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Damac Towers by Paramount Project - Business Bay

  • OnGoing Project
  • Dubai
  • Hotels, Building

The DAMAC Towers by Paramount will be located on Plot Nos. BB.B04008A and BB.B04008B at Business Bay in Dubai. Client has signed a deal with Hollywood studio Paramount Pictures to develop the scheme. It will contain (4 Nos.) 250-metre tall towers linked by a ground floor podium. One of the towers will contain a 540-room hotel - the first to be operated by the client - while the other three will contain up to 1,400 serviced apartments. The complex contains a basement and ground floor with eight podium levels. The multi-level podium will feature theme restaurants, meeting and events facilities, a screening room, fitmess centres, swimming pools, kids club, shops and merchandise, all featuring the Paramount brand or partner brands. Each of the towers will have (56) storeys. Local National Piling Company has completed the piling and excavation work on the project and a tender for the main construction contract has already been issued, with a contractor expected to be appointed during the second quarter of 2013. The building is set to be completed by 2015. It will provide enviable views of the nearby Burj Khalifa.

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