DAMAC Towers by Paramount Hotels & Resorts achieves topping out

WCN Editorial Team 29 Apr 2016 MIDDLE EAST BUILDINGS

DAMAC Properties has announced that its $1.3bn luxury hotel and serviced residences, DAMAC Towers by Paramount Hotels & Resorts, in Dubai has been topped out.

The company also stated that 60% of the façade work of the four-tower complex has been completed, with the interior fit-out progressing steadily.

Each tower of DAMAC Towers by Paramount Hotels & Resorts will stretch more than 250m into the air, with ten podium levels and 58 additional storeys. Three of the four towers will have, in total, 1,200 luxury serviced residences.

The fourth tower, the Paramount Hotel, will feature more than 800 rooms and suites, along with a lobby with a coffee lounge and chocolaterie. It will also include a reception area, featuring 360-degree floor-to-ceiling digital walls and a wide range of eateries.

Paramount Hotels & Resorts chairman Ghassan Aridi said: "This is a much-anticipated achievement for us, as it will be the world's first-ever Paramount Hotel and Paramount Residences, and it will also represent the premiere of the Paramount Hotels & Resorts brand in the UAE.

"Dubai has built a reputation as a leisure destination, with impeccable service standards and lifestyle offering. DAMAC Towers by Paramount Hotels & Resorts will seamlessly combine the timeless Hollywood glamour of the movie industry with Dubai style."

The towers are expected to be completed in 2017.

With 11 websites and newsletters covering all the key areas within the construction industry, World Construction Industry Network is the leading global construction information resource. READ ABOUT US



World Construction Network | www.worldconstructionnetwork.com is a product of GlobalData. Copyright © 2022 GlobalData. All rights reserved.