Paramount Tower Hotel & Residences
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About
— about this propertyParamount Tower Hotel & Residences is a 66-storey mixed hotel and residential skyscraper in Business Bay, Dubai. Floors 26 to 63 contain high-end residential units with Paramount-branded services and amenities.
- Type
- Apartment
- Area
- Business Bay
- Community
- Business Bay
- Community guide estimate
- AED 55k–160k/yr
- Listed amenities
- 4
- Photos
- 4
- Coordinates
- Mapped
- On Lived since
- May 2026
Features
— amenities & featuresReviews
— 0 reviewsPublished resident reviews · Verified badges identify tenancy verification
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Frequently asked
— about Paramount Tower Hotel & ResidencesIs Paramount Tower Hotel & Residences a good place to rent in Business Bay?
Community guide context for Business Bay: 1-bedrooms in Business Bay run AED 75,000–140,000/year in 2026. Studios from AED 55,000. District cooling is standard — add AED 5,000–12,000/year. Maintenance response times are a common complaint in reviews. These are area estimates, not verified asking prices for Paramount Tower Hotel & Residences. For unit-by-unit experience at Paramount Tower Hotel & Residences specifically, read published resident reviews on Lived once tenants start sharing reports.
What does the Business Bay community guide estimate for rent near Paramount Tower Hotel & Residences?
Community guide estimate for Business Bay: Studios start around AED 55,000/year, 1-bedrooms range from AED 75,000–140,000, and 2-bedrooms from AED 110,000–200,000 in 2026. District cooling typically adds AED 5,000–12,000/year on top of rent. This is area guidance, not a verified asking price for Paramount Tower Hotel & Residences.
Is Business Bay a good place to live?
For professionals working in central Dubai, yes — the RTA Metro extension improved connectivity significantly. The area is still maturing: new cafes and restaurants open regularly, but some blocks lack walkable amenities. Check the specific tower's Lived reviews.
Paramount Tower Hotel & Residences: How is parking in Business Bay?
Most towers include one allocated parking space. Visitor parking is limited and paid. If you have two cars, confirm the second parking situation before signing — some buildings charge AED 300–500/month for additional spaces.