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Paramount Tower C, Business BayReady

Paramount Tower C, Business Bay

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HIGHLIGHTS

About Paramount Tower C, Business Bay

Paramount Tower 3 is a part of the four-tower complex called DAMAC Towers by Paramount Hotels & Resorts Dubai. This tower is also known as DAMAC Tower C. All the towers in the complex are connected to each other via a podium. The complex is located in the heart of Burj Area and consists of luxury suites in three towers while residential units in the fourth tower.

Paramount Tower 3 features studios, 1, 2 and 3-bedroom units plus 7-bedroom hotel suites which cover the entire floor. It offers various amenities to its residents including a temperature-controlled swimming pool, sauna, Jacuzzi, kids play area, a community centre and fitness experts for the guidance of residents in the complex.

Business Bay is the most popular commercial district of Dubai. This specific area is also known as Burj Khalifa district and is located next to Downtown Dubai. The community features various residential and commercial buildings plus world class restaurants and retail outlets. The community is also located quite close to the Dubai Canal and Jumeirah Beach. Apartments for rent in Business Bay are a smart investment because the area has both commercial and residential buildings nearby.

In a Nutshell

  • Type of Building: Residential
  • Location: Business Bay
  • Developer: DAMAC Properties
  • Date of completion: 2019
  • Number of floors: 66
  • Unit type: Studio, 1, 2 and 3-bedroom apartments and 7-bedroom hotel suites
  • Type of ownership: Freehold
  • Amenities: Swimming pool, valet parking, gymnasium, kids play area
business

BUILDING DETAILS

Facilities in Paramount Tower C, Business Bay

Parking

There is a dedicated area for parking in Paramount Tower 3. Valet parking services are also offered in the complex.

Elevators

There are multiple high-speed elevators in Paramount Tower 3.

Security, Central Air-Conditioning and Maintenance Services 

Paramount Tower 3 offers round-the-clock security and maintenance services. The district cooling supplier is Empower and CCTV surveillance is carried out in the building day and night for security purposes.

Event Space

The tower has meeting rooms, a community centre and business centres where official events can be held.

Gym and Fitness Facilities 

Fitness facilities in the tower include a gym in Paramount Tower 3 which features modern equipment that includes trainers and yoga teachers as well. The tower also has a temperature controlled swimming pool with changing rooms. There are steam rooms and a sauna rooms in the tower too.

Lifestyle Amenities

Lifestyle amenities in the tower include a kids playing area along with a kids’ studio club. The complex also has screening rooms and the cinema is equipped relaxing chairs along with food and beverage services that are offered. There is a cigar lounge in the complex as well along with a dedicated retail area that has modern boutiques, bars and restaurants.

The hotel apartments also offer babysitting services, spa services, house-keeping services and even private services of chefs.

Concierge and Guest Services 

A dedicated concierge team offers services round-the-clock. There is a lavish lobby which facilitates guests and visitors. There is parking for guests outside the tower on the street as well.

Pet-friendly

Paramount Tower 3 is fortunately a pet-friendly building.

Safety Features

Paramount Tower 3 has high-tech smoke alarms and fire suppression systems installed throughout the complex. All the units in the building have key card access system for added security.

Hotel Rooms in Paramount Tower C, Business Bay

Serviced hotel rooms in Paramount Tower 3 come in different sizes and configurations. These units at maximum, can cover up the whole floor that is spread over an area of around 9,012 sq. ft. The apartments include seven bedrooms and seven bathrooms offering beautiful views of the surrounding area.

Hotel apartments in Paramount Tower C include a fully-fitted kitchen with big cabinets and built-in wardrobes in the bedrooms. These serviced apartments offer all the basic hotel facilities provided along with valet parking.

Apartment Types in Paramount Tower C, Business Bay

The tower houses luxurious hotel serviced apartments which include studios, 1, 2 and 3-bedroom apartment types. All apartments are fully-fitted and well-furnished and offer house-keeping services.

Studio Apartments in Paramount Tower C, Business Bay

Studio units in the tower cover an area of around 514 sq. ft. Each of these units are spacious with a bathroom that has a fitted bathtub. Studios have floor-to-ceiling glass windows that offer beautiful views of the community.

1-Bedroom Apartments in Paramount Tower C, Business Bay

1-bedroom units in Paramount Tower 3 cover an area ranging from 918 sq. ft. to 1,055 sq. ft. These units include one bedroom with an attached bathroom. The unit includes a spacious living area, a kitchen that has modern equipment and fitted cupboards, a powder room, a balcony and a laundry room as well.

2-Bedroom Apartments in Paramount Tower C, Business Bay

2-bedroom apartments range over an area starting from 1,388 sq. ft. to 1,517 sq. ft. All of these units are highly spacious and feature master bedrooms with attached bathrooms and a powder room near the living area. These units come with fully-fitted kitchen, a laundry room and a separate storeroom as well.

3-Bedroom Apartments in Paramount Tower C, Business Bay 

3-bedroom apartments cover an area of about 1,700 sq. ft. These units are fully furnished and come with three bedrooms with their attached bathrooms. There is a powder room, an equipped kitchen, a storeroom and a laundry room in each of these units. The units also come with expansive balconies that offer beautiful views of the community.

