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DAMAC City Tower B

A 1 bed in DAMAC City Tower B costs a median AED 1.86M — from 43 sales and 0 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · 1 bed
21 in 12 months
Rental contracts · 1 bed
0 in 12 months
Buy
1.86MAED
AED 2,212/sqft
AED/yr/sqft
Sales
43
Rental contracts
0
Short-let listings seen
12 months
+9.8%
3 years
-11.3%-3.9%/yr

Based on 43 sales and 0 rental contracts in the last 24 months.

DAMAC City Tower B is an apartment building in Dubai Water Canal, Dubai, one of the towers in the DAMAC City development. The closest metro station is Business Bay Metro Station, the nearest mall Dubai Mall and the nearest landmark Burj Khalifa. Land Department records for it run from 2022 to 2026, 694 registered sales in all — the 43 in the last 24 months are what every median above is computed from.

Yield by bedroom type

TypeMedian priceAED/sqftYield12moSales
1 bedAED 1.86M2212+9.8%43
2 bedAED 4.22M2498-16.1%19
4+ bedAED 7.91M2762-0.1%2

Deltas compare each yield with the Dubai Water Canal median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

Sales

Nothing registered in the last 3 months. Try a wider window.

Rental contracts

Nothing registered in the last 3 months. Try a wider window.

Nearby

Metro
Business Bay Metro Station
Mall
Dubai Mall
Landmark
Burj Khalifa

Compare with nearby buildings

The most-traded buildings in DAMAC City, on the same figures over the same window.

Common questions

How much does a 1 bedroom in DAMAC City Tower B cost?
The median registered sale price is AED 1.86M (2,212 AED/sqft), from 43 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
Have prices in DAMAC City Tower B risen or fallen?
Median price per square foot moved +9.8% over the last 12 months against the 12 before it, on 43 registered sales. On a sample this size, read the direction rather than the exact figure.
How many apartments change hands in DAMAC City Tower B?
43 sales were registered with the Dubai Land Department in the last 24 months. Every median on this page rests on those counts.
Which metro station is closest to DAMAC City Tower B?
Business Bay Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

DAMAC City Tower B sale record

Record type
Building-level property market record
Data date
Evidence base
43 registered sales in the trailing 24 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts
Canonical record
/sale/apartments/dubai/dubai-water-canal/damac-city-tower-b
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “DAMAC City Tower B sale prices and yield.” Dubai Water Canal, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/dubai-water-canal/damac-city-tower-b.

Stable dataJSON

Where this data stops

Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.