Paramount Tower is a new luxury residential complex in Dubai that combines Hotel & Residences for permanent living. The hotel and apartments are represented by DAMAC Properties, a well-known developer in the Middle East. This developer offers exclusive housing and commercial properties, including those outside the United Arab Emirates.
The new high-rise premium residential and hotel complex is located in the prestigious Business Bay area in the center of Dubai, next to Sheikh Zayed Road. The hotel rooms are located on floors 15 to 25 and feature Hollywood-style furnishings.
Residential apartments are impressive in size and individually designed, which will be the best choice for wealthy foreign citizens looking for premium accommodation in the Emirates.
You can buy property in Paramount Tower Hotel & Residences Dubai by sending a request to our specialists or leaving contacts for feedback to the online operator. To select real estate in other jurisdictions, we offer to complete a questionnaire and receive comprehensive assistance on all issues.
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Paramount Hotels & Resorts in Dubai
Paramount Hotels & Resorts is a brand that combines modern design, a wide range of entertainment for residents, as well as professional services, and a business lifestyle.
Paramount Tower is a tower with 63 floors, which contains both residential apartments and premium hotel rooms. The luxury complex is located in the Business Bay area on the border with the Downtown Burj Dubai area, not far from the Opera House, near the world’s highest skyscraper Burj Khalifa and within walking distance from the largest shopping and entertainment center Dubai Mall.
The layout of the residential complex impresses with its extravagance and saturation, where everything is taken into account to the smallest detail. And its interior and exterior captivate with extraordinary beauty and impeccability:
- The lower floor of the skyscraper is reserved for a shopping area with a restaurant and infrastructure facilities for recreation, relaxation, and sports activities.
- Hollywood-style hotel rooms with exclusive furnishings occupy areas from the 15th to the 25th floors of the Paramount Tower.
- The remaining floors are occupied by residential apartments, where the owners can enjoy luxury and comfort. You can move in immediately after purchasing the property in already furnished apartments.
The hallmarks of the Paramount Tower are sophisticated design, enhanced entertainment infrastructure, premium restaurant service, and an innovative approach to spa and fitness. All this is brought together in one high-rise building in the heart of Dubai, where service and design are brought to a fundamentally new luxury level.
Why is it beneficial to buy property in the Emirates
The cost of apartments varies depending on the layout. The minimum purchase price for a property at the Paramount Tower Hotel and Residences is 352500 USD . With our help, choosing an ideal property for your tasks will not be difficult. It is enough to write us your wishes and get comprehensive assistance on all migration, investment, and banking issues.
When buying apartments or hotel rooms for investment, recreation, and permanent residence in the United Arab Emirates, foreign citizens are guided by the following advantages of such a choice:
- Investment benefit and fast payback – rental income reaches 8% in Dubai, and the market margin increases annually to several tens of percent. You can sell your housing as early as next year with a noticeable upward price difference.
- Access to a UAE residence permit by real estate purchase for 3 or 10 years, depending on the investment amount. Please contact our specialists for detailed conditions of the UAE investor visa program.
- Luxury and impeccable quality materials, appliances, furniture, and infrastructure are typical for all objects from the DAMAC Properties developer.
- Access to luxury housing in a safe state, where the government treats residents from Europe, Asia, and other parts of the world with equal loyalty.
- The friendly attitude of the local population, whose number in the emirate of Dubai is lower than that of expats.
- Tax benefits, which are sure to be appreciated by entrepreneurs for whom special free zones in the Emirates are open, and taxes can reach zero.
In addition to apartments in Paramount Tower Hotel and Residences, we offer you to get acquainted with other objects for sale in Dubai, which our experts can also help you to buy.
REAL ESTATE IN THE UAE: OUR BEST OFFERS
Business Bay area in Dubai and its advantages
Business Bay is a developed, modern area of Dubai, which includes business and entertainment centers, as well as residential and leisure properties. The area is located near the central part of the city, next to the Dubai Canal.
