Ready

Dubai

Sheikh Zayed Road

Rate this property
From
1,574,580 428,667 29,866,633,440
Start price from
1,574,580 AED
Price Per Sqft from
1,578 AED
Area from
997.91 Sqft
Bedrooms
1BR. 2BR. 3BR.
Developer
Developer Projects
199
Views
15.5k
Est. Completion
Ready
Type

Table of contents

Paramount Tower Hotel and Residences by Damac Properties

Paramount Tower Hotel & Residences is an 826-key luxury hotel and hotel residences tower on Sheikh Zayed Road. The 64-storey project will offer a sky lobby with views across the Burj area, a private Paramount Pictures screening room, a rooftop infinity swimming pool with a terrace and a fitness and wellness center with a state-of-the-art spa.

The hotel

Floors 15 to 25 present a selection of beautiful hotel rooms which not only offer an incredible experience for guests but also provide the opportunity for a very lucrative investment too. Rooms are tailored for comfort and but also to inspire creativity. They feature a spectacular in-room home theatre and access to a library of Paramount films. When the credits roll, the signature bed is the grand finale to your day.

Paramount Tower Hotel and Residences | Luxury Hotel and Residences in Sheikh Zayed Road

The Residences

For those seeking a little more room, with separate living and dining areas as well as numerous bedrooms, floors 26 to 63 offer a collection of luxury residences. Combining the comforts of home with the Paramount amenities and service, if you wish to take that option, they are great investments that are easily let out if you’re away. Whatever your choice of property, whilst in residence, you can experience the height of fashionable living; and when you’re away, you’ll earn impressive rental income.

Location of Paramount Tower Hotel and Residence

Sheikh Zayed Road (The E11) is the main artery of the city. The road was formerly known as Defense Road. The stretch between Trade Centre Roundabout and Interchange 2 is home to many of Dubai’s skyscrapers, both old and new, and this section is recognized as the main residential arm of the highway in the city. Sheikh Zayed Road is quite unique because it’s a leasehold community, whereby a private developer owns each tower, as opposed to freehold communities where different landlords buy from the developer and lease their units out. Sheikh Zayed Road is a convenient place to live as Downtown and the iconic Burj Khalifa are only two minutes away. The accommodation in Sheikh Zayed Road is consisting of 1, 2, and 3 bedrooms apartment with unique amenities and facilities.

Paramount Tower Hotel and Residences | Luxury Hotel and Residences in Sheikh Zayed Road

Unit Types and Floor Sizes

Hotel Rooms

  • Studios of 475 – 520 sqft
  • One bedroom hotel rooms from 843 – 1,048 sqft
  • Two bedroom hotel rooms from 1,369 sqft

Residential Apartments

  • Studio apartments from 467 – 520 sqft
  • One bedroom apartments from 678 – 977 sqft
  • Two bedroom apartments from 1,040 – 1,120 sqft
  • Three bedroom apartments from 1,477 – 1,900 sqft

Paramount Tower Hotel and Residences | Luxury Hotel and Residences in Sheikh Zayed Road

Paramount Tower Hotel and Residences | Luxury Hotel and Residences in Sheikh Zayed Road

Location & Highlights

  • Stunning views of Sheikh Zayed Road and Burj area
  • In close proximity to entertainment, dining and retail outlets
  • Access to state-of-the-art facilities
  • Fully Furnished and Paramount Branded Units – Studio, 1 Bedroom and 2 Bedroom

Paramount Tower Hotel and Residences | Luxury Hotel and Residences in Sheikh Zayed Road

Amenities

  • Temperature-controlled rooftop infinity swimming pool overlooking the Burj area
  • Restaurants and lounges
  • Luxury retail outlets
  • Children’s studio club
  • Luxury spa, wellness and fitness centre
  • Fully equipped gymnasium
  • Meetings and events facilities

Paramount Tower Hotel and Residences | Luxury Hotel and Residences in Sheikh Zayed Road

Payment Plan

Installment Milestone Payment (%)
1st Down Payment 20%
2nd Year 1 40%
3rd Year 2 40%
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PTHR – Paramount Tower Hotel and Residences Payment terms and price

1BR

1BR

Size(Sqft.)

997.91

Price

1,574,580

2BR

2BR

Size(Sqft.)

1120.96 1347.55

Price

1,884,401 2,232,288

3BR

3BR

Size(Sqft.)

1583.06 1643.23

Price

2,724,480 2,720,820

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