Community · #59 by 12M value
Damac Hills 2
Market bulletin · Thu, 22 Oct 2026
Damac Hills 2: median AED 864/sqft, flat over three months on 174 sales
Damac Hills 2 recorded 85 sales worth AED 150M in the 30 days to Thu, 22 Oct 2026, up 142.9% on the previous 30 days. Over the last week 23 sales were registered (AED 48.8M), against 7 the week before.
The median sale over the last three months was AED 1.72M, or AED 864/sqft — like-for-like prices per sqft flat on the previous three months and up 12.9% on a year earlier. Monthly medians over the past year ranged from AED 819/sqft to AED 914/sqft.
By market over 12 months: developer off-plan sales 5.8%, off-plan resales 10.7%, secondary (ready) sales 83.5%. Off-plan resales traded at a median 11.3% discount to developer prices per sqft.
Camelia at Damac Hills 2 was the most active project by value over 12 months (55 sales, AED 101M), and Damac Properties the leading developer with 100% of value.
Leases registered in the last three months had a median annual rent of AED 90K; like-for-like rent per sqft is up 1.7% on the previous three months. The best gross yield is on Studio apartments at about 7.9%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | AED 910 |
| Sept 26 | AED 848 |
| Aug 26 | AED 819 |
| Jul 26 | AED 821 |
| Jun 26 | AED 869 |
| May 26 | AED 888 |
| Apr 26 | AED 845 |
| Mar 26 | AED 892 |
| Feb 26 | AED 914 |
| Jan 26 | AED 858 |
| Dec 25 | AED 850 |
| Nov 25 | AED 820 |
| Oct 25 | AED 823 |
| Sept 25 | AED 780 |
| Aug 25 | AED 810 |
| Jul 25 | AED 853 |
| Jun 25 | AED 853 |
| May 25 | AED 853 |
| Apr 25 | AED 801 |
| Mar 25 | AED 749 |
| Feb 25 | AED 851 |
| Jan 25 | AED 853 |
| Dec 24 | AED 824 |
| Nov 24 | AED 757 |
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 977 | — | AED 853 |
| Sept 26 | — | — | AED 850 |
| Aug 26 | — | — | AED 804 |
| Jul 26 | — | — | AED 809 |
| Jun 26 | — | — | AED 825 |
| May 26 | — | — | AED 900 |
| Apr 26 | — | — | AED 845 |
| Mar 26 | — | — | AED 884 |
| Feb 26 | — | AED 819 | AED 921 |
| Jan 26 | — | AED 828 | AED 845 |
| Dec 25 | AED 496 | AED 868 | AED 845 |
| Nov 25 | AED 850 | AED 879 | AED 791 |
| Oct 25 | AED 986 | AED 905 | AED 790 |
| Sept 25 | AED 886 | AED 914 | AED 746 |
| Aug 25 | AED 855 | AED 902 | AED 755 |
| Jul 25 | AED 853 | AED 1,155 | AED 813 |
| Jun 25 | AED 853 | — | AED 815 |
| May 25 | AED 853 | — | AED 848 |
| Apr 25 | AED 890 | — | AED 719 |
| Mar 25 | AED 941 | — | AED 719 |
| Feb 25 | AED 869 | AED 841 | AED 719 |
| Jan 25 | AED 859 | AED 854 | AED 762 |
| Dec 24 | AED 860 | AED 831 | AED 678 |
| Nov 24 | AED 1,181 | — | AED 722 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 13 | 8 | 39 |
| Sept 26 | 1 | 5 | 46 |
| Aug 26 | 0 | 7 | 43 |
| Jul 26 | 2 | 8 | 63 |
| Jun 26 | 5 | 7 | 43 |
| May 26 | 0 | 6 | 50 |
| Apr 26 | 3 | 7 | 67 |
| Mar 26 | 1 | 3 | 46 |
| Feb 26 | 2 | 10 | 81 |
| Jan 26 | 6 | 13 | 125 |
| Dec 25 | 15 | 24 | 107 |
| Nov 25 | 14 | 14 | 161 |
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 | 85 | up 142.9% | AED 150M | 874 | down 1.4% |
| Last 3 months | 174 | down 2.8% | AED 305M | 864 | up 0.8% |
| Last 6 months | 353 | down 51.0% | AED 580M | 857 | up 0.8% |
| Last 12 months | 1,093 | down 74.6% | AED 1.69B | 853 | up 1.9% |
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) | 63 | 6% | AED 1.36M | 986 | up 14.8% |
| Off-plan resale | 117 | 11% | AED 1.84M | 875 | down 5.1% |
| Secondary (ready) | 913 | 84% | AED 1.50M | 841 | up 12.7% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 52 | 5% | AED 470K | 1,117 | up 8.6% |
| 1 bedroom | 55 | 5% | AED 654K | 1,139 | down 3.7% |
| 2 bedrooms | 54 | 5% | AED 1.31M | 1,117 | down 4.4% |
| 3 bedrooms | 694 | 64% | AED 1.50M | 814 | up 11.7% |
| 4 bedrooms | 186 | 17% | AED 2.00M | 850 | down 0.4% |
| 5+ bedrooms | 49 | 4% | AED 3.40M | 1,063 | up 22.2% |
| Type | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Apartments | 110 | 10% | AED 662K | 1,170 | down 1.1% |
| Villas | 946 | 87% | AED 1.66M | 830 | up 0.2% |
| Hotel apartments | 34 | 3% | AED 498K | 1,124 | up 8.9% |
| Plots | 3 | 0% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 856 | 78% | AED 1.35M | 808 | up 2.5% |
| AED 2M–10M | 237 | 22% | AED 2.20M | 1,033 | up 10.8% |
