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Apartments for rent in Damac Towers by Paramount

421 properties
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  • 21

    Apartment

    115,000 yearly

    Burj Khalifa View | Furnished | High Floor

    Landsmith Real Estate logo image

    Tower B, Damac Towers by Paramount, Business Bay, Dubai

    1

    2

    Area: 942 ft²

  • 12

    Apartment

    125,000 yearly

    HIGH FLOOR I FURNISHED I SPACIOUS | CREEK VIEW

    Osac Properties L.L.C logo image

    Tower A, Damac Towers by Paramount, Business Bay, Dubai

    2

    3

    Area: 1,517 ft²

  • 20

    Apartment

    170,000 yearly

    Fully Furnished | On A High Floor | Park View

    Coldwell Banker - Swap logo image

    Tower A, Damac Towers by Paramount, Business Bay, Dubai

    2

    2

    Area: 1,387 ft²

  • 14

    Apartment

    170,000 yearly

    Burj Khalifa View|Furnished 3BR|High Floor

    Levelly Real Estate Brokerage logo image

    Tower B, Damac Towers by Paramount, Business Bay, Dubai

    3

    3

    Area: 1,747 ft²

  • 18

    Apartment

    76,000 yearly

    Fully Furnished | Burj Khalifa View | Nearby Metro

    PARAMOUNT HOMES REAL ESTATE L.L.C logo image

    Tower B, Damac Towers by Paramount, Business Bay, Dubai

    1

    2

    Area: 929 ft²

  • 30

    Apartment

    158,999 yearly

    Burj Khalifa View | Luxurious | Business Bay |

    PARAMOUNT HOMES REAL ESTATE L.L.C logo image

    Tower B, Damac Towers by Paramount, Business Bay, Dubai

    3

    3

    Area: 1,962 ft²

  • 15

    Apartment

    139,999 yearly

    High Floor | Furnished 2BR | Prime Location

    Mahel Real Estate logo image

    Tower A, Damac Towers by Paramount, Business Bay, Dubai

    2

    3

    Area: 1,517 ft²

  • 28

    Apartment

    140,000 yearly

    High Floor 3BR | Skyline Views | DAMAC Towers

    Dream Catcher Homes Real Estate logo image

    Tower B, Damac Towers by Paramount, Business Bay, Dubai

    3

    4

    Area: 1,744 ft²

  • 14

    Apartment

    125,000 yearly

    Elegant 2BR with Premium Finishes | Paramount A

    Luxe Maison Real Estate logo image

    Tower A, Damac Towers by Paramount, Business Bay, Dubai

    2

    3

    Area: 1,517 ft²

  • 16

    Apartment

    180,000 yearly

    Fully Furnished | Prime Location | High Floor

    Provident Real Estate logo image

    Damac Towers by Paramount, Business Bay, Dubai

    3

    3

    Area: 1,940 ft²

  • 10

    Apartment

    89,999 yearly

    Vacant | Well-maintained | Spacious | Free Valet

    Driven Properties logo image

    Tower A, Damac Towers by Paramount, Business Bay, Dubai

    1

    2

    Area: 929 ft²

  • 13

    Apartment

    89,995 yearly

    Vacant | Spacious | Free Valet | Maintained Well

    Driven Properties logo image

    Tower D, Damac Towers by Paramount, Business Bay, Dubai

    1

    2

    Area: 939 ft²

  • 13

    Apartment

    100,000 yearly

    Luxury and Bright | Fully Furnished | Corner Unit

    McCone Properties logo image

    Tower A, Damac Towers by Paramount, Business Bay, Dubai

    1

    2

    Area: 1,055 ft²

  • 10

    Apartment

    87,000 yearly

    Vacant 28th July | Spacious | Free Valet

    Driven Properties logo image

    Tower D, Damac Towers by Paramount, Business Bay, Dubai

    1

    2

    Area: 929 ft²

  • 10

    Apartment

    160,000 yearly

    COZY UNIT | BRIGHT LAYOUT | FULLY FURNISHED

    Luxury Homes Real Estate - Dubai logo image

    Tower D, Damac Towers by Paramount, Business Bay, Dubai

    2

    2

    Area: 1,388 ft²

  • 23

    Apartment

    170,000 yearly

    FULLY FURNISHED | GREAT VIEW | COZY UNIT

    Luxury Homes Real Estate - Dubai logo image

    Tower D, Damac Towers by Paramount, Business Bay, Dubai

    2

    2

    Area: 1,517 ft²

  • 7

    Apartment

    119,999 yearly

    Great Price | Fully Furnished | Ready to Move

    OCEAN HILLS REAL ESTATE BROKERAGE L.L.C logo image

