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Community · #33 by 12M value
Damac Hills
Market bulletin · Thu, 22 Oct 2026
Damac Hills: median AED 1,745/sqft, down 1.8% over three months on 233 sales
Damac Hills recorded 98 sales worth AED 179M in the 30 days to Thu, 22 Oct 2026, up 53.1% on the previous 30 days. Over the last week 30 sales were registered (AED 71.3M), against 17 the week before.
The median sale over the last three months was AED 1.23M, or AED 1,745/sqft — like-for-like prices per sqft down 1.8% on the previous three months and up 7.6% on a year earlier. Monthly medians over the past year ranged from AED 1,530/sqft to AED 1,829/sqft.
By market over 12 months: developer off-plan sales 51.7%, off-plan resales 3.5%, secondary (ready) sales 44.9%. Off-plan resales traded at a median 18.0% discount to developer prices per sqft.
Damac District Tower A was the most active project by value over 12 months (311 sales, AED 455M), and Damac Properties the leading developer with 100% of value.
Leases registered in the last three months had a median annual rent of AED 68K; like-for-like rent per sqft is flat on the previous three months. The best gross yield is on Studio apartments at about 7.8%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | AED 1,689 |
| Sept 26 | AED 1,755 |
| Aug 26 | AED 1,756 |
| Jul 26 | AED 1,829 |
| Jun 26 | AED 1,530 |
| May 26 | AED 1,617 |
| Apr 26 | AED 1,602 |
| Mar 26 | AED 1,548 |
| Feb 26 | AED 1,575 |
| Jan 26 | AED 1,531 |
| Dec 25 | AED 1,609 |
| Nov 25 | AED 1,712 |
| Oct 25 | AED 1,649 |
| Sept 25 | AED 1,500 |
| Aug 25 | AED 1,225 |
| Jul 25 | AED 1,467 |
| Jun 25 | AED 1,569 |
| May 25 | AED 1,231 |
| Apr 25 | AED 1,197 |
| Mar 25 | AED 1,303 |
| Feb 25 | AED 1,345 |
| Jan 25 | AED 1,288 |
| Dec 24 | AED 1,250 |
| Nov 24 | AED 1,223 |
Off-plan vs resale vs secondary
Monthly median AED/sqft by market (months with 10+ sales)
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | AED 1,765 | — | AED 1,360 |
| Sept 26 | AED 1,800 | — | AED 1,564 |
| Aug 26 | AED 1,801 | — | AED 1,261 |
| Jul 26 | AED 1,859 | — | AED 1,369 |
| Jun 26 | AED 1,644 | — | AED 1,350 |
| May 26 | AED 1,787 | — | AED 1,551 |
| Apr 26 | AED 1,763 | — | AED 1,431 |
| Mar 26 | AED 1,734 | — | AED 1,469 |
| Feb 26 | AED 1,770 | — | AED 1,523 |
| Jan 26 | AED 1,826 | — | AED 1,453 |
| Dec 25 | AED 1,804 | — | AED 1,453 |
| Nov 25 | AED 1,812 | — | AED 1,445 |
| Oct 25 | AED 1,741 | — | AED 1,463 |
| Sept 25 | AED 1,646 | — | AED 1,282 |
| Aug 25 | — | — | AED 1,219 |
| Jul 25 | AED 1,770 | — | AED 1,427 |
| Jun 25 | AED 1,661 | — | AED 1,506 |
| May 25 | AED 1,919 | — | AED 1,171 |
| Apr 25 | — | — | AED 1,165 |
| Mar 25 | — | — | AED 1,298 |
| Feb 25 | AED 1,911 | AED 1,437 | AED 1,288 |
| Jan 25 | AED 1,891 | AED 1,458 | AED 1,227 |
| Dec 24 | — | — | AED 1,239 |
| Nov 24 | — | AED 1,257 | AED 1,198 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 37 | 3 | 32 |
