ReadyBranded Residences
DAMAC Towers by Paramount Hotels & Resorts
Business Bay · Dubai · by DAMAC Properties
Details are indicative, confirm with our desk before transacting
Price from
AED 1.1M
to AED 4.5M
Bedrooms
Studio-3BR
Branded Residences
Handover
Ready
Ready
Est. gross yield
6%
indicative
In Business Bay, Dubai, DAMAC Properties has DAMAC Towers by Paramount Hotels & Resorts, a branded residence across Studio-3BR homes. It handed over in 2019 and still lists from AED 1,100,000. Of the 61 priced Business Bay projects on file, 3 start at AED 1,100,000, this one among them.
Why it makes the list
- Four-tower cluster branded with Paramount Hotels & Resorts
- Hollywood-themed amenities and hotel tower within the complex
- High short-let demand on the Downtown fringe
Payment structure
Ready, mortgage/cash
Modelled on entry price AED 1.1M
Booking / down payment20% · AED 220,000
On handover80% · AED 880,000
Completed branded cluster; 20-25% down with a UAE mortgage. Figures shown against the entry price. Confirm the live schedule with our desk. Indicative, not financial advice.
Cost to entry
What it takes to secure a unit at DAMAC Towers by Paramount Hotels & Resorts: the down payment plus government and trustee costs, before the mortgage question.
Down payment20%
AED 220,000
DLD fee4%
AED 44,000
Trustee + adminfixed
≈ AED 4,500
All-in entry estimate
AED 268,500
Down payment 20% + DLD 4% + trustee. Indicative, not financial advice.
DA
Developer
DAMAC Properties
Tier 1 developer · 43,000+ units delivered across the Middle East · since 2002
Data provenance
Details for DAMAC Towers by Paramount Hotels & Resorts are maintained by our research desk and reconfirmed against DAMAC Properties’s current inventory before any reservation. Spotted something out of date? Tell us and we will check it against the source.
Same set · Dubai
