Dubai Land Department Off-Plan Register

Damac Hills - Artesia Tower B Launch Prices

Off-plan in DAMAC Hills · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

56 developer launch sales registered at Damac Hills - Artesia Tower B between Jul 2014 and Sept 2020: 100% apartments, most commonly studio units, typically around 929 sqft.

Launch sales
56
DLD off-plan registrations, all time
Median launch /sqft
AED 1,472
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 298,6802,496,900
Min – max registered

Bed mix: Studio 34% · 1-bed 29% · 2-bed 27% · 3-bed 11%.

Every figure here is a registered developer launch price from the DLD off-plan register - a different kind of price from a ready-market resale, and kept entirely separate from KhaleejKeys' resale statistics.

Launch price history

Launch Price by Quarter

Median registered launch price per square foot at Damac Hills - Artesia Tower B, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2014 Q323AED 1,570
2014 Q412AED 1,477
2015 Q11AED 1,449
2018 Q41AED 628
2019 Q22AED 1,355
2019 Q34AED 1,352
2019 Q42AED 1,242
2020 Q14AED 1,338
2020 Q26AED 851
2020 Q31AED 848
Two different markets

Launch vs Resale

Damac Hills - Artesia Tower B also has 55 ready-market resales registered with the DLD, the first on 12 August 2021 - 85 months after the first launch registration. A developer launch price and an arm's-length resale are different kinds of price; the gap is context, not a return.

Resales registered
55
25 in the last 2 years
Resale median /sqft
AED 1,197
last 2 years
Resale vs launch
-19%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Damac Hills - Artesia Tower B →

The latest launch sales

Recent Launch Registrations

Apartment · 3 Bed
1,628 sqft · 28 September 2020
AED 1,381,000
AED 848 /sqft
Apartment · 2 Bed
1,350 sqft · 16 June 2020
AED 1,177,110
AED 872 /sqft
Apartment · 2 Bed
1,275 sqft · 15 June 2020
AED 1,085,000
AED 851 /sqft
Apartment · 3 Bed
1,628 sqft · 9 June 2020
AED 1,330,000
AED 817 /sqft
Apartment · 1 Bed
947 sqft · 2 June 2020
AED 806,000
AED 851 /sqft

Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.

Compare projects

Other Off-Plan Projects in DAMAC Hills

Off-plan in DAMAC Hills

Compare this project with every other off-plan launch registered in DAMAC Hills, or see the community's resale market.

All DAMAC Hills projects

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