DAMAC Hills Prices
Real completed transactions from the Dubai Land Department registry
Top Buildings
Nearby Communities
Registered rents
Median registered annual rent in DAMAC Hills by bedroom, from Ejari rent contracts registered with the Dubai Land Department in the last 12 months: what tenants actually signed for, not asking rents. Gross yield is that median against the median registered sale price of the same bedroom count over the same months.
Apartments: median AED 55,000 a year across 3,079 registered contracts.
41% of these contracts are renewals; 95% run the standard 12 months.
Villas: median AED 210,000 a year across 1,169 registered contracts.
35% of these contracts are renewals; 91% run the standard 12 months.
Rent or buy? The arithmetic
For studio apartments: the median registered sale price is AED 570,000, which is 13.0 years of the median registered rent (AED 44,000 a year). Buying needs about AED 136,800 in cash up front (a 20% deposit plus the 4% DLD transfer fee), which is 3.1 years of that rent.
Medians of different homes, not one flat priced both ways. Leaves out mortgage interest, service charges, agency fees and price changes. Run your own numbers →
Registered = DLD/Ejari rent contracts (single-property, ≤ AED 2M a year); a figure needs at least 20 contracts, and a yield at least 20 registered sales too. Gross = before service charges, fees and vacancy. How we read rents →
Stations and malls around homes in DAMAC Hills
The nearest open Metro station (and Tram stop, where one is close), shopping mall and landmark, under their current names, measured on the map as a straight line; the route on foot or by road is longer. The parking share is the Dubai Land Department's own record.
Locations © OpenStreetMap contributors; names as the RTA and each venue use them today. How we measure these →
Off-plan vs ready
Median off-plan launch price vs ready resale price in DAMAC Hills, per bedroom - two different kinds of registered price, kept entirely separate from the sale-price stats above.
- Studio: launch AED 1,859/sqft vs resale AED 1,314/sqft (+41%)
- 1 bed: launch AED 1,719/sqft vs resale AED 1,298/sqft (+32%)
- 2 bed: launch AED 1,599/sqft vs resale AED 1,284/sqft (+25%)