DAMAC Towers by Paramount
DAMAC Towers by Paramount is a DAMAC Properties development in Business Bay, Dubai, offering studio, 1 bedroom, 2 bedroom, 3 bedroom, 4 bedroom (0 to 4 bedroom homes). Prices start from AED 1.14M – AED 5.51M. Unit sizes run from about 476 to 2,801 sq ft. Handover is Q3 2019. DAMAC Towers by Paramount has already been handed over (2019), so units are no longer sold by DAMAC. Resale units in the community do come up, and we can also show you similar DAMAC projects under construction right now. 5 unit configurations are currently listed. Register interest for resale availability and a shortlist of similar DAMAC projects still selling, with an advisor callback within 24 hours.
Resale units available, reach out to us
DAMAC Towers by Paramount has been handed over since 2019, so DAMAC no longer sells units here directly. Resale units from existing owners do come to market, often with the full picture of finished quality, service charges and actual rental performance. Tell us the layout and budget you want and we will source what is available and send you the options, with a callback within 24 hours.
Similar DAMAC projects under construction right now
Find out which one suits you: these DAMAC projects are on sale now, with payment plans running through construction.
Register interest and an advisor will send the current DAMAC launch list.
All DAMAC projects currently sellingDAMAC Towers by Paramount in Business Bay
Project general facts
DAMAC Towers by Paramount Hotels & Resorts is an iconic hotel and residential complex located in the heart of Dubai’s prestigious Burj area. This four-tower development, comprising three towers of circa 1,200 luxury apartments and a fourth that houses the Paramount Hotel, will present sumptuous living with a Hollywood flavour. The multi-level plaza, which links the four 270-metre towers, will offer an eclectic selection of speciality dining, dine-in cinema, wellness centres, swimming pools and a Kids Studio Club.
The magnificent and luxurious Paramount Hotel boasts over 800 bespoke styled hotel rooms, along with a host of world-class facilities. In Hollywood, it’s rare to have the chance to top your first big hit. But after seeing the iconic Paramount Studio Gate, the lobby is a sequel that’s even more impressive. A sophisticated yet inviting space, the lobby features contemporary design cues and the signature style of a major Hollywood studio. Subtle lighting and a theatrical high ceiling lend a backdrop that personifies the essence of cinematic styling.
Finishing and materials
Your apartment is the ultimate signature of luxury. You can see attention to detail in every aspect of this icon; be it the architectural finesse, thoughtful space allocation or the endless opulent appointments
Kitchen and appliances
Fully equipped kitchen
Furnishing
Fully-furnished apartments
Location description and benefits
Life comes alive in the buzzing Burj area with sights and sounds reminiscent of the world’s greatest cities. This highly sought-after iconic hotspot is where world-class shopping, epicurean adventures and high-octane festivities converge. Your luxury apartment is right in the midst of an exquisite world of landmark icons.
Dubai International Financial Centre, educational institutions, medical facilities, museums, art galleries and Dubai International Airport are also nearby.
5 units in DAMAC Towers by Paramount
| Type | Model | Bedrooms | Area (sqft) | Price | |
|---|---|---|---|---|---|
| Apartment | Studio | 0 | 476 | AED 1.22M | |
| Apartment | 1 Bedroom | 1 | 929 | AED 1.96M | |
| Apartment | 2 Bedroom | 2 | 1,515 | AED 3.09M | |
| Apartment | 3 Bedroom | 3 | 2,014 | AED 4.13M | |
| Apartment | 4 Bedroom | 4 | 2,801 | AED 5.51M |
DAMAC Towers by Paramount payment plan
Indicative payment structure for DAMAC Towers by Paramount in Business Bay. Exact instalment dates are confirmed at booking. Register interest for the full schedule.
- On booking20%
- Post Handover80%
- From 3 to 24 months after booking (7% quarterly)56%
- From 27 to 36 months after booking (6% quarterly)24%
Facilities at DAMAC Towers by Paramount
- Fitness Centre
- Eat And Drink
- Swimming Pool
- Dine-In Cinema
- Wellness Features
Inside DAMAC Towers by Paramount
DAMAC Towers by Paramount brochure, floor plans and payment plan
The official DAMAC document pack for DAMAC Towers by Paramount — brochure, floor plans, price list and payment plan — is sent directly by an advisor. Register interest and we email the current set within 24 hours.
DAMAC Towers by Paramount questions buyers ask
- What is the starting price at DAMAC Towers by Paramount?
- DAMAC Towers by Paramount starts from AED 1.14M – AED 5.51M for studio, 1 bedroom, 2 bedroom, 3 bedroom, 4 bedroom in Business Bay. Current unit-level pricing is confirmed on enquiry.
- Where is DAMAC Towers by Paramount located?
- DAMAC Towers by Paramount is in Business Bay, a DAMAC master-planned community in Dubai, United Arab Emirates.
- When is handover at DAMAC Towers by Paramount?
- Handover for DAMAC Towers by Paramount is scheduled for Q3 2019.
- What unit types are available at DAMAC Towers by Paramount?
- DAMAC Towers by Paramount offers studio, 1 bedroom, 2 bedroom, 3 bedroom, 4 bedroom, with 0 to 4 bedroom homes from about 476 sq ft.
- Can foreigners buy at DAMAC Towers by Paramount?
- Yes. DAMAC Towers by Paramount is in a Dubai freehold zone, so buyers of any nationality can own outright with no UAE residency requirement, and a qualifying purchase can support a 10 year UAE Golden Visa.
DAMAC Towers by Paramount for international buyers
DAMAC Towers by Paramount is available to buyers worldwide. Our country buyer guides explain how to remit funds, the tax on Dubai rental income, and the 10-year Golden Visa in your currency.