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

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.






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