DAMAC properties under AED 5 million
Under AED 5 million covers most DAMAC family villas and townhouses, plus larger apartments in Business Bay, Dubai Harbour and DAMAC Hills.
24 DAMAC projects currently start under AED 5M, across Al Marjan Island, Business Bay, DAMAC Islands, Damac Hills, Damac Hills 2, Damac Lagoons. Prices are the developer's current starting price for the project; the price of a specific unit depends on floor, view and size.
Damac Lagoons Views Phase 3
Valencia
Damac Riverside Views
Damac District
Elo 2 and 3 Damac
Elo Damac
Golf Greens
Damac Safa Gate
Volta
Damac Lagoons Views Phase 2
Chelsea Residences
Safa Two de Grisogono
Chelsea Residences 1 Tower C
Altitude de Grisogono
Canal Heights
Damac Casa
Safa One de Grisogono
Elegance Tower
Damac Islands Phase 1 and 2
Canal Crown
Damac Bay
Riverside by Damac
Shoreline
Chic Tower
What else affects the number
Payment plan
Off-plan homes are paid in stages, so the cash needed at booking is a fraction of the price. See DAMAC payment plans.
Fees on top
Dubai Land Department registration is 4% of the price plus admin fees. Budget for it separately; it is not included in any figure on this page.
Rental yield
Lower budgets usually sit in communities with higher gross yields. The ranges are on the rental yields page.