Apartments for rent in Damac Towers by Paramount

346 properties
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  • 22

    Apartment

    185,000 yearly

    Sky-High Living | Grand Layout | Luxury Lifestyle

    Hamptons International - Primary 2 logo image

    Damac Towers by Paramount, Business Bay, Dubai

    3

    3

    1,743 sqft

  • 10

    Apartment

    150,000 yearly

    Upgraded 2BR | Burj Khalifa View | Big Balcony

    MOTI ASSOCIATES PROPERTIES L.L.C logo image

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

    2

    3

    1,632 sqft

  • 18

    Apartment

    230,000 yearly

    Luxurious Apt with Mesmerizing Burj View

    Driven Properties logo image

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

    3

    4

    1,746 sqft

  • 10

    Apartment

    94,880 yearly

    Best Layout | Walk in Wardrobe | Vacant Now

    Driven Properties logo image

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

    1

    2

    929 sqft

  • 18

    Apartment

    130,000 yearly

    Brand New | Vacant | Furnished | Never Rented

    Huaxia Real Estate logo image

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

    2

    3

    1,394 sqft

  • 28

    Apartment

    138,000 yearly

    Furnished 1BR l Panoramic Skyline l High Floor

    UNDER ONE ROOF REAL ESTATE L.L.C logo image

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

    1

    2

    1,055 sqft

  • 10

    Apartment

    165,000 yearly

    High floor | Fully Furnished | Large Layout

    haus & haus logo image

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

    2

    2

    1,517 sqft

  • 11

    Apartment

    160,000 yearly

    Stylish 2-Bedroom | Prime Location | Paramount

    Positive Plus Real Estate logo image

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

    2

    3

    1,644 sqft

  • 17

    Apartment

    200,000 yearly

    Luxury 3 Bedroom | Paramount Tower B - Hight Floor

    Dream Catcher Homes Real Estate logo image

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

    3

    4

    2,044 sqft

  • 9

    Apartment

    175,000 yearly

    Luxury 2 Bedroom | Paramount Tower B - Hight Floor

    Dream Catcher Homes Real Estate logo image

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

    2

    3

    1,517 sqft

  • 12

    Apartment

    139,900 yearly

    Exclusive | Modern + Furnished 2BR | Pool View

    HOUZON REAL ESTATE BROKER L.L.C logo image

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

    2

    3

    1,515 sqft

  • 22

    Apartment

    84,999 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

    1,055 sqft

  • 25

    Apartment

    165,000 yearly

    Premium Finishing |Prime Location |Spacious Layout

    Spot Light Real Estate Broker logo image

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

    3

    3

    1,747 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.
  • 10

    Apartment

    100,000 yearly

    Elegant 1BR | Premium Amenities | Business Bay

    K M S PROPERTIES L.L.C logo image

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

    1

    2

    965 sqft

  • 7

    Apartment

    100,000 yearly

    Luxury Furnished| 1BR | Skyline View

    K M S PROPERTIES L.L.C logo image

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

    1

    2

    1,055 sqft

  • 10

    Apartment

    85,000 yearly

    Luxury Living | Prime Location | Best Deal |Vacant

    Spot Light Real Estate Broker logo image

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

    1

    2

    942 sqft

  • 21

    Apartment

    149,850 yearly

    High Floor | Fully Furnished | Vacant

    Intrust Real Estate LLC logo image

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

    2

    3

    1,514 sqft

  • 17

    Apartment

    109,999 yearly

    Spacious Layout | Burj View | Premium Amenities

    KEY ELEMENT REAL ESTATE BROKERAGE L.L.C S.O.C logo image

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

    1

    2

    1,055 sqft

  • 30

    Apartment

    190,000 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

    1,746 sqft

  • 22

    Apartment

    95,000 yearly

    Furnished | Great Condition | Huge Balcony

    Premium

    Allsopp & Allsopp - Motor City Lettings logo image

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

    1

    2

    929 sqft

  • 12

    Apartment

    130,000 yearly

    High Floor | Burj Khalifa View | 2 BHK Furnished

    Hamra Properties logo image

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

    2

    3

    1,394 sqft

  • 8

    Apartment

    120,000 yearly

    Burj View | Large Layout | High Floor

    haus & haus logo image

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

    1

    2

    1,055 sqft

  • 10

    Apartment

    80,000 yearly

    Paramount Tower 1 Bedroom Apt, Business Bay

    Keys Please Holiday Homes Rental logo image

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

    1

    1

    940 sqft

  • 15

    Apartment

    105,000 yearly

    Community View | High Floor | Fully Furnished

    MY HOME CLICK REAL ESTATE L.L.C logo image

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

    1

    2

    1,055 sqft

  • 17

    Apartment

    109,999 yearly

    Spacious Layout | Burj View | Premium Amenities

    KEY ELEMENT REAL ESTATE BROKERAGE L.L.C S.O.C logo image

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

    1

    2

    1,055 sqft

Map

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 A139,480
Tower B138,490
Tower D137,209

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.