PropertyIndex

DAMAC

Developer in Dubai · 2 projects across 1 community

DAMAC is a Dubai property developer with 2 registered projects comprising 1,939 units. 131 sales are registered with the Dubai Land Department across its portfolio, at a current PIX© price of AED 1,980 per sqft. At AED 1,980 per sqft, DAMAC prices 2% above the Dubai market average of AED 1,934 per sqft on registered sales.

Projects
2
2 completed
Inventory
1,939units
1,939 completed
Communities
1
across Dubai
PIX© PSF
1,980AED/sqft
4.0% YoY
Gross yield
5.3%
PIX© rent ÷ PIX© price
Sale records
131
DLD · L12M · 190.03M AED
Rent contracts
626
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.

Map of comparable projects in this portfolio
CompletedSelectedNumbers follow table order · PIX© PSF-priced projects first
Selected · #1 of 2
Paramount Tower Hotel & Residences
DAMACCompleted
PIX© PSF
Trend
Typical price
Yield
Units
882
Sales · L12M
38
Rents · L12M
182
RankProjectUnitsPIX© PSFPSF YoYTypical priceYieldSalesRents
Paramount Tower Hotel & Residences
DAMAC · Completed
88238182
Damac Maison Prive
DAMAC · Completed
1,05793444
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 1,980 per sqft on current PIX© values, based on 131 sales registered with the Dubai Land Department in the last 12 months.

What rental yield do DAMAC properties achieve?

DAMAC yields 5.3% gross, calculated from current PIX© rents against current PIX© sale prices across 626 registered Ejari contracts.

How many projects does DAMAC have in Dubai?

DAMAC holds 2 registered projects comprising 1,939 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 -4.0% over the last 12 months, to AED 1,980 per sqft, across 131 registered sales.

Is DAMAC expensive compared to the Dubai market?

At AED 1,980 per sqft, DAMAC prices 2% above the Dubai market average of AED 1,934 per sqft on registered sales.