Dubai project data

DAMAC CITY: sale prices and rents

داماك سيتي

Registered sales and rent contracts for the project DAMAC CITY in Al Wasl, from Dubai Land Department open data.

DAMAC CITY (Al Wasl): 48 registered sales in the 12 months to September 2026, median AED 2,232 per sq ft. Source: Dubai Land Department open data via data.dubai, as of 23 Oct 2026, calculated by Zolia.

Key figures, last 12 months

Data as of 23 Oct 2026 · Period Oct 2025 – Sep 2026

Registered sales
48
−29.4% vs previous 12 months
Median price per sq ft
AED 2,232 per sq ft
+3.4% vs previous 12 months
Median annual rent
under 3 rent contracts
Gross rental yield
under 3 sales

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Off-plan and ready sales in DAMAC CITY

StatusSalesMedian per sq ftMiddle range per sq ft
Off-plan48AED 2,232 per sq ft2,161 – 2,695
Readyunder 3under 3under 3

Off-plan sales are sales of properties before completion, as registered in Dubai Land Department transactions; ready sales are sales of completed properties.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Rents and rental yield in DAMAC CITY

Median annual rent
under 3 rent contracts
Median annual rent per sq ft
under 3 rent contracts
Gross rental yield
under 3 sales

The permitted rent increase is set by the Smart Rental Index of the Dubai Land Department; this page does not compute an index value. About the Smart Rental Index

Too few ready apartment sales for a gross rental yield: fewer than 3 in the period, at least 30 needed. Land, whole buildings, villas and commercial units are not counted.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Price per sq ft and rents by unit type in DAMAC CITY

Unit typeSalesMedian per sq ftMedian annual rentGross yield
1 bedroom20AED 2,232 per sq ftunder 3 rent contractsunder 3 sales
2 bedrooms24AED 2,329 per sq ftunder 3 rent contractsunder 3 sales
3 bedrooms3AED 3,587 per sq ftunder 3 rent contractsunder 3 sales

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Price trend in DAMAC CITY

MonthSalesMedian per sq ftRent contracts
Oct 20245AED 1,788 per sq ftunder 3
Nov 20243AED 2,113 per sq ftunder 3
Dec 20245AED 2,076 per sq ftunder 3
Jan 20257AED 2,073 per sq ftunder 3
Feb 202511AED 3,157 per sq ftunder 3
Mar 20257AED 1,924 per sq ftunder 3
Apr 202513AED 1,834 per sq ftunder 3
May 20258AED 3,163 per sq ftunder 3
Jun 20255AED 3,202 per sq ftunder 3
Dec 20254AED 3,587 per sq ftunder 3
Feb 20263AED 2,481 per sq ftunder 3
Mar 202621AED 2,190 per sq ftunder 3
Apr 20265AED 2,745 per sq ftunder 3
May 20267AED 2,663 per sq ftunder 3
Sales per calendar year
YearSalesMedian per sq ft
2022373AED 2,221 per sq ft
202372AED 2,340 per sq ft
202427AED 2,113 per sq ft
202562AED 2,339 per sq ft

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Location

DAMAC CITY is a project in the DLD area Al Wasl.

Names as in the registered transactions and rent contracts; company names are not shown.

Buildings in DAMAC CITY

More projects in Al Wasl

Questions about DAMAC CITY

How many sales were registered in DAMAC CITY?
48 sales were registered in DAMAC CITY in Oct 2025 – Sep 2026.
What is the median price per sq ft in DAMAC CITY?
The median price of registered sales in DAMAC CITY was AED 2,232 per sq ft in Oct 2025 – Sep 2026.
Which DLD area is DAMAC CITY in?
DAMAC CITY is registered in the Dubai Land Department area Al Wasl.

Method and source

Figures based on fewer than 3 records are not shown.

Source: Dubai Land Department, open data via data.dubai (as of 23 Oct 2026). Prepared by Zolia; not an official product of the Dubai Land Department.

Open data portal: data.dubai · Licence: Dubai Open Data Licence

  • Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae