Dubai Market Data
Registered sales and Ejari contracts, organized for clear comparisons and better property decisions.
Public records · Dubai Land Department
DAMAC TOWERS BY PARAMOUNT
CompletedDeveloped by DAMAC STAR PROPERTIES (L L C). Located in Business Bay.
Construction progress100%Expected 23 Oct 2018
Units2,0415 buildings · 0 villas
Registered sales2,774150 in the last 12 months
Median sale priceAED 1.91MMedian of registered salesAED 2,103/sqft
Registry record
- Project number
- 443
- Name on the register
- داماك تاورز من باراماونت
- Developer
- DAMAC STAR PROPERTIES (L L C)
- Master developer
- الخليج التجاري (ش.ذ.م.م)
- Escrow agent
- ABU DHABI ISLAMIC BANK
- Zoning authority
- Dubai Development Authority (DDA)
- Master project
- Business Bay
- Start date
- 27 Mar 2008
- Expected completion
- 23 Oct 2018
- Actual completion
- 23 Oct 2018
- Cancelled
- Not recorded
- Plots
- 0
- Progress
- 100%
The project is consisting of 3 towers of Deluxe serviced apartments and 1 Tower consisting of a 5 Stars Hotel , with a common podium in Dubai Business Bay. The buildings configuration is 2B+G+8P+61+R and is designed to have a concrete structure and block with internal and external finishes.
Sales evidence
Service charges (2023)
The owner-association charge approved by the Land Department, broken down by cost category. Totalling AED 6,044 per square foot per year — the recurring cost of ownership that an asking price never shows.
| Category | Usage | Managed by | AED/sqft |
|---|---|---|---|
| Services | Residential | LUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C | 7.00 |
| Reserved Fund | Residential | LUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C | 1.00 |
| Shared Services | Residential | LUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C | 4.00 |
| Maintenance | Residential | LUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C | 7.00 |
| Improvement | Residential | LUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C | 1.00 |
| Parking | Residential | LUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C | 1983.00 |
| Utilities Services | Residential | LUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C | 9.00 |
| Management Services | Residential | LUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C | 1.00 |
| Income | Residential | LUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C | 0.00 |
| Services | Residential | LUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C | 7.00 |
| Reserved Fund | Residential | LUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C | 1.00 |
| Shared Services | Residential | LUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C | 4.00 |
| Maintenance | Residential | LUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C | 7.00 |
| Improvement | Residential | LUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C | 1.00 |
| Parking | Residential | LUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C | 1983.00 |
| Utilities Services | Residential | LUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C | 9.00 |
| Management Services | Residential | LUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C | 1.00 |
| Income | Residential | LUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C | 0.00 |
| Services | Residential | LUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C | 7.00 |
| Reserved Fund | Residential | LUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C | 1.00 |
| Shared Services | Residential | LUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C | 4.00 |
| Maintenance | Residential | LUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C | 7.00 |
| Improvement | Residential | LUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C | 1.00 |
| Parking | Residential | LUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C | 1983.00 |
| Utilities Services | Residential | LUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C | 10.00 |
| Management Services | Residential | LUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C | 1.00 |
| Income | Residential | LUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C | 0.00 |
| Services | Residential | LUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C | 0.00 |
| Shared Services | Residential | LUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C | 4.00 |
| Maintenance | Residential | LUXURY OWNER ASSOCIATION MANAGEMENT SERVICES CO. L.L.C | 0.00 |
Registered sales in this project
All sales| Date | Community | Project / building | Type | Beds | Size | Price/sqft | Price |
|---|---|---|---|---|---|---|---|
