DAMAC Real Estate has launched Paramount Residence Project at the Paramount Tower Hotel and Residences in Sheikh Zayed Street in Dubai.
The project comprises from 826 hospitality and residential units scattered around 64 floors.
The project provides a number of recreational facilities for its residents including a private cinema from Paramount Pictures, a rooftop swimming pool, spa, fitness gym, and terrace overlooking the city center.
The project is scheduled to be completed by the end of the third quarter in 2019. As for the properties prices the project implied that prices will start from 1800 dirhams for square foot.
It’s worth mentioning that the value of projects related to DAMAC Real Estate and still under construction inside and outside U.A.E is about 75 billion dirhams.