Paramount Tower B is a residential building in Business Bay. It is part of DAMAC Towers by Paramount Hotel & Resort, a four-tower complex developed by DAMAC Properties. Paramount Tower B, Business Bay has 68 floors and stands 270 metres above the ground. The residential building is connected to a multi-level plaza on the podium level.
Interested buyers will find studio, 1, 2 and 3-bedroom apartments in DAMAC Paramount Tower B. The high-rise tower offers multiple amenities including a kid’s play area, gymnasium and a swimming pool. Paramount Tower B facilities include 24-hour CCTV security system, high-speed elevators and a spacious lobby. DAMAC Tower B by Paramount Hotel & Resort is situated close to Ras Al Khor Road and Financial Centre Road.
In a Nutshell
Type of building: Residential
Location: Business Bay
Developer: DAMAC Properties
Date of completion: 2019
Number of floors: 68
Unit type: Studio, 1, 2 and 3-bedroom apartments
Amenities: Gym, swimming pool and kid’s play area
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BUILDING DETAILS
Facilities in Paramount Tower B, Business Bay
Parking
There is on-site parking and valet parking in Paramount Tower B, Business Bay. Each unit gets at least one parking space.
Elevators
There are multiple high-speed elevators in Paramount Tower B.
Security, Central Air-Conditioning and Maintenance Services
Paramount Tower B has 24-hour CCTV video surveillance and regular maintenance services. Residents would have to pay yearly chiller charges depending on their contract.
Gym and Fitness Facilities
Fitness facilities include a fully equipped gymnasium in Paramount Tower B, Business Bay. Residents can also find a temperature-controlled outdoor swimming pool in the building.
Lifestyle Amenities
Entertainment wise, you will find a kid’s play area, Jacuzzi, steam room and barbeque area in the building. Residents will enjoy a vibrant lifestyle in Business Bay thanks to numerous entertainment options near the tower.
Concierge and Guest Services
Paramount Tower B, Business Bay, has a grand lobby. Concierge services are also available at all times.
Apartment Types in Paramount Tower B
One can find studio, 1, 2 and 3-bedroom apartment types in Paramount Tower B, Business Bay, Dubai.
Studio Apartments in Paramount Tower B
Studio apartments in Paramount Tower B cover 475 sq. ft. These flats have an attached bathroom, a kitchen and a large living space.
1-Bedroom Apartments in Paramount Tower B
1-bedroom apartments in Paramount Tower B cover 917 sq. ft. to 1,050 sq. ft. Each residential unit has one master bedroom with an attached bathroom and built-in cabinets. These flats also have a guest bathroom, a kitchen, a living area and a balcony.
2-Bedroom Apartments in Paramount Tower B
2-bedroom apartments in Paramount Tower B have covered areas ranging from 1,3940 sq. ft. to 1,516 sq. ft. Each flat has a closed-style kitchen, a spacious living room, a balcony and a guest bathroom. These apartments feature two large bedrooms with attached bathrooms and separate wardrobes.
3-Bedroom Apartments in Paramount Tower B
3-bedroom apartments in Paramount Tower B have covered areas of 1,747 sq. ft. These apartments have three spacious bedrooms with bathrooms and built-in cabinets. One can also find a fully furnished kitchen, a guest bathroom, a large living room and a balcony.
Most Popular Apartment Types in Paramount Tower B, Business Bay
1-Bed
2-Bed
3-Bed
4-Bed
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Based on searches conducted by users in Bayut.com over the last 12 months. Last updated 5 hours ago
According to Bayut, 2-bedroom flats in Tower B enjoy the highest popularity. They are followed by 1-bed apartments in the second spot. 3-bedroom flats take up the third position on the list. 4-bed units rank in the fourth position.
