DAMAC Towers By Paramount Hotels & Resorts at Business Bay

Damac Towers By Paramount Hotels and Resorts is a Hollywood-inspired luxury hotels and residential across an iconic four-tower development features breathtaking views of the opulent Dubai Canal and Burj Khalifa from your balcony.

Project Overview

Starting PriceAED 2,033,000
Price Per Sqft fromAED 2,202
Area from923.11 Sqft.
Type Apartments
Bedrooms1BR2BR3BR
Location Business Bay
DeveloperDamac Properties
Developer Projects87
Est. Completion Q4 2019
Views6.4k

DAMAC Towers by Paramount by Damac Properties

DAMAC Towers by Paramount Hotels & Resorts is a hotel and residential complex located in the heart of the stylish Burj area, Dubai. Damac Towers by Paramount is a mega project consisting of four buildings, one of which will house the Paramount-branded hotel while the other three buildings will have the Damac Maison Paramount serviced residences. Sophisticated yet inviting, suites feature contemporary design cues where elements of the California lifestyle are transported to Dubai in a distinctive ‘Hollywood studio’ feel.  According to developer press-releases, there are more than 1,000 serviced one, two and three bedroom apartments and the hotel will have 800 rooms. Paramount Hotel includes an impressive lobby with a coffee lounge and chocolaterie. Like a jewel in the crown, it also includes a spectacular reception area, featuring 360-degree floor-to-ceiling digital walls, which makes you feel like a movie star. Whilst in residence, you’ll experience the height of fashionable living with the service standards of the finest luxury hotels; and when you’re away, you’ll earn impressive rental income from your exquisite property. Residents and guests can enjoy high-end shopping with the perfect combination of global luxury and California cool, implemented through a signature Paramount Hotels & Resorts merchandise store: The Vault.

The Burj area is an upscale mixed-use community combining commercial, residential, hospitality, entertainment, shopping, and leisure facilities in open green spaces scattered with lakes and fountains. An inspired urban concept, this illustrious part of town is home to the world’s tallest tower, its largest shopping mall, iconic fountains and a host of other first-class amenities.

Amenities

  • Furnished and serviced one, two and three bedroom suites
  • Eight restaurants, bars, and lounges
  • Retail outlets including a Paramount Hotels & Resorts boutique
  • Wellness and fitness centre
  • Grand lobby
  • Steam room and sauna
  • Kids Studio Club
  • Luxury spa
  • Meetings and events facilities
  • Screening rooms modeled after the professional studios at Paramount
  • Temperature-controlled swimming pool
  • State-of-the-art gymnasium
  • 24-hour valet parking service
  • Ample parking space

Special Offers

  • 8% PA Gross Rental Guarantee for 3 Years (Offer Applicable on Serviced Apartments)

Payment Plan

InstallmentMilestonePercentage (%)
DepositImmediate24%
1st to 12th InstallmentMonthly Installment3.50%
13th to 23rd InstallmentMonthly Installment3%
24th InstallmentWithin 720 days of sale date5%

DAMAC Towers By Paramount Hotels & Resorts Video

Location Map

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Business Bay
This location in the map may not be exact. To get exact location, click here
This location in the map may not be exact. To get exact location, click here.

Escrow Account

Bank ABU DHABI ISLAMIC BANK

Escrow Account

Account Number 15808213

Escrow Account

Project No. 443
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