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Damac Towers by Paramount

Damac Towers by Paramount Hotels & Resorts is a residential and hotel complex that is investment-friendly located in the centric location of Burj area in Dubai, UAE. This development features 4 towers in total with 3 towers offering 1200 luxury apartments while the 4th tower is home to Paramount Hotels & Resorts that enhances its overall appeal while adding a bit of Hollywood flavor.

In this development, you would be able to come across a multi-level plaza that connects these four 270-meter-tall towers. Here, you would be able to get an opportunity to enjoy and experience the virtues of living in an exclusive lifestyle hub. The development offers a wide range of specialty within its dining, wellness centers, dine-in cinemas, studio club for kids, along with plenty of things that are available for you to discover.

Features & Amenities

Damac Towers Business Bay is home to a wide range of finest and world-class amenities and facilities. This development clearly redefines the concept of elegance and luxury. The developers have put up immense focus introducing the residents to a world full of glitz and glamour that you would not ever want to miss.

  • Ample parking space
  • The development features serviced and furnished 1, 2 and 3 bedroom suites.
  • 24-hour valet parking space
  • The development is home to bars, eight restaurants, and lounges.
  • Fully-equipped gymnasium
  • The development features retail outlets including Paramount Hotels & Resorts Boutique.
  • Temperature-controlled swimming pool
  • Fitness and wellness center
  • Events and meetings facilities,Screening rooms designed on the concept of Professional Studios located at Paramount.
  • Grand lobby, Luxury spa
  • Sauna and steam room
  • Studio Club for kids

Payment Plan

Damac Towers by Paramount Hotels & Resorts offers affordable and lucrative payment plans for the residents considering the size of the development. In order to make this development more investment-friendly, the development also offers affordable and flexible down payment options as well as easy monthly installment options. The buyers can register their property within this development by paying as low as 10% of the total amount as down-payment while paying the remaining amount in easy monthly installments.

InstallmentMilestonePercentage (%)
Down PaymentOn Booking10% + 4% DLD Fee
1st InstallmentWithin 90 days from booking10%
2nd InstallmentWithin 180 days from booking10%
3rd InstallmentWithin 270 days from booking10%
4th InstallmentWithin 360 days from booking10%
5th InstallmentWithin 450 days from booking10%
6th InstallmentWithin 540 days from booking10%
7th InstallmentWithin 630 days from booking7.5%
8th InstallmentWithin 720 days from booking7.5%
9th InstallmentWithin 810 days from booking5%
10th InstallmentWithin 900 days from booking2.5%
11th InstallmentWithin 990 days from booking5%
Final InstallmentWithin 1080 days from booking2.5%

Floor Plan

The floor plans of Damac Towers by Paramount Business Bay combine the innovative design theme of the development that is bound to draw the attention of the residents towards this exceptional development. The classy and modern interiors of the development offer wide living spaces to present you with residences that have their unique charm and identity.

Master Plan

Damac Paramount Business Bay is a master-planned development keeping up with the changing time needs of individuals and families. This development is located in the ideal location of the Burj area within Dubai, UAE opening up a new world of opportunity for the residents through this one of a kind project.

The development provides a mix of residential, commercial, hospitality, wellness, shopping, and entertainment options while emerging as a viable investment opportunity that will advantage you with great investment returns.

Most importantly, the facilities and the pristine setting of the development will surely impress the residents.

Location Map

This development is located in the most ideal community of Business Bay in Dubai, UAE. Business Bay is one of the centric locations in Dubai, UAE providing the residents with magnificent and unobstructed views of the world’s tallest dancing fountain, the world’s busiest mall Dubai Mall and the world’s tallest tower Burj Khalifa. 

Each residential suite located within the development offers magnificent views of the surroundings while providing them with high-end concierge services, a luxurious spa, in-room facilities, kids club, a unique rental pool scheme, and a fully-fitted kitchen.



  • Dubai Mall – 5 minutes drive
  • Dubai International Financial Center – 5 minutes drive
  • Downtown Dubai – 5 minutes drive
  • Dubai International Airport – 15 minutes drive
  • Dubai Creek Harbor – 10 minutes drive
  • Kite Beach – 15 minutes drive
  • Mall of the Emirates – 15 minutes drive
  • Dubai Marina – 20 minutes drive
  • The Palm Jumeirah – 20 minutes drive

Major Attractions from Damac Towers by Paramount in Business Bay:

  • Dubai Marina – 2.71 KM
  • Burj Khalifa – 17.02 KM
  • Deira Twin Towers – 23.8 KM
  • Dubai Creek Harbor – 23.8 KM
  • Al Maktoum International Airport – 22.33 KM

Get in touch

Damac Towers by Paramount

Damac Paramount features fully furnished 1,2 and 3 bedroom luxurious apartments that are equipped with some of the best and high-end amenities and facilities. Every aspect within the development is arranged systematically keeping in need the preferences and needs of the residents.

The spacious and elegant living spaces within the exceptional development are meticulously crafted to make you feel special. Overall, the development offers an opportunity to get a taste of a luxurious lifestyle that is normally only reserved for the royal people.


Project Highlights:

  • The development provides the residents by providing them with access to high-end amenities and facilities.
  • It is an investment-friendly residential and hotel complex.
  • It is a world-class development.
  • The development features 1, 2 and 3 luxurious bedroom suites.
  • It is located in the ideal location of the Burj area in Dubai, United Arab Emirates (UAE).

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