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Damac Towers by Paramount Phase I sold out
- United Arab Emirates: Wednesday, March 27 - 2013 at 04:47
Dubai-based real estate developer Damac Properties has sold out the first phase of Damac Towers by Paramount during an exclusive invite-only launch event. More than 1,000 investors were in attendance at the IMAX cinema at Meydan Hotel for the 'premiere' of the $1bn development. Developed by Damac, in partnership with Paramount Hotel & Resorts, the project will comprise a 540-key Paramount Hotel & Residences and more than 1,400 units of Damac Maison - Paramount co-branded serviced hotel residences located in the heart of the downtown Burj Khalifa area in Dubai.
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