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Building · Transactions · 2018

Damac Towers By Paramount B Property Transactions 2018

36 property sales worth ⃃ 99.98M were registered in Damac Towers By Paramount B in 2018, 30.8% lower than 2017 by number of sales. The median sale price was ⃃ 2,679,889 and the median price per square foot ⃃ 2,119 (−1.6% on 2017).

Period: 1 Jan – 31 Dec 2018Compared with: 2017Sample: 36 salesUpdated: 15 Nov 2026
Property sales
36
−30.8% vs 2017
1 Jan – 31 Dec 2018
Total value
⃃ 99.98M
−30.2% vs 2017
1 Jan – 31 Dec 2018
Median sale price
⃃ 2,679,889
+2.0% vs 2017
36 sales
Median price per sq ft
⃃ 2,119
−1.6% vs 2017
36 sales

What types of property sold in Damac Towers By Paramount B in 2018?

1 Jan – 31 Dec 2018

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments36100%⃃ 99.98M⃃ 2,679,889⃃ 2,119

How were 2018 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)3494.4%⃃ 97.08M⃃ 2,859,150⃃ 2,126
Resale (secondary)25.6%⃃ 2.9M⃃ 1,450,000⃃ 1,528
Off-plan3391.7%⃃ 95.01M⃃ 2,967,300⃃ 2,121
Ready38.3%⃃ 4.97M⃃ 1,500,000⃃ 1,615

How many rental contracts were registered in Damac Towers By Paramount B in 2018?

2 rental contracts (new and renewed) were registered in Damac Towers By Paramount B in 2018, at a median annual rent of ⃃ 140,000. Rental yields in Damac Towers By Paramount B

What were the most expensive property sales in Damac Towers By Paramount B in 2018?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
10/09/2018Damac Towers By Paramount B3 beds · Apartment1,968 sq ft⃃ 4,083,156Primary · Off-plan
15/07/2018Damac Towers By Paramount B3 beds · Apartment2,033 sq ft⃃ 4,055,667Primary · Off-plan
01/10/2018Damac Towers By Paramount B3 beds · Apartment1,997 sq ft⃃ 3,950,100Primary · Off-plan
25/06/2018Damac Towers By Paramount B3 beds · Apartment1,744 sq ft⃃ 3,815,427Primary · Off-plan
20/05/2018Damac Towers By Paramount B3 beds · Apartment1,744 sq ft⃃ 3,699,581Primary · Off-plan
27/08/2018Damac Towers By Paramount B3 beds · Apartment1,744 sq ft⃃ 3,661,508Primary · Off-plan
01/10/2018Damac Towers By Paramount B3 beds · Apartment1,744 sq ft⃃ 3,593,100Primary · Off-plan
10/09/2018Damac Towers By Paramount B3 beds · Apartment1,747 sq ft⃃ 3,575,000Primary · Off-plan
10/09/2018Damac Towers By Paramount B3 beds · Apartment1,747 sq ft⃃ 3,575,000Primary · Off-plan
06/09/2018Damac Towers By Paramount B3 beds · Apartment1,744 sq ft⃃ 3,422,000Primary · Off-plan

What were the last registered sales of 2018?

DatePropertyTypeSizePriceMarket
18/12/2018Damac Towers By Paramount B1 bed · Apartment929 sq ft⃃ 1,500,000Resale · Ready
14/11/2018Damac Towers By Paramount B1 bed · Apartment929 sq ft⃃ 2,065,840Primary · Ready
30/10/2018Damac Towers By Paramount B1 bed · Apartment971 sq ft⃃ 1,400,000Resale · Ready
09/10/2018Damac Towers By Paramount B1 bed · Apartment1,055 sq ft⃃ 2,233,920Primary · Off-plan
01/10/2018Damac Towers By Paramount B2 beds · Apartment1,517 sq ft⃃ 3,131,100Primary · Off-plan
01/10/2018Damac Towers By Paramount B3 beds · Apartment1,744 sq ft⃃ 3,593,100Primary · Off-plan
01/10/2018Damac Towers By Paramount B2 beds · Apartment1,388 sq ft⃃ 2,967,300Primary · Off-plan
01/10/2018Damac Towers By Paramount B3 beds · Apartment1,997 sq ft⃃ 3,950,100Primary · Off-plan
11/09/2018Damac Towers By Paramount B2 beds · Apartment1,388 sq ft⃃ 2,608,778Primary · Off-plan
11/09/2018Damac Towers By Paramount B1 bed · Apartment942 sq ft⃃ 1,911,420Primary · Off-plan

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 2018 with the whole of 2017.
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-b/2018
Damac Towers By Paramount B Property Transactions 2018. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/damac-towers-by-paramount-b/2018

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 B in 2018?
36 property sales worth ⃃ 99,976,669 were registered in Damac Towers By Paramount B in 2018. That is 30.8% lower than 2017.
What was the median property price in Damac Towers By Paramount B in 2018?
The median sale price was ⃃ 2,679,889 and the median price per square foot ⃃ 2,119 (1 Jan – 31 Dec 2018).
What share of 2018 sales in Damac Towers By Paramount B were off-plan or from developers?
Developer (primary) sales were 94.4% of the 36 sales and resales 5.6%. Off-plan units made up 91.7% and ready units 8.3%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 14 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/damac-towers-by-paramount-b/2018