DAMAC Towers by Paramount — Hotel Apartments

Ready to Move InDubai

DAMAC Properties · Dubai

DAMAC Towers by Paramount — Hotel Apartments

Business Bay, Dubai

Bedrooms

Studio – 1 Bed

Type

Apartment

Payment Plan

Cash, or the developer’s standard deferred plan (20% deposit, 8 x 10% installments over 24 months) — confirm current terms

Handover

Completed

Payment Plan

Deposit

Immediate

20%

1st Installment

Within 3 months of sale date

10%

2nd Installment

Within 6 months of sale date

10%

3rd Installment

Within 9 months of sale date

10%

4th Installment

Within 12 months of sale date

10%

5th Installment

Within 15 months of sale date

10%

6th Installment

Within 18 months of sale date

10%

7th Installment

Within 21 months of sale date

10%

8th Installment

Within 24 months of sale date

10%

Total100%

Amounts are indicative based on starting price. Developer contract sets the exact instalment schedule.

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Complex

4 Towers, 270m Each

Hotel Rooms

800+ (Paramount Hotel)

Starting Price

AED 702,000

Status

Ready to Move In

Unit Sizes

Studio451 – 637 sq ft

1 Bedroom1,058 – 1,580 sq ft

At a Glance

Ready to move in — four-tower, 270-metre landmark complex, already delivered
Branded hotel apartments within the tower housing the 800+ room Paramount Hotel
Speciality dining, dine-in cinema, wellness centres, swimming pools and a Kids Studio Club
Shares its multi-level plaza and amenities with the complex’s 3 residential towers
Located in the heart of Business Bay’s prestigious Burj area
Currently available units range AED 702,000 – 2,519,000, 451 – 1,580 sq ft, per DAMAC’s own dated unit-price list

About this project

DAMAC Towers by Paramount Hotels & Resorts is an iconic four-tower, 270-metre complex in Business Bay's Burj area, with the Paramount Hotel itself (over 800 bespoke-styled rooms) occupying its fourth tower. This listing covers branded studio and 1-bedroom hotel apartments within that tower, sharing the complex's multi-level plaza of speciality dining, a dine-in cinema, wellness centres, swimming pools and a Kids Studio Club. Completed and already delivered — DAMAC continues to offer remaining units with a deferred payment structure. Ask a PropSentral advisor for current availability, pricing and payment terms.

Interior, fully-furnished — click to enlarge

Amenities

Lifestyle & Comfort

Multi-Level Plaza
Dine-In Cinema

Dining & Social

Speciality Dining

Wellness & Fitness

Wellness Centres
Swimming Pools

Family & Kids

Kids Studio Club

Security & Access

Paramount Hotel Access

Investment Factors

Sourced demand and location factors — not a score, forecast, or recommendation. Use these to inform your own judgement.

Completion Status

Same complex-wide completion finding as the sibling Residences listing — see that listing’s Completion Status note for full detail (construction completed 2018/2019 per WebSearch, handover phase from 2021, brochure itself undated for handover).

Pricing & Unit Sizes

The Hotel Unit List PDF (3 pages) is a dated per-unit price sheet for the hotel-branded apartments only (unit codes prefixed "DTPC") — 49 individual units read across the sheet: 23 studios, 26 one-bedroom, extracted and cross-checked programmatically. Only "Upfront Price" is used as the authoritative figure, same reasoning as the sibling Residences listing.

Imagery

Shares the same genuine, high-resolution imagery as the sibling Residences listing (same physical complex) — see that listing’s Imagery note.

Not assessed here: competing/upcoming supply in the immediate area, projected capital growth, and future rental demand. These require independent research or a licensed local agent — ask a PropSentral advisor if you'd like help finding one.

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Location

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Map shows approximate project location. Exact site boundaries may vary.

About the Developer

DAMAC Properties

DAMAC Properties is a leading luxury real estate developer in the Middle East, with a portfolio spanning residential, commercial, hospitality and leisure properties. Known for landmark partnerships with Cavalli, Versace, Paramount Hotels, and Fendi Casa.

View all DAMAC Properties projects

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Starting from

AED 702K

Cash, or the developer’s standard deferred plan (20% deposit, 8 x 10% installments over 24 months) — confirm current terms · Handover Completed

Dubai — Market Yield Range

5% – 12.5% gross p.a.

Market-wide historic data, not a forecast for this unit. PropSentral does not provide investment or financial advice — seek independent advice before deciding.

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Developer-Direct Pricing

Same price as booking through the developer — zero resale markup.

One Advisor, Start to Finish

A single point of contact from reservation through to handover — no chain of resellers.