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Damac Towers By Paramount
Damac Towers By ParamountBusiness Bay
TBD
- AED/ft²
Delivered: Q4 2018
Completed
DAMAC Properties

Damac Towers By Paramount

Business Bay

Studio, 1 - 4 BedsMultiple

Launch price

1,130,000 AED

Payment Plan: 20/-/-
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Buildings
Business Bay
Damac Towers By Paramount
DAMAC Properties

Damac Towers By Paramount

Business Bay

Studio, 1 - 4 BedsMultiple

Launch price

1,130,000 AED

Payment Plan: 20/-/-

Damac Towers By Paramount

Business Bay

by DAMAC Properties

Booking
20%

Booking

Construction
-

Construction

Handover
-

Handover

Local Information

MapSchoolsShop & Eat
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Description

DAMAC Towers by Paramount Hotels & Resorts offers apartments and hotel apartments for sale in Business Bay. DAMAC Properties developed this luxury complex, consisting of four towers, each soaring 68 stories high. The project was completed in 2019, featuring 972 apartments and 1024 hotel apartments. Three of the towers house serviced residences, while the fourth is dedicated to the Paramount Hotel Dubai. Residents have convenient access to Sheikh Zayed Road and Al Khail Road. The complex is near The Dubai Mall and Business Bay Metro Station. A multi-level podium connects the towers, providing various amenities.

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Price Analysis for Damac Towers By Paramount

Hotel

Studio

729 units
451 – 637 ft²
No market history available yet

Starting price

1.13M

2,397 /ft²

Current price

,

Price History for Damac Towers By Paramount

No sales transactions found

What's Available for Damac Towers By Paramount

Unit #TypeBedsFromBuilt-upInt. AreaExt. AreaFloor

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For units in Business Bay

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Assigned Schools

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FAQ

DAMAC Towers by Paramount serves both end-users seeking a serviced lifestyle and investors targeting the short-term rental market. A mix of residential units and hotel-managed apartments, combined with proximity to Downtown Dubai, makes it a frequent choice for professionals seeking a hotel-inspired living experience.
The complex features a multi-level podium that houses a dine-in cinema, a variety of themed restaurants, and a luxury spa facility. Branded through the collaboration with Paramount Hotels & Resorts, these amenities provide a distinct entertainment and leisure environment.
Local bus stops like the RBC Tower bus stop sit within walking distance, connecting to the wider transit network. While the complex sits in Business Bay, the nearest metro stations, such as Burj Khalifa/Dubai Mall Metro Station, lie within a short walk.
Along Al Mustaqbal Street, a central artery within Business Bay, the project holds a well-placed position. The four-tower complex sits near the Dubai Water Canal and within a short drive of Downtown Dubai landmarks like the Burj Khalifa and Dubai Mall.
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Price Trends

For units in Business Bay

AED/ft²

Mean value
Damac Towers By Paramount:

The full spread,
reveals the bias.

Every bedroom vs areaDeeper market contextLive benchmarks
Price trends provided by Dubai Land Department.

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Volante TowerXtreme Vision
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Q1 2017
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The strongest comps
sit beyond the first pass.

Every ranked comparableEvery ranked comparableDeeper yield dataDeeper yield dataCross-building contextCross-building context

Neighborhood Overview

Map showing Business Bay neighborhood outline
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Business Bay
247 Buildings For You
Buy: AED 112K - 550.0M
YoY Price Change: +5.4%
Gross Yield: No rental data available yet
Neighborhood stats provided by Dubai Land Department.