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Damac Paramount Tower Business Bay, Dubai

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  • Ready to Move
  • Apartment, Studio
  • 517 Sq. Ft. to 1590 Sq. Ft. (Saleable)
  • About Project
  • Project Overview
  • Floor Plans
  • Amenities
  • Map & Landmarks
  • About Builder
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  • Compare Project
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  • Quick Links
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About Damac Paramount Tower

  • Project Overview
  • Price List
  • Why Invest?

Dubai is carving a bright future in the real estate domain. The city has already secured some of the most demanded properties. New projects get approved by the minute, whereas the work-in-progress constructions continue to be quality-driven. Already ranking fourth in the list of cities with the highest skyscrapers, Dubai commits to an ultramodern future in favour of all local and international investors.Damac Paramount Tower is a project developed by Damac Properties via its subsidiary firm Damac Star Properties. It is a multi-use multi-building complex of 55 floors each. There are four towers, out of which three are residential and one is a hotel. The Paramount Hotel caters to hotel facilities and hotel apartments. All four towers share a common 8-storey podium. The flexible screens in the lobby change colours to create a unique ambience in the evening from the one in the mornings. KEO International Consultants design this remarkable complex.Damac Paramount Tower is known for its exquisite multi-configuration serviced apartments and the Paramount Hotel. The property has a large parking space, valet services, various lifestyle amenities, event spaces, high-end security systems, maintenance staff, and a fully equipped gym. The residential towers of Damac by Paramount Towers contain studio, 1, 2, and 3-bedroom apartments.The 8-storey podium houses some of the top brands. The 55-storey tower has 1200 units in all. The Paramount Hotel contains 800 units of hotel rooms. Damac Towers by Paramount features screening rooms, a swimming pool, bars, restaurants, lounges, and meeting rooms to offer a comprehensive stay. If you make a home out of Damac Towers by Paramount, watch the early mornings and sunsets cast striking cityscapes outside your balconies.Damac Paramount Tower resides in the Business Bay of Dubai. The complex is easily reachable via Al Khail Road and Sheikh Zayed Road. It is near Dubai Opera, Burj Khalifa, Dubai Mall, Palm Jumeirah, The Walk JBR, Burj Al Arab, and Dubai International Airport.

You can invest in residential, commercial, and retail properties in Damac Paramount Tower. Hotel rooms, studios, and 1, 2, and 3-bedroom apartments exist. The sale and rental prices frequently differ due to the citys multifaceted real estate market. Since Damac Towers by Paramount is decked on the Business Bay, the prices may incline toward the higher end of the spectrum. In a nutshell, investors report a steady rise in prices since early 2020. Anyone searching for state-of-the-art apartments will find a home at the towers. There is an impressive array of amenities to satiate leisure and professional needs.

Unit Type Area Price*
1 Bed 732 Sq. Ft. Apartment
732 Sq. Ft.
Price on Request
2 Beds 1466 Sq. Ft. Apartment
1466 Sq. Ft.
Price on Request
3 Beds 1590 Sq. Ft. Apartment
1590 Sq. Ft.
Price on Request
517 Sq. Ft. Studio
517 Sq. Ft.
Price on Request

Damac Paramount Tower encompasses everything you need under its warm, friendly, and 5-star standard roof. Global investors show interest in its serviced apartments, hotel rooms, and event spaces. Youd like to invest in Damac Paramount Tower for several reasons. Some common reasons are given below:

  • All 55 floors of the four towers are well-connected with multiple high-speed elevators and hold enough space to sustain 1200 hotel rooms, apartments, and retail units. Amenities are available at Damac Paramount Tower for working professionals and residents alike.

  • The complex contains a swimming pool, restaurants, fitness centres, vast parking lots, 24/7 security systems, and maintenance staff.

  • Pre-allocated spaces for events, meetings, and conferences are ready to go.

  • Damac Paramount Tower is accessible via Al Khail Road and Sheikh Zayed Road.

  • Damac Paramount Tower is easily reachable via public transport.