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 90K |
| Sept 26 | AED 89K |
| Aug 26 | AED 90K |
| Jul 26 | AED 90K |
| Jun 26 | AED 90K |
| May 26 | AED 88K |
| Apr 26 | AED 90K |
| Mar 26 | AED 90K |
| Feb 26 | AED 92K |
| Jan 26 | AED 90K |
| Dec 25 | AED 90K |
| Nov 25 | AED 85K |
| Oct 25 | AED 90K |
| Sept 25 | AED 88K |
| Aug 25 | AED 90K |
| Jul 25 | AED 87K |
| Jun 25 | AED 89K |
| May 25 | AED 85K |
| Apr 25 | AED 85K |
| Mar 25 | AED 85K |
| Feb 25 | AED 85K |
| Jan 25 | AED 83K |
| Dec 24 | AED 84K |
| Nov 24 | AED 81K |
- Leases (12M)
- 6,683
- New leases
- 55.8%
- Median rent 3M
- AED 90K
- Rent/sqft 3M
- AED 50
| Studio apartments | AED 37K / AED 470K | 7.9% |
|---|---|---|
| 1 BR apartments | AED 47K / AED 660K | 7.1% |
| 2 BR apartments | AED 65K / AED 960K | 6.8% |
| 2 BR villas & townhouses | AED 90K / AED 1.50M | 6.0% |
| 3 BR villas & townhouses | AED 90K / AED 1.50M | 6.0% |
| 4 BR villas & townhouses | AED 106K / AED 1.96M | 5.4% |
| 5+ BR villas & townhouses | AED 152K / AED 3.38M | 4.5% |
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| Studio | 330 | AED 37K | AED 38K | 87 |
| 1 BR | 221 | AED 47K | AED 50K | 91 |
| 2 BR | 127 | AED 84K | AED 85K | 50 |
| 3 BR | 3,737 | AED 90K | AED 95K | 50 |
| 4 BR | 447 | AED 106K | AED 110K | 48 |
| 5+ BR | 204 | AED 152K | AED 155K | 57 |
Top projects
By sales value, last 12 months
| Project | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Camelia at Damac Hills 2Damac Hills 2 | 55 | 828 | down 1.7% |
| PacificaDamac Hills 2 | 44 | 754 | — |
| JanusiaDamac Hills 2 | 41 | 1,100 | — |
| Violet 4Damac Hills 2 | 34 | 945 | — |
| Akoya Selfie - HawthornDamac Hills 2 | 71 | 445 | down 8.4% |
| VardonDamac Hills 2 | 48 | 772 | — |
| AsterDamac Hills 2 | 27 | — | — |
| Damac Hills 2Damac Hills 2 | 76 | — | — |
| ZinniaDamac Hills 2 | 29 | 973 | — |
| SanctnaryDamac Hills 2 | 30 | 886 | — |
| MulberryDamac Hills 2 | 54 | 741 | — |
| JuniperDamac Hills 2 | 24 | 992 | — |
| CentauryDamac Hills 2 | 27 | — | — |
| PrimroseDamac Hills 2 | 20 | — | — |
| AquilegiaDamac Hills 2 | 26 | — | — |
Developers in Damac Hills 2
Their sales here only, last 12 months
| Developer | Sales 12M | AED/sqft | Share |
|---|---|---|---|
| Damac Properties | 1,093 | 853 | 100% |
Similarly priced communities
CompareCommunities with the closest 12-month median AED/sqft
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Dubai Investment Park First | 1,261 | 787 | down 7.3% |
| Green Community Motor City | 107 | 1,310 | — |
| Al Quoz Fourth | 96 | 972 | — |
| Remraam | 213 | 949 | up 6.1% |
| Discovery Gardens | 757 | 898 | down 2.6% |
| International City | 1,444 | 740 | up 2.2% |
| Dubai Industrial City First | 84 | 998 | — |
| Al Qusais Industrial Second | 73 | 600 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 6.00M | 4 BR Villa · 2,524 sqftPark Greens 3 | 27 Jul |
| AED 4.80M | 5+ BR Villa · 4,046 sqftJanusia | 4 Sept |
| AED 4.70M | 5+ BR Villa · 4,056 sqftPrimrose | 6 Aug |
| AED 4.45M | 5+ BR Villa · 4,067 sqftAster | 17 Sept |
| AED 4.40M | 5+ BR Villa · 4,067 sqftAster | 21 Oct |
| AED 4.20M | 5+ BR Villa · 3,026 sqftVardon | 12 Aug |
Questions about Damac Hills 2
What is the average price per sqft in Damac Hills 2?
The median sale price in Damac Hills 2 over the last three months was AED 864 per sqft (median sale AED 1.72M), based on 174 sales registered with Dubai Land Department.
Are property prices in Damac Hills 2 going up?
Like-for-like prices per sqft are up 12.9% on a year earlier and up 0.0% on the previous three months.
How many properties were sold in Damac Hills 2 in the last year?
1,093 sales worth AED 1.69B were registered in the last 12 months: 6% developer off-plan, 11% off-plan resales and 84% secondary (ready) sales.
What is the average rent in Damac Hills 2?
The median annual rent on leases registered in the last three months was AED 90K, and the best gross rental yield is about 7.9%.
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.
BT AI Market Desk
Get every brief in your inbox
Create a free BT AI account to receive the daily, weekly and monthly reports by email, and search every Dubai Land Department sale and rental behind them.