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Holiday-home management in Damac Towers by Paramount.

Own a property in Damac Towers by Paramount? Purple Holiday Homes manages Business Bay holiday homes from start to finish: DET permit, furnishing guidance, multi-channel listings, guest operations and monthly payouts, on a management-share model with no fixed fees.

Property-specific reviewOwner reportingDubai management
Building facts Business Bay
Developer
DAMAC Properties
Completed
2019
Floors
68
Homes
Studios to 3-bedroom serviced apartments
Location
On Sheikh Zayed Road
Nearest transit
Business Bay Metro
About this building

Holiday-home management in Damac Towers by Paramount

Built by DAMAC Properties, completed in 2019, Damac Towers by Paramount is a four-tower complex of Paramount-branded serviced residences and a hotel. Guests come for Hollywood-themed serviced living with resort-style amenities. With studios to 3-bedroom serviced apartments, Damac Towers by Paramount suits the business travellers, couples and families who drive short-stay demand in Business Bay, which peaks from October to April. For a revenue projection on your unit, use our free estimator.

01What we handle

Everything from permit to payout.

One DET-licensed team runs the full short-let process for you, from listing to payout, so your apartment performs while you stay hands-off.

Dynamic pricing,
calibrated daily.

We price every night against live demand, local events and booking pace, so you capture the higher rates that peak season brings.

Example uplift
+22%
Example channels
6

DET permits

Full DTCM application and annual renewal, handled for you.

24/7 guest care

Guest support, check-ins and in-stay support, around the clock.

Hotel-grade turnovers

Housekeeping, restocking and a guest-readiness check between every stay.

Owner reporting

Transparent monthly statements, every figure, itemised.

02For owners

Aligned with your return, not a retainer.

Our management share is linked to the agreed revenue base. Review the full fee structure and operating costs in your written proposal.Dubai properties in Dubai.

03Good to know

Common questions from Damac Towers by Paramount owners.

Prepare a unit-specific handover

Before agreeing management, provide the exact unit details, current furnishing inventory, available dates and any building access instructions. Confirm permitted use, guest access to amenities and unresolved maintenance for this property. Published building details are a starting point for the review, not permission to operate a particular unit.

Review management fees and owner costs and the launch checklist before submitting your property.

Ready when you are

What could your Damac Towers by Paramount home earn?

A free, building-specific revenue estimate, no obligation, no fixed fees, no pressure.