Updated: March 06, 2013, 12:00 AM
In pictures: Damac's blockbuster Dubai development with Paramount
DAMAC Properties, the UAE’s leading luxury property developer, is pleased to announce that it will partner with Paramount Hotels and Resorts in the construction of US$ 1 Billion DAMAC Towers by Paramount, a development of four buildings, in Burj Khalifa area of downtown Dubai. The project comprises a 540 key Paramount Hotel & Residences and more than 1,400 units of DAMAC Maison. Rendering courtesy DAMAC Properties
Damac said that the Paramount hotel and serviced apartments would be located in the so-called Mixed Tower and would be managed by Paramount Hotels & Resorts. The remaining three towers would comprise Paramount co-branded serviced apartments which will be ???
The new property project will have a multi-level plaza which would house themed restaurants, shops, meeting and events facilities, a screening room, a sports centre, swimming pools, a kids club, all featuring the Paramount brand or select partner brands. ???
The Damac Towers by Paramount project of four identical 250-metres high towers will overlook Burj Khalifa and will include more than 1,400 Damac serviced apartments as well as the first 540 Paramount-branded hotel and serviced residences. Courtesy of Dama???