DAMAC Towers by Paramount, Business Bay
Business BayDAMAC Towers by Paramount, Business Bay is in Business Bay. This guide covers available building facts, amenities and location. Any transaction rows below are clearly separated community context, not validated direct building transactions.
Community
Business Bay
Building type
Mixed-Use Development
Completion
2019
Floors / units
68
About
About DAMAC Towers by Paramount, Business Bay
DAMAC Towers by Paramount, Business Bay is in Business Bay. This guide covers available building facts, amenities and location. Any transaction rows below are clearly separated community context, not validated direct building transactions.
Luxurious Amenities
The building features high-end facilities including a rooftop infinity pool, spa, and fitness center.
Prime Location
Situated in the heart of Business Bay with easy access to major highways and attractions.
Strong Brand Association
Developed in collaboration with Paramount Hotels & Resorts, enhancing its prestige and allure.
Investor context
Investor context for this building
DAMAC Towers by Paramount, Business Bay sits in or near Business Bay. Use this page as a starting point, then compare building-level evidence with community evidence before shortlisting.
Building facts
DAMAC Towers by Paramount, Business Bay facts and source signals
- Developer
- DAMAC Properties
- Completion
- 2019
- Floors
- 68
- Unit mix
- Various configurations ranging from 1-bedroom to 3-bedroom apartments
- Building type
- Mixed-Use Development
- Construction start
- 2015
- Consultant
- Paramount Hotels & Resorts
- Coordinates
- 25.18662, 55.29200
Decision context
What to know before shortlisting DAMAC Towers by Paramount, Business Bay
Amenities and living fit
- Open-air swimming pool
- State-of-the-art gymnasium
- Children's play area
- Spa and wellness center
- Business center and meeting rooms
Profile ratings
Exceptionally Welcoming. DAMAC Towers by Paramount provides a family-friendly environment with spacious apartments, children's play areas, and v...
Broadly Diverse. The community offers a range of living options, from luxurious serviced apartments to more traditional layouts, accommo...
Highly Secure. The property features 24/7 security with controlled access points, CCTV surveillance, and secure parking facilities, en...
Conveniently Accessible. Located in Business Bay, residents enjoy easy access to major roadways and public transportation options, including the...
Investor watch points
- High Maintenance Fees - Elevated service fees may be a burden for residents, impacting overall affordability.
- Noise Pollution - Proximity to busy roads and construction sites may result in higher noise levels.
- Limited Parking Space - Parking availability may become a challenge, particularly during peak hours.
- Investment Potential - The location and brand reputation suggest good long-term rental and resale opportunities.
- Community Environment - Consider the sense of community and neighborhood vibe in Business Bay which may vary.
Community benchmark evidence
Community Market Context: Recent Sales
Evidence disclosure
Community market context
10 sale rows and 10 rental rows are community context, not direct building transactions. They are kept separate from building facts.
