Price, payment plan and homes
- Last listed from
- Price on request
- Bedrooms
- 1 bed to 3 bed
- Payment plan
- Not published
- Handover
- Ready
DLD registered sales
- Since launch
- +11%
- · AED 1,262 to 1,406 per sqft, 2009 launch to today's resales · Dubai Land Department open data
Homes and floor plans
FreeholdDamac Properties has not published its unit types.
Payment plan
Damac Properties has not stated one.
Location · Business Bay · Dubai
Mixed-use towers along the Dubai Canal, immediately south of Downtown.
The in-depth review
Why it has no score yet
Price per sqft vs registered sales
Dubai Land Department open dataPrice per sqft not stated yet
The comparison with DLD transaction data for Business Bay appears once a price per sqft is known.
Not yet assessed
4 of 5 factors · 70% of the weight · 1 Nov 202670% of the weight is assessed, but no project is scored without its price: a score appears once its price per sqft is known. The factors below show what is still missing. Our opinion, not investment advice.
How each factor was measured
- Price against what buyers actually paid
- Fewer than 10 of the building's own registered sales yet · DLD
- Growth since launch
- 80 off-plan sales in its first year (from Nov 2009), 13 resales in the last 12 months: +11% · Dubai Land Department open data
- Developer track record
- Our rating, 20 delivered projects, how its 33 finished buildings resell and who stands behind it
- Location and infrastructure
- Our rating of Business Bay, and 5 kinds of places measured from the pin · OpenStreetMap
- How big the resale market is
- 1,714 resales of finished apartments in Business Bay this year · DLD
The formula is public: how the Rendr Score works. Our opinion, not investment advice. A figure you believe is wrong: alexk.dxb02@gmail.com.
Free · 90 days · the whole site
The full breakdown behind the score
Free for 90 days. One sign-up opens everything on the site: the breakdown behind all 1,626 scored projects, the figures and reasons behind the developers' ranking, and rent, a mortgage and fees in every forecast. Nothing to pay.
- The 4 assessed factor scores, with the figure and source behind each
- Damac Properties' DLD record: 17 projects, 0 past their date
Everything behind every score on the site.
- Projects scored
- 1,626
- projects scored
- Factors
- 8
- factors, formula public
- Registers
- ADREC · DLD
- registered sales, not asking prices
Handover date
Ready
Handed over
What this means
Damac The Residences has been handed over: homes here are built and ready to move into, so a purchase is a resale rather than off-plan.
DLD registration status
Verified 13 Sep 2026- Project registrationNot published yet
- Escrow accountNot published yet
- Developer licenceNot published yet
Where the figures come from
Check it on dubailand.gov.ae. How to read the DLD register.
Figures from tanamiproperties.com, saved 13 Sep 2026, last verified 13 Sep 2026.
About
Damac The Residences is a completed apartment tower by Damac Properties in Business Bay, Dubai, with one to three-bedroom apartments.
- Developer
- Damac Properties
- Area
- Business Bay
- Status
- Ready
- Ownership
- Freehold
Amenities
- 24x7 Security
- Basketball Court
- Dining Outlets
- Green Surrounding
- Gymnasium
- Health Care Centre
- Infinity Pool
- Kids Play Area
- Marina & Yacht Club
- Restaurants
- Retail Outlets
- Supermarket
- Swimming Pool
- Tennis Courts
What’s nearby
straight-line distance- Hospital or clinic260 m
- Supermarket or mall540 m
- Metro or tram stop1.0 km
- School1.9 km
- Beach2.0 km
The nearest of each on OpenStreetMap, Sep 2026.
Rental yield nearby
gross, apartments6.4% in Business Bay. A median rent of AED 113 per sqft a year on 7,717 new tenancy contracts, last 6 months, against AED 1,775 per sqft paid across 1,027 finished sales, last 6 months.
Before service charges, fees and empty periods; our arithmetic on Dubai Land Department open data figures, Oct 2026. The working
More in Business Bay
Compare side by sideAll projects in Business Bay
Damac The Residences: questions buyers ask
When is the Damac The Residences handover date?
Damac The Residences is built and handed over, so a home bought here is ready to occupy rather than off-plan.
How much have prices at Damac The Residences grown since launch?
Registered sales put its launch-year price at a median AED 1,262 per sqft (80 sales from 2009) and its resales over the last 12 months at AED 1,406 per sqft (13 resales): +11%, about 0.6% a year, against 0.2% a year for comparable buildings launched the same year in Dubai. Source: Dubai Land Department open data; the arithmetic is ours.
What rental yield do apartments in Business Bay make?
About 6.4% gross for apartments in Business Bay, worked out from DLD's own figures: new tenancy contracts, last 6 months, against finished sales, last 6 months, before service charges and fees.
Who is the developer of Damac The Residences?
Damac The Residences was developed by Damac Properties. It sits in Business Bay, Dubai.
Changes
Listed 13 Sep 2026
Listed on the site
Source: tanamiproperties.com, saved 13 Sep 2026
Still weighing Damac The Residences?
The 4 assessed factor scores are one sign-up away. Free for 90 days, with everything else on the site.