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Damac Towers By Paramount A, Business Bay

Highlights

Damac Towers By Paramount A at a glance

About Damac Towers By Paramount A

Damac Towers By Paramount A is a residential building in Business Bay, Dubai, developed by DAMAC. It holds about 399 units: 1-bedroom apartments, 2-bedroom apartments, 3-bedroom apartments, 4-bedroom apartments.

The building was completed in 2018 and has been in use for about 8 years. 45 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 1,466 per sq ft.

Damac Towers By Paramount A is one of 257 buildings in Business Bay: 149 are complete and 61 are still being built.

In a nutshell

  • A residential ready building
  • Located in Business Bay, Dubai
  • Developed by DAMAC
  • Completed in Q4 2018
  • Unit types: 1 Bed, 2 Beds, 3 Beds, 4 Beds
  • Sizes from 920 to 2,800 sq ft
  • Features: Boat House, Concierge, Gated Community, Seafront, Shared Spa, Vastu-compliant
  • Service charge from AED 30.6 per sq ft
  • Burj Khalifa/Dubai Mall metro station 2.8 km away
الحالة
جاهز
المطور
DAMAC
الموقع
الخليج التجاري، دبي
مكتمل
Q4 2018
أنواع الوحدات
1 Bed, 2 Beds, 3 Beds, 4 Beds
Prices from
AED 1.1M
متوسط السعر لكل sq ft
AED 1,466
Median gross yield
7.7%
رسوم الخدمات
AED 30.6 per sq ft (2026)
Nearest metro
District 1 near High Speed Rail line, 1.4 km

Photos of Damac Towers By Paramount A

Building details

Inside Damac Towers By Paramount A

Facilities in Damac Towers By Paramount A

Damac Towers By Paramount A lists 6 features and facilities for its residents.

  • Boat House
  • Concierge
  • Gated Community
  • Seafront
  • Shared Spa
  • Vastu-compliant

Properties in Damac Towers By Paramount A

1-bedroom apartments in Damac Towers By Paramount A

There are about 198 of these in Damac Towers By Paramount A, from 920 to 1,440 sq ft. They have recently sold for a median of AED 1.5M, or AED 1,490 per sq ft. Owners who resold made a median 4% over what they paid.

2-bedroom apartments in Damac Towers By Paramount A

There are about 121 of these in Damac Towers By Paramount A, from 1,340 to 1,850 sq ft. They have recently sold for a median of AED 2.4M, or AED 1,520 per sq ft. Owners who resold made a median 15% over what they paid.

3-bedroom apartments in Damac Towers By Paramount A

There are about 79 of these in Damac Towers By Paramount A, from 1,740 to 2,250 sq ft. They have recently sold for a median of AED 2.7M, or AED 1,540 per sq ft.

4-bedroom apartments in Damac Towers By Paramount A

There are about 1 of these in Damac Towers By Paramount A, from 2,800 sq ft. They have recently sold for a median of AED 5.4M, or AED 1,910 per sq ft.

Unit types in Damac Towers By Paramount A with sizes, median prices and rents
نوع الوحدةالوحداتالمساحةالسعر الوسيطMedian rent
1 Bed198920 sqft85.5 sqmt – 1,440 sqft133.8 sqmtAED 1.5MAED 82.5K
2 Beds1211,340 sqft124.5 sqmt – 1,850 sqft171.9 sqmtAED 2.4MAED 132.5K
3 Beds791,740 sqft161.7 sqmt – 2,250 sqft209 sqmtAED 2.7MAED 165K
4 Beds12,800 sqft260.1 sqmtAED 5.4M–

