Developer Deal
From
AED 2,754,000
Handover
Q1 2027
Payment Plan
70/30
Down Payment
20%
Back to Developer DealsDeveloperDamacView developer profile
Damac Towers by Paramount
Business Bay, Dubai, UAE
DeveloperDamacView developer profileDLD Waiver
—
Discount
—
Handover
Q3 2019
Post Handover
—
Payment Plan
20%
80%
20% down
About Damac Towers by Paramount
DAMAC Towers by Paramount Hotels & Resorts is a four-tower development unique in its scope and ambition: California cool meets Hollywood glamour at an address as iconic as its neighbourhood, while the city’s most exciting retail and F&B experiences are moments away. Three towers host 1,200 luxury apartments, where the sleek, studio-feel interior theme is inspired by the iconic studios. The…
Floor Plans
Project documents
Brochures
Payment schedule
Main
- Deposit
- 20%
- During construction
- 0%
- On handover
- 80%
Market Intelligence
Completed transactions in Damac Towers By Paramount
Median sale price/sqft
AED 1,486/sqft
Median sale price
AED 2,550,000
Transaction activity
LiquidityLimited
7 sales and 0 rentals in the last 12 months
Primary vs resale
Resale 85.7%Primary 14.3%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-27 | Damac Towers By Paramount A | 1 | 941 sqft | AED 1,650,000 | 1,753 |
| 2024-12-27 | Damac Towers By Paramount A | 3 | 2,023 sqft | AED 3,250,000 | 1,607 |
| 2024-12-26 | Damac Towers By Paramount B | 3 | 1,743 sqft | AED 2,570,000 | 1,474 |
| 2024-12-25 | Damac Towers By Paramount B | 3 | 1,988 sqft | AED 4,000,000 | 2,012 |
| 2024-12-25 | Damac Towers By Paramount D | 1 | 999 sqft | AED 1,380,791 | 1,382 |
| 2024-12-19 | Damac Towers By Paramount B | 2 | 1,514 sqft | AED 2,250,000 | 1,486 |
Completed transactions in Business Bay
Median sale price/sqft
AED 2,226/sqft+9.1%
Median sale price
AED 1,540,000
Gross rental yield
6.2%
Median annual rent
AED 95,040
Median price/sqft over time
Jan 24Range AED 1,993 – AED 2,291Dec 24
Community activity
LiquidityStrongPrice momentumRising
16,111 sales and 26,031 rentals in the last 12 months
Primary vs resale
Primary 52.9%Resale 47%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-31 | Al Habtoor Tower | 2 | 1,468 sqft | AED 4,166,752 | 2,838 |
| 2024-12-31 | Al Habtoor Tower | 3 | 1,820 sqft | AED 6,143,158 | 3,376 |
| 2024-12-31 | Al Habtoor Tower | 3 | 1,820 sqft | AED 6,143,158 | 3,376 |
| 2024-12-31 | Al Habtoor Tower | 2 | 1,468 sqft | AED 4,166,752 | 2,838 |
| 2024-12-30 | Binghatti Skyrise Tower B | Studio | 434 sqft | AED 975,000 | 2,247 |
| 2024-12-30 | Binghatti Skyrise Tower C | 2 | 1,397 sqft | AED 3,241,000 | 2,319 |
Estimates are based on completed transactions and are not an official valuation. Data as of 2024-12-31.
Request the full payment plan for Damac Towers by Paramount
Our team will send you the complete payment schedule, floor plans and current offer from Damac.
- • Full payment plan + down payment
- • Available unit types and launch prices
- • Early-bird offers before public launch
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Frequently asked questions about Damac Towers by Paramount
- What is the handover date for Damac Towers by Paramount?
- Damac Towers by Paramount is scheduled for handover in Q3 2019.
- What is the starting price of Damac Towers by Paramount?
- Prices start from AED 1,135,050. Contact our team for current availability.
- Who is the developer of Damac Towers by Paramount?
- Damac Towers by Paramount is being developed by Damac.
- Where is Damac Towers by Paramount located?
- Damac Towers by Paramount is located in Business Bay, Dubai, UAE.