(MENAFN) Dubai-based Damac Properties announced inaugurating its most recent hospitality scheme in cooperation with Paramount Hotels & Resorts, Arabian Business reported.
Specifically, the real estate developer launched Paramount Residences at the Paramount Tower Hotel & Residences, which constitutes from 826 luxury apartments and residences on Sheikh Zayed Road.
"As the number of tourists to Dubai continues to outpace most of the world, there is a huge demand for quality, stylish and luxury living experiences, both with hotels and the high-end hotel apartments sectors," the managing director of Damac Properties said.
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