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Damac Towers by Paramount - Business Bay – Business Bay, Dubai, UAE
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Damac Towers by Paramount - Business Bay

Business Bay, Dubai, UAE

Starting price

$332,226

AED 1,220,100 in the developer’s price list

Price and availability checked by our team on 16 Aug 2025.

Units
1 BR – 4 BR
Sizes
99 m²
Handover
Ready
Price alerts

About the project

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.

Units and prices

UnitSizeFromPlan
1 BR — $642,110
1 BR — $823,962
1 BR — $1,045,201
1 BR — $396,555
4 BR — Price on request

Availability changes daily. We send the live price list on request.

Your payments

Dubai Land Department fee (4%)
$25,684
Total with registration fee
$667,795

Example based on the developer’s plan. Your written estimate adds every fee before you reserve.

Amenities

  • Pool
  • Cinema

Location

Location of Damac Towers by Paramount - Business Bay on the map

Business Bay, Dubai, UAE · Open in Google Maps

Nearby

Transport

  • Dubai International Airport (DXB)18 min drive · 18 km
  • Sharjah International Airport (SHJ)33 min drive · 38 km

Shopping

  • The Dubai Mall9 min drive · 4.5 km
  • Wafi Mall11 min drive · 8.1 km
  • Dubai Festival City Mall10 min drive · 9.8 km

Schools & universities

  • GEMS Wellington Primary School10 min drive · 6.3 km
  • Hartland International School12 min drive · 6.6 km
  • North London Collegiate School Dubai13 min drive · 7.3 km

Beach & sights

  • Museum of the Future10 min drive · 6.5 km
  • La Mer Beach14 min drive · 9.1 km
  • Dubai Frame13 min drive · 9.8 km

Estimated drive times without traffic. Routes: © OpenStreetMap contributors.

Questions buyers ask

Can I buy from abroad?

Yes. Reservation and the sales agreement are signed digitally and off-plan payments go to the project’s escrow account. Registration can be done by power of attorney.

Does this project qualify for the Golden Visa?

Property worth AED 2 million or more qualifies, including off-plan units registered with Oqood. We confirm the unit and the paperwork before you reserve.

What do I pay on top of the price?

The Dubai Land Department fee (4%) plus registration and trustee office charges. Your written estimate lists each one.

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