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Damac Towers By Paramount D
Damac Towers By Paramount DBusiness Bay
1,400,000 AEDmarket
1,432 AED/ft²
Delivered: Q4 2018
Completed
DAMAC Properties

Damac Towers By Paramount D

Business Bay

1 - 3 BedsApartment

Launch price

1,860,000 AED

Payment Plan: 20/-/-
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Buildings
Business Bay
Damac Towers By Paramount D
DAMAC Properties

Damac Towers By Paramount D

Business Bay

1 - 3 BedsApartment

Launch price

1,860,000 AED

Payment Plan: 20/-/-

Damac Towers By Paramount D

Business Bay

by DAMAC Properties

Booking
20%

Booking

Construction
-

Construction

Handover
-

Handover

Local Information

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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.

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Price Analysis for Damac Towers By Paramount D

Apartment

1 B/R

28%
477 units
630 – 3,515 ft²
No market history available yet

Starting price

1.86M

1,981 /ft²

Current price

1.40M

1,432 /ft²

Every bedroom
priced differently.

All chartsLaunch curvesLive comparables

Price History for Damac Towers By Paramount D

DatePriceTypeBeds
28 Apr 20261,286,813Apartment1 B/R1,055 ft²—1,220
28 Apr 20261,211,038Apartment1 B/R929 ft²—1,304
22 Apr 20261,500,000Apartment1 B/R939 ft²—1,597
2 Apr 20261,480,000Apartment1 B/R1,055 ft²—1,403
16 Mar 20261,400,000Apartment1 B/R939 ft²—1,491
2 Mar 20261,489,861Apartment1 B/R1,055 ft²—1,412
27 Feb 20261,300,000Apartment1 B/R939 ft²—1,384
27 Feb 20261,300,000Apartment1 B/R929 ft²—1,399
27 Feb 20261,300,000Apartment1 B/R946 ft²—1,374
21 Jan 20261,260,000Apartment1 B/R946 ft²—1,332
14 Jan 20261,425,000Apartment1 B/R942 ft²—1,513
28 Apr 2026
1,286,813
1 B/RApartment

1,055 ft²

—

1,220

28 Apr 2026
1,211,038
1 B/RApartment

929 ft²

—

1,304

22 Apr 2026
1,500,000
1 B/RApartment

939 ft²

—

1,597

2 Apr 2026
1,480,000
1 B/RApartment

1,055 ft²

—

1,403

16 Mar 2026
1,400,000
1 B/RApartment

939 ft²

—

1,491

2 Mar 2026
1,489,861
1 B/RApartment

1,055 ft²

—

1,412

27 Feb 2026
1,300,000
1 B/RApartment

939 ft²

—

1,384

27 Feb 2026
1,300,000
1 B/RApartment

929 ft²

—

1,399

27 Feb 2026
1,300,000
1 B/RApartment

946 ft²

—

1,374

21 Jan 2026
1,260,000
1 B/RApartment

946 ft²

—

1,332

14 Jan 2026
1,425,000
1 B/RApartment

942 ft²

—

1,513

A little more context
changes the read.

All transactionsAll transactionsSales and RentalsBoth sales and rentalsPrice per ft²Full price per ft²

Showing 11 most recent sales transactions

What's Available for Damac Towers By Paramount D

Unit #TypeBedsFromBuilt-upInt. AreaExt. AreaFloor

No units to display

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Price Trends

For units in Business Bay

Comparable Buildings in Business Bay

Assigned Schools

Affordability

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FAQ

Damac Towers By Paramount D caters primarily to investors and end-users seeking a branded, hotel-inspired residential experience in a central location. The project's Hollywood-themed design and serviced-apartment model appeal to those prioritizing lifestyle amenities and proximity to the commercial hubs of Business Bay and Downtown Dubai.
Damac Towers By Paramount features a unique multi-level podium connecting the four towers, which houses a cinema screening room, themed restaurants, and a resort-style pool deck. Residents also have access to dedicated fitness centers, spa facilities, and Paramount-branded retail spaces that distinguish the complex from standard residential towers in the area.
Burj Khalifa/Dubai Mall Metro Station is the closest transit point, located within a walking distance of approximately 10 to 15 minutes depending on the specific tower access. This proximity allows residents to connect to the wider Dubai Metro network while remaining situated within the Business Bay district.
Damac Towers By Paramount is located in Business Bay, which is a designated freehold area in Dubai. This status allows expatriates and foreign investors to hold full ownership rights over their properties within the development.
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Price Trends

For units in Business Bay

AED/ft²

Mean 1 B/R value
Damac Towers By Paramount D: 1,432

AED/ft²

Mean value
Damac Towers By Paramount D:

The full spread,
reveals the bias.

Every bedroom vs areaDeeper market contextLive benchmarks
Price trends provided by Dubai Land Department.

Comparable Buildings in Business Bay

BuildingPrice per ft²ConstructionHandoverDeveloper
Executive Towers LDubai Properties
1,414 AED/ft²
1.3%
100%
Q4 2009
Executive Towers L
1,414 AED/ft²1.3%
100%
Q4 2009
Dubai Properties logo
Churchill Residency TowerEmirates National Investment
1,395 AED/ft²
2.6%
100%
Q1 2009
Churchill Residency Tower
1,395 AED/ft²2.6%
100%
Q1 2009
Emirates National Investment logo
DAMAC Maison AYKON CityDAMAC Properties
1,690 AED/ft²
18.0%
100%
Q3 2023
DAMAC Maison AYKON City
1,690 AED/ft²18.0%
100%
Q3 2023
DAMAC Properties logo
Executive Towers JDubai Properties
1,572 AED/ft²
9.8%
100%
Q4 2009
Executive Towers J
1,572 AED/ft²9.8%
100%
Q4 2009
Dubai Properties logo
Executive Towers FDubai Properties
1,183 AED/ft²
17.4%
100%
Q4 2009
Executive Towers F
1,183 AED/ft²17.4%
100%
Q4 2009
Dubai Properties logo

The strongest comps
sit beyond the first pass.

Every ranked comparableEvery ranked comparableDeeper yield dataDeeper yield dataCross-building contextCross-building context

Neighborhood Overview

Map showing Business Bay neighborhood outline
© Mapbox © OpenStreetMap · Improve this map
Business Bay
247 Buildings For You
Buy: AED 112K - 550.0M
YoY Price Change: +5.4%
Gross Yield: No rental data available yet
Neighborhood stats provided by Dubai Land Department.