Building · Transactions · 2023

Damac Towers By Paramount A Property Transactions 2023

51 property sales worth ⃃ 105.06M were registered in Damac Towers By Paramount A in 2023, 39.3% lower than 2022 by number of sales. The median sale price was ⃃ 2,150,000 and the median price per square foot ⃃ 1,539 (+1.6% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 51 salesUpdated: 18 Oct 2026
Property sales
51
−39.3% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 105.06M
−37.6% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 2,150,000
+7.2% vs 2022
51 sales
Median price per sq ft
⃃ 1,539
+1.6% vs 2022
51 sales

What types of property sold in Damac Towers By Paramount A in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments51100%⃃ 105.06M⃃ 2,150,000⃃ 1,539

How were 2023 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)1733.3%⃃ 46.12M⃃ 2,714,000⃃ 1,792
Resale (secondary)3466.7%⃃ 58.94M⃃ 1,435,000⃃ 1,432
Ready51100%⃃ 105.06M⃃ 2,150,000⃃ 1,539

How many rental contracts were registered in Damac Towers By Paramount A in 2023?

212 rental contracts (new and renewed) were registered in Damac Towers By Paramount A in 2023, at a median annual rent of ⃃ 115,000 (+27.8% on 2022). Rental yields in Damac Towers By Paramount A

What were the most expensive property sales in Damac Towers By Paramount A in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
14/09/2023Damac Towers By Paramount A2 beds · Apartment1,746 sq ft⃃ 3,340,820Primary · Ready
26/10/2023Damac Towers By Paramount A3 beds · Apartment1,744 sq ft⃃ 3,050,000Resale · Ready
04/10/2023Damac Towers By Paramount A2 beds · Apartment1,515 sq ft⃃ 2,969,170Primary · Ready
12/04/2023Damac Towers By Paramount A2 beds · Apartment1,632 sq ft⃃ 2,850,000Primary · Ready
06/09/2023Damac Towers By Paramount A3 beds · Apartment1,744 sq ft⃃ 2,850,000Resale · Ready
01/05/2023Damac Towers By Paramount A2 beds · Apartment1,517 sq ft⃃ 2,809,000Primary · Ready
15/01/2023Damac Towers By Paramount A2 beds · Apartment1,517 sq ft⃃ 2,799,000Primary · Ready
05/03/2023Damac Towers By Paramount A2 beds · Apartment1,515 sq ft⃃ 2,722,000Primary · Ready
05/04/2023Damac Towers By Paramount A2 beds · Apartment1,515 sq ft⃃ 2,717,000Primary · Ready
25/01/2023Damac Towers By Paramount A2 beds · Apartment1,515 sq ft⃃ 2,714,600Primary · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
19/12/2023Damac Towers By Paramount A2 beds · Apartment1,515 sq ft⃃ 2,684,220Primary · Ready
09/11/2023Damac Towers By Paramount A3 beds · Apartment1,747 sq ft⃃ 2,116,636Resale · Ready
01/11/2023Damac Towers By Paramount A2 beds · Apartment1,394 sq ft⃃ 2,150,000Resale · Ready
31/10/2023Damac Towers By Paramount A1 bed · Apartment929 sq ft⃃ 1,375,000Resale · Ready
26/10/2023Damac Towers By Paramount A3 beds · Apartment1,744 sq ft⃃ 3,050,000Resale · Ready
23/10/2023Damac Towers By Paramount A1 bed · Apartment1,055 sq ft⃃ 1,400,000Resale · Ready
20/10/2023Damac Towers By Paramount A2 beds · Apartment1,388 sq ft⃃ 2,150,000Resale · Ready
16/10/2023Damac Towers By Paramount A1 bed · Apartment949 sq ft⃃ 1,275,000Resale · Ready
11/10/2023Damac Towers By Paramount A1 bed · Apartment965 sq ft⃃ 1,340,000Resale · Ready
11/10/2023Damac Towers By Paramount A2 beds · Apartment1,394 sq ft⃃ 2,150,000Resale · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2023 with the whole of 2022.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/damac-towers-by-paramount-a/2023
Damac Towers By Paramount A Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/damac-towers-by-paramount-a/2023

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Damac Towers By Paramount A in 2023?
51 property sales worth ⃃ 105,055,994 were registered in Damac Towers By Paramount A in 2023. That is 39.3% lower than 2022.
What was the median property price in Damac Towers By Paramount A in 2023?
The median sale price was ⃃ 2,150,000 and the median price per square foot ⃃ 1,539 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Damac Towers By Paramount A were off-plan or from developers?
Developer (primary) sales were 33.3% of the 51 sales and resales 66.7%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/damac-towers-by-paramount-a/2023