Business Bay · Dubai
DAMAC Towers by Paramount by Damac Properties
From
AED 1,028,000
≈ $280K · AED 2,279/sqft est.
- Price from
- AED 1.03M
- ≈ $280K
- Per sqft
- AED 2,279
- estimated
- Handover
- Ready
- Payment plan
- —
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.
Homes are handed over and prices start at AED 1,028,000 for what is still on sale.
The figures here are the starting price as published for the project. Confirm the price, unit availability and service charge with the developer before committing.
- Damac apartment tower in Business Bay
- One to three-bedroom apartments from 918 sq ft and serviced apartments
- From AED 1,028,000
- Handed over
- Developer
- Damac Properties
- Area
- Business Bay
- Status
- Ready
- Ownership
- Freehold
Unit types
| 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 |
Rendr score
80of 100 · Good
Based on 5 of 7 factors, 80% of the weight, as of 14 Sep 2026. Not ranked: the ranking lists only published projects still on sale. Our opinion, not investment advice.
Confidence: low — the price figure is our estimate from the starting price and the smallest home, not a registered or stated price.
Every factor, its weight and the data behind it are listed below. The formula is public: how the Rendr score works. A figure you believe is wrong can be checked: write to alexk.dxb02@gmail.com with the source.
How it was scored
Unlock the full breakdown
Every factor, the data behind it, and how the score has changed.
Price against the market
AED 2,279/sqft (est.)
The DLD median for apartments in Business Bay is AED 2,551/sqft (as of 13 Sep 2026). This project's figure is our estimate from the starting price and the smallest unit, so it is not compared: the gap appears once the register shows this project's own sales or the developer states a price per sqft.
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
Location
Mixed-use towers along the Dubai Canal, immediately south of Downtown.
Registration and trust
- Escrow account
- Not published yet
- DLD project registration
- Not published yet
- Developer licence
- Not published yet
- Brochure
- Not published yet
- Figures from
- tanamiproperties.com (tanamiproperties.com/Projects/DAMAC-Towers-by-Paramount), saved 2026-09-13
- Last verified
- 13 Sep 2026
An escrow account is a regulated account the developer cannot draw on freely: your payments go in and are released as building progresses. Escrow accounts and project registrations are published by the Dubai Land Department (DLD) on dubailand.gov.ae. Always check them, and pay into the escrow account only, before handing over a deposit.
Changes
Listed on the site
Source: tanamiproperties.com (tanamiproperties.com/Projects/DAMAC-Towers-by-Paramount), saved 2026-09-13
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DAMAC Towers by Paramount: questions buyers ask
- How much does DAMAC Towers by Paramount cost?
- Prices at DAMAC Towers by Paramount start from AED 1,028,000 (about $280K) for studios, 1-bedroom, 2-bedroom and 3-bedroom homes, which is around AED 2,279 per sqft, estimated from the unit sizes. Asking prices come from the developer and change without notice.
- When does DAMAC Towers by Paramount hand over?
- DAMAC Towers by Paramount is built and handed over, so a home bought here is ready to occupy rather than off-plan.
- Who is the developer of DAMAC Towers by Paramount?
- DAMAC Towers by Paramount is being developed by Damac Properties. It sits in Business Bay, Dubai. You can see every project by Damac Properties we list, and how their asking prices compare with registered sales, on their page.
- Can foreigners buy at DAMAC Towers by Paramount?
- DAMAC Towers by Paramount is in a freehold area, so buyers of any nationality can own a home here outright rather than on a lease. Dubai sets which zones are freehold; confirm the title type on your own unit's contract before paying.
- Is DAMAC Towers by Paramount registered and escrow-protected?
- We do not yet hold a project registration number for DAMAC Towers by Paramount. Every off-plan project must be registered and sell through an escrow account, where the money is released as building progresses. Check both at dubailand.gov.ae before you pay.