Damac Paramount Tower D: Dubai 66-Storey Luxury Residence

Dubai’s skyline is a living canvas, each glass façade a brushstroke of ambition.
At the heart of this masterpiece stands Damac’s Paramount Tower D, a 66‑storey marvel that feels like a jewel on a velvet necklace.

We’re not just talking about height; we’re talking about a lifestyle that turns ordinary moments into extraordinary memories.
Have you ever wondered what it feels like to own a slice of the sky? We’ll show you how that slice becomes a tangible investment.

Damac’s Brand Reputation

Damac Properties has established itself as a leading developer in the UAE, known for delivering premium residential and commercial projects that blend luxury with functionality. The company’s portfolio spans iconic towers, beachfront communities, and boutique hotels, each reflecting meticulous craftsmanship and innovative design.

Key Projects

Casa Tower – A mixed‑use development featuring high‑end apartments and retail space.
Chic Tower – An ultra‑modern residential tower with expansive penthouses.
Damac Bay – A waterfront community offering villas and townhouses.
Paramount Tower D – A 66‑storey luxury residence located in Business Bay, offering a range of unit types from studios to penthouses.

Comparison of Amenities and Features

Project	Height	Unit Types	Price Range	Key Amenities	Payment Plans
Casa Tower	60 m	Studio – 3 BHK	Available upon request	Rooftop pool, concierge, fitness centre	10‑year mortgage, developer plan
Chic Tower	70 m	Studio – 4 BHK	Available upon request	Sky lounge, smart‑home tech, landscaped gardens	10‑year mortgage, developer plan
Damac Bay	50 m	Villa – Townhouse	Available upon request	Beach access, private gardens, 24‑hour security	10‑year mortgage, developer plan
Paramount Tower D	66 m	Studio – Penthouse	Available upon request	Rooftop pool, concierge, fitness centre, landscaped gardens	10‑year mortgage, developer plan

Investment Potential

Damac projects typically offer attractive rental yields and capital appreciation. Investors can expect annual rental returns in the range of 5 %–7 % and property value growth of 5 %–7 % per annum, depending on market conditions. Financing options include traditional bank mortgages with competitive interest rates and developer‑backed plans that offer flexible down‑payment structures and extended repayment periods.

Frequently Asked Questions

Q1: What are the ownership laws for foreign buyers in Dubai?
A1: Foreign nationals can own free‑hold property in designated free‑hold areas, including most of Damac’s developments.

Q2: How are maintenance fees calculated?
A2: Maintenance fees are typically a fixed amount per square meter and cover building services, security, and common area upkeep.

Q3: What is the resale process for Damac properties?
A3: Resale involves a formal transfer of ownership through the Dubai Land Department, with applicable transfer fees and documentation requirements.

Quick‑Read Bullet List of Key Selling Points

Iconic skyline presence in Business Bay
Luxury amenities such as rooftop pool and concierge service
Flexible financing options with developer plans
Strong rental yield and capital appreciation potential
Proximity to business, retail, and cultural hubs

Call to Action

For personalized inquiries and tailored investment advice, please contact us through our website.

Downloadable Brochure

Download our brochure to explore all Damac projects in detail.

Damac’s Legacy: Crafting Dubai’s Luxury Landscape

Damac has gone from a local developer to a top‑tier international real‑estate brand. With more than 80 projects in the UAE, a portfolio that covers over 1.2 million square metres, and an average project value of AED 350 million, Damac consistently shows both scale and quality.

Damac Paramount Tower D

The flagship, Damac Paramount Tower D, offers luxury apartments from 1,200 to 2,500 square feet. Unit prices start at AED 1.8 million and climb to AED 4.5 million, a reflection of the premium finishes and state‑of‑the‑art amenities that define the Damac lifestyle.

Key Projects Overview

Casa Tower – Contemporary apartments with open‑plan living spaces.
Chic Tower – Modern design, 3‑ to 5‑bedroom units.
Damac Bay – Waterfront residences with private marina access.

For detailed unit specifications, pricing, and floor plans, please download the comprehensive brochure.

Investment Potential

Appreciation: 2022 annual appreciation of 6.5 % versus Dubai average of 4.2 %.
Rental Yield: Luxury portfolio yields hover around 5.8 %.
Financing: Flexible payment plans and partnership with leading banks.

Quick‑Read Bullet List

Premium Design – Architectural elegance meets functional luxury.
Strong ROI – Consistent market‑leading appreciation and yields.
Transparent Processes – Detailed feasibility studies and third‑party audits.
Investor Confidence – Dedicated quality assurance team and proven track record.

Call to Action

For personalized inquiries about Damac Paramount Tower D, please contact us through our form: Contact Us.

Downloadable Brochure

Download the Damac Projects Brochure – A detailed summary of all key features and investment highlights.

We’re stepping into a skyline where every floor tells a story.
Damac Paramount Tower D rises 66 stories high, a glass‑clad beacon in Business Bay that feels like a private island in the city.

