DAMAC Star Properties (L L C)
Business Bay · Dubai
Damac Towers by Paramount in Business Bay: a completed project of 2,041 units in the Dubai Land Department register, with studios, 1 and 2-bedroom apartments.
At a glance
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The brief
Damac Towers is a completed project in Business Bay, Dubai, made up of serviced apartments and a hotel. The Dubai Land Department register, read 7 November 2026, holds it as Damac Towers by Paramount, project number 443. The register records a concrete structure with block walls, finished inside and out.
Figures are from the Dubai Land Department register, read 7 November 2026.
The register describes three towers of serviced apartments and a fourth tower that holds a five-star hotel, joined by a common podium. It gives the building configuration as 2B+G+8P+61+R. Two basement levels sit beneath the podium and are used for parking.
The apartment types are studios, one-bedroom and two-bedroom units.
Business Bay sits on the Dubai Canal, the waterway that runs from Dubai Creek at Deira out to the sea at Jumeirah Beach. Burj Khalifa is 1.5 km from the community. Its freehold projects cover 64 million square feet and hold 64,341 residential units and 17,944 commercial units. Since the 2008 downturn, residential towers have taken a larger share of the community than the original master plan allowed for.
Business Bay connects to Al Khail Road and Sheikh Zayed Road, the two highways that run the full length of Dubai. In June 2018 the second phase of the Parallel Roads Improvement Project finished, taking the western parallel roads between Al Meydan Street and Financial Street from three lanes to four each way and adding service roads.
Fixed places near the project, by distance:
In the Dubai Land Department register, read 7 November 2026, the project's status is finished and its percentage complete is 100 as at 23 October 2018. The register's projected completion date is 23 October 2018, and its start date is 27 March 2008.
In depth
The register names Damac Star Properties (L L C) as the developer of the project.
If you are considering a purchase in Damac Towers, we can check the current register entry with you, go through which of the studio, one-bedroom and two-bedroom apartments are being sold, and explain what to confirm before you commit. Mitchell's Commercial Real Estate acts for buyers, so contact us and we will take it from there. Our buying costs calculator sets out the fees on a purchase.
Damac Towers is in the Business Bay area.
Area and community are from our own project record.
Area and community: our own project record. Neither is a survey.
Damac Towers — Business Bay
DAMAC Star Properties (L L C) is the developer named on this brief.
Damac Towers is in Business Bay, Dubai. Business Bay lies on the Dubai Canal, and Burj Khalifa is 1.5 km from the community.
The Dubai Land Department register, read 7 November 2026, lists Damac Towers by Paramount as project number 443 with 2,041 units, status finished and 100 per cent complete as at 23 October 2018.
The register describes three towers of serviced apartments and one tower holding a five-star hotel, all on a common podium. The unit types are studios and one- and two-bedroom apartments.
The register names Damac Star Properties (L L C) as the developer.
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