Paramount Tower Hotel and Residences

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Business Bay, Jumeirah, Dubai

For Sale 7 Units AED1,500,000
Dec 2019 Completed

Paramount Tower Hotel and Residences in Business Bay, Dubai

Paramount Tower Hotel and Residences is a Business project located in Business Bay, Dubai and was completed in Dec 2019. It has 0 units 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 Paramount Tower Hotel and Residences

Payment Plan

Payment TermPercent/ValueMilestone
Down Payment10% + 4% DLD FeesImmediate
1st Installment10%Within 120 days of sale date
2nd Installment10%Within 360 Days of Sale Date
3rd Installment10%Within 540 Days of Sale Date
4th Installment10%Within 720 days of sale date
5th Installment50%On Completion

Video of Paramount Tower Hotel and Residences

  • Developer Overview

Prices by Room Types

3 Unit Types | 7 Units Available for Sale at Paramount Tower Hotel and Residences

1 Bedroom
AED1,498,000 - AED2,310,000
Best Price Lowest price per square meter in the project.
Best Price

This unit type has the lowest price per square meter, which is 16% below the average price per square in the project. Don't miss it!

Only 3 left
2 Bedroom
AED2,300,000 - AED2,622,000
Only 2 left
3 Bedroom
AED2,700,000 - AED2,720,000
Only 2 left

Available Units at Paramount Tower Hotel and Residences

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Communal Pool Communal Pool
Indoor Kids Zone Indoor Kids Zone
Spa Spa
Steam Room Steam Room
Sauna Sauna
Communal Gym Communal Gym
On Site Restaurant On Site Restaurant

About the Developer - Damac Properties

All Damac Properties Projects
71 Projects 3,684 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.


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Business Bay

Neighborhood Overview of Business Bay, Dubai

Neighborhood Overview

Location and Neighborhood

Street View

Surrounding area

Paramount Tower Hotel and Residences is conveniently located just 890 m from ZOOM, which can be reached within 11 mins. by foot.

There are many other shops situated in the area of Paramount Tower Hotel and Residences, the 3 closest being:
- Xotic Skin is 120 m away (about 1 min. by foot)
- Al Wasl Center is 3.1 km away (an approx. drive of 8 mins.)
- Bay Avenue is 1.7 km away (an approx. drive of 6 mins.)

The surrounding area, where Paramount Tower Hotel and Residences is situated, offers a wide variety of restaurants. See the closest of them below:
- Kebabji is 480 m away (a walk of about 6 mins.)
- Zahr EL Rouman is 120 m away (a walk of about 1 min.)
- Kababji Grill is 490 m away (a walk of about 6 mins.)

Perfect Smile Dental Center is the nearest health facility, which is 530 m away (you can walk there in 7 mins.) from the project, while the closest schools in the proximity of Paramount Tower Hotel and Residences are:
- Urban Yoga Dubai 🧘 is 500 m away (about 6 mins. by foot)
- My servant is 500 m away (about 6 mins. by foot)
- Learning Tree Nursery is 500 m away (about 6 mins. by foot)

Dubai International Airport is located 20.8 km from Paramount Tower Hotel and Residences and it takes about 22 mins. by car or taxi (depending on the traffic) to get there.

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