PropertyIndex

DAMAC

Developer in Dubai · 3 projects across 3 communities

DAMAC is a Dubai property developer with 3 registered projects comprising 21,831 units. 2,999 sales are registered with the Dubai Land Department across its portfolio, at a current PIX© price of AED 1,643 per sqft. At AED 1,643 per sqft, DAMAC prices 14% below the Dubai market average of AED 1,916 per sqft on registered sales.

Projects
3
2 completed · 1 in progress
Inventory
21,831units
921 completed · 20,910 in progress
Communities
3
across Dubai
PIX© PSF
1,643AED/sqft
↓3.8% YoY
Gross yield
6.9%
PIX© rent ÷ PIX© price
Sale records
2,999
DLD · L12M · 5.77B AED
Rent contracts
1,158
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.

CompletedIn progressSelectedNumbers follow table order · PIX© PSF-priced projects first
Selected · #1 of 3
Zada Tower
DAMACCompleted
PIX© PSF
Trend
Typical price
Yield
Units
710
Sales · L12M
54
Rents · L12M
411
RankProjectUnitsPIX© PSFPSF YoYTypical priceYieldSalesRents
Zada Tower
DAMAC · Completed
71054411
Damac Lagoons
DAMAC · Under Construction
20,9102,933710
Green Park
DAMAC · Completed
2111237
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 1,643 per sqft on current PIX© values, based on 2,999 sales registered with the Dubai Land Department in the last 12 months.

Which DAMAC project is cheapest?

Green Park is the lowest-priced at AED 887 per sqft, and Zada Tower the highest at AED 1,915 per sqft, across 3 priced projects with registered sales.

What rental yield do DAMAC properties achieve?

DAMAC yields 6.9% gross, calculated from current PIX© rents against current PIX© sale prices across 1,158 registered Ejari contracts.

How many projects does DAMAC have in Dubai?

DAMAC holds 3 registered projects comprising 21,831 units, per the Dubai Land Department project register.

Where does DAMAC build in Dubai?

DAMAC has registered projects in Damac Lagoons, Business Bay, Jumeirah Village Triangle, per the Dubai Land Department project register.

Have DAMAC prices gone up or down?

Prices across DAMAC's portfolio have fallen -3.8% over the last 12 months, to AED 1,643 per sqft, across 2,999 registered sales.

Is DAMAC expensive compared to the Dubai market?

At AED 1,643 per sqft, DAMAC prices 14% below the Dubai market average of AED 1,916 per sqft on registered sales.