DAMAC Towers by Paramount Summary

By Damac Properties   |     Business Bay

AED 2.2 Million

  • Property Type: Apartment
  • Bedroom: 1, 2 & 3 Bedrooms
  • Size: On Request
  • DownPayment: 20%
  • Payment Plan: 20\80
  • Handover: Ready To - Move in
Damac Towers by Paramount - Special Eid Offer 2019

DAMAC Towers by Paramount Overview

Damac Towers by Paramount Hotels & Resorts is an investment-friendly hotel and residential complex, located right in the centre of Burj area, Dubai. The development comprises of 4 towers, with 3 towers offering 1200 luxury apartments and the 4th tower is home to Paramount Hotel & Residences, which adds a bit of Hollywood flavour and enhances its overall appeal.

Herein, you will come across the multi-level plaza that connects the four – 270-meter tall towers. As such, you will surely relish at the prospect of getting an opportunity to experience and enjoy the virtues of living in an exclusive lifestyle hub. Offering a choice of speciality – dining, Dine- in –cinema, wellness- centres, studio-club for kids, there is a lot of things for you to discover.

For your benefit, the development features fully furnished 1, 2, & 3 bedroom suites, lined with some of the best in class facilities. You are not necessarily required to do much. Every aspect is arranged systematically, keeping in mind your specific need and preferences.

The elegant and spacious living spaces of the residential units are meant to make you feel special.

Overall, the development presents you an opportunity to get a taste of a lifestyle, which is normally reserved for the royalty.


Project Highlights:
  • 8% gross return guarantee for 3 years
  • Investment friendly hotel & residential complex
  • Featuring 1,2 & 3 bedroom suites
  • Located in the Burj area, Dubai
  • World- class development
  • Access to best in class facilities

Feature & Amenities

Home to some of the finest amenities, Damac Towers by Paramount Hotels & Resorts clearly redefines the concept of luxury and elegance. The focus here is on introducing you to a world full of glamour and glitz and this is one aspect that you are unlikely to miss.

Specification:-
  • Furnished and serviced one, two and three bedroom suites
  • Eight restaurants, bars, and lounges
  • Retail outlets including a Paramount Hotels & Resorts Boutique
  • Wellness and fitness center
  • Grand lobby
  • Steam room and sauna
  • Kids Studio Club
  • Luxury spa
  • Meetings and events facilities
  • Screening rooms modeled after the professional Studios at Paramount
  • Temperature-controlled swimming pool
  • State-of-the-art gymnasium
  • 24-hour valet parking service
  • Ample parking space

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Payment Plan

Considering the scale of the development, Damac Towers by Paramount Hotels & Resorts gets a lucrative payment plan. To make it more investor-friendly, the developer is presenting flexible and affordable down payment options.

Besides, the 8% gross return guarantee for 3 years clearly benefits the buyer in the long run.

Option 1: Units priced below 3 million

InstallmentMilestonePayment (%)
DepositImmediate20% + 4% RERA registration fees
1st InstallmentWithin 90 days of Sale Date10%
2nd InstallmentWithin 180 days of Sale Date10%
3rd InstallmentWithin 270 days of Sale Date10%
4th InstallmentWithin 360 days of Sale Date10%
5th InstallmentWithin 540 days of Sale Date20%
Final InstallmentWithin 720 days of Sale Date20%


Option 2: Units priced above 3 million

InstallmentMilestonePayment (%)
DepositImmediate20% + 4% RERA registration fees
1st InstallmentWithin 180 days of Sale Date10%
2nd InstallmentWithin 360 days of Sale Date10%
3rd InstallmentWithin 540 days of Sale Date15%
4th InstallmentWithin 720 days of Sale Date20%
5th InstallmentWithin 900 days of Sale Date15%
Final InstallmentWithin 1080 days of Sale Date20%

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Location Map

Location & Connectivity

Damac Towers by Paramount Hotels & Resorts located at Business Bay, Dubai is set in one of the most sought-after locations on earth, with envious views of the world's tallest fountain, the world's largest tower, and the world's busiest mall.

Each luxury serviced residence has stunning views providing high-end concierge services, in-room facilities, luxurious spa, kids club, fully-fitted kitchens and a unique rental pool scheme.

Master Plan

Developments & Neighborhoods

Keeping up with the changing times, Damac Towers by Paramount Hotels & Resorts is being projected as a master-planned development. Strategically located in the Burj Area, this one of a kind project will open up a whole new world of opportunity.

Providing a mix of commercial, residential, hospitality, shopping, wellness and entertainment options, it emerges as a viable investment opportunity that is all set to benefit you with great returns.

Most important of all, the pristine setting and the facilities on offer will indeed impress you.

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Floor Plan

Floor Plan  Property Type
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Tower-B-Typical-Floor-Plan-1 Tower-B-Typical-Floor-Plan-1
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DAMAC Towers by Paramount Gallery

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