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Selling
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$ 309K

  • Completion Date: Sep 30, 2019
  • Business Bay, Dubai

Overview
Type: Apartment, Hotel Apartment
Developer: DAMAC Properties
Price: $ 309K
Description

Project Overview

DAMAC Towers by Paramount Hotels & Resorts is an iconic hotel and residential complex located in the prestigious Burj area of Dubai. The development features four impressive towers, including three towers with around 1,200 luxury apartments and a fourth tower dedicated to the Paramount Hotel, offering a glamorous lifestyle inspired by Hollywood elegance.

The project is designed to deliver luxury living with a cinematic touch. The apartments feature thoughtful layouts, high-quality finishes, fully equipped kitchens, and fully furnished interiors, creating a ready-to-live experience with refined comfort. The lobby and shared spaces reflect the signature style of a major Hollywood studio, with dramatic design, subtle lighting, and a grand atmosphere that makes every arrival feel special.

Location & Amenities

DAMAC Towers by Paramount Hotels & Resorts is located in Dubai’s vibrant Burj area, one of the city’s most sought-after lifestyle and business destinations. The location places residents close to world-class shopping, fine dining, entertainment, cultural attractions, and landmark destinations.

Residents can enjoy a wide range of premium amenities, including speciality dining options, dine-in cinema, wellness centres, swimming pools, Kids Studio Club, luxury hotel facilities, grand lobby areas, and multi-level plaza spaces. The development is also close to DIFC, educational institutions, medical facilities, museums, art galleries, and Dubai International Airport, offering a complete lifestyle with comfort, convenience, and entertainment at the centre of Dubai.

Amenities and features
Typical unit
Fitness Centre

Typical unit
Eat And Drink

Typical unit
Swimming Pool

Typical unit
Dine-In Cinema

Typical unit
Wellness Features

General plan
img-general
Unit structures
Typical unit
$ 309K - $ 461K
451 sqft - 637.22 sqft
Typical unit
1Bedrooms
$ 533K - $ 751K
928.93 sqft - 1154.75 sqft
Typical unit
2Bedrooms
$ 790K - $ 858K
1387.58 sqft - 1516.85 sqft
Typical unit
4Bedrooms
$ 1.5M - $ 1.5M
2800.88 sqft - 2800.88 sqft
Parkings
    3 BR 2 parking
    2 BR,1 BR 1 parking
Payment plans
Payment Plan
Payment Plan 2
20%
On Booking
80%
Post Handover
On booking
3 payments
20%
On Booking
20%
DLD Fee
4%
Oqood Fee
AED 1000.00
Post Handover
2 payments
80%
From 3 to 24 months after booking (7% quarterly)
56%
From 27 to 36 months after booking (6% quarterly)
24%
100%
On Booking
On booking
3 payments
100%
On booking
100%
DLD Fee
4%
Oqood Fee
AED 1000.00

DAMAC Properties

DAMAC Properties is a major developer specializing in luxury real estate development in Dubai and other regions. The company was founded in 2002 and has since earned a reputation as one of the leading real estate developers in the United Arab Emirates. The company is known for its ambitious projects that epitomize luxury, style and innovation. It specializes in creating high-end residential complexes, apartments, villas, hotel and commercial properties. The developer is known for its wide portfolio of projects of various formats, from modern skyscrapers to boutique villas in exclusive neighborhoods. One of the highlights of DAMAC Properties' success is its golf course projects, which include luxury residential complexes and villas located around first-class golf courses. The company also actively collaborates with global fashion and design brands such as Versace and Fendi to create unique interiors and design concepts. The developer stands out for its high quality construction, innovative design approaches and unique concepts that make its projects desirable to locals and foreign investors. The company continues to develop and strengthen its position in the real estate market, offering unmatched quality and comfort to its clients.
Location
Nearby places
  • City School Holdings International 3.6 KM
  • South Ridge Park 4 KM
  • Dubai Mall 3 KM
  • Mercato Beach 7.7 KM
  • Dubai International Airport 11.7 KM
  • Downtown 2.9 KM
Contact Agency