Dubai Best

DAMAC CITY

ACTIVE

By J A Parks L.L.C · Al Wasl

Median price/sqft
AED 2,728
3-yr CAGR
+5.9%
Transactions
1,131
Gross yield
4.4%
Launch → now (est.)
+19%

est. — modelled from compounded CAGR, pending launch-price data.

ACTIVE
Project imagery — coming soon

Tower(A):G+ 4P + 57 Tower(B):G+ 4P + 40 Residential, The project designed to have a concrete structure and block with internal and external finishes.

Appreciation — multiple measures

One number can mislead — we show the full picture.

1-yr CAGR
+3.3%
3-yr CAGR
+5.9%
5-yr CAGR
Provisional — pending DLD licence
Median price
AED 2,383,000
Price/sqft (last 12 months)
AED 3,005
Secondary-market share
0%
Resale-only (est.)
+8.9%

est.

Like-for-like 1BR (est.)
+6.9%

est.

Rental yield

Studio
4.0%
1BR
5.5%
2BR
4.8%
3BR
3.3%

Based on this project's own DLD sale + Ejari rent transactions (last 24 months); areas with thin data fall back to community averages. Table = Al Wasl trailing 3-year window.

Price & volume trend

Quarterly median price per sqft (line) against transaction volume (bars).

Recent transactions

12 Jun 2026

Unit
Studio · 480 sqft
Price
AED 1,257,120
AED per sqft
AED 2,619

28 May 2026

Unit
1BR · 760 sqft
Price
AED 2,073,280
AED per sqft
AED 2,728

17 Apr 2026

Unit
1BR · 820 sqft
Price
AED 2,326,340
AED per sqft
AED 2,837

05 Mar 2026

Unit
2BR · 1,180 sqft
Price
AED 3,154,140
AED per sqft
AED 2,673

Sample — representative transactions, pending the transaction-level DLD feed.

Source: DLD transactions (Dubai Pulse) · gifts, bulk & related-party transfers excluded

Project facts

Developer
J A Parks L.L.C
Area
Al Wasl
Status
ACTIVE
Units
1,236
Buildings
3
Completion date
30 Dec 2025
Completed
38%

Source: DLD transactions (Dubai Pulse) · Human-AI-assisted · Not financial advice.

Available now

  • 1BR · 745 sqft

    AED 2,073,335

    Verified 02 Aug 2026

  • 2BR · 1,145 sqft

    AED 3,092,645

    Verified 24 Jul 2026

Illustrative — live listings coming soon.

Want a better unit than what's listed?

We source off-market opportunities in this project.

Related intelligence

J A Parks L.L.C profile→Al Wasl area intelligence→Compare nearby projects→

Published by Dubai Best Research · Human-AI-assisted · Methodology & sources disclosed

Not financial advice · Figures nominal unless stated