XL Tower

Completed|170 units · 1 tower

XL Tower is a completed development by DAMAC in Business Bay, comprising 170 registered units. 463 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,793 per sqft. At AED 1,793 per sqft, XL Tower prices 2% below the Business Bay median of AED 1,829 per sqft on registered sales.

PIX© price · ↓2.0% YoY

1.76MAED

Typical

1,793AED

PSF

Gross yield

6.2%

PIX© rent ÷ PIX© price

Sale records

463

DLD · all time

Rent contracts

1,652

Ejari · all time

Location data © OpenStreetMap contributors

SATELLITE

LocationBusiness Bay

Drive times · typical

Downtown Dubai10 min · 4.0 km

DXB Airport15 min · 15.6 km

DIFC13 min · 6.1 km

Dubai Marina20 min · 20.8 km

Palm Jumeirah21 min · 23.1 km

Nearby · straight-line

Metro stationBusiness Bay1.4 km

MallBay Avenue Mall1.1 km

SchoolGEMS Our Indian School1.2 km

HospitalMedcare Orthopaedics & Spine Hospital2 km

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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 23

…

Office on Floor 23, XL Tower

Size
Record: Nov 2013 to Sep 2025
Owners: 6
Tenants: 6
Price change
Yield on cost

Sale price by owner

Party	Date	Price / RentAED	Held	Note
6Owner 6	30 Sep 2025		13 mo	Current owner Sold with tenant in place
6Tenant 6	20 Aug 2025			Owner 5
5Owner 5	4 Dec 2024		10 mo	Sold with tenant in place
4Owner 4	5 Aug 2024		4 mo	Sold with tenant in place
3Owner 3	10 Oct 2023		10 mo	Sold with tenant in place
4Tenant 4	1 Jan 2021			Owner 2 · Registered twice
3Tenant 3	1 Apr 2019		22 mo	Owner 2
2Tenant 2	1 Feb 2019		38 d	Renewal · Ended early Owner 2
2Tenant 2	1 Feb 2018		12 mo	Owner 2
1Tenant 1	1 Jan 2014		4.1 yrs	Owner 2
2Owner 2	18 Nov 2013		9.9 yrs
Owner 1 · Undisclosed		—		Acquisition date and price not on record

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

Office · Floor 23 · XL Tower

Nightly rateAED

Occupancy (237 nights)

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Management, cleaning, platform fees: a percent of revenue, or a yearly amount.

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XL Tower1,793AED/sqft · project-wide

Units

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

Type	Units	PIX© Price	PIX© PSF	PSF YoY	Trend	PIX© Rent /yr	Yield
PIX© Core Project-Wide 260 - 1,368 sqft	170	1.76M	1,793	↓2.0%		110K	6.2%
Office 850 - 1,368 sqft	155
Shop 266 - 1,244 sqft	10
Warehouse 260 - 289 sqft	5	-	-	-	-	-	-

Sales - Project-Wide463 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Unit No.	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
13 Oct 2026	—	—	XL Tower · Floor 12	1,101	1,850,000	1,680	+74.1%	Standard	Standard Sale
25 Sep 2026	—	—	XL Tower · Floor 17	1,101	1,900,000	1,726	-	Standard	Standard Sale
18 Aug 2026		—	XL Tower · Floor 22	963	1,155,660	1,200	-	Entry Level	Standard Sale

Rentals - Project-Wide1,652 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
1 Nov 2026	—	XL Tower · Floor 12	850	120,330	142	-	Standard	CERTIFICATE
28 Oct 2026	—	XL Tower · Floor 19	850	63,663	75	-	Entry Level	CONTRACT
26 Oct 2026	—	XL Tower · Floor 14	897	109,580	122	-	Entry Level	CONTRACT

Comparables

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

Map of comparable projects in this community

Location data © OpenStreetMap contributors

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare

This project

XL Tower

Compared with

The Prism

PIX© PSF

1,816

Rank

#13 of 23

#12 of 23

Typical price

1.83M

Yield

7.2%

Units

170

300

Sales

107

Rents

576

1,354

Developer

DAMAC

CREDO INVESTMENTS F Z E

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Opal Tower MISMAK PROPERTIES - SOLE PROPRIETORSHIP L.L.C - DUBAI BRANCH · Completed	206					91	1,559
	Bayswater OMNIYAT PROPERTIES DEVELOPMENT CORPORATION · Completed	298					126	791
	Business Tower DAMAC · Completed	166					65	431
	Sobha Sapphire SOBHA REALTY · Completed	196					80	580
	The Prism CREDO INVESTMENTS F Z E · Completed	300					107	1,354
13	XL Tower DAMAC · Completed	170	1,816	Subject	1.83M	7.2%	74	576
	Clover Bay Tower GREEN EMIRATES PROPERTIES CO.PSC · Completed	302					110	2,220
	Oxford Tower DEYAAR DEVELOPMENT (P.J.S.C) · Completed	105					33	332
	The Burlington DEYAAR DEVELOPMENT (P.J.S.C) · Completed	524					167	1,473
	Silver Tower TAMEER HOLDING INVESTMENT (LLC) · Completed	483					111	736
	Ontario Tower ROSE HOMES INVESTMENT (L.L.C) · Completed	300					192	9,922

Community median 1,829 AED/sqft. Showing the closest-ranked peers of 23 ranked projects in the community. 13 community projects excluded for insufficient recorded sales. 56 excluded for trading only in the off-plan market. 37 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Business Bay

The closest-priced registered projects in Business Bay.

The PrismAED 1,829/sqft
Clover Bay TowerAED 1,755/sqft
Sobha SapphireAED 1,861/sqft
Oxford TowerAED 1,702/sqft
Business TowerAED 1,885/sqft
BayswaterAED 1,897/sqft

Common questions about XL Tower

Answered from Dubai Land Department registered transactions.

How much does a property in XL Tower cost?

Property in XL Tower sells at a current PIX© price of AED 1,793 per sqft, or about AED 1,760,295 for a typical unit, based on 463 sales registered with the Dubai Land Department.

Is XL Tower completed?

Yes. XL Tower is recorded as completed in the Dubai Land Department project register.

Who is the developer of XL Tower?

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

What is the rental yield in XL Tower?

XL Tower yields 6.2% gross, calculated from current PIX© rent against current PIX© sale price, across 1,652 registered Ejari contracts.

How many units are in XL Tower?

XL Tower holds 170 registered units, per the Dubai Land Department unit register.

Have prices in XL Tower gone up or down?

Price per sqft has fallen -2.0% over the last 12 months, to AED 1,793, across 463 registered sales.