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Project · #640 by 12M value

Park Residences Villas 1

Damac Hills · Damac Properties

Median price per sqft · last 3 months

— /sqft

3M like-for-like
—
vs 1 year ago
—
Sales 30D
1

Market bulletin · Thu, 22 Oct 2026

Park Residences Villas 1: 1 sales worth AED 3.83M in 30 days

Park Residences Villas 1 recorded 1 sale worth AED 3.83M in the 30 days to Thu, 22 Oct 2026, down 50.0% on the previous 30 days. Over the last week 1 sale was registered (AED 3.83M), against 0 the week before.

By market over 12 months: secondary (ready) sales 100%.

In Damac Hills, Park Residences Villas 1 ranked #9 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 180K. 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
Median AED/sqft
DateAED/sqft
Oct 26—
Sept 26—
Aug 26—
Jul 26—
Jun 26—
May 26—
Apr 26—
Mar 26AED 2,136
Feb 26—
Jan 26AED 1,430
Dec 25—
Nov 25AED 1,700
Oct 25AED 1,791
Sept 25AED 1,061
Aug 25AED 1,448
Jul 25AED 1,524
Jun 25AED 1,617
May 25AED 1,786
Apr 25AED 1,569
Mar 25AED 1,232
Feb 25AED 1,431
Jan 25AED 1,288
Dec 24AED 1,269
Nov 24AED 1,350

Sales per month

Registered sales by market

View data table
Sales per month
DateOff-plan (developer)Off-plan resaleSecondary (ready)
Oct 26001
Sept 26001
Aug 26001
Jul 26001
Jun 26000
May 26002
Apr 26001
Mar 26005
Feb 26004
Jan 26005
Dec 25002
Nov 25006

Period comparison

This market against its own past: each window vs the one before it and vs the same window a year earlier.

Period comparison
WindowSalesvs priorValueAED/sqftvs prior
Last 1 month1down 50.0%AED 3.83M——
Last 3 months3down 25.0%AED 9.85M——
Last 6 months7down 72.0%AED 24.9M1,772up 7.9%
Last 12 months32down 75.0%AED 113M1,727up 24.8%

Raw medians — the headline change above is like-for-like (same market, type and bedrooms).

Off-plan, resale and secondary (12M)
MarketSalesShareMedian priceAED/sqft1Y
Secondary (ready)32100%AED 3.33M1,727up 24.8%
By bedrooms (12M)
BedroomsSalesShareMedian priceAED/sqft1Y
3 bedrooms1444%AED 2.90M1,478up 12.5%
4 bedrooms1856%AED 3.92M1,847up 19.2%
By price band (12M)
PriceSalesShareMedian priceAED/sqft1Y
AED 2M–10M32100%AED 3.33M1,727up 17.7%

Rents & yields

Leases registered with Ejari / DLD.

Median annual rent

Monthly median of registered leases (new and renewed)

View data table
Median annual rent
DateAnnual rent
Oct 26—
Sept 26AED 191K
Aug 26AED 175K
Jul 26AED 170K
Jun 26AED 193K
May 26AED 213K
Apr 26—
Mar 26—
Feb 26—
Jan 26—
Dec 25AED 195K
Nov 25—
Oct 25—
Sept 25AED 190K
Aug 25AED 178K
Jul 25AED 189K
Jun 25AED 200K
May 25AED 200K
Apr 25AED 185K
Mar 25AED 219K
Feb 25AED 224K
Jan 25—
Dec 24—
Nov 24—
Leases (12M)
138
New leases
71.7%
Median rent 3M
AED 180K
Rent/sqft 3M
AED 95
Gross yield
3 BR villas & townhousesAED 170K / AED 2.90M5.9%
4 BR villas & townhousesAED 212K / AED 3.92M5.4%
Rent by bedrooms (12M)
BedroomsLeasesMedian rentNew leasesAED/sqft/yr
3 BR52AED 170KAED 168K94
4 BR46AED 212KAED 205K102

Competing projects in Damac Hills

Compare

Other projects trading in the same community

Peers
NameSales 12MAED/sqft3M
Damac District Tower ADamac Properties3111,735down 7.1%
Damac District Tower BDamac Properties1881,808down 2.6%
BelAir at the Trump EstatesDamac Properties271,698—
Golf Greens 2 Tower BDamac Properties1051,655—
Damac Hills - Autograph CollectionDamac Properties95,522—
Ivory at Damac HillsDamac Properties501,445—
Cavаlli Estates VillasDamac Properties71,757—
Silver Springs 3Damac Properties271,531—
Silver SpringsDamac Properties121,785—
Damac Villas by Paramount (Piccadilly Green)Damac Properties91,835—

Biggest sales, last 3 months

Biggest sales in Park Residences Villas 1
PricePropertyDate
AED 3.83M4 BR Villa · 2,055 sqftPark Residences Villas 1 · Damac Hills19 Oct
AED 3.15M4 BR Villa · 1,843 sqftPark Residences Villas 1 · Damac Hills14 Sept
AED 2.86M3 BR Villa · 1,776 sqftPark Residences Villas 1 · Damac Hills26 Aug

Questions about Park Residences Villas 1

How many properties were sold in Park Residences Villas 1 in the last year?

32 sales worth AED 113M 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 Park Residences Villas 1?

The median annual rent on leases registered in the last three months was AED 180K, 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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