  • Burj Khalifa, Dubai Mall, Palm Jumeirah, Burj Al Arab, Dubai Opera, and The Walk JBR are all within a 30-minute drive.

Damac Paramount Tower is established in a top-notch business hub of Dubai. Since it is close to Burj Khalifa, you can enjoy unparalleled skyline views from your balconies and on your walks. Most of the major routes are easily accessible from this tower. The area is classified as Business Bay.

Damac Paramount Tower Project Overview

  • Project Status Ready to Move
  • Configurations 1, 2, 3 Bedroom
  • Unit Sizes 517 Sq. Ft to 1590 Sq. Ft (Saleable)
  • Builder Damac Properties
  • Total Number of Units 1200 Units
  • Project Size
  • Launch Date
  • Completion Date
  • Locality Business Bay
  • Micro Market Mohammed Bin Rashid City

Damac Paramount Tower Floor Plans

  • 1 Bed
  • 2 Beds
  • 3 Beds
  • Studio
1 Bed 732 Sq. Ft. Apartment in Damac Paramount Tower
1 Bed 732 Sq. Ft. Apartment
1 Bedroom
732 Sq. Ft.
2 Beds 1466 Sq. Ft. Apartment in Damac Paramount Tower
2 Beds 1466 Sq. Ft. Apartment
2 Bedrooms
1466 Sq. Ft.
3 Beds 1590 Sq. Ft. Apartment in Damac Paramount Tower
3 Beds 1590 Sq. Ft. Apartment
3 Bedrooms
1590 Sq. Ft.
517 Sq. Ft. Studio in Damac Paramount Tower
517 Sq. Ft. Studio
517 Sq. Ft.
AED 799,000

Damac Paramount Tower Amenities

Damac Paramount Tower is in one of the most contemporary neighbourhoods of Dubai. The complex has several high-speed elevators, round-the-clock security systems, and diligent maintenance staff. The residents have access to event spaces and leisure amenities. The complex has residential spaces, retail outlets, and commercial units. One can find various restaurants and shopping outlets in the complex itself. There are onsite event spaces, conference facilities, and well-equipped meeting rooms. The complex houses 1200 units, of which 800 account for hotel rooms and the rest are serviced apartments. Damac Paramount Tower has a swimming pool, a play area, spa facilities, saunas, and steam rooms.

Sports
Gymnasium Image
Gymnasium
Swimming Pool Image
Swimming Pool
Kids' Play Areas / Sand Pits Image
Kids' Play Areas / Sand Pits
Convenience
Power Backup Image
Power Backup
24*7 Water Supply Image
24*7 Water Supply
Lift Image
Lift
Safety
24 x 7 Security Image
24 x 7 Security
CCTV / Video Surveillance Image
CCTV / Video Surveillance
Leisure
Cafe / Coffee Bar Image
Cafe / Coffee Bar
Mini Theatre Image
Mini Theatre
Sauna Image
Sauna
Party Hall Image
Party Hall
Spa Image
Spa
Jacuzzi Image
Jacuzzi
Environment
Normal Park / Central Green Image
Normal Park / Central Green

