Apartments for rent in DAMAC Towers by Paramount

230 properties
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  • 11

    Apartment

    180,000 AED/year

    Higher Floor | Fully Furnished | A Must See

    Eloquent Properties LLC logo image

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

    2

    3

    1,516 sqft

  • 11

    Apartment

    120,000 AED/year

    High Floor | Fully Furnished | Burj View

    White & Co Real Estate logo image

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

    1

    2

    936 sqft

  • 27

    Apartment

    130,000 AED/year

    Ready | Furnished |Close to Downtown Dubai | Damac

    Gold Coast Real Estate logo image

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

    1

    2

    950 sqft

  • 8

    Apartment

    110,000 AED/year

    Burj Khalifa View | Fully Furnished | Call Now

    K D K REAL ESTATE L.L.C logo image

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

    1

    2

    928 sqft

  • 15

    Apartment

    160,000 AED/year

    Spacious | Luxurious | Fully Furnished

    D&B Properties logo image

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

    2

    3

    1,388 sqft

  • 15

    Apartment

    190,000 AED/year

    Fully Furnished | Stunning 3 BR | High Floor

    Seven Century Real Estate logo image

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

    3

    3

    1,746 sqft

  • 11

    Apartment

    180,000 AED/year

    Creek View | Vacant | Furnished 2BHK

    TRPE Real Estate logo image

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

    2

    3

    1,387 sqft

  • 16

    Apartment

    110,000 AED/year

    Spacious Layout | Corner Unit | Pool View

    SPICA REAL ESTATE BUYING & SELLING BROKERAG L.L.C logo image

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

    1

    1

    1,055 sqft

  • 17

    Apartment

    210,000 AED/year

    Biggest Layout + Maidsroom| High Floor

    SPICA REAL ESTATE BUYING & SELLING BROKERAG L.L.C logo image

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

    3

    3

    2,062 sqft

  • 7

    Apartment

    119,999 AED/year

    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

    965 sqft

  • 21

    Apartment

    150,000 AED/year

    Multiple Units | Resort Living | No Traffic

    SPICA REAL ESTATE BUYING & SELLING BROKERAG L.L.C logo image

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

    2

    2

    1,394 sqft

  • 14

    Apartment

    120,000 AED/year

    1BR | FULLY FUNRISHED | SPACIOUS | READY TO MOVE

    Premium

    Banke International Properties logo image

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

    1

    2

    965 sqft

  • 21

    Apartment

    160,000 AED/year

    Multiple Units | Resort Living | Burj Khalifa View

    SPICA REAL ESTATE BUYING & SELLING BROKERAG L.L.C logo image

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

    2

    2

    1,514 sqft

  • Experience upscale urban living with apartments for rent in DAMAC Towers by Paramount, Business Bay. Daily rental prices start at 550 AED, averaging around 760 AED, making them an affordable choice compared to the national average of 3,000 AED. Weekly rents begin at 3,000 AED, with an average of 5,600 AED, while monthly rates start at 11,000 AED and typically reach 23,000 AED. Yearly rents begin at 75,000 AED, averaging approximately 159,000 AED. This Hollywood-inspired residential complex offers a range of one- to three-bedroom apartments, with sizes from 930 to 1,700 sqft and an average of 1,400 sqft. Most units include balconies, built-in wardrobes, walk-in closets, central air conditioning, kitchen appliances, studies, maid’s rooms, and landmark or water views. Shared amenities typically feature a gym, swimming pool, spa, children’s play area and pool, barbecue areas, 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, DAMAC Towers offers seamless connectivity via Business Bay Metro Station and major roads like Sheikh Zayed Road and Al Khail Road. Residents enjoy proximity to Dubai Mall, Burj Khalifa, and Dubai Water Canal, while schools such as JSS Private School and Dubai International School are also nearby.
  • 15

    Apartment

    170,000 AED/year

    Multiple Options | Spacious Layout | High Floor

    SPICA REAL ESTATE BUYING & SELLING BROKERAG L.L.C logo image

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

    3

    2

    1,746 sqft

  • 9

    Apartment

    114,998 AED/year

    Bigger Space | Bright Furnished | Ready to Move

    Delicate Real Estate logo image

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

    1

    1

    941 sqft

  • 14

    Apartment

    100,000 AED/year

    Well Maintained | Multiple Options Hollywood Style

    SPICA REAL ESTATE BUYING & SELLING BROKERAG L.L.C logo image

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

    1

    1

    928 sqft

  • 10

    Apartment

    210,000 AED/year

    Burj View | Furnished | Large Layout

    McCone Properties logo image

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

    2

    3

    1,517 sqft

  • 10

    Apartment

    159,999 AED/year

    EXCLUSIVE SKYLINE HIGH-FLOOR RESIDENCE BY DAMAC

    Royal Place Real Estate logo image

    DAMAC Towers by Paramount, Business Bay, Dubai

    2

    2

    1,388 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

  • 23

    Apartment

    94,000 AED/year

    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

    1,055 sqft

  • 9

    Apartment

    150,000 AED/year

    Modern 2 BR in Tower D - Covered Parking & Pool Access

    EANWANK REAL ESTATE L.L.C logo image

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

    2

    3

    1,269 sqft

  • 8

    Apartment

    110,000 AED/year

    Big Layout I Furnished I Elegant

    EANWANK REAL ESTATE L.L.C logo image

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

    1

    2

    945 sqft

  • 26

    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

  • 18

    Apartment

    120,000 AED/year

    Fully furnished | High floor | Big layout

    Domstar Real Estate Brokerage logo image

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

    1

    2

    1,055 sqft

  • 14

    Apartment

    110,000 AED/year

    Mid Floor Residence | Premium Amenities

    Paragon Properties logo image

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

    1

    2

    949 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 B47,376

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.