Palm Jumeirah AED 3,524/sqftDubai Maritime City AED 3,152/sqftDowntown Dubai AED 2,905/sqftDubai Islands AED 2,770/sqftDubai Creek Harbour AED 2,563/sqftBusiness Bay AED 2,509/sqftDubai Marina AED 2,481/sqftDubai Hills Estate AED 2,448/sqftJumeirah Lakes Towers AED 2,306/sqftMohammed Bin Rashid City AED 2,097/sqftAl Jaddaf AED 2,049/sqftJumeirah Village Triangle AED 1,665/sqftDubai South AED 1,652/sqftArjan AED 1,584/sqftJumeirah Village Circle AED 1,491/sqftDubai Sports City AED 1,328/sqftALL DLD SALES · OFF-PLAN + EXISTINGPalm Jumeirah AED 3,524/sqftDubai Maritime City AED 3,152/sqftDowntown Dubai AED 2,905/sqftDubai Islands AED 2,770/sqftDubai Creek Harbour AED 2,563/sqftBusiness Bay AED 2,509/sqftDubai Marina AED 2,481/sqftDubai Hills Estate AED 2,448/sqftJumeirah Lakes Towers AED 2,306/sqftMohammed Bin Rashid City AED 2,097/sqftAl Jaddaf AED 2,049/sqftJumeirah Village Triangle AED 1,665/sqftDubai South AED 1,652/sqftArjan AED 1,584/sqftJumeirah Village Circle AED 1,491/sqftDubai Sports City AED 1,328/sqftALL DLD SALES · OFF-PLAN + EXISTING
DLD · MEDIAN 12M TO OCT 2026

Dubai Land Department register

DAMAC Towers by Paramount

CompletedBusiness BayCompletion on file Oct 2018

2,041 homes on the DLD register in Business Bay, filed by DAMAC Star Properties (L L C). 2,772 sales have been registered against it between 6 Oct 2008 and 1 Oct 2026.

Construction completeCompleted

Recorded at DLD's site inspection of 23 Oct 2018. That is an inspector's last visit, not today — the site has moved on since.

Developer entityDAMAC Star Properties (L L C)
Area (DLD)Business Bay
StatusCompleted
Homes2,041
Registered sales2,772
Project registry

THE DLD RECORD

Registry as at 4 Oct 2026
Registered developer entityDAMAC Star Properties (L L C)
Area (DLD)Business Bay
Master communityBusiness Bay
Project statusCompleted
Construction progress100.00% complete (DLD inspection, 23 Oct 2018)
Homes registered2,041
Buildings5
Registered start27 Mar 2008
Registered completion date23 Oct 2018
DLD project number443
Description as recorded by DLD

The project is consisting of 3 towers of Deluxe serviced apartments and 1 Tower consisting of a 5 Stars Hotel , with a common podium in Dubai Business Bay. The buildings configuration is 2B+G+8P+61+R and is designed to have a concrete structure and block with internal and external finishes.

Reproduced from the register verbatim, including its own abbreviations. It is the developer’s filed description, not our assessment of the project.

Project escrow account
Escrow trustee bankAbu Dhabi Islamic Bank
Escrow account15808213

Under Dubai Law No. 8 of 2007 every payment on a registered off-plan project goes into that project’s escrow account, held at a DLD-approved trustee bank and released to the developer against verified construction progress — not to the developer direct and not to a broker. Check these details in DLD’s own Dubai REST app against the project number above before you transfer anything, and treat any account number that differs from the one DLD shows as a reason to stop. Substituted account details are a known fraud in this market. Reproduced from the DLD register as at 4 Oct 2026; account details can change, and DLD’s record is the authority, not this page.

Source: Dubai Land Department project register. The developer, area, counts and filed dates are as recorded at 4 Oct 2026; the project status and escrow details as at 4 Oct 2026. Construction progress carries the date of the DLD site inspection that produced it, which is a different date again and is stated on the row — where the register holds no dated inspection, no percentage is published rather than an undated one. “Registered completion date” is the completion date on file at DLD; it is a date on record, not a guarantee of handover, and where that date has already passed it means only that the register has not been updated, not that the project handed over. Homes counted as registered apartments plus registered villas. Figures on this panel are the registry’s, and are stated as at different dates from the transaction figures elsewhere on the page. Registered completion: Oct 2018.

