Damac City
DAMAC · Al Wasl · 511 homes · Under construction
A DAMAC project under construction in Al Wasl: 511 homes, 69% built, with completion promised for Q4 2025 on the register, a date that has passed. Registered off-plan sales from Jul 2025 to Jun 2026 had a median of AED 2,232 per sqft, 2% above the launch quarter.
Updated 27 Oct 2026Prices. Quarter by quarter since launch.
Every quarter as a table
| Quarter | Median AED/sqft | Sales |
|---|---|---|
| Q2 2022 | 2,190 | 226 |
| Q3 2022 | 2,381 | 125 |
| Q4 2022 | 2,725 | 35 |
| Q1 2023 | 2,531 | 38 |
| Q2 2023 | 2,281 | 10 |
| Q3 2023 | 2,340 | 11 |
| Q4 2023 | 2,220 | 13 |
| Q4 2024 | 2,070 | 13 |
| Q1 2025 | 2,159 | 25 |
| Q2 2025 | 2,318 | 30 |
| Q1 2026 | 2,202 | 26 |
| Q2 2026 | 2,684 | 14 |
Median AED per sqft of registered sales, off-plan and ready, through Q3 2026. Quarters with fewer than 10 sales are left out. The launch quarter is the first quarter with 10 or more sales.
Promised vs today. Launch to today.
The promised date is the completion date declared on the Dubai Land Department register. A handover is dated by the first ready-market sale on the register, which trails the keys. The launch price is the launch quarter’s median of registered sales, not a brochure. Area medians are every registered home sale in the area, Jul 2025 to Jun 2026.
Questions.
When will Damac City be completed?
The register declares completion for Q4 2025, and the project is reported 69% built. That date has passed without a handover on the register. DAMAC's completed Dubai projects typically finished 2 quarters late.
What do homes in Damac City sell for?
From Jul 2025 to Jun 2026, 51 homes sold on the register at a median of AED 2,232 per sqft and AED 2.84M per home. By unit type: 1 BR AED 1.87M (22 sales), 2 BR AED 4.21M (26 sales). These are registered deeds, not the developer's price list.
Who built Damac City?
DAMAC. The project is registered to DAMAC on the Dubai Land Department register, which lists 260 projects for the developer in Dubai, 120 of them under construction. 24 of its 67 dated handovers came within 3 months of the promised date.
How many homes are in Damac City?
511, as counted on the Dubai Land Department register. The declared mix: 205 1 BR, 249 2 BR, 45 3 BR, 10 4+ BR.
