Damac District Office Building — project image
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Damac District Office Building

From AED 8.87M·Handover Aug 2029·20% down payment Payment
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AED 8.87M
Starting Price
Aug 2029
Handover
20% down payment
Payment Plan
Office · Commerce
Type

Project Overview

Damac District Office Building is an office project by DAMAC Properties, located in the Damac Hills community and forming part of a mixed-use complex with residential and commercial spaces. The building includes a ground floor, two podium levels, and ten office floors. The architecture is designed in a contemporary style with an emphasis on clean geometry, panoramic glazing, and a distinctive silhouette. The façades are designed to maximize natural light and open views, creating a comfortable working environment. The project offers office spaces in various formats with flexible layouts that can be adapted to different business needs. Interiors are designed in a modern business aesthetic using high-quality materials and a neutral color palette. The infrastructure integrates working and social spaces, including lounge areas, meeting rooms, informal interaction zones, as well as access to restaurants, cafés, and services within the complex. The location in Damac Hills provides convenient access to key destinations across the city. Dubai Polo & Equestrian Club is 10 minutes away, First Avenue Mall — 11 minutes, Dubai Autodrome — 12 minutes, Miracle Garden — 13 minutes, Dubai International Stadium, Global Village, IMG Worlds, and City Centre Me’aisem — 14 minutes, Mall of the Emirates — 24 minutes, and Al Maktoum International Airport — 28 minutes.

Project Specifications
DeveloperDamac Properties
LocationDamac Hills
Unit TypesOffice, Commerce
AreaDamac Hills
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 382,712 / year
Cash-on-Cash
2.2%
Levered cashflow AED 90,024
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 4.08M / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Damac Properties.

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Payment Structure

20% down payment

Published payment summary

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Amenities & Lifestyle

BBQ
Basketball court
Broadband Internet
Covered gym
Coworking zone
Dining outlets (coffee houses & restaurants)
Event Lawns
Football field
Fountain
Golf course
Horse Riding
Jogging tracks
Leisure areas
Lift
Lobby
Lounge
Meeting Room
Open Kids Play Area
Open air gym
Paddle court
Park Access
Parking
Pet Garden
Pool Deck
Recreational areas
Resting Areas
Retail outlets
Shared Pool
Sitting Area
Skate Park
Sleep Over Snug (Nursery)
Smart home
Social zone
Tennis court
Volleyball
Walking paths
Yoga Area

Location

Damac Hills

Nearby Destinations

Damac Hills

Developer and Project Facts

01

Damac District Office Building by Damac Properties

02

Located in Damac Hills

03

Starting from AED 8,869,350

04

Unit mix includes Office, Commerce

05

Expected handover: Aug 2029

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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RERA Registered
Qualified Buyer Flow
Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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