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

Damac Towers By Paramount Podium

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 Podium
DAMAC Properties

Damac Towers By Paramount Podium

Business Bay

Studio, 1 - 4 BedsMultiple

Launch price

1,130,000 AED

Payment Plan: 20/-/-

Damac Towers By Paramount Podium

Business Bay

by DAMAC Properties

Booking
20%

Booking

Construction
-

Construction

Handover
-

Handover

Local Information

MapSchoolsShop & Eat
-- to

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 Podium

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 Podium

No sales transactions found

What's Available for Damac Towers By Paramount Podium

Unit #TypeBedsFromBuilt-upInt. AreaExt. AreaFloor

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Price Trends

For units in Business Bay

Comparable Buildings in Business Bay

Assigned Schools

Affordability

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FAQ

Damac Towers By Paramount is well-suited for investors seeking exposure to the Business Bay hospitality and serviced-residence sector. The complex features a mix of residential apartments and hotel suites, attracting a consistent flow of short-term and long-term tenants drawn to its central location and branded lifestyle concept.
The complex is anchored by a multi-level podium that houses a variety of lifestyle facilities, including a temperature-controlled swimming pool, a wellness centre, and screening rooms inspired by professional film studios. Residents also have access to an extensive selection of on-site dining, bars, and retail outlets managed in collaboration with the Paramount brand.
The Burj Khalifa/Dubai Mall Metro Station is the closest transit link to the complex. Given the towers' central Business Bay position, residents typically utilize taxi services or local bus routes for the connection to the metro network.
Damac Towers By Paramount sits within Business Bay, which is a designated freehold area in Dubai. This status allows expatriates and international investors to hold full ownership rights over their properties within the complex.
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Price Trends

For units in Business Bay

AED/ft²

Mean value
Damac Towers By Paramount Podium:

The full spread,
reveals the bias.

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

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Address Residences Sky View 2Emaar
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Q3 2019
Address Residences Sky View 2
3,568 AED/ft²
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Volante TowerXtreme Vision
4,266 AED/ft²
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Q1 2017
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4,266 AED/ft²
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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.