Damac Paramount Tower Location Map and Landmarks

map
  • Schools
  • City Connections
  • Hospitals
  • Hotels
  • Shopping Centers
  • Business Hubs
Schools Near by Damac Paramount Tower
Dubai Institute Of Design And Innovation Didi,  Dubai Design District
Dubai Institute Of Design And Innovation Didi, Dubai Design District
0.62 KM
Meirc Training And Consulting Ltd. Dubai Branch Business Bay,  Business Bay
Meirc Training And Consulting Ltd. Dubai Branch Business Bay, Business Bay
1.16 KM
The College Of Fashion And Design The Cfd Dubai,  Business Bay
The College Of Fashion And Design The Cfd Dubai, Business Bay
1.20 KM
Jumeirah International Nursery,  Business Bay
Jumeirah International Nursery, Business Bay
1.34 KM
Hartland International School,  Al Merkadh
Hartland International School, Al Merkadh
1.45 KM
North London Collegiate School,  Meydan City
North London Collegiate School, Meydan City
1.64 KM
North London Collegiate School Dubai,  Al Merkadh
North London Collegiate School Dubai, Al Merkadh
1.71 KM
International Horizons College,  Business Bay
International Horizons College, Business Bay
2.23 KM
Blossom Business Bay Nursery,  Business Bay
Blossom Business Bay Nursery, Business Bay
2.28 KM
International British Online School,  Downtown Dubai
International British Online School, Downtown Dubai
2.30 KM
City Connections Near by Damac Paramount Tower
The Dubai Fountain,  Downtown Dubai
The Dubai Fountain, Downtown Dubai
1.97 KM
Meydan Bridge,  Nad Al Sheba
Meydan Bridge, Nad Al Sheba
2.76 KM
Burj Khalifa Dubai Mall Metro Station,  Business Bay
Burj Khalifa Dubai Mall Metro Station, Business Bay
2.87 KM
Dubai Mall Metro Station,  Downtown Dubai
Dubai Mall Metro Station, Downtown Dubai
2.87 KM
Ras Al Khor Wildlife Sanctuary,  Ras Al Khor
Ras Al Khor Wildlife Sanctuary, Ras Al Khor
2.89 KM
The Track Meydan Golf,  Meydan City
The Track Meydan Golf, Meydan City
3.03 KM
Arab Bank,  Business Bay
Arab Bank, Business Bay
3.07 KM
Qube Sports Lounge,  Meydan City
Qube Sports Lounge, Meydan City
3.07 KM
Emirates Towers Metro Station,  Al Satwa
Emirates Towers Metro Station, Al Satwa
3.74 KM
Ras Al Khor Road,  Ras Al Khor
Ras Al Khor Road, Ras Al Khor
4.30 KM
Hospitals Near by Damac Paramount Tower
Emirates Hospital Clinics,  Business Bay
Emirates Hospital Clinics, Business Bay
2.56 KM
Aster Clinic,  Business Bay
Aster Clinic, Business Bay
2.68 KM
Valiant Clinic And Hospital,  Al Wasl
Valiant Clinic And Hospital, Al Wasl
3.37 KM
Al Badaa Health Center,  Al Satwa
Al Badaa Health Center, Al Satwa
3.61 KM
Barraquer Eye Hospital,  Al Jaddaf
Barraquer Eye Hospital, Al Jaddaf
3.92 KM
Clemenceau Medical Center Hospital,  Al Jaddaf
Clemenceau Medical Center Hospital, Al Jaddaf
3.98 KM
American Hospital Jumeirah Clinic,  Al Wasl
American Hospital Jumeirah Clinic, Al Wasl
4.44 KM
Iranian Hospital,  Al Badaa
Iranian Hospital, Al Badaa
5.40 KM
