Area view, not a building-specific photograph
DAMAC Towers By Paramount, Dubai
Homes sold for a median AED 1,412 per sq ft. There were 89 sales in the last 12 months.
Finished project in the register in Business Bay. A typical 1-bedroom home sold for AED 1,381,872.
Get a price for DAMAC Towers By Paramount- Median sold price
- AED 1,412
- Per sq ft, 12 months to 5 Oct 2026
- Change in a year
- Not enough data
- Registered sales
- 89
- 12 months
- Lowest recent sale
- AED 751,300
- Recent sales shown below
- Typical price
- StudioAED 864,0001BRAED 1.38M2BRAED 1.87M
- Rounded registered medians, the last 12 months to 5 Oct 2026
Price per sq ft over five years
Median sold price each quarter, against the Business Bay median. Gaps mean fewer than 3 sales that quarter.
DAMAC Towers By Paramount1,412Last recorded: 2026 Q3
Business Bay median2,097Last recorded: 2026 Q3
Exact registered values are available in the data table below.
- Business Bay median, 2023 Q2: Mix of homes sold changed this quarter
View chart data
| Period | DAMAC Towers By Paramount | Business Bay median |
|---|---|---|
| 2021 Q4 | Not reported | 1,436 |
| 2022 Q1 | Not reported | 1,595 |
| 2022 Q2 | Not reported | 1,715 |
| 2022 Q3 | Not reported | 1,838 |
| 2022 Q4 | Not reported | 2,044 |
| 2023 Q1 | Not reported | 2,111 |
| 2023 Q2 | Not reported | 1,812 |
| 2023 Q3 | Not reported | 2,380 |
| 2023 Q4 | Not reported | 2,181 |
| 2024 Q1 | Not reported | 2,276 |
| 2024 Q2 | Not reported | 2,459 |
| 2024 Q3 | Not reported | 2,466 |
| 2024 Q4 | Not reported | 2,309 |
| 2025 Q1 | Not reported | 2,369 |
| 2025 Q2 | Not reported | 2,368 |
| 2025 Q3 | Not reported | 2,634 |
| 2025 Q4 | Not reported | 2,558 |
| 2026 Q1 | 1,425 | 2,626 |
| 2026 Q2 | 1,410 | 2,464 |
| 2026 Q3 | 1,412 | 2,097 |
Source: Land Department open data, 5 Oct 2026. Prices describe homes sold, not a valuation.
By number of bedrooms
Compare the median price paid for each home size.
| Home | Sales | Median price, rounded | Size, sq ft | AED per sq ft | Area rent a year | Rent-to-price comparison |
|---|---|---|---|---|---|---|
| Studio | 13 | AED 864,000 | 483 | 1,790 | AED 65,000 | 7.5% |
| 1 bedroom | 34 | AED 1.38M | 945 | 1,462 | AED 85,000 | 6.2% |
| 2 bedrooms | 24 | AED 1.87M | 1,455 | 1,287 | AED 130,000 | 6.9% |
| 3 bedrooms | 17 | AED 2.55M | 1,747 | 1,460 | AED 187,750 | 7.4% |
Source: Land Department open data. Sale medians cover the last 12 months, to 5 Oct 2026. Rent source: Dubai Data (datadubai.ae), Continental Club Property. Area rents: Ejari, Business Bay.
Rents cover the whole community, not this building alone. They are the median Ejari rent for each home size. The rent-to-price comparison uses area rent and this building's sale median, before costs. It is not an observed building lease yield. Publisher contract sample, register data to 22 Oct 2026; the lease period is not stated.
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Latest registered sales
Compare the recorded prices, sizes and dates of the DAMAC Towers By Paramount sales shown below.
| 2026-10-01 | Studio | Ready | 476 | 751,300 | 1,578 |
| 2026-09-30 | 1 bedroom | Ready | 1,042 | 1,363,400 | 1,308 |
| 2026-09-30 | Studio | Ready | 486 | 900,000 | 1,852 |
| 2026-09-30 | Studio | Ready | 637 | 1,587,000 | 2,491 |
| 2026-09-29 | 2 bedrooms | Ready | 1,388 | 2,683,640 | 1,933 |
| 2026-09-28 | 2 bedrooms | Ready | 1,515 | 2,957,350 | 1,952 |
| 2026-09-23 | 2 bedrooms | Ready | 1,388 | 1,827,156 | 1,316 |
| 2026-09-23 | 3 bedrooms | Ready | 1,744 | 2,300,000 | 1,319 |
Source: Land Department open data, 5 Oct 2026. Records don't include unit numbers, so individual homes can't be identified.
What a 1-bedroom home in DAMAC Towers By Paramount really costs
Use your purchase price, rent and charges to compare the cash needed and income after costs.
These inputs are examples. Sale medians and community rents help you start. They are not a quote for a home for sale.
Where your purchase costs go
The chart shows how the one-off purchase fees are divided for your inputs.
