In 2013, Paramount Hotels & Resorts teamed up with DAMAC
Properties to unveil a new project in Business Bay. Unique in
scale, the four-tower complex combines California chic with
Hollywood glamour in a complex as iconic as the neighborhood
Ready Studios & 1-3BR Apartments
Located in Burj Area, Business Bay Dubai
AED 799,000
Starting Price
3 Years
Payment Plan
Earn 8% ROI
For 5 Years Guaranteed
8% ROI
For 5 Years
3 Years
Payment Plan
DAMAC Towers
by Paramount
DAMAC Towers by Paramount Hotels & Resorts Dubai is a mixed-use, one-of-a-kind development located in the iconic Business Bay (Burj area). Four 55-storey towers are interconnected by an 8-level podium, with 3 of these buildings offering 1,200 units of DAMAC Maison Paramount luxury serviced apartments with 1-3 bedroom layouts. The fourth tower is set aside for 800 hotel rooms under the Paramount brand. The project was developed by DAMAC Properties and was completed in 2019.
The serviced apartments range in size from 914 to 2,238 sqft. The extravagant residences are fully furnished, with a contemporary design that embodies Hollywood flair. At the same time, the hotel's décor is reminiscent of the spirit of Paramount, conveying the atmosphere of the film studio's films.
Residents of DAMAC Towers by Paramount Hotels & Resorts Dubai are granted privileged access to an abundance of unparalleled amenities, which include covered parking with valet service, a dedicated area for family and business events, a children's studio club, 2 gyms and a wellness center. Not forgetting a temperature-controlled swimming pool, a spa, sauna and a steam room, which all offer the ultimate recreational experiences.
As well as all the above, the development houses numerous retail shops, including The Vault, Paramount Hotels & Resorts' signature boutique. Other facilities include movie lounges modeled after Paramount's professional studios, with access to 3,500 films and a café lounge and a chocolate shop in the tower's lobby.
DAMAC Towers by Paramount Hotels & Resorts Dubai is a mixed-use, one-of-a-kind development located in the iconic Business Bay. Four 55-storey towers are interconnected by an 8-level podium, with 3 of these buildings offering 1,200 units of DAMAC Maison Paramount luxury serviced apartments with 1-3 bedroom layouts for sale. The residences are fully furnished, with a contemporary design that embodies Hollywood flair.
Residents of DAMAC Towers by Paramount Hotels & Resorts Dubai are granted privileged access to an abundance of unparalleled amenities, which include covered parking with valet service, a dedicated area for family and business events, a children's studio club, 2 gyms and a wellness center. As well as all the above, the development houses numerous retail shops, including The Vault, Paramount Hotels & Resorts' signature boutique. Other facilities include movie lounges modeled after Paramount's professional studios, with access to 3,500 films and a café lounge and a chocolate shop in the tower's lobby.
24/7
Security
Infinity
Pools
Fitness
Centre
Fully
Furnished
Fitness
Centre & Gym
24/7
CCTV
Infinity
Pools
Furnished
Residences
Business Bay
Hotel Residences
Ideally Located in
Business Bay
The Business Bay area, where DAMAC Towers by Paramount Hotels & Resorts is located, is one of the most prestigious in Dubai. Excellent infrastructure facilities and famous landmarks are within close proximity to the towers, including Dubai World Trade Centre, Dubai International Financial Centre, Jumeirah Beach, The Dubai Mall and the Burj Khalifa. In addition, the Sheikh Zayed Road and Al Khail Road offer quick and easy access to the rest of the emirate.
Parents have the opportunity to enroll their toddlers at Hummingbird Nursery, and older children can go to Jumeirah English Speaking School. These facilities, as well as the Emirates Hospital Clinic and Business Bay Metro Station, can be reached within 10 minutes by car. By purchasing a property in DAMAC Towers by Paramount Hotels & Resorts Dubai, you will not only own a premium apartment with high standards of service from the luxury hotel chain; you will also earn an impressive rental income.
The Business Bay area has an ROI of up to 5%, which will allow the investor to fully recoup their expenses within 18-20 years. In Q3 2022, DAMAC Properties launched an exclusive residential development in collaboration with de GRISOGONO. Called Chic Tower, the ultra-luxury skyscraper offers chic studios and apartments with 1–2 bedroom layouts, in which the owners will be provided with full access to 7 baths, an outdoor gym, a Youth Fountain, swimming pools, party zones and much more.
5
Minutes
to The
Dubai Mall
20
Minutes
to Dubai
Marina
30
Minutes
to DXB
Airport
40
Minutes
to DWC
Airport
5 Minutes
to Downtown Dubai
20 Minutes
to Dubai Marina
30 Minutes
to DXB Airport
40 Minutes
to DWC Airport
3 Years Payment Plan
On Booking
14%
Within 1080 Days
86%
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The Best Apartment in Business Bay
Svetlana Mak
Senior Sales Advisor
of Metropolitan Premium Properties
+971 58 648 8888
Office 1913, Al Manara Tower
Business Bay, Dubai, UAE
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