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ReadyHanded over

The Cosmopolitan

by DAMAC Properties Business Bay

About The Cosmopolitan

The Cosmopolitan is a freehold residential & commercial development located in Business Bay area. The building consists of 3 Basement floors + Ground + Health Club + 18 Typical Floors.

Key information

DAMAC Properties
Developer
DAMAC Properties
Handover
Q1 2014
Status
Handed over
Location
Business Bay, Dubai
Master project
Business Bay
Construction started
2010
Number of buildings
1
Number of units
368
Service charge
AED 27/sqft
Registered with DLD
08 Nov 2008
Escrow bank
Abu Dhabi Commercial Bank
Escrow account no.
632247159001
DLD transfer fee
4%

Source: official Dubai Land Department project data.

Project timeline

  1. Construction started
    2010
  2. Handed over
    Q1 2014

Construction progress

18 inspection photos from the Dubai Land Department. Latest 17 Feb 2014 at 90% complete.

The Cosmopolitan construction — photo 1
The Cosmopolitan construction — photo 2
The Cosmopolitan construction — photo 3
The Cosmopolitan construction — photo 4
The Cosmopolitan construction — photo 5
The Cosmopolitan construction — photo 6
The Cosmopolitan construction — photo 7
The Cosmopolitan construction — photo 8
The Cosmopolitan construction — photo 9
The Cosmopolitan construction — photo 10
The Cosmopolitan construction — photo 11
The Cosmopolitan construction — photo 12
The Cosmopolitan construction — photo 13
The Cosmopolitan construction — photo 14
The Cosmopolitan construction — photo 15
The Cosmopolitan construction — photo 16
The Cosmopolitan construction — photo 17
The Cosmopolitan construction — photo 18

Amenities

Physical features recorded on the Dubai Land Department buildings register.

22 Floors
Retail & Shops
355 Residential Units

Sales and prices

Recorded sales from the Dubai Land Department register, not asking prices.

Recorded sales
981
Median price
AED 1.1M
Median price / sqft
AED 2K+7%
Off-plan share
34%

Priced 8% above than the Business Bay median of AED 2K/sqft.

Sold by bedroom

LayoutSoldTypical sizeAvg priceAvg / sqft
Studio578467 sqftAED 883KAED 2K
1 Bed246871 sqftAED 1.5MAED 2K
2 Bed891,397 sqftAED 2.4MAED 2K
3 Bed601,796 sqftAED 3.0MAED 2K

Price per sqft by year

+7% since 2009

AED/sqft

Recent recorded sales

DateTypeSizePricePrice / sqft
26 Aug 2026Resale409 sqftAED 600KAED 1K
29 Jun 2026Resale1,242 sqftAED 1.7MAED 1K
08 Jun 2026Resale508 sqftAED 800KAED 2K
18 May 2026Resale498 sqftAED 820KAED 2K
28 Apr 2026Resale491 sqftAED 880KAED 2K
03 Apr 2026Resale414 sqftAED 600KAED 1K
01 Apr 2026Resale818 sqftAED 1.3MAED 2K
01 Apr 2026Resale1,619 sqftAED 1.8MAED 1K

Unit mix

368 registered units, by layout and size, from the Dubai Land Department.

LayoutUnitsSize range
Shop11-
Office2-
Studio203349 - 795 sqft
1 B/R92711 - 1,323 sqft
2 B/R331,218 - 1,695 sqft
3 B/R271,617 - 3,545 sqft

Payment plan

Payment plans are set by DAMAC Properties and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.

Request the payment plan

Location

Approximate location in Business Bay, Dubai.

Business Bay

Dubai, United Arab Emirates

Frequently asked questions

The Cosmopolitan has already been handed over (Q1 2014), according to Dubai Land Department records.

Other new projects in Business Bay

More off-plan launches around Business Bay.

Handover Q1 201490% complete

The Cosmopolitan

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