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PARAMOUNT TOWER HOTEL & RESIDENCES

1 149 995 AED - 3 400 000 AED
ID 27
Location:Business Bay, Dubai
TypeDevelopment
Completion dateI quarter, 2022 (Completed)
Studiomin. 1 149 995 AED
1 bedroommin. 1 500 000 AED
2 bedroomsmin. 1 849 888 AED
3 bedroomsmin. 3 100 000 AED
Living space48 - 158 m²
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Advantages
Type of buildings:
Residential
Starting price
AED 900 000
The commissioning of the object
Q1-2022
Prestigious neighborhood
Apartments with ready-made finishing and interior decoration

Location

  • Panoramic view
  • Beautiful view

Features

  • Roof terrace
  • Internet
  • Air Conditioners
  • Premium class

Indoor facilities

  • Bar
  • Cinema
  • Recreation area
  • SPA center
  • Fitness room
  • Covered parking
  • Underground parking lot

Outdoor features

  • CCTV
  • Security
  • Landscaped garden
  • Concierge
  • Swimming pool
  • Shop

Features

  • PARAMOUNT TOWER HOTEL & RESIDENCES by Damac Properties in Business Bay, Dubai, UAE - 2
  • PARAMOUNT TOWER HOTEL & RESIDENCES by Damac Properties in Business Bay, Dubai, UAE - 3
  • PARAMOUNT TOWER HOTEL & RESIDENCES by Damac Properties in Business Bay, Dubai, UAE - 4

Type of complex

DAMAC Towers by Paramount Hotels & Resorts is a project launched in Business Bay by one of Dubai's largest property developers, DAMAC Properties, in collaboration with Paramount Hotels & Resorts. The complex consists of four towers, three of which are allotted for residential use with 1,200 apartments, and the fourth is a branded hotel with 800 exclusive rooms.

The buildings of the complex have 68 floors and are 270 meters high. The project offers the best real estate in Dubai for business and residence.

Uniqueness

The buildings of the mixed-use complex are located on a common multi-level podium, which houses all the important infrastructure of the project, including swimming pools, chic bars, restaurants, cafes, playgrounds, cinemas, and a fitness center.

The complex has quick access to the Dubai Mall and the Burj Khalifa skyscraper. Paramount Towers has a private parking lot where residents can make use of valet parking. Guests can leave their cars in free parking within close proximity.

PARAMOUNT TOWER HOTEL & RESIDENCES by Damac Properties in Business Bay, Dubai, UAE - 5
PARAMOUNT TOWER HOTEL & RESIDENCES by Damac Properties in Business Bay, Dubai, UAE - 6

Architecture and design

Residences at DAMAC Paramount Towers feature modern interiors and impressive amenities. Studios and one, two, and three-bedroom apartments with multiple floor plans to choose from are available for purchase. Residents here are given the opportunity to enjoy the most luxurious lifestyle close to the heart of Dubai.

Economic attractiveness

Depending on the layout, the cost of the apartments may vary. Real estate investments at Paramount Tower Hotel & Residences are available from AED 1,190,019 ($323,991, ¥2,148,060) to AED 3,200,000 ($871,222, ¥5,776,204). You can also use the services of the management company Paramount Hotels & Resorts, the professionals you can trust to manage your property while you receive a passive income of up to 6.97% per year.

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PARAMOUNT TOWER HOTEL & RESIDENCES by Damac Properties in Business Bay, Dubai, UAE - 8

Builder

DAMAC Properties is the largest developer in the UAE with an impressive list of projects. Founded in 2002, the company has to date sold more than 39,400 commercial and residential properties in iconic areas of Dubai and the UAE.

Location
Dubai Mall
3.9 km
School
1000 m
Bank
900 m
Burj Khalifa
1.9 km
Pharmacy
1.2 km
Airport
15 km
Fountain Dubai
4 km
Sea
3 km
Properties in PARAMOUNT TOWER HOTEL & RESIDENCES
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Founded in

DAMAC Properties has been shaping the Middle East’s luxury real estate market since 2002, delivering iconic residential, commercial and leisure properties across the region and beyond. DAMAC adds vibrancy to the cities in which its projects are...

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    CANAL HEIGHTS 2
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    1 301 000 AED - 5 755 000 AED
    Type DevelopmentCompletion date: III quarter, 2027 (Off-plan)Studio: min. 1 301 000 AED1 bedroom: min. 1 764 000 AED2 bedrooms: min. 3 404 000 AED3 bedrooms: min. 5 646 000 AEDDistance to the sea 6000 m
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  •
    CANAL CROWN APARTMENTS
    Dubai
    1 126 000 AED - 9 126 000 AED
    Type DevelopmentCompletion date: III quarter, 2027 (Off-plan)Studio: min. 1 126 000 AED1 bedroom: min. 1 994 000 AED2 bedrooms: min. 3 419 000 AEDDistance to the sea 8500 m
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  •
    DAMAC CHIC TOWER
    Dubai
    823 000 AED - 3 280 000 AED
    Type DevelopmentCompletion date: II quarter, 2026 (Off-plan)Studio: min. 823 000 AED1 bedroom: min. 1 460 000 AED2 bedrooms: min. 2 736 000 AEDDistance to the sea 8300 m
    Details
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