Paramount Hotel Dubai construction will begin by the first half of 2015

0
2928

According to Dubai Real Estate developer Damac Properties: The Paramount Hotel construction will begin by the first half of 2015.

 As said by Damac: They are planning to float the construction works tender for the 1,250 room Luxury Hotel In The Downtown Dubai, soon in 2015 with completion scheduled in 2018.

The senior vice president of Damac, Niall McLaughlin said that they are on a plan to tender the construction of the development in the beginning of the year 2015.

DAMAC_TOWER_BY_PARAMOUNT20

He also stated that they are presently progressing on the concept design and in association with Paramount team. They also anticipate in disclosing the design by the first quarter of next year.

 Damac proclaimed Paramount Hotel Dubai, Downtown during Cityscape in September 2014 and this is the fourth development by Damac in alliance with the posh hotel operator, Paramount Hotels and Resorts, the official licensee of Paramount Pictures.

Damac launched its first alliance with Paramount Hotels & Resorts in March 2013 with the $1 billion Damac Towers by Paramount Hotels & Resorts.

 As stated by Damac they have delivered approximately 12,000 units since 2002 and at present has a development profile of around 39,000 units.

Buying/ Selling Property
Riveria Global Real Estate assists you to achieve the right commercial and residential options for rent in Dubai. Our efficient team of employees will assure that you get the best out of the investment you have made you in addition our priority will be your convenience and purchasing capacity which will be always be kept in regard.

Whether you are purchasing or selling, we realize the procedure can often be challenging and complicated. We focus on taking the pressure off you, so you can make sound and concise decision during the process. Ultimately, a ‘successful sale’ is our chief aim and we employ our skill to make that happen for you.

Our clients are offered the highest care and precise information in regard to the properties. Our extensive agent databases and client database, we make certain that we find the right property of your choice. We’ve taken the traditional role of real estate agents and turned it around.

NO COMMENTS