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Impala Real Estate
Paramount Tower Hotel And Residences

DAMAC · Business Bay · Dubai · United Arab Emirates

Paramount Tower Hotel And Residences

9of 11 units availableNow sellingEscrow registered

The essentials

Price from
AED 1,359,750
Price to
AED 2,613,450
Bedrooms
Studio – 1 bed
Sizes
520 – 1,049 sqft
Per sq ft
about AED 2,615
Service charge
23.5 AED/sqft
Status
completed
Furnishing
yes
Handover
Q3 2019
Buildings
1

Payment plan

100
100%

AED 1,359,750 to reserve the lowest-priced home, then about a month to handover.

Live availability

9 homes are still unsold.

Get the developer’s own sheet — unit number, floor, exact size, price and price per square foot for every one.

Arrives in about a minute. No phone call unless you ask for one.

What does your budget buy here?

Set a figure and we will match it against what is still available in this project.

AED
AED 1,359,750AED 2,613,450
How I plan to pay

Off-plan mortgages are arranged at handover, against the completed home.

You will get the unit number, floor, size and exact price for each — not the whole building.

About this project

DAMAC

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.

Layouts

8

Studio

520 – 520.22 sqft

AED 1,359,750

Studio

519.69 – 520 sqft

AED 1,359,750

Studio

520.11 sqft

AED 1,359,750

Studio

519.79 – 520 sqft

AED 1,359,750

Studio

520.22 sqft

AED 1,359,750

1 bed

843.57 sqft

AED 2,098,950

1 bed

1,049.37 sqft

AED 2,613,450

1 bed

1,049.37 sqft

AED 2,613,450

Amenities

7

State Of Art Wellness Facilities

Axis Of Action

Mixologist Bar

Sky Hotel Lobby

235m High Infinity Pool

World-Class Chefs And Inspired Menus

Meeting Rooms

What’s nearby

6
Learning Tree Nursery1.2
Bay Avenue 1.2
Bay Avenue Mall1.3
Dubai International Airport15.3
Downtown2.7
Mercato Beach6.2

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