PropertyIndex

DAMAC

Developer in Dubai · 2 projects across 1 community

DAMAC is a Dubai property developer with 2 registered projects comprising 1,939 units. 128 sales are registered with the Dubai Land Department across its portfolio, at a current PIX© price of AED 2,017 per sqft. At AED 2,017 per sqft, DAMAC prices 5% above the Dubai market average of AED 1,916 per sqft on registered sales.

Projects
2
2 completed
Inventory
1,939units
1,939 completed
Communities
1
across Dubai
PIX© PSF
2,017AED/sqft
↓15.2% YoY
Gross yield
5.6%
PIX© rent ÷ PIX© price
Sale records
128
DLD · L12M · 184.55M AED
Rent contracts
639
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.

CompletedSelectedNumbers follow table order · PIX© PSF-priced projects first
Selected · #1 of 2
Damac Maison Prive
DAMACCompleted
PIX© PSF
Trend
Typical price
Yield
Units
1,057
Sales · L12M
92
Rents · L12M
449
RankProjectUnitsPIX© PSFPSF YoYTypical priceYieldSalesRents
Damac Maison Prive
DAMAC · Completed
1,05792449
Paramount Tower Hotel & Residences
DAMAC · Completed
88236190
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 2,017 per sqft on current PIX© values, based on 128 sales registered with the Dubai Land Department in the last 12 months.

What rental yield do DAMAC properties achieve?

DAMAC yields 5.6% gross, calculated from current PIX© rents against current PIX© sale prices across 639 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 -15.2% over the last 12 months, to AED 2,017 per sqft, across 128 registered sales.

Is DAMAC expensive compared to the Dubai market?

At AED 2,017 per sqft, DAMAC prices 5% above the Dubai market average of AED 1,916 per sqft on registered sales.