DAMAC Maison-Paramount Tower 3

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DAMAC Maison-Paramount Tower 3
General information
Status Complete
Construction started 2013 [1]
Estimated completion 2018
Opening 2018
Height
Antenna spire 268 m (879 ft)
Roof 242 m (794 ft) [1]
Technical details
Floor count 69 [1]
Design and construction
Developer DAMAC Properties Group

DAMAC Maison-Paramount Tower 3 is a 68-storey, 250-metre-tall (820 ft) residential tower under construction in Downtown Dubai, United Arab Emirates. [2] The Tower 3 is a part of the complex launched by DAMAC Properties on March 12, 2013. The Damac Towers project is Paramount's first venture into the hotel and real estate industry. Once completed, the whole complex will cost around US$1 billion. [3]

Downtown Dubai Community in Dubai, United Arab Emirates

Downtown Dubai, previously known as Downtown Burj Dubai, is a large-scale, mixed-use complex under development in Dubai, United Arab Emirates. It is the home of some of the city's largest landmarks including Burj Khalifa, Dubai Mall, and Dubai Fountain. It covers an area of 2 square kilometres (0.77 sq mi), at an estimated cost of US$20 billion upon completion and as of 2017, had a population of 13,201.

United Arab Emirates Country in Western Asia

The United Arab Emirates, sometimes simply called the Emirates, is a country in Western Asia at the southeast end of the Arabian Peninsula on the Persian Gulf, bordering Oman to the east and Saudi Arabia to the south, as well as sharing maritime borders with Qatar to the west and Iran to the north. The sovereign constitutional monarchy is a federation of seven emirates consisting of Abu Dhabi, Ajman, Dubai, Fujairah, Ras Al Khaimah, Sharjah and Umm Al Quwain. Their boundaries are complex, with numerous enclaves within the various emirates. Each emirate is governed by a ruler; together, they jointly form the Federal Supreme Council. One of the rulers serves as the President of the United Arab Emirates. In 2013, the UAE's population was 9.2 million, of which 1.4 million are Emirati citizens and 7.8 million are expatriates.

DAMAC Properties is a property development company, based in Dubai, in the United Arab Emirates. In January 2015, DAMAC Properties was publicly listed on the Dubai Financial Market. The company operates internationally providing residential, commercial and leisure properties and has a collective presence in the UAE, Saudi Arabia, Qatar, Jordan, Lebanon, Oman, and the United Kingdom.

Contents

See also

DAMAC Maison-Paramount Tower 1 is a 68-storey, 250-metre-tall (820 ft) residential tower under construction in Downtown Dubai, United Arab Emirates. The tower is a part of a complex, DAMAC Towers by Paramount being built in Down Town, Dubai. The complex was launched by Paramount Pictures partnered with DAMAC Properties on March 12, 2013.

DAMAC Maison-Paramount Tower 2 is a 250-metre-tall (820 ft) residential tower under construction in Downtown Dubai, United Arab Emirates. The tower is a part of a complex, DAMAC Towers by Paramount, being built in Down Town, Dubai. Once completed, it will become one of the tallest residential buildings in Dubai.

Damac Towers by Paramount is a 68-storey, 270-metre-tall (886 ft) residential and hotel tower under construction in Downtown Dubai, United Arab Emirates.

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DAMAC Residenze skyscraper

DAMAC Residenze formerly named DAMAC Heights and Ocean Heights 2, is an 85-storey, 335 m (1,099 ft), supertall skyscraper under construction in Dubai Marina, Dubai. It is the second supertall project by DAMAC Properties, the first being Ocean Heights, which is also located in Dubai Marina. The building will overlook the Palm Jumeirah. When completed in 2017, DAMAC Heights will become one of the tallest buildings in Dubai and the fifth-tallest residential building in the world, surpassed only by Pentominium, World One, and Marina 101, and Princess Tower.

DAMAC Hotels & Resorts, is the hospitality division of DAMAC Properties, founded in October 2011. DAMAC Hotels & Resorts chain of hotels and serviced hotel apartments include The Distinction, DAMAC Maison Dubai Mall Street, DAMAC Maison Canal Views and DAMAC Maison Cour Jardin. The portfolio of hotels provide 24-hour check-in service and other family-friendly services.

Hussain Sajwani is an Emirati billionaire property developer, and the founder and chairman of real estate development company DAMAC Properties. DAMAC Properties was ranked number one on the Forbes 2017 Global 2000 list of the fastest growing global companies based on the compound annual growth rate of revenues from 2013 to 2016.

References

  1. 1 2 3 "DAMAC Maison-Paramount Tower 3". CTBUH.
  2. ↑ "Damac goes to Hollywood with Paramount partnership for hotel". The National.ae.
  3. ↑ "Paramount Launches Major Four Tower Project". CTBUH.

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