For Sale:
Dubai Hotel Apartments
Business Bay
Bayut - 1400-Ap-S-0455
AED1,100,000
Business Bay, Dubai
1 Bed
2 Baths
1,000 sqft

1 BR in DAMAC towers By Paramount | Business Bay. 0% Commission | Ready to Move!!!

Damac Towers By Paramount Hotels and Resorts is a Hollywood-inspired luxury hotels and residential across an iconic four-tower development features breathtaking views of the opulent Dubai Canal and Burj Khalifa from your balcony.


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, youll experience the height of fashionable living with the service standards of the finest luxury hotels; and when youre away, youll 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 worlds tallest tower, its largest shopping mall, iconic fountains and a host of other first-class amenities.




Amenities:
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 gymnasium24-hour valet parking service
Ample parking space


Payment Plan
InstallmentMilestonePercentage
DEPOSITImmediate Booking24%
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%
6th InstallmentWithin 720 days of Sale Date20%

Property Information

  • TypeHotel Apartment
  • PurposeFor Sale
  • Reference no.Bayut - 1400-Ap-S-0455
  • CompletionReady
  • Average Rent
  • Added on10 August 2020

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