| 9 Oct 2026 | Business Bay | DAMAC TOWERS BY PARAMOUNTBusiness Bay | FlatResidential · Existing Properties | 1 B/R | 929 sqft | AED 1,319/sqft | AED 1,225,000 |
| 7 Oct 2026 | Business Bay | DAMAC TOWERS BY PARAMOUNTBusiness Bay | FlatResidential · Existing Properties | 1 B/R | 1,055 sqft | AED 1,302/sqft | AED 1,374,222 |
| 6 Oct 2026 | Business Bay | DAMAC TOWERS BY PARAMOUNTBusiness Bay | Hotel RoomsHospitality · Existing Properties | Studio | 452 sqft | AED 1,693/sqft | AED 765,417 |
| 1 Oct 2026 | Business Bay | DAMAC TOWERS BY PARAMOUNTBusiness Bay | Hotel RoomsHospitality · Existing Properties | Studio | 476 sqft | AED 1,577/sqft | AED 751,300 |
| 30 Sept 2026 | Business Bay | DAMAC TOWERS BY PARAMOUNTBusiness Bay | Hotel RoomsHospitality · Existing Properties | Studio | 637 sqft | AED 2,490/sqft | AED 1,587,000 |
| 30 Sept 2026 | Business Bay | DAMAC TOWERS BY PARAMOUNTBusiness Bay | Hotel RoomsHospitality · Existing Properties | Studio | 486 sqft | AED 1,852/sqft | AED 900,000 |
| 30 Sept 2026 | Business Bay | DAMAC TOWERS BY PARAMOUNTBusiness Bay | FlatResidential · Existing Properties | 1 B/R | 1,042 sqft | AED 1,309/sqft | AED 1,363,400 |
| 29 Sept 2026 | Business Bay | DAMAC TOWERS BY PARAMOUNTBusiness Bay | FlatResidential · Existing Properties | 2 B/R | 1,388 sqft | AED 1,934/sqft | AED 2,683,640 |
| 29 Sept 2026 | Business Bay | DAMAC TOWERS BY PARAMOUNTBusiness Bay | FlatResidential · Existing Properties | 2 B/R | 1,515 sqft | AED 1,952/sqft | AED 2,957,350 |
| 23 Sept 2026 | Business Bay | DAMAC TOWERS BY PARAMOUNTBusiness Bay | FlatResidential · Existing Properties | 3 B/R | 1,744 sqft | AED 1,319/sqft | AED 2,300,000 |
| 23 Sept 2026 | Business Bay | DAMAC TOWERS BY PARAMOUNTBusiness Bay | Hotel ApartmentHospitality · Existing Properties | 2 B/R | 1,388 sqft | AED 1,317/sqft | AED 1,827,156 |
| 21 Sept 2026 | Business Bay | DAMAC TOWERS BY PARAMOUNTBusiness Bay | FlatResidential · Existing Properties | 2 B/R | 1,394 sqft | AED 1,255/sqft | AED 1,750,000 |
| 18 Sept 2026 | Business Bay | DAMAC TOWERS BY PARAMOUNTBusiness Bay | FlatResidential · Existing Properties | 3 B/R | 1,747 sqft | AED 1,317/sqft | AED 2,300,000 |
| 16 Sept 2026 | Business Bay | DAMAC TOWERS BY PARAMOUNTBusiness Bay | FlatResidential · Existing Properties | 3 B/R | 1,747 sqft | AED 1,259/sqft | AED 2,200,000 |
| 16 Sept 2026 | Business Bay | DAMAC TOWERS BY PARAMOUNTBusiness Bay | FlatResidential · Existing Properties | 1 B/R | 1,055 sqft | AED 1,279/sqft | AED 1,350,000 |
| 11 Sept 2026 | Business Bay | DAMAC TOWERS BY PARAMOUNTBusiness Bay | FlatResidential · Existing Properties | 3 B/R | 1,744 sqft | AED 1,434/sqft | AED 2,500,000 |
| 9 Sept 2026 | Business Bay | DAMAC TOWERS BY PARAMOUNTBusiness Bay | FlatResidential · Existing Properties | 3 B/R | 1,997 sqft | AED 1,522/sqft | AED 3,040,000 |
| 8 Sept 2026 | Business Bay | DAMAC TOWERS BY PARAMOUNTBusiness Bay | Hotel ApartmentHospitality · Existing Properties | 3 B/R | 1,746 sqft | AED 1,489/sqft | AED 2,600,000 |
| 7 Sept 2026 | Business Bay | DAMAC TOWERS BY PARAMOUNTBusiness Bay | FlatResidential · Existing Properties | 2 B/R | 1,388 sqft | AED 1,441/sqft | AED 2,000,000 |
| 3 Sept 2026 | Business Bay | DAMAC TOWERS BY PARAMOUNTBusiness Bay | FlatResidential · Existing Properties | 1 B/R | 1,055 sqft | AED 1,412/sqft | AED 1,490,000 |
| 1 Sept 2026 | Business Bay | DAMAC TOWERS BY PARAMOUNTBusiness Bay | FlatResidential · Existing Properties | 2 B/R | 1,394 sqft | AED 1,184/sqft | AED 1,650,000 |
| 31 Aug 2026 | Business Bay | DAMAC TOWERS BY PARAMOUNTBusiness Bay | Hotel RoomsHospitality · Existing Properties | Studio | 452 sqft | AED 1,621/sqft | AED 732,800 |
| 31 Aug 2026 | Business Bay | DAMAC TOWERS BY PARAMOUNTBusiness Bay | FlatResidential · Existing Properties | 1 B/R | 945 sqft | AED 1,587/sqft | AED 1,500,000 |
| 25 Aug 2026 | Business Bay | DAMAC TOWERS BY PARAMOUNTBusiness Bay | FlatResidential · Existing Properties | 1 B/R | 945 sqft | AED 1,376/sqft | AED 1,300,000 |
| 21 Aug 2026 | Business Bay | DAMAC TOWERS BY PARAMOUNTBusiness Bay | Hotel RoomsHospitality · Existing Properties | Studio | 476 sqft | AED 1,701/sqft | AED 810,000 |
Source: Dubai Land Department open data, retrieved from the Digital Dubai data.dubai platform. Figures cover registered transactions and Ejari-registered tenancy contracts, and are statistical summaries of public record — not a valuation of any individual property. Registration data can be amended or backdated by the source after first publication. Refresh times vary by dataset; records shown here are not a live feed.