PropertyIndex

Damac City

Under Construction · Due Q4 2025 · 38%|511 units · 2 buildings

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Damac City is an under-construction apartment development by J A PARKS L.L.C in Dubai Water Canal, Al Wasl, comprising 511 registered units. 595 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,613 per sqft. At AED 2,613 per sqft, Damac City prices 22% below the Dubai Water Canal average of AED 3,345 per sqft on registered sales.

PIX© price · 7.3% YoY
4.96MAED
Typical
2,613AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
595
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
Damac City

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoY
PIX© Core
Project-Wide
743 – 9,200 sqft
5114.96M2,6137.3%
Residential
1 Bed · Apartment
836 – 1,263 sqft
205
2 Bed · Apartment
1,230 – 3,490 sqft
249
3 Bed · Apartment
1,954 – 4,834 sqft
45
4 Bed · Apartment
2,860 – 6,346 sqft
8
5 Bed · Apartment
8,984 – 9,200 sqft
2
Commercial
Shop
743 – 1,201 sqft
2
No rental contracts registered — the project has not handed over.
Sales — Project-Wide595 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Tower & Floor Analysis
last 24 months
All towers · 118 sales
Floors 1-33 · 82 sales
Floors 34-50 · 36 sales
Tower B · 64 sales
Floors 1-33 · 44 sales
Floors 34-50 · 20 sales
Tower A · 54 sales
Floors 1-33 · 38 sales
Floors 34-50 · 16 sales
Latest transactions
DatePositionSizePricePSFvs Prior SaleTierType
9 Jun 2026Tower B · Floor 198392,303,0002,745PremiumOff-Plan Sale
6 Jun 2026Tower B · Floor 308391,839,0002,1920.0%StandardOff-Plan Sale
18 May 2026Tower B · Floor 218392,320,0002,765PremiumOff-Plan Sale
Rentals — Project-Wide
PIX© rent analysis
No Ejari rental contracts. Contracts appear once handover occurs and tenancies are registered.

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Dubai Water Canal

The closest-priced registered projects in Dubai Water Canal.

Common questions about Damac City

Answered from Dubai Land Department registered transactions.

How much does a property in Damac City cost?

Property in Damac City sells at a current PIX© price of AED 2,613 per sqft, or about AED 4,958,871 for a typical unit, based on 595 sales registered with the Dubai Land Department.

When is Damac City handing over?

Damac City is under construction, due q4 2025, and is 38% complete against the Dubai Land Department's reported progress.

Who is the developer of Damac City?

Damac City is developed by J A PARKS L.L.C, the developer recorded against the project in the Dubai Land Department register.

How many units are in Damac City?

Damac City holds 511 registered units, per the Dubai Land Department unit register.

Have prices in Damac City gone up or down?

Price per sqft has fallen -7.3% over the last 12 months, to AED 2,613, across 595 registered sales.