Paramount Tower Hotel & Residences Guide Contents
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Paramount Tower Hotel & Residences

Mixed-use building, Business Bay, Dubai
Paramount Tower Hotel & Residences Key Information
Location type
Mixed-use building
Phase
Under development
Floors
66
Building type
Skyscraper
Total units
826
Companies Associated with Paramount Tower Hotel & Residences
Developer
  • Paramount Tower Hotel & Residences is a 66-storey mixed-use building under development in Business Bay, Dubai.
  • The development will contain an estimated 826 units.
  • The project was launched in September 2014.
  • The estimated handover date was Q3 2019.
  • Construction began in 2015.
  • The project is being developed by Namaa Properties Development LLC.
  • The design contract was awarded to LACASA Architects & Engineering Consultants.
  • The project is located on plot 3460124.
  • Amenities will include a fitness centre, a lounge area, a luxury spa, a temperature-controlled swimming pool, events venues, gymnasiums, meeting rooms and restaurants.
  • From Paramount Tower Hotel & Residences it takes roughly seven minutes to drive to Dubai Mall, 21 minutes to Palm Jumeirah, 19 minutes to Burj Al Arab and 24 minutes to The Walk JBR.
  • Dubai International Airport (DXB) is roughly 15 minutes' drive and the new Al Maktoum International Airport is roughly 46 minutes' drive. All durations are calculated by Google Maps and assume the fastest route in typical traffic conditions.
  • The building will have a sky lobby, a private Paramount Pictures screening room and a rooftop infinity swimming pool.

  • The hotel residences are located on the 36th to 64th floors.

  • The studio apartments measure from 521 to 602 square feet; the one-beds from 855 to 1,234 square feet; the two-beds from 1,200 to 1,570 square feet; and the three-beds from 1,560 to 2,077 square feet.

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Paramount Tower Hotel & Residences Milestones
Date Launched
September 2014
Estimated Handover Date
Q3 2019
Construction Started
2015
Proximity to landmarks
The Walk JBR
24 mins drive
Dubai Mall
7 mins drive
Burj Al Arab
19 mins drive
La Mer
15 mins drive
Palm Jumeirah
21 mins drive
Mall of the Emirates
16 mins drive
Dubai International Airport
15 mins drive
Al Maktoum International Airport
46 mins drive
Ibn Battuta Mall
25 mins drive

Construction Updates

Paramount Tower Hotel & Residences Construction Progress

Pre-construction
2016
May
Piling underway
2017
Sep
Foundation complete
Main structure
2017
Sep
In early stages
2018
Feb
In early stages
2019
May
Roughly 75% complete
Dec
In the late stages
2020
Jul
Topped out
Facade
2019
May
Roughly 25% complete
Dec
Roughly 50% complete
2020
Jul
Roughly 75% complete
MEP & interior fit-out
2020
Jul
Underway

MEP = Mechanical, Electrical and Plumbing.

The dates above refer to when we monitored the site and not the exact date that construction reached a particular stage.

Please note that our progress updates are visual estimations only and should not be confused with official progress reports issued by the government regulator.

We do our best to keep the data accurate. If you notice any mistakes on the page or have additional information you can notify us here:

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