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Building · Transactions · 2023

Damac Towers By Paramount D Property Transactions 2023

42 property sales worth ⃃ 85.1M were registered in Damac Towers By Paramount D in 2023, 40.8% lower than 2022 by number of sales. The median sale price was ⃃ 1,992,500 and the median price per square foot ⃃ 1,537 (−0.2% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 42 salesUpdated: 15 Nov 2026
Property sales
42
−40.8% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 85.1M
−38.1% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 1,992,500
+1.7% vs 2022
42 sales
Median price per sq ft
⃃ 1,537
−0.2% vs 2022
42 sales

What types of property sold in Damac Towers By Paramount D in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments42100%⃃ 85.1M⃃ 1,992,500⃃ 1,537

How were 2023 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)511.9%⃃ 13.17M⃃ 2,666,580⃃ 1,751
Resale (secondary)3788.1%⃃ 71.93M⃃ 1,860,000⃃ 1,485
Ready42100%⃃ 85.1M⃃ 1,992,500⃃ 1,537

How many rental contracts were registered in Damac Towers By Paramount D in 2023?

227 rental contracts (new and renewed) were registered in Damac Towers By Paramount D in 2023, at a median annual rent of ⃃ 110,000 (+15.8% on 2022). Rental yields in Damac Towers By Paramount D

What were the most expensive property sales in Damac Towers By Paramount D in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
10/01/2023Damac Towers By Paramount D3 beds · Apartment2,044 sq ft⃃ 3,576,545Resale · Ready
23/08/2023Damac Towers By Paramount D3 beds · Apartment1,919 sq ft⃃ 3,432,940Resale · Ready
28/02/2023Damac Towers By Paramount D2 beds · Apartment1,517 sq ft⃃ 3,000,000Resale · Ready
03/05/2023Damac Towers By Paramount D2 beds · Apartment1,777 sq ft⃃ 2,911,580Primary · Ready
13/01/2023Damac Towers By Paramount D2 beds · Apartment1,515 sq ft⃃ 2,810,000Primary · Ready
15/08/2023Damac Towers By Paramount D2 beds · Apartment1,517 sq ft⃃ 2,800,000Resale · Ready
13/07/2023Damac Towers By Paramount D3 beds · Apartment1,747 sq ft⃃ 2,800,000Resale · Ready
15/06/2023Damac Towers By Paramount D2 beds · Apartment1,394 sq ft⃃ 2,719,216Resale · Ready
14/04/2023Damac Towers By Paramount D2 beds · Apartment1,523 sq ft⃃ 2,666,580Primary · Ready
21/03/2023Damac Towers By Paramount D3 beds · Apartment1,744 sq ft⃃ 2,650,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
05/12/2023Damac Towers By Paramount D1 bed · Apartment1,250 sq ft⃃ 2,232,000Primary · Ready
24/11/2023Damac Towers By Paramount D1 bed · Apartment929 sq ft⃃ 1,002,000Resale · Ready
21/11/2023Damac Towers By Paramount D1 bed · Apartment929 sq ft⃃ 1,440,000Resale · Ready
20/11/2023Damac Towers By Paramount D1 bed · Apartment939 sq ft⃃ 1,450,000Resale · Ready
14/11/2023Damac Towers By Paramount D2 beds · Apartment1,388 sq ft⃃ 2,125,000Resale · Ready
11/10/2023Damac Towers By Paramount D1 bed · Apartment929 sq ft⃃ 1,150,000Resale · Ready
09/10/2023Damac Towers By Paramount D2 beds · Apartment1,388 sq ft⃃ 1,985,000Resale · Ready
04/10/2023Damac Towers By Paramount D3 beds · Apartment2,063 sq ft⃃ 2,000,000Resale · Ready
02/10/2023Damac Towers By Paramount D1 bed · Apartment1,055 sq ft⃃ 1,550,000Resale · Ready
28/09/2023Damac Towers By Paramount D1 bed · Apartment1,055 sq ft⃃ 1,860,000Resale · 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 2023 with the whole of 2022.
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/2023
Damac Towers By Paramount D Property Transactions 2023. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/damac-towers-by-paramount-d/2023

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 2023?
42 property sales worth ⃃ 85,101,947 were registered in Damac Towers By Paramount D in 2023. That is 40.8% lower than 2022.
What was the median property price in Damac Towers By Paramount D in 2023?
The median sale price was ⃃ 1,992,500 and the median price per square foot ⃃ 1,537 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Damac Towers By Paramount D were off-plan or from developers?
Developer (primary) sales were 11.9% of the 42 sales and resales 88.1%. 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/2023