DAMAC Towers by Paramount is a completed, branded residential and hotel complex in Business Bay, Dubai, with four towers rising about 270 metres. Three towers hold fully furnished studios, one-bedroom and two-bedroom apartments, and the fourth is the Paramount Hotel. Prices start from AED 1,135,050.
The development combines three residential towers with the Paramount Hotel, connected by a multi-level plaza with specialty restaurants, a dine-in cinema, wellness facilities, swimming pools and a Kids Studio Club.
Interiors take their cue from Hollywood glamour. Every residence is delivered fully furnished with a fully equipped kitchen, so it is ready to live in or rent out from day one.
The towers were completed in Q3 2019 and are verified with the Dubai Land Department registry. Osmium Properties is an authorised sales partner for DAMAC; contact us for current availability and pricing.
Key Facts
- Location: Business Bay, Dubai
- Status: Completed, units available
- Handover: Q3 2019
- Floors: G + 69
- Furnishing: Fully furnished
- Service charge: AED 23.5 per sq ft (subject to confirmation)
- Starting price: AED 1,135,050
- Registration: Verified with DLD registry
Unit Types and Starting Prices
| Unit |
From (sq.ft.) |
Starting price (AED) |
| Studio |
451 – 637 sq ft |
AED 1,135,050 – 1,692,600 |
| 1 Bedroom Apartment |
929 – 1,155 sq ft |
AED 1,959,000 – 2,757,300 |
| 2 Bedroom Apartment |
1,407 – 1,517 sq ft |
AED 2,900,000 – 3,196,000 |
Availability and prices change; contact us for the latest list.
Amenities and Lifestyle Spaces
- Fitness centre
- Specialty restaurants and dining
- Swimming pools
- Dine-in cinema
- Wellness facilities
- Kids Studio Club
- Access to Paramount Hotel services
Payment Plan
A structured payment plan is a powerful investment tool. When used wisely, it can significantly increase your return on equity. Not sure how to make the most of it? Our advisors will explain everything for free.
Osmium
Properties
Payment Plan
20/80
DAMAC Towers by Paramount
20%On booking
80%Post handover

Payment terms vary by unit and are subject to confirmation at the time of booking.
Location
Business Bay is Dubai central business and residential hub, minutes from Downtown Dubai and the Burj Khalifa.
Sheikh Zayed Road and Al Khail Road give quick access across the city, and the Dubai Water Canal is close by.
- Downtown Dubai: 2.9 km
- The Dubai Mall: 3.0 km
- City School Holdings International: 3.6 km
- South Ridge Park: 4.0 km
- Mercato Beach: 7.7 km
- Dubai International Airport: 11.7 km
Why Buy DAMAC Towers by Paramount
- Completed and DLD verified, so no construction risk
- Fully furnished, turnkey apartments
- Branded tower with hotel-style services
- Prime Business Bay location near Downtown Dubai
Frequently Asked Questions
Is DAMAC Towers by Paramount ready?
Yes, it was completed in Q3 2019.
What unit types are available?
Furnished studios, one-bedroom and two-bedroom apartments.
What is the starting price?
From AED 1,135,050 for a studio, subject to availability.
Who is the developer?
DAMAC.
Register Your Interest
Speak to an Osmium Properties advisor (ORN 45025) on +971 58 598 4500 or leave your details below for the brochure, floor plans and current availability.
Prices, sizes and availability are subject to change and confirmation by the developer. The payment plan is indicative and may change. Ask our advisors for the current schedule.