DAMAC
DAMAC is a Dubai property developer with 13 registered projects comprising 6,105 units. 450 sales are registered with the Dubai Land Department across its portfolio, at a current PIX© price of AED 1,101 per sqft. At AED 1,101 per sqft, DAMAC prices 43% below the Dubai market average of AED 1,916 per sqft on registered sales.
- Projects
- 13
- 13 completed
- Inventory
- 6,105units
- 6,105 completed
- Communities
- 7
- across Dubai
Portfolio
Every DAMAC project. PIX© PSF-priced projects appear first; projects without a current price follow. Select a marker or number for the snapshot.
| Rank | Project | Units | PIX© PSF | PSF YoY | Trend | Typical price | Yield | Sales | Rents |
|---|---|---|---|---|---|---|---|---|---|
| Business Tower DAMAC · Completed | 167 | 20 | 62 | ||||||
| XL Tower DAMAC · Completed | 171 | 11 | 61 | ||||||
| Ocean Heights DAMAC · Completed | 596 | 27 | 165 | ||||||
| Lake Terrace DAMAC · Completed | 580 | 27 | 207 | ||||||
| Damac Executive Heights DAMAC · Completed | 221 | 18 | 141 | ||||||
| Smart Heights DAMAC · Completed | 231 | 23 | 88 | ||||||
| Lake View Tower DAMAC · Completed | 561 | 31 | 173 | ||||||
| Emirates Gardens 2 DAMAC · Completed | 570 | 61 | 182 | ||||||
| The Crescent DAMAC · Completed | 869 | 83 | 314 | ||||||
| Emirates Gardens 1 DAMAC · Completed | 573 | 45 | 204 | ||||||
| Tuscan Residences DAMAC · Completed | 532 | 27 | 153 | ||||||
| Lago Vista DAMAC · Completed | 1,026 | 77 | 340 | ||||||
| Park Towers DAMAC · Completed | 8 | - | - |
Common questions about DAMAC
Answered from Dubai Land Department registered transactions.
How much does a DAMAC property cost?
DAMAC prices at AED 1,101 per sqft on current PIX© values, based on 450 sales registered with the Dubai Land Department in the last 12 months.
Which DAMAC project is cheapest?
Lago Vista is the lowest-priced at AED 655 per sqft, and Business Tower the highest at AED 2,830 per sqft, across 12 priced projects with registered sales.
What rental yield do DAMAC properties achieve?
DAMAC yields 6.5% gross, calculated from current PIX© rents against current PIX© sale prices across 2,090 registered Ejari contracts.
How many projects does DAMAC have in Dubai?
DAMAC holds 13 registered projects comprising 6,105 units, per the Dubai Land Department project register.
Where does DAMAC build in Dubai?
DAMAC has registered projects in Dubai Production City (IMPZ), Jumeirah Village Circle, Jumeirah Lake Towers, Dubai Marina, Barsha Heights (Tecom) and 2 other communities, per the Dubai Land Department project register.
Have DAMAC prices gone up or down?
Prices across DAMAC's portfolio have fallen -10.4% over the last 12 months, to AED 1,101 per sqft, across 450 registered sales.
Is DAMAC expensive compared to the Dubai market?
At AED 1,101 per sqft, DAMAC prices 43% below the Dubai market average of AED 1,916 per sqft on registered sales.