main business district of the city regardless of challenges.Company name: Metropolitan Premium PropertiesRERA ORN: nikitaAddress: office 1913, Al Manara Tower, Bussines Bay, Dubai- UAEOffice phone no: +971 503596079Office fax no: +971 4 360 5561Primary email: info@mpd.aeWebsite: www.mpd.aeCompany Profile: Metropolitan is a group of companies located in the very center of Dubais downtown. The group consists of the following; Property Agencies, Legal Companies and a number of other structural subdivisions. Metropolitan Premium Properties successfully acquires, sells, rents and leases the living and commercial property. Since becoming established in November 2012 the company can boast of having already gained enormous popularity not only among private customers, but also within the Real Estate market professional participants, such as large international builders, investment companies and broker companies but to name a few.The Base of our Portfolio comprises of more than 1200 variants in sales and leases for secondary the UAEs market and inconceivable base, consisting of more than 6000 projects, for Primary market. All of which becomes possible with an individual and tailored approach to each client and the orientation upon the permanent growth and perfection of the service quality. We are an existing member of CIPS.PROPERTY FEATURES:-Balcony-Basement parking-BBQ area-Broadband ready-Broadband ready-Built in wardrobes-Carpets-Central air conditioning-Covered parking-Fully furnished-Gazebo and outdoor entertaining area-Gymnasium-Jacuzzi-Marble floors-On mid floor-Sauna-Shared swimming pool-Steam room-Upgraded interior-Children's play area-Communal gardens-Mosque-Public park-Public parking-Public transport-Restaurants-Shopping mall-Shops-Squash courts-Tennis courts