AED 1,599,000Vacant on transfer
DAMAC Hills Market Report: Q3 2026
In Q3 2026, the median apartment price in DAMAC Hills was AED 1,790 per sq ft, across 468 residential sales transactions worth AED 710 million, according to Richmond Properties' analysis of Dubai Land Department data.
Key statistics
Q3 2026, compared with Q2 2026
- 468
- Residential sales transactions +99.1%
- AED710 million
- Sales value +35.7%
- AED1,790
- Apartments, median price per sq ft +16.1%
- AED4.8 million
- Villas and townhouses, median price −4.0%
- 71%
- Off-plan share of sales 333 off-plan sales
- 957
- New lease registrations (Ejari) +61.4%
- AED99
- Apartment rent per sq ft, a year Broadly unchanged
- 7.7%
- Gross rental yield, apartments +0.2 pts
Apartments, median price per sq ft
Villas and townhouses, median price
Lighter bars: fewer than 30 sales
Apartment rent, median per sq ft a year
Villa and townhouse rent, median a year
Lighter bars: fewer than 30 leases
Apartment sales
Off-planReadyTotal sales
Villa and townhouse sales
Off-planReadyTotal sales
Apartment lease registrations
NewRenewedTotal lease registrations
Villa and townhouse lease registrations
NewRenewedTotal lease registrations
Homes in DAMAC Hills
AED 190,000 / yearOff-plan
Prime Family Home | 3bed-Corner Unit Villa | Landscaped Garden
Rockwood, DAMAC Hills
- 3 beds
- 5 baths
- 2,063 sq ft
AED 115,000 / year
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FAQ
How many residential sales transactions were recorded in DAMAC Hills in Q3 2026?
Residential sales transactions in DAMAC Hills totalled 468 in Q3 2026, worth AED 710 million. Sales rose 99.1% quarter-on-quarter. Off-plan sales accounted for 71% of the total and owner resales 28%.
What is the price per sq ft in DAMAC Hills?
The median apartment price in DAMAC Hills was AED 1,790 per sq ft in Q3 2026, across 427 sales; it rose 16.1% quarter-on-quarter, and was 6% above the Dubai median. The median villa and townhouse price was AED 4.8 million, across 39 sales; it declined 4.0% quarter-on-quarter.
Are property prices in DAMAC Hills going up or down?
The median apartment price in DAMAC Hills rose 17.2% between Q1 2026 and Q3 2026, from AED 1,528 to AED 1,790 per sq ft.
| Quarter | Sales | Value | Apartments, per sq ft | Villas, median | New lease registrations | Apartment rent, per sq ft | Gross yield |
|---|---|---|---|---|---|---|---|
| Q1 2026 | 306 | AED 610 million | AED 1,528 | AED 4.8 million | 660 | AED 115 | 8.3% |
| Q2 2026 | 235 | AED 523 million | AED 1,542 | AED 5.0 million | 593 | AED 99 | 7.5% |
| Q3 2026 | 468 | AED 710 million | AED 1,790 | AED 4.8 million | 957 | AED 99 | 7.7% |
How much does a home in DAMAC Hills cost by number of bedrooms?
In DAMAC Hills in Q3 2026, median prices were AED 1.2 million for a 1-bedroom apartment (232 sales); AED 785,000 for a studio apartment (135 sales).
| Bedrooms | Sales | Median price | Per sq ft |
|---|---|---|---|
| Studio | 135 | AED 785,000 | AED 1,833 |
| 1-bed | 232 | AED 1.2 million | AED 1,798 |
| 2-bed | 56 | AED 2.0 million | AED 1,538 |
| ⚠3-bed | 6 | AED 2.9 million | AED 1,172 |
| Bedrooms | Sales | Median price | New lease registrations | Median rent, a year | Gross yield |
|---|---|---|---|---|---|
| 3-bed | 0 | – | 85 | AED 190,000 | – |
| 4-bed | 0 | – | 44 | AED 210,000 | – |
| 5-bed | 0 | – | 35 | AED 369,000 | – |
| ⚠6-bed | 0 | – | 5 | AED 600,000 | – |
What is the average rent in DAMAC Hills?
The median rental rate on new apartment lease registrations (Ejari) in DAMAC Hills was AED 99 per sq ft a year in Q3 2026, across 788 registrations. New villa and townhouse lease registrations had a median rental rate of AED 220,000 a year, across 169 registrations. 957 new leases and 652 renewals were registered with Ejari.
What is the rental yield in DAMAC Hills?
