License expires Jul 2026
DAMAC ELITE INVESTMENT CO. L.L.C
License #1205083 · Registered 2024 · 0% avg completion
01Developer verdict
VERIFY
0 completed, 4 under construction. Verify delivery history before committing. Best performer: DAMAC ISLANDS - BALI 4 (#206). License renewal due Jul 2026 — verify before committing to under-construction projects.
Top projects by rank: DAMAC ISLANDS - BALI 4 (#206), DAMAC ISLANDS - MALDIVES 2 (#251), DAMAC ISLANDS - SEYCHELLES 1 (#1127)
02Key numbers
Total projects
18
DLD registered
Completed
0
0% done
Under construction
4
in progress
Sales (12m)
4,002
transactions
Rent contracts (12m)
0
strong demand
Occupancy
—
—
03Portfolio breakdown
18
projects
Completed0
Under construction4
Pending14
Recent completion track record
DAMAC SUN CITYin progress
DAMAC ISLANDS - FIJI 2in progress
DAMAC ISLANDS - MALDIVES 4in progress
DAMAC ISLANDS - MALDIVES 5in progress
04Risk assessment
caution
License expires before handover
License #1205083 expires Jul 2026, while several projects have handover dates in 2026–2028. Verify renewal plan before buying under-construction units.
05Project portfolio — top performers
| Project | Rank | Yield | Growth | Total | AED/m² | |
|---|---|---|---|---|---|---|
| DAMAC ISLANDS - BALI 4pendingAl Yelayiss 1 | #206 | — | +5.0% | — | 17.176 | Analyze project → |
| DAMAC ISLANDS - MALDIVES 2pendingAl Yelayiss 1 | #251 | — | +8.1% | — | 16.165 | Analyze project → |
| DAMAC ISLANDS - SEYCHELLES 1pendingAl Yelayiss 1 | #1127 | — | -13.0% | — | 17.379 | Analyze project → |
| DAMAC ISLANDS - BALI 1pendingAl Yelayiss 1 | — | — | — | — | 16.173 | Analyze project → |
| DAMAC ISLANDS - BALI 2pendingAl Yelayiss 1 | — | — | — | — | 16.392 | Analyze project → |
| DAMAC ISLANDS - BALI 3pendingAl Yelayiss 1 | — | — | — | — | 17.246 | Analyze project → |
| DAMAC ISLANDS - BORA BORA 1pendingAl Yelayiss 1 | — | — | — | — | 15.932 | Analyze project → |
| DAMAC ISLANDS - BORA BORA 2pendingAl Yelayiss 1 | — | — | — | — | 15.658 | Analyze project → |
| DAMAC ISLANDS - BORA BORA 3pendingAl Yelayiss 1 | — | — | — | — | 8.857 | Analyze project → |
| DAMAC ISLANDS - BORA BORA 4pendingAl Yelayiss 1 | — | — | — | — | 14.480 | Analyze project → |
| DAMAC ISLANDS - FIJI 1pendingAl Yelayiss 1 | — | — | — | — | 15.452 | Analyze project → |
| DAMAC ISLANDS - FIJI 2activeAl Yelayiss 1 | — | — | — | — | 15.675 | Analyze project → |
| DAMAC ISLANDS - MALDIVES 1pendingAl Yelayiss 1 | — | — | — | — | 16.735 | Analyze project → |
| DAMAC ISLANDS - MALDIVES 3pendingAl Yelayiss 1 | — | — | — | — | 16.197 | Analyze project → |
| DAMAC ISLANDS - MALDIVES 4activeAl Yelayiss 1 | — | — | — | — | 14.694 | Analyze project → |
06Before you buy from this developer
critical
Verify license renewal plan
License #1205083 expires Jul 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 ELITE INVESTMENT CO. L.L.C has 0 completed projects. Completed projects carry lower developer risk than off-plan.
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