Paramount Tower Hotel And Residences

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Paramount Tower Hotel And Residences

Business BayDAMACQ3 2019
On Sale

AED 1,359,750 - AED 2,613,450

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Starting Price

AED 1,359,750

Size Range

520-1.049 sqft

Handover

Q3 2019

Total Units

11

Project Facts

Readiness progress

100%

Completed

Furnishing

Yes

Service Charge

23.5 AED/sqft

Escrow Number

1001698784

Buildings

1

Construction Started

01 Jul 2015

Construction Ended

30 Sept 2019

Overview

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.

Amenities

State Of Art Wellness Facilities
State Of Art Wellness Facilities
Axis Of Action
Axis Of Action
Mixologist Bar
Mixologist Bar
Sky Hotel Lobby
Sky Hotel Lobby
235m High Infinity Pool
235m High Infinity Pool
World-Class Chefs And Inspired Menus
World-Class Chefs And Inspired Menus
Meeting Rooms
Meeting Rooms

Parking

UnitParking

3 Bedrooms

Apartment

2 spaces

2 Bedrooms

Apartment

1 space

1 Bedroom

Apartment

1 space

Studio

Apartment

1 space

Buildings

Tower

Tower

Unknown

Escrow: 1001698784

Studio, 1, 2, 3 bedroom apartments & Studio, 1, 2 bedroom hotel apartments

Payment Plans

Payment Plan

100%

On booking

What's Nearby

Learning Tree Nursery1.2 km / 4 min
Bay Avenue 1.2 km / 4 min
Bay Avenue Mall1.3 km / 6 min
Dubai International Airport15.3 km / 18 min
Downtown2.7 km / 7 min
Mercato Beach6.2 km / 13 min

Documents

Location

Your dedicated advisor

Ruba Chummas

Ruba Chummas

Sales Advisor

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Takween Aldar

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Developer

DAMAC

DAMAC

Explore DAMAC projects and developer information in Dubai.

Area Guide

Business Bay
Business Bay

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Paramount Tower Hotel And Residences