Damac Towers By Paramount

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Business Bay, Jumeirah, Dubai

  • 56 Floors
  • Completed (Dec 2019)
For Sale (81 Units)  From AED2,140,000
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Damac Towers By Paramount

(Write Review)
Business Bay, Jumeirah, Dubai
56 Floors
Completed (Dec 2019)
For Sale (81 Units) From AED2,140,000

Project Features

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

Prices by Room Types

Available Units at Damac Towers By Paramount

    No matching results
  • Price & Availability Last Updated: Jan 20, 2020

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%

Damac Towers By Paramount in Business Bay, Dubai

Damac Towers By Paramount is a condo and apartment project located in Business Bay, Dubai and was completed in Dec 2019. It has 0 units across 56 floors and was developed by Damac Properties, who is also behind Aykon City (The Residences), Bait Al Aseel Villas and Avencia 2 at Akoya Oxygen.

About Damac Towers By Paramount

Damac Towers by Paramount is a mega project consisting of four buildings, one of which will house the Paramount branded hotel while the other three buildings will have the Damac Maison Paramount serviced residences. According to developer press-releases, there are more than 1,000 serviced one, two and three bedroom apartments and the hotel will have 800 rooms.

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United Arab Emirates

Business Bay

Neighborhood Overview


Surrounding area

Damac Towers By Paramount 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 Damac Towers By Paramount, 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 Damac Towers By Paramount 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 Damac Towers By Paramount 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 Damac Towers By Paramount and it takes about 20 mins. by car or taxi (depending on the traffic) to get there.

Frequently asked questions

The Dubai Mall is the closest Shopping Mall from Damac Towers By Paramount and it is 4.22 km away.

Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.

In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name.  The ownership titles of these 49 units is referred to as Freehold or Foreign Quota. 

This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.

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After you have found the right property you have to follow these steps:

  • Agreement of terms and conditions
  • Reservation Agreement
  • Reservation Deposit
  • Sales and Purchase Agreement
  • Settlement & Transfer
  • Read more here

    Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.

    Read more here