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Developer · #2 by 12M value
Damac Properties
Market bulletin · Thu, 22 Oct 2026
Damac Properties: median AED 1,430/sqft, down 1.4% over three months on 1,540 sales
Damac Properties recorded 720 sales worth AED 1.49B in the 30 days to Thu, 22 Oct 2026, up 88.0% on the previous 30 days. Over the last week 230 sales were registered (AED 519M), against 112 the week before.
The median sale over the last three months was AED 1.68M, or AED 1,430/sqft — like-for-like prices per sqft down 1.4% on the previous three months and up 5.9% on a year earlier. Monthly medians over the past year ranged from AED 1,278/sqft to AED 1,610/sqft.
By market over 12 months: developer off-plan sales 59.5%, off-plan resales 9.8%, secondary (ready) sales 30.7%. Off-plan resales traded at a median 13.3% discount to developer prices per sqft.
Damac Properties registered 10,708 sales worth AED 25.16B in 12 months across 10+ communities, ranking #2 among Dubai developers by value. Its most active project was Bahamas 1 at Damac Islands 2 (377 sales).
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | AED 1,446 |
| Sept 26 | AED 1,447 |
| Aug 26 | AED 1,361 |
| Jul 26 | AED 1,446 |
| Jun 26 | AED 1,422 |
| May 26 | AED 1,464 |
| Apr 26 | AED 1,610 |
| Mar 26 | AED 1,278 |
| Feb 26 | AED 1,313 |
| Jan 26 | AED 1,313 |
| Dec 25 | AED 1,396 |
| Nov 25 | AED 1,423 |
| Oct 25 | AED 1,444 |
| Sept 25 | AED 1,446 |
| Aug 25 | AED 1,387 |
| Jul 25 | AED 1,451 |
| Jun 25 | AED 1,254 |
| May 25 | AED 1,083 |
| Apr 25 | AED 1,083 |
| Mar 25 | AED 1,083 |
| Feb 25 | AED 1,104 |
| Jan 25 | AED 977 |
| Dec 24 | AED 1,132 |
| Nov 24 | AED 1,104 |
Off-plan vs resale vs secondary
Monthly median AED/sqft by market (months with 10+ sales)
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | AED 1,675 | AED 1,265 | AED 1,193 |
| Sept 26 | AED 1,715 | AED 1,107 | AED 1,175 |
| Aug 26 | AED 1,571 | AED 1,101 | AED 1,171 |
| Jul 26 | AED 1,690 | AED 1,212 | AED 1,142 |
| Jun 26 | AED 1,618 | AED 1,143 | AED 1,161 |
| May 26 | AED 1,666 | AED 1,139 | AED 1,262 |
| Apr 26 | AED 1,685 | AED 1,413 | AED 1,159 |
| Mar 26 | AED 1,278 | AED 1,609 | AED 1,278 |
| Feb 26 | AED 1,313 | AED 1,278 | AED 1,252 |
| Jan 26 | AED 1,313 | AED 1,279 | AED 1,205 |
| Dec 25 | AED 1,466 | AED 1,271 | AED 1,173 |
| Nov 25 | AED 1,481 | AED 1,193 | AED 1,178 |
| Oct 25 | AED 1,466 | AED 1,190 | AED 1,154 |
| Sept 25 | AED 1,501 | AED 1,192 | AED 1,023 |
| Aug 25 | AED 1,472 | AED 1,355 | AED 1,020 |
| Jul 25 | AED 1,498 | AED 1,353 | AED 1,198 |
| Jun 25 | AED 1,289 | AED 1,105 | AED 1,254 |
| May 25 | AED 1,083 | AED 1,095 | AED 1,081 |
| Apr 25 | AED 1,083 | AED 1,105 | AED 1,048 |
| Mar 25 | AED 1,083 | AED 1,077 | AED 1,011 |
| Feb 25 | AED 1,104 | AED 1,129 | AED 1,026 |
| Jan 25 | AED 967 | AED 998 | AED 999 |
| Dec 24 | AED 1,161 | AED 1,013 | AED 979 |
| Nov 24 | AED 1,130 | AED 1,204 | AED 1,019 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 277 | 47 | 203 |
| Sept 26 | 219 | 52 | 199 |
| Aug 26 | 222 | 44 | 152 |
| Jul 26 | 309 | 71 | 249 |
| Jun 26 | 285 | 73 | 188 |
| May 26 | 224 | 48 | 183 |
| Apr 26 | 772 | 83 | 216 |
| Mar 26 | 729 | 56 | 172 |
| Feb 26 | 789 | 99 | 303 |
| Jan 26 | 1,210 | 139 | 406 |
| Dec 25 | 417 | 151 | 372 |
| Nov 25 | 610 | 155 | 508 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 720 | up 88.0% | AED 1.49B | 1,446 | up 3.4% |
| Last 3 months | 1,540 | down 4.3% | AED 3.17B | 1,430 | down 0.8% |
| Last 6 months | 3,149 | down 57.3% | AED 6.56B | 1,437 | up 7.0% |
| Last 12 months | 10,708 | down 54.9% | AED 25.16B | 1,366 | up 17.0% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Off-plan (developer) | 6,366 | 59% | AED 2.62M | 1,433 | up 16.3% |
| Off-plan resale | 1,054 | 10% | AED 2.59M | 1,242 | up 10.9% |
