PropertyIndex

DAMAC

Developer in Dubai · 1 project across 1 community

DAMAC is a Dubai property developer with 1 registered project comprising 507 units. 32 sales are registered with the Dubai Land Department across its portfolio, at a current PIX© price of AED 1,500 per sqft. At AED 1,500 per sqft, DAMAC prices 22% below the Dubai market average of AED 1,916 per sqft on registered sales.

Projects
1
1 completed
Inventory
507units
507 completed
Communities
1
across Dubai
PIX© PSF
1,500AED/sqft
↓4.8% YoY
Gross yield
8.3%
PIX© rent ÷ PIX© price
Sale records
32
DLD · L12M · 34.36M AED
Rent contracts
221
Ejari · L12M

Portfolio

Every DAMAC project. PIX© PSF-priced projects appear first; projects without a current price follow. Select a marker or number for the snapshot.

CompletedSelectedNumbers follow table order · PIX© PSF-priced projects first
Selected · #1 of 1
DAMAC Majestine
DAMACCompleted
PIX© PSF
Trend
Typical price
Yield
Units
507
Sales · L12M
32
Rents · L12M
221
RankProjectUnitsPIX© PSFPSF YoYTypical priceYieldSalesRents
DAMAC Majestine
DAMAC · Completed
50732221
Sales and rents are last-12-month DLD/Ejari records.

Common questions about DAMAC

Answered from Dubai Land Department registered transactions.

How much does a DAMAC property cost?

DAMAC prices at AED 1,500 per sqft on current PIX© values, based on 32 sales registered with the Dubai Land Department in the last 12 months.

What rental yield do DAMAC properties achieve?

DAMAC yields 8.3% gross, calculated from current PIX© rents against current PIX© sale prices across 221 registered Ejari contracts.

How many projects does DAMAC have in Dubai?

DAMAC holds 1 registered project comprising 507 units, per the Dubai Land Department project register.

Where does DAMAC build in Dubai?

DAMAC has registered projects in Business Bay, per the Dubai Land Department project register.

Have DAMAC prices gone up or down?

Prices across DAMAC's portfolio have fallen -4.8% over the last 12 months, to AED 1,500 per sqft, across 32 registered sales.

Is DAMAC expensive compared to the Dubai market?

At AED 1,500 per sqft, DAMAC prices 22% below the Dubai market average of AED 1,916 per sqft on registered sales.