    Tower D, Damac Towers by Paramount, Business Bay, Dubai

    1

    2

    Area: 965 ft²

  • 6

    Apartment

    139,999 yearly

    Premium 2 BR | Luxury Living | Prime Location

    Mahel Real Estate logo image

    Tower A, Damac Towers by Paramount, Business Bay, Dubai

    2

    3

    Area: 1,394 ft²

  • 14

    Apartment

    90,000 yearly

    Luxury Furnished | Premium Amenities | Best Deal

    OCEAN EDGE REAL ESTATE L.L.C logo image

    Tower A, Damac Towers by Paramount, Business Bay, Dubai

    1

    2

    Area: 940 ft²

  • 13

    Apartment

    180,000 yearly

    Experience Comfort in This Fully Furnished 3-Bedroom Apartment

    Knightsbridge Properties logo image

    Tower B, Damac Towers by Paramount, Business Bay, Dubai

    3

    3

    Area: 1,747 ft²

  • 11

    Apartment

    94,999 yearly

    Fully Furnished | High Floor | Spacious Layout

    BINARYA PROPERTIES L.L.C logo image

    Tower A, Damac Towers by Paramount, Business Bay, Dubai

    1

    2

    Area: 954 ft²

  • 24

    Apartment

    150,000 yearly

    Fully Furnished 2BR Apartment | Paramount Branded

    SMS Realty logo image

    Tower A, Damac Towers by Paramount, Business Bay, Dubai

    2

    3

    Area: 1,515 ft²

  • 21

    Apartment

    76,000 yearly

    Fully Furnished | Burj Khalifa View | Nearby Metro

    PARAMOUNT HOMES REAL ESTATE L.L.C logo image

    Tower B, Damac Towers by Paramount, Business Bay, Dubai

    1

    2

    Area: 1,055 ft²

  • 11

    Apartment

    84,999 yearly

    Furnished | Premium Finishes | Scenic Open Views

    Think Realty Real Estate logo image

    Tower A, Damac Towers by Paramount, Business Bay, Dubai

    1

    2

    Area: 965 ft²

  • 23

    Apartment

    89,900 yearly

    HOT Deal-Huge Size-Near Dubai Mall-Pool View

    Luxtown Properties logo image

    Tower B, Damac Towers by Paramount, Business Bay, Dubai

    1

    2

    Area: 1,056 ft²

Map
Damac Towers by Paramount
0.0

The average rent here is AED 135.1K/year.

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Price Insights

  • Price range76K - 240K
  • Properties listed423
  • Avg. price135.1K5.5%
  • Avg. price/sqft8.8044.3%
  • Rental yield7.2%
  • Sales value62.9M2.3%
  • Sales volume4663.3%
Business Bay
3.7

The average rent here is AED 135.1K/year.

Learn more

Price Insights

  • Price range41.9K - 4.2M
  • Properties listed9,276
  • Avg. price79.3K1.7%
  • Avg. price/sqft152.925.0%
  • Rental yield7.1%
  • Sales value1.7B9.3%
  • Sales volume15,7507.5%

Price insights for Apartments in Damac Towers by Paramount

Average prices for Apartments for rent in Damac Towers by Paramount

CommunityAverage price (AED/year)
Tower B136,776
Tower D135,434
Tower A132,675

The data displayed is based on Property Finder’s last 12 months’ listing data.

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Your Guide to DAMAC Towers by Paramount Apartments for Rent

DAMAC Towers by Paramount brings Hollywood glamour to Business Bay through four interconnected 55-storey towers. This development offers serviced apartment living with hotel-standard amenities, attracting young professionals and couples who value luxury and a central location. The towers feature a distinctive "California cool" design and sit slightly back from Business Bay's busiest areas, providing a more peaceful environment while maintaining excellent connectivity to Sheikh Zayed Road and Al Khail Road.

If you're searching for DAMAC Paramount apartments for rent, the complex features spacious layouts ranging from 930 to 2,000 sq ft with modern facilities and prime location access.

Market Overview

Properties available for the Damac Paramount rent position themselves at the upper end of Dubai's rental market. This premium pricing reflects the fully furnished nature of most units, extensive amenities, and prime Business Bay location. The Damac Towers by Paramount rent typically exceeds the emirate's average due to the serviced apartment model and Hollywood-inspired interiors.

