Distress deals in DAMAC Paramount, Business Bay Dubai — below-market apartments for sale
Business Bay · Below Market4 Distress Deals Available

Distress Deals in DAMAC Paramount

Below-Market Apartments for Sale in DAMAC Towers by Paramount, Business Bay

Verified DAMAC Paramount apartments from motivated sellers — 2 bedroom & 3 bedroom units at 10–30% below market value in one of Business Bay's most iconic hotel-branded towers, minutes from Downtown Dubai.

View Available ApartmentsRequest Distress Deal List
10–30% Below Market
Business Bay · Downtown Adjacent
RERA-Licensed & DLD-Verified
Hotel-Branded · Strong Yields
Verified Inventory

DAMAC Paramount Apartments for Sale

Hand-selected distress deals and resale apartments in DAMAC Towers by Paramount — RERA-verified and ready to transact. Currently 4 × 2 bedroom units available.

The Complete Guide

DAMAC Paramount Distress Deals & Apartments — A Complete Buyer's Guide

Written & reviewed by the 707 Real Estate Business Bay team RERA-licensedLast updated

DAMAC Paramount — the DAMAC Towers by Paramount Hotels & Resorts — is a landmark four-tower branded development in Business Bay, Dubai, combining hotel-serviced residences with Hollywood-inspired design, moments from Downtown Dubai, the Burj Khalifa and Dubai Canal. Because it is an investor-heavy, branded tower with high turnover, distress deals in DAMAC Paramount appear regularly — motivated sellers needing a fast exit will price a unit 10–30% below comparable transactions. Below is everything you need to know before you buy an apartment in DAMAC Paramount.

DAMAC Paramount Apartment Types

The towers offer a full range of hotel-branded residences. The most in-demand DAMAC Paramount apartments in our distress-deal inventory are:

  • Studios & 1 bedroom: Compact, high-yield units popular with short-let and buy-to-rent investors chasing Business Bay occupancy.
  • 2 bedroom apartments: The sweet spot for a 2 bedroom DAMAC Paramount apartment — strong tenant demand from professionals and small families, ideal for both yield and resale.
  • 3 bedroom apartments: Larger 3 bedroom DAMAC Paramount apartments for end-users and families wanting branded, serviced living near Downtown.
  • Penthouses & upper-floor units: Premium high-floor residences with Burj Khalifa, canal and skyline views — the rarest distress opportunities.

Why DAMAC Paramount Has Distress Deals

Understanding why a seller is motivated helps you spot a genuine DAMAC Paramount distress deal from an ordinary resale:

Investor exits

Overseas investors liquidating quickly for personal or portfolio reasons accept below-market offers for a fast close.

Payment-plan pressure

Owners facing upcoming instalments or refinancing deadlines sell at a discount to avoid default.

Service-charge arrears

Sellers wanting a clean exit from outstanding community fees price aggressively for a quick, unencumbered transfer.

Relocation & urgency

Owners leaving the UAE on short notice prioritise speed of sale over headline price.

DAMAC Paramount Apartment Prices

DAMAC Paramount apartment prices depend on the tower, floor, view and size. A distress deal is best judged on price-per-sqft versus recent DLD transactions for the same unit type — a genuine 2 bedroom for sale in DAMAC Paramount or 3 bedroom for sale in DAMAC Paramount priced 10–30% under comparables is where the real value sits. Request our live price list for exact figures.

DAMAC Paramount apartment prices by type and size
ApartmentSizePriceApprox. Price / sqft
2 BEDROOMDistress1,514 sqftAED 2,400,000~AED 1,585
2 BEDROOMDistress1,394 sqftAED 2,400,000~AED 1,722
2 BEDROOMDistress1515 sqftAED 2,150,000~AED 1,419
2 BEDROOMDistress1515 sqftAED 2,000,000~AED 1,320

How to Buy a Distress Deal in DAMAC Paramount

The process to buy an apartment in DAMAC Paramount as a distress deal is straightforward with a RERA-licensed brokerage:

  1. Shortlist units by tower, floor, bedroom count and view.
  2. Verify the price against DLD comparable transactions in the same towers.
  3. Confirm the title deed and check for any outstanding service charges.
  4. Sign the MOU (Form F) and pay the agreed deposit.
  5. Complete the transfer at the Dubai Land Department and receive your title deed.

707 Real Estate manages every step — from sourcing off-market distress deals in DAMAC Paramount to closing — as a RERA-licensed brokerage.

