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Property Name
DAMAC Towers
Starting Price
Beds
Bath
Area from (Sqft)
Property Type
Payment Plan
Handover
Developer
Open Gallery
DAMAC Towers
1,959,000
20/80
Payment Plan
Business Bay, Dubai
Bath
2-4
Beds
Studio, 1-3
Area from (Sqft)
947 sq.ft
Handover
Completed
Property Type
Studio / Apartment / Hotel
+44 7897 045805
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local expertise
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Damac Properties
Damac Properties has been a leading residential, recreational, and commercial developer in the Middle East since 2002. Its projects span important areas like Dubai Marina, JLT, Downtown Dubai, Jumeirah Village Circle, Business Bay, and DIFC, making it well-represented in Dubai.
Recognized for producing opulent real estate, Damac Properties is the creator of renowned undertakings such as Dubai Mall Street, Golf Horizon, and Damac Maison. The company's mega-development, the Akoya projects, attracted significant media attention. The Waves, Executive Bay, Emirates Gardens, and Paramount Hotel & Residences are other noteworthy constructions.
About DAMAC Towers
DAMAC Towers by Paramount Dubai is an extraordinary four-tower development that brings the glamour of Hollywood to the heart of Business Bay. Developed in partnership with Paramount Hotels & Resorts, this architectural landmark stands 270 meters tall and serves as a symbol of creative luxury and modern sophistication. Designed to capture the allure of California’s legendary entertainment industry, the project offers a cinematic living experience that merges film-inspired design, luxury hospitality, and contemporary urban life. From the moment residents step into the grand Paramount-style lobby adorned with art deco elements and gold accents, they are transported into a world of prestige, creativity, and comfort.
Every aspect of the complex reflects the essence of Paramount’s cinematic heritage blending classic Hollywood aesthetics with cutting-edge architectural design and high-end finishes. The result is a living environment where elegance meets functionality, ideal for those who appreciate both luxury and individuality.
Distinctive Architecture and Design
The project comprises four interconnected towers—three dedicated to branded serviced residences and one exclusively managed as a five-star Paramount Hotel. Together, they house over 1,100 luxury apartments and suites, seamlessly linked by an eight-level podium that forms the lifestyle hub of the community. Within this podium, residents and guests enjoy a vibrant mix of amenities, including fine dining restaurants, signature cafés, boutique retail outlets, a grand ballroom, wellness facilities, and an outdoor terrace with breathtaking views of Downtown Dubai and the Burj Khalifa skyline.
Each apartment is fully furnished with bespoke interiors inspired by Paramount’s cinematic flair. Floor-to-ceiling windows flood the spaces with natural light, highlighting the elegant finishes and panoramic views of the city. The residences are designed with spacious living areas, modern kitchens, and luxurious bathrooms, providing a perfect balance of comfort and sophistication. Whether you are an investor, a frequent traveler, or a family seeking a prestigious address, DAMAC Towers by Paramount Dubai delivers an experience that transcends ordinary living—turning every day into a scene from a Hollywood masterpiece.
Damac Properties
Damac Properties has been a leading residential, recreational, and commercial developer in the Middle East since 2002. Its projects span important areas like Dubai Marina, JLT, Downtown Dubai, Jumeirah Village Circle, Business Bay, and DIFC, making it well-represented in Dubai.
Recognized for producing opulent real estate, Damac Properties is the creator of renowned undertakings such as Dubai Mall Street, Golf Horizon, and Damac Maison. The company's mega-development, the Akoya projects, attracted significant media attention. The Waves, Executive Bay, Emirates Gardens, and Paramount Hotel & Residences are other noteworthy constructions.
local expertise
Download Brochure

Integrated Lifestyle Experience
DAMAC Towers by Paramount Dubai offers a seamless combination of luxury living, hospitality, and leisure. The development provides residents with access to hotel-level services while enjoying the privacy of their own home.
Key features include:
A multi-level plaza with themed restaurants and event spaces
Paramount-branded retail shops
Fitness centers, spas, and kids’ play zones
24-hour concierge and valet parking services
Modern Furnished Residences
Apartments come fully equipped with stylish furniture, modern appliances, and designer finishes. The project’s refined ambiance reflects Paramount’s cinematic flair, blending comfort and elegance for both long-term residents and short-term guests.
Amenities & Features
Listing details
Price
AED 1,959,000
Area
Business Bay, Dubai
Developer
Damac Properties
Property Type
Studio / Apartment / Hotel
Payment Plan
20/80
Handover
Completed
Features
Swimming Pool
Gym
Theatre
Spa Rooms
24-hour Security
Club Room
Parking
Utilities & Building
Year Built
2019
Area from (Sqft)
947 sq.ft
Lot Size Unit
Acre(s)
Interior
Bathrooms
2-4
Bedrooms
Studio, 1-3
Additional Features
Furnished apartments, branded residences, skyline views, Burj Khalifa proximity, fitness center, spa, infinity pool, concierge services, on-site dining, luxury hotel partnership, retail podium

