Project · Damac Hills · Sale prices

Damac Hills - Gems Estates 1 Property Prices 2026

The median property sale price in Damac Hills - Gems Estates 1 was ⃃ 21,814,000 in the 12 months to 16 Oct 2026, based on 4 registered sales — 19.7% higher than the same 12 months a year earlier. The median price per square foot was ⃃ 1,750 (−9.4% year on year). That is 1435.1% above the Dubai-wide median of ⃃ 1,421,000 for the same property mix.

Period: 12 months to 16 Oct 2026Compared with: same 12 months a year earlierSample: 4 salesUpdated: 18 Oct 2026
Median sale price
⃃ 21,814,000
+19.7% YoY
4 sales · the 12 months to 16 Oct 2026
Median price per sq ft
⃃ 1,750
−9.4% YoY
4 sales · the 12 months to 16 Oct 2026
Registered sales
4
−63.6% YoY
worth ⃃ 73.1M · the 12 months to 16 Oct 2026

What are the key price figures for Damac Hills - Gems Estates 1?

Every headline figure with its period and the evidence behind it.

Source: DXBinteract analysis of Dubai Land Department registered sales. Data to 16 Oct 2026.
MetricValuePeriodBasis
Median sale price⃃ 21,814,00012 months to 16 Oct 20264 sales; +19.7% vs the same 12 months a year earlier
Median price per sq ft⃃ 1,75012 months to 16 Oct 20264 sales; −9.4% vs the same 12 months a year earlier
Number of sales412 months to 16 Oct 2026−63.6% vs the same 12 months a year earlier
Total sales value⃃ 73,097,26012 months to 16 Oct 2026−67.6% vs the same 12 months a year earlier
Lowest / highest sale⃃ 6.61M – ⃃ 22.86M12 months to 16 Oct 2026single registered sales (not typical prices)
Capital appreciation0.0%12 months to 16 Oct 2026change in property value over the period
Active off-plan projects1current0 off-plan units
Developer (primary) median price⃃ 18,087,000all time35 developer sales; ⃃ 1,710 per sq ft
Launch date16/09/2022—project record
Completion / handover date30/11/2026—project record

How have property prices in Damac Hills - Gems Estates 1 changed since 2022?

Median price per square foot and number of sales by calendar year. 2026 is year to date.

2022–2026 (to 16 Oct 2026)
Damac Hills - Gems Estates 1 median price per sq ft and sales by year
SalesMedian price per sq ft (⃃)
2022111,687
202321,824
2024131,602
2025121,859
2026 YTD21,844
Registered sales and median price per sq ft by year, Damac Hills - Gems Estates 1. Source: DXBinteract. The same figures are in the table below.
2026 runs to 16 Oct 2026; its sales change is not shown because the source compares it with the whole of 2025.
YearSalesSales YoYValueMedian pricePer sq ftPer sq ft YoY
2026 (to 16 Oct 2026)2part year⃃ 29.47M⃃ 14,734,480⃃ 1,844−0.8%
202512−7.7%⃃ 251.14M⃃ 21,707,235⃃ 1,859+16.0%
202413+550.0%⃃ 244.52M⃃ 18,088,000⃃ 1,602−12.2%
20232−81.8%⃃ 23.08M⃃ 11,537,915⃃ 1,824+8.1%
202211—⃃ 69.28M⃃ 6,354,000⃃ 1,687—

Transactions by year: 2026 · 2025 · 2024 · 2023 · 2022 · all years

How does Damac Hills - Gems Estates 1 compare with Dubai?

Same property mix, same window (the 12 months to 16 Oct 2026).

MetricDamac Hills - Gems Estates 1Dubai
Median sale price⃃ 21,814,000⃃ 1,421,000
Median price per sq ft⃃ 1,750⃃ 1,740
Price per sq ft YoY−9.4%+6.4%
Sales4173,157
Gross rental yield—4.43%

What are the latest registered sales in Damac Hills - Gems Estates 1?

The ten most recently registered sales. Individual sales are evidence, not typical prices.

DatePropertyTypeSizePricePer sq ftMarket
20/02/2026Damac Hills - Gems Estates 1Villa11,818 sq ft⃃ 22,860,800⃃ 1,934Primary · Off-plan
13/01/2026Damac Hills - Gems Estates 1Villa3,767 sq ft⃃ 6,608,160⃃ 1,754Resale · Off-plan

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Free to embed and share with the source line kept visible. The chart updates itself as new transactions are registered.

How these figures are calculated

Median, not average
Every price is the median of registered sales — half sold for more, half for less — so a handful of trophy deals cannot pull it up.
Period
Headline figures cover the 12 months to 16 Oct 2026; changes compare them with the same 12 months a year earlier. Calendar-year figures are in the history table; the current year is year to date.
Scope
All registered sales of apartments, villas, commercial units, buildings and plots, both primary (developer) and resale, off-plan and ready. Gifts, grants and non-sale registrations are excluded.
Price per sq ft
Median of each sale’s price divided by its registered size in square feet.
Gross rental yield
Annual rent as a percentage of price, before service charges, fees and vacancy, as calculated in the source dataset and rounded to two decimal places.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-prices/damac-hills-gems-estates-1
Damac Hills - Gems Estates 1 Property Prices 2026. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-prices/damac-hills-gems-estates-1

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

What is the average property price in Damac Hills - Gems Estates 1?
The median property sale price in Damac Hills - Gems Estates 1 was ⃃ 21,814,000 in the 12 months to 16 Oct 2026, from 4 registered sales. DXBinteract reports the median (the middle sale) rather than the arithmetic mean, so a few very large deals do not distort it.
What is the price per square foot in Damac Hills - Gems Estates 1?
The median price per square foot of Damac Hills - Gems Estates 1 was ⃃ 1,750 in the 12 months to 16 Oct 2026, −9.4% compared with the same 12 months a year earlier.
How many properties were sold in Damac Hills - Gems Estates 1 in the last 12 months?
4 sales worth ⃃ 73,097,260 were registered in Damac Hills - Gems Estates 1 in the 12 months to 16 Oct 2026 (−63.6% year on year).
Are property prices in Damac Hills - Gems Estates 1 going up?
Over the 12 months to 16 Oct 2026 the median price per square foot of Damac Hills - Gems Estates 1 changed −9.4%. In calendar year 2025 it was ⃃ 1,859 (+16.0% on 2024), and ⃃ 1,844 so far in 2026.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-prices/damac-hills-gems-estates-1