Paramount Tower By Damac

It’s a living, breathing world driven by imagination, where anything is possible. Elements of that lifestyle have been transported to Dubai in a supreme setting on the famous Sheikh Zayed Road.

The striking tower reaches over 250 metres in height and boasts superb views of the Burj area along with vistas of the Palms, The World Islands and the iconic Burj Al Arab. Dubai international Airport is just a 15-minute drive away and there are two metro stations in close proximity.

A selection of beautiful hotel rooms and suites not only offer an incredible experience for guests but also provide the opportunity for a lucrative investment too. Tailored for comfort and to inspire creativity, rooms
feature a spectacular home theatre and access to a library of Paramount Pictures films. When the credits roll, the signature bed is the grand finale to your day.

You’ll see attention to detail in every aspect of the Paramount Tower Hotel Dubai and be spoiled by the intelligent, attentive and intuitive hospitality style.

Exquisite design, warm service, stellar entertainment and premium dining, as well as the finest spa and fitness concepts, combine magically to mark a new chapter for the brand and set a rare standard in luxury hospitality. The result is an array of experiences and spaces that are precisely designed, detailed and directed.

RERA E-PERMIT : 5465
Project Number : 1665
Developer ID : 965
Project Name : PARAMOUNT TOWER HOTEL & RESIDENCES
Trust Account Number : 1001698784
Account Trustee Name : COMMERCIAL BANK OF DUBAI (PSC),
Estimated Completion date : Q4 2020

 

Community Features:

  • Hotel – levels 15 to 36
  • Dine-in Cinema
  • Rooftop infinity pool with stunning views of the neighbourhood
  • Rooftop terrace with seating and planting
  • Fitness and wellness centre
  • Luxury spa for men and women
  • Two restaurants
  • Kids Studio Club
  • Work Play Suites – fully equipped with lounge and meeting rooms
  • The Vault – Paramount Hotels & Resorts’ boutique

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Payment Plan

Installments Milestone Percentage
Deposit Immediate 10
1st Installment Within 60 Days of Sale Date 10
2nd Installment Within 240 Days of Sale Date 5
3rd Installment Within 360 Days of Sale Date 5
4th Installment On Completion of 10th Floor Structure 10
5th Installment On Completion of 25th Floor Structure 20
6th Installment On Completion of 60th Floor Structure 30
7th Installment On Completion 10

Building Specification

Developer Damac
Types of Units Residential Apartment 1, 2 & 3 Bedroom & Hotel Rooms - Studio, 1 & 2 Bedroom
Completion Q4 2020
Type Apartments & Hotel Rooms
Purpose Residential

Size and Price Range

Apartment Size Price
1 Bed 732 sqft AED 1,589,000
2 Bed 1156 sqft AED 2,140,000
3 Bed 1590 sqft AED 3,088,000
Hotel Rooms Size Price
Studio 517 sqft AED 1,200,000
1 Bed 746 sqft AED 1,679,000
2 Bed 1533 sqft AED 3,450,000