PTHR – Paramount Tower Hotel and Residences
Paramount Tower Hotel & Residences is a luxury hotel and residences tower in Sheikh Zayed Road, offers sky lobby with views across the Burj area. Accessible within the neighborhood is a multi-purpose area where you can play sports, perfect for your active lifestyle.
PTHR – Paramount Tower Hotel and Residences Overview
| Starting Price | AED 888,888 |
| Area From | 520 Sqft. |
| Bedrooms | Studio 1BR 2BR 3BR |
| Developer Projects | 127 |
| Views | 8k |
| Price Per Sqft from | AED 1,709 |
| Type | Hotel |
| Location | Sheikh Zayed Road |
| Est. Completion | Q1 2021 |
Paramount Tower Hotel and Residences by Damac Properties
Paramount Tower Hotel & Residences is an 826-key luxury hotel and hotel residences tower on Sheikh Zayed Road . The 64-storey project will offer a sky lobby with views across the Burj area, a private Paramount Pictures screening room, a rooftop infinity swimming pool with a terrace and a fitness and wellness center with a state-of-the-art spa.
The hotel
Floors 15 to 25 present a selection of beautiful hotel rooms which not only offer an incredible experience for guests but also provide the opportunity for a very lucrative investment too. Rooms are tailored for comfort and but also to inspire creativity. They feature a spectacular in-room home theatre and access to a library of Paramount films. When the credits roll, the signature bed is the grand finale to your day.
The residences
For those seeking a little more room, with separate living and dining areas as well as numerous bedrooms, floors 26 to 63 offer a collection of luxury residences. Combining the comforts of home with the Paramount amenities and service, if you wish to take that option, they are great investments that are easily let out if you’re away. Whatever your choice of property, whilst in residence, you can experience the height of fashionable living; and when you’re away, you’ll earn impressive rental income.
Location of Paramount Tower Hotel and Residence
Sheikh Zayed Road (The E11) is the main artery of the city. The road was formerly known as Defense Road. The stretch between Trade Centre Roundabout and Interchange 2 is home to many of Dubai’s skyscrapers, both old and new, and this section is recognized as the main residential arm of the highway in the city. Sheikh Zayed Road is quite unique because it’s a leasehold community, whereby a private developer owns each tower, as opposed to freehold communities where different landlords buy from the developer and lease their units out. Sheikh Zayed Road is a convenient place to live as Downtown and the iconic Burj Khalifa are only two minutes away. The accommodation in Sheikh Zayed Road is consisting of 1, 2, and 3 bedrooms apartment with unique amenities and facilities.
Hotel rooms
- Studios of 517 square feet
- Two bedroom hotel rooms from 1,533 – 1,732 square feet
- One bedroom hotel rooms from 746 – 1,251 square feet
Residential apartments available in studios, along with one, two and three bedroom arrangements
- Studio apartments from 521 – 602 square feet
- Two bedroom apartments from 1,200 – 1,570 square feet
- One bedroom apartments from 855 – 1,234 square feet
- Three bedroom apartments from 1,560 – 2,077 square feet
- Temperature-controlled rooftop infinity swimming pool overlooking the Burj area
- Luxury retail outlets including a Paramount Hotels & Resorts’ merchandise store
- Fully equipped gymnasium
- Meetings and events facilities
- Restaurants and lounges
- Screening room modelled after the professional studios at Paramount
- Luxury spa, wellness and fitness centre
- Kids Studio Club
- Stunning views of Sheikh Zayed Road and Burj area
- Access to state-of-the-art facilities
- In close proximity to entertainment, dining and retail outlets
- Fully Furnished and Paramount Branded Units – Studio, 1 Bedroom and 2 Bedroom
- Grand lobby & Ample parking
- Retail outlets
- Kids Studio Club
- Temperature-controlled swimming pool
- Restaurants and lounges
- Wellness and fitness centre & Luxury spa
- Steam room and sauna
- Meetings and events facilities
| Payment Term | Percent/Value | Milestone |
| Down Payment | 10% + 4% DLD Fees | Immediate |
| 1st Installment | 10%AED 88,888.8 | Within 180 Days Of Sale Date |
| 2nd Installment | 10%AED 88,888.8 | Within 360 Days Of Sale Date |
| 3rd Installment | 10%AED 88,888.8 | Within 450 Days Of Sale Date |
| 4th Installment | 10%AED 88,888.8 | Within 540 Days Of Sale Date |
| 5th Installment | 10%AED 88,888.8 | On Completion |
| 6th Installment | 10%AED 88,888.8 | Within 90 Days Of Completion |
| 7th Installment | 10%AED 88,888.8 | Within 180 Days Of Completion |
| 8th Installment | 10%AED 88,888.8 | Within 270 Days Of Completion |
| 9th Installment | 10%AED 88,888.8 | Within 360 Days Of Completion |
| Payment Term | Percent/Value | Milestone |
| Down Payment | 10% + 4% DLD Fees | Immediate |
| 1st Installment | 10%AED 88,888.8 | Within 120 Days Of Sale Date |
| 2nd Installment | 10%AED 88,888.8 | Within 240 Days Of Sale Date |
| 3rd Installment | 20%AED 177,777.6 | Within 360 Days Of Sale Date |
| 4th Installment | 10%AED 88,888.8 | Within 450 Days Of Sale Date |
| 5th Installment | 10%AED 88,888.8 | Within 540 Days Of Sale Date |
| 6th Installment | 10%AED 88,888.8 | Within 630 Days Of Sale Date |
| 7th Installment | 20%AED 177,777.6 | Within 720 Days Of Sale Date |
- PTHR – Paramount Tower Hotel and Residences Brochure
- PTHR – Paramount Tower Hotel and Residences Floor Plan
- PTHR – Paramount Tower Hotel and Residences Availability List
- PTHR – Paramount Tower Hotel and Residences Payment Plan
- Studio Hote for sale in PTHR – Paramount Tower Hotel and Residences by Damac Properties at Sheikh Zayed Road
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3BR Simplex
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Size from - to (Sqft.)520628
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Price from - to (AED)888,8881,070,000
- 3BR Hote for sale in PTHR – Paramount Tower Hotel and Residences by Damac Properties at Sheikh Zayed Road
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5BR Duplex Penthouse
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Sizefrom- to(Sqft.)14781756
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Pricefrom - to(AED)2,499,0002,995,000
- 1BR Hote for sale in PTHR – Paramount Tower Hotel and Residences by Damac Properties at Sheikh Zayed Road
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3BR Double Height Living Area
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Sizefrom- to(Sqft.)8441054
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Pricefrom - to(AED)1,300,0001,620,000
