Overview
- Property ID
- 33813
- Category
- Residencial
Description
Spanning a massive 4-tower complex connected by a central multi-level podium, DAMAC Towers by Paramount Hotels & Resorts is an iconic mega-development by DAMAC Properties in partnership with Paramount Licensing Inc. Designed to bring the golden era of Hollywood luxury to Dubai’s financial hub, the master development reaches 270 meters (68 storeys) into the Business Bay skyline.
The development consists of three residential towers housing 1,200 luxury serviced apartments, alongside a fourth tower dedicated to the 5-star Paramount Hotel Dubai. Each residence is fully furnished and styled with contemporary cinematic touches, polished marble finishes, high-end stainless steel appliances, and floor-to-ceiling glass paneling that frames vistas of the Downtown Dubai skyline, Dubai Canal, and Burj Khalifa.
Managed with hotel-style servicing options under DAMAC Maison, this flagship address serves as an ideal turnkey investment for holiday-home operators and discerning end-users seeking dynamic lifestyle living.
Quick Project Breakdown
| Property Parameter | Project Details |
| Development Name | DAMAC Towers by Paramount Hotels & Resorts |
| Developer | DAMAC Properties |
| Brand Partner | Paramount Hotels & Resorts (Paramount Licensing Inc.) |
| Height & Structure | 4 Towers | 68 Storeys / 270 Meters Each |
| Total Inventory | 1,200 Serviced Residences + 800+ Hotel Keys |
| Configurations | Fully Furnished Studios, 1, 2, and 3 BHK Serviced Apartments |
| Unit Size Range | 473 Sq. Ft. to 2,238 Sq. Ft. |
| Project Status | Ready to Move In (Fully Handed Over) |
| Price Guide | Studios from ~AED 1.1M+ | 1 BHKs from ~AED 1.7M+ | 2 BHKs from ~AED 2.6M+ |
| Key Advantage | Multi-level podium plaza featuring private screening rooms, signature dining, and resort decks |
Daily Life & Hollywood Podium Amenities
The four towers are anchored by an 8-level podium plaza that acts as an exclusive social, dining, and wellness hub for residents and guests.
- Resort Pool Decks: Multiple outdoor swimming pools, lap pools, integrated Jacuzzis, and cabana-lined sun decks.
- Private Screening Room: Hollywood-themed private screening cinema for exclusive movie screenings and private screenings.
- PAUSE Spa & Wellness: Full-service luxury spa center featuring steam rooms, saunas, hydrotherapy, and custom wellness treatments.
- State-of-the-Art Fitness Gyms: Two fully equipped Technogym fitness centers with dedicated personal training areas.
- Themed Dining & Lounges: Access to signature restaurants, speakeasy lounges (Flashback Speakeasy), and poolside dining concepts on-site.
- Studio Club for Kids: Dedicated supervised play zones, splash pads, and activity clubs for families.
- Boutique Retail & Concierge: On-site supermarket, high-end retail boutique (The Vault), 24/7 concierge, and valet parking services.
Floor Plan & Layout Overview
- Studio Apartments (473 – 530 Sq. Ft.): Smart open-concept layouts featuring built-in wardrobes, luxury marble bathrooms, fully fitted kitchenettes, and high-floor city views.
- 1-Bedroom Apartments (914 – 1,080 Sq. Ft.): Generous living/dining rooms, master bedrooms with en-suite bathrooms, guest powder rooms, and private glass balconies.
- 2-Bedroom Apartments (1,400 – 1,600 Sq. Ft.): Dual en-suite bedroom configurations, closed/semi-open fitted kitchens, maid’s rooms in select units, and wraparound balconies.
- 3-Bedroom Apartments (1,950 – 2,238 Sq. Ft.): Top-tier corner units featuring expansive open plan entertainment spaces, dedicated maid’s quarters, high-end appliances, and direct views of the Burj Khalifa.
Location, Roads & Commuting
Positioned strategically between Downtown Dubai and the Dubai Canal in Business Bay, DAMAC Towers by Paramount provides seamless road connectivity to Dubai’s major highways.
- Downtown Dubai & Dubai Mall: 5-minute drive to The Dubai Mall, Burj Khalifa, and The Dubai Fountain.
- Financial Districts: 7 to 10 minutes to DIFC (Dubai International Financial Centre) and major Business Bay corporate towers.
- Dubai Design District (d3): Direct 3-minute drive across Al Khail Road.
- Highway Connectivity: Immediate access to Al Khail Road (E44) and Sheikh Zayed Road (E11).
- Airport Access: Reach Dubai International Airport (DXB) in 12 to 15 minutes.
Interested in buying or leasing in DAMAC Towers by Paramount? Contact our luxury property consultants today at +91 9773553393 to request live unit inventory, ROI rental yields, and private viewings.
Address & Navigation Details
- Building: DAMAC Towers by Paramount Hotels & Resorts (Towers A, B, C & Paramount Hotel Tower)
- Street / Area: Al Abraj Street / 14th Street, Business Bay
- City: Dubai
- Emirate: Dubai
- Country: United Arab Emirates (UAE)
- Postal / Zip Code: 00000 (or N/A)
FAQs
How many towers make up DAMAC Towers by Paramount?
The development consists of 4 towers connected by an 8-level podium. Three towers are dedicated to luxury serviced apartments, while the fourth tower houses the 5-star Paramount Hotel Dubai.
Are the apartments in DAMAC Towers by Paramount fully furnished?
Yes, all residential apartments come fully furnished with Hollywood-inspired designer interiors, fitted kitchens, and high-end furniture packages.
Is DAMAC Towers by Paramount ready to move in?
Yes, the complex was fully completed in 2019 and is ready for immediate owner occupancy or rental placement.
Is property in DAMAC Towers by Paramount eligible for foreign ownership?
Yes. The project is situated in a designated freehold zone in Business Bay, allowing foreign buyers of all nationalities to hold 100% full freehold title ownership.
