DAMAC Towers by Paramount (C)
A studio in DAMAC Towers by Paramount (C) costs a median AED 809,000.
Studio · typical price
809,000AED
AED 1,626/sqft · -4.0% on a year
- vs Business Bay
- 31% below the median
Cost to buy, all inAED 862,549
- Price
- AED 809,000
- DLD fee 4%
- AED 32,360
- Agent 2% + VAT
- AED 16,989
- Trustee
- AED 4,200
Is DAMAC Towers by Paramount (C) a good investment?Pays above the Dubai median; prices are slipping and lots of new supply is coming
- Does it pay a good rent?13.3% gross, before the service charge (not on file) (Dubai median 6.8%)13.3%Strength
- Are rents going up?New leases: AED 129,000 a year ago, AED 120,000 now (pooled across the project)-7.0%
- Are prices going up?Studio: AED 1,694/sqft a year ago, 1,626 now-4.0%Watch
- How fast do fees pay back?AED 53,549 in fees to buy a studio: DLD 4%, agent 2% plus VAT, trusteeAED 53,549
- Can I sell easily?32 sales in 12 months (28 the year before)32
- Is a lot being built nearby?11,591 apartments are planned in Business Bay from 2026 to 2028, equal to 64% of the 18,176 homes let there today. A further 2,730 are past their planned date. Business Bay supply by year →64%Watch
- Did earlier buyers gain?Buyers 5 years ago still 16% down; launch buyers still 43% down, before fees-16.3%Context
Readings use published thresholds · studio figures, the most traded type · Data to 12 Oct 2026
DAMAC Towers by Paramount (C) prices and rents by unit typeA studio costs about AED 809,000
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
Studio · price per sqft · Business Bay · area median AED 2,363/sqft
- 12-month change
- -4.0%
- 3 years
- -12.3% · -4.3%/yr
- 5 years
- -20.4% · -4.5%/yr
- vs area median
- -31.2%
- Rank by price per sqft
- 66th of 79
- Off-plan price gain, 2013–2019
- -39.3% · -4.9%/yr
Read with care
- No rental contracts are registered here yet, so there is no yield and the prices are launch pricing — a pre-handover building. Price growth from launch is not comparable with a let building's.
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Chart data, Studio: Sep 2013, AED 1,141,123; latest, Oct 2026, AED 1,000,929; peak, Sep 2014, AED 1,771,450.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 1,705 · before fees
- Launch, 2013–19
- 2,990
- −43%
- 257 sales
- 5 years ago
- 2,037
- −16%
- 47 sales
- 3 years ago
- 1,855
- −8%
- 40 sales
- Previous 12 months
- 1,694
- +1%
- 28 sales
- Last 12 months
- 1,705
- today
- 32 sales
The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.
32 resales in the last 12 months, against 36 a year on average over 2023–2025.
32 resales in the last 12 months.
Short-term rates around DAMAC Towers by Paramount (C)
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.
Nightly rate through the yearNightly rate through the year
Comparables in Business Bay
Every Business Bay building with a page, ranked by price per sqft over the same 12 months, all unit types. DAMAC Towers by Paramount (C) places 96th of 150; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against DAMAC Towers by Paramount (C) (AED 1,705/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At studio, DAMAC Towers by Paramount (C) has registered sale prices 31% below the Business Bay median price per square foot of 2,363 AED, across 79 eligible buildings. It ranks 66th of 79 by price per square foot in Business Bay.
Market context in Business Bay
Registered sales activity
2,705 ready apartment sales in the 12 months to 2026-10-12.
+5.4% in median AED/sqft versus the preceding year, supported by 2,705 current and 3,581 prior price observations.
Explore sales activityPlanned apartment projects
10,312 known registered units across 12 pending projects planned within one year of the 2026-07-06 register.
10 projects had already passed their planned date; 6 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
11,591 apartments are planned in Business Bay from 2026 to 2028, equal to 64% of the 18,176 homes let there today.
Ready prices per sqft fell in 50% of 131 buildings (counted once per bedroom type) in Business Bay with sales in both years; the typical one moved −0.1%.
The pooled median moved +5.4%: 5.5 points more than the typical building, because different buildings traded in each year.
