Damac Paramount Towers 1BR Apartment — Sought-After Address

Situated in the heart of Business Bay, Damac Paramount Towers brings together luxury hospitality and residential living in one of Dubai’s most connected districts

This one-bedroom apartment offers a refined daily experience shaped by the iconic Paramount Hotels and Resorts brand, placing cinematic design and five-star service within arm’s reach of the city’s key destinations.

The unit spans a generous 1,056 sq ft across a well-considered layout suited to professionals, couples, or investors seeking a premium address with strong rental credentials. The building’s hotel-serviced concept means residents benefit from amenities and management standards that sit well above the typical residential offering in this price bracket.

Unit Features

– One-bedroom apartment
– 1,056 ft² / 98 m²
– Business Bay, Dubai
– Ready and available
– Hotel-branded residence
– High-floor potential with city views
– Professionally managed building

Complex Amenities

– Rooftop infinity pool
– Fully equipped fitness centre
– Spa and wellness facilities
– Concierge and front-desk services
– Valet parking
– Multiple dining and café outlets
– Housekeeping services available
– Cinema-themed communal spaces
– Business centre

Architecture & Concept

Damac Paramount Towers draws on the legacy of Paramount Hotels and Resorts to deliver a residence defined by cinematic flair and precise detailing. The four-tower development rises above Business Bay with a design vocabulary rooted in Hollywood glamour translated into liveable, contemporary spaces. Interiors balance bold visual identity with functional comfort across every floor plate.

About the Developer

Damac Properties is one of the UAE’s largest and most recognised luxury real-estate developers, with a portfolio spanning residential, commercial, and hospitality assets across the Middle East and beyond.

Location & Benefits

– Business Bay, central Dubai
– Five minutes to Downtown Dubai and Burj Khalifa
– Direct access to Sheikh Zayed Road
– Ten minutes to Dubai International Financial Centre
– Walking distance to Dubai Canal waterfront
– Fifteen minutes to Dubai International Airport
– Served by Business Bay Metro Station
– Surrounded by retail, dining, and corporate demand

Investment Appeal

– Business Bay ranks among Dubai’s highest-demand rental districts
– Hotel-serviced units attract short-term and corporate tenants
– Strong resale liquidity driven by brand recognition
– Entry point competitive against comparable branded residences
– Dual-use appeal supports both long-term holds and active letting strategies
– Continued infrastructure growth underpins value trajectory

Frequently Asked Questions

Q: Can the unit be used as a short-term rental?
A: Yes, the hotel-branded structure of Damac Paramount Towers is well suited to short-term letting, subject to the relevant DTCM registration requirements.

Q: Is the apartment sold furnished?
A: Furnishing details are available on request; prospective buyers should confirm the current fit-out status directly with the listing agent.

Q: What makes Business Bay a strong location for investment?
A: Business Bay combines proximity to Downtown Dubai, direct canal frontage, Metro connectivity, and a large corporate tenant base, all of which sustain consistent rental demand and liquidity.

For full details, payment options, or to arrange a viewing, please use the enquiry form on this page.