What is the rental yield in DAMAC Towers by Paramount (D)?

DAMAC Towers by Paramount (D) returns 8.80% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 356 rental contracts registered in the last 24 months.

How much does a 1 bedroom in DAMAC Towers by Paramount (D) cost?

The median registered sale price is AED 1.40M (1,417 AED/sqft), from 52 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

What are apartments in DAMAC Towers by Paramount (D) selling for right now?

Registered sales of ready units in DAMAC Towers by Paramount (D) over the last 3 months have a median of 1,310 AED/sqft, across 5 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.

Have prices in DAMAC Towers by Paramount (D) risen or fallen?

Median price per square foot moved -7.6% over the last 12 months against the 12 before it, on 52 registered sales. On a sample this size, read the direction rather than the exact figure.

How does DAMAC Towers by Paramount (D) compare with Business Bay?

Its 8.80% gross yield sits +1.7 pts against the Business Bay median of 7.14%, computed at the same bedroom grain over the same 24-month window.

DAMAC Towers by Paramount (D) — rental prices & yield

Buy: 1.40MAED; AED 1,310/sqft
Long-let: 110,000AED; AED 112/sqft · 8.80%
Short-let: 14.15%; AED 871/night · 0.88/sqft

Price per sqft: Median of 5 registered sales of ready units in the last 3 months, most recent August 2026.

Priced off 5 sales in the last 3 months.

Yield spread: +1.7 pts; vs the Business Bay median for this unit type
Turnover upside: +4.8%; new tenants pay more than sitting ones — 140 renewals
AED/yr/sqft: AED 112
Sales: 52
Rental contracts: 356
Renewal rent: AED 105,000/yr

12 months: -4.5%
3 years: +1.0%+0.3%/yr

Based on 52 sales and 356 rental contracts in the last 24 months. Rental data covers the whole DAMAC Towers by Paramount project, not this tower alone.

DAMAC Towers by Paramount (D) is an apartment building in Business Bay, Dubai, one of the towers in the DAMAC Towers by Paramount development. The closest metro station is Burj Khalifa / Dubai Mall Metro Station, the nearest mall Dubai Mall and the nearest landmark Downtown Dubai. Land Department records for it run from 2015 to 2026, 792 registered sales in all — the 52 in the last 24 months are what every median above is computed from.

Rent history

Median annual rent per sqft registered in DAMAC Towers by Paramount (D), by year.

Monthly median AED per sqft per year, smoothed over three months. The band along the bottom is the number of records each month.

Rents by bedroom type

Type	Median rent	AED/yr/sqft	Yield	Contracts
1 bed	AED 110,000	112	8.80% +1.7 pts	356
2 bed	AED 150,000	104	8.33% +1.7 pts	194
3 bed	AED 187,000	103	8.50% +1.7 pts	153

Deltas compare each yield with the Business Bay median for the same unit type. How these yields are computed

How these yields are computed

Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around DAMAC Towers by Paramount (D)

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured

Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.

Type	Nightly (AED)	AED/night/sqft	Net revenue at 80%	Long-let rent	Uplift	Short-let yield	Listings seen
1 bed	871	0.88	AED 198,320	AED 110,000	1.8×	14.15%	6+
2 bed	1,095	0.75	AED 245,532	AED 150,000	1.6×	12.53%	5+
3 bed500m	982	0.55	AED 212,362	AED 187,000	1.1×	8.49%	7+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts

Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because DAMAC Towers by Paramount (D) itself had too few listings of that type to measure.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

47 resales in the last 12 months, against 46 a year on average over 2023–2025.

Sales

Date	Type	Sqft	Price	AED/sqft
17 Aug 2026	1 bed	1,250	AED 1,530,000	1,224
13 Aug 2026	1 bed	965	AED 1,200,000	1,243
24 Jul 2026	2 bed	1,388	AED 1,800,000	1,297
14 Jul 2026	1 bed	939	AED 1,230,000	1,310
14 Jul 2026	2 bed	1,476	AED 1,920,000	1,301
9 Jul 2026	2 bed	1,515	AED 1,680,000	1,109
9 Jul 2026	3 bed	1,747	AED 2,200,000	1,259
7 Jul 2026	3 bed	1,747	AED 2,050,000	1,174
6 Jul 2026	2 bed	1,523	AED 1,845,033	1,212
9 Jun 2026	2 bed	1,500	AED 1,752,319	1,168
9 Jun 2026	1 bed	1,056	AED 1,470,000	1,393
2 Jun 2026	1 bed	945	AED 1,250,000	1,323

12 resales in the last 3 months.

Rental contracts

The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.

Nearby

Metro: Burj Khalifa / Dubai Mall Metro Station
Mall: Dubai Mall
Landmark: Downtown Dubai

Compare with nearby buildings

The most-traded buildings in DAMAC Towers by Paramount, on the same figures over the same window.

Highest rental yields in Business Bay · DAMAC Towers by Paramount (D) places 43rd of 84

Common questions

What is the rental yield in DAMAC Towers by Paramount (D)?: DAMAC Towers by Paramount (D) returns 8.80% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 356 rental contracts registered in the last 24 months.
How much does a 1 bedroom in DAMAC Towers by Paramount (D) cost?: The median registered sale price is AED 1.40M (1,417 AED/sqft), from 52 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in DAMAC Towers by Paramount (D) selling for right now?: Registered sales of ready units in DAMAC Towers by Paramount (D) over the last 3 months have a median of 1,310 AED/sqft, across 5 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in DAMAC Towers by Paramount (D) risen or fallen?: Median price per square foot moved -7.6% over the last 12 months against the 12 before it, on 52 registered sales. On a sample this size, read the direction rather than the exact figure.
How does DAMAC Towers by Paramount (D) compare with Business Bay?: Its 8.80% gross yield sits +1.7 pts against the Business Bay median of 7.14%, computed at the same bedroom grain over the same 24-month window.

DAMAC Towers by Paramount (D)