Yes. It is a completed building, so you can move in or rent it out straight away.

Are homes still available from DAMAC?

Yes, DAMAC still has 43 ready units here when we checked. Ask the expert for the latest list.

DAMAC Towers by Paramount is sold out from the developer. Similar homes on Business Bay are still available, and resale homes come up. See similar homes

“In the name of ALLAH, the Most Gracious, the Most Merciful”

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ReadyBusiness Bay, DubaiBy DAMAC {{statusLabel}}

DAMAC Towers by Paramount

Four Hollywood-inspired towers in Business Bay, with serviced apartments and a Paramount hotel. Ready, with units still sold by DAMAC.

Starting priceFrom AED 1,959,000*

*Verified with the developer. Prices are subject to change.

StatusReady

On sale now1 to 2 bed

AreaBusiness Bay

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About DAMAC Towers by Paramount

Soaring 270 meters above the Dubai skyline, these iconic towers blend luxury with cinematic grandeur. Home to around 1,200 exquisitely furnished residences and a prestigious Paramount Hotel, they offer an elevated lifestyle just moments from Dubai’s most sought-after attractions. The towers' sleek, modern design draws inspiration from California's effortless elegance, creating a sophisticated ‘Hollywood studio’ ambiance that brings the glitz of Tinseltown to the heart of Dubai.

DAMAC still sells homes here. Ask the expert for the latest availability and prices.

Amenities and lifestyle

Swimming poolDine-in cinemaGymDine-in cinemaSwimming poolClose to everything you needConnected to dubai

Registered sales

Sales of homes in DAMAC Towers by Paramount registered with the Dubai Land Department. These are real transaction prices, separate from the developer's starting price.

Sales registered (12 months)151

Median sale priceAED 1,646,000+4.5% vs previous 12 months

Median price per sq ftAED 1,434-7.7% vs previous 12 months

Off-plan share of sales0.0%

Source: datadubai.ae / DLD (Dubai Land Department open data, CC BY 4.0). Registered sales Oct 2025 to Sep 2026, data to 15 Oct 2026. Figures are medians of real registered transactions (resale and off-plan), not asking prices, developer prices or a valuation. Records: Damac Towers By Paramount.

Business Bay, Dubai

Dubai Canal · Burj Khalifa · The Dubai Mall · Sheikh Zayed Road · Business Bay Metro Open in Google Maps →

Living on Business Bay

A freehold canal-side business and residential district next to Downtown Dubai, with the Dubai Canal promenade and quick links to Sheikh Zayed Road.

Read our Business Bay guide

Prestigious developer

Developed by DAMAC

DAMAC has built a run of branded towers along the Dubai Canal in Business Bay, including Canal Heights, Canal Crown, Altitude and Chic Tower with de GRISOGONO.

All prestigious developers