New-lease rents fell in 79% of 124 buildings (counted once per bedroom type) with leases in both years; the typical one moved −5.6%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
The DAMAC Towers by Paramount towers
4 towers in DAMAC Towers by Paramount, at the bedroom type above.
Business Bay: every development at this typeBusiness Bay: every development at this type
Medians of registered sales and new Ejari leases in the 12 months to 12 Oct 2026, pooled across each development’s towers at studio. A median needs 3 rows; a dash with a count means fewer.
About DAMAC Towers by Paramount (C)
DAMAC Towers by Paramount (C) is an apartment building completed in 2018 in Business Bay. 595 sales are registered with the Dubai Land Department.
Drive times · typical
- Downtown
- 14 min · 5.1 km
- DXB Airport
- 12 min · 12 km
- DIFC
- 11 min · 9.8 km
- Dubai Marina
- 21 min · 24 km
- Palm Jumeirah
- 28 min · 28 km
Nearest, as registered
- Metro
- Burj Khalifa / Dubai Mall Metro Station
- Mall
- Dubai Mall
- Landmark
- Downtown Dubai
DAMAC Towers by Paramount (C): AED 1,705 per sq ft, 17% below the median Business Bay building, and a 13.3% gross yield, in the top tenth of the area
The building's own figures against its area's registered market, last twelve months.
Price per sq ft
Median registered sale price, AED per sq ft, last 12 months
- DAMAC Towers by Paramount (C)AED 1,705
- Business Bay, readyAED 1,869
- Business Bay, off-planAED 2,685
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
DAMAC Towers by Paramount (C)Business Bay median building
- Business Bay13.3% vs 6.6%
Nearby in Business Bay
Prices per sq ft around DAMAC Towers by Paramount (C), on the mapPrices per sq ft around DAMAC Towers by Paramount (C), on the map
DAMAC Towers by Paramount (D)
Business Bay · 44 sales, 12 months
1.50M
AED, resale median · 1,327/sqft
DAMAC Towers by Paramount (A)
Business Bay · 41 sales, 12 months
2.00M
AED, resale median · 1,522/sqft
DAMAC Towers by Paramount (B)
Business Bay · 34 sales, 12 months
1.76M
AED, resale median · 1,391/sqft
Peninsula Four
Business Bay · 215 sales, 12 months
2.04M
AED, resale median · 2,517/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · StudioOn record
- Rental evidence · StudioRead with care
- Service chargeNot on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.Not on record
- Project registerOn record
- Costs not includedNot in the yield
Rent or buy
What owning a studio here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from DAMAC Towers by Paramount (C)’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.
- Monthly mortgage
- —
- 4.5% over 25 years
- Monthly rent
- —
- Cash needed at purchase
- —
Enter a price, a rent, a rate, a term and a horizon to model the comparison.
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Common questions
- What is the rental yield in DAMAC Towers by Paramount (C)?
- No gross yield is published for DAMAC Towers by Paramount (C) as of 2026-10-12: no rental contract is registered for it yet. In the last 12 months it had 23 registered sales and 0 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales. The Business Bay median is 6.8% gross.
- How much does a studio in DAMAC Towers by Paramount (C) cost?
- The median registered sale price is AED 809,000 (1,626 AED/sqft), from 23 Dubai Land Department sales in the last 12 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 12 months have a median of 1,626 AED/sqft, across 23 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
- Have prices in DAMAC Towers by Paramount (C) risen or fallen?
- Median price per square foot moved -4.0% over the last 12 months against the 12 before it, on 23 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
- How do launch and resale median prices in DAMAC Towers by Paramount (C) compare?
- The resale median is -39.3% against the all-history launch median (launches 2013–2019), at Studio, from 629 launch sales and 23 ready resales in the trailing 12 months to 2026-10-12. These are unpaired transaction groups, before costs, not realised buyer returns.
For agents
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DAMAC Towers by Paramount (C) sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 23 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
- Canonical record
- /sale/apartments/dubai/business-bay/damac-towers-by-paramount-c
Cite as: Dubai Wealth Index. “DAMAC Towers by Paramount (C) sale prices and yield.” Business Bay, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/business-bay/damac-towers-by-paramount-c
Stable dataJSON