NMC Medical Center,  Al Satwa
NMC Medical Center, Al Satwa
5.45 KM
American Hospital Dubai,  Oud Metha
American Hospital Dubai, Oud Metha
5.94 KM
Hotels Near by Damac Paramount Tower
Radisson Blu Hotel Dubai Canal View,  Business Bay
Radisson Blu Hotel Dubai Canal View, Business Bay
0.60 KM
Radisson Blu Hotel Dubai Canal View L.L.C,  Business Bay
Radisson Blu Hotel Dubai Canal View L.L.C, Business Bay
0.62 KM
Damac Maison Canal Views Business Bay,  Business Bay
Damac Maison Canal Views Business Bay, Business Bay
0.79 KM
Damac Maison The Vogue Hotel Apartments,  Business Bay
Damac Maison The Vogue Hotel Apartments, Business Bay
0.82 KM
Millennium Central Downtown L.L.C,  Business Bay
Millennium Central Downtown L.L.C, Business Bay
0.96 KM
Doubletree By Hilton Dubai Business Bay,  Business Bay
Doubletree By Hilton Dubai Business Bay, Business Bay
1.14 KM
Movenpick Hotel Apartments Downtown Dubai,  Downtown Dubai
Movenpick Hotel Apartments Downtown Dubai, Downtown Dubai
1.22 KM
Damac Maison Royal The Distinction Hotel Apartments,  Downtown Dubai
Damac Maison Royal The Distinction Hotel Apartments, Downtown Dubai
1.23 KM
Damac Maison Dubai Mall Street Burj Khalifa,  Downtown Dubai
Damac Maison Dubai Mall Street Burj Khalifa, Downtown Dubai
1.30 KM
Address Fountain Views L.L.C,  Downtown Dubai
Address Fountain Views L.L.C, Downtown Dubai
1.32 KM
Shopping Centers Near by Damac Paramount Tower
Meydan One Mall,  Meydan City
Meydan One Mall, Meydan City
1.52 KM
The Dubai Mall,  Downtown Dubai
The Dubai Mall, Downtown Dubai
1.87 KM
Bay Avenue Mall,  Business Bay
Bay Avenue Mall, Business Bay
2.62 KM
Mazaya Shopping Centre,  Al Wasl
Mazaya Shopping Centre, Al Wasl
3.04 KM
City Walk,  Al Wasl
City Walk, Al Wasl
3.84 KM
Mercato Shopping Mall,  Al Satwa
Mercato Shopping Mall, Al Satwa
5.30 KM
Al Hanaa Center,  Al Jafiliya
Al Hanaa Center, Al Jafiliya
5.81 KM
Karama Shopping Complex,  Al Karama
Karama Shopping Complex, Al Karama
6.26 KM
Avenue Mall,  Nad Al Sheba
Avenue Mall, Nad Al Sheba
7.21 KM
Dubai Festival City Mall,  Dubai Festival City
Dubai Festival City Mall, Dubai Festival City
7.37 KM
Business Hubs Near by Damac Paramount Tower
Meydan one Tower,  Meydan City
Meydan one Tower, Meydan City
0.88 KM
Boulevard Plaza,  Downtown Dubai
Boulevard Plaza, Downtown Dubai
2.30 KM
Damac Business Tower,  Business Bay
Damac Business Tower, Business Bay
2.44 KM
Miss Tess Dubai,  Business Bay
Miss Tess Dubai, Business Bay
2.56 KM
Meydan Free Zone,  Meydan City
Meydan Free Zone, Meydan City
3.47 KM
Arabian Adventures,  Business Bay
Arabian Adventures, Business Bay
3.48 KM
Gtext Hub Dubai,  Al Satwa
Gtext Hub Dubai, Al Satwa
3.68 KM
GRG Business Centers,  Al Jaddaf
GRG Business Centers, Al Jaddaf
5.51 KM
Unique World Business Center,  Al Karama
Unique World Business Center, Al Karama
7.45 KM
Sky Business Centre,  Ras Al Khor
Sky Business Centre, Ras Al Khor
9.00 KM

