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Community in Dubai, DLD district Al Hebiah Third

DAMAC Hills

DAMAC Hills is mid-priced for Dubai: homes sold for a median AED 1,682 per sqft over the past year, against AED 1,733 for Dubai as a whole. It is an active market, with 1,933 sales in 12 months, 52% of them off-plan. A typical 1-bedroom costs about AED 1.24M and rents for about AED 70K a year, a gross yield of about 7.0%. Prices are up 26.6% on a year earlier and up 50% over three years. 4,232 leases were registered with Ejari in the past year. About 103 new homes are due to finish here in the next two years.

Price per sqft, past year
AED 1,682
+26.6% on a year ago
Sales, past year
1,933
52% off-plan
Net yield, apartments
3.7%
5.6% gross

Prices and rents by bedrooms in DAMAC Hills

HomeTypical priceSizeRent a yearGross yield
StudioAED 600K426 sqftAED 45K7.8%
1 bedroomAED 1.24M688 sqftAED 70K7.0%
2 bedroomsAED 2.02M1,260 sqftAED 120K6.7%
3 bedroomsAED 2.92M2,745 sqftAED 170K5.9%

Buildings with the most sales in DAMAC Hills

  • Damac DistrictAED 1,825 per sqftUnder construction, 4% built, 705 sales
  • Damac Hills - Golf Greens 2AED 1,665 per sqftUnder construction, 45% built, 219 sales
  • Damac Hills - CarsonAED 1,364 per sqftFinished, 144 sales
  • Damac Hills - ArtesiaAED 1,270 per sqftFinished, 65 sales
  • Damac Hills - Golf VitaAED 1,512 per sqftFinished, 55 sales
  • Damac Hills - Golf PromenadeAED 1,252 per sqftFinished, 52 sales
  • Damac Hills - Golf GateAED 1,526 per sqftFinished, 50 sales

Off-plan projects in DAMAC Hills

  • Damac District4% builtDamac Crescent Properties, due 2029-03
  • Damac Hills - Golf Greens 245% builtDamac Crescent Properties
  • Damac Hills - Ivory1% builtDamac Crescent Properties, due 2028-06

Sources: Dubai Land Department sales and Ejari rent records, aggregated by Dubai Data (CC BY 4.0) and DXBData.io. Not an official DLD product. Information, not financial advice.