Apartments for rent in DAMAC Towers by Paramount

238 properties
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  • 10

    Apartment

    150,000 AED/year

    6 Months Rent | Bills Incl | No Ejari | Furnished

    Citrine Signature Real Estate LLC logo image

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

    2

    2

    1,516 sqft

  • 15

    Apartment

    190,000 AED/year

    Furnished | Available Monthly | Flexible Term

    MAVRIX LUXURY PROPERTIES L.L.C logo image

    DAMAC Towers by Paramount, Business Bay, Dubai

    2

    2

    1,415 sqft

  • 9

    Apartment

    100,000 AED/year

    Fully Furnished | Ready to Move In | 1Month Free

    Golden Stone Properties logo image

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

    1

    2

    929 sqft

  • 8

    Apartment

    98,000 AED/year

    Spacious | High Floor | Good Furnishing

    D I O SKY REAL ESTATE BROKERAGE L.L.C logo image

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

    1

    2

    955 sqft

  • 10

    Apartment

    110,000 AED/year

    CANAL | SKYLINE VIEW | FULLY FURNSIHED | SPACIOUS

    VVS Estate logo image

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

    1

    2

    965 sqft

  • 19

    Apartment

    145,000 AED/year

    Large Balcony | Partial Canal View | Available

    ECOLIVING REAL ESTATE L.L.C logo image

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

    2

    2

    1,517 sqft

  • 23

    Apartment

    160,000 AED/year

    Burj Views | High Floor | Fully Furnished

    VIVID LIVING REAL ESTATE L.L.C logo image

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

    2

    3

    1,388 sqft

  • 13

    Apartment

    220,000 AED/year

    Furnished | with Maids Room | Modern

    PROVINCE PROPERTIES logo image

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

    3

    4

    1,744 sqft

  • 12

    Apartment

    120,000 AED/year

    Fully Furnished | Modern Style | Prime Location

    PROVINCE PROPERTIES logo image

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

    1

    2

    929 sqft

  • 30

    Apartment

    120,000 AED/year

    Elegant 1 Bedroom Apartment in DAMAC Paramount

    QUEENS ESTATE VACATION HOMES L.L.C logo image

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

    1

    2

    928 sqft

  • 10

    Apartment

    180,000 AED/year

    Canal View | High Floor | Large Layout

    Pangea Properties logo image

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

    2

    3

    1,388 sqft

  • 30

    Apartment

    240,000 AED/year

    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

    1,962 sqft

  • 30

    Apartment

    230,000 AED/year

    Special Offer 2BR 2BA 64 Floor Apt. Parking

    Art Global Stay Vacation Homes Rental LLC logo image

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

    2

    2

    1,600 sqft

  • Experience upscale urban living with apartments for rent in DAMAC Towers by Paramount, Business Bay. Rental prices are generally affordable across daily, weekly, and yearly terms, with average rates of 740 AED per day, 5,500 AED per week, and 160,000 AED per year. Monthly rents average around 23,000 AED. This will get renters an average of about 1,400 sqft, with a range from 930 to 1,700 sqft. Most apartments come with balconies, built-in wardrobes, walk-in closets, central air conditioning, kitchen appliances, studies, maids’ rooms, and landmark or water views. Shared amenities typically include a gym, pool, spa, children’s play area and pool, barbecue area, concierge services, covered parking, building lobbies, security, and pet-friendly policies. Many apartments are also Vastu compliant. Located along Al Khaleej Al Tejari 2 Street, the complex offers seamless connectivity to the rest of the city. Business Bay Metro Station is just a short drive away, providing convenient access to public transportation. Additionally, the community is well-connected to major roads like Sheikh Zayed Road and Al Khail Road, facilitating easy commutes to Downtown Dubai, DIFC, and beyond. Residents of DAMAC Towers by Paramount enjoy close proximity to Dubai's vibrant hotspots. The nearby Dubai Mall and Burj Khalifa are just moments away, offering world-class shopping, dining, and entertainment options. For those seeking leisure and relaxation, the Dubai Water Canal is a stone's throw away, where one can enjoy scenic walks and breathtaking views of the cityscape. Families residing in the community have access to excellent educational institutions, with schools like JSS Private School and Dubai International School within easy reach.
  • 30

    Apartment

    170,000 AED/year

    Special Offer 1Bedroom. BILLS are included

    Art Global Stay Vacation Homes Rental LLC logo image

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

    1

    1

    1,076 sqft

  • 17

    Apartment

    154,800 AED/year

    Luxurious-5 Stars Amenities-Near Downtown-Huge

    Luxtown Properties logo image

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

    2

    3

    1,394 sqft

  • 22

    Apartment

    94,900 AED/year

    HOT Deal-Huge Size-Near Dubai Mall-High Floor

    Luxtown Properties logo image

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

    1

    2

    955 sqft

  • 14

    Apartment

    200,000 AED/year

    Partial Burj View | High Floor | Fully Furnished

    Deja Vu Real Estate Brokerage logo image

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

    3

    3

    1,747 sqft

  • 12

    Apartment

    119,999 AED/year

    HIGH FLOOR | HUGE SPACIOUS LAYOUT |PRIME LOCATION

    M T S REAL ESTATE L.L.C logo image

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

    1

    2

    1,055 sqft

  • 16

    Apartment

    160,000 AED/year

    Exclusive High-Floor 2BR | Prime Location | Vacant

    CAPITAL ZONE PROPERTIES logo image

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

    2

    3

    1,394 sqft

  • 11

    Apartment

    180,000 AED/year

    High Floor 3BR | Premium Furnished | Skyline Views

    Million Homes Real Estate Broker LLC logo image

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

    3

    4

    1,744 sqft

  • 23

    Apartment

    180,000 AED/year

    Fully Furnished | Pool View | Premium Lifestyle

    ORIENTAL HORIZON PROPERTIES L.L.C logo image

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

    2

    2

    1,632 sqft

  • 28

    Apartment

    160,000 AED/year

    High Floor | Burj Khalifa View | Vacant

    White & Co Real Estate logo image

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

    2

    3

    1,387 sqft

  • 11

    Apartment

    130,000 AED/year

    Burj view| Fully Furnished | High Floor

    fam Properties - Branch 2 logo image

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

    1

    2

    1,055 sqft

  • 21

    Apartment

    219,999 AED/year

    Luxury Living | Ready to Move | 3 Bedroom

    LEADER PROPERTIES FOR LEASING PROPERTY BROKERAGE AGENTS logo image

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

    3

    3

    1,746 sqft

  • 11

    Apartment

    119,999 AED/year

    Premium Furnished | 1 BR | Great Deal

    LEADER PROPERTIES FOR LEASING PROPERTY BROKERAGE AGENTS logo image

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

    1

    2

    1,055 sqft

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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 D140,668
Tower B138,514
Tower A137,720

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

See more price insights

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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.