DAMAC "Damac Paramount Towers" by DAMAC Properties

Developer:
DAMAC Properties
Location:
Business Bay
0% installment until:
Q3 2019
Delivery date:
Q3 2019

About this object

Premium real estate in Business Bay: a practical look at Damac Paramount Towers and its investment logic

Damac Paramount Towers Business Bay residential towers sit at the heart of Dubai’s Business Bay district as a premium project by Damac Properties.

The complex comprises four towers of 66 floors each, with three towers housing residential units and the fourth dedicated to a hotel.

Each residence features sleek, contemporary design and functional layouts that suit a city lifestyle, while the multi-level podium connects all towers and hosts a range of amenities.

Inside the podium, residents and guests access restaurants and bars, event halls, fitness centers, spas, swimming pools with a panoramic sun terrace, recreation areas, cinemas, a children's club and a shopping area.

The property sits on Al Abraj Road in Business Bay, with easy access to the Ras Al Khor highway and convenient public transport options, including nearby metro and bus services and walking-distance access to the Business Bay and Financial Center stations. Nearby cafes and supermarkets complete the daily conveniences for residents and visitors alike.

Overall, Damac Paramount Towers Business Bay residential towers offer a rational framework for investment in this area.

Architecture, design, and available residence formats

Damac Paramount Towers Business Bay residential towers balance Hollywood-inspired design with functional layouts across studios and 1–3 bedroom apartments.

The architecture emphasizes sleek lines and a contemporary aesthetic that maximizes light and space while keeping practical living arrangements at the core.

  • Studios
  • One-bedroom units
  • Two-bedroom units
  • Three-bedroom units

While three towers are dedicated to residences, the fourth tower is occupied by a hotel, all linked by the same podium and shared amenities, reinforcing the overall concept of Damac Paramount Towers Business Bay residential towers as a cohesive complex.

In this arrangement, investors can assess value through the balance of design quality and the flexibility of living formats offered by Damac Paramount Towers Business Bay residential towers.

Infrastructure and privileges: the practical comfort layer

Damac Paramount Towers Business Bay residential towers are supported by a comprehensive on-site infrastructure and privileges program that enhances day-to-day living.

The four-tower complex centers on a multi-level podium that hosts culinary, leisure and wellness facilities, so residents can access most daily needs without leaving the site.

  • Restaurants and bars within the podium
  • Event halls for gatherings and functions
  • Fitness centers and spas
  • Swimming pools with a large sun terrace
  • Cinemas, recreation areas and a children's club
  • Shopping area and convenient services

These on-site amenities contribute to a practical comfort layer that supports sustainable living for Damac Paramount Towers Business Bay residential towers.

Damac Paramount Towers Business Bay residential towers reinforce daily convenience and value through integrated facilities and services.

Location and connectivity: demand drivers, liquidity, logistics

Damac Paramount Towers Business Bay residential towers occupy a prime position in Dubai, facing Al Abraj Road and offering straightforward access to the Ras Al Khor highway for quick movement around the city.

The development is within walking distance of the Business Bay and Financial Center metro stations and is near the Business Bay bus stop, making public transport a viable option for daily commuting and exploration.

Nearby cafes, restaurants and supermarkets such as Fuchsia Urban Thai, Taipei Dao, Zen Restaurant, The Espresso Lab, West Zone Supermarket, Spinneys and Carrefour help anchor daily life and support long-term desirability of Damac Paramount Towers Business Bay residential towers.

Damac Paramount Towers Business Bay residential towers stand as a well-connected asset within Dubai's urban fabric.

Location

Location

Overview of Business Bay

Business Bay sits along the Dubai Water Canal, blending commercial, residential and business life in a dynamic district. Business Bay is one of Dubai's most recognizable hubs, with Downtown Dubai, the Burj Khalifa, the Opera District, the Dubai Mall and Souk Al Bahar within easy reach.

Its well-connected location provides straightforward access to the main arteries like Sheikh Zayed Road and Al Khail Road, helping residents and visitors reach a variety of destinations around the city with efficiency.

Key highlights

  • Prime position along the Dubai Water Canal with water-facing ambience
  • Close to Downtown Dubai, Burj Khalifa, Opera District, Dubai Mall and Souk Al Bahar
  • Strong road connections to Sheikh Zayed Road and Al Khail Road
  • Proximity to City Walk for shopping, dining and entertainment
  • Accessible to DIFC and Jumeirah beaches within a short drive
  • Walkable access to the Burj Khalifa metro station and multiple bus routes
  • Public water transport and marinas along the canal, with canal access to Dubai Creek, Jumeirah and Al Wasl
  • Nearby educational institutions such as GEMS Indian School, JSS Private School, Horizon English School, Hartland International School and Jumeirah English Speaking School

Location and connectivity

Business Bay bridges business and living needs with direct connections to Sheikh Zayed Road and Al Khail Road. The district is a short walk from the Burj Khalifa metro station, and other public transport options follow the main roads, while marinas along the canal support private boats. The canal itself links residents and visitors to Dubai Creek, Jumeirah and Al Wasl, supporting a range of travel and leisure patterns.

Business and investment angle

As a commercial, residential and business hub, Business Bay offers a central setting for companies seeking convenient access to Dubai's key districts and transport corridors. The area's proximity to Downtown Dubai and major road networks enhances connectivity for offices and mixed-use developments, while the waterfront environment adds a distinct living and working ambiance.

Property interest nearby

Housing in Business Bay is often chosen by tourists as well as businessmen and professionals who want to live close to their place of work, reflecting a blend of short-stay appeal and long-term living options. Nearby residential and business districts can broaden housing choices for varied needs.

Who it suits

  • Tourists seeking a central location with easy access to major city attractions
  • Business professionals who value a short commute to offices in the heart of Dubai
  • Executives and entrepreneurs looking for a vibrant, mixed-use urban environment
  • Residents who appreciate easy metro access and waterfront amenities
  • Families seeking proximity to international schools and lifestyle amenities

Questions

What is Business Bay known for?

Business Bay is a commercial, residential and business hub that sits along the Dubai Water Canal, with easy access to Downtown Dubai and iconic landmarks such as the Burj Khalifa, Dubai Mall and the surrounding Opera District.

How easy is it to move around from Business Bay?

Residents and visitors benefit from a short walk to the Burj Khalifa metro station, multiple bus routes along the main roads, and public water transport and marinas along the canal. The canal also provides access to Dubai Creek, Jumeirah and Al Wasl.

What attractions are near Business Bay?

Popular nearby attractions include Downtown Dubai, the Burj Khalifa, Opera District, Dubai Mall and Souk Al Bahar, with quick links to City Walk for shopping and dining.

Who often lives in Business Bay?

Housing in Business Bay is often chosen by tourists, as well as businessmen and professionals who want to live close to their place of work.

Are there schools nearby?

Nearby educational institutions include GEMS Indian School, JSS Private School, Horizon English School, Hartland International School and Jumeirah English Speaking School. Green City Real Estate is a local agency that can provide general guidance if you are exploring options.

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Starting price

309067

309067

Contact us to learn more about this property
Learn more
Contact the agent
Andrey Korzh
Green City Real Estate Licensed Broker
andrew.bgcre@gmail.com
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