License expires Nov 2026
DAMAC CANAL TWO PROPERTY DEVELOPMENT L.L.C
License #747156 · Registered 2016 · 100% avg completion
01Developer verdict
CONDITIONAL BUY
1 completed, 0 under construction. Verify delivery history before committing. Average yield 7.1%. Best performer: AYKON CITY 2 (#848). License renewal due Nov 2026 — verify before committing to under-construction projects.
Top projects by rank: AYKON CITY 2 (#848)
02Key numbers
Total projects
1
DLD registered
Completed
1
100% done
Under construction
0
in progress
Avg yield
7.1%
on par / above
Sales (12m)
88
transactions
Rent contracts (12m)
494
strong demand
Occupancy
36%
494 / 1,371 units
03Portfolio breakdown
1
projects
Completed1
Under construction0
Pending0
Recent completion track record
AYKON CITY 2finished
04Risk assessment
05Project portfolio — top performers
| Project | Rank | Yield | Growth | Total | AED/m² | |
|---|---|---|---|---|---|---|
| AYKON CITY 2finishedBusiness Bay | #848 | 7.1% | — | — | 20.592 | Analyze project → |
06Before you buy from this developer
critical
Verify license renewal plan
License #747156 expires Nov 2026. Confirm renewal status before any commitment on active/pending projects.
context
Overall risk: MEDIUM
DAMAC CANAL TWO PROPERTY DEVELOPMENT L.L.C has 1 completed projects. Completed projects carry lower developer risk than off-plan.
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