License expires Nov 2026
DAMAC CANAL ONE PROPERTY DEVELOPMENT L.L.C Review: Projects, Delivery Record & DLD Data
License #747245 Β· Registered 2016 Β· 50% avg completion
Comprehensive DLD data Β· Based on 2 DLD-registered projects
DLD portfolio snapshot for DAMAC CANAL ONE PROPERTY DEVELOPMENT L.L.C: 2 registered projects (1 completed, 1 under construction), 141 registered sales in the last 12 months, portfolio yield ~6.7%. Use this as sponsor context before you reserve β then run Offer Verdict on any live quote.
01Developer track record
CHECK PROJECT TERMS
1 completed, 1 under construction. Verify delivery history before committing. Average yield 6.7%. Best performer: AYKON CITY 3 (#461). License renewal due Nov 2026 β verify before committing to under-construction projects.
Top projects by rank: AYKON CITY 3 (#461), AYKON CITY (#761)
02Key numbers
Total projects
2
DLD registered
Completed
1
50% done
Under construction
1
in progress
Avg yield
6.7%
on par / above
Sales (12m)
141
transactions
Rent contracts (12m)
144
strong demand
Occupancy
6%
144 / 2,518 units
03Portfolio breakdown
2
projects
Completed1
Under construction1
Pending0
Recent completion track record
AYKON CITYfinished
AYKON CITY 32022
04Risk assessment
caution
License expires before handover
License #747245 expires Nov 2026, while several projects have handover dates in 2026β2028. Verify renewal plan before buying under-construction units.
05Project portfolio β top performers
| Project | Rank | Yield | Growth | Total | AED/mΒ² | |
|---|---|---|---|---|---|---|
| AYKON CITY 3activeBusiness Bay | #461 | 5.7% | β | β | 26.347 | Check a quote β |
| AYKON CITYfinishedBusiness Bay | #761 | 7.8% | β | β | 19.415 | Check a quote β |
06Before you buy from this developer
critical
Verify license renewal plan
License #747245 expires Nov 2026. Confirm renewal status before any commitment on active/pending projects.
verify
Check escrow account status
Verify financial guarantees and milestone payment structure for under-construction projects. Confirm funds are in RERA-regulated escrow.
verify
Confirm construction schedule
For active projects: verify current construction progress vs stated completion percentage. Request latest project timeline from developer.
context
Overall risk: MEDIUM
DAMAC CANAL ONE PROPERTY DEVELOPMENT L.L.C has 1 completed projects. Completed projects carry lower developer risk than off-plan.
Use this sponsor history as context, then run Offer Verdict on any real DAMAC CANAL ONE PROPERTY DEVELOPMENT L.L.C quote before you negotiate or reserve.
Run a DLD-backed Offer Verdict β