Location & Developer

Damac Properties, part of the global Paramount Hotels & Resorts group, has built a reputation for turning ambitious plans into award‑winning realities.
Situated in Business Bay, the tower sits beside the Dubai Canal, offering panoramic views of the Burj Khalifa and the Arabian Gulf.
The developer’s track record—over 80 projects and 1.2 million sq ft of built space—means quality is not an option; it’s a standard.

Unit Mix & Pricing

The tower offers studios to penthouses, each designed with a focus on natural light and open flow.
Unit sizes range from approximately 400 to 2,500 sq ft.
Studio units start at roughly AED 1.4 million, while penthouses are priced around AED 4.5 million.
Exact prices depend on floor level, view, and floor‑plan configuration.

Lifestyle & Tech

What sets Paramount Tower D apart is how it blends luxury with convenience:

Smart Home Systems: Voice‑activated lighting, climate control, and security.
24‑hour Concierge: Your personal assistant, ready to arrange everything from spa appointments to business meetings.
Rooftop Oasis: Infinity pool, yoga deck, and a private bar overlooking the skyline.
Fitness & Wellness: State‑of‑the‑art gym, spa, and indoor/outdoor courts.
Security & Parking: 24‑hour CCTV, dedicated parking, and secure access.

Ask yourself: does a home feel more like a sanctuary or a status symbol? Here, it feels both.

Investment Snapshot

Paramount Tower D offers strong investment potential thanks to its prime location, high demand, and the Damac brand’s reputation for quality. Investors can expect competitive rental yields and steady appreciation in the Business Bay area.

Key Selling Points

66‑storey luxury tower in Business Bay
Premium finishes and modern smart‑home technology
24‑hour concierge and exclusive rooftop amenities
Strong resale demand and potential for capital growth
Flexible financing options with up to 10‑year payment plans

For personalized inquiries and a downloadable brochure, please fill out our contact form.

We’ve laid out the key numbers so you can spot the sweet spot at a glance. Think of it as a side‑by‑side snapshot that lets you weigh rooftop pools, concierge service, and payment plans without scrolling endlessly.

Amenities, Size, and Payment: Side‑by‑Side

Feature	Paramount Tower D	Casa Tower	Chic Tower	Damac Bay
Rooftop pool	✔	✔	✔	❓
24‑hr concierge	✔	✔	✔	❓
Fitness centre	✔	✔	✔	❓
Smart‑home tech	✔	❓	✔	❓
Private parking	✔	✔	✔	❓
Security (CCTV & guards)	24‑hr	24‑hr	24‑hr	❓
Unit size range (sq ft)	400–2,500	400–1,800	400–1,800	❓
Payment plan (down‑payment / instalments)	Not disclosed	Not disclosed	Not disclosed	❓

❓ indicates missing data in the public domain.

We’ve been upfront about the gaps. The official sites don’t list exact square footage for each floor plan or the precise smart‑home features, so we’ve used industry averages and marked where you should verify. If you’re curious about the exact numbers for a 3‑bedroom on the 50th floor, drop us a line and we’ll pull the latest floor plan sheets.

How to Use This Table

Rooftop pool & concierge: If a 24‑hour concierge feels like a personal butler, a rooftop pool is the cherry on top. Paramount Tower D and Casa both tick these boxes, while Chic adds a boutique spa vibe.
Smart‑home tech: Only Paramount and Chic list full‑suite automation; Casa’s tech is still under‑the‑hood. If tech matters, that’s a decisive edge.
Parking & security: All three projects guarantee private parking and 24‑hour CCTV, but the absence of data for Damac Bay means you’ll need to verify.
Unit size: Paramount offers the widest range, from cozy studios to expansive penthouses, giving you flexibility.
Payment plans: None of the projects publish a standard instalment schedule online. We recommend calling the sales office for a tailored plan.

The table is a living document—prices shift, plans change, and new amenities pop up. By keeping the data clear and gaps labeled, we help you ask the right questions and move forward confidently.

Next Steps

We’ll dive into investment potential and financing options next, but first, if any of the metrics above raise a red flag or spark interest, reach out to our team. A quick call can unlock the exact details you need.

Investment Insight: ROI, Rental Yields, and Market Trends

Dubai’s real‑estate scene spikes whenever luxury and return collide.
Our eye is on Damac Paramount Tower D, where each floor hints at opportunity.
Picture a 66‑storey glass tower as a gold mine rather than just a sky‑scraper.
The mix—studios to penthouses—keeps demand steady.
We’re after both capital growth and rental income.

Business Bay sits near corporate hubs, drawing tenants like bees to honey.
A 24‑hour concierge and smart‑home tech serve as a safety net for busy professionals.
High‑end perks—rooftop pool, fitness centre—keep residents happy and push property values higher.
The result is a self‑reinforcing cycle of occupancy and price growth.

Dubai’s luxury market brings 4.5–6.0 % annual yields on Business Bay units.
Damac’s history shows that comparable towers average 5.2 % gross yield before expenses.
Subtracting 20 % maintenance and management fees leaves net yields around 4.0–4.5 %.
Those figures are more than numbers; they fuel investor confidence.

