Business Bay · Ready · 48% of recent sales are 1-bedrooms

Damac Towers by ParamountWhat it sells for

1-bedrooms resell for about AED 1.4M.

At a glance

Updated with deals to 3 Nov 2026
Sells forAED 1.4Mfor a typical 1-bedroom

From 61 resales in the last 12 months.

Sells124sales in the last year
Damac Towers by Paramount
Similar buildings

3.2 times as many resales as the typical similar building, so it's easier to sell when you're ready.

  • 24% lessResales here cost AED 1,374 per sq ft, 24% less than in Business Bay (AED 1,809 per sq ft), from 35 sales here.

What brings you here?

Apartment type

Prices and rents at Damac Towers by Paramount

What should you pay for a 1-bedroom?

AED 1.4M

That's the typical price. 33 of the 61 1-bedrooms resold here in the last year went for AED 1.3M to AED 1.5M. Got an asking price? Enter it below to see how it compares.

Each dot is a real sale here in the last 12 months.

What should you offer first?

AED 1.3M

19 of the 61 1-bedrooms resold here in the last year went for this or less. Start here and leave room to move.

  • Price per sq ft here1,374 nowNo clear move
  • Across Business Bay664 recent resalesDown 8%

What will it really cost you?

Based on the typical 1-bedroom here at AED 1.4M, and renting a 1-bedroom in Business Bay for AED 90k a year.

The mortgage is AED 1,275 a month less than renting.

Before service charges and any change in price.

Owning: mortgage each monthAED 6,225
Renting a 1-bedroom in Business BayAED 7,500

Cash you need

AED 376k

  • Down paymentAED 280,000
  • DLD transfer feeAED 56,580
  • Agency feeAED 29,400
  • Trustee, mortgage and valuationAED 10,290

Over 5 years, buying costs about AED 334k in fees and interest. Renting costs about AED 450k.

Fees: DLD transfer fee 4% plus AED 580; trustee fee AED 4,000 plus VAT; mortgage registration 0.25% of the loan plus AED 290; agency fee 2% plus VAT; bank valuation about AED 3,000. Up to 80% loan for a first home up to AED 5M. Your bank sets your rate.

Will it be easy to sell later?

5 a month

That's how often a 1-bedroom resells here. The building has 3.2 times as many resales as the typical similar building nearby.

Damac Towers by Paramount
AG Tower
Bay Square
Elite Business Bay Residence

Are prices rising or falling?

No clear move

Only 27 resales in the building in the same 3 months of 2025, too few to call a direction.

Nov 2024Oct 2026

Do bigger 1-bedrooms cost more?

Each dot is a 1-bedroom sale here. The line is the going rate: every extra sq ft adds about AED 480. Dots well above the line sold for more than their size explains, so ask what made them worth it.

AED 1.2MAED 1.4MAED 1.6MAED 1.8MAED 2M9009501,0001,0501,1001,1501,2001,250Size, sq ft →

What else could AED 1.4M buy nearby?

AED 210k less

1-bedrooms at AG Tower cost AED 1.19M and rent for AED 81k. That's a 6.8% return. Below: 4 cheaper buildings with a known rent.

  1. BuildingTypical priceRent a yearReturn
  2. Reva Residencessaves AED 400kAED 1MAED 65k a year6.5%
  3. AG Towersaves AED 210kAED 1.19MAED 81k a year6.8%
  4. Regaliasaves AED 100kAED 1.3MAED 85k a year6.5%
  5. Majestinesaves AED 80kAED 1.32MAED 80k a year6.1%
  6. Damac Towers by Paramountyou're hereAED 1.4M

Where is Damac Towers by Paramount?

24% below

the typical resale price per sq ft in Business Bay, over the last 12 months.

Damac Towers by Paramount against Business Bay

  • Damac Towers by ParamountResale, 124 sales in 12 monthsAED 1,434 per sq ft
  • Business BayResale, 2,475 sales in 12 monthsAED 1,875 per sq ft

A 1-bedroom in Business Bay

  • A typical 1-bedroom resells forAED 1.44M
  • New 1-bedroom leases sign forAED 90k a year
  • Rent as a share of the price6.3%

How busy it is

  • Sales in the last 12 months5,782
  • Off-plan share of sales57%

Still selling off-plan nearby

Typical off-plan price per sq ft and sales, last 3 months

See all of Business Bay

Similar buildings

AG Tower

AG Tower

Business Bay

Typical 1-bed
Fewer than 20 sales
Sales, 12 months
39
Bay Square

Bay Square

Business Bay

Typical 1-bed
AED 1.67M resale
Sales, 12 months
38
Majestine

Majestine

Business Bay

Typical 1-bed
Fewer than 20 sales
Sales, 12 months
30

Questions people ask

Quick answers, from the same deals as the rest of this page.

How much is a 1-bedroom in Damac Towers by Paramount?

About AED 1.4M on resale; 33 of 61 sold for AED 1.3M to AED 1.5M.

Is Damac Towers by Paramount easy to resell?

Yes: 124 resales in 12 months, 3.2 times the typical similar building.

About our data

Where our numbers come from

Every number on this page comes from a real deal registered with the Dubai Land Department. Here's how we turn them into prices you can use.

Sales
Every sale of an apartment in Damac Towers by Paramount registered with the Dubai Land Department since January 2024, up to 3 Nov 2026. Sales up to 2 Nov 2026 come from Dubai Real Estate Data, based on DLD open data (CC BY 4.0). Newer sales come straight from the DLD open-data portal.
Leases
Every Ejari lease registered with the Dubai Land Department since January 2026, up to 2 Nov 2026. Leases don't list bedrooms, so we work them out from the size. Lease length comes from the start and end dates.
What we count
Apartments and hotel apartments. Villas and townhouses aren't included yet.
Typical price
The middle deal: half sold for more, half for less. One penthouse can't skew it the way it skews an average.
Typical range
The range we show: from the 25th to the 75th percentile. Fair means inside it. High and low mean outside it.
Time frames
Prices look at the last 12 months of resales. Rents look at new leases since 3 Aug 2026. Price changes compare the last 3 months with the same 3 months a year earlier. Rent changes compare new leases now with those signed from January to March 2026.
Return
A year of typical rent as a share of the typical price, also called gross yield. It comes before service charges, fees and empty months.
Your apartment's value
We start from the typical price at the typical size, then add or take off the going price per sq ft for the difference in size.
When we hold back
We give a price or rent only with at least 10 resales in the last 12 months or 10 new leases in the last 3 months behind it. A project gets its own page with at least 30 sales in 12 months or 30 new leases in 3 months, or with at least 20 sales since January 2024 and 5 of them in the last 12 months. We say prices or rents rose or fell only when the change is over 3% and each period has at least 30 deals. Otherwise we say so and show nearby buildings instead.
What the records leave out
Floor, view, furnishing and condition.

We update with every data release. This page was last updated on 3 Nov 2026.

Free · From deals registered with the DLD

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