- Cash you need on day one
- AED 1,470,946
- Net yield after costs
- Add your service charge
| DLD transfer fee | AED 55,275 |
|---|---|
| DLD admin fee | AED 580 |
| Registration trustee fee (incl. VAT) | AED 4,200 |
| Agent commission (incl. VAT) | AED 29,019 |
| Total fees | AED 89,074 |
- Monthly mortgage payment
- AED 0
- Service charge a year
- Add your service charge
- Gross yield
- 6.2%
Source: fee schedule dated 2026-10-14. DLD transfer 4%, trustee and admin fees, mortgage registration 0.25% + AED 290, agent 2% + VAT. Official fee references and labelled calculator planning assumptions. Confirm the itemised charges in writing before a deal.
Open these figures in the full calculator
Price and size are this building's medians. Rent is the area-level Ejari median for a 1-bedroom home in Business Bay. Add the building's service charge from the Land Department's Service Charge Index to see the net yield.
Compare sold prices for the same home size
Registered sales from 6 Oct 2025 to 5 Oct 2026 in Business Bay. Each building needs at least ten sales of the shown bedroom count and a recorded off-plan share of 20% or less across its current annual sale sample.
1 bedroom: DAMAC Towers By Paramount and four price-nearest buildings
| 1,381,872 | 945 | 34 | 0.0% | |
| 1,400,000 | 627 | 11 | 0.0% | |
| 1,430,000 | 654 | 23 | 0.0% | |
| 1,440,000 | 829 | 29 | 0.0% | |
| 1,479,934 | 1,179 | 13 | 0.0% |
2 bedrooms: DAMAC Towers By Paramount and four price-nearest buildings
| 1,872,517 | 1,455 | 24 | 0.0% | |
| 2,100,000 | 1,269 | 26 | 0.0% | |
| 1,523,310 | 902 | 12 | 0.0% | |
| 1,520,000 | 813 | 22 | 0.0% | |
| 1,460,000 | 817 | 21 | 0.0% |
Studio: DAMAC Towers By Paramount and four price-nearest buildings
| 864,467 | 483 | 13 | 0.0% | |
| 820,000 | 479 | 22 | 0.0% | |
| 820,000 | 492 | 13 | 0.0% | |
| 810,000 | 524 | 23 | 0.0% | |
| 922,500 | 432 | 38 | 0.0% |
Method: the current building first, then four other buildings closest by the same-bedroom median purchase price, with ties ordered by page identifier. We exclude five-year price windows, buildings with more than 20% off-plan registrations and bedroom samples below ten sales. If four peers are unavailable the comparison is withheld. Bedroom count and period match; home types, condition, floor and features may still differ. Ready registrations do not certify project completion.
Median price and median size are separate statistics, not a matched unit or a median price-per-sq-ft calculation. These are completed registrations, not available listings, valuations or forecasts.
Source update: 26 Oct 2026. Source: Dubai Land Department open data via Dubai Pulse, re-published by Dubai Real Estate Data (dataset), licensed CC BY 4.0. Sales to 5 Oct 2026. aggregated to medians; non-residential, land and flagged rows excluded.
Project register and escrow
DAMAC. Project status: finished.
- Registered completion
- 23 Oct 2018
- Construction progress
- 100%
- Escrow bank
- Abu Dhabi Islamic Bank
Source: Land Department project register, 22 Oct 2026. A registered completion date can be extended. Confirm the latest project status in the Dubai REST app; payment-plan terms must be checked with the developer.
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This map marks the parent area. It does not show the entrance or exact building position.
Questions people ask
These answers explain the prices and registered sales shown for DAMAC Towers By Paramount.
What is the price per sq ft in DAMAC Towers By Paramount?
The median sold price was AED 1,412 per sq ft. There were 89 sales over the last 12 months to 5 Oct 2026. The last sale was on 1 Oct 2026.
How much does a 1-bedroom home in DAMAC Towers By Paramount cost?
The median price for a 1-bedroom home was AED 1,381,872. The median size was about 945 sq ft. This covers 34 sales in the last 12 months.
What rent does a 1-bedroom home near DAMAC Towers By Paramount get?
The median rent for that home size in Business Bay was AED 85,000 a year. The publisher sample has 6,834 Ejari contract records. Publisher contract sample, register data to 22 Oct 2026; the lease period is not stated. The rent-to-price comparison is about 6.2%, before costs. This uses the building's median sale price and area rent. It is not an observed lease yield for this building.
Is DAMAC Towers By Paramount expensive for Business Bay?
DAMAC Towers By Paramount sells at 43.3% below the Business Bay median of AED 2,492 per sq ft, comparing both over the last 12 months.
Sources
Source update: 26 Oct 2026. Source: Dubai Land Department open data via Dubai Pulse, re-published by Dubai Real Estate Data (dataset), licensed CC BY 4.0. Sales to 5 Oct 2026. aggregated to medians; non-residential, land and flagged rows excluded. Source for rents, yields and project records: Dubai Data (datadubai.ae), Continental Club Property, based on Dubai Land Department open data, data to 22 Oct 2026, licensed CC BY 4.0. Publisher contract sample, register data to 22 Oct 2026; the lease period is not stated. Publisher-reported gross yields use the publisher matched-segment sale-price denominator, not this page’s sale median; the matched-sale reporting period is not stated.