Why Choose DAMAC Towers?
This development delivers a rare combination of Hollywood glamour and Dubai sophistication. Located in Business Bay, it provides easy access to Downtown Dubai and major attractions, offering premium amenities and a flexible payment structure ideal for investors and residents alike.
The project’s branded concept, exceptional amenities, and strong rental yields make it a standout choice for those seeking both lifestyle luxury and investment value in the heart of the city.

Why Choose DAMAC Towers?
This development delivers a rare combination of Hollywood glamour and Dubai sophistication. Located in Business Bay, it provides easy access to Downtown Dubai and major attractions, offering premium amenities and a flexible payment structure ideal for investors and residents alike.
The project’s branded concept, exceptional amenities, and strong rental yields make it a standout choice for those seeking both lifestyle luxury and investment value in the heart of the city.

Integrated Lifestyle Experience
DAMAC Towers by Paramount Dubai offers a seamless combination of luxury living, hospitality, and leisure. The development provides residents with access to hotel-level services while enjoying the privacy of their own home.
Key features include:
A multi-level plaza with themed restaurants and event spaces
Paramount-branded retail shops
Fitness centers, spas, and kids’ play zones
24-hour concierge and valet parking services
Modern Furnished Residences
Apartments come fully equipped with stylish furniture, modern appliances, and designer finishes. The project’s refined ambiance reflects Paramount’s cinematic flair, blending comfort and elegance for both long-term residents and short-term guests.
Interior
Exterior
Connect to Content
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Amenities
Listing details
Price
1,959,000
Area
Business Bay, Dubai
Developer
Damac Properties
Property Type
Studio / Apartment / Hotel
Payment Plan
20/80
Handover
Completed
View More Details
Features
Swimming Pool
Gym
Theatre
Spa Rooms
24-hour Security
Club Room
Parking
Swimming Pool
Gym
Theatre
Spa Rooms
24-hour Security
Club Room
Parking
Utilities & Building
Year Built
2019
Area from (Sqft)
947 sq.ft
Lot Size Unit
Acre(s)
Interior
Bathrooms
2-4
Bedrooms
Studio, 1-3
Additional Features
Furnished apartments, branded residences, skyline views, Burj Khalifa proximity, fitness center, spa, infinity pool, concierge services, on-site dining, luxury hotel partnership, retail podium
Listing details
Features
Swimming Pool
Gym
Theatre
Spa Rooms
24-hour Security
Club Room
Parking
Utilities & Building
Year Built
2019
Area from (Sqft)
947 sq.ft
Lot Size Unit
Acre(s)
Interior
Bathrooms
2-4
Bedrooms
Studio, 1-3
Additional Features
Furnished apartments, branded residences, skyline views, Burj Khalifa proximity, fitness center, spa, infinity pool, concierge services, on-site dining, luxury hotel partnership, retail podium
Listing details
Swimming Pool
Gym
Theatre
Spa Rooms
24-hour Security
Club Room
Parking
Utilities & Building
Year Built
2019
Area from (Sqft)
947 sq.ft
Lot Size Unit
Acre(s)
Interior
Bathrooms
2-4
Bedrooms
Studio, 1-3
Additional Features
Furnished apartments, branded residences, skyline views, Burj Khalifa proximity, fitness center, spa, infinity pool, concierge services, on-site dining, luxury hotel partnership, retail podium


Pricing and Payment Plan
Installment: 1
20%
on Booking
Installment: 2
80%
post-Handover
1,959,000
Total Price
Pricing and Payment Plan
Option 1
Option 2
Installment: 1
20%
on Booking
Installment: 2
80%
post-Handover
Pricing and Payment Plan
Option 1
Option 2
Installment: 1
20%
on Booking
Installment: 2
80%
post-Handover
Vibrant Downtown Living
DAMAC Towers by Paramount Dubai sits at the crossroads of Business Bay and Downtown Dubai, an area known for its upscale lifestyle, entertainment, and connectivity. Residents enjoy proximity to key landmarks and attractions, world-class shopping, and vibrant nightlife.
Nearby Landmarks:
The Dubai Fountain – 2.2 km
Burj Khalifa – 3.3 km
Dubai Mall – 2.7 km
Dubai Opera – 5 km
Dubai International Airport – 13 km
Business Bay, Dubai
View More Details

