Business Bay, Dubai
Damac Towers by Paramount
Starting from
AED 1,231,650 to AED 2.91 MType
ApartmentLayouts
4Unit typesHandover
Q3 2019Down payment
20%On bookingOverview
About Damac Towers by Paramount
Project general facts
DAMAC Towers by Paramount Hotels & Resorts is an iconic hotel and residential complex located in the heart of Dubai’s prestigious Burj area. This four-tower development, comprising three towers of circa 1,200 luxury apartments and a fourth that houses the Paramount Hotel, will present sumptuous living with a Hollywood flavour. The multi-level plaza, which links the four 270-metre towers, will offer an eclectic selection of speciality dining, dine-in cinema, wellness centres, swimming pools and a Kids Studio Club.
The magnificent and luxurious Paramount Hotel boasts over 800 bespoke styled hotel rooms, along with a host of world-class facilities. In Hollywood, it’s rare to have the chance to top your first big hit. But after seeing the iconic Paramount Studio Gate, the lobby is a sequel that’s even more impressive. A sophisticated yet inviting space, the lobby features contemporary design cues and the signature style of a major Hollywood studio. Subtle lighting and a theatrical high ceiling lend a backdrop that personifies the essence of cinematic styling.
Finishing and materials
Your apartment is the ultimate signature of luxury. You can see attention to detail in every aspect of this icon; be it the architectural finesse, thoughtful space allocation or the endless opulent appointments
Kitchen and appliances
Fully equipped kitchen
Furnishing
Fully-furnished apartments
Location description and benefits
Life comes alive in the buzzing Burj area with sights and sounds reminiscent of the world’s greatest cities. This highly sought-after iconic hotspot is where world-class shopping, epicurean adventures and high-octane festivities converge. Your luxury apartment is right in the midst of an exquisite world of landmark icons.
Dubai International Financial Centre, educational institutions, medical facilities, museums, art galleries and Dubai International Airport are also nearby.
Payment Plan
- 20% payment:On booking
- 10% payment:3 months after booking
- 10% payment:6 months after booking
- 10% payment:9 months after booking
- 10% payment:12 months after booking
- 10% payment:15 months after booking
- 10% payment:18 months after booking
- 10% payment:21 months after booking
- 10% payment:24 months after booking
Amenities
What’s inside the community
Location
Business Bay, Dubai
Units & pricing
4 layouts available
1 Bedroom Apartments
AED 2,572,500 — AED 2,709,000 Golden Visa eligible2 Bedroom Apartments
AED 2,909,000 — AED 0 Golden Visa eligible3 Bedroom Apartments
-Investment case
Where the numbers land
Golden Visa
AED 2MThreshold met on the larger units
Units at or above AED 2M clear the property threshold for the 10-year UAE Golden Visa. Smaller layouts on this project do not — the eligible ones are marked in the units list above.
Entry price
1,231,650Lowest entry on this project
The starting price across all available layouts from DAMAC.
Handover
Q3 2019Off-plan horizon
Payment is staged against construction through to handover, starting at 20% on booking.
Developer
DAMAC
This project is developed by DAMAC. Handover is scheduled for Q3 2019.
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Damac Towers by Paramount