PTHR – Paramount Tower Hotel and Residences at Sheikh Zayed Road

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Paramount Tower Hotel & Residences is a luxury hotel and residences tower in Sheikh Zayed Road, offers sky lobby with views across the Burj area. Accessible within the neighborhood is a multi-purpose area where you can play sports, perfect for your active lifestyle.


Prices starts from 888,888 AED
  • Ownership Type
    Hotel
  • Property Area
    520 sqft
  • Completion Date
    Q4 2020
  • Location
    Sheikh Zayed Road, Dubai, UAE

Paramount Tower Hotel and Residences by Damac Properties

Paramount Tower Hotel & Residences is an 826-key luxury hotel and hotel residences tower on Sheikh Zayed Road. The 64-storey project will offer a sky lobby with views across the Burj area, a private Paramount Pictures screening room, a rooftop infinity swimming pool with a terrace and a fitness and wellness center with a state-of-the-art spa.

The hotel

Floors 15 to 25 present a selection of beautiful hotel rooms which not only offer an incredible experience for guests but also provide the opportunity for a very lucrative investment too. Rooms are tailored for comfort and but also to inspire creativity. They feature a spectacular in-room home theatre and access to a library of Paramount films. When the credits roll, the signature bed is the grand finale to your day.

The residences

For those seeking a little more room, with separate living and dining areas as well as numerous bedrooms, floors 26 to 63 offer a collection of luxury residences. Combining the comforts of home with the Paramount amenities and service, if you wish to take that option, they are great investments that are easily let out if you're away. Whatever your choice of property, whilst in residence, you can experience the height of fashionable living; and when you're away, you'll earn impressive rental income.

Location of Paramount Tower Hotel and Residence

Sheikh Zayed Road (The E11) is the main artery of the city. The road was formerly known as Defense Road. The stretch between Trade Centre Roundabout and Interchange 2 is home to many of Dubai's skyscrapers, both old and new, and this section is recognized as the main residential arm of the highway in the city. Sheikh Zayed Road is quite unique because it's a leasehold community, whereby a private developer owns each tower, as opposed to freehold communities where different landlords buy from the developer and lease their units out. Sheikh Zayed Road is a convenient place to live as Downtown and the iconic Burj Khalifa are only two minutes away. The accommodation in Sheikh Zayed Road is consisting of 1, 2, and 3 bedrooms apartment with unique amenities and facilities.

Unit types and floor sizes

Hotel rooms

  • Studios of 517 square feet
  • One bedroom hotel rooms from 746 ' 1,251 square feet
  • Two bedroom hotel rooms from 1,533 ' 1,732 square feet

Residential apartments available in studios, along with one, two and three bedroom arrangements

  • Studio apartments from 521 ' 602 square feet
  • One bedroom apartments from 855 ' 1,234 square feet
  • Two bedroom apartments from 1,200 ' 1,570 square feet
  • Three bedroom apartments from 1,560 ' 2,077 square feet

Amenities

  • Temperature-controlled rooftop infinity swimming pool overlooking the Burj area
  • Restaurants and lounges
  • Luxury retail outlets including a Paramount Hotels & Resorts' merchandise store
  • Screening room modelled after the professional studios at Paramount
  • Luxury spa, wellness and fitness centre
  • Fully equipped gymnasium
  • Kids Studio Club
  • Meetings and events facilities

Location & Highlights

  • Stunning views of Sheikh Zayed Road and Burj area
  • In close proximity to entertainment, dining and retail outlets
  • Access to state-of-the-art facilities
  • Fully Furnished and Paramount Branded Units ' Studio, 1 Bedroom and 2 Bedroom

Facilities

  • Grand lobby & Ample parking
  • Restaurants and lounges
  • Retail outlets
  • Wellness and fitness centre & Luxury spa
  • Steam room and sauna
  • Kids Studio Club
  • Meetings and events facilities
  • Temperature-controlled swimming pool

Payment Plan For Hotel

Payment TermPercent/ValueMilestone
Down Payment10% + 4% DLD FeesImmediate
1st Installment10%Within 180 Days Of Sale Date
2nd Installment10%Within 360 Days Of Sale Date
3rd Installment10%Within 450 Days Of Sale Date
4th Installment10%Within 540 Days Of Sale Date
5th Installment10%On Completion
6th Installment10%Within 90 Days Of Completion
7th Installment10%Within 180 Days Of Completion
8th Installment10%Within 270 Days Of Completion
9th Installment10%Within 360 Days Of Completion

Installment Details

  • Studio Hote for sale in PTHR – Paramount Tower Hotel and Residences by Damac Properties at Sheikh Zayed Road
  • Studio
  • Size from - to (Sqft.)
    520
    628
  • Price from - to (AED)
    888,888
    1,070,000
  • 1BR Hote for sale in PTHR – Paramount Tower Hotel and Residences by Damac Properties at Sheikh Zayed Road
  • 1BR
  • Size from - to (Sqft.)
    844
    1054
  • Price from - to (AED)
    1,300,000
    1,620,000
  • 2BR Hote for sale in PTHR – Paramount Tower Hotel and Residences by Damac Properties at Sheikh Zayed Road
  • 2BR
  • Size from - to (Sqft.)
    1041
    1416
  • Price from - to (AED)
    1,916,000
    2,376,000
  • 3BR Hote for sale in PTHR – Paramount Tower Hotel and Residences by Damac Properties at Sheikh Zayed Road
  • 3BR
  • Size from - to (Sqft.)
    1478
    1756
  • Price from - to (AED)
    2,499,000
    2,995,000

Location on Google Map

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