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AED
1,600,000
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Studio
2 baths
691 sqft
DAMAC Paramount Tower (Midtown) Hotel And Residences, Business Bay, Dubai, UAE
Vacant | High Floor | Best Layout BRAND NEW HOTAL
Type
Apartment
Purpose
Sale
Property Age
4 Years
Furnishing
Furnished
Average Rent
AED 108,466 Yearly
Updated
10th July 2026
Completion Status
Ready
Service Charge
22.5 AED/sqft
Apartment for sale in Paramount Tower Hotel & Residences, Business Bay
Property Highlights:
- Built-Up Area: 692 sq. ft.
- Studio, 1 Bathroom
- Fully Furnished
- High Floor
- Ready to Move In
- Vacant Soon
- Best Layout
Community and Lifestyle Amenities:
- Rooftop swimming pool
- State-of-the-art fitness centre
- Lavish spa and wellness club
- Screening room
- Restaurants, bars and lounges
- Children's club
- 24-hour valet parking
- Concierge and security services
- Covered parking
- Housekeeping services
- Bay Avenue Mall and park
- Dubai Water Canal promenade
Location and Connectivity:
Paramount Tower Hotel & Residences sits in the heart of Business Bay, strategically positioned along the banks of the Dubai Water Canal. Its proximity to Downtown Dubai and the Burj Khalifa district enhances its appeal, offering residents a high-energy, city-centric lifestyle. The Dubai Water Canal promenade is a highlight of the area, featuring scenic walking paths, cycling tracks and waterside dining. Bay Avenue Park offers a vast green space, a jogging track, children's playgrounds, outdoor gymnasium areas, and a skate park.
The community is bordered by Sheikh Zayed Road (E11) and Al Khail Road (E44), ensuring swift connections across the city, with easy access to Dubai Mall, DIFC, City Walk, and Dubai International Airport. The Business Bay Metro Station, situated along the Dubai Metro's Red Line, offers fast and reliable transportation to Dubai International Airport as well as communities like Dubai Marina and Jumeirah Lake Towers. RTA water taxis and major road networks further ensure seamless mobility for residents.
For more details or to arrange a viewing, please contact Caleb Edward Jackson.
Property Highlights:
- Built-Up Area: 692 sq. ft.
- Studio, 1 Bathroom
- Fully Furnished
- High Floor
- Ready to Move In
- Vacant Soon
- Best Layout
Community and Lifestyle Amenities:
- Rooftop swimming pool
- State-of-the-art fitness centre
- Lavish spa and wellness club
- Screening room
- Restaurants, bars and lounges
- Children's club
- 24-hour valet parking
- Concierge and security services
- Covered parking
- Housekeeping services
- Bay Avenue Mall and park
- Dubai Water Canal promenade
Location and Connectivity:
Paramount Tower Hotel & Residences sits in the heart of Business Bay, strategically positioned along the banks of the Dubai Water Canal. Its proximity to Downtown Dubai and the Burj Khalifa district enhances its appeal, offering residents a high-energy, city-centric lifestyle. The Dubai Water Canal promenade is a highlight of the area, featuring scenic walking paths, cycling tracks and waterside dining. Bay Avenue Park offers a vast green space, a jogging track, children's playgrounds, outdoor gymnasium areas, and a skate park.
The community is bordered by Sheikh Zayed Road (E11) and Al Khail Road (E44), ensuring swift connections across the city, with easy access to Dubai Mall, DIFC, City Walk, and Dubai International Airport. The Business Bay Metro Station, situated along the Dubai Metro's Red Line, offers fast and reliable transportation to Dubai International Airport as well as communities like Dubai Marina and Jumeirah Lake Towers. RTA water taxis and major road networks further ensure seamless mobility for residents.
For more details or to arrange a viewing, please contact Caleb Edward Jackson.
Posted on: 2nd July 2026
Validated Information
Developer
NAMAA PROPERTIES DEVELOPMENT L.L.C
Ownership
Freehold
Balcony Size
233 sqft
Parking Availability
Yes
Usage
Residential
Mortgage Calculator
UAE Residency Status
AED
AED
%
Years
%
Monthly Payment
AED 0
Building Information
Building Name
PARAMOUNT TOWER HOTEL & RESIDENCES
Floors
65
Number of Apartments
281
Retail Centres
6
Swimming Pools
1
Parking Spaces
542
Building Area
1,573,620 sqft
Offices
2
Elevators
13
Amenities
Maids Room
Study
+31 More
Central A/C & Heating
Balcony
Private Garden
Private Gym
Private Jacuzzi
Shared Pool
Shared Spa
Security
Covered Parking
Double Glazed Windows
Day Care Center
Electricity Backup
First Aid Medical Center
Service Elevators
Prayer Room
Laundry Room
Broadband Internet
Business Center
Intercom
ATM Facility
Kids Play Area
Maintenance Staff
CCTV Security
Cafeteria or Canteen
Facilities for Disabled
Storage Areas
Cleaning Services
Barbeque Area
Lobby in Building
Waste Disposal
Map View
DAMAC Paramount Tower (Midtown) Hotel And Residences, Business Bay, Dubai, UAE
More Info
Permit Number
7132466931
Zone Name
Business Bay
Registered Agency
ROYAL PLACE REAL ESTATE L.L.C S.O.C
RERA
31139
Reference ID
ZAH-002
BRN (DLD)
96221
Permit
To know more about the rules and regulations visit the Land Department Website.
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