Damac Towers by Paramount (B) Launch Prices
Off-plan in Business Bay · Developer launch registrations from the Dubai Land Department off-plan register
Launch Summary
225 developer launch sales registered at Damac Towers by Paramount (B) between Jun 2013 and Mar 2019: 100% apartments, most commonly 1-bed units, typically around 1,055 sqft.
Bed mix: 1-bed 55% · 2-bed 25% · 3-bed 20%.
Every figure here is a registered developer launch price from the DLD off-plan register - a different kind of price from a ready-market resale, and kept entirely separate from KhaleejKeys' resale statistics.
Launch Price by Quarter
Median registered launch price per square foot at Damac Towers by Paramount (B), per quarter, with the number of launch sales registered in each.
| Quarter | Launch sales | Median AED/sqft |
|---|---|---|
| 2013 Q2 | 1 | AED 1,981 |
| 2013 Q3 | 21 | AED 2,082 |
| 2013 Q4 | 12 | AED 2,127 |
| 2014 Q1 | 5 | AED 2,625 |
| 2014 Q2 | 37 | AED 2,812 |
| 2014 Q3 | 16 | AED 2,882 |
| 2014 Q4 | 4 | AED 3,040 |
| 2015 Q1 | 7 | AED 2,882 |
| 2016 Q1 | 13 | AED 2,692 |
| 2016 Q2 | 8 | AED 2,420 |
| 2016 Q3 | 9 | AED 2,450 |
| 2016 Q4 | 8 | AED 2,309 |
| 2017 Q1 | 4 | AED 2,304 |
| 2017 Q2 | 19 | AED 2,237 |
| 2017 Q3 | 9 | AED 1,851 |
| 2017 Q4 | 14 | AED 2,120 |
| 2018 Q2 | 5 | AED 2,326 |
| 2018 Q3 | 20 | AED 2,142 |
| 2018 Q4 | 7 | AED 2,101 |
| 2019 Q1 | 6 | AED 2,112 |
Launch vs Resale
Damac Towers by Paramount (B) also has 177 ready-market resales registered with the DLD, the first on 18 December 2018 - 66 months after the first launch registration. A developer launch price and an arm's-length resale are different kinds of price; the gap is context, not a return.
Resale prices and recent transactions at Damac Towers by Paramount (B) →
Recent Launch Registrations
Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.
Other Off-Plan Projects in Business Bay
Off-plan in Business Bay
Compare this project with every other off-plan launch registered in Business Bay, or see the community's resale market.
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