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DAMAC Towers by Paramount, off-plan

Edition DWI-PROJECT-DAMAC-TOWERS-BY-PARAMOUNT
Construction
100%
DLD register, July 2026
Handed over
October 2018
on or before the registered date
Titles issued
100%
981 of 981
Off-plan price
2,248AED/sqft
1,556 off-plan sales, 24 months
Against the locality
+12.1%
off-plan psf vs Business Bay, 110 projects, same 24 months

Registered to Business Bay LLC — see every project on its delivery record.

Construction progress is the percentage DLD inspected and recorded in its project register as of July 2026. The register publishes about two months behind sale records, so this figure is older than the sales data on this site, and it is dated separately for that reason.

Unit mix

From the title register. A unit counts as registered once DLD has issued its title, which for an off-plan project happens at handover — so a live project shows few or none regardless of how many units the developer has sold. The unregistered remainder is not the same as being for sale. Balcony area is a median 17.9% of unit area across the units that register both.

TypeUnitsTitles issuedSize, sqft
1 bed488488100%929–1,055
2 bed302302100%1,388–1,517
3 bed190190100%1,744–2,014
4+ bed11100%2,801–2,801

Sizes are the 10th to 90th percentile of registered floor area, not the extremes: one mislabelled unit would otherwise set the range.

Published buildings in DAMAC Towers by Paramount

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

As registered

Escrow agent
مصرف ابوظبى الاسلامى
Developer, as registered
الخليج التجاري (ش.ذ.م.م)
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.

The developer name is held in Arabic in the register and shown as recorded. Off-plan price is the median of registered off-plan sales across this project's published buildings, 24 months to 2026-08-26; median unit AED 2.46M.

Off-plan record for DAMAC Towers by Paramount

Record type
Project-level off-plan register record
Data date
Evidence base
981 registered units; DLD project register as of 2026-07-06
Sources
Dubai Land Department project register 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 2026-08-26. https://dubaiwealthindex.com/off-plan/apartments/dubai/business-bay/damac-towers-by-paramount.