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Damac Towers By Paramount

DAMAC · Business Bay · 2,041 homes · Completed

A completed DAMAC project in Business Bay: 2,041 homes, handed over in Nov 2018, on time against the Q4 2018 date on the register. Registered resales from Jul 2025 to Jun 2026 had a median of AED 1,491 per sqft, 31% below the launch quarter.

Updated 27 Oct 2026
Completed Nov 2018On time against Q4 2018 on the register
2,041 homesStudios, 1, 2, 3 and 4+ bedrooms
Business BayDubai Land Department project 443

Prices. Quarter by quarter since launch.

Launch quarter, Q2 2013AED 2,160/sqft
Median paid, Q3 2026AED 1,313/sqft
Sales, Jul 2025 to Jun 2026116
Median paidLatest quarterLaunch quarter AED 2,160
1,0002,0003,000Q2 13: AED 2,160/sqft, 127 salesQ3 13: AED 2,086/sqft, 90 salesQ4 13: AED 2,108/sqft, 59 salesQ1 14: AED 2,564/sqft, 15 salesQ2 14: AED 2,565/sqft, 68 salesQ3 14: AED 2,730/sqft, 26 salesQ4 14: AED 2,375/sqft, 32 salesQ1 15: AED 2,816/sqft, 14 salesQ1 16: AED 2,912/sqft, 23 salesQ2 16: AED 2,359/sqft, 13 salesQ3 16: AED 2,447/sqft, 13 salesQ2 17: AED 2,150/sqft, 29 salesQ3 17: AED 1,926/sqft, 17 salesQ4 17: AED 2,089/sqft, 26 salesQ3 18: AED 2,121/sqft, 24 salesQ4 18: AED 2,101/sqft, 10 salesQ1 19: AED 2,101/sqft, 11 salesQ2 19: AED 2,141/sqft, 14 salesQ3 19: AED 1,278/sqft, 10 salesQ1 20: AED 1,559/sqft, 15 salesQ3 20: AED 1,181/sqft, 29 salesQ4 20: AED 1,134/sqft, 69 salesQ1 21: AED 1,297/sqft, 33 salesQ2 21: AED 1,451/sqft, 19 salesQ3 21: AED 1,275/sqft, 25 salesQ4 21: AED 1,457/sqft, 34 salesQ1 22: AED 1,539/sqft, 58 salesQ2 22: AED 1,575/sqft, 34 salesQ3 22: AED 1,685/sqft, 50 salesQ4 22: AED 1,626/sqft, 47 salesQ1 23: AED 1,777/sqft, 38 salesQ2 23: AED 1,648/sqft, 29 salesQ3 23: AED 1,593/sqft, 29 salesQ4 23: AED 1,531/sqft, 25 salesQ1 24: AED 1,593/sqft, 30 salesQ2 24: AED 1,434/sqft, 29 salesQ3 24: AED 1,520/sqft, 26 salesQ4 24: AED 1,603/sqft, 25 salesQ1 25: AED 1,561/sqft, 34 salesQ2 25: AED 1,521/sqft, 36 salesQ3 25: AED 1,595/sqft, 34 salesQ4 25: AED 1,523/sqft, 33 salesQ1 26: AED 1,452/sqft, 23 salesQ2 26: AED 1,398/sqft, 26 salesQ3 26: AED 1,313/sqft, 30 salesQ2 13Q3 15Q4 17Q1 20Q2 22Q3 24Q3 26
Every quarter as a table
QuarterMedian AED/sqftSales
Q2 20132,160127
Q3 20132,08690
Q4 20132,10859
Q1 20142,56415
Q2 20142,56568
Q3 20142,73026
Q4 20142,37532
Q1 20152,81614
Q1 20162,91223
Q2 20162,35913
Q3 20162,44713
Q2 20172,15029
Q3 20171,92617
Q4 20172,08926
Q3 20182,12124
Q4 20182,10110
Q1 20192,10111
Q2 20192,14114
Q3 20191,27810
Q1 20201,55915
Q3 20201,18129
Q4 20201,13469
Q1 20211,29733
Q2 20211,45119
Q3 20211,27525
Q4 20211,45734
Q1 20221,53958
Q2 20221,57534
Q3 20221,68550
Q4 20221,62647
Q1 20231,77738
Q2 20231,64829
Q3 20231,59329
Q4 20231,53125
Q1 20241,59330
Q2 20241,43429
Q3 20241,52026
Q4 20241,60325
Q1 20251,56134
Q2 20251,52136
Q3 20251,59534
Q4 20251,52333
Q1 20261,45223
Q2 20261,39826
Q3 20261,31330

Median AED per sqft of registered sales, off-plan and ready, through Q3 2026. Quarters with fewer than 10 sales are left out. The launch quarter is the first quarter with 10 or more sales.

Promised vs delivered. Launch to today.

At launchDeliveredHandoverQ4 2018Q4 2018on timePrice / sqftAED 2,160AED 1,49131% under launch, resale median
Against the area. Median paid.
Damac Towers By Paramount1,491

42% under the Business Bay median.

The promised date is the completion date declared on the Dubai Land Department register. A handover is dated by the first ready-market sale on the register, which trails the keys. The launch price is the launch quarter’s median of registered sales, not a brochure. Area medians are every registered home sale in the area, Jul 2025 to Jun 2026.

Questions.

When was Damac Towers By Paramount handed over?

In Nov 2018, when the first ready-market sale was registered. The register declared completion for Q4 2018, so it handed over on time.

What do homes in Damac Towers By Paramount sell for?

From Jul 2025 to Jun 2026, 116 homes sold on the register at a median of AED 1,491 per sqft and AED 1.67M per home. By unit type: 1 BR AED 1.48M (70 sales), 2 BR AED 2.15M (27 sales), 3 BR AED 2.55M (18 sales). These are registered deeds, not the developer's price list.

Who built Damac Towers By Paramount?

DAMAC. The project is registered to DAMAC on the Dubai Land Department register, which lists 260 projects for the developer in Dubai, 120 of them under construction. 24 of its 67 dated handovers came within 3 months of the promised date.

How many homes are in Damac Towers By Paramount?

2,041, as counted on the Dubai Land Department register. The declared mix: 729 studios, 691 1 BR, 360 2 BR, 239 3 BR, 1 4+ BR.

More in Business Bay. 134 projects.

Promised Q4 2026Binghatti SkyriseAED 2,851/sqft paid3,358 homes · buildingPromised Q4 2026Binghatti AquariseAED 2,645/sqft paid1,592 homes · buildingPromised Q3 2026Binghatti SkyhallAED 2,660/sqft paid728 homes · buildingPromised Q4 2030Downtown ResidencesAED 2,761/sqft paid524 homes · buildingPromised Q4 2026Al Habtoor TowerAED 2,769/sqft paid1,739 homes · buildingPromised Q4 2029Bayz 102 By DanubeAED 3,086/sqft paid1,088 homes · buildingUnder constructionTiger Sky TowerAED 2,479/sqft paid849 homes · buildingPromised Q2 2026One By BinghattiAED 3,018/sqft paid755 homes · building

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