| Sept 26 | 46 | 1 | 26 |
| Aug 26 | 47 | 3 | 21 |
| Jul 26 | 92 | 5 | 41 |
| Jun 26 | 20 | 2 | 27 |
| May 26 | 16 | 2 | 34 |
| Apr 26 | 38 | 6 | 37 |
| Mar 26 | 27 | 0 | 35 |
| Feb 26 | 27 | 3 | 69 |
| Jan 26 | 33 | 8 | 79 |
| Dec 25 | 71 | 8 | 73 |
| Nov 25 | 188 | 4 | 112 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 98 | up 53.1% | AED 179M | 1,693 | down 3.5% |
| Last 3 months | 233 | up 0.9% | AED 429M | 1,745 | unchanged 0.0% |
| Last 6 months | 464 | down 45.5% | AED 928M | 1,745 | up 6.3% |
| Last 12 months | 1,353 | down 41.4% | AED 3.02B | 1,696 | up 27.5% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Off-plan (developer) | 699 | 52% | AED 1.30M | 1,808 | up 7.5% |
| Off-plan resale | 47 | 3% | AED 1.13M | 1,483 | up 3.2% |
| Secondary (ready) | 607 | 45% | AED 1.20M | 1,449 | up 14.1% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 232 | 17% | AED 610K | 1,424 | up 12.9% |
| 1 bedroom | 613 | 45% | AED 1.24M | 1,782 | up 37.1% |
| 2 bedrooms | 206 | 15% | AED 2.03M | 1,615 | up 23.7% |
| 3 bedrooms | 153 | 11% | AED 3.12M | 1,527 | up 16.0% |
| 4 bedrooms | 79 | 6% | AED 3.85M | 1,823 | up 18.8% |
| 5+ bedrooms | 68 | 5% | AED 7.90M | 1,764 | up 10.3% |
| Type | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Apartments | 1,037 | 77% | AED 1.24M | 1,716 | up 34.2% |
| Villas | 285 | 21% | AED 3.77M | 1,688 | up 17.1% |
| Hotel apartments | 29 | 2% | AED 828K | 1,341 | up 9.8% |
| Plots | 2 | 0% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 932 | 69% | AED 1.19M | 1,715 | up 39.0% |
| AED 2M–10M | 385 | 28% | AED 3.10M | 1,668 | up 15.0% |
| AED 10M–50M | 36 | 3% | AED 16.6M | 1,964 | down 10.5% |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | AED 63K |
| Sept 26 | AED 70K |
| Aug 26 | AED 70K |
| Jul 26 | AED 68K |
| Jun 26 | AED 78K |
| May 26 | AED 72K |
| Apr 26 | AED 68K |
| Mar 26 | AED 70K |
| Feb 26 | AED 68K |
| Jan 26 | AED 70K |
| Dec 25 | AED 70K |
| Nov 25 | AED 74K |
| Oct 25 | AED 68K |
| Sept 25 | AED 67K |
| Aug 25 | AED 65K |
| Jul 25 | AED 70K |
| Jun 25 | AED 73K |
| May 25 | AED 74K |
| Apr 25 | AED 70K |
| Mar 25 | AED 70K |
| Feb 25 | AED 70K |
| Jan 25 | AED 75K |
| Dec 24 | AED 65K |
| Nov 24 | AED 64K |
- Leases (12M)
- 5,377
- New leases
- 57.7%
- Median rent 3M
- AED 68K
- Rent/sqft 3M
- AED 93
| Studio apartments | AED 45K / AED 580K | 7.8% |
|---|---|---|
| 1 BR apartments | AED 70K / AED 1.00M | 7.0% |
| 2 BR apartments | AED 120K / AED 1.80M | 6.7% |
| 3 BR apartments | AED 170K / AED 3.00M | 5.7% |
| 3 BR villas & townhouses | AED 195K / AED 3.50M | 5.6% |
| 4 BR villas & townhouses | AED 218K / AED 3.70M | 5.9% |
| 5+ BR villas & townhouses | AED 370K / AED 7.28M | 5.1% |
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| Studio | 1,388 | AED 45K | AED 45K | 103 |
| 1 BR | 1,318 | AED 70K | AED 72K | 97 |
| 2 BR | 303 | AED 120K | AED 120K | 87 |
| 3 BR | 647 | AED 190K | AED 190K | 89 |
| 4 BR | 281 | AED 218K | AED 210K | 101 |
