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Building · Transactions · 2019

Damac Towers By Paramount B Property Transactions 2019

18 property sales worth ⃃ 43.86M were registered in Damac Towers By Paramount B in 2019, 50.0% lower than 2018 by number of sales. The median sale price was ⃃ 2,073,625 and the median price per square foot ⃃ 2,010 (−5.2% on 2018).

Period: 1 Jan – 31 Dec 2019Compared with: 2018Sample: 18 salesUpdated: 15 Nov 2026
Property sales
18
−50.0% vs 2018
1 Jan – 31 Dec 2019
Total value
⃃ 43.86M
−56.1% vs 2018
1 Jan – 31 Dec 2019
Median sale price
⃃ 2,073,625
−22.6% vs 2018
18 sales
Median price per sq ft
⃃ 2,010
−5.2% vs 2018
18 sales

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

1 Jan – 31 Dec 2019

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments18100%⃃ 43.86M⃃ 2,073,625⃃ 2,010

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)1266.7%⃃ 35.48M⃃ 2,764,100⃃ 2,091
Resale (secondary)633.3%⃃ 8.38M⃃ 1,380,000⃃ 1,061
Ready18100%⃃ 43.86M⃃ 2,073,625⃃ 2,010

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

130 rental contracts (new and renewed) were registered in Damac Towers By Paramount B in 2019, at a median annual rent of ⃃ 81,000 (−42.1% on 2018). Rental yields in Damac Towers By Paramount B

What were the most expensive property sales in Damac Towers By Paramount B 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
18/12/2019Damac Towers By Paramount B3 beds · Apartment1,923 sq ft⃃ 2,944,000Primary · Ready
07/03/2019Damac Towers By Paramount B2 beds · Apartment1,386 sq ft⃃ 2,941,200Primary · Ready
18/11/2019Damac Towers By Paramount B2 beds · Apartment1,515 sq ft⃃ 2,587,000Primary · Ready
07/03/2019Damac Towers By Paramount B1 bed · Apartment1,041 sq ft⃃ 2,250,550Primary · Ready
14/07/2019Damac Towers By Paramount B1 bed · Apartment949 sq ft⃃ 2,100,000Resale · Ready
07/03/2019Damac Towers By Paramount B1 bed · Apartment944 sq ft⃃ 2,047,250Primary · Ready

What were the last registered sales of 2019?

DatePropertyTypeSizePriceMarket
18/12/2019Damac Towers By Paramount B3 beds · Apartment1,923 sq ft⃃ 2,944,000Primary · Ready
24/11/2019Damac Towers By Paramount B1 bed · Apartment942 sq ft⃃ 1,551,000Primary · Ready
18/11/2019Damac Towers By Paramount B2 beds · Apartment1,515 sq ft⃃ 2,587,000Primary · Ready
18/11/2019Damac Towers By Paramount B1 bed · Apartment951 sq ft⃃ 1,938,000Primary · Ready
30/09/2019Damac Towers By Paramount B1 bed · Apartment939 sq ft⃃ 890,000Resale · Ready
14/07/2019Damac Towers By Paramount B1 bed · Apartment949 sq ft⃃ 2,100,000Resale · Ready
24/06/2019Damac Towers By Paramount B2 beds · Apartment1,394 sq ft⃃ 1,500,000Resale · Ready
24/06/2019Damac Towers By Paramount B2 beds · Apartment1,434 sq ft⃃ 1,500,000Resale · Ready
20/06/2019Damac Towers By Paramount B1 bed · Apartment987 sq ft⃃ 1,130,000Resale · Ready
09/06/2019Damac Towers By Paramount B3 beds · Apartment1,919 sq ft⃃ 4,197,000Primary · 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-b/2019
Damac Towers By Paramount B Property Transactions 2019. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/damac-towers-by-paramount-b/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 B in 2019?
18 property sales worth ⃃ 43,862,450 were registered in Damac Towers By Paramount B in 2019. That is 50.0% lower than 2018.
What was the median property price in Damac Towers By Paramount B in 2019?
The median sale price was ⃃ 2,073,625 and the median price per square foot ⃃ 2,010 (1 Jan – 31 Dec 2019).
What share of 2019 sales in Damac Towers By Paramount B were off-plan or from developers?
Developer (primary) sales were 66.7% of the 18 sales and resales 33.3%. 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/2019