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Paramount Tower

Hotel & Residences

Luxury hotel and residences in

a prime location on Sheikh Zayed Road

OVERVIEW

Paramount Tower Hotel & Residences Dubai is a luxury hotel and residential tower on Sheikh Zayad Road. The project will offer a sky lobby with views across the Burj area, a private Paramount Pictures screening room, a rooftop infinity swimming pool with terrace and fitness and wellness centre, in addition to s state -of-the-art spa.

Construction work on Paramount Tower Hotel & Residences in already underway, with completion
scheduled for Q3 2019.

THE HOTEL

Floors 15 present a selection of beautiful hotel rooms which not only offer an incredible
experience for guests but also provide the opportunity for a very lucrative investment too.

Facilities

- Grand lobby

- Ample parking

- Two and three bedroom apartments

- Two exclusive penthouses

- Restaurants and lounges

- Retail outlets

- Wellness and fitness centre

- Steam room and sauna

- Kids Studio Club

- Luxury spa

- Meetings and events facilities

- Temperature-controlled swimming pool

- 2 state-of-the-art gymnasiums

paramount-house

Highlights

7% gross rental guarantee per annum for 3 years OR 4-year payment plan*

28 nights free stay per year for 3 years*

6 return tickets over 3 years*

21% guaranteed returns

Superb views of Sheikh Zayed Road and the Burj area

Meetings and events facilities

Payment terms

For studios (1 year post completion)

Instalment Milestone Payment (%)
Deposit Immediate 10% + 4% RERA registration fees
1st Instalment Within 120 days 10%
2nd Instalment Within 300 days 10%
3rd Instalment Within 450 days 10%
4th Instalment Within 570 days 10%
5th Instalment On completion 10%
6th Instalment Within 90 days from completion 10%
7th Instalment Within 180 days from completion 10%
8th Instalment Within 270 days from completion 10%
9th Instalment Within 360 days from completion 10%

4-year payment plan

Instalment Milestone Payment (%)
Year 1 Deposit 10% + 4% RERA
registration fees
After 6 months of sale date 5%
After 12 months of sale date 10%
Year 2 After 18 months of sale date 10%
After 24 months of sale date 15%
Year 3 After 30 months of sale date 10%
After 36 months of sale date 15%
Year 4 After 42 months of sale date 10%
After 48 months of sale date 15%

For 1BR and 2BR units (2 years post completion)

Instalment Milestone Payment (%)
Deposit Immediate 10% + 4% RERA registration fees
1st Instalment Within 120 days 10%
2nd Instalment Within 300 days 10%
3rd Instalment Within 450 days 10%
4th Instalment Within 570 days 10%
5th Instalment On completion 10%
6th Instalment Within 90 days from completion 5%
7th Instalment Within 180 days from completion 5%
8th Instalment Within 270 days from completion 5%
9th Instalment Within 360 days from completion 5%
10th Instalment Within 450 days from completion 5%
11th Instalment Within 540 days from completion 5%
12th Instalment Within 630 days from completion 5%
13th Instalment Within 720 days from completion 5%