Unique Selling Points
DAMAC Towers by Paramount Dubai at Business Bay: Hollywood-Inspired Luxury & Investment Appeal
Prime Location – Situated in Business Bay, minutes from Downtown Dubai and Sheikh Zayed Road, offering easy access to major attractions and landmarks.
Premium Residences – Choose from fully furnished studios, 1-, 2-, and 3-bedroom apartments designed for comfort and style.
Modern Finishes – Interiors inspired by Hollywood elegance, featuring premium materials, fitted kitchens, and panoramic views.
Trusted Developer – Developed by DAMAC Properties, one of the UAE’s most reputable real estate brands.
Flexible Payment Plan – 20/80 plan with post-handover payment spread over 36 months.
High ROI Potential – Strong demand for branded residences with rental yields up to 14%.
Resort-Style Amenities – Infinity pool, spa, sauna, gym, restaurants, and 24-hour concierge service.
Family-Friendly Living – Safe environment with kids’ areas, nearby schools, healthcare centers, and supermarkets.

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Need Immediate Assistance?
DAMAC Towers
1,959,000
20/80
Payment Plan
Business Bay, Dubai
Beds
Studio, 1-3
Bath
2-4
Area from (Sqft)
947 sq.ft
Handover
Completed
Property Type
Studio / Apartment / Hotel


Speak to an Advisor
Speak to an Advisor
Connect with one of our senior property advisors for personalised support
Connect with one of our senior property advisors for personalised support
Contact Now

All Photos

All Photos
About DAMAC Towers
DAMAC Towers by Paramount Dubai is an extraordinary four-tower development that brings the glamour of Hollywood to the heart of Business Bay. Developed in partnership with Paramount Hotels & Resorts, this architectural landmark stands 270 meters tall and serves as a symbol of creative luxury and modern sophistication. Designed to capture the allure of California’s legendary entertainment industry, the project offers a cinematic living experience that merges film-inspired design, luxury hospitality, and contemporary urban life. From the moment residents step into the grand Paramount-style lobby adorned with art deco elements and gold accents, they are transported into a world of prestige, creativity, and comfort.
Every aspect of the complex reflects the essence of Paramount’s cinematic heritage blending classic Hollywood aesthetics with cutting-edge architectural design and high-end finishes. The result is a living environment where elegance meets functionality, ideal for those who appreciate both luxury and individuality.
Distinctive Architecture and Design
The project comprises four interconnected towers—three dedicated to branded serviced residences and one exclusively managed as a five-star Paramount Hotel. Together, they house over 1,100 luxury apartments and suites, seamlessly linked by an eight-level podium that forms the lifestyle hub of the community. Within this podium, residents and guests enjoy a vibrant mix of amenities, including fine dining restaurants, signature cafés, boutique retail outlets, a grand ballroom, wellness facilities, and an outdoor terrace with breathtaking views of Downtown Dubai and the Burj Khalifa skyline.
Each apartment is fully furnished with bespoke interiors inspired by Paramount’s cinematic flair. Floor-to-ceiling windows flood the spaces with natural light, highlighting the elegant finishes and panoramic views of the city. The residences are designed with spacious living areas, modern kitchens, and luxurious bathrooms, providing a perfect balance of comfort and sophistication. Whether you are an investor, a frequent traveler, or a family seeking a prestigious address, DAMAC Towers by Paramount Dubai delivers an experience that transcends ordinary living—turning every day into a scene from a Hollywood masterpiece.
Damac Properties
Damac Properties has been a leading residential, recreational, and commercial developer in the Middle East since 2002. Its projects span important areas like Dubai Marina, JLT, Downtown Dubai, Jumeirah Village Circle, Business Bay, and DIFC, making it well-represented in Dubai.
Recognized for producing opulent real estate, Damac Properties is the creator of renowned undertakings such as Dubai Mall Street, Golf Horizon, and Damac Maison. The company's mega-development, the Akoya projects, attracted significant media attention. The Waves, Executive Bay, Emirates Gardens, and Paramount Hotel & Residences are other noteworthy constructions.
Unique Selling Points
DAMAC Towers by Paramount Dubai at Business Bay: Hollywood-Inspired Luxury & Investment Appeal
Prime Location – Situated in Business Bay, minutes from Downtown Dubai and Sheikh Zayed Road, offering easy access to major attractions and landmarks.
Premium Residences – Choose from fully furnished studios, 1-, 2-, and 3-bedroom apartments designed for comfort and style.
Modern Finishes – Interiors inspired by Hollywood elegance, featuring premium materials, fitted kitchens, and panoramic views.
Trusted Developer – Developed by DAMAC Properties, one of the UAE’s most reputable real estate brands.
Flexible Payment Plan – 20/80 plan with post-handover payment spread over 36 months.
High ROI Potential – Strong demand for branded residences with rental yields up to 14%.
Resort-Style Amenities – Infinity pool, spa, sauna, gym, restaurants, and 24-hour concierge service.
Family-Friendly Living – Safe environment with kids’ areas, nearby schools, healthcare centers, and supermarkets.
Integrated Lifestyle Experience
DAMAC Towers by Paramount Dubai offers a seamless combination of luxury living, hospitality, and leisure. The development provides residents with access to hotel-level services while enjoying the privacy of their own home.
Key features include:
A multi-level plaza with themed restaurants and event spaces
Paramount-branded retail shops
Fitness centers, spas, and kids’ play zones
24-hour concierge and valet parking services
Modern Furnished Residences
Apartments come fully equipped with stylish furniture, modern appliances, and designer finishes. The project’s refined ambiance reflects Paramount’s cinematic flair, blending comfort and elegance for both long-term residents and short-term guests.
Amenities
Swimming Pool
Gym
Theatre
Spa Rooms
24-hour Security
Club Room
Parking
Swimming Pool
Gym
Theatre
Spa Rooms
24-hour Security
Club Room
Parking
Utilities & Building
Year Built
2019
Area from (Sqft)
947 sq.ft
Lot Size Unit
Acre(s)
Interior
Bedrooms
Studio, 1-3
Bathrooms
2-4
Additional Features
Furnished apartments, branded residences, skyline views, Burj Khalifa proximity, fitness center, spa, infinity pool, concierge services, on-site dining, luxury hotel partnership, retail podium
Furnished apartments, branded residences, skyline views, Burj Khalifa proximity, fitness center, spa, infinity pool, concierge services, on-site dining, luxury hotel partnership, retail podium


