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Damac Towers By Paramount Podium, Business Bay
Highlights
Damac Towers By Paramount Podium at a glance
About Damac Towers By Paramount Podium
Damac Towers By Paramount Podium is a commercial building in Business Bay, Dubai, developed by DAMAC. It holds about 19 units: commercial units.
The building was completed in 2018 and has been in use for about 8 years. Few units have changed hands recently, so prices here are set by a small number of sales.
Damac Towers By Paramount Podium is one of 257 buildings in Business Bay: 149 are complete and 61 are still being built.
In a nutshell
- A commercial ready building
- Located in Business Bay, Dubai
- Developed by DAMAC
- Completed in Q4 2018
- Unit types: Commercial
- Sizes from 120 to 15,460 sq ft
- Service charge from AED 20.63 per sq ft
- Burj Khalifa/Dubai Mall metro station 2.8 km away
- Status
- Ready
- Developer
- DAMAC
- Location
- Business Bay, Dubai
- Completed
- Q4 2018
- Unit types
- Commercial
- Prices from
- AED 14.9M
- Service charge
- AED 20.63 per sq ft (2026)
- Nearest metro
- District 1 near High Speed Rail line, 1.4 km
Building details
Inside Damac Towers By Paramount Podium
Properties in Damac Towers By Paramount Podium
Commercial units in Damac Towers By Paramount Podium
There are about 19 of these in Damac Towers By Paramount Podium, from 120 to 15,460 sq ft. None has sold recently enough to quote a price.
| Unit type | Units | Size | Median price | Median rent |
|---|---|---|---|---|
| Commercial | 19 | 120 sqft11.1 sqmt – 15,460 sqft1,436.3 sqmt | No recent sales | – |
Service charges in Damac Towers By Paramount Podium
The 2026 service charge in Damac Towers By Paramount Podium is AED 20.63 per sq ft for commercial units, AED 20.63 per sq ft for offices, AED 26.41 per sq ft for shops. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department. Each parking space adds about AED 2,121 a year.
| Unit type | Rate per sq ft | Size | Yearly charge |
|---|---|---|---|
| Commercial (2026) | AED 20.63 | 120 sqft11.1 sqmt – 15,460 sqft1,436.3 sqmt | AED 2,476 – AED 318,940 |
| Offices (2026) | AED 20.63 | 120 sqft11.1 sqmt – 15,460 sqft1,436.3 sqmt | AED 2,476 – AED 318,940 |
| Retail (2026) | AED 26.41 | 120 sqft11.1 sqmt – 15,460 sqft1,436.3 sqmt | AED 3,169 – AED 408,299 |
Source: Dubai Land Department service charge index. Rates are reviewed each year.
Nearby amenities
Around Damac Towers By Paramount Podium
Transportation near Damac Towers By Paramount Podium
The nearest Dubai Metro station from Damac Towers By Paramount Podium is Burj Khalifa/Dubai Mall (red line, 2.8 km, about 8 min drive), then Business Bay (red line, 3.2 km, about 8 min drive). Stations planned on new lines nearby include District 1 near High Speed Rail line (golden line, 1.4 km, about 5 min drive) and Burj Khalifa Road (golden line, 2.1 km, about 6 min drive). Most residents will drive or take a taxi to the metro.
- District 1 near High Speed Rail lineGolden line · 1.4 km · about 5 min drive
- Burj Khalifa RoadGolden line · 2.1 km · about 6 min drive
- District 1Golden line · 2.7 km · about 7 min drive
- Burj Khalifa/Dubai MallRed line · 2.8 km · about 8 min drive
- Business Bay InterchangeGolden line · 3.2 km · about 8 min drive
- Business BayRed line · 3.2 km · about 8 min drive
Shopping and groceries near Damac Towers By Paramount Podium
The closest is Spinneys / south bridge downtowne Dubai, 1.5 km from Damac Towers By Paramount Podium (about 5 min drive).
- Spinneys / south bridge downtowne DubaiSupermarket · 1.5 km · about 5 min drive
- Dubai MallShopping Mall · 1.8 km · about 6 min drive
- Spinneys / EMAAR Boulevard, Downtown DubaiSupermarket · 2 km · about 6 min drive
- Al Maya / 8 Boulevard Walk, Downtown DubaiSupermarket · 2.2 km · about 6 min drive
- Al Maya / Murooj Rotana, Murooj ComplexSupermarket · 2.5 km · about 7 min drive
Restaurants and hotels near Damac Towers By Paramount Podium
The closest is Radisson Blu Hotel, Dubai Downtown, 1 km from Damac Towers By Paramount Podium (about 12 min walk).
- Radisson Blu Hotel, Dubai DowntownHotel · 1 km · about 12 min walk
- Al Manzil HotelHotel · 1.6 km · about 5 min drive
- The Address HotelHotel · 1.6 km · about 5 min drive
- Vida Hotels and ResortsHotel · 1.8 km · about 6 min drive
- Qamardeen HotelHotel · 2 km · about 6 min drive
Hospitals and clinics near Damac Towers By Paramount Podium
The closest is Al Amal Hospital, 3.9 km from Damac Towers By Paramount Podium (about 10 min drive).
- Al Amal HospitalHospital · 3.9 km · about 10 min drive
- Medcare HospitalHospital · 5 km · about 12 min drive
- Internationl Medical CenterHospital · 5.4 km · about 13 min drive
- Iranian HospitalHospital · 5.6 km · about 13 min drive
- Manchester ClinicHospital · 5.6 km · about 13 min drive
Parks and leisure near Damac Towers By Paramount Podium
The closest is Meydan Grandstand and Racecourse, 3.3 km from Damac Towers By Paramount Podium (about 9 min drive).
- Meydan Grandstand and RacecourseStadium · 3.3 km · about 9 min drive
- Al Quoz Pond ParkPark · 3.4 km · about 9 min drive
- Meydan TheatreTheatre House · 3.4 km · about 9 min drive
- Falcon Heritage and Sports CentreSports Academy · 3.7 km · about 9 min drive
- Falcon Centre and Cultural SportsSports Academy · 3.7 km · about 9 min drive
Schools near Damac Towers By Paramount Podium
The nearest is Hartland International School - FZ, 1.7 km away. Ratings are the KHDA's latest inspection grades.
- Hartland International School - FZUK - International Baccalaureate - UK/IB · KHDA: Very good · 1.7 km
- North London Collegiate School Middle East L.L.C - FZInternational Baccalaureate · KHDA: Very good · 1.7 km
- Jebel Ali School (Br of Taaleem Management (L L C))UK · KHDA: Very good · 2.8 km
- Dubai International Private School - BrAmerican · KHDA: Good · 3.4 km
- GEMS Our Own Indian SchoolIndian · KHDA: Very good · 3.5 km
- Global Indian International School L.L.CIndian · KHDA: Good · 3.6 km
Other buildings in Business Bay
Business Bay has 257 buildings. A few others to compare Damac Towers By Paramount Podium with:
- Ready
Ready- Ready
ReadyOff-plan
Ready
Things to consider about Damac Towers By Paramount Podium
In its favour
- Ready to move into or let, with no construction risk.
- Several schools within 3 km.
Worth checking
- Few sales each year, so a resale can take longer and prices move on a handful of deals.
- Service charges of up to AED 26.41 per sq ft are on the higher side for Dubai.
- The nearest running metro station is 2.8 km away, so a car helps.
FAQs
Damac Towers By Paramount Podium: questions answered
Buying, selling or renting in Damac Towers By Paramount Podium?
A broker who works Business Bay will tell you what is available and what comparable homes went for.