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Damac Hills 2

Dubai property market · 12 month snapshot

Median priceAED1.70M1,138 sales
Average per sqftAED1,090-0.4% over 12 months, ready homes
Sales recorded1,138over twelve months
Total valueAED1.9Bevery sale added together

How prices have moved

Oct 26 median · latest full monthAED2,000,000110 sales that month
12-month medianAED1.70Mall 1,138 sales
AED 1.50MAED 1.67MAED 1.83MAED 2.00M12-month medianDec 25Oct 26
11 complete months · each month moves with the mix of homes sold; the 12-month median counts every salePrice per sq ft -0.4% over 12 months

For ready homes, over 12 months the median sale price moved +2.4% but price per sq ft moved -0.4%. More large homes sold, lifting the median; per sq ft is the truer measure.Ready homes: median +2.4%, per sq ft -0.4%. More large homes sold; per sq ft is the truer measure.

How the 12-month comparison is measured

median sale price, last 6 months against the first 6 of the period (2025-11 onward), ready homes only.

By bedroom count

What each size sells for

Recorded sales · median price

Studio2117%AED 450K
1 B/R5545%AED 660K
2 B/R4537%AED 1.25M
Rents and yields

What it rents for

Ejari leases · twelve months to 10 Nov 2026

HomeTypical new leaseMiddle half of leasesLeasesGross yield
StudioAED 38K / yrAED 33K – 40K212too few ready sales
1-bed apartmentAED 50K / yrAED 42K – 55K2327.6%
2-bed apartmentAED 63K / yrAED 58K – 70K34too few ready sales
ApartmentsAED 42K / yrAED 37K – 50K4797.4%
2-bed villaAED 90K / yrAED 81K – 100K106too few ready sales
3-bed villaAED 95K / yrAED 80K – 105K4,167too few ready sales
4-bed villaAED 110K / yrAED 100K – 125K553too few ready sales
5-bed villaAED 140K / yrAED 125K – 150K135too few ready sales
Villas and townhousesAED 100K / yrAED 83K – 110K5,0605.7%

Typical new lease is the middle rent on new contracts; renewals are left out where there are enough new leases, because the RERA cap holds them below the market. Run the numbers for a specific home.

Off-plan and ready

ReadyAED1.72M
Sales
1,080
Per sqft
AED 1,080
Off-planAED1.03M
Sales
58
Per sqft
AED 1,266

Off-plan is trading 17% above ready stock per square foot here.

Market activity

Over time

Sales · median price · price per sq ft

PeriodSalesMedian priceChange per sqft, ready homes
Last 30 days119AED 2,000,000—
Last 3 months282AED 1,800,000—
Last 6 months507AED 1,720,000+2.8%
Last 12 months1,138AED 1,700,000-0.4%
Last 2 years3,929AED 1,869,000+3.5%
Last 3 years7,865AED 1,785,600+10.2%

A change compares two halves of at least six months, so the last 30 days and 3 months show none.

Where the sales were

  • DAMAC HILLS (2) - MULBERRY70 sales
  • DAMAC HILLS (2) - CAMELIA69 sales
  • DAMAC HILLS (2) - VIOLET 457 sales
  • DAMAC HILLS (2) - VARDON54 sales
  • DAMAC HILLS (2) - PACIFICA47 sales

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How these figures are produced

Recorded sales only, from the Dubai Land Department transaction register, covering 6 Nov 2025 to 6 Nov 2026. Mortgage and gift registrations are excluded because their recorded value is a loan or a nominal amount rather than a market price, and partial-ownership transfers are excluded so figures reflect genuine market sales. Medians are used for prices and averages for rates per square foot. Rents are registered Ejari lease contracts for homes, counted by the month the lease starts. Published records may lag the market.

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