PropertyIndex

DAMAC DEVELOPMENT(L L C)

Developer in Dubai · 12 projects across 6 communities

DAMAC DEVELOPMENT(L L C) is a Dubai property developer with 12 registered projects comprising 9,102 units. 378 sales are registered with the Dubai Land Department across its portfolio, at a current PIX© price of AED 1,149 per sqft. At AED 1,149 per sqft, DAMAC DEVELOPMENT(L L C) prices 40% below the Dubai market average of AED 1,921 per sqft on registered sales.

Projects
12
12 completed
Inventory
9,102units
9,102 completed
Communities
6
across Dubai
PIX© PSF
1,149AED/sqft
3.6% YoY
Gross yield
7.6%
PIX© rent ÷ PIX© price
Sale records
378
DLD · L12M · 325.18M AED
Rent contracts
1,447
Ejari · L12M

Delivery track record

Handovers completed and the forward pipeline, by expected completion year, from DLD project registrations.

Delivered
12 projects
9,102 units
In pipeline
0 projects
-
’13
’14
’15
’16
’17
’18
’19
Delivered unitsPipeline unitsRegistered inventory by completion year · n/d = no date on record

Portfolio

Every DAMAC DEVELOPMENT(L L C) 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
CompletedSelectedNumbers follow table order · PIX© PSF-priced projects first
Selected · #1 of 12
Upper Crest
DAMAC DEVELOPMENT(L L C)Completed
PIX© PSF
Trend
Typical price
Yield
Units
801
Sales · L12M
26
Rents · L12M
50
RankProjectUnitsPIX© PSFPSF YoYTypical priceYieldSalesRents
Upper Crest
DAMAC DEVELOPMENT(L L C) · Completed
8012650
Bay's Edge
DAMAC DEVELOPMENT(L L C) · Completed
5401640
The Distinction
DAMAC DEVELOPMENT(L L C) · Completed
6582217
Ghalia
DAMAC DEVELOPMENT(L L C) · Completed
1,60463284
Celestia
DAMAC DEVELOPMENT(L L C) · Completed
1,95692426
Lincoln Park (Sheffield)
DAMAC DEVELOPMENT(L L C) · Completed
3461269
Tower 108
DAMAC DEVELOPMENT(L L C) · Completed
95946156
Lincoln Park
DAMAC DEVELOPMENT(L L C) · Completed
1,04243199
Lincoln Park ( North Side)
DAMAC DEVELOPMENT(L L C) · Completed
3462058
Tenora
DAMAC DEVELOPMENT(L L C) · Completed
5232564
Madison Residence
DAMAC DEVELOPMENT(L L C) · Completed
2501336
Lincoln Park(west Side & Lincoln Park - B)
DAMAC DEVELOPMENT(L L C) · Completed
77-48
Sales and rents are last-12-month DLD/Ejari records.

Common questions about DAMAC DEVELOPMENT(L L C)

Answered from Dubai Land Department registered transactions.

How much does a DAMAC DEVELOPMENT(L L C) property cost?

DAMAC DEVELOPMENT(L L C) prices at AED 1,149 per sqft on current PIX© values, based on 378 sales registered with the Dubai Land Department in the last 12 months.

Which DAMAC DEVELOPMENT(L L C) project is cheapest?

Madison Residence is the lowest-priced at AED 737 per sqft, and Upper Crest the highest at AED 2,024 per sqft, across 11 priced projects with registered sales.

What rental yield do DAMAC DEVELOPMENT(L L C) properties achieve?

DAMAC DEVELOPMENT(L L C) yields 7.6% gross, calculated from current PIX© rents against current PIX© sale prices across 1,447 registered Ejari contracts.

How many projects does DAMAC DEVELOPMENT(L L C) have in Dubai?

DAMAC DEVELOPMENT(L L C) holds 12 registered projects comprising 9,102 units, per the Dubai Land Department project register.

Where does DAMAC DEVELOPMENT(L L C) build in Dubai?

DAMAC DEVELOPMENT(L L C) has registered projects in Dubai South, Jumeirah Village Circle, Arjan, Downtown Dubai, Business Bay and 1 other communities, per the Dubai Land Department project register.

Have DAMAC DEVELOPMENT(L L C) prices gone up or down?

Prices across DAMAC DEVELOPMENT(L L C)'s portfolio have risen +3.6% over the last 12 months, to AED 1,149 per sqft, across 378 registered sales.

Is DAMAC DEVELOPMENT(L L C) expensive compared to the Dubai market?

At AED 1,149 per sqft, DAMAC DEVELOPMENT(L L C) prices 40% below the Dubai market average of AED 1,921 per sqft on registered sales.