Following is the RERA, Government of Dubai Independent Progress Monitoring Report for Paramount Tower Hotel & Residences
Inspection Date: 06/11/2019
Land Number: 53
Project Number: 1665
Project Name: PARAMOUNT TOWER HOTEL & RESIDENCES
Project Percentag: 65.11
Project Location: Business Bay
Real Estate Developer Name: NAMAA PROPERTIES DEVELOPMENT L.L.C,
Developer Number: 965
Master Developer Name: BUSINESS BAY (L.L.C)
Trust Account Number: 1001698784
Account Trustee Name: COMMERCIAL BANK OF DUBAI (PSC),
The project is registered in RERA for off plan sales and the records indicate that the project is under construction and was audited recently.
Paramount Tower PROJECT DESCRIPTION
PROJECT CONSISTS OF 3B+G+11P+4A+49+R HOTEL & RESIDENTIAL
BUILDING LOCATED IN BUSINESS BAY.
THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE
AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.
At the time of inspection the following were found :
Project is in progress.
Excavation, shoring , foundation and substructure works
Superstructure works progressing at advance stages.
MEP works progressing with 1st and 2nd fix.
Block, plaster water proofing works progressing at different levels.
Finishes works progressing with painting and floor & wall tiling.