Master Project · Transactions · 2024

Damac Hills 2 Property Transactions 2024

5,428 property sales worth ⃃ 8.7B were registered in Damac Hills 2 in 2024, 170.7% higher than 2023 by number of sales. The median sale price was ⃃ 1,650,000 and the median price per square foot ⃃ 942 (+33.9% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 5,428 salesUpdated: 18 Oct 2026
Property sales
5,428
+170.7% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 8.7B
+236.0% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 1,650,000
+19.2% vs 2023
5,428 sales
Median price per sq ft
⃃ 942
+33.9% vs 2023
5,428 sales

What types of property sold in Damac Hills 2 in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments1,76432.5%⃃ 1.3B⃃ 687,000⃃ 1,203
Villas3,59866.3%⃃ 7.4B⃃ 1,898,000⃃ 835
Commercial10%⃃ 1.25M⃃ 1,252,000⃃ 1,583

How were 2024 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)5,15094.9%⃃ 8.4B⃃ 1,710,000⃃ 965
Resale (secondary)2785.1%⃃ 272.93M⃃ 715,000⃃ 867
Off-plan4,26678.6%⃃ 7.2B⃃ 1,831,000⃃ 1,101
Ready1,16221.4%⃃ 1.5B⃃ 1,250,000⃃ 737

How many rental contracts were registered in Damac Hills 2 in 2024?

5,741 rental contracts (new and renewed) were registered in Damac Hills 2 in 2024, at a median annual rent of ⃃ 80,000 (+21.2% on 2023). Rental yields in Damac Hills 2

What were the most expensive property sales in Damac Hills 2 in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
16/01/2024Farmhouses6 beds · Villa20,191 sq ft⃃ 11,465,000Primary · Off-plan
19/06/2024Farmhouses6 beds · Villa20,193 sq ft⃃ 11,007,360Primary · Off-plan
08/02/2024Farmhouses5 beds · Villa8,602 sq ft⃃ 6,221,000Primary · Off-plan
19/11/2024Acuna6 beds · Villa5,316 sq ft⃃ 4,650,000Resale · Ready
29/10/2024Primrose6 beds · Villa4,584 sq ft⃃ 4,500,000Primary · Ready
03/05/2024Park Greens 14 beds · Villa7,472 sq ft⃃ 4,389,000Primary · Off-plan
15/02/2024Park Greens 34 beds · Villa6,758 sq ft⃃ 4,313,000Primary · Off-plan
05/06/2024Primrose6 beds · Villa4,702 sq ft⃃ 4,300,000Primary · Ready
19/06/2024Park Greens 34 beds · Villa5,911 sq ft⃃ 4,292,000Primary · Off-plan
07/11/2024Claret6 beds · Villa4,857 sq ft⃃ 4,200,000Primary · Ready

What were the last registered sales of 2024?

DatePropertyTypeSizePriceMarket
30/12/2024Elo1 bed · Apartment614 sq ft⃃ 700,000Resale · Off-plan
30/12/2024Pacifica2 beds · Villa1,436 sq ft⃃ 1,450,000Primary · Ready
30/12/2024Vardon3 beds · Villa1,208 sq ft⃃ 1,100,000Primary · Ready
30/12/2024Damac Hills (2) - Violet4 beds · Villa1,215 sq ft⃃ 1,920,000Primary · Off-plan
30/12/2024Damac Hills (2) - Violet 34 beds · Villa1,341 sq ft⃃ 2,015,000Primary · Off-plan
30/12/2024Damac Hills (2) - Violet 24 beds · Villa1,593 sq ft⃃ 2,339,000Primary · Off-plan
30/12/2024Navitas Tower EStudio · Apartment350 sq ft⃃ 448,000Primary · Ready
30/12/2024Damac Hills (2) - Violet 44 beds · Villa1,215 sq ft⃃ 2,000,000Primary · Off-plan
30/12/2024Damac Hills (2) - Violet 34 beds · Villa1,535 sq ft⃃ 2,282,000Primary · Off-plan
27/12/2024Damac Hills (2) - Violet 44 beds · Villa1,215 sq ft⃃ 2,000,000Primary · Off-plan

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2024 with the whole of 2023.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

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-transactions/damac-hills-2/2024
Damac Hills 2 Property Transactions 2024. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/damac-hills-2/2024

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

Frequently asked questions

How many properties were sold in Damac Hills 2 in 2024?
5,428 property sales worth ⃃ 8,712,149,242 were registered in Damac Hills 2 in 2024. That is 170.7% higher than 2023.
What was the median property price in Damac Hills 2 in 2024?
The median sale price was ⃃ 1,650,000 and the median price per square foot ⃃ 942 (1 Jan – 31 Dec 2024).
What share of 2024 sales in Damac Hills 2 were off-plan or from developers?
Developer (primary) sales were 94.9% of the 5,428 sales and resales 5.1%. Off-plan units made up 78.6% and ready units 21.4%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/damac-hills-2/2024