Dubai project data
DAMAC TOWERS BY PARAMOUNT: sale prices and rents
داماك تاورز من باراماونت
Registered sales and rent contracts for the project DAMAC TOWERS BY PARAMOUNT in Business Bay, from Dubai Land Department open data.
DAMAC TOWERS BY PARAMOUNT (Business Bay): 151 registered sales in the 12 months to September 2026, median AED 1,483 per sq ft, gross rental yield 7.18%. Source: Dubai Land Department open data via data.dubai, as of 23 Oct 2026, calculated by Zolia.
Key figures, last 12 months
Data as of 23 Oct 2026 · Period Oct 2025 – Sep 2026
- Median sale price
- AED 1.6m
- Off-plan share of sales
- under 3
- Median annual rent
- AED 120,000
- Gross rental yield
- 7.18%
Indicative figures from registered transactions and rent contracts, not a valuation of any unit.
Registered mortgage transactions only, without interest rates and without lenders.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Off-plan and ready sales in DAMAC TOWERS BY PARAMOUNT
| Status | Sales | Median per sq ft | Middle range per sq ft |
|---|---|---|---|
| Off-plan | under 3 | under 3 | under 3 |
| Ready | 151 | AED 1,483 per sq ft | 1,330 – 1,662 |
Off-plan sales are sales of properties before completion, as registered in Dubai Land Department transactions; ready sales are sales of completed properties.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Rents and rental yield in DAMAC TOWERS BY PARAMOUNT
- Median annual rent per sq ft
- AED 103 per sq ft
- Gross rental yield
- 7.18%
The permitted rent increase is set by the Smart Rental Index of the Dubai Land Department; this page does not compute an index value. About the Smart Rental Index
Indicative figures from registered transactions and rent contracts, not a valuation of any unit.
Price per sq ft and rents by unit type in DAMAC TOWERS BY PARAMOUNT
| Unit type | Sales | Median per sq ft | Median annual rent | Gross yield |
|---|---|---|---|---|
| 1 bedroom | 59 | AED 1,460 per sq ft | AED 102,500 | 7.15% |
| 2 bedrooms | 31 | AED 1,330 per sq ft | AED 150,000 | 7.55% |
| 3 bedrooms | 21 | AED 1,434 per sq ft | AED 180,000 | under 30 sales (21) |
Indicative figures from registered transactions and rent contracts, not a valuation of any unit.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Price trend in DAMAC TOWERS BY PARAMOUNT
| Month | Sales | Median per sq ft | Rent contracts |
|---|---|---|---|
| Oct 2024 | 15 | AED 1,650 per sq ft | 57 |
| Nov 2024 | 10 | AED 1,722 per sq ft | 38 |
| Dec 2024 | 9 | AED 1,585 per sq ft | 31 |
| Jan 2025 | 15 | AED 1,619 per sq ft | 30 |
| Feb 2025 | 23 | AED 1,622 per sq ft | 39 |
| Mar 2025 | 11 | AED 1,552 per sq ft | 28 |
| Apr 2025 | 18 | AED 1,598 per sq ft | 30 |
| May 2025 | 6 | AED 1,502 per sq ft | 22 |
| Jun 2025 | 17 | AED 1,464 per sq ft | 31 |
| Jul 2025 | 29 | AED 1,506 per sq ft | 40 |
| Aug 2025 | 8 | AED 1,620 per sq ft | 53 |
| Sep 2025 | 12 | AED 1,524 per sq ft | 64 |
| Oct 2025 | 13 | AED 1,585 per sq ft | 70 |
| Nov 2025 | 24 | AED 1,732 per sq ft | 37 |
| Dec 2025 | 12 | AED 1,453 per sq ft | 38 |
| Jan 2026 | 12 | AED 1,492 per sq ft | 43 |
| Feb 2026 | 7 | AED 1,399 per sq ft | 27 |
| Mar 2026 | 11 | AED 1,462 per sq ft | 25 |
| Apr 2026 | 11 | AED 1,412 per sq ft | 19 |
| May 2026 | 8 | AED 1,388 per sq ft | 22 |
| Jun 2026 | 14 | AED 1,393 per sq ft | 22 |
| Jul 2026 | 11 | AED 1,301 per sq ft | 52 |
| Aug 2026 | 11 | AED 1,460 per sq ft | 58 |
| Sep 2026 | 17 | AED 1,412 per sq ft | 67 |
| Year | Sales | Median per sq ft |
|---|---|---|
| 2009 | 3 | AED 1,360 per sq ft |
| 2013 | 537 | AED 2,160 per sq ft |
| 2014 | 411 | AED 2,829 per sq ft |
| 2015 | 101 | AED 2,704 per sq ft |
| 2016 | 295 | AED 2,538 per sq ft |
| 2017 | 129 | AED 2,193 per sq ft |
| 2018 | 68 | AED 2,163 per sq ft |
| 2019 | 58 | AED 1,946 per sq ft |
| 2020 | 155 | AED 1,234 per sq ft |
| 2021 | 159 | AED 1,451 per sq ft |
| 2022 | 221 | AED 1,562 per sq ft |
| 2023 | 178 | AED 1,703 per sq ft |
| 2024 | 151 | AED 1,606 per sq ft |
| 2025 | 188 | AED 1,571 per sq ft |
Location
DAMAC TOWERS BY PARAMOUNT is a project in the DLD area Business Bay.
Names as in the registered transactions and rent contracts; company names are not shown.
Buildings in DAMAC TOWERS BY PARAMOUNT
- DAMAC TOWERS BY PARAMOUNT (A) 151 registered transactions and rent contracts in 12 months.
More projects in Business Bay
- Binghatti Aquarise 595 registered transactions and rent contracts in 12 months.
- Binghatti Skyrise 430 registered transactions and rent contracts in 12 months.
- VERA TOWER 382 registered transactions and rent contracts in 12 months.
- Downtown Residences 364 registered transactions and rent contracts in 12 months.
- MAG 318 289 registered transactions and rent contracts in 12 months.
- WINDSOR MANOR 265 registered transactions and rent contracts in 12 months.
Questions about DAMAC TOWERS BY PARAMOUNT
- How many sales were registered in DAMAC TOWERS BY PARAMOUNT?
- 151 sales were registered in DAMAC TOWERS BY PARAMOUNT in Oct 2025 – Sep 2026.
- What is the median price per sq ft in DAMAC TOWERS BY PARAMOUNT?
- The median price of registered sales in DAMAC TOWERS BY PARAMOUNT was AED 1,483 per sq ft in Oct 2025 – Sep 2026.
- What is the median annual rent in DAMAC TOWERS BY PARAMOUNT?
- The median annual rent of registered rent contracts in DAMAC TOWERS BY PARAMOUNT was AED 120,000 in Oct 2025 – Sep 2026.
- What is the gross rental yield in DAMAC TOWERS BY PARAMOUNT?
- The gross rental yield of ready properties in DAMAC TOWERS BY PARAMOUNT was 7.18% in Oct 2025 – Sep 2026, before costs and vacancy.
- Which DLD area is DAMAC TOWERS BY PARAMOUNT in?
- DAMAC TOWERS BY PARAMOUNT is registered in the Dubai Land Department area Business Bay.
Method and source
All Dubai projects with figuresAll Dubai areasHow these figures are calculated
Figures based on fewer than 3 records are not shown.
Source: Dubai Land Department, open data via data.dubai (as of 23 Oct 2026). Prepared by Zolia; not an official product of the Dubai Land Department.
Open data portal: data.dubai · Licence: Dubai Open Data Licence
- Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae