PropertyIndex

DAMAC

Developer in Dubai · 2 projects across 1 community

DAMAC is a Dubai property developer with 2 registered projects comprising 2,836 units. 132 sales are registered with the Dubai Land Department across its portfolio, at a current PIX© price of AED 1,679 per sqft. At AED 1,679 per sqft, DAMAC prices 13% below the Dubai market average of AED 1,939 per sqft on registered sales.

Projects
2
1 completed · 1 in progress
Inventory
2,836units
1,232 completed · 1,604 in progress
Communities
1
across Dubai
PIX© PSF
1,679AED/sqft
15.7% YoY
Gross yield
6.9%
PIX© rent ÷ PIX© price
Sale records
132
DLD · L12M · 169.65M AED
Rent contracts
0
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
CompletedIn progressSelectedNumbers follow table order · PIX© PSF-priced projects first
Selected · #1 of 2
Aykon City Tower A
DAMACUnder Construction
PIX© PSF
Trend
Typical price
Yield
Units
1,604
Sales · L12M
20
Rents · L12M
-
RankProjectUnitsPIX© PSFPSF YoYTypical priceYieldSalesRents
Aykon City Tower A
DAMAC · Under Construction
1,60420-
Aykon City Tower B
DAMAC · Completed
1,232112-
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 1,679 per sqft on current PIX© values, based on 132 sales registered with the Dubai Land Department in the last 12 months.

What rental yield do DAMAC properties achieve?

DAMAC yields 6.9% gross, calculated from current PIX© rents against current PIX© sale prices across 0 registered Ejari contracts.

How many projects does DAMAC have in Dubai?

DAMAC holds 2 registered projects comprising 2,836 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 -15.7% over the last 12 months, to AED 1,679 per sqft, across 132 registered sales.

Is DAMAC expensive compared to the Dubai market?

At AED 1,679 per sqft, DAMAC prices 13% below the Dubai market average of AED 1,939 per sqft on registered sales.