Market bulletin · Thu, 22 Oct 2026
Amargo: 1 sales worth AED 1.25M in 30 days
Amargo recorded 1 sale worth AED 1.25M in the 30 days to Thu, 22 Oct 2026, down 50.0% on the previous 30 days. Over the last week 0 sales were registered (AED 0), against 0 the week before.
The median sale over the last three months was AED 1.29M, or AED 772/sqft.
By market over 12 months: secondary (ready) sales 100%.
In Damac Hills 2, Amargo ranked #11 of 11 leading projects by 12-month sales value; it is developed by Damac Properties.
Leases registered in the last three months had a median annual rent of AED 80K. The best gross yield is on 3 BR villas & townhouses at about 5.9%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | — |
| Aug 25 | AED 778 |
| Jul 25 | — |
| Jun 25 | AED 775 |
| May 25 | — |
| Apr 25 | AED 733 |
| Mar 25 | AED 707 |
| Feb 25 | AED 736 |
| Jan 25 | AED 635 |
| Dec 24 | AED 665 |
| Nov 24 | AED 627 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 1 |
| Sept 26 | 0 | 0 | 2 |
| Aug 26 | 0 | 0 | 4 |
| Jul 26 | 0 | 0 | 1 |
| Jun 26 | 0 | 0 | 3 |
| May 26 | 0 | 0 | 1 |
| Apr 26 | 0 | 0 | 2 |
| Mar 26 | 0 | 0 | 2 |
| Feb 26 | 0 | 0 | 1 |
| Jan 26 | 0 | 0 | 2 |
| Dec 25 | 0 | 0 | 0 |
| Nov 25 | 0 | 0 | 3 |
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 | 1 | down 50.0% | AED 1.25M | — | — |
| Last 3 months | 7 | up 40.0% | AED 8.43M | 772 | down 4.5% |
| Last 6 months | 12 | up 20.0% | AED 16.3M | 781 | down 6.8% |
| Last 12 months | 22 | down 71.8% | AED 31.5M | 802 | up 10.3% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Secondary (ready) | 22 | 100% | AED 1.39M | 802 | up 10.3% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| 3 bedrooms | 20 | 91% | AED 1.36M | 814 | up 8.8% |
| 5+ bedrooms | 2 | 9% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 20 | 91% | AED 1.36M | 796 | up 10.9% |
| AED 2M–10M | 2 | 9% | — | — | — |
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 | — |
| Sept 26 | AED 79K |
| Aug 26 | AED 80K |
| Jul 26 | AED 83K |
| Jun 26 | AED 84K |
| May 26 | AED 85K |
| Apr 26 | AED 85K |
| Mar 26 | AED 78K |
| Feb 26 | AED 85K |
| Jan 26 | AED 84K |
| Dec 25 | AED 75K |
| Nov 25 | AED 80K |
| Oct 25 | AED 86K |
| Sept 25 | AED 85K |
| Aug 25 | AED 80K |
| Jul 25 | AED 80K |
| Jun 25 | AED 80K |
| May 25 | AED 80K |
| Apr 25 | AED 80K |
| Mar 25 | AED 80K |
| Feb 25 | AED 78K |
| Jan 25 | AED 75K |
| Dec 24 | AED 68K |
| Nov 24 | AED 75K |
- Leases (12M)
- 264
- New leases
- 50%
- Median rent 3M
- AED 80K
- Rent/sqft 3M
- AED 48
| 3 BR villas & townhouses | AED 80K / AED 1.36M | 5.9% |
|---|
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| 3 BR | 178 | AED 80K | AED 80K | 48 |
| 5+ BR | 19 | AED 110K | AED 110K | 49 |
Competing projects in Damac Hills 2
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Camelia at Damac Hills 2Damac Properties | 55 | 828 | down 1.7% |
| PacificaDamac Properties | 44 | 754 | — |
| JanusiaDamac Properties | 41 | 1,100 | — |
| Violet 4Damac Properties | 34 | 945 | — |
| Akoya Selfie - HawthornDamac Properties | 71 | 445 | down 8.4% |
| VardonDamac Properties | 48 | 772 | — |
| AsterDamac Properties | 27 | 1,006 | — |
| Damac Hills 2Damac Properties | 76 | 404 | — |
| ZinniaDamac Properties | 29 | 973 | — |
| SanctnaryDamac Properties | 30 | 886 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 1.43M | 3 BR Villa · 1,697 sqftAmargo · Damac Hills 2 | 3 Aug |
| AED 1.35M | 3 BR Villa · 1,697 sqftAmargo · Damac Hills 2 | 14 Aug |
| AED 1.31M | 3 BR Villa · 1,671 sqftAmargo · Damac Hills 2 | 17 Aug |
| AED 1.29M | 3 BR Villa · 1,671 sqftAmargo · Damac Hills 2 | 4 Sept |
| AED 1.25M | 3 BR Villa · 1,671 sqftAmargo · Damac Hills 2 | 7 Oct |
| AED 1.20M | 3 BR Villa · 1,671 sqftAmargo · Damac Hills 2 | 6 Aug |
Questions about Amargo
What is the average price per sqft in Amargo?
The median sale price in Amargo over the last three months was AED 772 per sqft (median sale AED 1.29M), based on 7 sales registered with Dubai Land Department.
How many properties were sold in Amargo in the last year?
22 sales worth AED 31.5M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.
What is the average rent in Amargo?
The median annual rent on leases registered in the last three months was AED 80K, and the best gross rental yield is about 5.9%.
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.
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