PropertyIndex

DAMAC WORLD REAL ESTATE L.L.C

Developer in Dubai · 3 projects across 1 community

DAMAC WORLD REAL ESTATE L.L.C is a Dubai property developer with 3 registered projects comprising 3,620 units. 114 sales are registered with the Dubai Land Department across its portfolio, at a current PIX© price of AED 1,807 per sqft. At AED 1,807 per sqft, DAMAC WORLD REAL ESTATE L.L.C prices 6% below the Dubai market average of AED 1,921 per sqft on registered sales.

Projects
3
3 completed
Inventory
3,620units
3,620 completed
Communities
1
across Dubai
PIX© PSF
1,807AED/sqft
11.3% YoY
Gross yield
6.7%
PIX© rent ÷ PIX© price
Sale records
114
DLD · L12M · 134.74M AED
Rent contracts
829
Ejari · L12M

Delivery track record

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

Delivered
3 projects
3,620 units
In pipeline
0 projects
-
’20
’21
’22
Delivered unitsPipeline unitsRegistered inventory by completion year · n/d = no date on record

Portfolio

Every DAMAC WORLD REAL ESTATE 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 3
Vera Tower
DAMAC WORLD REAL ESTATE L.L.CCompleted
PIX© PSF
Trend
Typical price
Yield
Units
1,059
Sales · L12M
32
Rents · L12M
256
RankProjectUnitsPIX© PSFPSF YoYTypical priceYieldSalesRents
Vera Tower
DAMAC WORLD REAL ESTATE L.L.C · Completed
1,05932256
Reva Residences
DAMAC WORLD REAL ESTATE L.L.C · Completed
1,22341277
Merano Tower
DAMAC WORLD REAL ESTATE L.L.C · Completed
1,33841296
Sales and rents are last-12-month DLD/Ejari records.

Common questions about DAMAC WORLD REAL ESTATE L.L.C

Answered from Dubai Land Department registered transactions.

How much does a DAMAC WORLD REAL ESTATE L.L.C property cost?

DAMAC WORLD REAL ESTATE L.L.C prices at AED 1,807 per sqft on current PIX© values, based on 114 sales registered with the Dubai Land Department in the last 12 months.

Which DAMAC WORLD REAL ESTATE L.L.C project is cheapest?

Merano Tower is the lowest-priced at AED 1,377 per sqft, and Vera Tower the highest at AED 2,119 per sqft, across 3 priced projects with registered sales.

What rental yield do DAMAC WORLD REAL ESTATE L.L.C properties achieve?

DAMAC WORLD REAL ESTATE L.L.C yields 6.7% gross, calculated from current PIX© rents against current PIX© sale prices across 829 registered Ejari contracts.

How many projects does DAMAC WORLD REAL ESTATE L.L.C have in Dubai?

DAMAC WORLD REAL ESTATE L.L.C holds 3 registered projects comprising 3,620 units, per the Dubai Land Department project register.

Where does DAMAC WORLD REAL ESTATE L.L.C build in Dubai?

DAMAC WORLD REAL ESTATE L.L.C has registered projects in Business Bay, per the Dubai Land Department project register.

Have DAMAC WORLD REAL ESTATE L.L.C prices gone up or down?

Prices across DAMAC WORLD REAL ESTATE L.L.C's portfolio have fallen -11.3% over the last 12 months, to AED 1,807 per sqft, across 114 registered sales.

Is DAMAC WORLD REAL ESTATE L.L.C expensive compared to the Dubai market?

At AED 1,807 per sqft, DAMAC WORLD REAL ESTATE L.L.C prices 6% below the Dubai market average of AED 1,921 per sqft on registered sales.