DAMAC's 2019 Project: Paramount Tower in Business Bay
5 min read

Paramount Tower Hotel And Residences by DAMAC offers luxury Hotel Apartments Studio from AED 1,359,750 and 1-bedroom units from AED 2,098,950 in Dubai's Business Bay, with handover in 2019.
Discover Paramount Tower Hotel And Residences by DAMAC in Business BayDubai's dynamic Business Bay is home to the prestigious Paramount Tower Hotel And Residences, a stunning project developed by DAMAC. This 63-storey tower, tailored for comfort and to inspire creativity, offers an unparalleled lifestyle with its fully-furnished hotel apartments and residential units. Residents and guests alike can enjoy breathtaking views of the Burj area, Dubai Canal, The Palms, The World Islands, and Burj Al Arab from their fully equipped apartments.Unit options include Hotel Apartments Studio starting from AED 1,359,750, and Hotel Apartments 1 bedroom from AED 2,098,950. The development boasts an array of signature amenities designed for a luxurious experience, such as a 235m high infinity pool, state-of-the-art wellness facilities, a mixologist bar, and meeting rooms. Each residence features a home theatre and access to a library of Paramount Pictures films.The payment plan is structured with a 10% payment on booking and the remaining 90% payment during construction. Handover for this exquisite property was in 2019, making it a compelling opportunity for immediate occupancy or investment. If you're looking for trusted partners on your investment journey, please reach out to us.
Frequently Asked Questions
Who developed Paramount Tower Hotel And Residences and where is it located?
Paramount Tower Hotel And Residences was developed by DAMAC and is located in Business Bay, Dubai.
What types of units are available and what are the starting prices?
The development offers fully-furnished Hotel Apartments Studio starting from AED 1,359,750, and Hotel Apartments 1 bedroom from AED 2,098,950.
What is the payment plan and when was the handover for the property?
The payment plan requires 10% payment on booking and the remaining 90% during construction. Handover for the property was in 2019.
What amenities are available at Paramount Tower Hotel And Residences?
Amenities include a 235m high infinity pool, state-of-the-art wellness facilities, a mixologist bar, meeting rooms, a home theatre, and access to a library of Paramount Pictures films.
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