Author: Paromita Dey

DAMAC Properties has awarded China State Construction Engineering Corporation (Middle East) a AED 554mn ($150mn) contract to build the Paramount Residences at the Paramount Tower Hotel and Residences in Dubai. The global construction giant has been awarded the main work contract for 27 floors that comprise a collection of luxury residences. Paramount Tower Hotel & Residences is an 867-key luxury hotel and hotel residences tower on Sheikh Zayed Road. The 64-storey project will offer a sky lobby with views across the Burj area, a private Paramount Pictures screening room, a rooftop infinity swimming pool with a terrace and a fitness…

Read More