The total area of Business Bay is about 6 square kilometers, and commercial, residential, and multifunctional complexes are distributed throughout the territory in approximately the same percentage. Business Bay began to be built in 2003, and therefore, real estate here belongs to the elite category.
Paramount Tower architecture and design
Paramount Tower is an ultra-modern skyscraper that houses hotel rooms, with an area of 48-160 square meters, as well as luxurious premium-class apartments for permanent residence, with an area of 48-190 square meters (from 26 to 63 floors).
The internal architecture features of the Paramount Tower in Dubai include:
- modern technical completeness of apartments, where there is everything for life and recreation, including household appliances and a kitchen
- floor-to-ceiling windows to maximize sunlight
- modern furnishing according to the latest trends
- finishing with environmentally friendly materials
- some apartments have access to terraces with temperature-controlled pools and greenery.
A parking space in the covered car park is reserved for each owner, which is included in the total cost of housing.
Features of the Paramount Tower Dubai infrastructure
Paramount Tower has the first-class infrastructure, including:
- a chic rooftop pool overlooking the Burj area
- spa and fitness centers
- children’s playground with games and entertainment
- a barbecue area where you can relax with friends or family
- underground guarded parking
- shopping area with shops and restaurants on the lower floor of a skyscraper
- round the clock security and concierge service
- roof terrace with seating area and green spaces
- state-of-the-art gym with exercise machines and equipment
- conference rooms for meetings and events
- high-speed internet and more.
Paramount Tower’s restaurants are staffed by world-class chefs, and customers can choose from a stylized signature menu.
Ready-to-move-in apartments in Dubai – price and area
We offer real estate in an elite residential complex in Dubai, which you can buy quickly and with minimal personal involvement in the process. All you need is a desire, documents, and financial capabilities. In turn, we provide professional assistance, including opening a bank account in the Emirates.
Apartments available for sale:
- studio, 48 sq. m., USD 352,500
- one-bedroom apartment, 93 sq. m., USD 648,000
- two-bedroom apartment, 126 sq. m., USD 833,000
- three-bedroom apartment, 162 sq. m., USD 840,500.
Explore the technical, aesthetic, and design features of the Paramount Tower Hotel and Residences to make your buying decision.
The presented floor plans of the Paramount Tower Hotel & Residences in Dubai are not part of the official technical documentation and may differ in accessories, design features, and interior items from the actual equipment of the residential complex.
Paramount Tower Hotel & Residences is located on Sheikh Zayed Road, the main street of Dubai. The distance to local attractions and municipal sites is minimal:
- 15 minutes to a shopping mall
- 8 minutes to Jumeirah Beach
- 19 minutes to the sailing hotel
- 12 minutes to Dubai International Airport
- 25 minutes to Dubai Yacht Port
- 5 minutes to Dubai Shopping Mall/Harifata
- 18 minutes to Jumeirah Palm.
In addition, there are kindergartens, secondary educational institutions, medical clinics, pharmacies, and banks near the residential complex.
How to quickly buy property under the UAE residence permit program
To take advantage of our offer and quickly become the owner of real estate in the United Arab Emirates, just follow the recommendations:
- Contact our experts at firstname.lastname@example.org and discuss your preferences for the type, size, and price range of real estate in the UAE.
- We will select the appropriate objects for you and provide advisory assistance as detailed as possible.
- You will prepare the documents and make the first part of the advance payment, which is a guarantee that your goals are not fiction.
- We will prepare all documents for the sale transaction and transfer the data to the seller (the developer DAMAC Properties).
- If necessary (as additional services), you can order opening a bank account in the Emirates, services of a guide/translator and manager, registering a business in any region of the UAE, as well as applying for a UAE investor visa (residence permit) for yourself and your family members.
- The last stage is obtaining a document of ownership of an apartment, villa, hotel room, or other real estate in the Emirates.
If you have any questions, send us a request, and we will reply as soon as possible! You can study information on other services from our experts in the relevant section.