Branded ResidencesRegister

Business Bay

Paramount Tower Hotel And Residences Dubai

Operating

The residences

The name licensed to this project and carried on the building. A brand is not a company: it holds no title, builds nothing and runs nothing.
Paramount
The business the brand comes from — hotel, fashion, design, automotive, restaurant, club, or a developer’s own name.
Hotel
The kinds of home offered — villas, condos, penthouses, lots — and how they break down. Not how many, and not what interest is sold.
Hotel rooms and one- and two-bedroom residences up to 1,517 sq.ft, with a sky lobby
Whether a hotel shares the site, the building is mixed-use, or it is residences only.
Hotel on site
When its residences were first released for sale.
No launch date found on any opened page.
When the residences were handed over to buyers.
DAMAC's own page states no handover date, showing "ENQUIRE NOW" in its place; the Dubai-wide survey behind this market notes the neighbouring DAMAC Towers by Paramount handed over Q3 2018, which this record does not carry as its own date.
8 fields not recorded

What the brand does · Master plan · Residences · What you buy · Price · Announced · Construction started · Handover projected

Not recorded is a statement about this register: no sourced value is held for these. It is never a claim that anyone withheld them.

Who is behind it

The company that runs properties under this project’s brand and sets the standards carried under it. It need not own the name — who owns it is the brand licensor.
not recorded
The party that promotes the project and carries it through to delivery. May also hold title to part of it — being one does not make it the other.
DAMAC Properties
6 fields not recorded

Building manager · Holds title to · Architect · Interior design · Main contractor · Brand licensee

Not recorded is a statement about this register: no sourced value is held for these. It is never a claim that anyone withheld them.

How this project is structuredParamount Tower Hotel And Residences Dubai is a DAMAC Properties development on Sheikh Zayed Road, combining hotel rooms with one- and two-bedroom residences under the Paramount brand. DAMAC's own page states no handover date.

Sources

www.damacproperties.com/en/projects/damac-paramount-…
DAMAC's own project pageAccessed 28 Jul 2026

See it on the map