DAMAC Towers by Paramount (A)

Business Bay | Tower A | Series 05 | Ready | 1,056 sq ft / 98 sq m | AED 1,890,000

Prices, availability, and purchase conditions may change frequently. Contact a representative for the latest availability and pricing.

Key Information

• Property: 1-Bedroom Apartment
• Project: DAMAC Towers by Paramount
• Location: Business Bay, Dubai
• Building: Tower A
• Unit: Series 05
• Status: Ready
• Size: 1,056 sq ft / 98 sq m
• Price: AED 1,890,000
• Developer: DAMAC Properties
• Brand: Paramount Hotels & Resorts
• Property Type: Residential Apartment

About the Project

DAMAC Towers by Paramount is a landmark luxury development in the heart of Business Bay, created through a collaboration between DAMAC Properties and Paramount Hotels & Resorts.

Inspired by the glamour and energy of Hollywood, the development consists of four approximately 270-metre-high towers, with three towers dedicated to residential living and one operating as a hotel.

The residential towers offer a selection of studios and 1, 2, and 3-bedroom apartments, combining contemporary interiors with a distinctive Hollywood-inspired lifestyle.

The four towers are connected by a multi-level podium featuring a variety of restaurants, cafes, bars, entertainment venues, and lifestyle facilities, creating an integrated environment for residents and guests.

Prime Location: Business Bay

DAMAC Towers by Paramount is located on Al Abraj Street in Business Bay, one of Dubai’s most established business and residential districts.

Business Bay is positioned close to Downtown Dubai, Burj Khalifa, and Dubai Mall, making it an attractive location for professionals, residents, and investors.

Location Benefits:

• Central Business Bay location.
• Close to Burj Khalifa and Dubai Mall.
• Convenient access to major Dubai roads.
• Walking distance to public transportation options.
• Nearby metro stations and bus stops.
• Surrounded by cafes, restaurants, supermarkets, and hotels.
• Close to Dubai Canal and its waterfront promenades.
• Easy access to Downtown Dubai and Dubai’s major attractions.

Architectural Features and Design

DAMAC Towers by Paramount combines high-rise architecture with a distinctive Hollywood-inspired design concept.

Design Highlights:

• Four towers rising approximately 270 metres.
• Three residential towers and one hotel tower.
• Contemporary residential interiors.
• Spacious apartment layouts.
• High-quality finishes.
• Large windows providing natural light and city views.
• Multi-level podium connecting the towers.
• Integrated dining, entertainment, and lifestyle facilities.

The project creates a unique atmosphere where luxury residential living meets the entertainment culture associated with the Paramount brand.

1-Bedroom Ready Apartment

This 1-bedroom ready apartment in Tower A, Series 05 offers approximately 1,056 sq ft (98 sq m) of living space.

The generous layout provides ample room for comfortable living, with dedicated areas for relaxation, dining, and everyday activities.

As a ready property, the apartment offers buyers the advantage of acquiring an immediately completed residence in the established Business Bay community.

Property Highlights:

• 1 bedroom.
• 1,056 sq ft / 98 sq m.
• Tower A.
• Series 05.
• Ready for occupancy.
• Premium Business Bay location.
• Access to DAMAC Towers by Paramount amenities.
• Offered at AED 1,890,000.

Amenities and Facilities

Residents of DAMAC Towers by Paramount have access to a wide selection of premium facilities.

Fitness & Wellness:

• Fully equipped gym.
• Swimming pool.
• Jacuzzi.
• Hot tub.
• Wellness and relaxation facilities.

Entertainment & Social Spaces:

• Bars and cafes.
• Restaurants.
• Meeting and event hall.
• Children’s playroom.
• Entertainment facilities within the development.

Resident Services:

• 24/7 concierge service.
• High-speed elevators.
• Complimentary parking.
• Valet parking services.
• Professional building services.

Lifestyle and Community

DAMAC Towers by Paramount offers a sophisticated urban lifestyle in the heart of Business Bay.

Residents benefit from having restaurants, cafes, entertainment venues, supermarkets, hotels, and major attractions close to home. The development’s Hollywood-inspired concept adds a distinctive character to the residential experience.

The nearby Dubai Canal provides scenic waterfront promenades, while Downtown Dubai’s world-famous attractions are only a short distance away.

Investment Potential

Priced at AED 1,890,000, this ready 1-bedroom apartment offers an opportunity to own a spacious property in one of Dubai’s most established central districts.

Investment Highlights:

• Ready-to-move-in property.
• Prime Business Bay location.
• Spacious 1,056 sq ft / 98 sq m layout.
• Strong demand for residential properties in central Dubai.
• Proximity to Downtown Dubai and major attractions.
• Established infrastructure and amenities.
• Suitable for both end-users and investors.
• Potential rental appeal among professionals working in Business Bay and surrounding business districts.
• Access to premium branded amenities and hospitality-inspired services.

Connectivity and Accessibility

Business Bay provides excellent connectivity to Dubai’s major destinations.

Key Destinations:

• Burj Khalifa – nearby.
• Dubai Mall – nearby.
• Downtown Dubai – easily accessible.
• Dubai Opera – nearby.
• Dubai Canal – within the surrounding Business Bay area.
• Sheikh Zayed Road – convenient access.
• Dubai Metro – accessible from the area.
• Dubai International Airport (DXB) – convenient access.

Why Choose DAMAC Towers by Paramount?

DAMAC Towers by Paramount combines a central Business Bay address, branded hospitality concept, distinctive architecture, extensive amenities, and a ready-to-occupy residence.

This 1-bedroom apartment offers a generous 1,056 sq ft / 98 sq m layout at AED 1,890,000, making it an attractive option for buyers looking for a spacious ready property in central Dubai.

VVS is a one-stop solution service provider with 12 years experience in the real estate industry.

VVS Family has established strong connections and have exclusive access to some of the most sought-after off-plan projects, locally and internationally, as well as ready or commercial exclusive projects.

This speaks volumes about the trust our partners have placed in us and the trust we place in delivering exceptional results for our clients.

VVS Academy aiming to promote only an extensive market knowledge in Real Estate.

VSS Estate is an official business partnered with:
•EMAAR
•WASL properties
•G&CO
•SOBHA Realty
•DAMAC