PropertyIndex

DAMAC

Developer in Dubai · 2 projects across 2 communities

DAMAC is a Dubai property developer with 2 registered projects comprising 34,732 units. 1,430 sales are registered with the Dubai Land Department across its portfolio, at a current PIX© price of AED 1,118 per sqft. At AED 1,118 per sqft, DAMAC prices 42% below the Dubai market average of AED 1,916 per sqft on registered sales.

Projects
2
2 in progress
Inventory
34,732units
34,732 in progress
Communities
2
across Dubai
PIX© PSF
1,118AED/sqft
↑5.0% YoY
Gross yield
3.0%
PIX© rent ÷ PIX© price
Sale records
1,430
DLD · L12M · 2.14B AED
Rent contracts
3,270
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.

In progressSelectedNumbers follow table order · PIX© PSF-priced projects first
Selected · #1 of 2
Damac Hills 2
DAMACUnder Construction
PIX© PSF
Trend
Typical price
Yield
Units
32,773
Sales · L12M
1,427
Rents · L12M
3,270
RankProjectUnitsPIX© PSFPSF YoYTypical priceYieldSalesRents
Damac Hills 2
DAMAC · Under Construction
32,7731,4273,270
Madinat Hind 4
DAMAC · Under Construction
1,9593-
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 1,118 per sqft on current PIX© values, based on 1,430 sales registered with the Dubai Land Department in the last 12 months.

What rental yield do DAMAC properties achieve?

DAMAC yields 3.0% gross, calculated from current PIX© rents against current PIX© sale prices across 3,270 registered Ejari contracts.

How many projects does DAMAC have in Dubai?

DAMAC holds 2 registered projects comprising 34,732 units, per the Dubai Land Department project register.

Where does DAMAC build in Dubai?

DAMAC has registered projects in Damac Hills 2, Dubai Land, per the Dubai Land Department project register.

Have DAMAC prices gone up or down?

Prices across DAMAC's portfolio have risen +5.0% over the last 12 months, to AED 1,118 per sqft, across 1,430 registered sales.

Is DAMAC expensive compared to the Dubai market?

At AED 1,118 per sqft, DAMAC prices 42% below the Dubai market average of AED 1,916 per sqft on registered sales.