PropertyIndex

DAMAC

Developer in Dubai · 1 project across 1 community

DAMAC is a Dubai property developer with 1 registered project comprising 16,699 units. 1,858 sales are registered with the Dubai Land Department across its portfolio, at a current PIX© price of AED 1,572 per sqft. At AED 1,572 per sqft, DAMAC prices 18% below the Dubai market average of AED 1,916 per sqft on registered sales.

Projects
1
1 in progress
Inventory
16,699units
16,699 in progress
Communities
1
across Dubai
PIX© PSF
1,572AED/sqft
↓2.0% YoY
Gross yield
4.7%
PIX© rent ÷ PIX© price
Sale records
1,858
DLD · L12M · 4.27B AED
Rent contracts
2,718
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.

In progressSelectedNumbers follow table order · PIX© PSF-priced projects first
Selected · #1 of 1
Damac Hills
DAMACUnder Construction
PIX© PSF
Trend
Typical price
Yield
Units
16,699
Sales · L12M
1,858
Rents · L12M
2,718
RankProjectUnitsPIX© PSFPSF YoYTypical priceYieldSalesRents
Damac Hills
DAMAC · Under Construction
16,6991,8582,718
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 1,572 per sqft on current PIX© values, based on 1,858 sales registered with the Dubai Land Department in the last 12 months.

What rental yield do DAMAC properties achieve?

DAMAC yields 4.7% gross, calculated from current PIX© rents against current PIX© sale prices across 2,718 registered Ejari contracts.

How many projects does DAMAC have in Dubai?

DAMAC holds 1 registered project comprising 16,699 units, per the Dubai Land Department project register.

Where does DAMAC build in Dubai?

DAMAC has registered projects in Damac Hills, per the Dubai Land Department project register.

Have DAMAC prices gone up or down?

Prices across DAMAC's portfolio have fallen -2.0% over the last 12 months, to AED 1,572 per sqft, across 1,858 registered sales.

Is DAMAC expensive compared to the Dubai market?

At AED 1,572 per sqft, DAMAC prices 18% below the Dubai market average of AED 1,916 per sqft on registered sales.