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Paramount Tower Hotel and Residences

UAE > Dubai > Business Bay > Zone B > B04 > Paramount Tower Hotel and Residences

2 Years Post-Handover

Description Milestone Event (%) Value
Down Payment Immediate 20%
Payment At Handover On Completion 0%
1st Installment Within 3 Months of Completion 10%
2nd Installment Within 9 Months of Completion 10%
3rd Installment Within 18 Months of Completion 10%
4th Installment Within 30 Months of Completion 10%
5th Installment Within 45 Months of Completion 10%
6th Installment Within 63 Months of Completion 10%
7th Installment Within 84 Months of Completion 10%
8th Installment Within 108 Months of Completion 10%

Details

Title :

Paramount Tower Hotel and Residences

Type :

Free Hold

Project Number :

1665

Completion Status :

Completed/Ready

Life Cycle :

Mature

Master Development :

B04

Plot Number :

3460124

Project Configuration :

3B+G+11P+4A+49+R

Number Of Units :

894

Number Of Floor :

64

Plot Area :

23,382 Square Feet

Built Up Area :

829,346 Square Feet

Status Percentage :

100

Launch Date :

N/A

Registration Date :

21-Jun-2015

Construction Started Date :

01-Jul-2015

Anticipated Completion Date :

29-Mar-2022

Cost Consultants :

N/A

Piling Contractors :

N/A

Handover Date :

01-Mar-2019

Main Contractors :

N/A

Sub Contractors :

N/A

Architects :

N/A

MEP Contractors :

N/A

Project Managers :

N/A


Special Classifications




Description

 

DAMAC Paramount Tower (Midtown) Hotel And Residences


In the center of Dubai's Business Bay is the opulent hotel and residential complex known as Damac Towers by Paramount Hotels & Resorts. Four buildings make up the development: three residential towers with high-end apartments and a fourth tower that houses the Paramount Hotel & Residences, which adds a unique Hollywood touch. Residents may enjoy an exceptional urban living experience with breathtaking views and top-notch architecture thanks to the multi-level plaza that connects the towers, creating a lively lifestyle hub.

The project includes thoughtfully designed suites with one, two, and three bedrooms as well as a fully furnished studio. Specialty eating selections, a dine-in movie theater, fitness centers, a kids' club, and recreational facilities are just a few of the first-rate amenities available to residents.

DAMAC Paramount Tower (Midtown) Hotel And Residences Location

With breathtaking views of the Burj Khalifa, Dubai Fountain, and Dubai Mall, Damac Towers by Paramount Hotels & Resorts is perfectly located in Business Bay, Dubai. One of Dubai's most sought-after residential destinations, the development guarantees easy access to main roadways, shopping, dining, and entertainment areas.

Residents may enjoy the vibrant cityscape and recreational choices in a matter of minutes thanks to the towers' exceptional position. Located in the heart of Business Bay, residents have good access to the rest of the city, including Dubai International Airport, as well as Downtown Dubai, DIFC, Dubai Opera, and Jumeirah.

Location

Title Floor Level From To Action
Residences Scenario 2 57-61 57 61 View Details
Residences Scenario 2 47-56 47 56 View Details
Residences Scenario 2 39-46 39 46 View Details
Residences Scenario 2 38 N/A N/A View Details
Hotel Rooms Scenario 1 35 N/A N/A View Details
Hotel Rooms Scenario 1 26-34 26 34 View Details
Hotel Rooms Scenario 1 24-25 24 25 View Details
Hotel Rooms Scenario 1 16-23 16 23 View Details
Hotel Rooms Scenario 1 15 N/A N/A View Details

Title Action
Unit 411 View Details
Unit 470 View Details
Unit 837 View Details
Unit 935 View Details
Unit 1108 View Details
Unit 1282 View Details
Unit 1475 View Details

Yearly Transactions and Sales

Transactions and Sales by Property Types

Price Per Square Feet "Sale"