XL Tower

Completed|170 units · 1 tower

XL Tower is a completed development by DAMAC in Business Bay, comprising 170 registered units. 461 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,501 per sqft. At AED 1,501 per sqft, XL Tower prices 16% below the Business Bay median of AED 1,790 per sqft on registered sales.

PIX© price · ↓17.8% YoY

1.28MAED

Typical

1,501AED

PSF

Gross yield

9.2%

PIX© rent ÷ PIX© price

Sale records

461

DLD · all time

Rent contracts

1,629

Ejari · all time

SATELLITE

LocationBusiness Bay

Drive times · typical

Downtown Dubai10 min · 4.0 km

DXB Airport15 min · 15.5 km

DIFC12 min · 6.1 km

Dubai Marina21 min · 20.7 km

Palm Jumeirah21 min · 23.0 km

Nearest · straight-line

Metro stationBusiness Bay1.4 km

MallRed Looms0.2 km

Schoolazgard_center0.2 km

HospitalMahan Poly Clinic

OPEN IN GOOGLE MAPS →

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		12 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)

Fees (optional)

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

Enter a nightly rate to test your scenario against this unit’s record.

XL Tower1,501AED/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	1.28M	1,501	↓17.8%		118K	9.2%
Office 850 - 1,368 sqft	155
Shop 266 - 1,244 sqft	10
Warehouse 260 - 289 sqft	5	-	-	-	-	-	-

Sales - Project-Wide461 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	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
18 Aug 2026	—	XL Tower · Floor 22	963	1,155,660	1,200	-	Standard	Standard Sale
18 Aug 2026	—	XL Tower · Floor 22	971	1,165,212	1,200	-	Standard	Standard Sale
22 Jul 2026	—	XL Tower · Floor G	290	1,100,000	3,793	+340.0%	Standard	Standard Sale

Rentals - Project-Wide1,629 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	Unit No.	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
1 Oct 2026		—	XL Tower · Floor 12A	971	122,000	126	-	Standard	CONTRACT
21 Sep 2026	—	—	XL Tower · Floor 9	1,101	180,000	163	-	Premium	CONTRACT
8 Sep 2026		—	XL Tower · Floor 17	850	122,000	144	-	Standard	CONTRACT

Comparables

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

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare2 peers could not be placed

This project

XL Tower

Compared with

The Burlington

PIX© PSF

1,350

Rank

#20 of 23

#19 of 23

Typical price

1.17M

Yield

11.3%

Units

170

524

Sales

167

Rents

570

1,467

Developer

DAMAC

DEYAAR DEVELOPMENT (P.J.S.C)

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Bayswater OMNIYAT PROPERTIES DEVELOPMENT CORPORATION · Completed	298					127	781
	Oxford Tower DEYAAR DEVELOPMENT (P.J.S.C) · Completed	105					35	339
	Silver Tower TAMEER HOLDING INVESTMENT (LLC) · Completed	483					113	731
	Ontario Tower ROSE HOMES INVESTMENT (L.L.C) · Completed	300					190	9,420
	Sobha Ivory Tower 2 SOBHA REALTY · Completed	92					21	256
	Sobha Ivory Towers JUPITER ESTATES LIMITED · Completed	184					59	559
	The Burlington DEYAAR DEVELOPMENT (P.J.S.C) · Completed	524					167	1,467
20	XL Tower DAMAC · Completed	170	1,350	Subject	1.17M	11.3%	74	570
	The Prime Tower SIDRA LIMITED · Completed	241					70	1,915
	Sobha Ivory Tower 1 JUPITER ESTATES LIMITED · Completed	92					38	303
	Executive Bay B DAMAC · Completed	122					60	325

Community median 1,790 AED/sqft. Showing the closest-ranked peers of 23 ranked projects in the community. 13 community projects excluded for insufficient recorded sales. 57 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.

Sobha Ivory TowersAED 1,534/sqft
Sobha Ivory Tower 2AED 1,558/sqft
Ontario TowerAED 1,562/sqft
The BurlingtonAED 1,389/sqft
Silver TowerAED 1,653/sqft
The Prime TowerAED 1,310/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 1,501 per sqft, or about AED 1,280,174 for a typical unit, based on 461 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 9.2% gross, calculated from current PIX© rent against current PIX© sale price, across 1,629 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 -17.8% over the last 12 months, to AED 1,501, across 461 registered sales.