Recent transactions in Damac Towers By Paramount A

  • Damac Towers By Paramount Tower A

    الخليج التجاري

    AED 2.8M

    AED 1,995 /sqftAED 21,474 /sqmt

    جاهزشقة
    1,388 sqft128.9 sqmt2 Bedsالمالك26 Oct 2026

  • Damac Towers By Paramount Tower A

    الخليج التجاري

    AED 2M

    AED 1,356 /sqftAED 14,596 /sqmt

    جاهزشقة
    1,485 sqft138 sqmt2 Bedsالمالك22 Oct 2026

  • Damac Towers By Paramount Tower A

    الخليج التجاري

    AED 2.6M

    AED 1,593 /sqftAED 17,147 /sqmt

    جاهزشقة
    1,632 sqft151.6 sqmt2 Bedsالمالك20 Oct 2026

  • Damac Towers By Paramount Tower A

    الخليج التجاري

    AED 1.2M

    AED 1,238 /sqftAED 13,326 /sqmt

    جاهزشقة
    929 sqft86.3 sqmt1 Bedالمالك19 Oct 2026

  • Damac Towers By Paramount Tower A

    الخليج التجاري

    AED 2.4M

    AED 1,374 /sqftAED 14,790 /sqmt

    جاهزشقة
    1,747 sqft162.3 sqmt3 Bedsالمالك16 Oct 2026

  • Damac Towers By Paramount Tower A

    الخليج التجاري

    AED 1.4M

    AED 1,308 /sqftAED 14,079 /sqmt

    جاهزشقة
    1,042 sqft96.8 sqmt1 Bedالمالك30 Sept 2026

  • Damac Towers By Paramount Tower A

    الخليج التجاري

    AED 2.7M

    AED 1,933 /sqftAED 20,807 /sqmt

    جاهزشقة
    1,388 sqft128.9 sqmt2 Bedsالمالك29 Sept 2026

  • Damac Towers By Paramount Tower A

    الخليج التجاري

    AED 3M

    AED 1,952 /sqftAED 21,011 /sqmt

    جاهزشقة
    1,515 sqft140.7 sqmt2 Bedsالمالك28 Sept 2026

  • Damac Towers By Paramount Tower A

    الخليج التجاري

    AED 1.8M

    AED 1,255 /sqftAED 13,509 /sqmt

    جاهزشقة
    1,394 sqft129.5 sqmt2 Bedsالمالك21 Sept 2026

  • Damac Towers By Paramount Tower A

    الخليج التجاري

    AED 3M

    AED 1,522 /sqftAED 16,383 /sqmt

    جاهزشقة
    1,997 sqft185.5 sqmt3 Bedsالمالك9 Sept 2026

  • Damac Towers By Paramount Tower A

    الخليج التجاري

    AED 2.6M

    AED 1,489 /sqftAED 16,027 /sqmt

    جاهزشقة
    1,746 sqft162.2 sqmt3 Bedsالمالك8 Sept 2026

  • Damac Towers By Paramount Tower A

    الخليج التجاري

    AED 2M

    AED 1,441 /sqftAED 15,511 /sqmt

    جاهزشقة
    1,388 sqft128.9 sqmt2 Bedsالمالك4 Sept 2026

  • Damac Towers By Paramount Tower A

    الخليج التجاري

    AED 1.5M

    AED 1,412 /sqftAED 15,199 /sqmt

    جاهزشقة
    1,055 sqft98 sqmt1 Bedالمالك2 Sept 2026

  • Damac Towers By Paramount Tower A

    الخليج التجاري

    AED 1.5M

    AED 1,587 /sqftAED 17,082 /sqmt

    جاهزشقة
    945 sqft87.8 sqmt1 Bedالمالك29 Aug 2026

  • Damac Towers By Paramount Tower A

    الخليج التجاري

    AED 1.3M

    AED 1,376 /sqftAED 14,811 /sqmt

    جاهزشقة
    945 sqft87.8 sqmt1 Bedالمالك24 Aug 2026

  • Damac Towers By Paramount Tower A

    الخليج التجاري

    AED 1.5M

    AED 1,460 /sqftAED 15,715 /sqmt

    جاهزشقة
    1,041 sqft96.7 sqmt1 Bedالمالك17 Aug 2026

  • Damac Towers By Paramount Tower A

    الخليج التجاري

    AED 2.8M

    AED 1,587 /sqftAED 17,082 /sqmt

    جاهزشقة
    1,744 sqft162 sqmt3 Bedsالمالك2 Jul 2026

  • Damac Towers By Paramount Tower A

    الخليج التجاري

    AED 2.1M

    AED 1,410 /sqftAED 15,177 /sqmt

    جاهزشقة
    1,517 sqft140.9 sqmt2 Bedsالمالك11 Jun 2026

  • Damac Towers By Paramount Tower A

    الخليج التجاري

    AED 1.4M

    AED 1,507 /sqftAED 16,221 /sqmt

    جاهزشقة
    942 sqft87.5 sqmt1 Bedالمالك10 Jun 2026

  • Damac Towers By Paramount Tower A

    الخليج التجاري

    AED 1.4M

    AED 1,471 /sqftAED 15,834 /sqmt

    جاهزشقة
    941 sqft87.4 sqmt1 Bedالمالك5 Jun 2026

  • Damac Towers By Paramount Tower A

    الخليج التجاري

    AED 170K/yr

    شقةعقد جديد
    1,932 sqft179.5 sqmt3 Bedsإلى

  • Damac Towers By Paramount Tower A

    الخليج التجاري

    AED 130K/yr

    شقةعقد جديد
    1,434 sqft133.2 sqmt2 Bedsإلى

  • Damac Towers By Paramount Tower A

