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DAMAC Towers by Paramount (C)

A studio in DAMAC Towers by Paramount (C) costs a median AED 809,000.

Satellite view of DAMAC Towers by Paramount (C), Business Bay, Dubai, centred on its registered pin. Apple Maps.
Satellite view of the registered pin · Apple Maps

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

Against this building’s registered sales of the same type.

Ask about DAMAC Towers by Paramount (C) →

Is DAMAC Towers by Paramount (C) a good investment?Pays above the Dubai median; prices are slipping and lots of new supply is coming

  1. Does it pay a good rent?13.3% gross, before the service charge (not on file) (Dubai median 6.8%)13.3%Strength
  2. Are rents going up?New leases: AED 129,000 a year ago, AED 120,000 now (pooled across the project)-7.0%
  3. Are prices going up?Studio: AED 1,694/sqft a year ago, 1,626 now-4.0%Watch
  4. How fast do fees pay back?AED 53,549 in fees to buy a studio: DLD 4%, agent 2% plus VAT, trusteeAED 53,549
  5. Can I sell easily?32 sales in 12 months (28 the year before)32
  6. 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
  7. 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

Check an asking price →How each reading works →

DAMAC Towers by Paramount (C) prices and rents by unit typeA studio costs about AED 809,000

TypeMedian priceGross yieldNew rent12-month changeSales
StudioAED 809,0001,626/sqftlaunch 3,019 -46.1%not yet letnot yet let-4.0%23
1 bedAED 2.00M1,732/sqftlaunch 2,672 -35.2%5.0%-1.6 ptsAED 100,000171 contractsno prior year9
Appreciation, rental income and short-term detail, by unit type

Appreciation

Studio · price per sqft · Business Bay · area median AED 2,363/sqft

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

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.

Median price paid, Studio, as a rolling 3-month median. The band along the bottom is the number of records each month.

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%
5 years ago
2,037
−16%
3 years ago
1,855
−8%
Previous 12 months
1,694
+1%
Last 12 months
1,705
today

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.

DateTypeSqftPriceAED/sqft
6 Oct 2026Studio452AED 765,4171,693
1 Oct 2026Studio476AED 751,3001,577
30 Sept 2026Studio637AED 1,587,0002,490
30 Sept 2026Studio486AED 900,0001,852
31 Aug 2026Studio452AED 732,8001,621
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
9 Apr 2026Studio482AED 1,209,3202,509

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.

70%
TypeNightly, AEDNet revenue at 70%Long-let rentUpliftNet yield
1 bed500 m cluster · 32+ listings seen6840.59/sqftAED 128,306AED 100,0001.3×6.4%

Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.

Nightly 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.

RankBuildingMedian priceAED/sqftGross yield12-month changeSales
92Royal Regency Suites - 268% · Q4 2025 · off-plan 1,734/sqftAED 2.22M1,785+4.7%—+8.8%21
93Regalia By DeyaarCompleted 2026 · off-plan 1,444/sqftAED 1.28M1,782+4.5%6.7%+0.4%105
94J One - 1Completed 2021 · off-plan 1,895/sqftAED 1.28M1,775+4.1%8.1%-12.9%14
95Bays EdgeCompleted 2016 · off-plan 1,700/sqftAED 1.23M1,711+0.3%6.2%+2.4%12
96DAMAC Towers by Paramount (C) · this buildingCompleted 2018 · off-plan 2,651/sqftAED 900,0001,70513.3%+0.7%32
97NoblesCompleted 2024 · off-plan 1,516/sqftAED 1.72M1,681-1.4%7.0%+4.5%56
98Waves towerAED 2.11M1,680-1.5%—-9.1%13
99Bay Square - 11Completed 2014AED 1.05M1,663-2.5%8.6%—3
100Aykon City-Tower BCompleted 2023 · off-plan 1,896/sqftAED 970,9881,650-3.3%—-0.4%108

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 activity

Planned 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 supply

Supply 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 counted
Find service-charge budget evidence for DAMAC Towers by Paramount (C)

Direct 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.

TowerPriceAED/sqftRent a yearGross yield
DAMAC Towers by Paramount (A)—none——none—
DAMAC Towers by Paramount (B)—none——none—
DAMAC Towers by Paramount (C) · this buildingAED 809,00023 sales1,626—none—
DAMAC Towers by Paramount (D)—none——none—
Business Bay: every development at this type
DevelopmentRent a yearPriceAED/sqftGross yield
15 Northside2 towers · rent filed for the projectAED 68,00055 contractsAED 1.02M12 sales2,7156.7%
Aykon City 32 towers—noneAED 1.02M4 sales2,286—
Bay Square11 towers · rent filed for the projectAED 76,93054 contractsAED 1.05M11 sales1,5527.3%
Binghatti Aquarise5 towers—noneAED 1.19M165 sales2,591—
Binghatti Skyrise3 towers—noneAED 1.30M229 sales2,921—
DAMAC Towers by Paramount · this development4 towers—noneAED 809,00023 sales1,626—
J One2 towers · rent filed for the projectAED 75,00012 contractsAED 1.10M7 sales1,8066.8%
Peninsula Five3 towers · rent filed for the projectAED 85,00041 contractsAED 1.48M6 sales2,7815.7%
Prive by DAMAC2 towers · rent filed for the projectAED 69,000327 contractsAED 990,00073 sales2,3677.0%
Royal Regency Suites2 towers—noneAED 1.37M8 sales2,481—
The Atria2 towers—none—1 sale, too few——
All of Business Bayevery building, in a project or notAED 65,0002,815 contractsAED 1.13M1,540 sales2,5005.8%

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.

Pinned from Google's place record for the registered name.Open in Google Maps

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

  1. DAMAC Towers by Paramount (C)AED 1,705
  2. Business Bay, readyAED 1,869
  3. Business Bay, off-planAED 2,685
  4. Dubai, readyAED 1,421
Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Gross yield against the area's buildings

Axis: gross yield, % of price

DAMAC Towers by Paramount (C)Business Bay median building

  1. Business Bay13.3% vs 6.6%
Line: the 10th to 90th percentile of 87 buildings in Business Bay. Gross: before service charge, vacancy and fees. Sources: DLD, Ejari.

Upcoming supply in Business Bay, by handover quarter

Prices per sq ft around DAMAC Towers by Paramount (C), on the map
Pills show median sale price, AED. 119 buildings pinned from Google place records and Apple geocoding · DAMAC Towers by Paramount (C) is the inverted pinOpen in Apple Maps

Before you decide

The facts that can change the return, each with the date it rests on.

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 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.

Residency
More 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.

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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
Method
Definitions and calculations

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