Damac District Tower B
Off-Plan

Damac District Tower B

From AED 781,000·Handover Sep 2029·15% down payment Payment
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AED 781,000
Starting Price
Sep 2029
Handover
15% down payment
Payment Plan
Studio · 1 BR
Type

Project Overview

Damac District Tower B is a residential project by DAMAC Properties, located in the Damac Hills community and forming part of a complex with two residential and one office tower. The building includes a ground floor, two podium levels, twenty-nine residential floors and a roof. The architecture is designed in a contemporary style with a cascading façade composition and spacious terraces. The volumes are complemented by integrated greenery, creating a dynamic and expressive silhouette. The project features studios and one-bedroom apartments. Interiors are designed in a contemporary aesthetic using a warm natural palette and organic textures. The spaces are defined by functionality and are oriented towards everyday comfort. Residents benefit from a range of amenities for leisure and recreation, including private dining areas, BBQ zones, swimming pools, children’s play areas, yoga spaces, and relaxation areas with water features. The location in Damac Hills provides convenient access to key destinations across the city. Miracle Garden is 13 minutes away, Global Village and IMG Worlds of Adventure are 14 minutes away, Hamdan Sports Complex is 15 minutes away, Mall of the Emirates is 24 minutes away, and Al Maktoum International Airport is 28 minutes away.

Project Specifications
DeveloperDamac Properties
LocationDamac Hills
Unit TypesStudio, 1 BR, Apartments
AreaDamac Hills
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 33,700 / year
Cash-on-Cash
2.2%
Levered cashflow AED 7,927
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 50,765 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Damac District Tower B launch basis868AED 781,000Current launch / asking basis
Damac Hills ready-stock comps1,500AED 1.35MIndicative resale benchmark
Damac Hills premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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Damac District Tower B official render 1

Damac District Tower B official render 1

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Damac District Tower B official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Damac Properties.

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Enter your details to access brochures, floor plans & payment schedules

Payment Structure

15% down payment

Flexible Payment

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Amenities & Lifestyle

BBQ
Basketball court
Broadband Internet
Children’s pool
Dining outlets (coffee houses & restaurants)
Event Lawns
Floating deck with sunbeds
Football field
Fountain
Gaming Lounge
Golf Simulator
Golf course
Horse Riding
Jogging tracks
Landscaped garden
Leisure areas
Lift
Lobby
Lounge
Open Kids Play Area
Paddle court
Park Access
Parking
Pet Garden
Pool Deck
Recreational areas
Resting Areas
Retail outlets
Shared Pool
Shared gym & fitness
Sitting Area
Skate Park
Sleep Over Snug (Nursery)
Social zone
Sports ground
Sunset Bar
Tennis court
Terrace Garden
Volleyball
Walking paths
Yoga Area

Location

Damac Hills

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Damac HillsDamac HillsDubai, UAE

Developer Track Record

01

Damac District Tower B by Damac Properties

02

Located in Damac Hills

03

Starting from AED 781,000

04

Unit mix includes Studio, 1 BR, Apartments

05

Expected handover: Sep 2029

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Get Qualified for Damac District Tower B

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