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Damac Hills area in Dubai - prices, rents and cap rates
Cap rates for projects in Damac Hills area in Dubai
Data as of September 2024| Project | Sale price, AED/sqm | Rent, AED/sqm/ year | Cap rate |
|---|---|---|---|
| Damac Hills - Golf Vita | 15,035 | 1,257 | 8.4% |
| Damac Hills - Golf Terrace | 12,015 | 998 | 8.3% |
| Damac Hills - Artesia | 12,373 | 990 | 8.0% |
| Damac Hills - Golf Panorama | 11,654 | 929 | 8.0% |
| Damac Hills - Carson | 14,186 | 1,081 | 7.6% |
| Damac Hills - Golf Vista | 12,133 | 891 | 7.3% |
| Damac Hills - Loreto | 13,199 | 938 | 7.1% |
| Damac Hills - Golf Horizon | 14,085 | 976 | 6.9% |
| Damac Hills - Golf Promenade | 13,581 | 878 | 6.5% |
| Damac Hills - Orchid | 14,045 | 738 | 5.3% |
| Damac Hills - Jasmine | 14,702 | 611 | 4.2% |
Cap rate (rental yield) in Damac Hills area in Dubai is from 4.2% to 8.4%. The median cap rate in is 7.3%.
The maximum cap rate in Damac Hills is 8.4% at Damac Hills - Golf Vita project. The minimum cap rate in Damac Hills is 4.2% at Damac Hills - Jasmine project.
Sales prices for off-plan (pre registration and delayed sell) properties in Damac Hills
| Rooms | Size, sqm | Sale price, AED/sqm | Sale price, AED |
|---|---|---|---|
| 1 | 63 | 17,903 | 1,134,740 |
| 2 | 120 | 16,247 | 1,951,667 |
Sales prices for completed properties in Damac Hills
| Rooms | Size, sqm | Sale price, AED/sqm | Sale price, AED |
|---|---|---|---|
| Studio | 38 | 14,141 | 543,542 |
| 1 | 65 | 13,076 | 852,397 |
| 2 | 125 | 13,845 | 1,737,500 |
| 3 | 198 | 12,007 | 2,379,400 |
Rents in Damac Hills
| Rooms | Size, sqm | Rent, AED/sqm/ year | Rent, AED |
|---|---|---|---|
| Studio | 41 | 1,057 | 43,153 |
| 1 | 67 | 1,013 | 68,310 |
| 2 | 135 | 931 | 125,657 |
| 3 | 208 | 846 | 176,042 |
Price for off-plan 1 bedroom apartment in Damac Hills is 1,134,740 AED or 17,903 AED/sqm.
Price for off-plan 2 bedroom apartment in Damac Hills is 1,951,667 AED or 16,247 AED/sqm.
Price for completed Studio apartment in Damac Hills is 543,542 AED or 14,141 AED/sqm.
Price for completed 1 bedroom apartment in Damac Hills is 852,397 AED or 13,076 AED/sqm.
Price for completed 2 bedroom apartment in Damac Hills is 1,737,500 AED or 13,845 AED/sqm.
Price for completed 3 bedroom apartment in Damac Hills is 2,379,400 AED or 12,007 AED/sqm.
Rent in Damac Hills is 12,007 AED/sqm/year on average for long term rent of an apartment.
Rent for Studio apartment in Damac Hills is 43,153 AED or 1,057 AED/sqm.
Rent for 1 bedroom apartment in Damac Hills is 68,310 AED or 1,013 AED/sqm.
Rent for 2 bedroom apartment in Damac Hills is 125,657 AED or 931 AED/sqm.
Rent for 3 bedroom apartment in Damac Hills is 176,042 AED or 846 AED/sqm.
Residential property projects in Damac Hills
Share of off-plan projects in sales in Damac Hills is 26%
* - only rent transactions are available
Sales and rents in Damac Hills in November 2024
| Project name | Sale price, AED/sqm | Pre. reg sales | Delayed sales | Sales | Rent, AED/sqm/ year | Rent contracts |
|---|---|---|---|---|---|---|
| Damac Hills - Golf Greens 1 | 18,863 | 12 | ||||
| Damac Hills - Carson | 14,186 | 1 | 19 | 1,081 | 66 | |
| Damac Hills - Golf Vista | 12,133 | 5 | 891 | 4 | ||
| Damac Hills - Artesia | 12,373 | 1 | 6 | 990 | 31 | |
| Damac Hills - Golf Promenade | 13,581 | 3 | 878 | 16 | ||
| Damac Hills - Loreto | 13,199 | 4 | 938 | 9 | ||
| Damac Hills - Golf Panorama | 11,654 | 3 | 929 | 7 | ||
| Damac Hills - Golf Greens 2 | 18,731 | 3 | ||||
| Damac Hills - Golf Gate | 15,261 | 3 | ||||
| Damac Hills - Golf Horizon | 14,085 | 2 | 976 | 7 | ||
| Damac Hills - Golf Vita | 15,035 | 4 | 3 | 1,257 | 20 | |
| Damac Hills - Golf Gate 2 | 18,790 | 2 | ||||
| Damac Hills - Jasmine | 14,702 | 1 | 611 | 2 | ||
| Damac Hills - Golf Terrace | 998 | 10 | ||||
| Damac Hills - Golf Veduta | 919 | 7 | ||||
| Damac Hills - Orchid | 738 | 1 |
About Damac Hills area in Dubai
Damac Hills is a large-scale master-planned community developed by Damac Properties. Here are some key features of Damac Hills:
Location: Damac Hills is located in the Dubailand area of Dubai, offering a tranquil and suburban living environment. It has convenient access to major road networks, providing connectivity to other parts of Dubai.
