Damac Towers by Paramount (a) Launch Prices
Off-plan in Business Bay · Developer launch registrations from the Dubai Land Department off-plan register
Launch Summary
156 developer launch sales registered at Damac Towers by Paramount (a) between Oct 2009 and Nov 2018: 100% apartments, most commonly 1-bed units, typically around 1,055 sqft.
Bed mix: 1-bed 62% · 2-bed 22% · 3-bed 16%.
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 (a), per quarter, with the number of launch sales registered in each.
| Quarter | Launch sales | Median AED/sqft |
|---|---|---|
| 2009 Q4 | 3 | AED 1,360 |
| 2013 Q2 | 40 | AED 2,193 |
| 2013 Q3 | 22 | AED 2,099 |
| 2013 Q4 | 31 | AED 2,108 |
| 2014 Q1 | 7 | AED 2,564 |
| 2014 Q2 | 25 | AED 2,401 |
| 2014 Q3 | 2 | AED 2,572 |
| 2014 Q4 | 6 | AED 2,502 |
| 2015 Q1 | 1 | AED 2,782 |
| 2015 Q4 | 1 | AED 2,476 |
| 2016 Q1 | 1 | AED 2,937 |
| 2016 Q2 | 2 | AED 2,025 |
| 2016 Q3 | 1 | AED 2,447 |
| 2016 Q4 | 1 | AED 2,429 |
| 2017 Q2 | 3 | AED 2,280 |
| 2017 Q3 | 7 | AED 1,926 |
| 2017 Q4 | 1 | AED 2,521 |
| 2018 Q2 | 1 | AED 2,247 |
| 2018 Q4 | 1 | AED 2,328 |
Launch vs Resale
Damac Towers by Paramount (a) also has 179 ready-market resales registered with the DLD, the first on 26 February 2019 - 112 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 (a) →
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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