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Last updated: Sep 23, 2025

1 RK Studio
By Damac Properties
Damac Paramount Tower Hotel And Residences, Business Bay, Dubai

2.65 Cr
₹50.96 K/sq.ft
Damac Paramount Tower Hotel And Residences Main Image 1Damac Paramount Tower Hotel And Residences Main Image 1
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Damac Paramount Tower Hotel And Residences Elevation 1
Damac Paramount Tower Hotel And Residences Amenities 2
+ 21 more
520 sq.ft
Built Up Area
₹50.96 K/sq.ft
Avg. Price
2 Year Old
Age of property
Ready to move
Possession status
10 of 20
Floor
East facing
Facing
Semi Furnished
Furnishing
Property Location
Damac Paramount Tower Hotel And Residences, Business Bay, Dubai
Around This Property
School
JSS Private School
Hospital
Medcare Hospital Al Safa
Metro Station
Business Bay Metro Station
View more on Maps
Property Overview
Project NameDamac Paramount Tower Hotel And Residences
Brokerage
No Charge
Access Zero Brokerage Properties
Price
2.65 Cr
Bedrooms
1
Bathrooms
1
Parking
1 Covered Parking
Balcony
1
Added
More than a month ago
About this property
DAMAC Towers by Paramount is a mixed-use complex in Business Bay. Its four 55-storey towers are connected by an 8-level podium which comprises various retail outlets. The three residential towers of the complex offer studio, 1, 2 and 3-bedroom apartments, whereas the hotel tower offers luxurious suites. The complex offers facilities like fitness, dining, self-care and leisure options.

More About This Property

Best 1 RK Studio for modern-day lifestyle is now available for sale. Grab this 1 RK property for sale in one of Dubai's top location, Business Bay. It is situated on floor 10. The total number of floors in this Studio is 20. The property price of this unit is Rs 2.65 Cr. Monthly maintenance costs Rs 10000. The built-up area is 520 Square feet. There are 1 bedroom and 1 bathroom. This property enjoys a good view and is East-facing. This property in Business Bay, Dubai has lift facility as well. It is a safe premise with cctv facility. Other amenities include provisions for Gym, Garden, Sports Facility, Swimming Pool, Intercom, Clubhouse, Community Hall. This property also enjoys power backup facility. Regular water supply is provided. It has a dedicated sports facility facility as well. Kids have their own kids area. This is a gated community. Healthcare facility is also close at hand with Medcare Hospital Al Safa, German Neuroscience Center (Business Bay), and Valiant Clinic & Hospital nearby. The brokerage amount to be paid is Rs 0
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Amenities
Swimming Pool
Gym
Lift
Power Backup
Intercom
Garden
Sports
+13
More amenities

Resident reviews for

Business Bay
Project
Locality

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Now you can see Rating & Review in one place for both Project & Locality!

Ratings based on features

5/5

Connectivity

5/5

Neighbourhood

5/5

Safety

5/5

Livability

Good things here

Sought after commercial area
Promising investment potential
Close proximity to Downtown Dubai

Things that need improvement

Traffic congestion
Chaotic Metro Station during peak hours

All resident reviews (1 reviews)

Sushil Kumar

Broker | 1 year ago

5

Good things here

business bay is considered to be one of the most sought for commercial areas in Dubai. situated next to Downtown Dubai and closeby from Burj Khalifa makes it a promising investmentsread more

Things need improvement

too much traffic on the roads as well as chaotic in the .Metro Station during peak hours. However, residents living in Business Bay can enjoy the benefit of living in the centeric location of Dubairead more

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Price Trends for Damac Paramount Tower Hotel And Residences vs. Business Bay

(Apartments)
30.83%
appreciation in avg. price / sq.ft (Built-up Area) for Damac Paramount Tower Hotel And Residences in last 1 year

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Project
Damac Paramount Tower Hotel And Residences
30.83%
Last 1 Year
₹49.9K/sq.ft
Avg. rate
Locality(Apartments)
Business Bay
0.00%
Last 1 Year
₹50.6 K/sq.ft
Avg. rate
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Tour this Property: Images & Videos

Property Photos & Videos
Damac Paramount Tower Hotel And Residences Main Image 1
Damac Paramount Tower Hotel And Residences Bedroom 1
Damac Paramount Tower Hotel And Residences Bedroom 2
+7
Damac Paramount Tower Hotel And Residences Kitchen 1
Project Photos and Videos
Damac Paramount Tower Hotel And Residences Elevation 1
Damac Paramount Tower Hotel And Residences Amenities 2
Damac Paramount Tower Hotel And Residences Cluster Plan 3
+10
Damac Paramount Tower Hotel And Residences Cluster Plan 4

Business Bay Locality

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Locality Guide
for Business Bay, Dubai

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Business Bay is a planned locality situated in the happening city of Dubai that enjoys vicinity to every establishment offered in this super megacity. It is one of the most sought-after locations in the city that was built with a vision to give a new extension to the Dubai Creek and function as a center for the Commercial, Residential and Business sectors. It is also known as 'a new city within the city'. Gleaming icons and high-spirited night life is a part and parcel of this humongous locality. The main roads connecting this place to other parts of the city are Al Abraj Street, Al Khail Road and Sheikh Zayed Road. Also, Al Asayel Street, Al Khaleej Al Tejari 1 Street, Al Khaleej Al Tejari 2 Street and Al A'amal Street are some of the small roads that connects this place internally well. Business Bay Metro Station 2 lies in this region. Dubai International Airport can be reached at a short driving distance from here, through the Sheikh Zayed Road that borders this locale. The Meydan Racecourse is a famous horse racing facility, which can be reached at a short distance from Business Bay. Resplendent with several fine dine restaurants, cafes, shopping malls and art galleries, Business Bay is the most happening spot of Dubai. Also, with a plethora of schools, colleges, hospitals and every kind of basic establishment evenly spread out in this locale, the inhabitants of Business Bay has access to everything needed to lead a lavish life. Read More
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Disclaimer: While Housing.com takes all steps to ensure accuracy of the information provided in this section, please check the same with the developers. Housing.com does not take responsibility for any discrepancies in the information provided.