Business Bay · Hotel-Branded Living

Why Buy an Apartment in DAMAC Paramount?

DAMAC Towers by Paramount is one of Business Bay's most recognisable addresses — a four-tower, hotel-serviced branded residence with Hollywood-inspired amenities, concierge services and direct access to Downtown Dubai, the Burj Khalifa and Dubai Canal.

For investors, the combination of a prime Business Bay location, hotel-branded management and strong short- and long-term rental demand makes DAMAC Paramount a proven yield play. Buying a DAMAC Paramount distress deal below market value locks in instant equity and lifts your effective rental return.

  • Distress deals 10–30% below DLD-verified market value
  • 2 bedroom & 3 bedroom apartments available
  • Prime Business Bay — minutes from Downtown Dubai
  • Hotel-branded, serviced residences with concierge
  • Strong short-let & long-term rental demand
  • RERA-licensed transactions via 707 Real Estate

DAMAC Paramount — Buyer Snapshot

  • DevelopmentDAMAC Towers by Paramount
  • LocationBusiness Bay, Dubai, UAE
  • TypeHotel-branded serviced residences
  • UnitsStudios · 1, 2 & 3 BR · Penthouses
  • Deal Range10–30% below market (distress)
  • ComplianceRERA-licensed · DLD-verified
Speak to a DAMAC Paramount Specialist

Distress Deals in DAMAC Paramount — FAQs

Are there distress deals in DAMAC Paramount?
Yes — 707 Real Estate currently has verified distress deals in DAMAC Paramount (DAMAC Towers by Paramount Hotels & Resorts, Business Bay). These are below-market apartments from motivated sellers who need a fast, clean exit, typically priced 10–30% under comparable DLD-verified transactions in the same towers. Availability changes quickly — contact us for the current DAMAC Paramount distress deal list and live pricing.
How much do DAMAC Paramount apartments cost?
Prices for DAMAC Paramount apartments depend on the tower, floor, view (Burj Khalifa, canal or Business Bay skyline), size and whether the unit is a distress sale. As a guide, studios start lower, 2 bedroom DAMAC Paramount apartments sit in the mid-range, and 3 bedroom units and penthouses command a premium. Distress deals in DAMAC Paramount are usually 10–30% below the current market for that unit type — request our DAMAC Paramount price list for exact figures.
Do you have 2 bedroom and 3 bedroom apartments for sale in DAMAC Paramount?
Yes. We regularly have 2 bedroom and 3 bedroom apartments for sale in DAMAC Paramount, including distress and resale units. A 2 bedroom DAMAC Paramount apartment suits investors and small families chasing strong Business Bay rental yields, while a 3 bedroom DAMAC Paramount apartment works well for larger families and end-users. Ask us for the current 2BR and 3BR DAMAC Paramount availability.
Where is DAMAC Paramount located?
DAMAC Paramount — the DAMAC Towers by Paramount Hotels & Resorts — is located in Business Bay, Dubai, moments from Downtown Dubai, the Burj Khalifa, Dubai Canal and Sheikh Zayed Road. It is a landmark four-tower branded development combining hotel-serviced residences with Hollywood-inspired amenities, making it one of Business Bay's most recognisable addresses.
Why buy an apartment in DAMAC Paramount?
Buying an apartment in DAMAC Paramount gives you a branded, hotel-serviced residence in the heart of Business Bay with direct access to Downtown Dubai. The towers offer strong short-term and long-term rental demand, hotel-managed services, and iconic architecture. Buying a DAMAC Paramount distress deal at 10–30% below market amplifies your effective rental yield and gives you built-in equity from day one.
How do I buy a distress deal in DAMAC Paramount?
To buy a distress deal in DAMAC Paramount you select the unit, verify the price against DLD comparables, confirm the title deed and any outstanding service charges, sign the MOU (Form F), pay the deposit, and complete the transfer at the Dubai Land Department. 707 Real Estate is a RERA-licensed brokerage and manages the full process end-to-end. Contact us to view the available DAMAC Paramount distress deals and start the purchase.

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DAMAC Paramount · Limited Deals

Request the DAMAC Paramount Distress Deal List

DAMAC Paramount distress deals move fast. Share your requirements and our Business Bay team will send the full list — 2 bedroom & 3 bedroom apartments, floors, views and pricing — plus any off-market DAMAC Paramount units not listed publicly.

Below-market apartments — 10–30% under comparables
2 bedroom & 3 bedroom DAMAC Paramount units
Full price, floor, view & due-diligence details
RERA-licensed · 707 Real Estate
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