| Secondary (ready) | 3,288 | 31% | AED 1.29M | 1,188 | up 14.1% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 1,615 | 15% | AED 691K | 1,791 | up 54.4% |
| 1 bedroom | 2,757 | 26% | AED 1.26M | 1,610 | up 5.6% |
| 2 bedrooms | 1,001 | 9% | AED 2.00M | 1,580 | up 2.7% |
| 3 bedrooms | 1,057 | 10% | AED 1.80M | 939 | up 14.4% |
| 4 bedrooms | 2,762 | 26% | AED 2.82M | 1,278 | up 18.0% |
| 5+ bedrooms | 1,503 | 14% | AED 4.13M | 1,299 | up 18.4% |
| Type | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Apartments | 5,294 | 49% | AED 1.23M | 1,646 | up 9.7% |
| Villas | 5,175 | 48% | AED 2.83M | 1,255 | up 17.3% |
| Hotel apartments | 220 | 2% | AED 838K | 1,514 | up 4.3% |
| Plots | 17 | 0% | AED 4.66M | 1,634 | up 896.3% |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 5,049 | 47% | AED 1.10M | 1,464 | up 16.3% |
| AED 2M–10M | 5,566 | 52% | AED 2.88M | 1,313 | up 13.8% |
| AED 10M–50M | 92 | 1% | AED 14.8M | 1,964 | up 52.2% |
| AED 50M+ | 1 | 0% | — | — | — |
Projects
By sales value, last 12 months
| Project | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Bahamas 1 at Damac Islands 2Damac Island City | 377 | 1,278 | down 3.5% |
| Bahamas 2 at Damac Islands 2Damac Island City | 384 | 1,124 | down 8.8% |
| Tahiti 2 - Damac Islands 2Damac Island City | 310 | 1,373 | — |
| Cuba - Damac Islands 2Damac Island City | 322 | 1,156 | — |
| Bermuda - Damac Islands 2Damac Island City | 279 | 1,327 | — |
| Maui - Damac Islands 2Damac Island City | 258 | 1,235 | — |
| Tahiti - Damac Islands 2Damac Island City | 187 | — | — |
| Barbados 1 - Damac Islands 2Damac Island City | 198 | 1,227 | — |
| Barbados 2 - Damac Islands 2Damac Island City | 175 | 1,183 | — |
| Safa GateAl Wasl | 212 | 3,084 | up 3.3% |
| Chelsea 2 Tower CDubai Maritime City | 181 | — | — |
| Antigua - Damac Islands 2Damac Island City | 114 | 1,355 | up 0.5% |
| Venice 1Damac Lagoons | 39 | 1,362 | — |
| PortofinoDamac Lagoons | 97 | 1,205 | up 4.6% |
| Damac Riverside OliveDubai Investment Park Second | 107 | — | — |
Where Damac Properties sells
Sales in this scope only, last 12 months
| Community | Sales 12M | AED/sqft | Share |
|---|---|---|---|
| Damac Island City | 2,951 | 1,278 | 39.5% |
| Damac Lagoons | 2,006 | 1,636 | 16.4% |
| Damac Hills | 1,163 | 1,624 | 10.9% |
| Dubai Investment Park Second | 1,160 | 1,441 | 7.5% |
| Damac Hills 2 | 1,093 | 853 | 6.7% |
| Business Bay | 755 | 1,783 | 4.7% |
| Dubai Maritime City | 346 | 3,159 | 4.1% |
| Al Wasl | 248 | 3,006 | 2.9% |
| Dubai Media City | 57 | 3,023 | 1.4% |
| Dubai Harbour | 67 | 3,973 | 1.4% |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 25.0M | 5+ BR Villa · 6,088 sqftRoyal Golf Villas · Jumeirah Golf Estates | 28 Jul |
| AED 20.5M | 5+ BR Villa · 11,575 sqftCavаlli Estates Villas · Damac Hills | 16 Sept |
| AED 16.3M | 5+ BR Villa · 7,328 sqftBelAir at the Trump Estates · Damac Hills | 10 Sept |
| AED 15.0M | 4 BR Villa · 6,920 sqftRoyal Golf Villas · Jumeirah Golf Estates | 20 Oct |
| AED 11.4M | 5+ BR Villa · 6,325 sqftBermuda - Damac Islands 2 · Damac Island City | 10 Aug |
| AED 11.4M | 5+ BR Villa · 6,325 sqftBermuda - Damac Islands 2 · Damac Island City | 1 Oct |
Questions about Damac Properties
What is the average price per sqft in Damac Properties?
The median sale price in Damac Properties over the last three months was AED 1,430 per sqft (median sale AED 1.68M), based on 1,540 sales registered with Dubai Land Department.
Are property prices in Damac Properties going up?
Like-for-like prices per sqft are up 5.9% on a year earlier and down 1.4% on the previous three months.
How many properties were sold in Damac Properties in the last year?
10,708 sales worth AED 25.16B were registered in the last 12 months: 60% developer off-plan, 10% off-plan resales and 31% secondary (ready) sales.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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