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Damac Properties

Market leader

Primary area
Al Yelayiss 1
Market
Active in 11 areas

179

Projects

51

Completed

124

Upcoming

11

Areas

AED 547K

Starting from

Average price AED 3.2M

Developer score

86out of 100

Strong

Officially finished
3
Registry-matched projects
35%
Listing data quality
80/100
Gross rental yield
8.5%
Delivery record97th percentile
Portfolio scale100th percentile
Verification36th percentile
Area footprint99th percentile
Investment signal98th percentile

Investment snapshot

Undervalued

Derived from matched sale and rent records in this market

Median sale price
AED 1,570,000
Median annual rent
AED 100,000
Gross rental yield
8.53%
Rent demand score56
Market heat52
Sale records
2,136
Rent records
9,407
Matched projects
2
Confidence
High100

Matched against official transaction records. Rental yield is gross — it excludes service charges, financing and vacancy, and is not a capital return. · Updated May 12, 2026

Highest yielding projects

  • Zada TowerAED 79K12.4%
  • Aykon City - Tower BAED 100K7.7%

About

Damac Properties, founded in 2002 and headquartered in Dubai, is the UAE’s largest private real estate developer, delivering luxury residential, commercial, hospitality, retail and mixed‑use projects across the GCC and internationally. The company’s development approach blends modern architecture, sustainable design and amenity‑rich communities to serve both investors and end‑users, with branded partnerships including Versace, Roberto Cavalli, Paramount Hotels & Resorts and Chelsea Football Club. Damac has a substantial delivery record — around 50,000 residential units completed and more than 54,000 units under construction — and reported AED 36 billion in property sales in 2025. The developer focuses on off‑plan offerings with flexible payment plans and structured banking arrangements, emphasises timely handovers and after‑sales support, and has introduced ESG reporting, holding an MSCI provisional ESG rating of (p) A.

Portfolio

By status

Completed51 · 29%
Upcoming124 · 71%

Unit mix

Units19,858
Villas958
Buildings100
Plots5,919

Counts of units, villas, buildings and plots across the portfolio. Apartment and townhouse classification is not recorded.

Where they build

  • Al Yelayiss 113 projects

    0 completed · 13 upcoming

  • Dubai Investment Park Second13 projects

    0 completed · 13 upcoming

  • Al Hebiah Fifth11 projects

    3 completed · 8 upcoming

  • Business Bay7 projects

    3 completed · 4 upcoming

  • Al Hebiah Third5 projects

    2 completed · 3 upcoming

Strengths and considerations

Derived from this developer's published portfolio against the market.

Strengths

  • Large portfolio — 179 published projects
  • Wide footprint — active across 11 areas
  • Gross rental yield of 8.5%, above the market norm

Considerations

  • Only 35% of projects matched to the official registry
  • 69% of the portfolio is still upcoming

Featured projects

Antigua
Off-Plan

Antigua

Dubai

From AED 2.8M

Q4 2030
Bahamas
Off-Plan

Bahamas

Dubai

From AED 3.9M

Q2 2030
Bahamas Phase 2
Off-Plan

Bahamas Phase 2

Dubai

From AED 2.8M

Q2 2030
Barbados
Off-Plan

Barbados

Dubai

From AED 4.1M

Q2 2030
Barbados 2
Off-Plan

Barbados 2

Dubai

From AED 3.6M

Q2 2030
Bermuda
Off-Plan

Bermuda

Dubai

From AED 3.8M

Q2 2030

Developer guide

A data-backed overview of portfolio scale, pricing, active areas, and current market footprint for Damac Properties.

Who is Damac Properties?

Damac Properties, founded in 2002 and headquartered in Dubai, is the UAE’s largest private real estate developer, delivering luxury residential, commercial, hospitality, retail and mixed‑use projects across the GCC and internationally. The company’s development approach blends modern architecture, sustainable design and amenity‑rich communities to serve both investors and end‑users, with branded partnerships including Versace, Roberto Cavalli, Paramount Hotels & Resorts and Chelsea Football Club. Damac has a substantial delivery record — around 50,000 residential units completed and more than 54,000 units under construction — and reported AED 36 billion in property sales in 2025. The developer focuses on off‑plan offerings with flexible payment plans and structured banking arrangements, emphasises timely handovers and after‑sales support, and has introduced ESG reporting, holding an MSCI provisional ESG rating of (p) A.

Frequently asked questions

What kind of properties does DAMAC Properties usually develop?

DAMAC is best known for a mix of high-rise towers, branded residences, and master-planned communities with a strong lifestyle focus. Buyers looking for statement homes in central districts or resort-inspired living on the city edge will find the portfolio especially relevant.

Which areas in Dubai are most associated with DAMAC Properties projects?

The developer has a strong presence in areas such as Business Bay and Al Yelayiss 1, while also extending into other established Dubai communities. That spread makes it appealing to buyers comparing central apartments with more spacious, lifestyle-driven settings.

Is DAMAC Properties a good choice for off-plan buyers?

Yes, DAMAC is widely followed by off-plan buyers because its pipeline spans both city towers and community-style launches. It tends to suit buyers who want a recognisable developer name, varied product types, and options across different parts of Dubai.

What should investors know before exploring DAMAC Properties developments?

Investors usually look at DAMAC for brand visibility, broad location choice, and product styles that can appeal to both end-users and rental demand. It is worth comparing each project’s setting, layout, and community feel to match the right target tenant or future buyer.

Which DAMAC projects are worth looking at in Business Bay?

Business Bay is home to several of DAMAC’s better-known tower projects, including Aykon City - Tower B, Aykon City 3, and Canal Crown. These are strong references for buyers who want a central address with a more urban, design-led profile.

What kind of buyer is DAMAC Properties best suited to?

DAMAC tends to suit buyers who want strong brand recognition, visible architecture, and a choice between apartment living and community-oriented homes. It is often a good fit for end-users seeking lifestyle amenities as well as investors who prefer a developer with broad market appeal.

Not sure if Damac Properties is right for you?

Compare them against other developers, or browse the full portfolio.