Paramount Tower Hotel and Residences · Dubai

Highlights

Realiste rating

3 awards

Building rating ?

B+

handover

Q1-2022

Area from

1000 ft²

price from

2370000 AED

floors

Property type

Apartments

Paramount Tower Hotel and Residences Dubai is a luxury hotel and residential tower perfectly situated on Sheikh Zayed Road. It is not only in the most sublime setting but a great investment for the discerning investor.

The 63-storey tower consists of retail on the ground floor and a hotel along with amenities for residents and guests alike. The project will offer restaurants and lounges, fitness and wellness centre, high-end retail outlets, a rooftop infinity swimming pool with terrace, state-of-the-art spa and more.

You can experience the height of fashionable living. The hotel Floors 15 to 25 present a selection of beautiful hotel rooms that are tailored for comfort
and to inspire creativity. It will comprise a spectacular in-room home theatre and access to a library of Paramount films. It represents the signature of ultimate luxury. The residences

Floors 26 to 63 offer a collection of luxury residences with separate living and dining areas along with the Paramount amenities and service.

Conditions for the unit resale

The minimum amount of
payment for subsequent
resale
30%+4% DLD
The payment plan
Transferable

Non-profit service

Dubai ID*
✔
Bank account*
✔

Furniture

Furnished.

Convenience and security

- Parking
- 24-hour security with video surveillance
- Children’s playground and pool
- Meeting and event space
- Sauna and steam room
- Equipped gym
- Spa and health club
- Barbecue area
- Laundry services
- Nearby retail stores and grocery stores

Availability of greenery and water

Greenery
-
Water
-

Accessibility by car

Burj Khalifa
4 minutes
Sky Views Observatory
7 minutes
Safa Park
8 minutes
Jumeirah Beach
9 minutes
Ras Al Khor Wildlife Sanctuary
10 minutes
Kite Beach
16 minutes
Palm Jumeirah
19 minutes
Dubai International Airport
20 minutes

Realiste AI ratings

Building class

Economy class

364 place of 365 Projects

Price affordability

Not affordable

260 place of 358 Projects

Price compared to area average

Same

121 place of 354 Projects

Developer rating

Reliable

109 place of 330 Projects

Average price sqft

Good price

75 place of 362 Projects

Building attractivenes in area

Very attractive

77 place of 364 Projects

Access to water in area

Medium

66 place of 145 Projects

Access to parks in area

Low access

201 place of 212 Projects

Development level

High developed

77 place of 363 Projects

Forecast for 3 years

Good growth

233 place of 362 Projects

Realiste Choice

Low potential

318 place of 365 Projects

Economy

Middle

Luxury

Building class

Price affordability

Price compared to area average

Developer rating

Average price sqft

Building attractivenes in area

Access to water in area

Access to parks in area

Development level

Forecast for 3 years

Realiste Choice

Building class

364 place of 365

Economy

50%

Luxury

Price affordability

260 place of 358

Not affordable

646 USD/ft²

Very affordable

Location and infrastructure

Highlights of Paramount Tower Hotel and Residences

City: Dubai
Project: Paramount Tower Hotel and Residences
Building class: 50% - Economy
Price affordability: 646 USD/ft² - Not affordable
Price compared to area average: -3.8% - Same
Developer rating: 9 - Reliable
Average price sqft: 672 USD/ft² - Good price
Building attractivenes in area: 0.92 - Very attractive
Access to water in area: 22.3% - Medium
Access to parks in area: 1.4% - Low access
Development level: 66.6% - High developed
Forecast for 3 years: +12.8% - Good
Realiste Choice: 525 - Low potential