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Damac Paramount Towers

Damac Paramount Towers

Business Bay, Dubai

ApartmentsHotel apartmentsBusiness BayOn Sale

PROJECT OVERVIEW

A Signature Address in Dubai

Project Overview

DAMAC Towers by Paramount Hotels & Resorts is an iconic hotel and residential complex located in the prestigious Burj area of Dubai. The development features four impressive towers, including three towers with around 1,200 luxury apartments and a fourth tower dedicated to the Paramount Hotel, offering a glamorous lifestyle inspired by Hollywood elegance.

The project is designed to deliver luxury living with a cinematic touch. The apartments feature thoughtful layouts, high-quality finishes, fully equipped kitchens, and fully furnished interiors, creating a ready-to-live experience with refined comfort. The lobby and shared spaces reflect the signature style of a major Hollywood studio, with dramatic design, subtle lighting, and a grand atmosphere that makes every arrival feel special.

Location & Amenities

DAMAC Towers by Paramount Hotels & Resorts is located in Dubai’s vibrant Burj area, one of the city’s most sought-after lifestyle and business destinations. The location places residents close to world-class shopping, fine dining, entertainment, cultural attractions, and landmark destinations.

Residents can enjoy a wide range of premium amenities, including speciality dining options, dine-in cinema, wellness centres, swimming pools, Kids Studio Club, luxury hotel facilities, grand lobby areas, and multi-level plaza spaces. The development is also close to DIFC, educational institutions, medical facilities, museums, art galleries, and Dubai International Airport, offering a complete lifestyle with comfort, convenience, and entertainment at the centre of Dubai.

Project Snapshot

Starting Price

AED 1.1M

Bedrooms

0,1,2,3,4

Area Range

451 - 2,801 sqft

Completion

Sep 2018

Project Type

Apartments, Hotel apartments

Status

On Sale

PRICE RANGE

AED 1.1M - AED 5.5M

Completed

Location

Business Bay, Dubai

Developer

DAMAC Properties

Lifestyle Highlights

Fitness CentreEat And DrinkSwimming PoolDine-In CinemaWellness Features

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PROJECT GALLERY

Visual Journey

Explore curated moments across every space and angle of the project.

Choose Your Ideal Layout

Compare bedroom options, pricing, and size details to find the best fit for your lifestyle.

Damac Paramount Towers 0 Bedroom

Bedroom

0 Bedroom

Apartments
Price

AED 1.1M - AED 1.7M

Area

451 - 637 sqft

Currency

AED

Damac Paramount Towers 1 Bedroom

Bedroom

1 Bedroom

Apartments
Price

AED 2.0M - AED 2.8M

Area

929 - 1,155 sqft

Currency

AED

Damac Paramount Towers 2 Bedroom

Bedroom

2 Bedroom

Apartments
Price

AED 2.9M - AED 3.2M

Area

1,388 - 1,517 sqft

Currency

AED

Damac Paramount Towers 3 Bedroom

Bedroom

3 Bedroom

Apartments
Price

AED 3.8M - AED 4.3M

Area

1,744 - 2,014 sqft

Currency

AED

Damac Paramount Towers 4 Bedroom

Bedroom

4 Bedroom

Apartments
Price

AED 5.5M - AED 5.5M

Area

2,801 - 2,801 sqft

Currency

AED

Personalized Assistance

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Request Unit Details

Facilities & Features

Lifestyle Essentials

Premium amenities and signature features curated for elevated daily living.

Fitness Centre

Fitness Centre

Eat And Drink

Eat And Drink

Swimming Pool

Swimming Pool

Dine-In Cinema

Dine-In Cinema

Wellness Features

Wellness Features

PAYMENT PLAN

Flexible Options

Transparent milestones and fees to help you plan with confidence.

Q3 2018

Payment Plan

Predicted completion: Sep 2018

On booking

20%

TBA

On Booking20%
DLD Fee4%
Oqood FeeAED 1000.00

Post Handover

80%

TBA

From 3 to 24 months after booking (7% quarterly)56%
From 27 to 36 months after booking (6% quarterly)24%

Fees Overview

pre booking feesIncluded
on booking fees4%
down payment feesIncluded
during construction feesIncluded
on handover feesIncluded
after handover feesIncluded

Q3 2018

Payment Plan 2

Predicted completion: Sep 2018

On booking

100%

TBA

On booking100%
DLD Fee4%
Oqood FeeAED 1000.00

Fees Overview

pre booking feesIncluded
on booking fees4%
down payment feesIncluded
during construction feesIncluded
on handover feesIncluded
after handover feesIncluded

LOCATION

The Neighborhood

Positioned with seamless connectivity to Dubai's key lifestyle destinations.

Damac Paramount Towers map

Project Address

Damac Paramount Towers - Dubai - United Arab Emirates

Business Bay, Dubai
View on Maps

Completion Timeline

Target handover: Sep 2018

Completed
Total properties: 49
DAMAC Properties

DAMAC Properties

Developer Partner
DAMAC Properties is a major developer specializing in luxury real estate development in Dubai and other regions. The company was founded in 2002 and has since earned a reputation as one of the leading real estate developers in the United Arab Emirates. The company is known for its ambitious projects that epitomize luxury, style and innovation. It specializes in creating high-end residential complexes, apartments, villas, hotel and commercial properties. The developer is known for its wide portfolio of projects of various formats, from modern skyscrapers to boutique villas in exclusive neighborhoods. One of the highlights of DAMAC Properties' success is its golf course projects, which include luxury residential complexes and villas located around first-class golf courses. The company also actively collaborates with global fashion and design brands such as Versace and Fendi to create unique interiors and design concepts. The developer stands out for its high quality construction, innovative design approaches and unique concepts that make its projects desirable to locals and foreign investors. The company continues to develop and strengthen its position in the real estate market, offering unmatched quality and comfort to its clients.
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