One-bedroom apartments typically rent for around AED 116,000 annually, while two-bedroom units average AED 171,000, and three-bedroom homes reach approximately AED 213,000 per year. All apartments come equipped with built-in wardrobes, central air conditioning, and fully equipped kitchens. The four towers offer varying orientations, directly impacting rental values based on the views each unit commands.

Average Prices & Sizes of DAMAC Towers by Paramount Business Flats for Rent

DAMAC Paramount Business Bay apartments for rent offer a range of options across three residential towers, with competitive pricing based on unit size and configuration.

  • 1-Bedroom: Median rent AED 116,000 per year, average size 930-1,100 sq ft
  • 2-Bedroom: Median rent AED 171,000 per year, average size 1,400-1,600 sq ft
  • 3-Bedroom: Median rent AED 213,000 per year, average size 1,750-2,000 sq ft

The average annual rent across all apartments is approximately AED 140,000, with units starting from AED 90,000 per year. With over 250 available units currently on the market, prospective tenants have plenty of choices across Towers A, B, and D. 

Location & Amenities

DAMAC Towers by Paramount enjoys a central Business Bay location, offering residents a well-connected, resort-style lifestyle with everyday conveniences, dining, and leisure options close at hand.

Connectivity Highlights

Strategically positioned on Al Khail Street, the development provides smooth access to Dubai’s main road networks and public transport.

  • Roads: Direct links to Sheikh Zayed Road and Al Khail Road for easy commutes to DIFC, Downtown Dubai, and Dubai Marina
  • Landmarks: The Dubai Mall and Burj Khalifa are around 10–12 minutes away by car
  • Metro: Business Bay Metro Station is within a short drive
  • Bus: Business Bay 2 Bus Stop with routes 26, F19A, F41, X22, and F14

Schools

  • Clarion School
  • North London Collegiate School
  • Hartland International School

Nurseries 

  • SGS Nursery
  • First Path Montessori
  • Kids Castle

Malls 

  • Souq Al Muskaan
  • Bay Avenue By Dubai Retail
  • Dubai Mall

Supermarkets 

  • F Mart Supermarket (ground floor)
  • Carrefour Market 
  • J Market 

Dining & Entertainment

Residents enjoy on-site venues located across the podium and hotel tower:

  • JUYI Lounge & Bar
  • Anzeera Restaurant
  • The Stage
  • Malibu Deck

Fitness, Wellness & Community Facilities

  • Fully equipped gymnasiums and multiple swimming pools
  • Luxury spa with sauna and steam rooms
  • Barbecue areas and landscaped communal spaces
  • Private cinema screening room
  • Dedicated children’s play area

Why Rent an Apartment in DAMAC Towers by Paramount?

Hollywood-Themed Serviced Living

DAMAC Towers by Paramount offers a distinctive Hollywood-inspired lifestyle with fully furnished, serviced apartments. Paramount Towers Business Bay apartments for rent suit professionals and expatriates seeking stylish, turnkey homes with hotel-level comfort.

Prime Business Bay Location

Located in Business Bay, the towers provide quick access to DIFC, Downtown Dubai, and Sheikh Zayed Road. The Dubai Mall and Burj Khalifa are just 10–12 minutes away by car, making daily commutes and city outings easy.

Resort-Style Amenities

Residents enjoy swimming pools, modern gyms, spa facilities with sauna and steam rooms, and a private cinema. These facilities support an active, social lifestyle without leaving the development.

Pros & Cons of Renting an Apartment in DAMAC Towers by Paramount

Pros

  • Fully furnished, Hollywood-themed apartments
  • Resort-style amenities (pools, spa, cinema)
  • Central Business Bay location with major road access
  • On-site dining, retail, and hotel-level services

Cons

  • Higher rents than similar units in Dubai
  • Metro requires a short drive or bus ride
  • Peak-hour traffic in Business Bay

FAQs 

Are apartments in DAMAC Towers by Paramount considered affordable or high-end?

DAMAC Tower rent is positioned at the high end, reflecting luxury amenities, fully furnished interiors, prime Business Bay location, and hotel-standard services.

Are the apartments furnished or unfurnished?

Most DAMAC Paramount Business Bay apartments for rent come fully furnished with Hollywood-themed interiors, quality furniture, and equipped kitchens.

Are pets allowed in DAMAC Towers by Paramount?

Pet policies vary by lease. Verify permissions with property management before signing.

What utilities are included in the rent?

Utility inclusions vary. Some Paramount Towers Business Bay flats for rent offer all-inclusive packages; others separate chiller fees. Clarify before signing.