Damac Paramount Tower Hotel And Residences Developer Information

DP

Damac Properties
2002
Established In
59
Total Projects

Damac Properties was established in 2002 as a residential, leisure and commercial developer in Dubai and the Middle East. In the past decade, Damac Properties has expanded into Iraq, Jordan, Lebanon, Qatar and Saudi Arabia. Its vision is to be the leading luxury developer in the Middle East, realizing its customers' dreams by building the highest quality residential, leisure and commercial development. The company’s highly experienced management team of directors and senior managers has significant experience in the Real Estate construction industry. At the heart of Damac Properties’ culture lies the desire to deliver the vision for its customers which ensures that from the selection of company’s development partners such as architects, designers, contractors to the handover of keys, Damac Properties endeavours to keep its promise to make sure every detail is flawless.
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Possession status:
Ready to Move
In 3 years
Beyond 3 years
Damac Breeze
8.64 L - 31.17 L
Damac Breeze
Studio, 1, 2 BHK Flat,Studio Flats
Business Bay, Dubai
Damac Golf Promenade
Price on Request
Damac Golf Promenade
1, 3 BHK Flats
Mudon, Dubai
Damac Akoya Hajar Villas
Price on Request
Damac Akoya Hajar Villas
3, 4 BHK Villas
Tiger Woods Dubai, Dubai
Damac Golf Town
Price on Request
Damac Golf Town
1, 3 BHK Flats
Mudon, Dubai
Damac Reva Residences
7.61 L - 15.51 L
Damac Reva Residences
1, 2 BHK Flats
Business Bay, Dubai
Damac Paramount Tower Hotel And Residences
Price on Request
Damac Paramount Tower Hotel And Residences
1, 2, 3 BHK Flats
Business Bay, Dubai
Damac Majestine
Price on Request
Damac Majestine
1, 3 BHK Flats
Business Bay, Dubai
Damac Merano Tower
5.74 L - 23.57 L
Damac Merano Tower
Studio, 1, 2, 3 BHK Flat,Studio Flats
Business Bay, Dubai
Damac Bella Vista
7.3 L - 12.5 L
Damac Bella Vista
Studio, 2 BHK Flat,Studio Flats
Mudon, Dubai
Damac Amargo At Akoya Oxygen Phase 3
Price on Request
Damac Amargo At Akoya Oxygen Phase 3
3 BHK Villa
Tiger Woods Dubai, Dubai
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About Damac Paramount Tower Hotel And Residences

Architectural masterpiece crafted by Damac Properties UAE boasts of an ultra modern innovative design. This residential complex Damac Paramount Tower Hotel and Residences is coming up splendidly at Business Bay in Dubai.
Under construction at present, this secure dwelling has been scheduled for possession in December 2022. Upon completion the compound will offer 1, 2, and 3 BHK apartments to dwellers. These well spaced units will be sprawled across super built-up area ranging between 627 to 1,648 square feet. The builder still has some new units available for sale. These apartments can be purchased directly from the company.
The luxurious, beautifully designed space will come with many state of the art amenities, such as gymnasium, high speed elevators, swimming pool, fully functional cafeteria, abundant designated car parking slots for residents, children's play area, spa/sauna/steam, 24-hour security, wide & well paved internal roads, and a shopping mall all in one compound.

More About This Property

Damac Properties has lauched Damac Paramount Tower Hotel And Residences in Business Bay, Dubai. It offers Under Construction units. Popular configurations include 1 BHK, 2 BHK, 3 BHK units. As per the area plan, units are in the size range of 627.0 - 1648.0 sq.ft.. Overall, there is 1 building. The possession date of Damac Paramount Tower Hotel And Residences is Dec, 2022. The address of Damac Paramount Tower Hotel And Residences is Sheikh Zayed Road, Business Bay.

Enjoy a host of facilities at Damac Paramount Tower Hotel And Residences which includes Gymnasium. Children have access to Children's Play Area, nearby apart from Swimming Pool. Residents will enjoy access to Spa/Sauna/Steam, Restaurants/ Cafeterias, provisions in the project. There is 24x7 Security. Other provisions include access to Shopping Mall. Own a home in Damac Paramount Tower Hotel And Residences today!.

This is a RERA registered project with RERA ID 1665 and fulfils all conditions placed by the state regulatory body.

This project has been developed by Damac Properties. Damac Properties is a reputed developer firm with experience in developing livable spaces for homebuyers since 2002.

Business Bay is well-connected to other parts of city by road, which passes through the heart of this suburb. Prominent shopping malls, movie theatres, school, and hospitals are present in proximity of this residential project.

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