Registered sales

REGISTERED SALE PRICES

DLD register · as at 5 Oct 2026

2,772 sales were registered against DAMAC Towers by Paramount between 6 Oct 2008 and 1 Oct 2026 — a span of 216 months. Those are completed registrations at the Dubai Land Department, not asking prices or listings.

Median AED/sqft
1,483
Across 170 apartment and villa sales since 28 Apr 2025
Median price
AED 1.57m
Median size 1,055 sqft
Registered sales
2,772
6 Oct 2008 to 1 Oct 2026
Vs area median
-22.3%
Business Bay: 1,909 AED/sqft, 2,308 sales, resale only, 12 months to 5 Oct 2026

The two figures behind that percentage are not drawn on the same population. This project’s median covers every registration type across the whole register we hold (28 Apr 2025 to 5 Oct 2026). The area figure covers resale only in Business Bay over the 12 months to 5 Oct 2026, pooled on the transaction register’s own area name, which does not always match the project register’s name shown above. Unit mix, floor level and view are not controlled for on either side, and neither is use class: DLD registers offices and shops as units, so registered retail and office sales are pooled into both figures, and retail trades at a materially higher rate per square foot than residential stock in the same building. In sectors where commercial space is a large share of what registers, the area figure sits well above the residential rate. Read it as an indication of where this project sits in its area, not as a like-for-like comparison.

Median AED/sqft by quarter
1,491Q2 2025n=151,527Q3 2025n=301,559Q4 2025n=321,470Q1 2026n=301,410Q2 2026n=331,394Q3 2026n=30

Q3 2025 median 1,527 AED/sqft over 30 sales; Q3 2026 median 1,394 AED/sqft over 30 sales — a change of -8.7% between those two quarters. Unit mix, floor level and view are not controlled for, so this is not a like-for-like comparison of the same unit.

A quarter with fewer than 20 registered sales is drawn hollow, with its sale count underneath. The change between quarters is quoted only between quarters that reached 20. Points are spaced evenly rather than by date.

By unit size
TypeSalesMedian sizeMedian AED/sqft
Studio23483 sqft1,621
1 bedroom83945 sqft1,491
2 bedrooms391,515 sqft1,330
3 bedrooms241,747 sqft1,448
4 bedrooms12,801 sqft1,910

Every band shows its median with its sale count. A band with fewer than 5 registered sales is shown in a lighter tone: read it as those sales, not as the rate for that unit type.

Registration timing
Registration typeSalesMedian AED/sqft
Registered before completion0—
Registered after completion1701,483

DLD splits registrations by timing: an off-plan registration is entered before the unit legally completes, an existing registration after. Where both appear, the gap between them reflects that difference as much as any movement in value. A side with fewer than 5 registered sales is shown in a lighter tone: read it as those sales, not as a rate.

Buildings in the register
BuildingSales
DAMAC TOWERS BY PARAMOUNT (D)43
DAMAC TOWERS BY PARAMOUNT (B)31
DAMAC TOWERS BY PARAMOUNT (A)28
DAMAC TOWERS BY PARAMOUNT (C)26
The last 12 registrations to 5 Oct 2026
DateTypeUnitSizePriceAED/sqft
17 Sep 2026Existing3 bedrooms1,747 sqftAED 2,300,0001,317
16 Sep 2026Existing1 bedroom1,055 sqftAED 1,350,0001,279
15 Sep 2026Existing3 bedrooms1,747 sqftAED 2,200,0001,259
11 Sep 2026Existing3 bedrooms1,744 sqftAED 2,500,0001,434
8 Sep 2026Existing3 bedrooms1,746 sqftAED 2,600,0001,489
4 Sep 2026Existing2 bedrooms1,388 sqftAED 2,000,0001,441
2 Sep 2026Existing1 bedroom1,055 sqftAED 1,490,0001,412
31 Aug 2026Existing2 bedrooms1,394 sqftAED 1,650,0001,184
31 Aug 2026ExistingStudio452 sqftAED 732,8001,621
29 Aug 2026Existing1 bedroom945 sqftAED 1,500,0001,587
24 Aug 2026Existing1 bedroom945 sqftAED 1,300,0001,376
20 Aug 2026ExistingStudio476 sqftAED 810,0001,701

Basis: Dubai Land Department transaction register, arm’s-length sales of units and villas only. Gifts, mortgage registrations, zero-price rows, land plots and whole-building transfers are excluded, as are AED/sqft values outside 100–20,000. Figures are medians, not averages. The medians, trend and quarterly table above are drawn on the part of the register we hold in full detail, which runs from 28 Apr 2025 to 5 Oct 2026; 28 Apr 2025 is the earliest date there, not the date this project started selling. The sale count and date span in the opening sentence cover all registered history to 2 Oct 2026, from the transaction feed below. This page is a dated extract taken on 6 Oct 2026, not a live query. Past registered prices are evidence of what has been paid, not a forecast of future value.

