PropertyIndex

Damac City

Under Construction · Date not reported|511 units · 2 towers

Damac City is an under-construction community by DAMAC in Al Safa, comprising 511 registered units. 593 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,527 per sqft. At AED 2,527 per sqft, Damac City prices 9% above the Al Safa median of AED 2,320 per sqft on registered sales.

PIX© price · 6.9% YoY
4.08MAED
Typical
2,527AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
593
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor
Units on floor 34

1 Bed on Floor 34

Size
Record
May 2022 to May 2026
Owners
3
Tenants
0
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
3Owner 34 May 20264 mo
Current owner
2Owner 227 Mar 202638 d
1Owner 127 May 20223.8 yrs
PIX© Airbnb Calculator

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1 Bed · Floor 34
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Damac City

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoY
PIX© Core
Project-Wide
743 - 9,200 sqft
5114.08M2,5276.9%
Residential
1 Bed · Apartment
836 - 1,263 sqft
205
2 Bed · Apartment
1,230 - 3,490 sqft
249
3 Bed · Apartment
1,954 - 4,834 sqft
45
4 Bed · Apartment
2,860 - 6,346 sqft
8-
5 Bed · Apartment
8,984 - 9,200 sqft
2---
Commercial
Shop
743 - 1,201 sqft
2---
No rental contracts registered - the project has not handed over.
Sales - Project-Wide593 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
31 Aug 20263 BedFloor 212,1195,369,0002,5330.0%StandardOff-Plan Sale
9 Jun 20261 BedFloor 198392,303,0002,745-PremiumOff-Plan Sale
6 Jun 20261 BedFloor 308391,839,0002,1920.0%StandardOff-Plan Sale
Rentals - Project-Wide
PIX© rent analysis
No Ejari rental contracts. Contracts appear once handover occurs and tenancies are registered.

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Common questions about Damac City

Answered from Dubai Land Department registered transactions.

How much does a property in Damac City cost?

Property in Damac City sells at a current PIX© price of AED 2,527 per sqft, or about AED 4,084,054 for a typical unit, based on 593 sales registered with the Dubai Land Department.

When is Damac City handing over?

Damac City is under construction in the Dubai Land Department project register. No handover date is on record.

Who is the developer of Damac City?

Damac City is developed by DAMAC, the developer recorded against the project in the Dubai Land Department register.

How many units are in Damac City?

Damac City holds 511 registered units across 2 towers, per the Dubai Land Department unit register.

Have prices in Damac City gone up or down?

Price per sqft has fallen -6.9% over the last 12 months, to AED 2,527, across 593 registered sales.