DAMAC District

1. Is it on schedule?4% built in September 2026 against a March 2029 handover: 96% left to build in 30 months · DLD inspection, 18 Sept 20264%Context
2. Is my money protected?Payments go to an escrow account at بنك المشرق (شركة مساهمة عامة), as registered with the Land DepartmentEscrowContext
3. Is the price fair?AED 1,823/sqft, 1.0% above the DAMAC Hills off-plan median across 4 projects+1.0%Context
4. Is it selling?689 off-plan sales registered in the last 12 months, of 1,090 units; the latest on 12 Oct 2026689Context
5. Who is building it?Damac Properties, licence no. 954; 0 of its 18 dated live projects are past their registered dates0%Context

Sizes run from the 10th to the 90th percentile of registered floor area, so one mislabelled unit cannot set the range. A title is issued at handover: a live project shows few or none however many units have sold, and an untitled unit is not necessarily for sale.

Escrow agent

بنك المشرق (شركة مساهمة عامة)

Developer, as licensed

DAMAC CRESCENT PROPERTIES (no. 954)

Master developer

Damac Crescent Properties

Registered start

February 2026

Configuration

Project consists of 3 towers; Tower A: G+2P+26+R - residential building, Tower B: G+2P+29+R- residential building and Tower C: G+2P+10+R commercial located in Al Hebiah Third, Plot no. 6768567, Damac Hills, Dubai, United Arab Emirates. The building is designed to have a concrete structure and block with internal and external finishes.

Construction progress is DLD’s inspection of 18 Sept 2026. DLD’s published project register still lags it, so the later inspection is used and dated on its own. The developer is the company licensed to build it, by the register’s own licence number; the master developer owns the land under it and is often another company entirely. Off-plan price is the median of registered off-plan sales across this project’s published buildings, 12 months to 12 Oct 2026.

When will DAMAC District be completed?

The developer registered handover for March 2029, 30 months after DLD’s latest record, and the project was 4% built as of September 2026. A registered date is the developer’s own, not a delivery forecast. Dubai Land Department inspection of 18 Sept 2026.

What does DAMAC District cost per square foot?

AED 1,823 per sqft, the median of 689 registered off-plan sales in the 12 months to 12 Oct 2026; the median unit sold for AED 1.27M. That is 1.0% above the DAMAC Hills off-plan median across 4 projects.

Is DAMAC District in escrow?

Yes: the Land Department register names بنك المشرق (شركة مساهمة عامة) as the project’s escrow agent, the bank that holds buyers’ payments for the developer. Dubai Land Department project register as of July 2026.

Who is the developer of DAMAC District?

DAMAC CRESCENT PROPERTIES, licence no. 954, by the register’s own licence number; the master developer that owns the land is Damac Crescent Properties. Dubai Land Department project register as of July 2026.

How many units does DAMAC District have?

1,090 registered units, of which 0 have a title issued. A title is issued at handover, so a live project shows few or none however many units have sold. Dubai Land Department project register as of July 2026.