PropertyIndex

DAMAC

Developer in Dubai · 1 project across 1 community

DAMAC is a Dubai property developer with 1 registered project comprising 16,699 units. 1,857 sales are registered with the Dubai Land Department across its portfolio, at a current PIX© price of AED 1,621 per sqft. At AED 1,621 per sqft, DAMAC prices 16% below the Dubai market average of AED 1,920 per sqft on registered sales.

Projects
1
1 in progress
Inventory
16,699units
16,699 in progress
Communities
1
across Dubai
PIX© PSF
1,621AED/sqft
↓2.0% YoY
Gross yield
9.3%
PIX© rent ÷ PIX© price
Sale records
1,857
DLD · L12M · 4.27B AED
Rent contracts
2,724
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
1,857
Rents · L12M
2,724
RankProjectUnitsPIX© PSFPSF YoYTypical priceYieldSalesRents
Damac Hills
DAMAC · Under Construction
16,6991,8572,724
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 1,621 per sqft on current PIX© values, based on 1,857 sales registered with the Dubai Land Department in the last 12 months.

What rental yield do DAMAC properties achieve?

DAMAC yields 9.3% gross, calculated from current PIX© rents against current PIX© sale prices across 2,724 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 1,621 per sqft, across 1,857 registered sales.

Is DAMAC expensive compared to the Dubai market?

At AED 1,621 per sqft, DAMAC prices 16% below the Dubai market average of AED 1,920 per sqft on registered sales.