    الخليج التجاري

    AED 55K/yr

    شقةعقد جديد
    1,055 sqft98 sqmt1 Bedإلى

  • Damac Towers By Paramount Tower A

    الخليج التجاري

    AED 165K/yr

    شقةعقد جديد
    1,744 sqft162 sqmt3 Bedsإلى

  • Damac Towers By Paramount Tower A

    الخليج التجاري

    AED 80K/yr

    شقةعقد جديد
    929 sqft86.3 sqmt1 Bedإلى

  • Damac Towers By Paramount Tower A

    الخليج التجاري

    AED 80K/yr

    شقةعقد جديد
    965 sqft89.7 sqmt1 Bedإلى

  • Damac Towers By Paramount Tower A

    الخليج التجاري

    AED 135K/yr

    شقةعقد جديد
    1,517 sqft140.9 sqmt2 Bedsإلى

  • Damac Towers By Paramount Tower A

    الخليج التجاري

    AED 77K/yr

    شقةعقد جديد
    942 sqft87.5 sqmt1 Bedإلى

  • Damac Towers By Paramount Tower A

    الخليج التجاري

    AED 85K/yr

    شقةعقد جديد
    1,055 sqft98 sqmt1 Bedإلى

  • Damac Towers By Paramount Tower A

    الخليج التجاري

    AED 140K/yr

    شقةعقد جديد
    1,744 sqft162 sqmt3 Bedsإلى

  • Damac Towers By Paramount Tower A

    الخليج التجاري

    AED 90K/yr

    شقةعقد جديد
    940 sqft87.3 sqmt1 Bedإلى

  • Damac Towers By Paramount Tower A

    الخليج التجاري

    AED 95K/yr

    شقةتجديد
    951 sqft88.4 sqmt1 Bedإلى

Every sale in Damac Towers By Paramount AEvery rent contract in Damac Towers By Paramount A

Service charges in Damac Towers By Paramount A

The 2026 service charge in Damac Towers By Paramount A is AED 30.6 per sq ft for homes. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department. Each parking space adds about AED 2,121 a year.

Service charges in Damac Towers By Paramount A
نوع الوحدةRate per sq ftالمساحةYearly charge
1 Bed Apartment (2026)AED 30.6920 sqft85.5 sqmt – 1,440 sqft133.8 sqmtAED 28,152 – AED 44,064
2 Beds Apartment (2026)AED 30.61,340 sqft124.5 sqmt – 1,850 sqft171.9 sqmtAED 41,004 – AED 56,610
3 Beds Apartment (2026)AED 30.61,740 sqft161.7 sqmt – 2,250 sqft209 sqmtAED 53,244 – AED 68,850
4 Beds Apartment (2026)AED 30.62,800 sqft260.1 sqmtAED 85,680 – AED 85,680

Source: Dubai Land Department service charge index. Rates are reviewed each year.

Nearby amenities

Around Damac Towers By Paramount A

Transportation near Damac Towers By Paramount A

The nearest Dubai Metro station from Damac Towers By Paramount A is Burj Khalifa/Dubai Mall (red line, 2.8 km, about 8 min drive), then Business Bay (red line, 3.2 km, about 8 min drive). Stations planned on new lines nearby include District 1 near High Speed Rail line (golden line, 1.4 km, about 5 min drive) and Burj Khalifa Road (golden line, 2.1 km, about 6 min drive). Most residents will drive or take a taxi to the metro.

  • District 1 near High Speed Rail lineGolden line · 1.4 km · about 5 min drive
  • Burj Khalifa RoadGolden line · 2.1 km · about 6 min drive
  • District 1Golden line · 2.7 km · about 7 min drive
  • Burj Khalifa/Dubai MallRed line · 2.8 km · about 8 min drive
  • Business Bay InterchangeGolden line · 3.2 km · about 8 min drive
  • الخليج التجاريRed line · 3.2 km · about 8 min drive

Shopping and groceries near Damac Towers By Paramount A

The closest is Spinneys / south bridge downtowne Dubai, 1.5 km from Damac Towers By Paramount A (about 5 min drive).

  • Spinneys / south bridge downtowne DubaiSupermarket · 1.5 km · about 5 min drive
  • Dubai MallShopping Mall · 1.8 km · about 6 min drive
  • Spinneys / EMAAR Boulevard, Downtown DubaiSupermarket · 2 km · about 6 min drive
  • Al Maya / 8 Boulevard Walk, Downtown DubaiSupermarket · 2.2 km · about 6 min drive
  • Al Maya / Murooj Rotana, Murooj ComplexSupermarket · 2.4 km · about 7 min drive

Restaurants and hotels near Damac Towers By Paramount A

The closest is Radisson Blu Hotel, Dubai Downtown, 1 km from Damac Towers By Paramount A (about 12 min walk).

