Building · Business Bay

Properties for sale in Damac Towers by Paramount Tower A

Nothing for sale here with McCone right now — 633 sales are on record at the Dubai Land Department, below. 1 for rent

Recorded rents and gross yield for Damac Towers by Paramount Tower A

Median sale price
AED 2.53M
200 sales · the last 12 months
Mean AED 3.69M
Median per sq ft
AED 2,849
+78.6% on the year before
Mean AED 2,901
Against Business Bay
20 of 107
Community median AED 2,573 / sq ft
Activity, 90 days
9 sales
1.0× its usual pace · 15th of 40 busiest in Business Bay

The recorded market

Price per square foot, by year

The median of every sale registered at the Dubai Land Department here. Not asking prices.

2,462
2,629
2,447
2,157
2,287
2,099
1,188
1,361
1,518
1,543
1,557
1,610
2,860
2014201520162017201820192020202120222023202420252026

The low was 2020 at AED 1,188 a square foot, and it has recovered 141% since.

What sells here

By size

Registered sales in the last three years. Sizes are the registered floor area.

LayoutTypical sizeMedian priceMean pricePer sq ftSales
1 B/R876 sqft2,116,5002,011,9872,722134
2 B/R1,391 sqft4,315,5003,818,5903,336100
3 B/R2,151 sqft7,735,0005,601,3033,58840

Layouts that have sold fewer than five times in three years are left out — too few to quote a median, so we do not guess at one.

Every sale, as registered

Recent sales in Damac Towers by Paramount Tower A

The last transfers recorded at the Dubai Land Department, newest first.

DateLayoutSizePricePer sq ft
3 Sept 20261 B/R1,0551,490,0001,412
31 Aug 20261 B/R9451,500,0001,587
25 Aug 20261 B/R9451,300,0001,376
18 Aug 20263 B/R2,1547,810,0003,627
17 Aug 20261 B/R1,0411,520,0001,460
12 Aug 20264 B/R2,81311,241,0003,996
24 Jul 20263 B/R2,1547,856,0003,648
22 Jul 20263 B/R2,1517,753,0003,604
22 Jul 20262 B/R1,3304,448,0003,344
3 Jul 20263 B/R1,7442,767,2971,587
22 Jun 20262 B/R1,2664,187,0003,307
17 Jun 20262 B/R1,4465,252,0003,633

How often it trades

Sales per year

Off-plan sales dominate a building’s first years; resales take over after handover.Off-planResale

40
2
5
11
2
13
39
33
79
45
34
40
190
2014201520162017201820192020202120222023202420252026

Of the 633 sales on record, 325 were bought off-plan from the developer and 308 were resales of a finished home. The changeover in 2019 is the handover. The 2026 bar is part-year.

In context

Where it sits in Business Bay

Damac Towers by Paramount Tower A is the 20th most expensive of the 107 Business Bay buildings with at least fifteen recorded sales in the last year. These are its immediate neighbours on price.

RankBuildingSales, 12 monthsMedian per sq ft
17Canal Crown 2152,865
18Damac Towers by Paramount Tower B1682,864
19Canal Heights 2322,851
20Damac Towers by Paramount Tower A2002,849
21Canal Heights362,841
22Canal Crown 1222,834
23One B Tower412,824

Business Bay as a whole: AED 2,573 a square foot across 7,465 sales in the last twelve months.

Where the market is moving

The busiest buildings in Business Bay

Damac Towers by Paramount Tower A ranks 15th of the 40 Business Bay buildings with five or more completed-home sales in the ninety days to 3 Sept 2026. These are the five ahead of it, and its own row.

RankBuildingSales, 90 daysAgainst its usual pace
1Peninsula Three432.0×
2Peninsula Four23New to resale
3Peninsula Two2346.0×
4Noura Tower181.9×
5Nobles Tower161.2×
15Damac Towers by Paramount Tower A91.0×

Completed homes only, by the date the Dubai Land Department registered the transfer — the ninety days to 3 Sept 2026. Buildings with fewer than five sales in the window are not ranked. The ten busiest in Business Bay, with pace against each building’s own year before.

Where these numbers come from. Every figure on this page is drawn from the Dubai Land Department’s transaction register, read directly from the Dubai Data Exchange. It is what buyers actually paid, recorded at transfer — not asking prices, not valuations, not our own estimates. Mortgage registrations, gift transfers, rent-to-own contracts and developers’ own filings are all excluded; none of them is a price a buyer paid. Medians are used rather than averages so one unusual sale cannot move the number. Data through 3 Sept 2026.

We are not marketing anything in Damac Towers by Paramount Tower A today, but we know it and we hear about homes before they list. Tell us what you are after.