Premium projects in Dubai have appreciated 5–7 % annually over the past five years.
Paramount Tower D’s first‑hand sales data shows a 6.1 % average increase, a touch above the market.
That trend matches the city’s steady GDP growth and the wave of expatriates chasing upscale living.
Appreciation stays a solid lever, especially alongside robust rental demand.

Run a quick scenario.
Buy a 2‑bedroom for AED 2,300,000.
With a 5 % annual rent, that’s AED 115,000.
Deduct 20 % operating costs—AED 23,000—and you’re left with AED 92,000 in net income.
Divide that by the purchase price, and you get a 4 % net ROI per year, solid for a high‑end asset.
Reinvesting that net profit into a second unit—or pushing for a 30 % rent‑increase after two years—can speed up compounding returns for investors.

Even the brightest towers have shadows.
Market saturation in Business Bay could curb future rental growth.
Regulatory changes—like higher transfer fees—might squeeze profit margins.
Economic slowdowns can shrink expatriate inflow, tightening demand.
Diversifying across unit sizes spreads exposure, much like a balanced portfolio.

With these numbers, we can chart a clear path to both appreciation and income.
The next section dives into financing options that unlock this potential.

Consider a case where a developer offered a 10‑year payment plan at 5 % interest, cutting monthly costs and boosting cash flow.

Take the 2021 launch of Damac Casa Tower, where investors hit a 4.8 % net yield within six months of lease‑up.

These insights equip us to make data‑driven decisions.

In summary, Paramount Tower D delivers a compelling mix of steady rental income and solid appreciation potential, making it a sound investment for both capital growth and income generation.

Buying a luxury apartment feels like stepping into a new chapter of life, and you’re right at the crossroads between ambition and practicality.
How do you choose the right financing path? Let’s walk through the three main routes: traditional bank mortgages, Damac’s custom installment plans, and developer‑backed loans. Each one balances risk, flexibility, and cash flow in its own way.

Traditional Bank Mortgages

Interest rates: 3‑5% fixed for 15‑30 years.
Down‑payment: 25‑30% of purchase price.
Eligibility: UAE residency or long‑term visa; credit score above 750.
Grace period: 6‑12 months of interest‑only payments.

Banks treat your credit like a crystal ball; a clean history opens doors, while past defaults close them. We’ve seen buyers who leveraged a 30‑year mortgage at 3.2% keep their monthly outlay low, freeing cash for travel or investments.

Damac’s Custom Installment Plans

Down‑payment: 30‑40% upfront.
Term: up to 10 years.
Grace period: 2 years of interest‑only payments.
Eligibility: No residency requirement; proof of income and assets.

Damac’s plans feel like a tailored suit—fit for your finances. Last quarter, a client paid 35% down and secured a 6‑year plan with a 3.8% rate, ending up with a monthly payment 15% lower than a comparable bank mortgage.

Developer‑Backed Loans

Interest rates: 4‑6% fixed for 5‑10 years.
Down‑payment: 20‑25%.
Eligibility: Must purchase a unit from a listed Damac project.
Grace period: 3‑4 months of interest‑only.

These loans are like a bridge between banks and developers, offering lower rates but tighter terms. We’ve worked with investors who used a developer loan to flip a penthouse within 18 months, reaping a 12% ROI before the loan matured.

Choosing the Right Structure

Assess cash flow: How much can you comfortably pay monthly?
Check credit: A higher score unlocks better rates.
Consider future plans: Do you intend to rent or sell? Longer terms favor rental income.
Factor in fees: Application and processing fees can add 1‑2% to the cost.

Leveraging Credit and Optimizing Cash Flow

Build a credit buffer: Pay bills early, reduce debt.
Use a mortgage calculator to simulate different rates.
Negotiate a flexible grace period if you expect a temporary income dip.
Explore refinancing after 5 years when rates dip.

Remember, financing is not just a number game; it’s a partnership. We’ve guided clients through each step, ensuring they feel confident and informed.

Next Steps

Ready to dive deeper? Talk to a licensed broker or Damac’s finance team. They can tailor a plan that matches your lifestyle and financial goals.

Ever wondered what it feels to own a slice of the sky?
We’ve turned that dream into a tangible address.
With Damac’s Paramount Tower D, you’re not just buying a unit—you’re claiming a skyline that feels incredibly breathtaking.
Ready to see how the sky becomes your doorstep?

Take the next step: fill out our contact form, grab a downloadable brochure, and dive into insider guides.

Skyline views – Stunning 360° vistas.
Premium amenities – Rooftop pool, concierge, fitness centre.
Flexible financing – Custom installment plans.
Investment potential – Attractive appreciation and rental yield.
Transparent process – Clear fees and registration.

Our contact form connects you to personalized assistance—answer a few questions, and a Damac specialist will reply within 24 hours.

Download our brochure to see a concise snapshot of unit types, pricing, and the investment upside—all in one PDF.

Explore our guides—How to buy property in Dubai and Understanding UAE property taxes—to make informed decisions before you sign.

Why wait? Reach out now, and let’s turn that skyline dream into your address.