DAMAC Properties launch Paramount serviced residences in KSA

DAMAC Properties launch Paramount serviced residences in KSA

Paramount Hotels & Resorts-branded serviced residences
Paramount Hotels & Resorts-branded serviced residences

DAMAC Properties have rolled out the Paramount Hotels & Resorts-branded serviced residences tower in Riyadh.

The announcement follows the launch of two Paramount Hotels & Resorts-branded projects in Dubai – DAMAC Towers by Paramount Hotels & Resorts Dubai PHR FZ LLC and Paramount Hotel Jumeriah Waterfront.

The serviced residences will include a spa, high-end restaurants and hotel servicing. Investors can also enter their unit into a rental pool, fully managed by DAMAC Maison.

The project showcases 215 units available in studios, one, two and three-bedroom residences, with a 932 square metre penthouse on the top floors. Both projects are currently under construction and set to be completed in 2016.

Gary Marshall
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Gary Marshall
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