1,394 sqftLUXURIOUS | FULLY FURNISHED | BURJ VIEWTower B, DAMAC Towers by Paramount Hotels and Resorts, Business Bay, Dubai, UAE
AED23,999Monthly
3
2
1,747 sqftAmazing 3BR, Damac Paramount, Business BayTower B, DAMAC Towers by Paramount Hotels and Resorts, Business Bay, Dubai, UAE
AED20,000Monthly
2
2
1,387 sqftAliving Luxury 2BR | Beautifully Furnished With Burj Khalifa view 6102Tower B, DAMAC Towers by Paramount Hotels and Resorts, Business Bay, Dubai, UAE
AED120,000Yearly
1
1
965 sqft1-Bedroom by Damac | Tower B | Burj Khalifa ViewTower B, DAMAC Towers by Paramount Hotels and Resorts, Business Bay, Dubai, UAE
AED160,000Yearly
2
3
1,517 sqftPREMIUM | HIGH FLOOR | LUXURY FURNITURETower B, DAMAC Towers by Paramount Hotels and Resorts, Business Bay, Dubai, UAE
AED120,000Yearly
1
2
928 sqftBURJ KHALIFA VIEW | HIGH FLOOR | READY TO MOVE.Tower B, DAMAC Towers by Paramount Hotels and Resorts, Business Bay, Dubai, UAE
AED14,999Monthly
1
2
1,462 sqftBURJ KHALIFA VIEW | BIGGEST LAYOUT | ALL BILLS INCLUSIVETower B, DAMAC Towers by Paramount Hotels and Resorts, Business Bay, Dubai, UAE
AED20,000Monthly
2
3
1,582 sqftLarge Terrace | 2 Bedroom ServicedTower B, DAMAC Towers by Paramount Hotels and Resorts, Business Bay, Dubai, UAE
AED14,800Monthly
1
1
929 sqftUltimate stay | 1 Bedroom | Business BayTower B, DAMAC Towers by Paramount Hotels and Resorts, Business Bay, Dubai, UAE
AED155,000Yearly
2
3
1,514 sqftLUXURY LIVING I FULLY FURNISHED I LARGE LAYOUTTower B, DAMAC Towers by Paramount Hotels and Resorts, Business Bay, Dubai, UAE
AED200,000Yearly
3
3
1,747 sqftMODERN LAYOUT | SPACIOUS AND BRIGHT | FURNISHEDTower B, DAMAC Towers by Paramount Hotels and Resorts, Business Bay, Dubai, UAE
AED14,500Monthly
1
1
1,055 sqftFully Furnished | Spacious | Close To Dubai MallTower B, DAMAC Towers by Paramount Hotels and Resorts, Business Bay, Dubai, UAE
AED250,000Yearly
3
2
1,394 sqft**HOT DEAL** 3BR ALL IN SUITE LUXURY HIGH QUALITYTower B, DAMAC Towers by Paramount Hotels and Resorts, Business Bay, Dubai, UAE
AED18,000Monthly
2
2
1,515 sqftAmazing View | Luxury Furnished | Great LocationTower B, DAMAC Towers by Paramount Hotels and Resorts, Business Bay, Dubai, UAE
AED180,000Yearly
2
3
1,394 sqftFULLY FURNISHED | HUGE BALCONY | LUXURYTower B, DAMAC Towers by Paramount Hotels and Resorts, Business Bay, Dubai, UAE
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1,388 sqftVOT | High Floor | Burj Khalifa View | RareLayoutTower B, DAMAC Towers by Paramount Hotels and Resorts, Business Bay, Dubai, UAE
AED1,579,000
1
2
939 sqftINVESTOR DEAL | BURJ VIEW | WELL MAINTAINEDTower B, DAMAC Towers by Paramount Hotels and Resorts, Business Bay, Dubai, UAE
AED2,649,000
3
3
1,747 sqftMODERN LAYOUT | SPACIOUS AND BRIGHT | FURNISHEDTower B, DAMAC Towers by Paramount Hotels and Resorts, Business Bay, Dubai, UAE
AED2,319,000
2
3
1,394 sqftLUXURIOUS | FULLY FURNISHED | BURJ KHALIFA VIEWTower B, DAMAC Towers by Paramount Hotels and Resorts, Business Bay, Dubai, UAE
AED2,790,000
3
3
1,744 sqft3 BR | Burj Khalifa | Rented | High FloorTower B, DAMAC Towers by Paramount Hotels and Resorts, Business Bay, Dubai, UAE
AED1,539,000
1
2
929 sqftINVESTOR DEAL | BURJ KHALIFA VIEW | CANAL VIEWTower B, DAMAC Towers by Paramount Hotels and Resorts, Business Bay, Dubai, UAE
AED1,599,000
1
2
962 sqftBURJ VIEW | PREMIUM AND SPACIOUS | FURNISHEDTower B, DAMAC Towers by Paramount Hotels and Resorts, Business Bay, Dubai, UAE
AED1,569,000
1
2
1,055 sqftPREMIUM BIGGEST LAYOUT | INVESTOR DEALTower B, DAMAC Towers by Paramount Hotels and Resorts, Business Bay, Dubai, UAE
AED1,800,000
1
2
938 sqft6.7% Net ROI | Burj Khalifa view| Luxury amenitiesTower B, DAMAC Towers by Paramount Hotels and Resorts, Business Bay, Dubai, UAE
AED1,500,000
1
2
1,055 sqftStunning Skyline View | Investor Deal | Fully Furnished | High FloorTower B, DAMAC Towers by Paramount Hotels and Resorts, Business Bay, Dubai, UAE
AED1,650,000
1
2
938 sqftFully Furnished | Burj View | Top AmenitiesTower B, DAMAC Towers by Paramount Hotels and Resorts, Business Bay, Dubai, UAE
