DUBAI PROPERTIES "Paramount Hotel Midtown" by Dubai Properties

Developer:
Dubai Properties
Location:
Business Bay
0% installment until:
Q4 2021
Delivery date:
Q4 2021

About this object

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

Paramount Hotel Midtown Business Bay mixed-use building represents a practical lens on the project and its investment logic. The development sits in Dubai's Business Bay with a 66-storey form that blends residences and hotel facilities under a modern, Hollywood-inspired concept. Dubai Properties Group is the main developer, with LACASA Architects & Engineering Consultants responsible for the architectural vision. The complex comprises studios and 1–3 bedroom apartments, plus hotel rooms on upper floors, delivering a flexible mix for living and visiting. Paramount Hotel Midtown Business Bay mixed-use building stands as a coherent example of how location, design, and use-case synergy translate into a rational asset in the district, Paramount Hotel Midtown Business Bay mixed-use building.

Architecture, design, and available residence formats

Paramount Hotel Midtown Business Bay mixed-use building demonstrates a contemporary architecture and a range of residence formats, including studios and 1–3 bedroom units, with hotel spaces integrated across the upper levels. The project language couples a sleek exterior with functional layouts to serve both residents and guests on floors 36 through 64. The developer and consultants emphasize quality standards, efficient circulation, and adaptable spaces that suit daily life in a busy urban frame. Paramount Hotel Midtown Business Bay mixed-use building is designed to support a balanced mix of uses, aligning with Paramount Hotel Midtown Business Bay mixed-use building.

Location and connectivity: demand drivers, liquidity, logistics

Paramount Hotel Midtown Business Bay mixed-use building benefits from a prime location in Business Bay with strong connectivity to key city destinations. In easy reach are Dubai Mall (approximately 7 minutes), Palm Jumeirah (approximately 21 minutes), Burj Al Arab (approximately 19 minutes), and The Walk JBR (approximately 24 minutes). The Dubai International Airport (DXB) is approximately 15 minutes’ drive away and Al Maktoum International Airport approximately 46 minutes’ drive away. Paramount Hotel Midtown Business Bay mixed-use building sits in a district where location and connectivity reinforce its value.

Amenities: health, leisure, and daily-life scenarios

Paramount Hotel Midtown Business Bay mixed-use building offers a practical amenities framework that supports daily life and guest experiences. The project provides event facilities, a fitness centre, gyms, a relaxation area, a luxury spa, conference rooms, a heated swimming pool, and parking to meet residents’ and guests’ needs.

  • Event facilities
  • Fitness centre and gyms
  • Relaxation area
  • Luxury spa
  • Conference rooms
  • Heated swimming pool
  • Parking

These amenities reinforce the appeal of Paramount Hotel Midtown Business Bay mixed-use building as a complete, livable, and manageable asset within Paramount Hotel Midtown Business Bay mixed-use building.

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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Contact us to learn more about this property
Learn more
Contact the agent
Artem Kremko
Company co-owner
a@greencityre.com
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