Paramount Tower Hotel is a completed 63-storey mixed-use tower in Business Bay, Dubai, by DAMAC, combining ground-floor retail, a hotel and furnished hotel apartments under the Paramount Hotels and Resorts concept. Studios start from AED 1,359,750.
The tower holds retail on the ground floor, the hotel on floors 5 to 25 and residences from floor 26 upwards, so residents enjoy full hotel infrastructure and services in one vertical community.
Apartments are fully furnished with fully equipped kitchens and modern finishes, ready to move in or rent out. The amenities follow the Paramount signature lifestyle, including a cinematic home theatre concept with a library of Paramount Pictures films.
The tower was completed in Q3 2019. 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 + 63
- Furnishing: Fully furnished
- Unit type: Hotel apartments
- Service charge: AED 23.5 per sq ft (subject to confirmation)
- Starting price: AED 1,359,750
Unit Types and Starting Prices
| Unit |
From (sq.ft.) |
Starting price (AED) |
| Studio |
520 sq ft |
AED 1,359,750 |
| 1 Bedroom Apartment |
1,049 sq ft |
AED 2,613,450 |
| 2 Bedroom Apartment |
On request |
On request |
| 3 Bedroom Apartment |
On request |
On request |
Availability changes frequently; contact us for the latest list.
Amenities and Lifestyle Spaces
- State-of-the-art wellness facilities
- Mixologist bar
- Sky hotel lobby
- 235m high infinity pool
- World-class chefs and inspired menus
- Meeting rooms
- Home theatre concept with Paramount Pictures library
Payment Plan
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Osmium
Properties
Payment Plan
20/80
Paramount Tower Hotel
20%On booking
80%Within 36 months from booking

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.
- Learning Tree Nursery: 1.2 km
- Bay Avenue: 1.2 km
- Bay Avenue Mall: 1.3 km
- Downtown Dubai: 2.7 km
- Mercato Beach: 6.2 km
- Dubai International Airport: 15.3 km
Why Buy Paramount Tower Hotel
- Completed tower, no construction wait
- Fully furnished apartments with hotel services
- Paramount brand and a 235m high infinity pool
- Prime Business Bay location near Downtown
Frequently Asked Questions
Is Paramount Tower Hotel ready?
Yes, it was completed in Q3 2019.
What unit types are available?
Furnished hotel apartments, from studios upwards.
What is the starting price?
From AED 1,359,750 for a studio, subject to availability.
What is the payment plan?
20% on booking and 80% within 36 months of booking, subject to confirmation.
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.