AED1,450,000
1
2
929 sqft03 Series | Lowest Price | Exclusive | FurnishedTower B, DAMAC Towers by Paramount Hotels and Resorts, Business Bay, Dubai, UAE
AED3,500,000
3
3
1,746 sqftBurj View | Above 60th Floor | Hot DealTower B, DAMAC Towers by Paramount Hotels and Resorts, Business Bay, Dubai, UAE
AED2,299,000
2
3
1,515 sqftPREMIUM | BIGGEST LAYOUT | FULLY FURNISHEDTower B, DAMAC Towers by Paramount Hotels and Resorts, Business Bay, Dubai, UAE
AED1,499,000
1
2
1,055 sqftFurnished | Spacious | High floorTower B, DAMAC Towers by Paramount Hotels and Resorts, Business Bay, Dubai, UAE
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Based on searches conducted by users in Bayut.com over the last 12 months. Last updated 5 hours ago
3-bedroom flats offer the highest ROI in Tower B of 7.43%. 1-bed apartments generate about 7.15% return on investment. 2-bedroom flats offer an ROI of about 6.91%.
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NEARBY AMENITIES
Transportation near Paramount Tower B
One can find multiple modes of transportation near Paramount Tower B, Business Bay.
Bus Stations near Paramount Tower B
RBC Tower 2, Bus stop is a 7-minute walk from the residential building. One can find Bus F41 and Bus X22 at this bus stop.
Metro Stations near Paramount Tower B
Business Bay Metro Station is a 10-minute drive away from Paramount Tower B, Business Bay. The station lies on the Red Line of Dubai Metro.
Metro Station in Business Bay
Restaurants near Paramount Tower B
Pacific Groove Restaurant and Lounge within the complex is a casual dining eatery that serves American and Asian cuisines.
Popular restaurants near Paramount Tower B include:
Sizzling Wok
City Fresh Restaurant
Maru Udon Restaurant
There are numerous restaurants near the building, and the closest is Sizzling Wok, an Asian eatery at a 6-minute drive away. Other dining options include City Fresh, an International restaurant and Maru Udon, a Japanese Eatery. Both restaurants are a 10-minute drive from DAMAC Tower B by Paramount.
W Mart Fresh, MQ Minimart and Better 1 Mart are an 8-minute drive from Paramount Tower B.
Schools and Nurseries near Paramount Tower B, Business Bay
Blosoom Nursery
Dubai International School
Clarion School
JSS Private School
Blosoom Nursery is a 8-minute walking distance away from the tower. Jumeirah International Nursery and Canadian Kids Nursery can be found within a 10-minute drive away from Paramount Tower B, Business Bay.
Dubai International School follows the American curriculum (California CCSS and NGSS). The international school is located at an 11-minute drive away from the residential tower.
Clarion School is a co-educational institute that follows the US curriculum. The school can be found at a 12-minuet drive away from Tower B, Business Bay.
JSS Private School is an Indian school that follows the the Central Board of Secondary Education (CBSE). The private school is situated at a 15-minute drive away from the building.
Dubai Opera is a performing arts centre designed by Janus Rostock. It is a 14-minute drive from DAMAC Towers by Paramount Tower B.
The view of Burj Khalifa
Burj Khalifa is the world’s tallest building standing 828m above the ground. The architectural masterpiece is a 15-minute drive away.
The entrance of Dubai Mall
Then there is Dubai Mall, a popular attraction that offers numerous international retail and dining options. The Dubai Mall is a 16-minute drive from Tower B, DAMAC Towers by Paramount.
Things to Consider
Paramount Tower B is a high-rise residential building in Business Bay, a mixed-use neighbourhood in Dubai. While it offers excellent amenities and accommodation, it might not appeal to pet parents.
FAQs
DOES PARAMOUNT TOWER B HAVE FITNESS FACILITIES?
Yes, Paramount Tower B offers state-of-the-art gymnasium.
WHAT ARE THE APARTMENT TYPES IN PARAMOUNT TOWER B?
You will find studio, 1, 2 and 3-bedroom apartment types in Paramount Tower B, Business Bay.
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