Damac Towers By Paramount BBusiness Bay
1,500,000 AEDmarket
1,586 AED/ft²
Delivered: Q4 2018
Completed
Damac Towers By Paramount B
Business Bay
1 - 3 BedsApartment
Launch price
1,860,000 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 B
Apartment
1 B/R
20%
477 units
630 – 3,515 ft²
No market history available yet
Starting price
1.86M
1,981 /ft²
Current price
1.50M
1,586 /ft²
Every bedroom
priced differently.
All chartsLaunch curvesLive comparables
Price History for Damac Towers By Paramount B
| Date | Price | Type | Beds | |||
|---|---|---|---|---|---|---|
| 18 Mar 2026 | 1,250,000 | Apartment | 1 B/R | 1,055 ft² | — | 1,185 |
| 5 Feb 2026 | 1,660,000 | Apartment | 1 B/R | 929 ft² | — | 1,787 |
| 29 Jan 2026 | 1,470,000 | Apartment | 1 B/R | 1,055 ft² | — | 1,393 |
| 21 Jan 2026 | 1,340,000 | Hotel Apartment | 1 B/R | 965 ft² | — | 1,389 |
| 12 Jan 2026 | 1,591,752 | Apartment | 1 B/R | 1,055 ft² | — | 1,509 |
| 12 Dec 2025 | 1,500,000 | Apartment | 1 B/R | 945 ft² | — | 1,587 |
| 8 Dec 2025 | 1,400,000 | Apartment | 1 B/R | 965 ft² | — | 1,451 |
| 14 Nov 2025 | 1,300,000 | Apartment | 1 B/R | 965 ft² | — | 1,347 |
18 Mar 2026
1,250,000
1 B/RApartment
1,055 ft²
—
1,185
5 Feb 2026
1,660,000
1 B/RApartment
929 ft²
—
1,787
29 Jan 2026
1,470,000
1 B/RApartment
1,055 ft²
—
1,393
21 Jan 2026
1,340,000
1 B/RHotel Apartment
965 ft²
—
1,389
12 Jan 2026
1,591,752
1 B/RApartment
1,055 ft²
—
1,509
12 Dec 2025
1,500,000
1 B/RApartment
945 ft²
—
1,587
8 Dec 2025
1,400,000
1 B/RApartment
965 ft²
—
1,451
14 Nov 2025
1,300,000
1 B/RApartment
965 ft²
—
1,347
A little more context
changes the read.
All transactionsAll transactionsSales and RentalsBoth sales and rentalsPrice per ft²Full price per ft²
Showing 8 most recent sales transactions
What's Available for Damac Towers By Paramount B
| 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 B is situated in Business Bay, a central freehold community in Dubai known for its high-rise residential and commercial density. The area offers proximity to major landmarks like Downtown Dubai and the Burj Khalifa, providing residents with an urban environment characterized by canal views and easy access to Sheikh Zayed Road.
The building caters primarily to investors and professionals seeking a serviced lifestyle within a mixed-use complex. The presence of hotel-inspired amenities and the Paramount brand makes it a suitable choice for those prioritizing convenience and a high-end, cinematic-themed aesthetic in a central business district.
This development shares an 8-level podium with the rest of the complex, which houses a screening room, a luxury spa, and a themed pool deck. These facilities, combined with the Paramount-branded retail and dining outlets, offer a distinct lifestyle experience not typically found in standard residential towers.
The tower is located near bus stops such as RBC Tower 2, which provides connections to the wider Business Bay area. While the complex is not immediately adjacent to a metro station, residents can reach the Burj Khalifa/Dubai Mall Metro Station within a short drive or a walk of approximately 20 minutes.