  • Radisson Blu Hotel, Dubai DowntownHotel · 1 km · about 12 min walk
  • Al Manzil HotelHotel · 1.6 km · about 5 min drive
  • The Address HotelHotel · 1.6 km · about 5 min drive
  • Vida Hotels and ResortsHotel · 1.8 km · about 6 min drive
  • Qamardeen HotelHotel · 2 km · about 6 min drive

Hospitals and clinics near Damac Towers By Paramount A

The closest is Al Amal Hospital, 3.9 km from Damac Towers By Paramount A (about 10 min drive).

  • Al Amal HospitalHospital · 3.9 km · about 10 min drive
  • Medcare HospitalHospital · 5 km · about 12 min drive
  • Internationl Medical CenterHospital · 5.4 km · about 13 min drive
  • Iranian HospitalHospital · 5.5 km · about 13 min drive
  • Manchester ClinicHospital · 5.6 km · about 13 min drive

Parks and leisure near Damac Towers By Paramount A

The closest is Al Quoz Pond Park, 3.4 km from Damac Towers By Paramount A (about 9 min drive).

  • Al Quoz Pond ParkPark · 3.4 km · about 9 min drive
  • Meydan Grandstand and RacecourseStadium · 3.4 km · about 9 min drive
  • Meydan TheatreTheatre House · 3.4 km · about 9 min drive
  • Falcon Heritage and Sports CentreSports Academy · 3.7 km · about 9 min drive
  • Falcon Centre and Cultural SportsSports Academy · 3.7 km · about 9 min drive

Schools near Damac Towers By Paramount A

The nearest is Hartland International School - FZ, 1.7 km away. Ratings are the KHDA's latest inspection grades.

  • Hartland International School - FZUK - International Baccalaureate - UK/IB · KHDA: Very good · 1.7 km
  • North London Collegiate School Middle East L.L.C - FZInternational Baccalaureate · KHDA: Very good · 1.7 km
  • Jebel Ali School (Br of Taaleem Management (L L C))UK · KHDA: Very good · 2.7 km
  • Dubai International Private School - BrAmerican · KHDA: Good · 3.5 km
  • GEMS Our Own Indian SchoolIndian · KHDA: Very good · 3.5 km
  • Global Indian International School L.L.CIndian · KHDA: Good · 3.6 km

Other buildings in Business Bay

Business Bay has 257 buildings. A few others to compare Damac Towers By Paramount A with:

  • 014 Tower, Business Bayجاهز

    014 Tower

    Business Bay · H&H

    Completed 2012

  • 77S, Business Bayعلى المخطط

    77S

    Business Bay · 77 Shades of Green

    Handover 31 Dec 2028 · 14% built

  • AG Tower, Business Bayجاهز

    AG Tower

    Business Bay · Arabian Gulf

    Completed 2021

الكل 257 الخليج التجاري buildings →

Things to consider about Damac Towers By Paramount A

In its favour

  • An active resale market: 45 sales in the last year make it easier to price and to sell.
  • Owners who resold have made money: a median gain of up to 15%.
  • A median gross yield of 7.7% on recent sales.
  • Ready to move into or let, with no construction risk.
  • Several schools within 3 km.

Worth checking

  • Service charges of up to AED 30.6 per sq ft are on the higher side for Dubai.
  • The nearest running metro station is 2.8 km away, so a car helps.

Specialists

Brokers who know Damac Towers By Paramount A

These brokers handle sales and lettings in Damac Towers By Paramount A and can tell you what is available now.

الأسئلة الشائعة

Damac Towers By Paramount A: questions answered

Damac Towers By Paramount A was developed by DAMAC in Business Bay.

Damac Towers By Paramount A is completed in Q4 2018.

Across its 20 most recent registered sales, Damac Towers By Paramount A sold for a median of AED 1,466 per sq ft and AED 2.0M per unit.

Recent yearly contracts in Damac Towers By Paramount A have a median rent of AED 95.0K.

The median gross yield on recently sold units in Damac Towers By Paramount A is 7.7%: the rent the unit earned over its purchase price, before costs.

The 2026 service charge for residential units in Damac Towers By Paramount A is AED 30.6 per sq ft a year, as registered with the Dubai Land Department.

Damac Towers By Paramount A has 1 Bed (920 to 1,440 sq ft), 2 Beds (1,340 to 1,850 sq ft), 3 Beds (1,740 to 2,250 sq ft), 4 Beds (2,800 sq ft).

District 1 near High Speed Rail line is about 1.4 km from Damac Towers By Paramount A.

The nearest schools include Hartland International School - FZ (1.7 km), North London Collegiate School Middle East L.L.C - FZ (1.7 km), Jebel Ali School (Br of Taaleem Management (L L C)) (2.7 km).

Buying, selling or renting in Damac Towers By Paramount A?

A broker who works Business Bay will tell you what is available and what comparable homes went for.

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