In the next generation of wireless systems, massive Multiple Input Multiple Output (MIMO) offers high angular resolution for localization. By virtue of large number of antennas, Angle of Arrival (AoA) of User Terminals (UTs) can be estimated accurately. Measurements of Dense Multipath Channel (DMC) indicate multipath signals contribute up to 95% of total link power. This fact urges the necessity of studying the contribution of multipath signals accompanying dominant path in AoA estimation. We obtain a deterministic form for Cramer-Rao Lower Bound ( <inline-formula xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink"> <tex-math notation="LaTeX">$CRLB$ </tex-math></inline-formula> ) in multi-user scenario when contribution of multipath signals is considered. We do this when the multipath signals are independent and identically distributed (i.i.d) with arbitrary distribution. Then, we redefine a localization efficiency function for multi-user scenario and optimize it with respect to (w.r.t) the number of antennas. When only a subset of available antennas is used, we prove that <inline-formula xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink"> <tex-math notation="LaTeX">$CRLB$ </tex-math></inline-formula> can be minimized w.r.t which set is used. An antenna selection strategy that minimizes <inline-formula xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink"> <tex-math notation="LaTeX">$CRLB$ </tex-math></inline-formula> is proposed. As a benchmark, we apply the proposed antenna selection to MUltiple SIgnal Classification (MUSIC) algorithm and study its efficiency. Numerical results validate the accuracy of our analysis and show significant improvement in efficiency when the proposed antenna selection is employed.