- Source scope
- im-31391
- Evidence updated
- Sep 12, 2026
- Rows shown
- 10 sale · 10 rental
| Date | Status | Beds | Project/building | Size | Sale amount | Sale PSF |
|---|---|---|---|---|---|---|
| Sep 10, 2026 | offplan | 3 BR | Bugatti Residences by Binghatti | 4,932 sqft | AED 28,000,000 | AED 5,677/sqft |
| Sep 10, 2026 | ready | 3 BR | Peninsula Four The Plaza | 1,932 sqft | AED 4,950,000 | AED 2,562/sqft |
| Sep 10, 2026 | offplan | 1 BR | One by Binghatti | 1,009 sqft | AED 2,200,011 | AED 2,180/sqft |
| Sep 10, 2026 | ready | 1 BR | Peninsula Four The Plaza | 829 sqft | AED 2,200,000 | AED 2,655/sqft |
| Sep 10, 2026 | offplan | 1 BR | 77s Tower | 878 sqft | AED 1,700,000 | AED 1,936/sqft |
Community benchmark evidence
Community Market Context: Recent Rentals
| Date | Status | Beds | Project/building | Size | Annual rent | Rent PSF |
|---|---|---|---|---|---|---|
| Sep 10, 2026 | new | 2 BR | Vera Residences | 905 sqft | AED 95,000/yr | AED 105/sqft |
| Sep 10, 2026 | new | 1 BR | Regalia by Deyaar | 721 sqft | AED 86,000/yr | AED 119/sqft |
| Sep 9, 2026 | new | 2 BR | SOL Avenue | 1,374 sqft | AED 140,000/yr | AED 102/sqft |
| Sep 9, 2026 | new | 1 BR | Peninsula Four The Plaza | 971 sqft | AED 135,000/yr | AED 139/sqft |
| Sep 8, 2026 | new | 2 BR | Tiara West Tower | 1,462 sqft | AED 144,000/yr | AED 99/sqft |
Location context
Nearby schools, amenities and transport
Schools and nurseries nearby
- Hartland International School · 1.47 km
- North London Collegiate School Dubai · 1.8 km
- Windsor School · 3.42 km
- Blossom Village Nursery - Blossom D3 · 0.51 km
- Angel Heart Nursery · 0.6 km
Amenities nearby
- Fast And Quick Mini Mart · supermarkets · 0.45 km
- allday Minimart - Dubai Design District · supermarkets · 0.52 km
- O Mart Supermarket · supermarkets · 0.6 km
- Best Mart · supermarkets · 0.63 km
Transport nearby
- Downtown Dubai (Air taxi-Vertiport-2) · 2.14 km
- Creek · Green · 5.94 km
- Burjuman · Red · 8.05 km
- Deira City Centre · Red · 8.2 km
Investor questions
DAMAC Towers by Paramount, Business Bay questions investors usually check
Where is DAMAC Towers by Paramount, Business Bay located?
DAMAC Towers by Paramount, Business Bay is in Business Bay. Use the community profile and nearby transport, school and amenity context to compare the location before shortlisting.
What type of building is DAMAC Towers by Paramount, Business Bay?
DAMAC Towers by Paramount, Business Bay is profiled as Mixed-Use Development. Completion evidence: 2019. Unit mix: Various configurations ranging from 1-bedroom to 3-bedroom apartments.
Is there transaction evidence for DAMAC Towers by Paramount, Business Bay?
Direct building transaction evidence is not yet validated. Any rows shown are labelled as Business Bay community market context.
How should investors compare DAMAC Towers by Paramount, Business Bay?
Compare DAMAC Towers by Paramount, Business Bay with same-community buildings, nearby schools, transport access, available evidence and the community investment profile rather than relying on a single listing headline.
Should I use building evidence or community evidence for DAMAC Towers by Paramount, Business Bay?
Use the Business Bay community benchmark as planning context until direct building evidence is validated, and verify current service charges and availability before deciding.
Where can I check nearby transaction context for DAMAC Towers by Paramount, Business Bay?
Review Dubai transaction evidence and the Business Bay community guide for broader context while direct building evidence is pending.
Related buildings
Other building guides in Business Bay
51 Tower Business Bay
51 Tower Business Bay is a modern skyscraper located in the vibrant Business Bay district...
AG Tower, Business Bay
AG Tower is a modern commercial and residential skyscraper located in the vibrant Busines...
Al Batha Tower, Business Bay
Al Batha Tower is a prestigious commercial skyscraper situated in the vibrant Business Ba...
Al Manara Tower, Business Bay
Al Manara Tower is a striking skyscraper in the heart of Business Bay, known for its mode...
Al Shafar Tower, Business Bay
Al Shafar Tower is a prominent high-rise located in the heart of Business Bay, an area kn...
Art XIV14, Business Bay
Art XIV14 is an exquisite residential development located in the vibrant Business Bay are...