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DAMAC TOWERS BY PARAMOUNT, Business Bay: rental yield, prices & rents

In the 24 months to 5 October 2026, DLD registered 242 sales and 932 rent contracts in DAMAC TOWERS BY PARAMOUNT, Business Bay. A 1-bed apartment sold for a median AED 1.48M and rented for AED 105K a year: a gross yield of 7.1%. The Business Bay median for the same home type is 4.3% (last 12 months).

See every DAMAC TOWERS BY PARAMOUNT sale and rental in the explorer →

Prices and yields by home type

Medians for the 24 months to 5 October 2026. Gross yield = median annual rent ÷ median sale price.

Home typeMedian priceAED / sq ftGross yieldSales
1-bed apartmentAED 1.48M1,5087.1%127
2-bed apartmentAED 2.13M1,4417.0%71
3-bed apartmentAED 2.56M1,4687.4%44

Rent guide: what tenants pay in DAMAC TOWERS BY PARAMOUNT

The 24 months to 5 October 2026. Typical = median. “Most pay” is the middle half of contracts. New lease is what a new tenant agreed; renewal is an existing tenant renewing, often lower because renewal increases are limited by the RERA rental index.

Home typeTypical rent / yearPer monthMost payNew leaseRenewalContracts
1-bed apartmentAED 105KAED 8,750AED 95K – AED 115KAED 105KAED 105K494
2-bed apartmentAED 150KAED 12KAED 140K – AED 165KAED 150KAED 150K253
3-bed apartmentAED 190KAED 16KAED 175K – AED 203KAED 185KAED 200K185

Price and rent trend

Median sale price per sq ft (AED), by month
1,2001,4001,6001,800Oct 2024Oct 2025Sep 2026 1,318Oct 2024: AED 1,719 per sq ftNov 2024: AED 1,722 per sq ftDec 2024: AED 1,535 per sq ftJan 2025: AED 1,579 per sq ftFeb 2025: AED 1,578 per sq ftMar 2025: AED 1,540 per sq ftApr 2025: AED 1,598 per sq ftMay 2025: AED 1,452 per sq ftJun 2025: AED 1,468 per sq ftJul 2025: AED 1,461 per sq ftAug 2025: AED 1,644 per sq ftSep 2025: AED 1,677 per sq ftOct 2025: AED 1,499 per sq ftNov 2025: AED 1,648 per sq ftDec 2025: AED 1,452 per sq ftJan 2026: AED 1,509 per sq ftFeb 2026: AED 1,392 per sq ftMar 2026: AED 1,425 per sq ftApr 2026: AED 1,353 per sq ftMay 2026: AED 1,307 per sq ftJun 2026: AED 1,410 per sq ftJul 2026: AED 1,299 per sq ftAug 2026: AED 1,376 per sq ftSep 2026: AED 1,318 per sq ft
Show as table
MonthAED per sq ft
Oct 20241,719
Nov 20241,722
Dec 20241,535
Jan 20251,579
Feb 20251,578
Mar 20251,540
Apr 20251,598
May 20251,452
Jun 20251,468
Jul 20251,461
Aug 20251,644
Sep 20251,677
Oct 20251,499
Nov 20251,648
Dec 20251,452
Jan 20261,509
Feb 20261,392
Mar 20261,425
Apr 20261,353
May 20261,307
Jun 20261,410
Jul 20261,299
Aug 20261,376
Sep 20261,318
Median annual rent per sq ft (AED), by month
80100120Oct 2024Oct 2025Oct 2026 89Oct 2024: AED 111 per sq ft / yearNov 2024: AED 109 per sq ft / yearDec 2024: AED 119 per sq ft / yearJan 2025: AED 110 per sq ft / yearFeb 2025: AED 108 per sq ft / yearMar 2025: AED 107 per sq ft / yearApr 2025: AED 112 per sq ft / yearMay 2025: AED 106 per sq ft / yearJun 2025: AED 109 per sq ft / yearJul 2025: AED 108 per sq ft / yearAug 2025: AED 103 per sq ft / yearSep 2025: AED 105 per sq ft / yearOct 2025: AED 107 per sq ft / yearNov 2025: AED 109 per sq ft / yearDec 2025: AED 112 per sq ft / yearJan 2026: AED 113 per sq ft / yearFeb 2026: AED 106 per sq ft / yearMar 2026: AED 108 per sq ft / yearApr 2026: AED 97 per sq ft / yearMay 2026: AED 98 per sq ft / yearJun 2026: AED 92 per sq ft / yearJul 2026: AED 86 per sq ft / yearAug 2026: AED 86 per sq ft / yearSep 2026: AED 92 per sq ft / yearOct 2026: AED 89 per sq ft / year
Show as table
MonthAED per sq ft / year
Oct 2024111
Nov 2024109
Dec 2024119
Jan 2025110
Feb 2025108
Mar 2025107
Apr 2025112
May 2025106
Jun 2025109
Jul 2025108
Aug 2025103
Sep 2025105
Oct 2025107
Nov 2025109
Dec 2025112
Jan 2026113
Feb 2026106
Mar 2026108
Apr 202697
May 202698
Jun 202692
Jul 202686
Aug 202686
Sep 202692
Oct 202689

More in Business Bay

PARK CENTRAL, THE COURT, CAPITAL BAY A, SAFEER TOWER 1, NOBLES, THE COSMOPOLITAN, EXECUTIVE BAY B, ONTARIO TOWER, MAJESTINE, WATER'S EDGE, CAPITAL BAY B, SAFEER TOWER 2, Bayz Tower, AVANTI TOWER, ELITE BUSINESS BAY RESIDENCE, THE VOGUE, AG TOWER, REVA RESIDENCES, ZADA TOWER, MAYFAIR TOWER, Business Bay overview

Quick answers

What is the rental yield in DAMAC TOWERS BY PARAMOUNT?

The median gross rental yield for a 1-bed apartment in DAMAC TOWERS BY PARAMOUNT, Business Bay is 7.1%, based on DLD records for the 24 months to 5 October 2026.

How much does a 1-bed apartment in DAMAC TOWERS BY PARAMOUNT cost?

The median sale price was AED 1.48M (AED 1,508 per sq ft) in the 24 months to 5 October 2026.