Damac Towers By Paramount
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Damac Towers By Paramount is a completed apartment development by DAMAC STAR PROPERTIES (L L C) in Business Bay, comprising 2,041 registered units. 2,740 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,846 per sqft. At AED 1,846 per sqft, Damac Towers By Paramount prices 24% below the Business Bay average of AED 2,432 per sqft on registered sales.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | Units | PIX© Price | PIX© PSF | PSF YoY | Trend | PIX© Rent /yr | Yield |
|---|---|---|---|---|---|---|---|
PIX© Core Project-Wide 451 – 6,379 sqft | 2,041 | 1.47M | 1,846 | ↑0.5% | 133K | 9.0% | |
| Residential | |||||||
1 Bed · Apartment 918 – 1,463 sqft | 481 | ||||||
2 Bed · Apartment 1,345 – 2,075 sqft | 300 | ||||||
3 Bed · Apartment 1,744 – 2,247 sqft | 190 | ||||||
4 Bed · Apartment 2,801 sqft | 1 | — | — | — | |||
Studio · Hotel Apartment 451 – 637 sqft | — | — | — | ||||
1 Bed · Hotel Apartment 920 – 1,055 sqft | 115 | ||||||
2 Bed · Hotel Apartment 1,388 – 1,517 sqft | 60 | ||||||
3 Bed · Hotel Apartment 1,744 – 1,997 sqft | 49 | ||||||
| Hospitality | |||||||
Studio · Hotel Room 451 – 637 sqft | 729 | — | — | — | |||
1 Bed · Hotel Room 630 – 1,580 sqft | 95 | — | — | — | — | — | — |
| Commercial | |||||||
Office 1,709 – 3,056 sqft | 2 | — | — | — | — | — | — |
Shop 2,004 – 6,379 sqft | 19 | — | — | — | |||
| Floors | All towers | Tower C | Tower A | Tower B | Tower D |
|---|---|---|---|---|---|
| All floors | 321 sales | 55 sales | 85 sales | 79 sales | 102 sales |
| Floors 8-54 | 258 sales | 43 sales | 63 sales | 67 sales | 85 sales |
| Floors 55-69 | 63 sales | 12 sales | 22 sales | 12 sales | 17 sales |
| Date | Unit | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|---|
| 13 Aug 2026 | 1 Bed | Tower D · Floor 11 | 965 | 1,200,000 | 1,243 | -40.4% | Entry Level | Standard Sale |
| 12 Aug 2026 | Studio | Tower C · Floor 30 | 473 | 809,000 | 1,710 | +1.0% | Standard | Standard Sale |
| 7 Aug 2026 | Studio | Tower C · Floor 12 | 451 | 750,000 | 1,662 | -38.8% | Standard | Standard Sale |
| Floors | All towers | Tower D | Tower B | Tower A |
|---|---|---|---|---|
| All floors | 1,208 rentals | 422 rentals | 402 rentals | 382 rentals |
| Floors 8-46 | 785 rentals | 271 rentals | 263 rentals | 249 rentals |
| Floors 47-69 | 423 rentals | 151 rentals | 139 rentals | 133 rentals |
| Start Date | Unit | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|
| 28 Nov 2026 | — | 5,272 | 1,449,800 | 275 | — | Standard | new |
| 15 Sep 2026 | 3 Bed | 1,744 | 169,529 | 97 | — | Standard | new |
| 2 Sep 2026 | 1 Bed | 965 | 105,000 | 109 | — | Standard | new |
Comparables
How this project prices against its peers, ranked by PIX© price per square foot.
Comparable projects in Business Bay
The closest-priced registered projects in Business Bay.
Common questions about Damac Towers By Paramount
Answered from Dubai Land Department registered transactions.
How much does a property in Damac Towers By Paramount cost?
Property in Damac Towers By Paramount sells at a current PIX© price of AED 1,846 per sqft, or about AED 1,474,147 for a typical unit, based on 2,740 sales registered with the Dubai Land Department.
Is Damac Towers By Paramount completed?
Yes. Damac Towers By Paramount is recorded as completed in the Dubai Land Department project register (completed q4 2018).
Who is the developer of Damac Towers By Paramount?
Damac Towers By Paramount is developed by DAMAC STAR PROPERTIES (L L C), the developer recorded against the project in the Dubai Land Department register.
What is the rental yield in Damac Towers By Paramount?
Damac Towers By Paramount yields 9.0% gross, calculated from current PIX© rent against current PIX© sale price, across 4,469 registered Ejari contracts.
How many units are in Damac Towers By Paramount?
Damac Towers By Paramount holds 2,041 registered units across 4 towers, per the Dubai Land Department unit register.
Have prices in Damac Towers By Paramount gone up or down?
Price per sqft has risen +0.5% over the last 12 months, to AED 1,846, across 2,740 registered sales.