Project profile
DAMAC Towers by Paramount Project · Business Bay · prices, sales and rents
Registered prices, construction progress and the record across its buildings.
Developer: DAMAC Star Properties
- Registered salesLast 12 months
- 116
- Median ready pricePer sq ft
- AED 1,433
- Construction progressCompleted
- 100%
Data to 4 November 2026
Dubai Land Department lists the project as completed on 23 October 2018. In the last 12 months, Dubai Land Department registered 116 sales in DAMAC Towers by Paramount, worth AED 222.6M in total. The median price of ready homes was 1,433 AED/sqft.
Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence: registered sales and new rent contracts. Medians use at least 5 transactions.
A project, in progress.
Completed
- Start
- 27 March 2008
- DLD end date
- 23 October 2018
- Completion
- 23 October 2018
- Units
- 2,041
- Buildings
- 5
5 buildings in the DLD register, 3 with a page here.
DAMAC Towers by Paramount registered prices, over time.
Median registered price, AED per sq ft
Show the figures
| Month | Ready (registered sales) |
|---|---|
| Nov 2023 | 1,542 AED/sqft 6 sales |
| Dec 2023 | — 3 sales |
| Jan 2024 | 1,657 AED/sqft 13 sales |
| Feb 2024 | 1,507 AED/sqft 9 sales |
| Mar 2024 | 1,506 AED/sqft 8 sales |
| Apr 2024 | 1,431 AED/sqft 5 sales |
| May 2024 | 1,417 AED/sqft 12 sales |
| Jun 2024 | 1,433 AED/sqft 12 sales |
| Jul 2024 | 1,504 AED/sqft 8 sales |
| Aug 2024 | 1,746 AED/sqft 9 sales |
| Sep 2024 | 1,376 AED/sqft 9 sales |
| Oct 2024 | 1,650 AED/sqft 11 sales |
| Nov 2024 | 1,722 AED/sqft 9 sales |
| Dec 2024 | 1,485 AED/sqft 6 sales |
| Jan 2025 | 1,561 AED/sqft 12 sales |
| Feb 2025 | 1,578 AED/sqft 13 sales |
| Mar 2025 | 1,539 AED/sqft 9 sales |
| Apr 2025 | 1,597 AED/sqft 17 sales |
| May 2025 | — 3 sales |
| Jun 2025 | 1,464 AED/sqft 16 sales |
| Jul 2025 | 1,491 AED/sqft 27 sales |
| Aug 2025 | 1,619 AED/sqft 6 sales |
| Sep 2025 | 1,677 AED/sqft 9 sales |
| Oct 2025 | 1,483 AED/sqft 10 sales |
| Nov 2025 | 1,648 AED/sqft 13 sales |
| Dec 2025 | 1,451 AED/sqft 10 sales |
| Jan 2026 | 1,509 AED/sqft 9 sales |
| Feb 2026 | 1,384 AED/sqft 6 sales |
| Mar 2026 | 1,412 AED/sqft 8 sales |
| Apr 2026 | 1,304 AED/sqft 8 sales |
| May 2026 | 1,306 AED/sqft 5 sales |
| Jun 2026 | 1,410 AED/sqft 13 sales |
| Jul 2026 | 1,297 AED/sqft 10 sales |
| Aug 2026 | 1,376 AED/sqft 7 sales |
| Sep 2026 | 1,319 AED/sqft 13 sales |
| Oct 2026 | 1,374 AED/sqft 11 sales |
What does each home type sell and rent for in DAMAC Towers by Paramount?
Apartment · 1 bed
- Ready median price
- AED 1.4M
- Median yearly rent
- AED 95K
- Gross yield
- 6.7%
Apartment · 2 beds
- Ready median price
- AED 2M
- Median yearly rent
- AED 140K
- Gross yield
- 7%
Apartment · 3 beds
- Ready median price
- AED 2.5M
- Median yearly rent
- AED 180K
- Gross yield
- 7.2%
Last 12 months. Medians of at least 5 registered sales or new rent contracts; the median price of all sales mixes ready and off-plan. Gross yield is the median new yearly rent over the ready median price, shown where a home type has at least 10 ready sales and 5 new rents (“rent only” otherwise), before service charges and other costs.
