Paramount Tower B, Business Bay

Paramount Tower B is a 68-storey residential building in Business Bay, Dubai. The building offers studio, 1, 2 and 3-bedroom apartments. It is part of DAMAC Towers by Paramount Hotel & Resort, a four-tower complex by DAMAC Properties. The residential building is connected to a multi-level plaza on the podium level.

Paramount Tower B offers a gym, swimming pool and kids’ play area.

Business Bay is a mixed-use district in Dubai. Set alongside the Dubai Canal, it neighbours the city’s major areas, including Downtown Dubai. Located close to Sheikh Zayed Road, it offers residents and visitors easy access to the rest of the city.

• Type of Building: Residential 
• Location: Business Bay
• Number of Floors: 68
• Unit Types: studio, 1, 2 and 3-bedroom apartments
• Developer: DAMAC Properties
• Amenities: gym, swimming pool and kids’ play area

Residents get covered parking in the Paramount Tower B.

High-speed elevators in Paramount Tower B provide quick access to all floors.

Paramount Tower B has a 24/7 CCTV video monitoring system and trained security staff. The building also offers daily maintenance services with the payment of yearly charges.

There is a fully equipped gymnasium in Paramount Tower B.

Lifestyle amenities at Paramount Tower B include a residents’ lounge area, jacuzzi, steam room and barbeque area.

The building has a waiting area and offers 24/7 desk services.

Bayut has worked on creating a simple format for 2D and 3D floor plans on the website. Residents and investors can find the unit type and bed type by browsing the Paramount Tower B floor plans.

Paramount Tower B features studio,1, 2 and 3-bedroom apartments.

Studio apartments in Paramount Tower B come with a spacious living area, a kitchen, a bathroom and a balcony. They cover an average area of 475 sq. ft.

1-bedroom apartments in Paramount Tower B feature an ensuite bedroom, a living/dining area, a kitchen, a powder room and a balcony. They cover an average area of 917 sq. ft. to 1,050 sq. ft.

2-bedroom apartments in Paramount Tower B feature two bathrooms, a living/dining area, a kitchen and a balcony. They cover an area of 1,388 sq. ft. to 1,516 sq. ft.

3-bedroom apartments in Paramount Tower B feature four bathrooms, a living/dining area, a kitchen and a balcony. They cover an average area of 1,747 sq. ft.

The project is along Business Bay, connecting residents and office-going individuals to the rest of the city. Those relying on Dubai’s public transportation near Paramount Tower B can find taxis, buses and the metro.

RBC Tower bus stop is a 5-minute drive from the building. One can board buses F41 and X22 at this stop.

Burj Khalifa/ Dubai Mall Metro Station, on the Red line of Dubai Metro, is a 12-minute drive from the building.

Restaurants near Paramount Tower B are:

• My Square
• BASTA!
• Acai and Co.

The aforementioned restaurants are within a 6-minute drive and offer local and international cuisines. Acai and Co. is counted among the best restaurants in Business Bay.

Supermarkets near the Paramount Tower B are:

• West Zone Fresh Supermarket
• Choithrams
• Carrefour

The aforementioned supermarkets are located within a 5-minute drive and are counted among the best supermarkets in Dubai.

• Blossom Nursery
• Dubai International Private School (DIPS)

The Business Bay branch of Blossom Nursery is located at a 10-minute drive. It follows the Early Years Foundation Stage (EYFS) framework.

Dubai International Private School (DIPS) offers the US Common Core Curriculum from Kindergarten to Grade 12. It is within a 13-minute drive from the Paramount Tower B, Dubai.

• Nobles Residential Tower
• SLS Dubai Hotel & Residence 
• La Maison Residential Tower

These towers are located within a 4-minute drive from the building in Business Bay.

There are so many fun things to do and places to visit in Business Bay. Nearby landmarks include:

• Dubai Mall
• Dubai Fountain
• Museum of the Future

Dubai Mall in Business Bay is one of the best shopping destinations in Dubai. The mall features several flagship stores and high-fashion brands. Besides, there are several dining spots and entertainment spaces. It is located at a 10-minute drive from the building.

Dubai Fountain is set on the Burj Lake beside Dubai Mall and Burj Khalifa. It features choreographed water shows with music and lights. It’s one of Dubai’s top attractions and only a 14-minute drive from the building.

Museum of the Future is one of Dubai’s top tourist attractions, showcasing the latest in AI and futuristic technology. It also hosts workshops, science conferences and prototype testing for innovative inventions. It is located at a 15-minute drive from the building.

Paramount Tower B is perfectly situated for those living in Business Bay, offering a prime location and modern amenities. However, being mainly a commercial and residential district, the traffic situation in Business Bay can be challenging, especially during peak hours.

Paramount Tower B is located on Business Bay, Dubai.

Paramount Tower B features studio, 1, 2 and 3-bedroom apartments.

Yes, Emirates Hospital Clinics is located at a 13-minute drive from the building.

Yes, it is considered a good investment given its prime location. Check out TruEstimate for more insights.