Paramount Tower Hotel & Residences

Paramount Tower Hotel & Residences, developed by Damac, is a luxurious off-plan development located in the heart of Dubai's Business Bay. This iconic tower, soaring over 258 meters, offers breathtaking views of the Burj Khalifa, Dubai Water Canal, and the Palm Jumeirah. The project features a blend of residential and hotel units, providing an unparalleled lifestyle experience. With 799 residential units ranging from studios to three-bedroom apartments, this development caters to diverse preferences. The strategic location is surrounded by world-class attractions, including the largest shopping mall, the tallest building, and the highest dancing fountain, making it a prime investment opportunity. Don't miss your chance to be part of this Hollywood-inspired living experience.

Developer

DAMAC

Location

Business Bay, Dubai

Status

Off-Plan

Category

luxury_apartments

highrise_residential

Total Properties

799

Available Units

10

Storeys

60

Built Area

850,000 sqft(78967.55 m²)

Handover Starts

2027-01

Investment

Estimated Annual Rent

…

Rental Yield

5%

Investment Visa Eligible

✓

Capital Appreciation (Est.)

Year 5

+35%

Year 10

+70%