Service charges.
In the area report.
The Business Bay area report ranks the area’s projects by sales, each with its own owners’ association budget per sq ft a year where it publishes one, beside the area median by budget year.
See the Business Bay area reportExplore the towers.
The latest registered sales in DAMAC Towers by Paramount.
| Date | Unit | Size | Price | AED/sqft |
|---|---|---|---|---|
| 4 Nov 2026 | Apartment · 1 bed · ReadyB) | 1,055 sqft | AED 1,550,000 | 1,469 |
| 3 Nov 2026 | Apartment · 2 beds · ReadyB) | 1,407 sqft | AED 2,175,000 | 1,546 |
| 2 Nov 2026 | Apartment · 2 beds · ReadyD) | 1,388 sqft | AED 2,000,000 | 1,441 |
| 2 Nov 2026 | Apartment · 1 bed · ReadyD) | 929 sqft | AED 1,878,720 | 2,022 |
| 26 Oct 2026 | Apartment · 2 beds · ReadyA) | 1,388 sqft | AED 2,769,250 | 1,995 |
| 23 Oct 2026 | Apartment · 2 beds · ReadyA) | 1,485 sqft | AED 2,013,551 | 1,356 |
| 23 Oct 2026 | Apartment · 1 bed · ReadyD) | 929 sqft | AED 1,188,673 | 1,280 |
| 22 Oct 2026 | Apartment · 1 bed · ReadyD) | 929 sqft | AED 1,360,000 | 1,464 |
| 21 Oct 2026 | Apartment · 2 beds · ReadyA) | 1,632 sqft | AED 2,600,000 | 1,593 |
| 20 Oct 2026 | Apartment · 2 beds · ReadyD) | 1,632 sqft | AED 2,600,000 | 1,593 |
4 Nov 2026
Apartment1 bedReady1,055 sqft
B)AED 1,550,0001,469 AED/sqft
3 Nov 2026
Apartment2 bedsReady1,407 sqft
B)AED 2,175,0001,546 AED/sqft
2 Nov 2026
Apartment2 bedsReady1,388 sqft
D)AED 2,000,0001,441 AED/sqft
2 Nov 2026
Apartment1 bedReady929 sqft
D)AED 1,878,7202,022 AED/sqft
26 Oct 2026
Apartment2 bedsReady1,388 sqft
A)AED 2,769,2501,995 AED/sqft
23 Oct 2026
Apartment2 bedsReady1,485 sqft
A)AED 2,013,5511,356 AED/sqft
23 Oct 2026
Apartment1 bedReady929 sqft
D)AED 1,188,6731,280 AED/sqft
22 Oct 2026
Apartment1 bedReady929 sqft
D)AED 1,360,0001,464 AED/sqft
21 Oct 2026
Apartment2 bedsReady1,632 sqft
A)AED 2,600,0001,593 AED/sqft
20 Oct 2026
Apartment2 bedsReady1,632 sqft
D)AED 2,600,0001,593 AED/sqft
Questions about DAMAC Towers by Paramount
What is the price per sq ft in DAMAC Towers by Paramount?
In the 12 months to 4 November 2026, the median registered sale price of ready homes was 1,433 AED/sqft.
How many homes were sold in DAMAC Towers by Paramount in the last 12 months?
In the last 12 months, Dubai Land Department registered 116 sales in DAMAC Towers by Paramount, worth AED 222.6M in total. The median price of ready homes was 1,433 AED/sqft. Registered sales to 4 November 2026.
What is the rent in DAMAC Towers by Paramount?
In the 12 months to 4 November 2026, Apartment · 1 bed was the most rented home type in DAMAC Towers by Paramount, at a median of AED 95,000 a year over 177 new contracts. Against its ready median price of AED 1,420,000, that is a gross yield of 6.7%, before service charges and other costs.
When was DAMAC Towers by Paramount completed?
Dubai Land Department lists the project as completed on 23 October 2018.
Where do these figures come from?
From Dubai Land Department open data, published on Dubai Data, to 4 November 2026: registered sales, new rent contracts and the project register. They are registered sales, not a valuation, and not investment advice.
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