DAMAC Hills Market Report: October 2026

Residential sales transactions in DAMAC Hills totalled 141 in October 2026, worth AED 263 million. Sales rose 9.3% month-on-month. Off-plan sales accounted for 61% of the total and owner resales 36%.

The median apartment price in DAMAC Hills was AED 1,685 per sq ft in October 2026, across 123 sales; it declined 3.9% month-on-month, and was 1% above the Dubai median. The median villa and townhouse price was AED 4.7 million, across 18 sales; it remained stable month-on-month.

The monthly median apartment price in DAMAC Hills rose 12.3% between January 2026 and October 2026.

In DAMAC Hills in October 2026, median prices were AED 1.2 million for a 1-bedroom apartment (75 sales); AED 705,250 for a studio apartment (28 sales).

The median rental rate on new apartment lease registrations (Ejari) in DAMAC Hills was AED 98 per sq ft a year in October 2026, across 297 registrations. New villa and townhouse lease registrations had a median rental rate of AED 230,000 a year, across 50 registrations. 347 new leases and 243 renewals were registered with Ejari.

The gross rental yield on ready apartments in DAMAC Hills was 7.7% in October 2026, comparing median new rents with median ready sale prices per sq ft. For villas and townhouses it was 4.9%, comparing median new rents with median ready sale prices.

The UAE dirham is pegged to the US dollar at AED 3.6725. At that rate, in DAMAC Hills in October 2026, the median apartment price of AED 1,685 per sq ft is approximately $459 per sq ft; the median villa and townhouse price of AED 4.7 million is approximately $1.28 million; the median new apartment rental rate of AED 98 per sq ft a year is approximately $27.

2 prime sales (AED 10 million and above) were recorded in DAMAC Hills in October 2026, worth AED 37.9 million and accounting for 1.4% of sales. Villas and townhouses accounted for 2 of them and off-plan sales for 0.

The median apartment price in DAMAC Hills was 1% above the Dubai median in October 2026, at AED 1,685 per sq ft compared with AED 1,661.

Damac District by DAMAC recorded the most sales of any building in DAMAC Hills in October 2026, with 73 sales worth AED 88.9 million.

DAMAC recorded the most off-plan sales in DAMAC Hills in October 2026, with 86 sales worth AED 114 million, accounting for 100% of off-plan sales.

Median price

The middle sale price once all sales are ranked: half of sales were above it and half below. Used instead of the average so a few very large sales don't distort the figure.

Price per sq ft

Sale price divided by the registered area in square feet, then the median across sales. Reported for apartments; villa records often carry the plot size, so villas are reported per home.

Off-plan and ready

Off-plan sales are homes sold before completion; ready sales are completed homes, including owner resales and developers' completed stock.

Sub-community and building

Where DLD records a home: a sub-community for villas and townhouses (for example Raya in Arabian Ranches 3), a building for apartments, or the project name for off-plan homes.

Ejari

Dubai's official lease registration system. Rents here are new Ejari leases registered in the period; renewals are counted separately.

Gross rental yield

Median new annual rent divided by the median ready sale price, before costs. Shown only between 3% and 12%; outside that range the pairing reflects data errors rather than a yield.

DLD area and community

The Dubai Land Department records sales and leases by official area, which can differ from the name people use. Each report names the DLD areas it covers.

⚠ Small sample

A figure based on fewer than 30 sales or leases. It is shown, but can move a lot from period to period.