PropertyIndex

DAMAC

Developer in Dubai · 2 projects across 1 community

DAMAC is a Dubai property developer with 2 registered projects comprising 2,836 units. 126 sales are registered with the Dubai Land Department across its portfolio, at a current PIX© price of AED 1,755 per sqft. At AED 1,755 per sqft, DAMAC prices 8% below the Dubai market average of AED 1,916 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
1,755AED/sqft
↓15.1% YoY
Gross yield
3.2%
PIX© rent ÷ PIX© price
Sale records
126
DLD · L12M · 158.13M 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.

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
16
Rents · L12M
-
RankProjectUnitsPIX© PSFPSF YoYTypical priceYieldSalesRents
Aykon City Tower A
DAMAC · Under Construction
1,60416-
Aykon City Tower B
DAMAC · Completed
1,232110-
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 1,755 per sqft on current PIX© values, based on 126 sales registered with the Dubai Land Department in the last 12 months.

What rental yield do DAMAC properties achieve?

DAMAC yields 3.2% 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 -15.1% over the last 12 months, to AED 1,755 per sqft, across 126 registered sales.

Is DAMAC expensive compared to the Dubai market?

At AED 1,755 per sqft, DAMAC prices 8% below the Dubai market average of AED 1,916 per sqft on registered sales.