Damac Towers by Paramount
The facts, verified
About the project
Project general facts Damac Towers by Paramount is an iconic mixed-use residential and hospitality development located in Dubai’s prestigious Burj area. The project consists of four striking towers rising approximately 270 metres above the city, with three towers dedicated to luxury residences and the fourth housing the Paramount Hotel. Inspired by the glamour of Hollywood, the development combines sophisticated architecture with cinematic design influences, offering a distinctive lifestyle experience in one of Dubai’s most sought-after locations near Downtown Dubai and the city’s major attractions. The development features an extensive collection of premium amenities designed to reflect the luxury hospitality standards of the Paramount brand. A multi-level plaza connects all four towers and includes specialty restaurants, a dine-in cinema, wellness facilities, swimming pools, and a dedicated Kids Studio Club. Residents also benefit from access to the world-class facilities of the Paramount Hotel, creating an environment that blends residential comfort with five-star hotel services and entertainment-focused experiences. The interiors are designed with exceptional attention to de
Amenities
Payment plan
| Milestone | Share | On AED 1.1M |
|---|---|---|
| On booking, + 4% DLD + 1000 AED Oqood | 20% | AED 227K |
| Post Handover | 80% | AED 908K |
Model your own entry point with the payment plan calculator →
Unit mix
Floor plans
Business Bay masterplan
Location & connectivity
- City School Holdings International9 min
- South Ridge Park10 min
- Dubai Mall12 min
- Mercato Beach21 min
- Dubai International Airport12 min
Questions investors ask
Is the project escrow-registered?
Yes, escrow account 15808213. Payments release to the developer only against certified construction progress.
What are the fees on top of the price?
4% DLD registration fee, admin/registration fees, and our brokerage fee is paid by the developer. You pay no commission buying off-plan through Equity Edge.