Studio
1-Bed
2-Bed
0%20%40%60%80%100%
Based on searches conducted by users in Bayut.com over the last 12 months. Last updated 12 hours ago

According to Bayut, studio apartments in Tower C enjoy the highest popularity. They are followed by 1-bed apartments in the second spot. 2-bedroom flats take up the third position on the list.

Sales Trends in Paramount Tower C, Business Bay

Information for average price is currently not available on Tower C.

Damac Paramount Hotels
AED749daily
beds
Studio
baths
1
area
505 sqft
Damac Paramount HotelsTower C, DAMAC Towers by Paramount Hotels and Resorts, Business Bay, Dubai, UAE
infoLook for listings with the TruCheck™ badge as those have been validated by the Bayut team.
Apartment TypeAverage Sales Price in AED
Studio1,054,500
1-Bed2,314,000
2-Bed3,367,000
Based on property listings on Bayut.com over the last 12 months. Last updated 12 hours ago
CANAL FACING STUDIO | HOTEL APARTMENT
AED800,000
beds
Studio
baths
1
area
476 sqft
CANAL FACING STUDIO | HOTEL APARTMENTTower C, DAMAC Towers by Paramount Hotels and Resorts, Business Bay, Dubai, UAE
Luxury 1 BR Hotel Unit | 100% ROI | Prime Location
AED2,000,000
beds
1
baths
2
area
1,058 sqft
Luxury 1 BR Hotel Unit | 100% ROI | Prime LocationTower C, DAMAC Towers by Paramount Hotels and Resorts, Business Bay, Dubai, UAE
FURNISHED | ELEGANT STUDIO | INVESTOR DEAL | 6%ROI
AED1,350,000
beds
Studio
baths
1
area
620 sqft
FURNISHED | ELEGANT STUDIO | INVESTOR DEAL | 6%ROITower C, DAMAC Towers by Paramount Hotels and Resorts, Business Bay, Dubai, UAE
Full Burj Khalifa View | Hotel Apartment
AED2,399,999
beds
1
baths
2
area
1,065 sqft
Full Burj Khalifa View | Hotel ApartmentTower C, DAMAC Towers by Paramount Hotels and Resorts, Business Bay, Dubai, UAE
PRIME LOCATION | FULLY FURNISHED | HOTEL APARTMENT
AED1,200,000
beds
Studio
baths
1
area
473 sqft
PRIME LOCATION | FULLY FURNISHED | HOTEL APARTMENTTower C, DAMAC Towers by Paramount Hotels and Resorts, Business Bay, Dubai, UAE
HIGH ROI | VACANT | FURNISHED | HIGH FLOOR
AED800,000
beds
Studio
baths
1
area
488 sqft
HIGH ROI | VACANT | FURNISHED | HIGH FLOORTower C, DAMAC Towers by Paramount Hotels and Resorts, Business Bay, Dubai, UAE
STUNNING STUDIO | VACANT | HIGH FLOOR
AED750,000
beds
Studio
baths
1
area
481 sqft
STUNNING STUDIO | VACANT | HIGH FLOORTower C, DAMAC Towers by Paramount Hotels and Resorts, Business Bay, Dubai, UAE
Hotel Room | Furnished | Investment Only
AED1,100,000
beds
Studio
baths
1
area
476 sqft
Hotel Room | Furnished | Investment OnlyTower C, DAMAC Towers by Paramount Hotels and Resorts, Business Bay, Dubai, UAE
Amazing Canal View | Furnished | Investment Deal
AED750,000
beds
Studio
baths
1
area
486 sqft
Amazing Canal View | Furnished | Investment DealTower C, DAMAC Towers by Paramount Hotels and Resorts, Business Bay, Dubai, UAE
Amazing Hotel Studio | Guaranteed ROI | High Floor
AED1,000,000
beds
Studio
baths
1
area
492 sqft
Amazing Hotel Studio | Guaranteed ROI | High FloorTower C, DAMAC Towers by Paramount Hotels and Resorts, Business Bay, Dubai, UAE
FURNISHED| STUDIO BY DAMAC | INVESTOR DEAL | 6%ROI
AED1,150,000
beds
Studio
baths
1
area
483 sqft
FURNISHED| STUDIO BY DAMAC | INVESTOR DEAL | 6%ROITower C, DAMAC Towers by Paramount Hotels and Resorts, Business Bay, Dubai, UAE
High ROI | Fully Furnished l Amazing View
AED2,250,000
beds
1
baths
2
area
1,065 sqft
High ROI | Fully Furnished l Amazing ViewTower C, DAMAC Towers by Paramount Hotels and Resorts, Business Bay, Dubai, UAE
Fully Furnished Spacious Studio for Best Price | Investor Deal | Prime Location
AED789,999
beds
Studio
baths
1
area
488 sqft
Fully Furnished Spacious Studio for Best Price | Investor Deal | Prime LocationTower C, DAMAC Towers by Paramount Hotels and Resorts, Business Bay, Dubai, UAE
Luxury Studio | High Floor | Panoramic View
AED1,150,000
beds
Studio
baths
1
area
492 sqft
Luxury Studio | High Floor | Panoramic ViewTower C, DAMAC Towers by Paramount Hotels and Resorts, Business Bay, Dubai, UAE
Hotel Apartment | High Floor | Luxurious Living
AED1,100,000
beds
Studio
baths
1
area
483 sqft
Hotel Apartment | High Floor | Luxurious LivingTower C, DAMAC Towers by Paramount Hotels and Resorts, Business Bay, Dubai, UAE
infoLook for listings with the TruCheck™ badge as those have been validated by the Bayut team.
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Rental Yield in Paramount Tower C, Business Bay

Information for rental yield is currently not available on Tower C.

