PropertyIndex

DAMAC

Developer in Dubai · 9 projects across 6 communities

DAMAC is a Dubai property developer with 9 registered projects comprising 4,422 units. 362 sales are registered with the Dubai Land Department across its portfolio, at a current PIX© price of AED 1,150 per sqft. At AED 1,150 per sqft, DAMAC prices 41% below the Dubai market average of AED 1,933 per sqft on registered sales.

Projects
9
9 completed
Inventory
4,422units
4,422 completed
Communities
6
across Dubai
PIX© PSF
1,150AED/sqft
4.2% YoY
Gross yield
7.2%
PIX© rent ÷ PIX© price
Sale records
362
DLD · L12M · 315.88M AED
Rent contracts
1,468
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.

Map of comparable projects in this portfolio
CompletedSelectedNumbers follow table order · PIX© PSF-priced projects first
Selected · #1 of 9
Upper Crest
DAMACCompleted
PIX© PSF
Trend
Typical price
Yield
Units
399
Sales · L12M
28
Rents · L12M
51
RankProjectUnitsPIX© PSFPSF YoYTypical priceYieldSalesRents
Upper Crest
DAMAC · Completed
3992851
Bay's Edge
DAMAC · Completed
2621440
Damac Maison The Distinction
DAMAC · Completed
3092121
Ghalia Tower
DAMAC · Completed
74465299
Celestia
DAMAC · Completed
98178438
Tower 108
DAMAC · Completed
41940162
Lincoln Park
DAMAC · Completed
86571334
Damac Maison de Ville Tenora
DAMAC · Completed
2622668
Madison Residences
DAMAC · Completed
1811955
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 1,150 per sqft on current PIX© values, based on 362 sales registered with the Dubai Land Department in the last 12 months.

Which DAMAC project is cheapest?

Madison Residences is the lowest-priced at AED 798 per sqft, and Upper Crest the highest at AED 2,024 per sqft, across 9 priced projects with registered sales.

What rental yield do DAMAC properties achieve?

DAMAC yields 7.2% gross, calculated from current PIX© rents against current PIX© sale prices across 1,468 registered Ejari contracts.

How many projects does DAMAC have in Dubai?

DAMAC holds 9 registered projects comprising 4,422 units, per the Dubai Land Department project register.

Where does DAMAC build in Dubai?

DAMAC has registered projects in Dubai South (Dubai World Central), Arjan, Jumeirah Village Circle, Downtown Dubai, Majan and 1 other communities, per the Dubai Land Department project register.

Have DAMAC prices gone up or down?

Prices across DAMAC's portfolio have risen +4.2% over the last 12 months, to AED 1,150 per sqft, across 362 registered sales.

Is DAMAC expensive compared to the Dubai market?

At AED 1,150 per sqft, DAMAC prices 41% below the Dubai market average of AED 1,933 per sqft on registered sales.