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DAMAC CITY TOWER A

Apartment 2 BR DAMAC Properties

BELOW MARKET

Total Price

2,426,964

Rate

1,956 AED/sqft

Size

1,241 sqft

Comparable sales

View area trends

Rental context

Comparable 2-bedroom apartments in Dubai Water Canal rent for a median of 211,585/yr across 321 Ejari contracts in the last two years.

Median annual rent
211,585
Sale price (this txn)
2,426,964
Implied gross yield
8.7%

Yield = median annual rent ÷ this transaction's sale price. Rent and sale data are independent — rent is from the Ejari rental-contracts feed, price is from this DLD transaction. Implied yield is gross (no service charges, agency fees, or vacancy).

Verdict logic

This transaction cleared at 1,956 AED/sqft, below market compared with the median of comparable apartment sales in Dubai Water Canal.

  • Comparable median: 2,385 AED/sqft across 6arm's-length sales weighted by location, size, beds and recency.
  • Delta vs comparable median: −18.0%.
  • Gifts and mortgages excluded.
highOff-Plan

Location context

Dubai Water Canal · DAMAC Properties

Centroid shown — DLD parcel coordinates ship with the live data feed.

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Verify & cross-reference

Find DAMAC CITY TOWER A on DXB Interact

DXB Interact lists every sale for the building; the search above pre-fills DLD's beds + price + year so the right building page is usually result #1. The “DLD ref” below is the transaction id from DLD's open dataset for your own records.

Building
DAMAC CITY TOWER A, Dubai Water Canal
Sale date
26 Sept 2025
Procedure
Sell - Pre registration · Off-Plan · arm's-length
DLD ref
DLD-1-102-2025-94792
DLD AED/sqm
21,051(our derived AED/sqft: 1,956)
Publishedby DLD on 20 May 2026
▸ Raw DLD record
transaction_id
dld-1-102-2025-94792
instance_date
2025-09-26
area_name_en
Dubai Water Canal
master_project_en
Dubai Water Canal
project_name_en
DAMAC CITY
building_name_en
DAMAC CITY TOWER A
property_type_en
Apartment
rooms
2 BR
size_sqft
1,241
actual_worth
AED 2,426,964
meter_sale_price
21,051 AED/sqm
procedure_name_en
Sell - Pre registration
reg_type_en
Off-Plan Properties
property_usage_en
Residential
has_parking
yes
parties (seller / buyer)
1 / 1
nearest_landmark_en
Burj Khalifa
nearest_metro_en
Business Bay Metro Station
nearest_mall_en
Dubai Mall
load_timestamp
2026-05-20T13:18:43.000Z

This record is pulled directly from the Dubai Land Department's open data portal. The “DLD ref” field above is the registered DLD transaction id — use the DXB Interact lookup to cross-check; the building, area, date and price will match the public record. Heart Homes is not affiliated with the Department.DLD open-data home ↗