Variety of Residential Options: Damac Hills offers a wide range of residential properties, including luxury villas, townhouses, and apartments. These properties come in various sizes and architectural styles, catering to different preferences and family sizes.
Golf Course: One of the notable features of Damac Hills is the Trump International Golf Club, an 18-hole championship golf course designed by renowned golfer Tiger Woods. The golf course serves as a focal point of the community and offers a premium recreational experience for golf enthusiasts.
Community Amenities: Damac Hills provides a range of amenities and facilities to cater to residents' needs and preferences. These include parks, landscaped gardens, swimming pools, fitness centers, sports courts, walking trails, and children's play areas. The community aims to create a well-rounded living experience for its residents.
Retail and Dining: Within Damac Hills, there are retail centers and dining options that offer convenience and a variety of shopping and dining experiences for residents.
Gated Community: Damac Hills is a gated community with 24/7 security and a focus on providing a safe and secure living environment for residents.
Community Events: The development often hosts community events and activities, providing opportunities for residents to engage, socialize, and enjoy a sense of community.
It's worth noting that developments in Dubai are subject to updates and expansions, so it's advisable to refer to official sources or contact Damac Properties for the most accurate and up-to-date information about Damac Hills or any other residential developments they offer.
Location: Damac Hills is located in the Dubailand area of Dubai, offering a tranquil and suburban living environment. It has convenient access to major road networks, providing connectivity to other parts of Dubai.
Variety of Residential Options: Damac Hills offers a wide range of residential properties, including luxury villas, townhouses, and apartments. These properties come in various sizes and architectural styles, catering to different preferences and family sizes.
Golf Course: One of the notable features of Damac Hills is the Trump International Golf Club, an 18-hole championship golf course designed by renowned golfer Tiger Woods. The golf course serves as a focal point of the community and offers a premium recreational experience for golf enthusiasts.
Community Amenities: Damac Hills provides a range of amenities and facilities to cater to residents' needs and preferences. These include parks, landscaped gardens, swimming pools, fitness centers, sports courts, walking trails, and children's play areas. The community aims to create a well-rounded living experience for its residents.
Retail and Dining: Within Damac Hills, there are retail centers and dining options that offer convenience and a variety of shopping and dining experiences for residents.
Gated Community: Damac Hills is a gated community with 24/7 security and a focus on providing a safe and secure living environment for residents.
Community Events: The development often hosts community events and activities, providing opportunities for residents to engage, socialize, and enjoy a sense of community.
It's worth noting that developments in Dubai are subject to updates and expansions, so it's advisable to refer to official sources or contact Damac Properties for the most accurate and up-to-date information about Damac Hills or any other residential developments they offer.
Area guide for property buyers in Damac Hills
What areas are cheaper than 'Damac Hills' area in Dubai but provide a similar quality of living?
1. Al Barsha2. Jumeirah Village Circle
3. Discovery Gardens
4. International City
5. Al Warqa
6. Al Quoz
7. Al Khail Gate
8. Al Furjan
9. Mirdif
10. Al Jaddaf
What areas are better than 'Damac Hills' area in Dubai and why?
1. Jumeirah Beach Residence (JBR): JBR is a popular residential area in Dubai, located close to the beach and offering a wide range of amenities, including restaurants, cafes, shops, and entertainment venues. It is a great option for those looking for a more relaxed atmosphere and a vibrant nightlife.2. Downtown Dubai: Downtown Dubai is a bustling area of the city, offering a variety of attractions, including the iconic Burj Khalifa, the Dubai Mall, and the Dubai Fountain. It is a great place for those looking for a more urban lifestyle with plenty of things to do and see.
3. Palm Jumeirah: Palm Jumeirah is a man-made island located off the coast of Dubai. It offers a variety of luxury hotels, resorts, and apartments, as well as a range of entertainment and leisure activities. It is a great option for those looking for a more luxurious lifestyle.
4. Al Barsha: Al Barsha is a residential area in Dubai, located close to the Mall of the Emirates and offering a variety of shops, restaurants, and entertainment venues. It is a great option for those looking for a more laid back atmosphere and a wide range of amenities.
Where is 'Damac Hills' area in Dubai located?
