DAMAC Towers By Paramount

- AVA00492

Business Bay, Dubai, United Arab Emirates

Price: AED 1.7MBeds: 1Baths: 2Sq. Ft.: 920/Sq. Ft.: ₹1,847/sq ft
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Experience the height of glamorous living in the heart of Dubai's Business Bay with these luxury apartments at DAMAC Towers by Paramount. Inspired by the iconic Hollywood lifestyle, this prestigious development seamlessly blends residential and hotel towers, offering residents an unparalleled living experience with world-class amenities and impeccable service. Imagine yourself immersed in a vibrant community, surrounded by stunning architecture and breathtaking views of the Dubai skyline.

Beyond the lavish residences, DAMAC Towers by Paramount boasts a prime location with convenient access to essential amenities. Families will appreciate the proximity to GEMS Wellington Primary School, located just 4.2 km away, ensuring quality education is within easy reach. Daily necessities are effortlessly met with supermarkets a mere 0.5 km away within Business Bay. For healthcare needs, Mediclinic Dubai Mall is conveniently situated 2.8 km from your doorstep.

Connectivity is a key advantage of this location, with Dubai International Airport (DXB) easily accessible for international travel. Commuting is a breeze with the DIFC bus station just 3.2 km away and the Business Bay Metro Station located 2.8 km away. Direct access to Sheikh Zayed Road (E11) and Al Khail Road ensures seamless travel throughout the city, making DAMAC Towers by Paramount an ideal home for those seeking both luxury and convenience in a vibrant urban setting.

Property Details

Micro-market
Business Bay
Configuration
1 BHK
Property Type
Apartment
Built-up Area
920 sq ft
Year Built
2019
Status
Ready to Move

Available Properties

Project variants for under-construction developments — unit types, sizes, starting prices and possession dates.

Inventory Type

VariantSizeStarting PricePossessionCTA
1 BHK920 sq ftPrice on request

Property Information

  • Community: Business Bay, Dubai
  • Project Name: DAMAC Towers by Paramount

  • Listing Price: AED 1.7 M
  • List Date: Dec 28, 2025
  • Days on Market: 112
  • Listing ID: AVA00492
  • Status: Ready to Move

  • Security: CCTV security
  • Floors Allowed: 68

  • Parking: Covered parking with valet services
  • Pool: Swimming pool

Investment Information

  • Capital Appreciation: 8%

Brochures & Documents

Location

Business Bay, Dubai, United Arab Emirates

  • Airport: Dubai International Airport (DXB)
  • Railway: Business Bay Metro Station - 2.8 km
  • Highway: Sheikh Zayed Road (E11) and Al Khail Road
  • Hospital: Mediclinic Dubai Mall - 2.8 km
  • Grocery: Supermarkets within 0.5 km
  • School: GEMS Wellington Primary School - 4.2 km

Nearby Attractions

Fine-grained ratings and travel times for popular spots nearby.

RatingAttractionTypeBest Time to VisitDistance
9.6 / 10The Dubai FountainTourist AttractionEvening3.05 km
9.4 / 10Dubai MallShopping Mall4.18 km
9.6 / 10La PerleTheatreWeekdays3.1 km
9.2 / 10Dubai Water CanalWaterfront AttractionSunset2 km
8.6 / 10Bay Avenue ParkPark1.3 km

Social Infrastructure

Key education, healthcare, and dining amenities near this property.

Education
InstitutionTypeDistanceNotes
GEMS Wellington Primary SchoolPrimary School4.2 kmOffers the National Curriculum for England.
Clarion SchoolSchool4.6 km4 minutes by car. American curriculum.
Safa British SchoolSchool5 km6 minutes by car. British curriculum.
Jumeirah English Speaking School (JESS)Primary School7.9 km6 to 8 minutes away. British curriculum.
Hartland International SchoolSchool6.8 kmBritish curriculum.
Hospitals & Vet Clinics
HospitalTypeDistanceNotes
Mediclinic Dubai MallHospital2.8 kmPart of a major international healthcare group.
Aster Clinic, Business BayClinic0.5 kmOffers a wide variety of services.
Emirates Hospital Clinics - Business BayClinic1.1 kmLocated in Bay Avenue.
Florence Medical CentreMedical Center2.1 kmLocated on Marasi Drive.
Dining & Cafes
RestaurantRatingDistanceNotes
Pacific Groove Restaurant & Lounge4.30 kmLocated within Paramount Hotel Dubai.
Craft Table4.60 kmArtisan café located within Paramount Hotel Dubai.
ROKA Dubai4.61.2 kmJapanese Robatayaki cuisine.
BASTA!4.32.2 kmItalian restaurant.
The Eloquent Elephant4.41.2 kmArtisan gastropub with British classics.
Prime684.61.1 kmElegant steakhouse.

Investment Calculator

Calculate your EMI, returns and investment potential

₹11,064.746

per month

20 years • 8.5% interest • Fixed rate

6%12%

₹11K

Monthly EMI

Principal & Interest
₹11K
Property Taxes
₹1K
Maintenance
₹10K

Investment Returns

8%

Expected ROI

0%

Rental Yield

Bank Interest Rates

SBI8.40% – 9.65%
HDFC8.60% – 9.50%

Investment Summary

Total Investment₹17.00 L
Down Payment₹4.25 L
Loan Amount₹12.75 L

This calculator is for illustrative purposes only.

Rental Yield Calculator

Calculate potential returns on rental property investments

How much do you want to invest?

₹17.00 L
₹1,000
25%
30%

Net Rental Yield

3.8%

Monthly Income

₹5K

Rental Breakdown

Total Investment₹17.00L
Gross Annual Rental₹0.91L
Management Fee- ₹0.27L
Net Annual Rental₹0.64L
Gross Yield5.4%
Net Yield3.8%
Payback Period26.6 years

This calculator is for illustrative purposes only. Actual returns depend on market conditions, property management, and occupancy.

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