Why Choose DAMAC Towers?
This development delivers a rare combination of Hollywood glamour and Dubai sophistication. Located in Business Bay, it provides easy access to Downtown Dubai and major attractions, offering premium amenities and a flexible payment structure ideal for investors and residents alike.
The project’s branded concept, exceptional amenities, and strong rental yields make it a standout choice for those seeking both lifestyle luxury and investment value in the heart of the city.
Payment Plan
Option 1
Option 2
Installment: 1
20%
on Booking
Installment: 2
80%
post-Handover
Payment Plan
Option 1
Option 2
Installment: 1
20%
on Booking
Installment: 2
80%
post-Handover
Business Bay, Dubai
View More Details
Latest sold history for DAMAC Towers
Type
AED
Area (sqft)
Date sold
Powered by DataGuru


We make no warranties or representations about the estimated rent, and is provided for general information purposes only. Although we make reasonable efforts to provide an estimation based on several relevant factors, including average rental prices in the community (without crossing the maximum documented rent of similar properties, where available), please note that the estimated value is subject to market conditions, property location and details, and other factors beyond our control. You should consult a licensed property broker to fully understand all factors which affect property values and rental yields.
Frequently Asked Questions
What makes DAMAC Towers a good investment?
DAMAC Towers by Paramount Dubai offers strong rental returns, premium branded residences, and a high-demand location near Downtown Dubai, ensuring long-term value and capital appreciation.
Are there financing options available?
What returns can investors expect?
Is DAMAC Towers suitable for short-term rentals?
How does DAMAC Towers compare to others in Dubai?
Can foreigners own property in this area?
What makes DAMAC Towers a good investment?
DAMAC Towers by Paramount Dubai offers strong rental returns, premium branded residences, and a high-demand location near Downtown Dubai, ensuring long-term value and capital appreciation.
Are there financing options available?
What returns can investors expect?
Is DAMAC Towers suitable for short-term rentals?
How does DAMAC Towers compare to others in Dubai?
Can foreigners own property in this area?
What makes DAMAC Towers a good investment?
DAMAC Towers by Paramount Dubai offers strong rental returns, premium branded residences, and a high-demand location near Downtown Dubai, ensuring long-term value and capital appreciation.
Are there financing options available?
What returns can investors expect?
Is DAMAC Towers suitable for short-term rentals?
How does DAMAC Towers compare to others in Dubai?
Can foreigners own property in this area?
What makes DAMAC Towers a good investment?
DAMAC Towers by Paramount Dubai offers strong rental returns, premium branded residences, and a high-demand location near Downtown Dubai, ensuring long-term value and capital appreciation.
Are there financing options available?
What returns can investors expect?
Is DAMAC Towers suitable for short-term rentals?
How does DAMAC Towers compare to others in Dubai?
Can foreigners own property in this area?


Get Early Access to the Best Units!
Be the first to view top-tier units before they're listed publicly. Secure your spot now and skip the competition.
Be the first to view top-tier units before they're listed publicly. Secure your spot now and skip the competition.
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