Travel Time from Damac Paramount Tower

Damac Paramount Tower is in the vicinity of several premiere landmarks of Dubai. It is in the prestigious Business Bay of the city, which is easily accessible from major routes of Dubai. Al Khail Road and Sheikh Zayed Road are seamlessly reachable from the towers. The property is close to various schools, hospitals, supermarkets, malls, restaurants, and recreational activities. Damac Paramount Tower is easily accessible via bus, metro, and cab.

  • Dubai International Airport is 17 minutes, whereas Al Maktoum International Airport is a 45-minute from Damac Paramount Tower.

  • Business Bay 2 Bus Station is only a 15-minute walk from the tower.

  • Business Bay metro station is the closest metro station at a driving distance of 14 minutes.

  • Spinneys, 8 Supermarket, and Choithrams are supermarkets only 10 minutes from the complex.

  • Burj Khalifa is 12 minutes away from Damac Paramount Tower.

  • Dubai Mall is an 11-minute drive from the towers.

  • Palm Jumeirah is just 24 minutes from Damac Paramount Tower.

  • Dubai Opera is accessible in 12 minutes.

  • The Walk JBR is reachable within a 25-minute drive.

Connecting Roads - Damac Paramount Tower

  • Ras Al Khor Road ~ 0.5 Kms
  • Sheikh Zayed Road ~ 4 Kms

About Damac Properties

Damac Properties Logo
  • Total Projects 257

Since its inception in the year, 2002 DAMAC Properties has stayed at the forefront of the Middle East opulent real estate market and has been delivering luxury residential, commercial as well as lavish properties around the region, which also includes the UAE, Saudi Arabia, Qatar, Jordan, Lebanon, and the UK

It has made a mark at the uppermost end of an elegant way of living, DAMAC Developers has paved its pathway as the foremost luxury developer in the region.It has delivered over 21,700 homes, with an extensive development portfolio of more than whooping 40,000 units at various stages of its progress.

Why DAMAC Realty?

DAMAC Properties takes immense pridein itsadamant commitment to service excellence, whether they are serving young couples to choose the ideal family home or advising investors on properties that offer the best investment returns. This is why DAMAC Builders is known as one of the prominent luxury developers in the whole of Middle East.

Since 2002, they have delivered over 21,700 homes to its customers, and that number is growing daily. Their success rises from the laborious effort of choosing and retaining talented workforce to making deals with the right development partners that include successfuldesigners, architect,as well as contractors, to identifysignificant development locations and select the primitive building materials that will conveytop-notch quality standards.

By taking what they have learned from their customers over the past 15 years, they have become the regions leading developer of custom-built homes and lavish destinations.

Major DAMAC Residential Projects:

Townhouses on The Golf and The Park

Experience the simplicity of living in an apartment while enjoying the freedom offered by a villa. Open doors to the overwhelming scenery in ready to move-in townhouses.

Set in the prominent DAMAC Hills community, each townhouse overlooks the verdant fairways of the Trump International Golf Club Dubai or the beautiful landscapes of The Park. One can enjoy never-ending views from every window in attractively designed spaces all throughoutthe day and realize a host of incrediblefacilities just around the corner.

Fiora at Golf Verde

Feel at home to a scenic community with fantastic apartments which overlook striking landscapes and every desire just moments away. Introducing Fiora, residential towers located in Golf Verde, a charming neighborhood in the land of Dubai. Relax in a picturesque setting surrounded by beautiful parklands and a host of dining, retail and entertainment outlets in proximity.

Radisson Dubai DAMAC Hills

Introducing Radisson Dubai DAMAC Hills, which is aposh hotel where exceptional care is given to each detail in chic suites just right for both guests as well as the investors. The guests here benefit from the uppermost standards of service and investors take pleasure in anincredible opportunity to be a part of Dubais hospitality market while earning guaranteed returns for threeentire years. Enhancing its renowned reputation by bringing custom-built experiences to the region, DAMAC Properties in a significant partnership with Radisson Hotel Group brings to one of the worlds premier full-service hotel brands at the esteemed DAMAC Hills.

