DAMAC
DAMAC is a Dubai property developer with 3 registered projects comprising 1,717 units. 108 sales are registered with the Dubai Land Department across its portfolio, at a current PIX© price of AED 1,737 per sqft. At AED 1,737 per sqft, DAMAC prices 10% below the Dubai market average of AED 1,939 per sqft on registered sales.
- Projects
- 3
- 3 completed
- Inventory
- 1,717units
- 1,717 completed
- Communities
- 1
- 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 |
|---|---|---|---|---|---|---|---|---|---|
| Vera Residences DAMAC · Completed | 529 | 28 | 263 | ||||||
| Reva Residences DAMAC · Completed | 606 | 40 | 292 | ||||||
| Merano Tower DAMAC · Completed | 582 | 40 | 298 |
Common questions about DAMAC
Answered from Dubai Land Department registered transactions.
How much does a DAMAC property cost?
DAMAC prices at AED 1,737 per sqft on current PIX© values, based on 108 sales registered with the Dubai Land Department in the last 12 months.
Which DAMAC project is cheapest?
Merano Tower is the lowest-priced at AED 1,368 per sqft, and Vera Residences the highest at AED 2,026 per sqft, across 3 priced projects with registered sales.
What rental yield do DAMAC properties achieve?
DAMAC yields 6.6% gross, calculated from current PIX© rents against current PIX© sale prices across 853 registered Ejari contracts.
How many projects does DAMAC have in Dubai?
DAMAC holds 3 registered projects comprising 1,717 units, per the Dubai Land Department project register.
Where does DAMAC build in Dubai?
DAMAC has registered projects in Business Bay, per the Dubai Land Department project register.
Have DAMAC prices gone up or down?
Prices across DAMAC's portfolio have fallen -14.9% over the last 12 months, to AED 1,737 per sqft, across 108 registered sales.
Is DAMAC expensive compared to the Dubai market?
At AED 1,737 per sqft, DAMAC prices 10% below the Dubai market average of AED 1,939 per sqft on registered sales.