PropertyIndex

DAMAC

Developer in Dubai · 1 project across 1 community

DAMAC is a Dubai property developer with 1 registered project comprising 507 units. 34 sales are registered with the Dubai Land Department across its portfolio, at a current PIX© price of AED 1,443 per sqft. At AED 1,443 per sqft, DAMAC prices 26% below the Dubai market average of AED 1,939 per sqft on registered sales.

Projects
1
1 completed
Inventory
507units
507 completed
Communities
1
across Dubai
PIX© PSF
1,443AED/sqft
5.2% YoY
Gross yield
9.7%
PIX© rent ÷ PIX© price
Sale records
34
DLD · L12M · 37.30M AED
Rent contracts
216
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.

Map of comparable projects in this portfolio
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
34
Rents · L12M
216
RankProjectUnitsPIX© PSFPSF YoYTypical priceYieldSalesRents
DAMAC Majestine
DAMAC · Completed
50734216
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 1,443 per sqft on current PIX© values, based on 34 sales registered with the Dubai Land Department in the last 12 months.

What rental yield do DAMAC properties achieve?

DAMAC yields 9.7% gross, calculated from current PIX© rents against current PIX© sale prices across 216 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 -5.2% over the last 12 months, to AED 1,443 per sqft, across 34 registered sales.

Is DAMAC expensive compared to the Dubai market?

At AED 1,443 per sqft, DAMAC prices 26% below the Dubai market average of AED 1,939 per sqft on registered sales.