Dubai Transactions
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NEARBY AMENITIES

Transportation near Paramount Tower C, Business Bay

Transportation options near the residence include bus and metro service.

Bus Stations near Paramount Tower C, Business Bay

There are several bus stops near the tower that can be reached within 5 minutes easily. Canal Views Hotel Apartments 1 Bus Stop and Clayton Residency 2 Bus Stop are located 4 minutes away. RBC Tower Bus Stop can also be reached easily within 5 minutes by car easily.

Metro Stations near Paramount Tower C, Business Bay

The nearest metro station is the Financial Centre Metro Station located at a distance of around 11 minutes. Business Bay Metro Station can be reached within 13 minutes long with World Trade Centre Metro Station. Burj Khalifa Metro Station is situated at a drive of around 14 minutes by car from the tower.

For more options when it comes to traveling by metro, you can go through the Dubai metro guide.

Restaurants near Paramount Tower C, Business Bay 

Some important restaurants near Paramount Tower C, Business Bay, Dubai are:

  • Lakeside Spice
  • Khubz & Meleh
  • Ke7aan
  • P.F. Chang’s
  • The Cheesecake Factory

For Italian and Indian cuisine you can head over to Lakeside Spice at a drive of only 4 minutes. For authentic Middle Eastern and Arabian flavors, you can opt for Khubz & Meleh and Ke7aan that can both be reached within 9 minutes. P.F. Chang’s is at a distance of 11 minutes from the location and is a famous eatery for offering Chinese cuisine.

The Cheesecake Factory is at a drive of 10 minutes from the location and is a famous chain for offering high-quality cheesecakes. Their menu includes 50 different items.

Fine-dining restaurants near Paramount Tower C include:

  • Armani Amal
  • Thiptara
  • Ewaan

At a drive of only 7 minutes, you can reach Armani Amal which is an Indian fine dining restaurant that offers quality dishes with the perfect ambiance. An Arabian fine dining restaurant called Ewaan is easily accessible within 14 minutes. You can also reach Thipatra within 15 minutes by car. It is a Thai restaurant that offers various types of curries and wine of high quality.

Supermarkets near Paramount Tower C, Business Bay

Supermarkets near Paramount Tower C, Business Bay, Dubai are:

  • Choithrams
  • Carrefour Market
  • Spinneys Supermarket
  • W Mart Fresh

For everyday grocery and even household items, residents can head over to Carrefour within an 8-minute drive. Choithrams is located at a drive of 10 minutes. Spinneys Supermarket can also be reached within 9 minutes. W Mart Fresh is at a drive of 14 minutes by car from the tower.

Nearby Buildings

  • Kempinski Residencies – residential building
  • Majestic Tower – residential
  • Nobles Residential Tower – residential building
  • RBC Tower – residential building

Other than the Paramount Hotel, as well as the two additional towers that make up the complex, there are other residential buildings nearby. At a 2-minute walk is the Nobles Residential Tower, whereas Kempinski Residencies is 4 minutes away on foot. At a 3-minute drive is another residential building called RBC Tower.

Major Landmarks near Paramount Tower C, Business Bay

Nearby landmarks near Paramount Tower C, Dubai include:

  • Dubai Mall
  • Burj Khalifa
  • Dubai Fountain
Dubai Mall located near Paramount Tower C
Dubai Mall located near Paramount Tower C

The famous Dubai Mall is located only 7 minutes away from the tower. It is known to be the largest shopping mall that also features an ice rink and an aquarium as well.

The famous Burj Khalifa near the tower
The famous Burj Khalifa near the tower

Burj Khalifa can be reached within 8 minutes from the tower. It is a world famous skyscraper that has been declared as the world’s tallest building in the world in the past. This skyscraper features Dubai Mall and the famous Dubai Fountain at its base and tons of world class restaurants.

Zabeel Park near Paramount Tower C
Zabeel Park near Paramount Tower C

Zabeel Park is can be reached within 11 minutes from the tower. It is known as the first ever technology driven park that covers a humungous area of around 47.5 hectares. It is a home to over 300 palm trees and 14 different species of plants. The park also features a cinema, a golf course, boat riding for kids, and ice skating area as well so there is plenty of things to do in Zabeel Park. The park has dedicated area for organising barbecue parties and also offers Wi-Fi to visitors.

Things to Consider

While living in Paramount Tower C, Business Bay comes with its various perks. Residents who rely on trams should consider the fact that there may be issues in reaching the stations easily due to the distance.

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