Other Projects By Damac Properties in Dubai

  • Ready to Move
  • New Launch
  • Under Construction

Other Projects in Business Bay, Dubai

  • Ready to Move
  • Under Construction
  • New Launch

Damac Paramount Tower Comparative Market Analysis

  • Location
  • Micro-market
  • Unit Configs
  • Unit Size
  • Status
Damac Paramount Tower Image
Damac Paramount Tower Business Bay, Dubai
Starting from AED 799,000 - Starting from 799,000
  • Business Bay, Dubai
  • Mohammed Bin Rashid City
  • Studio-1 Bed-2 Beds-3 Beds
  • 517 sq.ft - 1590 sq.ft (Saleable)
  • Ready to Move
Omniyat Sterling Image
Omniyat Sterling Business Bay, Dubai
Price On Request
  • Business Bay, Dubai
  • Mohammed Bin Rashid City
  • 2 Beds
  • 1198 sq.ft - 1198 sq.ft (Saleable)
  • Ready to Move
AG Tower Business Bay Image
AG Tower Business Bay Business Bay, Dubai
Starting from AED 710,000 - Starting from 710,000
  • Business Bay, Dubai
  • Mohammed Bin Rashid City
  • Studio-1 Bed-2 Beds-3 Beds
  • 463 sq.ft - 2055 sq.ft (Saleable)
  • Ready to Move
Paramount Tower Hotel and Residences Image
Paramount Tower Hotel and Residences Al Safa, Dubai
Starting from AED 774,000 - Starting from 774,000
  • Al Safa, Dubai
  • Sheikh Zayed Road
  • Studio-1 Bed-2 Beds-3 Beds
  • 520 sq.ft - 1668 sq.ft (Saleable)
  • Ready to Move

Similar Projects in Dubai

Nearby Localities of Business Bay, Dubai

  • Locality Average Price for SaleAED 3378/Sq. Ft
  • Locality Average Price for RentAED 164/Sq. Ft
  • Locality Average Price for SaleAED 1606/Sq. Ft
  • Locality Average Price for RentAED 70/Sq. Ft
  • Locality Average Price for SaleAED 2664/Sq. Ft
  • Locality Average Price for RentAED 160/Sq. Ft
  • Locality Average Price for RentAED 90/Sq. Ft
  • Locality Average Price for SaleAED 3430/Sq. Ft
  • Locality Average Price for RentAED 213/Sq. Ft
  • Locality Average Price for SaleAED 1619/Sq. Ft
  • Locality Average Price for RentAED 101/Sq. Ft
i *Disclaimer

This website is only for the purpose of providing information regarding real estate projects in different geographies. Any information which is being provided on this website is not an advertisement or a solicitation. The company has not verified the information and the compliances of the projects. Further, the company has not checked the RERA* registration status of the real estate projects listed herein. The company does not make any representation in regards to the compliances done against these projects. Please note that you should make yourself aware about the RERA* registration status of the listed real estate projects.

*Real Estate (regulation & development) act 2016.
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Around this property
Schools
City Connections
Hospitals
Hotels
Shopping Centers
Business Hubs
About Damac Paramount Tower

Dubai is carving a bright future in the real estate domain. The city has already secured some of the most demanded properties. New projects get approved by the minute, whereas the work-in-progress constructions continue to be quality-driven. Already ranking fourth in the list of cities with the highest skyscrapers, Dubai commits to an ultramodern future in favour of all local and international investors.Damac Paramount Tower is a project developed by Damac Properties via its subsidiary firm Damac Star Properties. It is a multi-use multi-building complex of 55 floors each. There are four towers, out of which three are residential and one is a hotel. The Paramount Hotel caters to hotel facilities and hotel apartments. All four towers share a common 8-storey podium. The flexible screens in the lobby change colours to create a unique ambience in the evening from the one in the mornings. KEO International Consultants design this remarkable complex.Damac Paramount Tower is known for its exquisite multi-configuration serviced apartments and the Paramount Hotel. The property has a large parking space, valet services, various lifestyle amenities, event spaces, high-end security systems, maintenance staff, and a fully equipped gym. The residential towers of Damac by Paramount Towers contain studio, 1, 2, and 3-bedroom apartments.The 8-storey podium houses some of the top brands. The 55-storey tower has 1200 units in all. The Paramount Hotel contains 800 units of hotel rooms. Damac Towers by Paramount features screening rooms, a swimming pool, bars, restaurants, lounges, and meeting rooms to offer a comprehensive stay. If you make a home out of Damac Towers by Paramount, watch the early mornings and sunsets cast striking cityscapes outside your balconies.Damac Paramount Tower resides in the Business Bay of Dubai. The complex is easily reachable via Al Khail Road and Sheikh Zayed Road. It is near Dubai Opera, Burj Khalifa, Dubai Mall, Palm Jumeirah, The Walk JBR, Burj Al Arab, and Dubai International Airport.

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