| 5+ BR | 194 | AED 370K | AED 370K | 95 |
Top projects
By sales value, last 12 months
| Project | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Damac District Tower ADamac Hills | 311 | 1,735 | down 7.1% |
| Damac District Tower BDamac Hills | 188 | 1,808 | down 2.6% |
| BelAir at the Trump EstatesDamac Hills | 27 | — | — |
| Golf Greens 2 Tower BDamac Hills | 105 | — | — |
| Damac Hills - Autograph CollectionDamac Hills | 9 | — | — |
| Ivory at Damac HillsDamac Hills | 50 | — | — |
| Cavаlli Estates VillasDamac Hills | 7 | — | — |
| Silver Springs 3Damac Hills | 27 | — | — |
| Park Residences Villas 1Damac Hills | 32 | — | — |
| Silver SpringsDamac Hills | 12 | — | — |
| Damac Villas by Paramount (Piccadilly Green)Damac Hills | 9 | — | — |
| Park Residences Villas 4Damac Hills | 16 | — | — |
| RockwoodDamac Hills | 13 | — | — |
| Golf Gate 1Damac Hills | 44 | 1,407 | — |
| Gems Estates 1Damac Hills | 3 | — | — |
Developers in Damac Hills
Their sales here only, last 12 months
| Developer | Sales 12M | AED/sqft | Share |
|---|---|---|---|
| Damac Properties | 1,163 | 1,624 | 100% |
Similarly priced communities
CompareCommunities with the closest 12-month median AED/sqft
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Business Park Motor City | 1,606 | 1,701 | down 4.5% |
| The Villa | 71 | 1,828 | — |
| Jumeirah Lake Towers | 1,286 | 1,582 | up 12.1% |
| Jebel Ali Industrial Second | 458 | 1,716 | down 0.3% |
| Wasl Gate | 510 | 1,689 | up 0.7% |
| District Seven | 80 | 1,615 | — |
| Azizi Venice | 5,090 | 1,721 | down 0.5% |
| City of Arabia | 2,159 | 1,693 | up 2.1% |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 20.5M | 5+ BR Villa · 11,575 sqftCavаlli Estates Villas | 16 Sept |
| AED 16.3M | 5+ BR Villa · 7,328 sqftBelAir at the Trump Estates | 10 Sept |
| AED 7.65M | 5+ BR Villa · 3,817 sqftThe Field | 20 Oct |
| AED 7.10M | 4 BR Villa · 3,110 sqftDamac Hills - Autograph Collection | 31 Aug |
| AED 7.05M | 5+ BR Villa · 3,817 sqftLongview | 27 Jul |
| AED 6.90M | 5+ BR Villa · 3,817 sqftLongview | 10 Aug |
Questions about Damac Hills
What is the average price per sqft in Damac Hills?
The median sale price in Damac Hills over the last three months was AED 1,745 per sqft (median sale AED 1.23M), based on 233 sales registered with Dubai Land Department.
Are property prices in Damac Hills going up?
Like-for-like prices per sqft are up 7.6% on a year earlier and down 1.8% on the previous three months.
How many properties were sold in Damac Hills in the last year?
1,353 sales worth AED 3.02B were registered in the last 12 months: 52% developer off-plan, 4% off-plan resales and 45% secondary (ready) sales.
What is the average rent in Damac Hills?
The median annual rent on leases registered in the last three months was AED 68K, and the best gross rental yield is about 7.8%.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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