Transaction history

ALL REGISTERED SALES

DLD register · to 2 Oct 2026
Median AED/sqft, last 6 months, apartments and villas
1,350
Across 62 registered sales to 2 Oct 2026
Registered sales, all time
2,772
6 Oct 2008 to 1 Oct 2026
The latest 25 of 2,772 sales, newest first
DateProperty typeBedroomsArea (sq ft)Price (AED)AED per sq ft
1 Oct 2026Hotel RoomsStudio476751,3001,577
30 Sep 2026Hotel RoomsStudio6371,587,0002,490
30 Sep 2026Hotel RoomsStudio486900,0001,852
30 Sep 2026Flat1 B/R1,0421,363,4001,309
29 Sep 2026Flat2 B/R1,3882,683,6401,934
29 Sep 2026Flat2 B/R1,5152,957,3501,952
23 Sep 2026Hotel Apartment2 B/R1,3881,827,1561,317
23 Sep 2026Flat3 B/R1,7442,300,0001,319
21 Sep 2026Flat2 B/R1,3941,750,0001,255
18 Sep 2026Flat3 B/R1,7472,300,0001,317
16 Sep 2026Flat1 B/R1,0551,350,0001,279
16 Sep 2026Flat3 B/R1,7472,200,0001,259
11 Sep 2026Flat3 B/R1,7442,500,0001,434
9 Sep 2026Flat3 B/R1,9973,040,0001,522
8 Sep 2026Hotel Apartment3 B/R1,7462,600,0001,489
7 Sep 2026Flat2 B/R1,3882,000,0001,441
3 Sep 2026Flat1 B/R1,0551,490,0001,412
1 Sep 2026Flat2 B/R1,3941,650,0001,184
31 Aug 2026Flat1 B/R9451,500,0001,587
31 Aug 2026Hotel RoomsStudio452732,8001,621
25 Aug 2026Flat1 B/R9451,300,0001,376
21 Aug 2026Hotel RoomsStudio476810,0001,701
17 Aug 2026Flat1 B/R1,0411,520,0001,460
17 Aug 2026Flat1 B/R1,2501,530,0001,224
13 Aug 2026Flat1 B/R9651,200,0001,243

Source: Dubai Land Department sales register, every registered sale held against this project, as at 2 Oct 2026. The count is every registered sale, of any property type, over the project’s whole history. The median is a separate measure: it covers the 6 months to that date and uses only apartment and villa sales in that period that carry a price and an area. Offices, shops, land and other non-residential sales are listed above but never enter it. Areas are DLD’s square metres converted to square feet.

Location

REGISTERED SALES NEARBY

Nearest metroBuj Khalifa Dubai Mall Metro Station
Nearest mallDubai Mall
Nearest landmarkDowntown Dubai

These are the values DLD records against this project’s own registered sales, not a distance we measured. Where a project’s sales disagree, the most frequently recorded value is shown.

Next step

ASK US ABOUT DAMAC TOWERS BY PARAMOUNT

This page is the public register — the project record as at 4 Oct 2026, and the transaction register to 5 Oct 2026.

  • AVAILABILITY

    On the register

    2,041 homes

    From the DLD project record as at 4 Oct 2026, filed at status “Completed” as at 4 Oct 2026.

    Not on the register

    What is available now

  • PRICE

    On the register

    2,772 registered sales

    Prices already paid, registered between 6 Oct 2008 and 1 Oct 2026.

    Not on the register

    At what price

  • PAYMENT TERMS

    On the register

    —

    The DLD project register carries no payment-plan data of any kind.

    Not on the register

    On what payment terms

  • THE SPECIFIC UNIT

    On the register

    12 recent registrations

    Listed above with date, size, price and AED per square foot.

    Not on the register

    How the specific unit compares with the ones already registered

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