DAMAC City, Dubai Water Canal: sale prices and transactions
DAMAC City is a project registered with the Dubai Land Department (project no. 2374) in Dubai Water Canal. Since May 2022, 601 residential sales have been registered there, the latest in October 2026. Over the last 12 months, 51 sales closed at a median AED 24,028 per m² (AED 2,232 per sq ft).
- AED 24,028median price per m²
- AED 2,232median price per sq ft
- 601sales since 2022
- 51sales in 12 months
- +3.4%change year on year
Its price per m² is 29.1% below the Dubai Water Canal median (AED 33,886/m²). All sales were registered off-plan: the project is sold before completion.
DAMAC City prices by bedroom
Median sale price and median size, DLD sales over the last 12 months (at least 3 sales per row).
| Unit type | Sales | Median price | Median size |
|---|---|---|---|
| Apartment · 1 bedroom | 23 | AED 1,873,000 | 78 m² |
| Apartment · 2 bedrooms | 24 | AED 4,246,500 | 168 m² |
| Apartment · 3 bedrooms | 3 | AED 17,336,130 | 449 m² |
DAMAC City price history
| Year | Sales | Median / m² | Median / sq ft | Change |
|---|---|---|---|---|
| 2022 | 386 | AED 23,906 | AED 2,221 | — |
| 2023 | 72 | AED 25,854 | AED 2,402 | +8.1% |
| 2024 | 33 | AED 22,285 | AED 2,070 | -13.8% |
| 2025 | 66 | AED 24,508 | AED 2,277 | +10% |
| 2026 (to mid-October) | 44 | AED 24,028 | AED 2,232 | -2% |
Buildings recorded in sales
- DAMAC CITY TOWER B
- DAMAC CITY TOWER A
Location
- Nearest metro: Business Bay Metro Station
- Shopping mall: Dubai Mall
- Landmark: Burj Khalifa
DAMAC City off-plan: official sheet, progress and price list
Developer: J A Parks L.L.C, all projects
Neighbouring projects in Dubai Water Canal
Same price per m² elsewhere in Dubai
- Ocean Cove, Mina Rashid — AED 24,026/m²
- Binghatti Hillcrest, Arjan — AED 24,030/m²
- Silva, Dubai Creek Harbour — AED 24,021/m²
- Creek Beach - Rosewater, Dubai Creek Harbour — AED 24,107/m²
Other projects in Dubai Water Canal
- Canal Front Residences CF1 & CF2 — AED 29,329/m²
- Canal Front Residences-CF3&CF4 — AED 31,424/m²
- Canal Front Residences-CF7 & CF8 & CF9 — AED 31,881/m²
- DAMAC City 2 — AED 32,458/m²
- Canal Front Residences-CF5&CF6 — AED 32,473/m²
- Eden House The Park — AED 43,306/m²
- Muraba Veil — AED 45,130/m²
- Eden House The Canal — AED 54,557/m²
Dubai Water Canal property prices · Dubai Water Canal rents · Dubai property prices
Frequently asked questions
What is the price per sq ft at DAMAC City?
Over the last 12 months the median is AED 2,232 per sq ft (AED 24,028 per m²) across 51 DLD sales.
How much is a 1 bedroom at DAMAC City?
Median sale price AED 1,873,000 for a median 78 m², across 23 sales over the last 12 months.
How many sales have been registered at DAMAC City?
601 residential sales registered with the DLD between May 2022 and October 2026, 100% of them off-plan.
Where is DAMAC City?
In Dubai Water Canal (DLD area Al Wasl), Dubai; nearest metro station per the DLD: Business Bay Metro Station.
Sources and method
Sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), registered residential sales (apartments, villas and townhouses) from October 16, 2025 to October 16, 2026 for the last 12 months. Price per m² = sale price / registered area; we use the median, which is less sensitive to unusual deals. 1 m² = 10.764 sq ft.
Data published under the Dubai Open Data Licence, downloaded on 20 October 2026 and analysed by Cevitas Real Estate. They describe past transactions and are not a valuation or investment advice.