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Building · Transactions · 2022

Damac Towers By Paramount D Property Transactions 2022

71 property sales worth ⃃ 137.54M were registered in Damac Towers By Paramount D in 2022, 91.9% higher than 2021 by number of sales. The median sale price was ⃃ 1,960,000 and the median price per square foot ⃃ 1,539 (+17.0% on 2021).

Period: 1 Jan – 31 Dec 2022Compared with: 2021Sample: 71 salesUpdated: 15 Nov 2026
Property sales
71
+91.9% vs 2021
1 Jan – 31 Dec 2022
Total value
⃃ 137.54M
+115.1% vs 2021
1 Jan – 31 Dec 2022
Median sale price
⃃ 1,960,000
+15.3% vs 2021
71 sales
Median price per sq ft
⃃ 1,539
+17.0% vs 2021
71 sales

What types of property sold in Damac Towers By Paramount D in 2022?

1 Jan – 31 Dec 2022

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments71100%⃃ 137.54M⃃ 1,960,000⃃ 1,539

How were 2022 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)3346.5%⃃ 72.73M⃃ 2,252,240⃃ 1,554
Resale (secondary)3853.5%⃃ 64.81M⃃ 1,608,859⃃ 1,317
Ready71100%⃃ 137.54M⃃ 1,960,000⃃ 1,539

How many rental contracts were registered in Damac Towers By Paramount D in 2022?

222 rental contracts (new and renewed) were registered in Damac Towers By Paramount D in 2022, at a median annual rent of ⃃ 95,000 (+15.9% on 2021). Rental yields in Damac Towers By Paramount D

What were the most expensive property sales in Damac Towers By Paramount D in 2022?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
17/03/2022Damac Towers By Paramount D2 beds · Apartment1,746 sq ft⃃ 3,744,400Resale · Ready
01/04/2022Damac Towers By Paramount D3 beds · Apartment2,063 sq ft⃃ 3,406,480Primary · Ready
04/08/2022Damac Towers By Paramount D3 beds · Apartment1,813 sq ft⃃ 3,182,000Primary · Ready
14/03/2022Damac Towers By Paramount D3 beds · Apartment2,014 sq ft⃃ 3,101,560Primary · Ready
19/10/2022Damac Towers By Paramount D3 beds · Apartment1,744 sq ft⃃ 3,009,319Resale · Ready
16/08/2022Damac Towers By Paramount D3 beds · Apartment1,747 sq ft⃃ 2,861,000Primary · Ready
19/10/2022Damac Towers By Paramount D2 beds · Apartment1,515 sq ft⃃ 2,793,000Primary · Ready
15/03/2022Damac Towers By Paramount D3 beds · Apartment1,744 sq ft⃃ 2,685,545Primary · Ready
19/10/2022Damac Towers By Paramount D2 beds · Apartment1,517 sq ft⃃ 2,638,750Resale · Ready
14/02/2022Damac Towers By Paramount D2 beds · Apartment1,517 sq ft⃃ 2,630,000Primary · Ready

What were the last registered sales of 2022?

DatePropertyTypeSizePriceMarket
13/12/2022Damac Towers By Paramount D1 bed · Apartment1,042 sq ft⃃ 2,299,200Primary · Ready
12/12/2022Damac Towers By Paramount D2 beds · Apartment1,515 sq ft⃃ 2,147,950Resale · Ready
07/12/2022Damac Towers By Paramount D1 bed · Apartment929 sq ft⃃ 1,350,000Resale · Ready
07/12/2022Damac Towers By Paramount D1 bed · Apartment1,055 sq ft⃃ 2,006,730Primary · Ready
30/11/2022Damac Towers By Paramount D1 bed · Apartment949 sq ft⃃ 1,534,452Resale · Ready
24/11/2022Damac Towers By Paramount D1 bed · Apartment920 sq ft⃃ 1,691,000Primary · Ready
22/11/2022Damac Towers By Paramount D1 bed · Apartment929 sq ft⃃ 1,550,000Resale · Ready
17/11/2022Damac Towers By Paramount D1 bed · Apartment1,055 sq ft⃃ 1,400,000Resale · Ready
14/11/2022Damac Towers By Paramount D1 bed · Apartment1,055 sq ft⃃ 1,960,000Primary · Ready
03/11/2022Damac Towers By Paramount D1 bed · Apartment939 sq ft⃃ 1,283,333Resale · 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 2022 with the whole of 2021.
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-d/2022
Damac Towers By Paramount D Property Transactions 2022. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/damac-towers-by-paramount-d/2022

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 D in 2022?
71 property sales worth ⃃ 137,544,561 were registered in Damac Towers By Paramount D in 2022. That is 91.9% higher than 2021.
What was the median property price in Damac Towers By Paramount D in 2022?
The median sale price was ⃃ 1,960,000 and the median price per square foot ⃃ 1,539 (1 Jan – 31 Dec 2022).
What share of 2022 sales in Damac Towers By Paramount D were off-plan or from developers?
Developer (primary) sales were 46.5% of the 71 sales and resales 53.5%. 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-d/2022