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DAMAC Towers by Paramount (C)

A studio in DAMAC Towers by Paramount (C) costs a median AED 825,000 — from 47 sales and 0 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · Studio
21 in 12 months
Rental contracts · Studio
0 in 12 months
Buy
825,000AED
AED 1,705/sqft

Price per sqft: Median of 8 registered sales of ready units in the last 6 months, most recent August 2026.

AED/yr/sqft
Sales
47
Rental contracts
0
Short-let listings seen
12 months
-3.9%
3 years
-12.3%-4.3%/yr
5 years
-20.4%-4.5%/yr

Based on 47 sales and 0 rental contracts in the last 24 months.

DAMAC Towers by Paramount (C) 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, 1,182 registered sales in all — the 47 in the last 24 months are what every median above is computed from.

Yield by bedroom type

TypeMedian priceAED/sqftYield12moSales
StudioAED 825,0001662-3.9%47
1 bedAED 2.00M17325.50%
-1.6 pts
9

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 (C)

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”.
TypeNightly (AED)AED/night/sqftNet revenue at 80%Long-let rentUpliftShort-let yieldListings seen
1 bed500m6840.59AED 149,402AED 110,0001.4×7.47%32+

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.

1 bed: first Oct 2026, 0.56 AED/night/sqft; latest Sep 2027, 0.52 AED/night/sqft; peak Dec 2026, 0.86 AED/night/sqft. 2 bed: first Oct 2026, 0.73 AED/night/sqft; latest Aug 2027, 0.6 AED/night/sqft; peak Jan 2027, 1.24 AED/night/sqft.

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 (C) itself had too few listings of that type to measure.

Off-plan vs resale

Units sold off-plan in DAMAC Towers by Paramount (C) between 2013 and 2019 went for a median of AED 2,655/sqft (AED 1.39M). The same building resells today at AED 1,696/sqft (AED 854,430) — an uplift of -38.4%.

Based on 679 off-plan sales across the building's full history.

Why this uses the full history
This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

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

30 resales in the last 12 months, against 36 a year on average over 2023–2025.

Sales

DateTypeSqftPriceAED/sqft
21 Aug 2026Studio476AED 810,0001,701
13 Aug 2026Studio473AED 809,0001,710
10 Aug 2026Studio451AED 750,0001,662
22 Jul 20261 bed1,058AED 1,634,1491,544

4 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.

Common questions

How much does a studio in DAMAC Towers by Paramount (C) cost?
The median registered sale price is AED 825,000 (1,662 AED/sqft), from 47 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 (C) selling for right now?
Registered sales of ready units in DAMAC Towers by Paramount (C) over the last 6 months have a median of 1,705 AED/sqft, across 8 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 (C) risen or fallen?
Median price per square foot moved -3.9% over the last 12 months against the 12 before it, on 47 registered sales. On a sample this size, read the direction rather than the exact figure.
Did off-plan buyers in DAMAC Towers by Paramount (C) make money?
Units bought off-plan between 2013 and 2019 later resold -39.6% against their launch median. Only units that actually resold can appear, so this figure skews toward the ones that performed.
How many apartments change hands in DAMAC Towers by Paramount (C)?
47 sales were registered with the Dubai Land Department in the last 24 months. Every median on this page rests on those counts.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26. Short-let rates are collected separately from public Airbnb search results.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

DAMAC Towers by Paramount (C) sale record

Record type
Building-level property market record
Data date
Evidence base
47 registered sales in the trailing 24 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
Canonical record
/sale/apartments/dubai/business-bay/damac-towers-by-paramount-c
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “DAMAC Towers by Paramount (C) sale prices and yield.” Business Bay, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/business-bay/damac-towers-by-paramount-c.

Stable dataJSON

Where this data stops

Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.