DAMAC Paramount Hotel & Residences
| DAMAC Paramount Hotel & Residences | |
|---|---|
| General information | |
| Status | Under construction |
| Construction started | 2013 |
| Estimated completion | 2016 |
| Opening | 2016 |
| Height | |
| Antenna spire | 270 m (886 ft) |
| Roof | 258 m (846 ft) |
| Technical details | |
| Floor count | 68 |
| Design and construction | |
| Developer | DAMAC Properties Group |
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.
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.
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