| Unit Type | Area from (sq/ft) | Starting Price (AED) |
|---|---|---|
| 1 BR | 1056 | 2,354,000 |
| 2 BR | 1474 | 3,153,000 |
| 3 BR | 1712 | 3,479,000 |
| Starting Price | AED 2,354,000.00 |
| Area from | 1056 Sqft. |
| Bedrooms | 1 BR AND 3 BR |
| Developer | Damac |
| Est. Completion | 2019 |
| Price Per Sqft from | AED 2229.17 |
| Type | apartments |
| Location | Business Bay |
| Developer Projects | 35 |
| Views | 1446 |
DAMAC Towers by Paramount Hotels & Resorts is a hotel and residential complex located in the heart of the stylish Burj area, Dubai. Damac Towers by Paramount is a mega project consisting of four buildings, one of which will house the Paramount-branded hotel while the other three buildings will have the Damac Maison Paramount serviced residences. Sophisticated yet inviting, suites feature contemporary design cues where elements of the California lifestyle are transported to Dubai in a distinctive ‘Hollywood studio’ feel. According to developer press-releases, there are more than 1,000 serviced one, two and three bedroom apartments and the hotel will have 800 rooms. Paramount Hotel includes an impressive lobby with a coffee lounge and chocolaterie. Like a jewel in the crown, it also includes a spectacular reception area, featuring 360-degree floor-to-ceiling digital walls, which makes you feel like a movie star. Whilst in residence, you’ll experience the height of fashionable living with the service standards of the finest luxury hotels; and when you’re away, you’ll earn impressive rental income from your exquisite property. Residents and guests can enjoy high-end shopping with the perfect combination of global luxury and California cool, implemented through a signature Paramount Hotels & Resorts merchandise store: The Vault.
The Burj area is an upscale mixed-use community combining commercial, residential, hospitality, entertainment, shopping, and leisure facilities in open green spaces scattered with lakes and fountains. An inspired urban concept, this illustrious part of town is home to the world’s tallest tower, its largest shopping mall, iconic fountains and a host of other first-class amenities.
| Installment | Milestone | Payment (%) |
| Deposit | Immediate | 14% |
| 1st Installment | Within 90 days of Sale Date | 10% |
| 2nd Installment | On Completion | 10% |
| 3rd Installment | Within 90 days from completion date | 10% |
| 4th Installment | Within 180 days from completion date | 10% |
| 5th Installment | Within 270 days from Completion date | 10% |
| 6th Installment | Within 360 days from Completion date | 10% |
| 7th Installment | Within 450 days from Completion date | 10% |
| 8th Installment | Within 540 days from Completion date | |
| 9th Installment | Within 630 days from Completion date | 10% |
| Size from to (Sqft.) | Price from to (AED) |
| 1056 Sqft. | 2,354,000 |
| Size from to (Sqft.) | Price from to (AED) |
| 1474 Sqft. | 3,153,000 |
| Size from to (Sqft.) | Price from to (AED) |
| 1712 Sqft. | 3,479,000 |
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PAY 10% EVERY QUARTER IN 2 YEARS PAYMENT PLAN
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