License expires Apr 2026
DAMAC DEVELOPMENT(L L C)
License #567551 · Registered 2007 · 100% avg completion
Comprehensive DLD data · Based on 12 DLD-registered projects
01Developer verdict
VERIFY LICENSE
Established developer with 12 completed projects. 0 under construction. Average yield 6.4%, total return 0.4%. Best performer: GHALIA (#797). License renewal due Apr 2026 — verify before committing to under-construction projects.
Top projects by rank: GHALIA (#797), CELESTIA (#1121), TOWER 108 (#1361)
02Key numbers
Total projects
12
DLD registered
Completed
12
100% done
Under construction
0
in progress
Avg yield
6.4%
on par / above
Avg total return (12m)
+0.4%
yield + growth
Sales (12m)
336
transactions
Rent contracts (12m)
2,798
strong demand
Occupancy
64%
2,798 / 4,344 units
03Portfolio breakdown
12
projects
Completed12
Under construction0
Pending0
Recent completion track record
BAY'S EDGEfinished
CELESTIAfinished
GHALIAfinished
LINCOLN PARKfinished
LINCOLN PARK ( NORTH SIDE)finished
LINCOLN PARK (SHEFFIELD)finished
LINCOLN PARK(WEST SIDE & LINCOLN PARK - B)finished
MADISON RESIDENCEfinished
TENORAfinished
THE DISTINCTIONfinished
04Risk assessment
strong
Strong rental demand
2,798 rent contracts in 12m across portfolio. Active rental market demonstrates sustained tenant demand.
05Project portfolio — top performers
| Project | Rank | Yield | Growth | Total | AED/m² | |
|---|---|---|---|---|---|---|
| GHALIAfinishedAl Barsha South Fourth | #797 | 7.2% | -4.8% | +2.4% | 12.175 | Analyze project → |
| CELESTIAfinishedMadinat Al Mataar | #1121 | 6.5% | — | — | 11.179 | Analyze project → |
| TOWER 108finishedAl Barsha South Fourth | #1361 | 6.8% | — | — | 11.969 | Analyze project → |
| LINCOLN PARKfinishedAl Barshaa South Third | #1496 | 6.8% | — | — | 10.576 | Analyze project → |
| LINCOLN PARK (SHEFFIELD)finishedAl Barshaa South Third | #1506 | 7.1% | — | — | 10.360 | Analyze project → |
| LINCOLN PARK ( NORTH SIDE)finishedAl Barshaa South Third | #1841 | 6.4% | — | — | 10.110 | Analyze project → |
| BAY'S EDGEfinishedBusiness Bay | #1938 | 6.1% | — | — | 17.779 | Analyze project → |
| MADISON RESIDENCEfinishedWadi Al Safa 3 | #2160 | 5.8% | — | — | 10.494 | Analyze project → |
| TENORAfinishedMadinat Al Mataar | #2225 | 5.3% | — | — | 11.639 | Analyze project → |
| UPPER CRESTfinishedBurj Khalifa | #2509 | 4.6% | — | — | 22.334 | Analyze project → |
| THE DISTINCTIONfinishedBurj Khalifa | #2599 | 4.3% | — | — | 26.050 | Analyze project → |
| LINCOLN PARK(WEST SIDE & LINCOLN PARK - B)finishedAl Barshaa South Third | — | 8.2% | — | — | 9.794 | Analyze project → |
06Before you buy from this developer
critical
License expired — do not proceed
License #567551 expired Apr 2026. Confirm renewal before any commitment.
context
Overall risk: LOW-MEDIUM
DAMAC DEVELOPMENT(L L C) has 12 completed projects. Completed projects carry lower developer risk than off-plan.
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