Damac Towers

What you need to know about Damac Towers

Damac Towers is a prominent mixed-use development in the heart of Business Bay, Dubai, crafted by the renowned developer DAMAC Properties. Comprising four impressive towers, the complex rises to 85 floors and was completed in 2017. Strategically positioned within one of Dubai’s most dynamic business and lifestyle districts, Damac Towers offers a blend of residential apartments, serviced hotel units, and commercial spaces. The development is themed around luxury urban living, catering to both end-users and investors, and is available on a freehold ownership basis.


Key Facts

  • Developer: DAMAC Properties
  • Location: Business Bay, Dubai
  • Building Type: Mixed-use (Residential, Serviced Apartments, Commercial)
  • Available Unit Types: Studios, 1BR, 2BR, 3BR, Penthouses
  • Ownership Type: Freehold
  • Amenities:
    • State-of-the-art fitness center and gymnasium
    • Temperature-controlled swimming pools
    • Dedicated children’s play areas
    • Luxury spa and wellness center
    • 24-hour concierge and security services
    • High-speed elevators
    • Multi-level podium parking
    • Fine dining restaurants and cafes
    • Retail outlets and convenience stores
    • Landscaped gardens and outdoor seating areas
    • Meeting rooms and business facilities
    • Housekeeping and maintenance services (for serviced units)

Location

Nearest points of interest

Restaurants
Flashback Speakeasy Bar & Lounge
69 m
The Stage
70 m
Malibu Deck - Pool Bar
70 m
Pacific Groove - Restaurant & Lounge
70 m
Carna By Dario Cecchini
129 m
Groceries
O Mart Supermarket
617 m
Al Rayhan Grocery
651 m
Best Mart
700 m
Bridge City Minimart
790 m
Lets Go Mini Mart
841 m
Schools
Hartland International School
1.6 km
North London Collegiate School Dubai
1.9 km
Dubai International private School - BR
3.6 km
INTERNATIONAL CONCEPT EDUCATION
3.7 km
Iranian Towheed Boys School
3.7 km
Hospitals
Empire Dental Clinic
1 km
Bay Square Ladies Massage And Relaxation Center
1.3 km
Elite Style Polyclinic
1.6 km
Lookswoow
1.7 km
Jadore Medical Center
1.8 km
Religious
Ahel Al Sunnah Mosque (625)
1.4 km
Al Ghafoor Mosque
3.4 km
Bay avenue mousq
3.5 km
Makhtoom Bin Khalifa Bin Saeed Al Maktoom Mosque
3.6 km
Rashid bin Bakhit Mosque
3.6 km

Damac Towers is strategically located in Business Bay, Dubai, a thriving commercial and residential district adjacent to Downtown Dubai and the iconic Burj Khalifa. The development enjoys direct access to major arterial roads such as Sheikh Zayed Road and Al Khail Road, ensuring seamless connectivity to the rest of the city. The surrounding community is characterized by a vibrant mix of high-rise towers, waterfront promenades, and a cosmopolitan atmosphere, making it a sought-after address for professionals and families alike.


Accessibility is a key advantage of Damac Towers. The development is well-served by public transportation, with metro and bus stations within easy reach. Residents benefit from quick commutes to Dubai’s central business districts, leisure destinations, and Dubai International Airport.




  • Business Bay Metro Station – 5 minutes by drive
  • Burj Khalifa/Dubai Mall Metro Station – 8 minutes by drive


  • Business Bay Metro Bus Stop – 5 minutes by drive
  • Bay Square Bus Stop – 6 minutes by drive

Residents of Damac Towers benefit from secure, covered multi-level podium parking with allocated spaces for each unit. Visitor parking is available on a limited basis, with additional paid parking options nearby. The development’s parking facilities are designed for convenience and ease of access.



  • The Dubai Mall
  • Burj Khalifa
  • Dubai International Airport

Properties

Damac Towers offers a diverse selection of property types, including studios, one-, two-, and three-bedroom apartments, as well as luxurious penthouses. The residences are designed with modern layouts, featuring open-plan living areas, floor-to-ceiling windows, and private balconies that offer panoramic views of the Dubai skyline and canal. Kitchens are fully equipped with high-quality appliances, and bathrooms are finished with premium fittings. The development appeals to a wide audience, from young professionals seeking a vibrant urban lifestyle to families desiring spacious, well-appointed homes, and investors looking for high-yield opportunities in a prime location.



Average prices

TypeAvg. Price (AED/ year)
1 Bedroom117,000
2 Bedrooms208,000

The data displayed is based on average prices and sizes of all 1 Bedroom apartments in Damac Towers and Business Bay.

