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.
Damac Paramount Tower HighLights
Building Type - Multi-use complex
Address - Damac Paramount Tower, Business Bay, Dubai, United Arab Emirates
Towers - 4
Developers - Damac Star Properties
The building established and completion date - The project was launched in 2013 and completed by 2019.
Architect - KEO International Consultants
Total Floors - 55
Units & Height - 1200 studio, 1, 2, and 3-bedroom apartments
Furnishing Status - Fully furnished
Ownership Type- Freehold
Damac Paramount Tower Price List
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
New Home Price*
1 Bed 732 Sq. Ft. Apartment
732 Sq. Ft.(Saleable)
Price on Request
2 Beds 1466 Sq. Ft. Apartment
1466 Sq. Ft.(Saleable)
Price on Request
3 Beds 1590 Sq. Ft. Apartment
1590 Sq. Ft.(Saleable)
Price on Request
517 Sq. Ft. Studio
517 Sq. Ft.(Saleable)
Price on Request
Damac Paramount Tower Floor Plans
There are four multi-use towers in Damac Paramount Tower. All residential buildings and the hotel contain 55 floors. In total, the complex houses over 1000 lavish units. The 430 to 637 square feet studio apartment boasts floor-to-ceiling windows for picturesque views, a well-equipped kitchen, a bathroom, and a sleeping area. The bedroom apartments available in the configuration range from 841 to 2,028 square feet and come with bathrooms, a dining space attached to the living area, a fully equipped kitchen, and a spacious balcony. A few units carry a complementary external balcony. The residents and visitors of Damac Paramount Tower enjoy access to meeting rooms, event spaces, and a series of amenities.
1 Bed
2 Beds
3 Beds
Studio
1 Bed 732 Sq. Ft. Apartment1 Bed
Price on Request
2 Beds 1466 Sq. Ft. Apartment2 Beds
Price on Request
3 Beds 1590 Sq. Ft. Apartment3 Beds
Price on Request
517 Sq. Ft. Studio
Price on Request
Damac Paramount Tower Video
Damac Paramount Tower Key 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
Swimming Pool
Kids' Play Areas / Sand Pits
Convenience
Power Backup
24*7 Water Supply
Lift
Safety
24 x 7 Security
CCTV / Video Surveillance
Leisure
Cafe / Coffee Bar
Mini Theatre
Sauna
Party Hall
Spa
Jacuzzi
Environment
Normal Park / Central Green
Why Should we Invest in Damac Paramount Tower ?
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 Specifications
Master Bedroom-Walls
Others
Master Bedroom-Flooring
Vitrified Tiles
Other Bedrooms-Flooring
Vitrified Tiles
Walls
Others
Living Area-Flooring
Vitrified Tiles
Bathroom
Jacuzzi
Shower Panel
Premium Bath Fittings
Structure
RCC Frame Structure
Transport Accessibility and Commute 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.
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 UKIt 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 ParkExperience 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 VerdeFeel 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 HillsIntroducing 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.
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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.
