Damac Towers By Paramount property prices & sales
Damac Towers By Paramount at a glance written from registered records
Damac Towers By Paramount recorded 151 registered sales in the last 12 months, worth AED 263.43M in total. The median price was AED 1,489 per sq ft, down 5.7% on the previous 12 months, and the median sale price was AED 1.64M. 0.0% of these sales were off-plan and 100.0% were ready properties. Across 594 rental contracts registered in the same period, the median annual rent was AED 120,000, an indicative gross yield of 7.3%.
Median price per sq ft by year registered sales
| Year | Sales | Median AED/sq ft | Median price |
|---|---|---|---|
| 2026 | 103 | 1,435 | AED 1.56M |
| 2025 | 188 | 1,572 | AED 1.59M |
| 2024 | 151 | 1,606 | AED 1.97M |
| 2023 | 178 | 1,713 | AED 2.02M |
| 2022 | 221 | 1,562 | AED 1.93M |
| 2021 | 159 | 1,451 | AED 1.33M |
| 2020 | 155 | 1,234 | AED 1.52M |
| 2019 | 66 | 2,090 | AED 1.50M |
| 2018 | 68 | 2,168 | AED 2.15M |
| 2017 | 129 | 2,193 | AED 2.10M |
| 2016 | 296 | 2,539 | AED 1.33M |
Prices by bedroom last 24 months · entry = lower quarter, premium = upper quarter
| Type | Sales | Entry | Typical | Premium | AED/sq ft | Typical size |
|---|---|---|---|---|---|---|
| 1 B/R | 143 | AED 1.39M | AED 1.49M | AED 1.58M | 1,524 | 942 sq ft |
| 2 B/R | 79 | AED 1.96M | AED 2.13M | AED 2.45M | 1,441 | 1,515 sq ft |
| Studio | 50 | AED 750,681 | AED 825,000 | AED 942,899 | 1,676 | 484 sq ft |
| 3 B/R | 48 | AED 2.45M | AED 2.60M | AED 3.09M | 1,489 | 1,747 sq ft |
Who's buying last 12 months
Cash vs mortgage is indicative: new mortgage registrations compared with sales in the same period.
Latest registered sales
| Date | Type | Beds | Building | Sq ft | Price | AED/sq ft |
|---|---|---|---|---|---|---|
| 2026-10-01 | Unit | Studio | Damac Towers By Paramount (C) | 476 | AED 751,300 | 1,577 |
| 2026-09-30 | Unit | 1 B/R | Damac Towers By Paramount (A) | 1,042 | AED 1,363,400 | 1,309 |
| 2026-09-30 | Unit | Studio | Damac Towers By Paramount (C) | 486 | AED 900,000 | 1,852 |
| 2026-09-30 | Unit | Studio | Damac Towers By Paramount (C) | 637 | AED 1,587,000 | 2,490 |
| 2026-09-29 | Unit | 2 B/R | Damac Towers By Paramount (A) | 1,515 | AED 2,957,350 | 1,952 |
| 2026-09-29 | Unit | 2 B/R | Damac Towers By Paramount (A) | 1,388 | AED 2,683,640 | 1,934 |
The full report lists every registered sale, with filters by bedroom and date. Open it free.
Questions about Damac Towers By Paramount
What is the average price per sq ft in Damac Towers By Paramount?
Over the last 12 months the median registered sale price in Damac Towers By Paramount was AED 1,489 per sq ft (-5.7% year on year).
What is the rental yield in Damac Towers By Paramount?
Comparing the median annual rent (AED 120,000) with the median sale price (AED 1,644,516) over the last 12 months gives an indicative gross yield of 7.3%.
How many properties sold in Damac Towers By Paramount in the last 12 months?
151 sales were registered in the last 12 months, 0.0% of them off-plan.
What is the average rent in Damac Towers By Paramount?
The median annual rent across 594 contracts registered in the last 12 months was AED 120,000.
Comparables in Business Bay 12m
Damac Towers By Paramount ranks #109 of 130 by price per sq ft.
| Project | Sales | AED/sq ft |
|---|---|---|
| Lumena Alta by Omniyat | 147 | 6,131 |
| HQ by ROVE | 329 | 4,674 |
| burj capital | 140 | 3,661 |
| Avarra by Palace | 155 | 3,490 |
| Binghatti Skyrise | 392 | 2,938 |
| One by Binghatti | 208 | 2,938 |
| Peninsula Three | 169 | 2,654 |
| Binghatti Aquarise | 577 | 2,625 |
| Peninsula Four | 212 | 2,515 |
| Tiger Sky Tower | 171 | 2,394 |
| Binghatti Skyhall | 228 | 2,364 |
| Damac Towers By Paramount | 151 | 1,489 |
Project record
| Developer | Damac Star Properties (L L C) |
| Status | Finished |
| Completion | 100% |
| Handover | 2018-10-23 |
| Units | 2041 |
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Data sourced from the Dubai Open Data portal (data.dubai) under the Dubai Open Data Licence; originating entity: Dubai Land Department. GetYaData is an independent service and is not affiliated with, endorsed by or associated with the Dubai Land Department or the Government of Dubai. Figures are indicative — not a valuation.
