When will DAMAC Towers by Paramount be completed?

The register records DAMAC Towers by Paramount complete in October 2018. Dubai Land Department project register as of July 2026.

Is DAMAC Towers by Paramount in escrow?

Yes: the Land Department register names مصرف ابوظبى الاسلامى as the project’s escrow agent, the bank that holds buyers’ payments for the developer. Dubai Land Department project register as of July 2026.

Who is the developer of DAMAC Towers by Paramount?

The register names the master developer, Business Bay LLC, which owns the land; the company building the project is not recorded. Dubai Land Department project register as of July 2026.

How many units does DAMAC Towers by Paramount have?

982 registered units, of which 982 have a title issued. A title is issued at handover, so a live project shows few or none however many units have sold. Dubai Land Department project register as of July 2026.

Off-plan · DLD project register as of 6 Jul 2026

DAMAC Towers by Paramount

Completed 2018 · 982 units · started Mar 2008 · Business Bay

Recorded complete in October 2018.

Built100%

Started Mar 2008Completed Oct 2018

DLD project register, Jul 2026

Titles issued: 982 of 982
Escrow: مصرف ابوظبى الاسلامى

Ask about a unit

Is DAMAC Towers by Paramount a safe off-plan buy?Recorded complete in October 2018; no record of the builder

Is it on schedule?Recorded complete in October 2018, on its registered date to the day: the register often stamps one onto the other · DLD project register, Jul 2026100%Context
Is my money protected?The register named the escrow agent: مصرف ابوظبى الاسلامىEscrowContext
Is the price fair?No off-plan sale registered in 12 months to price it onNo record
Is it selling?No off-plan sale registered in 12 months; the last in June 20190Context
Who is building it?The register names the master developer, Business Bay LLC; the builder is not recordedNo record

A registered date is not a delivery forecast · 79% of recorded completions carry their planned date to the day · DLD register, July 2026

How each reading works →

What is being built982 units, mostly one-beds and two-beds; all titled

Type	Units	Titled
1 bed	48850%	929–1,055	488
2 bed	30331%	1,388–1,517	303
3 bed	19019%	1,744–2,014	190
4+ bed	10%	2,801–2,801	1

DLD unit register · balconies a median 18% of unit area

Every unit, floor by floor →

Sizes run from the 10th to the 90th percentile of registered floor area, so one mislabelled unit cannot set the range. A title is issued at handover: a live project shows few or none however many units have sold, and an untitled unit is not necessarily for sale.

Every unit, as registered

982 units in DLD’s register for DAMAC Towers by Paramount, floor by floor.

Show 400 of 982 units

Floor	Unit	Type	Sqft	Balcony	Title issued
8	1 · 801	2 bed	1,345	229	Yes
8	1 · 802	1 bed	949	175	Yes
8	1 · 803	1 bed	1,437	441	Yes
8	1 · 804	2 bed	1,620	362	Yes
8	1 · 805	2 bed	1,848	561	Yes
8	2 · 801	2 bed	1,582	466	Yes
8	2 · 802	1 bed	949	175	Yes
8	2 · 803	1 bed	1,462	466	Yes
8	2 · 804	2 bed	1,697	440	Yes
8	2 · 805	2 bed	2,075	788	Yes

A title is issued at handover. “Not yet” means no title, which a reserved unit and an unsold one share; the register does not say which is for sale.

How other Business Bay projects are tracking2 of the 3 nearest-to-finished are past their registered dates

Project	%
Burj Pacific	99%	Jan 2023 · past date
Al Habtoor Tower	90%	Dec 2026
West Bay Tower	77%	Feb 2024 · past date

“Past date”: the registered date has already passed · 12 of 30 live Business Bay projects past theirs · DLD register and inspections, October 2026

All 117 Business Bay projects →

As registered with the Land DepartmentWhere DAMAC Towers by Paramount is, and who is on its register row

Escrow agent: مصرف ابوظبى الاسلامى
Master developer: Business Bay LLC
Registered start: March 2008
Configuration: 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.

Pills show median resale price per sqft, AED. 4 of 4 published towers pinned; verify a plot before relying on it.Open in Apple Maps

Construction progress is the percentage DLD recorded in its project register as of July 2026, the latest DLD record for this project; the register lags DLD’s inspections by months, so it is dated separately. The developer is the company licensed to build it, by the register’s own licence number; the master developer owns the land under it and is often another company entirely. Off-plan price is the median of registered off-plan sales across this project’s published buildings, 12 months to 12 Oct 2026.

Published buildings in DAMAC Towers by Paramount

Towers inside this project that have enough registered resales for their own record.

DAMAC Towers by Paramount (D)

Business Bay · 44 sales, 12 months

1,327

AED/sqft, resale median

DAMAC Towers by Paramount (A)

Business Bay · 41 sales, 12 months

1,522

AED/sqft, resale median

DAMAC Towers by Paramount (B)

Business Bay · 34 sales, 12 months

1,391

AED/sqft, resale median

DAMAC Towers by Paramount (C)

Business Bay · 32 sales, 12 months

1,705

AED/sqft, resale median

Ask about DAMAC Towers by Paramount

Looking to buy or rent here? Tell us what you need: unit type, budget, timing.

We reply by phone, WhatsApp or email, and put you in touch with a licensed agent.

Common questions

When will DAMAC Towers by Paramount be completed?: The register records DAMAC Towers by Paramount complete in October 2018. Dubai Land Department project register as of July 2026.
Is DAMAC Towers by Paramount in escrow?: Yes: the Land Department register names مصرف ابوظبى الاسلامى as the project’s escrow agent, the bank that holds buyers’ payments for the developer. Dubai Land Department project register as of July 2026.
Who is the developer of DAMAC Towers by Paramount?: The register names the master developer, Business Bay LLC, which owns the land; the company building the project is not recorded. Dubai Land Department project register as of July 2026.
How many units does DAMAC Towers by Paramount have?: 982 registered units, of which 982 have a title issued. A title is issued at handover, so a live project shows few or none however many units have sold. Dubai Land Department project register as of July 2026.

For agents

Send DAMAC Towers by Paramount to a client as a branded report

Create client report

Off-plan record for DAMAC Towers by Paramount

Record type: Project-level off-plan register record
Data date: 2026-10-12
Evidence base: 982 registered units; DLD project register as of 2026-07-06
Sources: Dubai Land Department project register, construction inspections and title register; sale transactions
Canonical record: /off-plan/apartments/dubai/business-bay/damac-towers-by-paramount
Method: Definitions and calculations

Cite as: Dubai Wealth Index. “DAMAC Towers by Paramount, off-plan.” Business Bay, Dubai. Register to 2026-07-06, data to 2026-10-12. https://dubaiwealthindex.com/off-plan/apartments/dubai/business-bay/damac-towers-by-paramount