UAE Property Analyzer

Projects › Business Bay › Damac Towers by Paramount

Damac Towers by Paramount Business Bay, Dubai

AreaBusiness Bay(Dubai)
DeveloperDAMAC
Residential sales (3 months)38 (3% of the area)
Median price (3 months)1,394 AED/sqft(15,003 AED/㎡)
Premium / discount to the area-34.7%
Price change (3 months / y/y)-1.1% / -9.6%
Off-plan share0%
Median price, AED per sq ft (monthly)1,3001,4001,5001,6001,7002024-112025-032025-072025-112026-032026-072026-09
Residential sales per month010202024-112025-032025-072025-112026-032026-072026-10

By unit type (last 12 months)

TypeSalesMedian price (AED)AED/sqftSize (sq ft)
Studio21800,0001,621483
1BR661,430,0001,479946
2BR311,994,4911,3171,515
3BR222,550,0001,4341,747

Other projects in Business Bay

ProjectSales (3m)AED/sqftvs areaOff-plan
Binghatti Aquarise592,431+13.8%100%
Regalia541,751-18.0%63%
Peninsula Four462,447+14.6%0%
Peninsula Three382,620+22.7%0%
Lumena Alta by Omniyat355,971+179.6%100%
One by Binghatti332,205+3.3%100%
Bay Square312,510+17.5%0%
The EDGE302,249+5.3%100%
HQ by ROVE294,794+124.5%100%
Burj Capital273,443+61.2%100%
Peninsula Two252,562+19.9%0%
Prive by Damac222,011-5.8%0%

Data as of 2026-10-11, from Dubai Land Department registrations (DLD Open Data) and the project registry. Registrations under other spellings of the same project are counted together. Monthly prices are hidden for months with fewer than 5 sales. Completion dates come from the registry and often slip. Information only, not investment advice.

Business Bay area page · Run the buy-to-let numbers

Sources: Dubai Land Department (DLD Open Data; Dubai sales before 2026 via the CC BY 4.0 republication by Dubai Real Estate Data, dubairealestatedata.com), Ejari rent contracts, Abu Dhabi Real Estate Centre (ADREC), FRED, New York Fed, US Treasury. Residential (apartment and villa) sales only; cells with fewer than 5 sales are hidden. Information only, not investment advice.