Paramount Tower Hotel And Residences
Paramount Tower Hotel And Residences is a DAMAC Properties development in Business Bay, Dubai, offering studio, 1 bedroom (0 to 1 bedroom homes). Prices start from AED 1.36M – AED 2.61M. Unit sizes run from about 520 to 844 sq ft. Handover is Q3 2019. Paramount Tower Hotel And Residences is sold out and already handed over (2019), so there is nothing available to buy here. We can show you similar DAMAC projects that still have units available. 2 unit configurations are currently listed. Register interest for a shortlist of similar DAMAC projects that still have availability, with an advisor callback within 24 hours.
Paramount Tower Hotel And Residences is no longer available for sale
Paramount Tower Hotel And Residences was handed over in 2019 and DAMAC does not sell units here any more. Everything below stays on the page for reference. If you are buying now, look at the DAMAC projects that still have units and payment plans available.
DAMAC projects with availability right now
Register interest and an advisor will send the current DAMAC availability list.
All DAMAC projects currently sellingParamount Tower Hotel And Residences in Business Bay
Project general facts
The Paramount Tower Hotel and Residences is a 63-storey mixed-use development combining hospitality, residential living, and retail functions within a single high-rise structure. The building features retail spaces on the ground floor, a hotel occupying floors 5 to 25, and luxury residences located from floors 26 to 63. The project is designed under the Paramount Hotels & Resorts concept, integrating a cohesive architectural approach that blends hotel services with private residential living, creating a unified vertical community.
The amenities within the tower are aligned with the Paramount signature lifestyle offering, providing a strong focus on entertainment and comfort. Residents and guests benefit from hotel-style services as well as curated leisure facilities, including access to a cinematic experience concept with a home theatre environment and a dedicated library of Paramount Pictures films. The development is tailored to deliver a hospitality-driven living experience, combining residential privacy with full hotel infrastructure and services.
The interiors feature fully furnished apartments with a functional and comfortable layout. Kitchens are fully equipped with appliances, supporting ready-to-move-in living standards. Finishing is completed with high-quality materials in a modern style, consistent with the overall luxury positioning of the development, ensuring a polished and contemporary residential environment without requiring additional furnishing.
Location description and benefits
Business Bay is one of Dubai’s most dynamic and fast-paced neighborhoods, known as the city's central business, commercial, and residential hub. Located just minutes from Downtown Dubai and the iconic Burj Khalifa, it offers a strategic location with seamless access to Sheikh Zayed Road and Al Khail Road. Business Bay is a prime destination for professionals, entrepreneurs, and investors looking to be at the heart of Dubai’s thriving economy, with a skyline defined by high-rise towers, luxury hotels, and modern office spaces.
Beyond its corporate appeal, Business Bay has evolved into a vibrant lifestyle destination. The area features a wide range of residential options, from upscale studios to spacious penthouses, many with stunning views of the Dubai Canal. Residents enjoy an urban lifestyle with access to fine dining, boutique cafes, waterfront promenades, gyms, and art spaces, all set against a backdrop of architectural elegance. The Dubai Water Canal also adds a touch of serenity, perfect for walks, boat rides, or simply enjoying the city lights by the water.
As one of the most well-connected and sought-after areas in Dubai, Business Bay continues to grow as a leading hub for luxury living and commercial innovation. Whether you're working, living, or investing, it offers the perfect blend of modern convenience, cosmopolitan energy, and high-end urban living — all in one prime location.
2 units in Paramount Tower Hotel And Residences
| Type | Model | Bedrooms | Area (sqft) | Price | |
|---|---|---|---|---|---|
| Apartment | Studio | 0 | 520 | AED 1.36M | |
| Apartment | 1 Bedroom | 1 | 844 | AED 2.10M |
Paramount Tower Hotel And Residences payment plan
Indicative payment structure for Paramount Tower Hotel And Residences in Business Bay. Exact instalment dates are confirmed at booking. Register interest for the full schedule.
- On booking100%
Facilities at Paramount Tower Hotel And Residences
- State Of Art Wellness Facilities
- Axis Of Action
- Mixologist Bar
- Sky Hotel Lobby
- 235m High Infinity Pool
- World-Class Chefs And Inspired Menus
- Meeting Rooms
Inside Paramount Tower Hotel And Residences
Paramount Tower Hotel And Residences master plan and site layout
Cluster layout, tower positions and amenity placement across Paramount Tower Hotel And Residences. An advisor sends the full-resolution master plan with the current availability sheet.
Want to know which cluster, floor or view is still available? Our team walks you through the plan and shortlists the units that match your budget.
Paramount Tower Hotel And Residences brochure, floor plans and payment plan
The official DAMAC document pack for Paramount Tower Hotel And Residences — 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.
Paramount Tower Hotel And Residences questions buyers ask
- What is the starting price at Paramount Tower Hotel And Residences?
- Paramount Tower Hotel And Residences starts from AED 1.36M – AED 2.61M for studio, 1 bedroom in Business Bay. Current unit-level pricing is confirmed on enquiry.
- Where is Paramount Tower Hotel And Residences located?
- Paramount Tower Hotel And Residences is in Business Bay, a DAMAC master-planned community in Dubai, United Arab Emirates.
- When is handover at Paramount Tower Hotel And Residences?
- Handover for Paramount Tower Hotel And Residences is scheduled for Q3 2019.
- What unit types are available at Paramount Tower Hotel And Residences?
- Paramount Tower Hotel And Residences offers studio, 1 bedroom, with 0 to 1 bedroom homes from about 520 sq ft.
- Can foreigners buy at Paramount Tower Hotel And Residences?
- Yes. Paramount Tower Hotel And Residences 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.
Paramount Tower Hotel And Residences for international buyers
Paramount Tower Hotel And Residences 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.