- Last listed fromper tanamiproperties.com, 13 Sep 2026
- AED 1.03M≈ $280K
- Sold fromDLD, 12 months
- AED 1.79M
- Buyers paid vs DLD median
- +12%
Price, payment plan and homes
Price per tanamiproperties.com, 13 Sep 2026- Last listed from
- AED 1.03M
- ≈ $280K
- Bedrooms
- Studio to 3 bed
- 451 – 2,245 sqft · 799 units
- Payment plan
- Not published
- Handover
- Ready
DLD registered sales
- Sold from
- AED 1.79M
- · 25 sales, 12 months
- Since launch
- +9%
- · AED 1,871 to 2,036 per sqft, 2015 launch to today's resales · Dubai Land Department open data
Homes and floor plans
799 homes · Freehold- StudioHotel apartmentfrom 451 sqftNot listed
- 1 bedHotel apartmentup to 1,580 sqft1-beds paid AED 1.72M – 1.95MNot listed
- 1 bedApartmentfrom 918 sqft1-beds paid AED 1.72M – 1.95MNot listed
- 2 bedApartmentPaid AED 2.49M – 2.73MNot listed
- 3 bedApartmentup to 2,245 sqftNot listed
Paid: middle half of each type's resales, Nov 2025–Sep 2026 · DLD
Full table
| Type | Bedrooms | Size (sqft) |
|---|---|---|
| Hotel apartment · Hotel Rooms | Studio | from 451 |
| Hotel apartment · Hotel Rooms | 1 bed | up to 1,580 |
| Apartment | 1 bed | from 918 |
| Apartment | 2 bed | — |
| Apartment | 3 bed | up to 2,245 |
Payment plan
Damac Properties has not stated one.
Location · Business Bay · Dubai
Mixed-use towers along the Dubai Canal, immediately south of Downtown.
The in-depth review
Why it scores 76
Price per sqft vs registered sales
Dubai Land Department open data · this project as of 2 Oct 2026, the area 4 Oct 2026+12% above what buyers paid nearby
26 finished sales, last 12 months
Finished sales, since 1 Jan 2026, 1,714 registered sales in the area
Our estimate from the listed prices and unit sizes
How this is measured
Buyers paid a median of AED 2,036/sqft in this project (finished sales, last 12 months, 26 registered sales, as of 2 Oct 2026) against the DLD median of AED 1,821/sqft for apartments in Business Bay, as of 4 Oct 2026. DLD registers every sale in Dubai, and names the project on each. Both figures are sales of finished homes: this project's against its area's. Asking from AED 2,279/sqft (est.). Source: Dubai Land Department open data.
How the 76 was scored
5 of 5 factors · 100% of the weight · 1 Nov 2026How each factor was measured
Each factor with what it was measured on. Its score and the reasoning are in the full breakdown.
- Price against what buyers actually paid
- 26 registered finished sales here, against the median of 1,714 finished sales in Business Bay · DLD
- Growth since launch
- 89 off-plan sales in its first year (from Nov 2015), 26 resales in the last 12 months: +9% · Dubai Land Department open data
- Developer track record
- Our rating, 20 delivered projects, how its 33 finished buildings resell and who stands behind it
- Location and infrastructure
- Our rating of Business Bay, and 5 kinds of places measured from the pin · OpenStreetMap
- How big the resale market is
- 1,714 resales of finished apartments in Business Bay this year · DLD
Confidence medium: what buyers paid here is a median of 26 registered sales, against 1,714 in the area; 26 is a small sample for one project.
80 → 76 3 Oct 2026; growth now measuredScored since 26 Sep 2026 · 2 score changes
Not ranked: the ranking lists only projects still on sale.
The formula is public: how the Rendr Score works. Our opinion, not investment advice. A figure you believe is wrong: alexk.dxb02@gmail.com.
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The full breakdown behind the 76
Free for 90 days. One sign-up opens everything on the site: the breakdown behind all 1,626 scored projects, the figures and reasons behind the developers' ranking, and rent, a mortgage and fees in every forecast. Nothing to pay.
- The 26 registered sales here: date, size and price paid
- All 5 factor scores, with the figure and source behind each
- Damac Properties' DLD record: 17 projects, 0 past their date
- Score history since 26 Sep 2026 and why each move happened
See what buyers paid at DAMAC Towers by Paramount, and everything behind the 76.
- Projects scored
- 1,626
- projects scored
- Factors
- 8
- factors, formula public
- Registers
- ADREC · DLD
- registered sales, not asking prices
Handover date
Ready
Handed over
What this means
DAMAC Towers by Paramount has been handed over: homes here are built and ready to move into, so a purchase is a resale rather than off-plan.
