Register check · DAMAC TOWERS BY PARAMOUNT · Business Bay
What does an apartment in DAMAC TOWERS BY PARAMOUNT actually cost?
On the resale market the median of registered prices was most recently around AED 1,445,680 for a 1-bedroom (about AED 1,491 per sqft) and around AED 2,200,000 for a 2-bedroom (about AED 1,517 per sqft). These are actually registered sales, not asking prices.
Source: DLD transaction register, anonymised, analysed by The Access House. As of 30.09.2026. 3724 registered transactions since 06.10.2008.
The registered prices in detail
| Type | Sales | Median price | Median AED/sqft | Areas (sqft) |
|---|---|---|---|---|
| Studio | 185 | 969,000 AED | 1,914 | 451 to 637 |
| 1 bedroom | 528 | 1,445,680 AED | 1,491 | 247 to 1,580 |
| 2 bedrooms | 311 | 2,200,000 AED | 1,517 | 349 to 2,075 |
| 3 bedrooms | 181 | 2,570,000 AED | 1,457 | 872 to 2,247 |
Only genuine transfers (procedure Sell, Sale, Delayed Sell). Mortgages and grants are excluded.
| Type | Sales | Median price | Median AED/sqft |
|---|---|---|---|
| Studio | 630 | 1,366,750 AED | 2,681 |
| 1 bedroom | 533 | 2,164,000 AED | 2,189 |
| 2 bedrooms | 222 | 3,174,500 AED | 2,204 |
| 3 bedrooms | 171 | 3,863,250 AED | 2,163 |
Off-plan also includes early, cheaper launch prices. That is why completed resale can trade above the off-plan median per sqft.
Last registered sale
30.09.2026: a 1 bedroom, around 1,041 sqft, at AED 1,363,400. That is AED 1,309 per sqft.
Rental yield, gross
| Type | Rent p.a. | Purchase price (resale) | Gross |
|---|---|---|---|
| 1 bedroom | 105,000 AED | 1,445,680 AED | 7.3 % |
| 2 bedrooms | 145,000 AED | 2,200,000 AED | 6.6 % |
| 3 bedrooms | 185,000 AED | 2,570,000 AED | 7.2 % |
What the numbers say, and what they do not
- The register knows no condition. Whether a unit is renovated, high floor or with a view is not in it. The range within one type shows that, not the median.
- The yield is gross. Service charge, vacancy and management lower the net yield, which we calculate case by case.
- Resale and off-plan are shown separately. A portal listing is almost always resale, so the fair comparison is the upper table.
Have a concrete offer in DAMAC TOWERS BY PARAMOUNT?
Send it to us. We tell you where the asking price stands against the latest registered sales in the same building, in percent, with the date, without glossing over it.