DAMAC TOWERS BY PARAMOUNT
FINISHEDBy DAMAC · Business Bay
est. — modelled from compounded CAGR, pending launch-price data.
The project is consisting of 3 towers of Deluxe serviced apartments and 1 Tower consisting of a 5 Stars Hotel , with a common podium in Dubai Business Bay. The buildings configuration is 2B+G+8P+61+R and is designed to have a concrete structure and block with internal and external finishes.
Appreciation — multiple measures
One number can mislead — we show the full picture.
- Median price
- AED 2,170,000
- Price/sqft (last 12 months)
- AED 1,466
- Secondary-market share
- 57%
- Resale-only (est.)
- -0.8%
- Like-for-like 1BR (est.)
- -2.8%
est.
est.
Current gross yield by bedroom
- Studio
- 5.7%
- 1BR
- 7.3%
- 2BR
- 7.0%
- 3BR
- 7.1%
- 4BR+
- 2.5%
Based on this project's own DLD sale + Ejari rent transactions (last 24 months); areas with thin data fall back to community averages.
Price & volume trend
Quarterly median price per sqft (line) against transaction volume (bars).
Recent transactions
12 Jun 2026
- Unit
- Studio · 480 sqft
- Price
- AED 815,520
- AED per sqft
- AED 1,699
28 May 2026
- Unit
- 1BR · 760 sqft
- Price
- AED 1,345,200
- AED per sqft
- AED 1,770
17 Apr 2026
- Unit
- 1BR · 820 sqft
- Price
- AED 1,509,620
- AED per sqft
- AED 1,841
05 Mar 2026
- Unit
- 2BR · 1,180 sqft
- Price
- AED 2,047,300
- AED per sqft
- AED 1,735
Sample — representative transactions, pending the transaction-level DLD feed.
Source: DLD transactions (Dubai Pulse) · gifts, bulk & related-party transfers excluded
Project facts
- Developer
- DAMAC
- Area
- Business Bay
- Status
- FINISHED
- Units
- 2,041
- Buildings
- 5
- Completion date
- 23 Oct 2018
- Completed
- 100%
Source: DLD transactions (Dubai Pulse) · Human-AI-assisted · Not financial advice.
Available now
1BR · 745 sqft
AED 1,344,725
Verified 02 Aug 2026
2BR · 1,145 sqft
AED 2,006,040
Verified 24 Jul 2026
Illustrative — live listings coming soon.
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Related intelligence
Published by Dubai Best Research · Human-AI-assisted · Methodology & sources disclosed
Not financial advice · Figures nominal unless stated