DAMAC_Towers_by_Paramount_Hotels_&_Resorts
DAMAC Towers by Paramount Hotels & Resorts
Building
DAMAC Towers by Paramount Hotels & Resorts Dubai is a complex of four skyscrapers located in Business Bay, Dubai. The complex was first announced in 2016 and will be completed in 2020.[1] Each of the four buildings will be 270 metres (890 ft) tall with 68 stories each.[2][3]
The complex was launched by Paramount Hotels & Resorts partnered with DAMAC Properties on 12 March 2013. The Damac Towers project is Paramount Hotels & Resorts first venture into the hotel and real estate industry. Once completed, the whole complex will cost around US$1 billion.[4]
A multi-level plaza linking the four buildings will contain themed bars and restaurants, event spaces, a screening room, fitness centres, swimming pools, a kids club, and a shop area with Paramount-branded goods. One tower will feature the Paramount Hotel and Residences while the other three will house the DAMAC Maison–Paramount co-branded serviced residences.[5]