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Apartments for rent in Damac Towers by Paramount

417 properties
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  • 13

    Apartment

    100,000 yearly

    Pay  8,813 monthly

    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

  • 17

    Apartment

    88,000 yearly

    Fully Furnished | High Floor | Large Layout

    Rise Homes Real Estate logo image

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

    1

    2

    Area: 942 ft²

  • 10

    Apartment

    78,000 yearly

    Modern 1 BR | Fully Furnished | Vacant Now

    Hamra Properties logo image

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

    1

    2

    Area: 956 ft²

  • 19

    Apartment

    128,000 yearly

    Luxury 2BR | High Floor | Fully Furnished | Vacant

    Hamra Properties logo image

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

    2

    3

    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

  • 22

    Apartment

    110,000 yearly

    Comfort Lifestyle | Designe Furnished |Lofty Views

    Discovery Homes logo image

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

    2

    3

    Area: 1,394 ft²

  • 17

    Apartment

    159,999 yearly

    Fully Furnished | High Floor | 3 Bedroom + Maids

    EQUITY REAL ESTATES L.L.C logo image

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

    3

    3

    Area: 1,945 ft²

  • 17

    Apartment

    100,000 yearly

    Burj Khalifa View | Modern Layout | Furnished

    GREEN LANE REAL ESTATE BROKERAGE logo image

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

    1

    2

    Area: 929 ft²

  • 13

    Apartment

    115,000 yearly

    Burj View I High Floor I Furnished

    Elan Real Estate - Meydan logo image

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

    1

    2

    Area: 942 ft²

  • 13

    Apartment

    170,000 yearly

    HIGH FLOOR | FULLY FRUNISHED | SEA AND CITY VIEW

    luxe homes Dubai logo image

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

    3

    3

    Area: 1,744 ft²

  • 26

    Apartment

    149,999 yearly

    2 BHK l Fully Furnished l Creek View

    SKY DIPLOMAT REAL ESTATE L.L.C logo image

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

    2

    3

    Area: 1,394 ft²

  • 15

    Apartment

    124,900 yearly

    ELEGANT CITY | PREMIUM RESIDENCE | MODERN LUXURY

    7 STATES REAL ESTATE logo image

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

    2

    3

    Area: 1,484 ft²

  • 20

    Apartment

    105,000 yearly

    Modern Living I 1BR I Furnished

    Luxury Experts Real Estate logo image

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

    1

    1

    Area: 939 ft²

  • 8

    Apartment

    89,900 yearly

    HIGH FLOOR | FURNISHED | CITY VIEW

    7 STATES REAL ESTATE logo image

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

    1

    2

    Area: 1,055 ft²

  • 17

    Apartment

    99,000 yearly

    Branded Luxury Apartment | Prime Location

    Housess Global Real Estate logo image

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

    1

    2

    Area: 945 ft²

  • 13

    Apartment

    200,000 yearly

    Fully Furnished | High Floor | Vacant

    CASA HARMONY REAL ESTATE logo image

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

    3

    3

    Area: 1,744 ft²

  • 12

    Apartment

    180,000 yearly

    Vacant | 3 bedrooms | Paramount | Midfloor

    Dacha Real Estate logo image

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

    3

    3

    Area: 1,746 ft²

  • 7

    Apartment

    125,000 yearly

    Elegantly Furnished| High Floor |Burj Khalifa View

    Idigov Real Estate logo image

    Damac Towers by Paramount, Business Bay, Dubai

    1

    2

    Area: 1,056 ft²

  • 13

    Apartment

    125,000 yearly

    Brand New | Open For 12 Cheques | Fully Furnished

    Unique Zone Real Estate logo image

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

    2

    3

    Area: 1,515 ft²

  • 8

    Apartment

    80,000 yearly

    1BR | Vacant | Ready to Move | Fully Furnished

    Aria Star Real Estate logo image

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

    1

    2

    Area: 942 ft²

  • 18

    Apartment

    89,000 yearly

    Large Layout | Burj View | Fully Furnished

    MAVRIX LUXURY PROPERTIES logo image

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

    1

    2

    Area: 945 ft²

  • 30

    Apartment

    179,999 yearly

    Burj Khalifa View | Furnished 3BR | 5-Star Living

    APEX CAPITAL REAL ESTATE LLC logo image

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

    3

    3

    Area: 1,747 ft²

  • 13

    Apartment

    87,000 yearly

    FULLY FURNISHED | VACANT | HIGH FLOOR

    Dacha Real Estate logo image

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

    1

    2

    Area: 929 ft²

  • 13

    Apartment

    170,000 yearly

    Furnished | Hotel Resort Lifestyle | Great Views

    Direct Properties logo image

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

    2

    2

    Area: 1,514 ft²

  • 18

    Apartment

    85,000 yearly

    High Floor - Burj Khalifa & Canal View -

    Live Dubai International Real Estate Brokers logo image

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

    1

    2

    Area: 928 ft²

Map
Damac Towers by Paramount
0.0

The average rent here is AED 134.2K/year.

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Price Insights

  • Price range74.4K - 240K
  • Properties listed417
  • Avg. price134.2K6.7%
  • Avg. price/sqft8.735.5%
  • Rental yield7.2%
  • Sales value59M8.8%
  • Sales volume4402.2%
Business Bay
4.0

The average rent here is AED 134.2K/year.

Learn more

Price Insights

  • Price range42K - 4.2M
  • Properties listed9,407
  • Avg. price76.9K0.2%
  • Avg. price/sqft149.344.3%
  • Rental yield7.0%
  • Sales value1.6B3.6%
  • Sales volume15,2023.3%

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 D135,994
Tower B135,035
Tower A131,358

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.