Paramount Tower Hotel And Residences
The facts, verified
About the project
Project general facts The Paramount Tower Hotel and Residences is a 63-storey mixed-use development combining hospitality, residential living, and retail functions within a single high-rise structure. The building features retail spaces on the ground floor, a hotel occupying floors 5 to 25, and luxury residences located from floors 26 to 63. The project is designed under the Paramount Hotels & Resorts concept, integrating a cohesive architectural approach that blends hotel services with private residential living, creating a unified vertical community. The amenities within the tower are aligned with the Paramount signature lifestyle offering, providing a strong focus on entertainment and comfort. Residents and guests benefit from hotel-style services as well as curated leisure facilities, including access to a cinematic experience concept with a home theatre environment and a dedicated library of Paramount Pictures films. The development is tailored to deliver a hospitality-driven living experience, combining residential privacy with full hotel infrastructure and services. The interiors feature fully furnished apartments with a functional and comfortable layout. Kitchens are ful
Amenities
Paramount Tower Hotel And Residences payment plan
| Milestone | Share | On AED 1.36M |
|---|---|---|
| On booking | 100% | AED 1.36M |
Run your own numbers
Your purchase
| Milestone | When | Amount |
|---|---|---|
| Downpayment (100%) | On booking | AED 1,359,750 |
| DLD fee (4%) | On booking | AED 54,390 |
| Admin / Oqood (est.) | On booking | AED 5,250 |
Paramount Tower Hotel And Residences prices and unit mix
Project documents
Business Bay masterplan
Paramount Tower Hotel And Residences location and connectivity
- Learning Tree Nursery4 min
- Bay Avenue 4 min
- Bay Avenue Mall6 min
- Dubai International Airport18 min
- Downtown7 min
Business Bay registered prices, against Paramount Tower Hotel And Residences
Compare against another launch →About DAMAC
All their projects →
DAMAC Properties is part of DAMAC Group that has been shaping the Middle East's luxury real estate market since 1982, delivering iconic residential, commercial and leisure properties across the region and beyond. Since the early days of DAMAC Properties, the organisation has continually received recognition and…
Attractions within reach
Getting there
All lines →Schools within reach
Latest published inspection ratings, KHDA (Dubai) and ADEK (Abu Dhabi). Drive times approximate. Full school checker →
Questions investors ask about Paramount Tower Hotel And Residences
What is the starting price at Paramount Tower Hotel And Residences?
Paramount Tower Hotel And Residences starts from AED 1.36M and runs to AED 2.61M, across 0 bedroom, 0 bedroom, 0 bedroom, 0 bedroom. Prices move with each release; the pack carries the current list.
What is the Paramount Tower Hotel And Residences payment plan?
100% on booking, worked in dirhams on AED 1.36M in the table above. Every instalment is paid into the project’s regulator-controlled escrow account, with the 4% DLD fee on top at registration.
When is Paramount Tower Hotel And Residences handover?
DAMAC lists handover for Q3 2019, with the project currently completed. The project completion checker on this site carries the RERA-inspected percentage for Dubai projects, refreshed monthly, which is the number to read against that date.
Where is Paramount Tower Hotel And Residences?
In Business Bay, Dubai: Learning Tree Nursery 4 min, Bay Avenue 4 min, Bay Avenue Mall 6 min. The Business Bay community guide on this site has the registered prices, rents and schools around it.
Is the project escrow-registered?
Yes, escrow account 1001698784. 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.