##### Project general facts
The 63-storey tower comprises retail on the ground floor and a hotel along with an array of signature Paramount Hotels & Resorts amenities for guests and residents alike. Residences include floors 26 to 63 and the hotel includes floors5 to 25.
A selection of opulent hotel rooms and suites not only offer an incredible experience for guests but also provide the opportunity for a lucrative investment. Tailored for comfort and to inspire creativity, the rooms feature a spectacular home theatre and access to a library of Paramount Pictures films. When the credits roll, the signature bed is the grand finale to your day.
##### Finishing and materials
Yes
##### Kitchen and appliances
Fully equipped kitchen
##### Furnishing
Fully-furnished apartments
##### Location description and benefits
Paramount Tower Hotel & Residences is set in one of the best possible locations, in the heart of Dubai. And for someone living in the tower, the red carpet treatment is like daily routine. Get used to the opulence, feel like a star. Most importantly act like one. Living in a tower that reaches over 258 meters in height, boasting superb views of the Burj area, the Dubai Canal along with vistas of the Palms, The World Islands and the iconic Burj Al Arab, you would always be looked up as a leading star.
Paramount Tower Hotel And Residences is a on sale residential development located in Business Bay , Dubai, UAE. Developed by DAMAC Properties, this project offers modern residential units designed to meet the needs of homebuyers and investors seeking quality real estate in the UAE. Prices start from AED 1,359,750. Unit sizes start from 519 sqft. The expected handover date is September 2019.
Business Bay, Dubai is one of the UAE's most sought-after residential destinations, offering residents easy access to schools, retail centres, restaurants, parks, and major transport links. The community surrounding Paramount Tower Hotel And Residences is well-established and continues to attract strong demand from both end-users and buy-to-let investors. Dubai's real estate market has shown consistent growth over recent years, driven by population growth, infrastructure investment, and the UAE's status as a global business and lifestyle hub. Residents of Paramount Tower Hotel And Residences benefit from proximity to key employment districts, international schools, and leisure destinations across the emirate.
Paramount Tower Hotel And Residences offers a selection of residential units to suit a range of budgets and lifestyles. Each unit is finished to a high standard with contemporary design, quality fixtures, and thoughtful layouts that maximise space and natural light. The development includes shared amenities typical of premium UAE residential projects, such as swimming pools, gyms, landscaped gardens, covered parking, and 24-hour security. DAMAC Properties is known for delivering projects on schedule with attention to build quality and resident experience.
DAMAC Properties offers structured payment plans for Paramount Tower Hotel And Residences, making the project accessible to first-time buyers and experienced investors alike. Dubai's real estate market continues to deliver among the highest rental yields of any global city, with residential properties in well-located communities regularly achieving gross yields of 6–9% per annum. Business Bay is particularly popular among tenants, ensuring strong occupancy rates for buy-to-let investors. Capital appreciation in this area has also been strong, with property values rising steadily as demand outpaces supply in key Dubai districts.
R A D A Real Estate is a RERA-registered brokerage in Dubai specialising in off-plan and ready residential properties across the UAE. Our team provides complete end-to-end support for buyers interested in Paramount Tower Hotel And Residences — from your initial enquiry through to site visits, sales agreement, Dubai Land Department registration, mortgage assistance, and final handover. We maintain a direct relationship with DAMAC Properties, giving our clients access to the latest availability, pricing updates, and exclusive launch offers. Whether you are purchasing as a primary residence, holiday home, or investment property, R A D A's experienced agents are here to guide you through every step of the process. Contact R A D A Real Estate today to arrange a consultation, request a floor plan, or register your interest in Paramount Tower Hotel And Residences.