Apartments for rent in DAMAC Towers by Paramount

278 properties
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  • 15

    Apartment

    130,000 AED/year

    Premium 2BR | Skyline View | Prime Location

    Burj Blizz Real Estate logo image

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

    2

    3

    1,345 sqft

  • 15

    Apartment

    125,000 AED/year

    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

  • 11

    Apartment

    85,000 AED/year

    Vaccant | Prime Location | Quality Furnishing

    Maxwell Real Estate logo image

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

    1

    2

    1,055 sqft

  • 29

    Apartment

    159,000 AED/year

    Premium 1BR Furnished | High Floor | Hotel Style

    T R P S VACATION HOMES RENTAL CO. L.L.C logo image

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

    1

    2

    939 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

  • 30

    Apartment

    199,000 AED/year

    Furnished | Burj View | Ready Now

    Paragon Properties logo image

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

    3

    2

    1,744 sqft

  • 18

    Apartment

    84,999 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

    929 sqft

  • 26

    Apartment

    170,000 AED/year

    Fully Furnished | Luxury Amenities | Amazing View

    Provident Real Estate logo image

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

    2

    3

    1,394 sqft

  • 10

    Apartment

    159,000 AED/year

    Furnished 2BR / High Floor / Vacant

    Wealth Key Real Estate logo image

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

    2

    3

    1,516 sqft

  • 14

    Apartment

    128,000 AED/year

    STUNNING 1BR | BURJ VIEW | READY TO MOVE

    Banke International Properties logo image

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

    1

    2

    1,055 sqft

  • 13

    Apartment

    84,995 AED/year

    Experience elevated city living in this stylish

    A B W REAL ESTATE BUYING & SELLING BROKERAGE L.L.C logo image

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

    1

    2

    929 sqft

  • 10

    Apartment

    120,000 AED/year

    Burj Khalifa View | High Floor | Vacant & Ready

    GXLLOYD REAL ESTATE L.L.C logo image

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

    1

    2

    971 sqft

  • 16

    Apartment

    150,000 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

  • 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.
  • 13

    Apartment

    100,000 AED/year

    Vacant | Furnished 1BR Apt | Canal view | Luxury

    CAPITAL ZONE PROPERTIES logo image

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

    1

    2

    942 sqft

  • 22

    Apartment

    150,000 AED/year

    High Floor | Stunning Pool View | Fully Furnished

    C&P REAL ESTATE BROKER logo image

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

    2

    3

    1,515 sqft

  • 13

    Apartment

    105,000 AED/year

    Pool View | Multiple Cheques | Vacant and Ready

    Hamra Properties logo image

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

    1

    2

    1,055 sqft

  • 10

    Apartment

    164,999 AED/year

    Top floor 2BR | Burjkhalifa skyline | Furnished

    Hamra Properties logo image

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

    2

    3

    1,388 sqft

  • 10

    Apartment

    110,000 AED/year

    Stylish 1BR | Fully Furnished | Well Maintained

    Hamra Properties logo image

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

    1

    1

    965 sqft

  • 23

    Apartment

    140,000 AED/year

    Fully Furnished | Spacious Layout | Branded Living

    Kroft logo image

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

    1

    2

    928 sqft

  • 17

    Apartment

    105,000 AED/year

    Branded Luxury Apartment | Prime Location

    Housess Global Real Estate logo image

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

    1

    2

    945 sqft

  • 9

    Apartment

    145,000 AED/year

    Furnished 2BR Damac Paramount for Rent

    Drehomes Real Estate logo image

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

    2

    3

    1,394 sqft

  • 15

    Apartment

    105,000 AED/year

    High Floor | Burj View | Ready to move

    LUXSQUARE REAL ESTATE logo image

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

    1

    2

    929 sqft

  • 16

    Apartment

    155,000 AED/year

    Burj Khalifa View | High floor | Vacant

    Hamra Properties logo image

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

    2

    3

    1,394 sqft

  • 14

    Apartment

    215,000 AED/year

    Top High Floor | 3beds + Maid | Well maintained

    Hamra Properties logo image

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

    3

    4

    2,053 sqft

  • 15

    Apartment

    155,000 AED/year

    2BR | Burj Khalifa View | Well Maintained | Vacant

    Hamra Properties logo image

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

    2

    3

    1,394 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 A144,043
Tower B141,263
Tower D138,397

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.