The gross rental yield on ready apartments in DAMAC Hills was 7.7% in Q3 2026, comparing median new rents with median ready sale prices per sq ft. For villas and townhouses it was 4.6%, comparing median new rents with median ready sale prices.
How much does property in DAMAC Hills cost in US dollars?
The UAE dirham is pegged to the US dollar at AED 3.6725. At that rate, in DAMAC Hills in Q3 2026, the median apartment price of AED 1,790 per sq ft is approximately $488 per sq ft; the median villa and townhouse price of AED 4.8 million is approximately $1.29 million; the median new apartment rental rate of AED 99 per sq ft a year is approximately $27.
How many prime sales were recorded in DAMAC Hills?
2 prime sales (AED 10 million and above) were recorded in DAMAC Hills in Q3 2026, worth AED 28.2 million and accounting for 0.4% of sales. Villas and townhouses accounted for 2 of them and off-plan sales for 0.
How does DAMAC Hills compare with Dubai?
The median apartment price in DAMAC Hills was 6% above the Dubai median in Q3 2026, at AED 1,790 per sq ft compared with AED 1,692.
| Measure | DAMAC Hills | Dubai |
|---|---|---|
| Apartments, median per sq ft | AED 1,790 | AED 1,692 |
| Villas and townhouses, median | AED 4.8 million | AED 3.7 million |
| New apartment rent, per sq ft a year | AED 99 | AED 94 |
| Gross yield, apartments | 7.7% | 6.8% |
| Villa rent, median a year | AED 220,000 | AED 180,000 |
| Gross yield, villas | 4.6% | 4.4% |
| Off-plan share of sales | 71% | 69% |
Which buildings in DAMAC Hills recorded the most sales?
Damac District by DAMAC recorded the most sales of any building in DAMAC Hills in Q3 2026, with 298 sales worth AED 340 million.
| Building or sub-community | Developer | Sales | Value | Off-plan | Apartments, per sq ft |
|---|---|---|---|---|---|
| Damac DistrictDamac Hills | DAMAC | 298 | AED 340 million | 100% | AED 1,824 |
| ⚠CarsonDAMAC HILLS | DAMAC | 29 | AED 19.4 million | 0% | AED 1,357 |
| ⚠Golf Greens 2DAMAC HILLS | DAMAC | 15 | AED 29.7 million | 100% | AED 1,727 |
| ⚠Golf PromenadeDAMAC HILLS | DAMAC | 12 | AED 17.1 million | 0% | AED 1,192 |
| ⚠Golf Gate 2DAMAC HILLS | DAMAC | 12 | AED 14.7 million | 100% | AED 1,466 |
| ⚠LoretoDAMAC HILLS | DAMAC | 9 | AED 14.4 million | 0% | AED 1,185 |
| ⚠Golf Greens 1DAMAC HILLS | DAMAC | 8 | AED 17.2 million | 100% | AED 1,622 |
| ⚠Golf GateDAMAC HILLS | DAMAC | 8 | AED 9.4 million | 0% | AED 1,467 |
| ⚠Golf VitaDAMAC HILLS | DAMAC | 8 | AED 3.5 million | 0% | AED 1,288 |
| ⚠ArtesiaDAMAC HILLS | DAMAC | 7 | AED 9.1 million | 0% | AED 1,216 |
Which developers recorded the most off-plan sales in DAMAC Hills?
DAMAC recorded the most off-plan sales in DAMAC Hills in Q3 2026, with 333 sales worth AED 401 million, accounting for 100% of off-plan sales.
| Developer | Off-plan sales | Value | Share of off-plan sales |
|---|---|---|---|
| DAMAC | 333 | AED 401 million | 100% |
What do the figures mean?
- 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.
How should this report be cited?
Richmond Properties (2026). DAMAC Hills Market Report: Q3 2026. Data: Dubai Land Department. Published 2 November 2026. https://richmondproperties.ae/insights/market-reports/damac-hills/2026-q3. Licensed CC BY 4.0.
In copy: “according to Richmond Properties’ analysis of Dubai Land Department data”.
Figures are Dubai Land Department open data for Q3 2026 (July to September), compared with Q2 2026. Sales are counted by transaction date and cover homes only: apartments, hotel apartments, villas and townhouses (including villa plots). Offices, shops, hotel rooms, development land and labour accommodation are excluded. Rents are new Ejari leases; leases are assigned to a community through their building or sub-community where DLD files them under a different district. 2 transactions identified as recording errors are excluded. Figures and text are generated from Dubai Land Department data by Richmond Properties’ reporting system. Data as of 2 November 2026. This report is for general information and is not financial or investment advice.