DAMAC Paramount Towers
DAMAC Paramount Towers
Urban Living
High-Rise
Luxury
High ROI

DAMAC Paramount Towers by DAMAC Properties

Business Bay, Dubai

project Overview for DAMAC Paramount Towers

AED 670,000

priceTagStarting Price

statusStatus

Ready

completionCompletion Date

N/A

developer
Developed by
DAMAC Properties
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Hisham Alibraheem

Hisham Alibraheem

Agent

Development Details & Types
DAMAC Paramount Towers
Min-Max Size

498 - 1,513 sq.ft

DAMAC Paramount Towers
Apartments

1 - 3 Bed

property

About DAMAC Paramount Towers

Experience Hollywood Glamour in the Heart of Dubai

DAMAC Paramount Towers, a collaboration between DAMAC Properties and Paramount Hotels & Resorts, brings the iconic glitz and glamour of Hollywood to the vibrant Business Bay district of Dubai. This striking four-tower development features three residential towers offering studios and 1 to 3-bedroom apartments, and a dedicated hotel tower. Soaring to approximately 270 meters, these architectural masterpieces redefine luxury living with their stunning design and prime location.

Step inside and discover exquisitely designed interiors, crafted with high-quality materials and finishes. Enjoy expansive living spaces maximized by innovative layouts and abundant natural light. Experience a seamless blend of comfort and convenience, thanks to the incorporation of modern amenities and thoughtful details.

Experience Hollywood Glamour in the Heart of Dubai
Unrivaled Amenities and a Prime Location

Unrivaled Amenities and a Prime Location

DAMAC Paramount Towers offers an array of exclusive amenities designed to enhance your lifestyle. Enjoy convenient access to a state-of-the-art fitness center, a refreshing swimming pool, a rejuvenating whirlpool and hot tub, and a dedicated children's play area. The towers are interconnected by a multi-level space offering diverse dining, entertainment, and social venues. Concierge services are available 24/7 to cater to your every need. Valet parking and high-speed elevators add to the unparalleled convenience.

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Explore the Lifestyle & Amenities at DAMAC Paramount Towers

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Gym

Explore the premium amenities and features

Check how they align with your lifestyle and investment goal.

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A Closer Look at the Features of DAMAC Paramount Towers

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Balcony

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Built-in Wardrobes

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Central A/C

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Balcony
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Experience the Views from DAMAC Paramount Towers

Enjoy breathtaking views of Dubai's iconic skyline and the surrounding cityscape from your luxurious apartment. Many units offer panoramic vistas that showcase the city's beauty and dynamic energy. Experience the unparalleled beauty of Dubai from your own private haven.

about Developer

About DAMAC Properties Developer

DAMAC Properties

DAMAC Properties is a leading real estate developer in the Middle East, established in 2002. They have transformed the luxury property market in the region with iconic projects across the UAE, Jordan, Saudi Arabia, Qatar, Turkey, Lebanon, and the UK. With a portfolio of over 35,000 completed projects and 30,000 more underway, DAMAC is renowned for its innovative designs, high-quality construction, and partnerships with global luxury brands like Versace, Cavalli, Paramount, and Fendi. Their mission is to position the UAE as a global hub for trade, hospitality, and lifestyle.

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About Business Bay

Urban Living

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Dubai Water Canal

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A dynamic hub of commerce and luxury living, Business Bay is Dubai’s answer to Manhattan and Ginza.

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Stay updated with the latest transactions report for Business Bay in Dubai. Gain insights to guide your property investments.

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about Property

Project Status and Details for DAMAC Paramount Towers

Status

Status

Off-Plan
yearBuilt

Completion Date

N/A
developer

Developer

DAMAC Properties
DAMAC Paramount Towers

Discover Dubai Real Estate in One Click: Your Fast Track Guide to Property Opportunities

Dubai's real estate market is full of opportunities for buying, selling, renting, and investing. In 2023 alone, the market saw over AED 407 billion in sales, attracting buyers from around the world. Dubai's prime location, business-friendly environment, and zero property taxes make it the top choice for real estate investments. This guide is designed to help you take advantage of the best opportunities in the Dubai real estate market.

Answer a few simple questions to discover exclusive insights and opportunities just for you. Let's start your journey to finding the perfect property in Dubai!

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Frequently Asked Questions

Who developed DAMAC Paramount Towers?
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DAMAC Paramount Towers is a joint venture between DAMAC Properties and Paramount Hotels & Resorts.

Where are DAMAC Paramount Towers located?
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The towers are situated in the prestigious Business Bay area of Dubai, offering easy access to major transportation links and key city attractions.

What types of properties are available?
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DAMAC Paramount Towers offers a range of studios and apartments with 1, 2, and 3 bedrooms, providing a variety of options to suit different lifestyles and needs.

What amenities are available to residents?
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Residents enjoy access to a fully equipped gym, swimming pool, whirlpool, hot tub, children's play area, valet parking, high-speed elevators, and 24/7 concierge services. A multi-level space connects the towers, providing various bars, cafes, and restaurants.

What is the approximate cost of properties?
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Prices vary depending on the size and type of unit. As of 2020, a studio apartment started at approximately USD 182,412 (AED 670,000), while a two-bedroom apartment was priced around USD 441,056 (AED 1,620,000). Please contact us for the most up-to-date pricing information.

What are the rental options?
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Apartments are available for rent, with annual fees ranging from approximately USD 20,419 to USD 46,283 (AED 75,000 - AED 170,000) as of 2020. Rental rates depend on the number of bedrooms and apartment features. Please contact us for current rental availability and rates.

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Profound Properties

mail

team@profoundproperties.com

location

1618, The Binary Tower, Business Bay, Dubai, UAE, P.O. Box No. 418125. Phone Number: +971 543662210

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