Damac Hills is located in the Dubailand area of Dubai, near the intersection of Al Qudra Road and Emirates Road.What are the things to do in and around 'Damac Hills' area in Dubai and what are their locations?
1. Ski Dubai: Ski Dubai is located in the Mall of the Emirates, which is a short drive from Damac Hills. It is the first indoor ski resort in the Middle East, offering a variety of activities such as skiing, snowboarding, tobogganing, and more.2. Miracle Garden: Miracle Garden is located in Al Barsha South, which is a short drive from Damac Hills. It is the world’s largest natural flower garden, featuring over 45 million flowers in a variety of shapes and sizes.
3. Dubai Autodrome: Dubai Autodrome is located in Motor City, which is a short drive from Damac Hills. It is a world-class motor racing facility, offering a variety of activities such as go-karting, drifting, and more.
4. Dubai Miracle Garden: Dubai Miracle Garden is located in Al Barsha South, which is a short drive from Damac Hills. It is the world’s largest natural flower garden, featuring over 45 million flowers in a variety of shapes and sizes.
5. Dubai Safari Park: Dubai Safari Park is located in Al Warqa, which is a short drive from Damac Hills. It is a world-class wildlife park, offering a variety of activities such as safari tours, animal shows, and more.
6. Dubai Marina Mall: Dubai Marina Mall is located in Dubai Marina, which is a short drive from Damac Hills. It is a world-class shopping mall, offering a variety of activities such as shopping, dining, and more.
7. Jumeirah Beach: Jumeirah Beach is located in Jumeirah, which is a short drive from Damac Hills. It is a world-class beach, offering a variety of activities such as swimming, sunbathing, and more.
What schools are there in and around 'Damac Hills' area in Dubai and what are their locations?
1. GEMS Wellington International School - Al Barsha South, Dubai2. GEMS Modern Academy - Al Warqa, Dubai
3. GEMS Royal Dubai School - Al Barsha South, Dubai
4. GEMS World Academy - Al Barsha South, Dubai
5. GEMS United School - Al Warqa, Dubai
6. GEMS Founders School - Al Warqa, Dubai
7. GEMS Metropole School - Al Warqa, Dubai
8. GEMS Winchester School - Al Warqa, Dubai
9. GEMS FirstPoint School - Al Warqa, Dubai
10. GEMS New Millennium School - Al Warqa, Dubai
What medical clinics are there in and around 'Damac Hills' area in Dubai and what are their locations?
1. Medcare Medical Centre - Damac Hills, Dubai2. Medcare Women & Children Hospital - Damac Hills, Dubai
3. Aster Medical Centre - Damac Hills, Dubai
4. Prime Medical Centre - Arabian Ranches, Dubai
5. Medcare Orthopaedic & Spine Hospital - Al Barsha, Dubai
6. Medcare Women & Children Hospital - Al Barsha, Dubai
7. Aster Clinic - Al Barsha, Dubai
8. Prime Medical Centre - Motor City, Dubai
9. Medcare Orthopaedic & Spine Hospital - Motor City, Dubai
10. Aster Clinic - Motor City, Dubai
What hospitals are there in and around 'Damac Hills' area in Dubai and what are their locations?
1. Mediclinic Parkview Hospital: Al Barsha South, Dubai2. Medcare Hospital: Al Safa, Dubai
3. Emirates Hospital: Jumeirah, Dubai
4. NMC Royal Hospital: Al Barsha South, Dubai
5. American Hospital Dubai: Oud Metha, Dubai
6. Prime Hospital: Al Barsha South, Dubai
7. MediClinic Arabian Ranches: Arabian Ranches, Dubai
8. MediClinic Meadows: The Meadows, Dubai
9. MediClinic Welcare Hospital: Al Garhoud, Dubai
10. MediClinic Al Sufouh: Al Sufouh, Dubai
What parks are there in and around 'Damac Hills' area in Dubai and what are their locations?
1. Damac Hills Park: Located on the corner of Al Qudra Road and Umm Suqeim Road, this park is a great spot for a family outing.2. Arabian Ranches Park: Located on the corner of Al Qudra Road and Umm Suqeim Road, this park offers a great view of the Arabian Ranches community.
3. Miracle Garden: Located on Al Barsha South, this park is a great spot for a family outing with its colorful flower displays.
4. Skydive Dubai: Located on the corner of Al Qudra Road and Umm Suqeim Road, this park offers a great view of the Dubai skyline and is a great spot for skydiving.
5. Dubai Miracle Garden: Located on Al Barsha South, this park is a great spot for a family outing with its colorful flower displays.
6. Dubai Autodrome: Located on the corner of Al Qudra Road and Umm Suqeim Road, this park offers a great view of the Dubai skyline and is a great spot for car racing.
Damac Hills construction update from June 2020
Cap rate (or rental yield) - gross capitalization rate based on long term rentals, before taxes, fees and service charges and without accounting for delays between long term rentals. Shown average prices and rents.
(x%) shows share of off-plan properties in sales in the last complete month
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