Recent rental transactions

DateRented Price (AED/Year)Contract StatusProperty TypeBedroomsSize (sqft)
31 May 2025 - 31 Aug 202693,750
Renewed
Apartment1 Bed808.69
25 May 2026 - 24 May 2027108,500
Renewed
Apartment1 Bed652.29
28 Apr 2026 - 27 Apr 2027170,000
New
Apartment1 Bed1022.25
1 Jul 2026 - 30 Jun 202774,000
Renewed
Apartment1 Bed643.79
1 May 2026 - 30 Apr 202780,800
Renewed
Apartment1 Bed907.18
25 May 2026 - 24 May 202768,000
Renewed
Apartment1 Bed684.69
16 May 2026 - 15 May 2027140,000
New
Apartment1 Bed1514.80
17 May 2026 - 16 May 202770,000
New
Apartment1 Bed708.59
1 Jun 2026 - 30 Sep 202620,700
Renewed
Apartment1 Bed616.34
14 May 2026 - 13 May 2031205,000
New
Apartment1 Bed934.31

The data displayed is based on average prices and sizes of all 1 Bedroom apartments in Business Bay.

See all Transactions

Comparable prices

Average price of a 1 bedroom apartment nearest to Damac Towers
Tower DTower ATower BDAMAC Towersby ParamountDamac Towers60K80K100K120K

The data displayed is based on average prices and sizes of 1 bedroom apartment rented in the last 3 months.

What Residents say about Damac Towers

Be the first to review Damac Towers

Ratings review
2.8
A
Abhi S.

I’ve spent a fair amount of time around Business Bay and it’s one of those areas that looks exactly how you’d expect Dubai to look - sleek, central, and always a bit on the go. Location-wise, it’s hard to fault. You’re minutes from everything includes the likes of Downtown, DIFC, Sheikh Zayed Road, and almost next door to The Dubai Mall, which is obviously one of the biggest highlights of the city. Getting around is pretty seamless overall, and public transport is a big plus here: metros, buses, and cabs are all easily available, so you’re not fully reliant on a car. What’s interesting about Business Bay is that while it’s very work-driven, it’s also quite residential, so you get a mix of both. There are loads of cafés, gyms, and restaurants, and the canal side is genuinely a highlight, especially in the cooler months when it’s great for a walk or even cycling. That said, it can feel a little… transactional. A lot of people are there for work, so it doesn’t always have that strong “community” vibe. Traffic can also be a bit chaotic during peak hours, and depending on the building, quality really varies; some are great, others not so much. Overall, it works really well if you want convenience, connectivity, and that polished city feel, with the added bonus of actually being able to live there and not just work there.

1.8
S
Samson P.

Business Bay Peak hour traffic is really a challenge to get out of business bay, the metro is always crowded, for families and bachelors its ideal for being the middle of the city and burj views

3.0
R
Rishab B.

Business Bay is Dubai’s thriving commercial and mixed-use hub, offering a dynamic environment for both work and lifestyle. Known for its modern skyline, it is home to numerous offices, corporate headquarters, and business centers, making it one of the city’s prime destinations for professionals and entrepreneurs. The community also features high-rise residential towers, stylish apartments, and waterfront promenades along the Dubai Canal, creating a live-work-play environment. Residents enjoy a variety of dining, retail, and leisure options, with easy access to Downtown Dubai, Burj Khalifa, and other key areas. Connectivity is excellent, with major roads and metro access ensuring smooth commuting. However, as a central business district, the area can experience traffic congestion during peak hours, and rental rates tend to be on the higher side. Overall, Business Bay is ideal for those seeking a modern, urban lifestyle in close proximity to Dubai’s commercial and entertainment core.

3.4
A
Ajmal S.

One of the most central and vibrant locations of Dubai - mix of commercial and residential buildings. Plenty of restaurants, cafes and hotels - giving an ideal city vibe plus very close proximity to Downtown Dubai and Burj Khalifa! The Dubai Canal within the area is great for evening walks. The parking and traffic can get bit intense especially during peak hours. Getting around Business Bay is not always the easiest - buses are the ideal option for public transport rather than the metro as the buildings are spread out.

5.0
H
Huda N.

Amazing

Area Score Breakdown

How do residents score the area in the following categories?

0.0

Frequently asked questions

Annual service charges in Damac Towers vary depending on the unit size and type. Typically, these charges cover the maintenance of common areas, security, and building amenities. For precise figures, it is advisable to consult the latest schedule of charges provided by DAMAC Properties or the property management office.
Damac Towers offers a comprehensive range of amenities, including a fully equipped gym, temperature-controlled swimming pools, luxury spa, children’s play areas, landscaped gardens, retail outlets, and 24-hour concierge and security services. Residents also benefit from on-site dining options and business facilities.
The development is well-connected by public transportation, with Business Bay Metro Station and several bus stops located within a short drive. Major roads such as Sheikh Zayed Road and Al Khail Road provide easy access to other parts of Dubai, making commuting convenient for residents.
Yes, residents are provided with secure, covered parking spaces within the multi-level podium parking facility. Visitor parking is also available, though on a limited basis, with additional paid parking options in the vicinity.
Damac Towers generally accommodates pets, but specific policies may vary depending on the management and the type of unit. It is recommended to confirm pet policies with the property management before moving in with pets.