Damac Towers By Paramount ABusiness Bay
1,510,000 AEDmarket
1,549 AED/ft²
Delivered: Q4 2018
Completed
Damac Towers By Paramount A
Business Bay
1 - 3 BedsApartment
Launch price
1,910,000 AED
Booking
20%
Booking
Construction
-
Construction
Handover
-
Handover
Local Information
-- to
Description
DAMAC Towers by Paramount Hotels & Resorts offers apartments and hotel apartments for sale in Business Bay. DAMAC Properties developed this luxury complex, consisting of four towers, each soaring 68 stories high. The project was completed in 2019, featuring 972 apartments and 1024 hotel apartments. Three of the towers house serviced residences, while the fourth is dedicated to the Paramount Hotel Dubai. Residents have convenient access to Sheikh Zayed Road and Al Khail Road. The complex is near The Dubai Mall and Business Bay Metro Station. A multi-level podium connects the towers, providing various amenities.
Price Analysis for Damac Towers By Paramount A
Apartment
1 B/R
22%
477 units
630 – 3,515 ft²
No market history available yet
Starting price
1.91M
1,974 /ft²
Current price
1.51M
1,549 /ft²
Every bedroom
priced differently.
All chartsLaunch curvesLive comparables
Price History for Damac Towers By Paramount A
| Date | Price | Type | Beds | |||
|---|---|---|---|---|---|---|
| 11 May 2026 | 1,304,866 | Hotel Apartment | 1 B/R | 940 ft² | — | 1,388 |
| 29 Apr 2026 | 1,379,623 | Hotel Apartment | 1 B/R | 923 ft² | — | 1,495 |
| 14 Apr 2026 | 1,430,000 | Apartment | 1 B/R | 920 ft² | — | 1,554 |
| 18 Mar 2026 | 1,350,000 | Apartment | 1 B/R | 939 ft² | — | 1,438 |
| 13 Mar 2026 | 1,560,390 | Apartment | 1 B/R | 1,055 ft² | — | 1,479 |
| 17 Feb 2026 | 2,021,000 | Apartment | 1 B/R | 948 ft² | — | 2,132 |
| 27 Jan 2026 | 1,421,550 | Apartment | 1 B/R | 953 ft² | — | 1,492 |
| 21 Jan 2026 | 2,000,000 | Apartment | 1 B/R | 1,056 ft² | — | 1,894 |
| 15 Jan 2026 | 1,530,000 | Apartment | 1 B/R | 940 ft² | — | 1,628 |
11 May 2026
1,304,866
1 B/RHotel Apartment
940 ft²
—
1,388
29 Apr 2026
1,379,623
1 B/RHotel Apartment
923 ft²
—
1,495
14 Apr 2026
1,430,000
1 B/RApartment
920 ft²
—
1,554
18 Mar 2026
1,350,000
1 B/RApartment
939 ft²
—
1,438
13 Mar 2026
1,560,390
1 B/RApartment
1,055 ft²
—
1,479
17 Feb 2026
2,021,000
1 B/RApartment
948 ft²
—
2,132
27 Jan 2026
1,421,550
1 B/RApartment
953 ft²
—
1,492
21 Jan 2026
2,000,000
1 B/RApartment
1,056 ft²
—
1,894
15 Jan 2026
1,530,000
1 B/RApartment
940 ft²
—
1,628
A little more context
changes the read.
All transactionsAll transactionsSales and RentalsBoth sales and rentalsPrice per ft²Full price per ft²
Showing 9 most recent sales transactions
What's Available for Damac Towers By Paramount A
| Unit # | Type | Beds | From | Built-up | Int. Area | Ext. Area | Floor |
|---|---|---|---|---|---|---|---|
No units to display | |||||||
No units to display
Price Trends
For units in Business Bay
Comparable Buildings in Business Bay
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Affordability
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FAQ
Damac Towers By Paramount A primarily attracts investors and professionals seeking a serviced living experience in a central business district. The building's mix of residential units and its association with the Paramount brand appeal to those who value proximity to Downtown Dubai and a hotel-inspired lifestyle.
The building features a shared podium level that houses a cinema, a luxury spa, and themed dining outlets inspired by the Paramount Pictures heritage. Residents also have access to a temperature-controlled swimming pool and a fitness center, distinguishing the complex from standard residential towers in the area.
This development is situated on Al Mustaqbal Street in Business Bay, providing direct access to Sheikh Zayed Road and Al Khail Road. While the development is in a central hub, public transit users typically rely on bus routes like the F41 or a short drive to reach the nearest Red Line metro stations.
The tower is located in Business Bay, which is a designated freehold area in Dubai. This status allows expatriates and international investors to hold full ownership rights over their residential units.
