Building Guide
Paramount Tower Hotel & Residences
Type
Residential
Floors
63
Chiller
District Cooling
Service Charge
AED 24.5/sqft
About the Building
Paramount Tower Hotel & Residences is a magnificent 63-storey tower that perfectly blends the luxury of a world-class hotel with the comforts of high-end residential living. Developed by DAMAC Properties, the tower is inspired by the rich history of Paramount Pictures, offering residents a cinematic lifestyle characterized by sophistication and Hollywood glamour. The building features sleek architectural lines and expansive glass facades that provide panoramic views of the Dubai Canal and the Burj Khalifa area.
Apartments
The tower offers a collection of luxury hotel rooms and one, two, and three-bedroom residential apartments. Each unit is meticulously designed with contemporary finishes, high ceilings, and floor-to-ceiling windows. The interiors reflect a sophisticated aesthetic inspired by the golden age of cinema, featuring spacious balconies and premium kitchen appliances.
Amenities & Facilities
The building boasts an impressive array of lifestyle amenities, including a stunning rooftop infinity pool with views of the city skyline, a state-of-the-art fitness center, and a luxury spa. Residents also have access to private screening rooms, signature restaurants, and high-end retail outlets located within the tower's podium, ensuring a truly five-star living experience.
Paramount Tower Hotel & Residences Transportation & Access
Paramount Tower offers excellent connectivity with direct access to Sheikh Zayed Road and Al Khail Road. The Business Bay Metro Station is a short drive away, and the area is well-serviced by RTA taxis and bus networks, ensuring seamless travel to Dubai International Airport and the Dubai International Financial Centre (DIFC).
Paramount Tower Hotel & Residences Location & Area
Strategically located in the heart of Business Bay, Paramount Tower Hotel & Residences sits adjacent to the Burj area, providing easy access to Dubai’s most iconic landmarks. Residents enjoy a prime position near the Dubai Canal and are just minutes away from the vibrant Downtown Dubai district, making it an ideal hub for both business and leisure.
What's Nearby
The surrounding area is home to an array of fine-dining restaurants, chic cafes, and the world-famous Dubai Mall. Educational institutions such as GEMS Our Own Indian School are nearby, while medical facilities like Emirates Hospital are within easy reach. The nearby Bay Avenue Mall provides convenient local shopping and services.
Location Map
Paramount Tower Hotel & Residences Details & Costs
Cooling / Chiller
District Cooling
Service Charge
AED 24.5 / sqft / year
Internet
Etisalat and Du
Elevators
8 elevators
Pet Policy
Dogs Allowed
EV Charging
Not Available
Market Insights
DLD Data52081
AED 104201.4M
77
AED 9332.7M
32
AED 6489.2M
Frequently Asked Questions about Paramount Tower Hotel & Residences
What is the price range of apartments in Paramount Tower Hotel & Residences?
The price range of apartments in Paramount Tower Hotel & Residences varies from AED 800,000 to AED 5 million, depending on the size, layout, and amenities of the unit.
What amenities are available to residents of Paramount Tower Hotel & Residences?
Residents of Paramount Tower Hotel & Residences can enjoy a range of world-class amenities, including a rooftop pool, state-of-the-art gym, luxurious spa, and exclusive access to the Paramount Hotel's facilities, including fine dining restaurants and a stylish lounge.
Is Paramount Tower Hotel & Residences a good investment opportunity?
Yes, Paramount Tower Hotel & Residences is a great investment opportunity, with a high demand for luxury properties and a potential for long-term appreciation in value. Our team of experts can provide personalized advice and guidance to help you make the most of your investment.
What is the location of Paramount Tower Hotel & Residences?
Paramount Tower Hotel & Residences is located in the heart of the city, with easy access to major landmarks, public transportation, and amenities. The building's prime location makes it an attractive option for those seeking a convenient and luxurious lifestyle.
Can I rent out my apartment in Paramount Tower Hotel & Residences?
Yes, you can rent out your apartment in Paramount Tower Hotel & Residences. The building allows owners to rent out their units, and our team can provide guidance on the rental process and help you find a suitable tenant.
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Quick Facts
- ChillerDistrict Cooling
- Service ChargeAED 24.5/sqft
- Floors63
- EV ChargingNo
Latest Properties in Paramount Tower Hotel & Residences
No properties currently listed in this building.
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Post Free AdDisclaimer: Building information is provided for general guidance only and does not constitute professional property advice. Service charges, amenities, and policies may change. Always verify current information directly with building management before making tenancy or purchase decisions.
Updated Jul 2026
Reviewed by Waqov Research Team