Dubai · Business Bay · Off-Plan

Damac Paramount Towers

By DAMAC Properties · Apartments, Hotel apartments · Updated 07 Sep 2026

Damac Paramount Towers by DAMAC Properties, Business Bay
Damac Paramount Towers is a Studio – 4 bed apartments launch by DAMAC Properties in Business Bay, Dubai, priced from AED 1,135,050 to AED 5,515,000, units of 451–2,800 sqft. Entry pricing works out near AED 2,516/sqft versus a registered Business Bay average of AED 2,757/sqft in 2026.
FromAED 1.14M
ToAED 5.51M
BedroomsStudio – 4 bed
Sizes451–2,800 sqft
Entry AED/sqft2,516
DLD avg /sqft2,757

Location: Business Bay

Damac Paramount Towers sits in Business Bay, Dubai. The Dubai Land Department has registered 4,594 sales in Business Bay so far in 2026 at an average of AED 2,757 per sqft, which is the benchmark to hold this launch against. See every project currently selling in Business Bay.

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Buyer questions

How much does Damac Paramount Towers cost?

Launch pricing starts at AED 1,135,050 and runs to about AED 5,515,000 for Studio – 4 bed apartments of 451–2,800 sqft. That is roughly AED 2,516 per sqft at entry, against a Dubai Land Department registered average of AED 2,757 per sqft across 4,594 sales in Business Bay this year.

When is Damac Paramount Towers handing over?

The developer has not published a firm completion date yet; ask us for the current construction schedule. Off-plan instalments are construction-linked and paid into a regulated escrow account, so your money is released to the developer only as build milestones are certified.

Can foreigners buy in Damac Paramount Towers?

Yes. Business Bay is a designated freehold zone in Dubai; buyers of any nationality can hold full title registered at the Dubai Land Department. Purchases from AED 2 million qualify for the 10-year UAE Golden Visa.

Who is the developer of Damac Paramount Towers?

DAMAC Properties. They currently have 80 other projects on sale that we track. Check their delivery record and RERA registration on our developer scorecard before paying a booking deposit.

Check live availability in Damac Paramount Towers

Floor plans, payment schedule and registration costs, same day. RERA 41793.

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