DAMAC Properties, the UAE’s leading luxury property developer, is pleased to announce that it will partner with Paramount Hotels and Resorts in the construction of US$ 1 Billion DAMAC Towers by Paramount, a development of four buildings, in Burj Khalifa area of downtown Dubai. The project comprises a 540 key Paramount Hotel & Residences and more than 1,400 units of DAMAC Maison. Rendering courtesy DAMAC Properties