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DAMAC TOWERS BY PARAMOUNT

Also known as: DAMAC Towers By Paramount (a) · DAMAC Towers By Paramount (b) · DAMAC Towers By Paramount (c) · DAMAC Towers By Paramount (d) · DAMAC Towers By Paramount (podium)

AREABusiness Bay
STATUScompleted
YEAR COMPLETED2018 (8 years)
FLOORS61
REGISTERED UNITS2,041
REGISTERED SALES SINCE 2023459
DEVELOPERDAMAC Properties

DAMAC TOWERS BY PARAMOUNT is a completed mixed-use tower in Business Bay, Dubai.

The building has 61 floors.

According to official DLD data, the project has 2,041 registered units.

Sale prices

In 2026, the median residential sale price was AED 1,384 per sq ft (typical range 1,259–1,492; 83 ready-property registered sales).

YearReady-property salesMedian AED / sq ftOff-plan salesOff-plan median
20231211,5930—
20241111,5440—
20251441,5440—
2026831,3840—

Sales with outlier prices are left out of these statistics.

Gross rental yield (approx.)

The approximate gross rental yield is 6.7% (330 new rental contracts and 107 ready sales in the 12 months to 26 October 2026). These are statistics, not investment advice.

Nearby (approx.)

  • Metro & tramDubai Trolley Station 1 — 1,440 m · 18 min
  • Pharmacy, clinic & hospitalBIOS CLINIC — 520 m · 6 min
  • SupermarketAl Reyhan Mini Mart — 630 m · 8 min
  • SchoolHartland International School — 1,430 m · 18 min
  • NurseryJumeirah International Nursery - SouthRidge Branch — 1,340 m · 17 min
  • Shopping mallSobha Mall (Under Construction) — 1,240 m · 16 min
  • Park & beachBayside Park 7 — 120 m · 1 min

Straight-line distance; walking time at about 80 m per minute.

Open the map point in OpenStreetMap ↗

Full report

Yield by unit type, price ranges for the other property types, the three nearest places per category and project-level details.

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Sources: Dubai Land Department open data via Data Dubai (Open Data Licence); map position and nearby places © OpenStreetMap contributors (ODbL). Statistics are calculated from registered transactions and are not investment advice. Last checked: 26 October 2026

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