DLD open data through 22 October 2026 · updated weeklyIndependent: no developer or broker pays to appear or to rank.
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Damac Towers By Paramount

Completed

by Damac Star Properties · Business Bay

Updated 22 October 2026 · Source: DLD open data · Information, not financial advice. Not an official DLD product.

The median sale price in Damac Towers By Paramount is AED 1.65M (AED 1,434 per sqft), 39% below the Business Bay median of AED 2,367 per sqft, from 151 sales in the last 12 months. It is completed and trades as ready homes. The escrow account is at Abu Dhabi Islamic Bank.

Build progress100%
Planned handoverOct 2018
Units2,041
Median priceAED 1.65Mmiddle half AED 1.32M to AED 2.11M
Price / sqftAED 1,434area median AED 2,367
Sales, 12 months1512,792 since launch

Schedule check

Completed. Units trade as ready homes.

Progress gap compares build progress with the share of planned time already used. A project 40% built after using 60% of its planned time shows -20 pts.

Registry details

Project number443
DeveloperDamac Star Properties
BrandDamac Properties
Escrow bankAbu Dhabi Islamic Bank
Start date27 March 2008
Registered8 November 2008
DLD areaBusiness Bay
CommunityBusiness Bay

Compare with other projects in Business Bay

ProjectDeveloperStatusMedian pricePrice / sqftSales
Damac Towers By ParamountDamac Star PropertiesReadyAED 1.65M1,434151
Binghatti SkyriseBinghatti Developers22%AED 1.54M2,944434
One By BinghattiBinghatti Developers50%AED 3.07M2,938212
Burj CapitalCenturion Capital One Properties2%AED 3.86M–140
Bay SquareBusiness BayReadyAED 4.10M1,449119
One River PointDutco Ellington Canal Front Real Estate35%AED 3.65M2,65497
Prive By DamacNamaa Properties DevelopmentReadyAED 1.05M2,22895

Areas: Business Bay

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Questions buyers ask

How much does a home in Damac Towers By Paramount cost?

The median DLD sale price is AED 1.65M (AED 1,434 per sqft), from 151 sales in the last 12 months. The middle half of sales ran from AED 1.32M – AED 2.11M.

Is Damac Towers By Paramount completed?

Yes. The DLD registry lists the project as completed, so units trade as ready homes.

Who is the developer of Damac Towers By Paramount?

Damac Star Properties. The DLD registry lists 1 projects by this developer, 1 of them completed.

Ask before you buy off-plan

  • Is the project registered with DLD and is the escrow account in the developer's name at the bank shown here?
  • What share of the price must be paid before the developer allows resale?
  • What does the sale agreement say about delay compensation and the latest handover date?
  • Is the payment plan linked to construction milestones or to calendar dates?
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Source: DLD project registry and sales, via Dubai Data. Data through 22 October 2026. Registry dates can lag official extensions. Source · ZoneIQ gives information, not financial or investment advice. Figures are medians and estimates. Check any unit yourself before you commit.