DAMAC City Tower A
A 2 bed in DAMAC City Tower A costs a median AED 4.18M.
2 bed · typical price
4.18MAED
AED 2,358/sqft · +13.5% on a year
- vs Al Wasl
- 23% below the median
Cost to buy, all inAED 4.44M
- Price
- AED 4.18M
- DLD fee 4%
- AED 167,320
- Agent 2% + VAT
- AED 87,843
- Trustee
- AED 4,200
Is DAMAC City Tower A a good investment?Prices rising; lots of new supply is coming; no record of the yield and the rent trend
- Does it pay a good rent?No Ejari lease registered here in 12 months, so any yield quoted is an estimateNo record
- Are rents going up?No lease registered in 12 months, so no rent trend to readNo record
- Are prices going up?2 bed: AED 2,078/sqft a year ago, 2,358 now+13.5%Strength
- How fast do fees pay back?AED 259,363 in fees to buy a 2 bed: DLD 4%, agent 2% plus VAT, trusteeAED 259,363
- Can I sell easily?19 sales in 12 months (37 the year before)19
- Is a lot being built nearby?790 apartments are planned in Al Wasl from 2026 to 2028, equal to 97% of the 816 homes let there today. A further 647 are past their planned date. Al Wasl supply by year →97%Watch
- Did earlier buyers gain?Up 10% for launch buyers, before fees+10.3%Context
Readings use published thresholds · 2 bed figures, the most traded type · Data to 12 Oct 2026
DAMAC City Tower A prices and rents by unit typeA two-bed costs about AED 4.18M
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
2 bed · price per sqft · Al Wasl · area median AED 3,065/sqft
- 12-month change
- +13.5%
- 3 years
- +4.3% · +1.4%/yr
- vs area median
- -23.1%
- Rank by price per sqft
- 17th of 18
Read with care
- No rental contracts are registered here yet, so there is no yield and the prices are launch pricing — a pre-handover building. Price growth from launch is not comparable with a let building's.
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Chart data, 2 bed: May 2022, AED 2,662,000; latest, May 2026, AED 7,134,990; peak, May 2026, AED 7,134,990.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 2,482 · before fees
- Launch, 2022–26
- 2,250
- +10%
- 183 sales
- 3 years ago
- 2,264
- +10%
- 21 sales
- Previous 12 months
- 2,113
- +17%
- 37 sales
- Last 12 months
- 2,482
- today
- 19 sales
The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.
No resales match the last 12 months. Try another transaction type, bedroom type or period.
Comparables in Al Wasl
Every Al Wasl building with a page, ranked by price per sqft over the same 12 months, all unit types. DAMAC City Tower A places 23rd of 24; the nearest 5 are shown.
Rank 1 is the dearest per square foot. Differences are against DAMAC City Tower A (AED 2,482/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At 2 bed, DAMAC City Tower A has registered sale prices 23% below the Al Wasl median price per square foot of 3,065 AED, across 18 eligible buildings. It ranks 17th of 18 by price per square foot in Al Wasl.
Market context in Al Wasl
Registered sales activity
80 ready apartment sales in the 12 months to 2026-10-12.
+9.8% in median AED/sqft versus the preceding year, supported by 80 current and 327 prior price observations.
Explore sales activityPlanned apartment projects
659 known registered units across 3 pending projects planned within one year of the 2026-07-06 register.
3 projects had already passed their planned date; 2 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
790 apartments are planned in Al Wasl from 2026 to 2028, equal to 97% of the 816 homes let there today.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
The DAMAC City towers
2 towers in DAMAC City, at the bedroom type above.
Al Wasl: every development at this typeAl Wasl: every development at this type
Medians of registered sales and new Ejari leases in the 12 months to 12 Oct 2026, pooled across each development’s towers at 2 bed. A median needs 3 rows; a dash with a count means fewer.
About DAMAC City Tower A
DAMAC City Tower A is an under-construction (38% built) apartment building in Al Wasl. 252 sales are registered with the Dubai Land Department.
Nearest, as registered
- Metro
- Business Bay Metro Station
- Mall
- Dubai Mall
- Landmark
- Burj Khalifa
DAMAC City Tower A: AED 2,482 per sq ft, 30% below the median Al Wasl building
The building's own figures against its area's registered market, last twelve months.
Price per sq ft
Median registered sale price, AED per sq ft, last 12 months
- DAMAC City Tower AAED 2,482
- Al Wasl, readyAED 2,942
- Al Wasl, off-planAED 3,219
- Dubai, readyAED 1,421
Nearby in Al Wasl
Prices per sq ft around DAMAC City Tower A, on the mapPrices per sq ft around DAMAC City Tower A, on the map
DAMAC City 2
Al Wasl · 290 sales, 12 months
2.24M
AED, resale median · 3,021/sqft
Canal Front Residences CF 6
Al Wasl · 16 sales, 12 months
4.88M
AED, resale median · 2,956/sqft
Canal Front Residences CF 3
Al Wasl · 13 sales, 12 months
3.97M
AED, resale median · 2,919/sqft
Canal Front Residences CF 5
Al Wasl · 10 sales, 12 months
4.79M
AED, resale median · 3,081/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · 2 bedOn record
- Rental evidence · 2 bedRead with care
- Service chargeNot on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.Not on record
- Project registerRead with care
- Costs not includedNot in the yield
Rent or buy
What owning a 2 bed here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from DAMAC City Tower A’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.
- Monthly mortgage
- —
- 4.5% over 25 years
- Monthly rent
- —
- Cash needed at purchase
- —
Enter a price, a rent, a rate, a term and a horizon to model the comparison.
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Common questions
- What is the rental yield in DAMAC City Tower A?
- No gross yield is published for DAMAC City Tower A as of 2026-10-12: no rental contract is registered for it yet. In the last 12 months it had 15 registered sales and 0 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales. The Al Wasl median is 4.5% gross.
- How much does a 2 bedroom in DAMAC City Tower A cost?
- The median registered sale price is AED 4.18M (2,358 AED/sqft), from 15 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- Have prices in DAMAC City Tower A risen or fallen?
- Median price per square foot moved +13.5% over the last 12 months against the 12 before it, on 15 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
- How many apartments change hands in DAMAC City Tower A?
- 15 sales were registered with the Dubai Land Department in the last 12 months. Every median on this page rests on those counts.
- Which metro station is closest to DAMAC City Tower A?
- Business Bay Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.
For agents
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DAMAC City Tower A sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 15 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts
- Canonical record
- /sale/apartments/dubai/al-wasl/damac-city-tower-a
Cite as: Dubai Wealth Index. “DAMAC City Tower A sale prices and yield.” Al Wasl, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/al-wasl/damac-city-tower-a
Stable dataJSON