DLD registration status
Verified 13 Sep 2026- Project registration1665
- Escrow accountNot published yet
- Developer licenceNot published yet
Where the figures come from
Check it on dubailand.gov.ae. How to read the DLD register.
Figures from tanamiproperties.com, saved 13 Sep 2026, last verified 13 Sep 2026. Construction figure from the DLD's projects file (data.dubai, loaded 2026-06-15), 15 Jun 2026. Launch date from the DLD's projects file (data.dubai, loaded 2026-06-15).
About
DAMAC Towers by Paramount is a completed apartment tower by Damac Properties in Business Bay, Dubai, with one to three-bedroom apartments from about 918 to 2,245 sq ft and studios and one-bedroom serviced apartments from about 451 to 1,580 sq ft.
- Developer
- Damac Properties
- Area
- Business Bay
- Status
- Ready
- Sales launch
- 1 Jul 2015
- Total units
- 799
- Ownership
- Freehold
Amenities
- 24x7 Security
- Basketball Court
- Dining Outlets
- Green Surrounding
- Gymnasium
- Health Care Centre
- Infinity Pool
- Kids Play Area
- Marina & Yacht Club
- Restaurants
- Retail Outlets
- Supermarket
- Swimming Pool
- Tennis Courts
What’s nearby
straight-line distance- Supermarket or mall170 m
- Metro or tram stop530 m
- Hospital or clinic870 m
- School1.3 km
- Beach2.7 km
The nearest of each on OpenStreetMap, Sep 2026.
Rental yield nearby
gross, apartments6.4% in Business Bay. A median rent of AED 113 per sqft a year on 7,717 new tenancy contracts, last 6 months, against AED 1,775 per sqft paid across 1,027 finished sales, last 6 months.
Before service charges, fees and empty periods; our arithmetic on Dubai Land Department open data figures, Oct 2026. The working
More in Business Bay
Compare side by sideAll projects in Business Bay
DAMAC Towers by Paramount: questions buyers ask
How much does DAMAC Towers by Paramount cost?
DAMAC Towers by Paramount was last listed from AED 1,028,000 (about $280K) for studios, 1-bedroom, 2-bedroom and 3-bedroom homes, per tanamiproperties.com on 13 Sep 2026.
What is the price per sqft at DAMAC Towers by Paramount?
Buyers paid a median of AED 2,036 per sqft at DAMAC Towers by Paramount (finished sales, last 12 months, 26 registered sales).
When is the DAMAC Towers by Paramount handover date?
DAMAC Towers by Paramount is built and handed over, so a home bought here is ready to occupy rather than off-plan.
Is DAMAC Towers by Paramount priced above or below what buyers paid nearby?
Buyers paid a median of AED 2,036 per sqft in DAMAC Towers by Paramount (finished sales, last 12 months, 26 registered sales), which is 12% above the median of AED 1,821 per sqft that buyers actually paid for apartments in Business Bay, across 1,714 sales registered with DLD.
How much have prices at DAMAC Towers by Paramount grown since launch?
Registered sales put its launch-year price at a median AED 1,871 per sqft (89 sales from 2015) and its resales over the last 12 months at AED 2,036 per sqft (26 resales): +9%, about 0.8% a year, against 2% a year for comparable buildings launched the same year in Dubai. Source: Dubai Land Department open data; the arithmetic is ours.
What is the Rendr Resale Score of DAMAC Towers by Paramount?
DAMAC Towers by Paramount scores 76 of 100 on the Rendr Resale Score, good, as of 1 Nov 2026; 5 of its 5 factors are assessed, 100% of the weight.
What rental yield do apartments in Business Bay make?
About 6.4% gross for apartments in Business Bay, worked out from DLD's own figures: new tenancy contracts, last 6 months, against finished sales, last 6 months, before service charges and fees.
Who is the developer of DAMAC Towers by Paramount?
DAMAC Towers by Paramount was developed by Damac Properties. It sits in Business Bay, Dubai.
Is DAMAC Towers by Paramount registered with DLD?
DAMAC Towers by Paramount is registered with the Dubai Land Department (DLD) under number 1665. Check it at dubailand.gov.ae before you pay.
Changes
Listed 13 Sep 2026 · 2 changes since, last 4 Oct 2026
Construction 100% complete
Source: the DLD's projects file (data.dubai, loaded 2026-06-15), 15 Jun 2026
Sales launch date set to 1 Jul 2015
Source: the DLD's projects file (data.dubai, loaded 2026-06-15)
Listed on the site
Source: tanamiproperties.com, saved 13 Sep 2026
Still weighing DAMAC Towers by Paramount?
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