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Sold for AED 1,230,000: 1-Bedroom Apartment in DAMAC Towers by Paramount

Located in Business Bay, Dubai. Its price per sqft is −9% vs the DAMAC Towers by Paramount median (AED 1,434/sqft).

All Business Bay salesDAMAC Towers by Paramount prices

Sale price

AED 1,230,000

Per sqft
AED 1,310
Registered
14 Jul 2026, 09:42 (Dubai)
DAMAC Towers by Paramount, Dubai

01 / Price history

This unit's history

This is the only registration of this unit on record (same layout, exact size and parking bay P5-125).

Comparable sales

02 / The property

Property details

Size
939 sqft · 87.24 m²
Bedrooms
1 BR
Registered as
Sale
Property sub-type
Flat
Usage
Residential
Tenure
Freehold
Parking
P5-125
Nearest metro
Buj Khalifa Dubai Mall Metro Station
Nearest mall
Dubai Mall
Nearest landmark
Downtown Dubai

03 / Comparables

All sales in DAMAC Towers by Paramount (9 Jan 2026 – 9 Oct 2026)

105 market sales, latest 30 shown. Percentages compare each sale with this one.

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Comparable market sales. Change is relative to the selected sale.
Sale recordRecordedValue · AEDAED / sqft
9 Oct 20261.23M0% vs selected1,319+1% vs selected
7 Oct 20261.37M+12% vs selected1,302−1% vs selected
6 Oct 2026765.42K−38% vs selected1,693+29% vs selected
1 Oct 2026751.3K−39% vs selected1,577+20% vs selected
30 Sept 20261.36M+11% vs selected1,3090% vs selected
30 Sept 2026900K−27% vs selected1,852+41% vs selected
30 Sept 20261.59M+29% vs selected2,490+90% vs selected
29 Sept 20262.68M+118% vs selected1,934+48% vs selected
28 Sept 20262.96M+140% vs selected1,952+49% vs selected
23 Sept 20262.3M+87% vs selected1,319+1% vs selected
23 Sept 20261.83M+49% vs selected1,317+1% vs selected
21 Sept 20261.75M+42% vs selected1,255−4% vs selected
17 Sept 20262.3M+87% vs selected1,317+1% vs selected
16 Sept 20261.35M+10% vs selected1,279−2% vs selected
15 Sept 20262.2M+79% vs selected1,259−4% vs selected
11 Sept 20262.5M+103% vs selected1,434+9% vs selected
8 Sept 20262.6M+111% vs selected1,489+14% vs selected
4 Sept 20262M+63% vs selected1,441+10% vs selected
2 Sept 20261.49M+21% vs selected1,412+8% vs selected
31 Aug 20261.65M+34% vs selected1,184−10% vs selected
31 Aug 2026732.8K−40% vs selected1,621+24% vs selected
29 Aug 20261.5M+22% vs selected1,587+21% vs selected
24 Aug 20261.3M+6% vs selected1,376+5% vs selected
20 Aug 2026810K−34% vs selected1,701+30% vs selected
17 Aug 20261.52M+24% vs selected1,460+11% vs selected
17 Aug 20261.53M+24% vs selected1,224−7% vs selected
13 Aug 20261.2M−2% vs selected1,243−5% vs selected
12 Aug 2026809K−34% vs selected1,710+31% vs selected
7 Aug 2026750K−39% vs selected1,662+27% vs selected
4 Aug 20261.7M+38% vs selected1,219−7% vs selected

04 / Renting it out

What similar apartments rent for

Median of 15 market rents of apartments of 798–1,080 sq ft in DAMAC Towers by Paramount. The gross yield is that rent against this sale's price, before service charges, fees and empty months.

See these contracts
Median rent / yr
AED 88,000
Per sqft / yr
AED 92/sqft
Gross yield
7.2%