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Building · Transactions · 2020

Damac Towers By Paramount B Property Transactions 2020

59 property sales worth ⃃ 105.71M were registered in Damac Towers By Paramount B in 2020, 227.8% higher than 2019 by number of sales. The median sale price was ⃃ 1,712,000 and the median price per square foot ⃃ 1,242 (−38.2% on 2019).

Period: 1 Jan – 31 Dec 2020Compared with: 2019Sample: 59 salesUpdated: 15 Nov 2026
Property sales
59
+227.8% vs 2019
1 Jan – 31 Dec 2020
Total value
⃃ 105.71M
+141.0% vs 2019
1 Jan – 31 Dec 2020
Median sale price
⃃ 1,712,000
−17.4% vs 2019
59 sales
Median price per sq ft
⃃ 1,242
−38.2% vs 2019
59 sales

What types of property sold in Damac Towers By Paramount B in 2020?

1 Jan – 31 Dec 2020

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments59100%⃃ 105.71M⃃ 1,712,000⃃ 1,242

How were 2020 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)3966.1%⃃ 80.65M⃃ 2,042,000⃃ 1,320
Resale (secondary)2033.9%⃃ 25.06M⃃ 1,124,448⃃ 1,006
Ready59100%⃃ 105.71M⃃ 1,712,000⃃ 1,242

How many rental contracts were registered in Damac Towers By Paramount B in 2020?

176 rental contracts (new and renewed) were registered in Damac Towers By Paramount B in 2020, at a median annual rent of ⃃ 78,000 (−3.7% on 2019). Rental yields in Damac Towers By Paramount B

What were the most expensive property sales in Damac Towers By Paramount B in 2020?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
04/02/2020Damac Towers By Paramount B2 beds · Apartment1,515 sq ft⃃ 3,965,000Primary · Ready
05/05/2020Damac Towers By Paramount B3 beds · Apartment2,053 sq ft⃃ 3,582,000Primary · Ready
08/01/2020Damac Towers By Paramount B3 beds · Apartment1,975 sq ft⃃ 3,242,178Primary · Ready
04/02/2020Damac Towers By Paramount B1 bed · Apartment1,055 sq ft⃃ 2,807,000Primary · Ready
04/02/2020Damac Towers By Paramount B1 bed · Apartment1,055 sq ft⃃ 2,806,000Primary · Ready
30/01/2020Damac Towers By Paramount B1 bed · Apartment1,055 sq ft⃃ 2,804,000Primary · Ready
04/02/2020Damac Towers By Paramount B1 bed · Apartment1,055 sq ft⃃ 2,803,000Primary · Ready
04/02/2020Damac Towers By Paramount B1 bed · Apartment1,055 sq ft⃃ 2,802,000Primary · Ready
13/02/2020Damac Towers By Paramount B3 beds · Apartment1,747 sq ft⃃ 2,632,000Primary · Ready
13/02/2020Damac Towers By Paramount B3 beds · Apartment1,747 sq ft⃃ 2,618,550Primary · Ready

What were the last registered sales of 2020?

DatePropertyTypeSizePriceMarket
31/12/2020Damac Towers By Paramount B1 bed · Apartment929 sq ft⃃ 1,146,000Primary · Ready
30/12/2020Damac Towers By Paramount B2 beds · Apartment1,394 sq ft⃃ 1,840,000Primary · Ready
29/12/2020Damac Towers By Paramount B1 bed · Apartment929 sq ft⃃ 1,160,000Resale · Ready
28/12/2020Damac Towers By Paramount B1 bed · Apartment1,055 sq ft⃃ 1,409,280Primary · Ready
20/12/2020Damac Towers By Paramount B1 bed · Apartment942 sq ft⃃ 1,190,000Primary · Ready
09/12/2020Damac Towers By Paramount B2 beds · Apartment1,394 sq ft⃃ 1,438,557Resale · Ready
09/12/2020Damac Towers By Paramount B3 beds · Apartment1,747 sq ft⃃ 1,802,562Resale · Ready
09/12/2020Damac Towers By Paramount B2 beds · Apartment1,515 sq ft⃃ 1,563,194Resale · Ready
09/12/2020Damac Towers By Paramount B1 bed · Apartment1,055 sq ft⃃ 1,088,895Resale · Ready
09/12/2020Damac Towers By Paramount B1 bed · Apartment939 sq ft⃃ 968,931Resale · 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 2020 with the whole of 2019.
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/2020
Damac Towers By Paramount B Property Transactions 2020. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/damac-towers-by-paramount-b/2020

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 2020?
59 property sales worth ⃃ 105,705,073 were registered in Damac Towers By Paramount B in 2020. That is 227.8% higher than 2019.
What was the median property price in Damac Towers By Paramount B in 2020?
The median sale price was ⃃ 1,712,000 and the median price per square foot ⃃ 1,242 (1 Jan – 31 Dec 2020).
What share of 2020 sales in Damac Towers By Paramount B were off-plan or from developers?
Developer (primary) sales were 66.1% of the 59 sales and resales 33.9%. 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/2020