Project · Transactions · 2019

Damac Towers By Paramount Property Transactions 2019

72 property sales worth ⃃ 137.3M were registered in Damac Towers By Paramount in 2019, 2.9% higher than 2018 by number of sales. The median sale price was ⃃ 1,601,375 and the median price per square foot ⃃ 2,117 (−0.8% on 2018).

Period: 1 Jan – 31 Dec 2019Compared with: 2018Sample: 72 salesUpdated: 18 Oct 2026
Property sales
72
+2.9% vs 2018
1 Jan – 31 Dec 2019
Total value
⃃ 137.3M
−14.1% vs 2018
1 Jan – 31 Dec 2019
Median sale price
⃃ 1,601,375
−25.3% vs 2018
72 sales
Median price per sq ft
⃃ 2,117
−0.8% vs 2018
72 sales

What types of property sold in Damac Towers By Paramount in 2019?

1 Jan – 31 Dec 2019

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments72100%⃃ 137.3M⃃ 1,601,375⃃ 2,117

How were 2019 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)4866.7%⃃ 105.71M⃃ 2,173,975⃃ 2,238
Resale (secondary)2433.3%⃃ 31.59M⃃ 1,140,000⃃ 1,151
Ready72100%⃃ 137.3M⃃ 1,601,375⃃ 2,117

How many rental contracts were registered in Damac Towers By Paramount in 2019?

400 rental contracts (new and renewed) were registered in Damac Towers By Paramount in 2019, at a median annual rent of ⃃ 80,000 (−42.9% on 2018). Rental yields in Damac Towers By Paramount

What were the most expensive property sales in Damac Towers By Paramount in 2019?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
09/06/2019Damac Towers By Paramount B3 beds · Apartment2,023 sq ft⃃ 4,471,000Primary · Ready
07/03/2019Damac Towers By Paramount B3 beds · Apartment2,247 sq ft⃃ 4,454,550Primary · Ready
09/06/2019Damac Towers By Paramount B3 beds · Apartment1,919 sq ft⃃ 4,197,000Primary · Ready
07/03/2019Damac Towers By Paramount B3 beds · Apartment1,982 sq ft⃃ 4,123,950Primary · Ready
07/03/2019Damac Towers By Paramount D3 beds · Apartment1,744 sq ft⃃ 3,813,000Primary · Ready
09/06/2019Damac Towers By Paramount A3 beds · Apartment1,744 sq ft⃃ 3,661,000Primary · Ready
11/06/2019Damac Towers By Paramount A2 beds · Apartment1,394 sq ft⃃ 3,180,000Primary · Ready
25/11/2019Damac Towers By Paramount D2 beds · Apartment1,517 sq ft⃃ 3,034,000Primary · Ready
28/05/2019Damac Towers By Paramount D2 beds · Apartment1,517 sq ft⃃ 2,952,400Primary · Ready
18/12/2019Damac Towers By Paramount B3 beds · Apartment1,923 sq ft⃃ 2,944,000Primary · Ready

What were the last registered sales of 2019?

DatePropertyTypeSizePriceMarket
23/12/2019Damac Towers By Paramount CStudio · Apartment492 sq ft⃃ 1,237,400Primary · Ready
23/12/2019Damac Towers By Paramount CStudio · Apartment488 sq ft⃃ 1,232,800Primary · Ready
23/12/2019Damac Towers By Paramount CStudio · Apartment637 sq ft⃃ 1,601,950Primary · Ready
23/12/2019Damac Towers By Paramount CStudio · Apartment477 sq ft⃃ 1,206,350Primary · Ready
22/12/2019Damac Towers By Paramount CStudio · Apartment484 sq ft⃃ 1,219,000Primary · Ready
18/12/2019Damac Towers By Paramount D2 beds · Apartment1,515 sq ft⃃ 2,147,950Primary · Ready
18/12/2019Damac Towers By Paramount B3 beds · Apartment1,923 sq ft⃃ 2,944,000Primary · Ready
12/12/2019Damac Towers By Paramount CStudio · Apartment476 sq ft⃃ 1,202,900Primary · Ready
28/11/2019Damac Towers By Paramount D1 bed · Apartment929 sq ft⃃ 2,358,000Primary · Ready
28/11/2019Damac Towers By Paramount D1 bed · Apartment939 sq ft⃃ 2,386,000Primary · 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 2019 with the whole of 2018.
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/2019
Damac Towers By Paramount Property Transactions 2019. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/damac-towers-by-paramount/2019

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 in 2019?
72 property sales worth ⃃ 137,298,978 were registered in Damac Towers By Paramount in 2019. That is 2.9% higher than 2018.
What was the median property price in Damac Towers By Paramount in 2019?
The median sale price was ⃃ 1,601,375 and the median price per square foot ⃃ 2,117 (1 Jan – 31 Dec 2019).
What share of 2019 sales in Damac Towers By Paramount were off-plan or from developers?
Developer (primary) sales were 66.7% of the 72 sales and resales 33.3%. 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/2019