AED 1,500,000/ year
Luxury penthouse in Business Bay with Burj Khalifa view
SAAS Tower · 4 bed · 5 bath · 7,877 sqft
Building · Business Bay
Properties for rent in Damac Towers by Paramount Tower B
Nothing for rent in Damac Towers by Paramount Tower B with McCone right now. What Business Bay rents for, and what this building yields, below.
Business Bay rent per sq ft
AED 97
a year · 17,477 contracts in Business Bay
Gross yield
7.3%
1 B/R · Business Bay rents over its own sale prices
Recorded sale price
AED 2,864
per sq ft · 653 sales on record
Handed over
2019
Derived from the register
The area, not the building
Recorded rents in Business Bay
The register does not name Damac Towers by Paramount Tower B on enough contracts to quote it alone, so these are the community's figures — every tenancy registered in the last twelve months, read from Business Bay. The full Business Bay rental report →
| Layout | Median rent | New lease | Renewal | Per sq ft / year | Contracts |
|---|---|---|---|---|---|
| Studio | 66,000 | 69,000 | 63,058 | 140 | 4,132 |
| 1 B/R | 87,000 | 90,000 | 82,000 | 116 | 7,325 |
| 2 B/R | 125,000 | 136,250 | 115,000 | 97 | 4,568 |
| 3 B/R | 170,000 | 185,000 | 160,719 | 88 | 1,330 |
| 4 B/R | 300,000 | 300,000 | 300,000 | 84 | 109 |
A community figure, not this building’s. A tower priced below its neighbours usually lets below them too; a tower priced above them, above. Use these as the range the building sits in.
Rent against price
Gross yield in Damac Towers by Paramount Tower B
Business Bay's recorded rent per square foot a year over this building's own recorded resale price per square foot — an indicative figure, since the rent is the area's and the price is the building's.
| Layout | Rent / sq ft / year | Rent from | Sale / sq ft | Gross yield |
|---|---|---|---|---|
| 2 B/R | 97 | Business Bay · 4,568 | 1,469 | 6.6% |
| 3 B/R | 88 | Business Bay · 1,330 | 1,553 | 5.7% |
| 1 B/R | 116 | Business Bay · 7,325 | 1,593 | 7.3% |
Gross: before service charges, agency fees and any months empty between tenants. The sale side is completed homes sold here in the last three years, five or more of a layout.
For rent nearby · Business Bay
Homes to rent in Business Bay now
Our live rental stock in the community. Everything for rent in Business Bay →
AED 1,300,000/ year
Luxury Penthouse | Burj View | Huge Layout
SAAS Tower · 4 bed · 5 bath · 7,877 sqft
AED 1,000,000/ year
Branded | Best Price | Full Canal View
Jumeirah Living Business Bay · 4 bed · 6 bath · 4,333 sqft
AED 780,000/ year
Area Expert | Ultra-Luxury Living | Canal View
Jumeirah Living Business Bay · 3 bed · 5 bath · 3,372 sqft
AED 500,000/ year
Ultra Luxury | Canal View | 2BR + Maids
Jumeirah Living Business Bay · 2 bed · 4 bath · 2,113 sqft
AED 500,000/ year
Fully Fitted | Vacant Now | Near Metro | Spacious
One by Omniyat · 1 bath · 2,868 sqft
Where these numbers come from. Every rent on this page is a tenancy contract registered with Ejari, the Dubai Land Department’s rental register, read directly from the Dubai Data Exchange. It is what tenants actually agreed to pay — not asking rents, not our own estimates. Homes only: offices, shops, labour accommodation and whole-building leases are excluded, as are contracts covering several properties at one price and the register’s own typing errors. The register records the area a home sits in and, on about a quarter of contracts, the project — never the building on its own — so a community’s figures are its DLD area’s, and a building’s are its own only where the register names it. Medians are used rather than averages so one unusual contract cannot move the number. Data through 4 Sept 2026.