Paramount Tower Hotel and Residences
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.
Floors 15 to 36 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.
For those seeking a little more room, with separate living and dining areas as well as numerous bedrooms, floors 37 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.
Unit types and floor sizes
- Studios of 517 square feet
- One bedroom hotel rooms from 746 – 1,251 square feet
- Two bedroom hotel rooms from 1,533 – 1,732 square feet
Residential apartments available in studios, along with one, two and three bedroom arrangements
- Studio apartments from 521 – 602 square feet
- One bedroom apartments from 855 – 1,234 square feet
- Two bedroom apartments from 1,200 – 1,570 square feet
- Three bedroom apartments from 1,560 – 2,077 square feet
- Temperature-controlled rooftop infinity swimming pool overlooking the Burj area
- Restaurants and lounges
- Luxury retail outlets including a Paramount Hotels & Resorts’ merchandise store
- Screening room modelled after the professional studios at Paramount
- Luxury spa, wellness and fitness centre
- Fully equipped gymnasium
- Kids Studio Club
- Meetings and events facilities
|Down Payment||10% + 4% DLD Fees||Immediate|
|1st Installment||10%||Within 120 days of sale date|
|2nd Installment||10%||Within 360 Days of Sale Date|
|3rd Installment||10%||Within 540 Days of Sale Date|
|4th Installment||10%||Within 720 days of sale date|
|5th Installment||50%||On Completion|
Brochure and Floor Plans
Project Price Range
- 1BR Hote for sale in Paramount Tower Hotel and Residences by Damac Properties Dubai at Sheikh Zayed Road, Dubai
- Size from - to (Sqft.)681 Sqft.
- Price from - to (AED)1,192,000
- 2BR Hote for sale in Paramount Tower Hotel and Residences by Damac Properties Dubai at Sheikh Zayed Road, Dubai
- Size from - to (Sqft.)1214 Sqft.
- Price from - to (AED)2,034,000
- 3BR Hote for sale in Paramount Tower Hotel and Residences by Damac Properties Dubai at Sheikh Zayed Road, Dubai
- Size from - to (Sqft.)1557 Sqft.
- Price from - to (AED)2,641,000