DAMAC
DAMAC is a Dubai property developer with 3 registered projects comprising 1,717 units. 98 sales are registered with the Dubai Land Department across its portfolio, at a current PIX© price of AED 1,708 per sqft. At AED 1,708 per sqft, DAMAC prices 11% below the Dubai market average of AED 1,916 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 | 22 | 275 | ||||||
| Reva Residences DAMAC · Completed | 606 | 37 | 291 | ||||||
| Merano Tower DAMAC · Completed | 582 | 39 | 301 |
Common questions about DAMAC
Answered from Dubai Land Department registered transactions.
How much does a DAMAC property cost?
DAMAC prices at AED 1,708 per sqft on current PIX© values, based on 98 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 1,503 per sqft, and Vera Residences the highest at AED 1,870 per sqft, across 3 priced projects with registered sales.
What rental yield do DAMAC properties achieve?
DAMAC yields 6.3% gross, calculated from current PIX© rents against current PIX© sale prices across 867 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 -7.0% over the last 12 months, to AED 1,708 per sqft, across 98 registered sales.
Is DAMAC expensive compared to the Dubai market?
At AED 1,708 per sqft, DAMAC prices 11% below the Dubai market average of AED 1,916 per sqft on registered sales.