Status Under construction Antenna spire 270 m (886 ft) Developer DAMAC Properties Group Construction started 2013 Floor count 68 | Opening 2016 Roof 258 m (846 ft) Opened 2016 Estimated completion 2016 | |
Similar Escan Tower, Duja Tower, Pier 8, The Bay Gate, Al Hekma Tower | ||
DAMAC Paramount Hotel & Residences is a 68-storey, 270-metre-tall (886 ft) residential and hotel tower under construction in Downtown Dubai, United Arab Emirates. The tower is a part of a complex, DAMAC Towers by Paramount, being built in Down Town, Dubai.
DAMAC Towers Complex
The complex was launched by Paramount Hotels & Resorts partnered with DAMAC Properties on March 12, 2013. The Damac Towers project is Paramount Hotels & Resorts first venture into the hotel and real estate industry. Once completed, the whole complex will cost around US$1 billion.
The four towers will have a connecting multi-level plaza with themed restaurants and bars, events facilities, a screening room, fitness centers, swimming pools, kids club and retail zone based on Paramount-branded products. One tower will feature the Paramount Hotel and Residences while the other three will house the DAMAC Maison–Paramount co-branded serviced residences.