PropertyIndex

DAMAC

Developer in Dubai · 1 project across 1 community

DAMAC is a Dubai property developer with 1 registered project comprising 993 units. 66 sales are registered with the Dubai Land Department across its portfolio, at a current PIX© price of AED 1,745 per sqft. At AED 1,745 per sqft, DAMAC prices 9% below the Dubai market average of AED 1,925 per sqft on registered sales.

Projects
1
1 completed
Inventory
993units
993 completed
Communities
1
across Dubai
PIX© PSF
1,745AED/sqft
↓8.1% YoY
Gross yield
6.6%
PIX© rent ÷ PIX© price
Sale records
66
DLD · L12M · 96.36M AED
Rent contracts
331
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
Aykon City Tower C
DAMACCompleted
PIX© PSF
Trend
Typical price
Yield
Units
993
Sales · L12M
66
Rents · L12M
331
RankProjectUnitsPIX© PSFPSF YoYTypical priceYieldSalesRents
Aykon City Tower C
DAMAC · Completed
99366331
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 1,745 per sqft on current PIX© values, based on 66 sales registered with the Dubai Land Department in the last 12 months.

What rental yield do DAMAC properties achieve?

DAMAC yields 6.6% gross, calculated from current PIX© rents against current PIX© sale prices across 331 registered Ejari contracts.

How many projects does DAMAC have in Dubai?

DAMAC holds 1 registered project comprising 993 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 -8.1% over the last 12 months, to AED 1,745 per sqft, across 66 registered sales.

Is DAMAC expensive compared to the Dubai market?

At AED 1,745 per sqft, DAMAC prices 9% below the Dubai market average of AED 1,925 per sqft on registered sales.