Tower A

(1 Review)
DAMAC Towers by Paramount, Business Bay, Dubai
Dec 2019 Completed
56 Floors

Overview of Tower A in DAMAC Towers by Paramount, Dubai

Tower A is a project located in DAMAC Towers by Paramount, Dubai and was completed in Dec 2019. It has 0 units across 56 floors and was developed by Damac Properties, who is also behind The Sapphire, Volta and Damac Casa.

About Tower A

Damac Towers By Paramount is hotel and residential tower in the centre of Burj area within Business Bay. Close proximity to The Downtown and Dubai Mall, the main road like Sheikh Zayed Road is in vicinity.

The project presents the luxury-serviced residences with stunning views of Burj Khalifa and city skyline. An array of amenities are fully furnished and equipped with high-end materials and fittings. Including fully fitted kitchens, exclusive services, and luxurious in-house facilities such as modern gymnasium, swimming pools, leisure facilities and entertainment options. Besides, there are a variety of foods and beverage services, recreational activities, a wellness and fitness centre, expansive swimming pools and retail shops. Residents can enjoy and experience fashionable living with the service standard of the luxury hotels and first class amenities. The contemporary design and inspired urban concept are carefully designed to provide elegant lifestyle to its residents.

Project Information
Damac Towers By Paramount is A luxury hotel and residential tower featuring a 68-storey hotel with 800 rooms next to Sheikh Zayed Road. Consists of 1, 2, and 3 bedroom apartments with Paramount-standard amenities and services. Developed by Damac Properties and It was completed in 2020.

Room Types and Details
1 bedroom; size between 841 - 1,055 Sq.ft
2 bedroom; size between 1,112 - 1,582 Sq.ft
3 bedroom; size between 1,577 - 2,028 Sq.ft

Facilities
- Valet services
- High-speed elevators
- Event space
- Fitness centres
- Swimming pools
- Pool bar
- Restaurants, bars and lounges
- Grand lobby
- Steam room and sauna
- Kids Studio Club
- Luxury spa
- Meetings and events space

Direction
Starting from Marasi Dr, head northeast and make a U-turn. Turn right to merge onto Marasi Dr, (there will be TOOT FUN YACHTS | Marasi Marina will be on the left). Next, turn right and slight right for 500 meters. Turn right and turn right again. DAMAC Towers Paramount will be on the right.

Video of Tower A

  • Developer Overview
Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Facilities and Floor Plans

Facilities

Leisure
Communal Pool
Bar
Indoor Kids Zone
Steam Room
Sauna
Fitness
Communal Gym
Convenience
Hotel Managed
On Site Restaurant
Car Parking
Reception / Lobby Area
Safety
24H Security
CCTV (Video Surveillance)

Payment Plan

Installment Milestone Payment
Deposit
Immediately: 10% +4% DLD
14%
1st - 6th Installment
Pay 10% every 90 days from Deposit
60%
7th & 8th Installment
Pay 15% every 90 days from 6th Installment
15%
9th Installment
810 days after contract signing
5%
10th Installment
900 days after contract signing
3%
11th Installment
990 days after contract signing
5%
12th Installment
1080 days after contract signing
3%

Master Plan

About the Developer - Damac Properties

All Damac Properties Projects
185 Projects 29,925 Units

DAMAC Properties has been at the forefront of the Middle East’s luxury real estate market since 2002, delivering residential, commercial and leisure properties across the region, including the UAE, Saudi Arabia, Qatar, Jordan, Lebanon, Oman and the United Kingdom.

Making its mark at the highest end of stylish living, DAMAC Properties has cemented its place as the leading luxury developer in the region, having delivered over 26,000 homes, with a development portfolio of more than 40,000 units at various stages of progress. This includes 10,000 hotel rooms, serviced hotel apartments and hotel villas that will be managed by its wholly-owned DAMAC Hotels & Resorts.

DAMAC Properties, as a leading luxury real estate developer, strives to provide dream homes and unique living concepts to customers from all over the world.

DAMAC Properties prides itself on its uncompromising commitment to service excellence, whether we are helping a young couple choose the perfect family home or advising investors on properties offering the best investment returns. This is why DAMAC Properties is recognised as one of the leading luxury developers in the Middle East.

Since 2002, we have delivered over 26,000 homes to our customers and that number grows daily. Our success stems from the arduous effort of selecting and retaining talented employees, to choosing the right development partners that include award-winning architects, designers and contractors, right through to identifying prime development locations and selecting the sophisticated building materials that will deliver uncompromised quality standards.

By taking what we have learned from our customers over the past 17 years, we can say that we have become the region’s leading developer of bespoke homes and luxury destinations.

Frequently Asked Questions

Frequently asked questions about Tower A
The Dubai Mall is the nearest Shopping Mall from Tower A and it is 1.9 km away.

Reviews

4.2 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Hight standard services
Ruth Jones, Austria, 3 years ago
Nice location! This project is designed to fit a modern lifestyle which offers everything that I need in one place such as an amazing gym and multi purpose room. There are fully equipped amenities with a great design and good services from the staff which you can experience the true luxury lifestyle from here. At Damac Towers By Paramount, it offers easy access to other places because the main street like Emirates Rd is close by.
Dubai
DAMAC Towers by Paramount
Neighborhood Overview of DAMAC Towers by Paramount, Dubai

Neighborhood Overview

Location and Neighborhood

Street View


Surrounding area

Tower A is located 2030 from Bridge City Mini Mart and it can be reached within 5 mins by car.

There are many other shops situated in the area of Tower A, the 3 closest being:
- Meydan-ADC site office entrance is 10.7 km away (an approx. drive of 10 mins.)
- Archiade Atelier is 650 m away (about 8 mins. by foot)
- The Cartel Showroom is 870 m away (about 11 mins. by foot)

The surrounding area, where Tower A is situated, offers a wide variety of restaurants. See the closest of them below:
- The House is 40 m away (a walk of about 1 min.)
- Mailbu Trailer Manufactured by WheelsAhoy is 10 m away (a walk of about 1 min.)
- The Larder is 830 m away (a walk of about 10 mins.)

DXBone - Bone & Joint Center is the nearest health facility, which is 630 m away (you can walk there in 8 mins.) from the project, while the closest schools in the proximity of Tower A are:
- Bilal is 910 m away (about 11 mins. by foot)
- Blossom Design District Nursery is 640 m away (about 8 mins. by foot)
- Kids Castle Nursery is 940 m away (about 12 mins. by foot)

Dubai International Airport is located 20.3 km from Tower A and it takes about 20 mins. by car or taxi (depending on the traffic) to get there.

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