Project · Transactions · 2024

Damac Hills - Gems Estates 1 Property Transactions 2024

13 property sales worth ⃃ 244.52M were registered in Damac Hills - Gems Estates 1 in 2024, 550.0% higher than 2023 by number of sales. The median sale price was ⃃ 18,088,000 and the median price per square foot ⃃ 1,602 (−12.2% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 13 salesUpdated: 18 Oct 2026
Property sales
13
+550.0% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 244.52M
+959.6% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 18,088,000
+56.8% vs 2023
13 sales
Median price per sq ft
⃃ 1,602
−12.2% vs 2023
13 sales

What types of property sold in Damac Hills - Gems Estates 1 in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Villas13100%⃃ 244.52M⃃ 18,088,000⃃ 1,602

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)1076.9%⃃ 216.36M⃃ 23,351,705⃃ 1,670
Resale (secondary)323.1%⃃ 28.15M⃃ 6,131,000⃃ 1,407
Off-plan13100%⃃ 244.52M⃃ 18,088,000⃃ 1,602

What were the most expensive property sales in Damac Hills - Gems Estates 1 in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
10/05/2024Damac Hills - Gems Estates 1Villa15,816 sq ft⃃ 25,010,580Primary · Off-plan
28/05/2024Damac Hills - Gems Estates 1Villa15,372 sq ft⃃ 24,625,390Primary · Off-plan
02/05/2024Damac Hills - Gems Estates 1Villa15,807 sq ft⃃ 24,241,150Primary · Off-plan
02/04/2024Damac Hills - Gems Estates 1Villa13,583 sq ft⃃ 23,607,500Primary · Off-plan
09/09/2024Damac Hills - Gems Estates 1Villa14,953 sq ft⃃ 23,492,730Primary · Off-plan
26/03/2024Damac Hills - Gems Estates 1Villa14,845 sq ft⃃ 23,210,680Primary · Off-plan
07/05/2024Damac Hills - Gems Estates 1Villa8,529 sq ft⃃ 18,088,000Primary · Off-plan
09/09/2024Damac Hills - Gems Estates 1Villa8,525 sq ft⃃ 18,087,000Primary · Off-plan
04/12/2024Damac Hills - Gems Estates 1Villa8,525 sq ft⃃ 18,087,000Primary · Off-plan
22/03/2024Damac Hills - Gems Estates 1Villa9,169 sq ft⃃ 17,914,400Primary · Off-plan

What were the last registered sales of 2024?

DatePropertyTypeSizePriceMarket
04/12/2024Damac Hills - Gems Estates 1Villa8,525 sq ft⃃ 18,087,000Primary · Off-plan
04/10/2024Damac Hills - Gems Estates 1Villa4,497 sq ft⃃ 6,131,000Resale · Off-plan
09/09/2024Damac Hills - Gems Estates 1Villa8,525 sq ft⃃ 18,087,000Primary · Off-plan
09/09/2024Damac Hills - Gems Estates 1Villa14,953 sq ft⃃ 23,492,730Primary · Off-plan
31/07/2024Damac Hills - Gems Estates 1Villa3,767 sq ft⃃ 5,300,000Resale · Off-plan
28/05/2024Damac Hills - Gems Estates 1Villa15,372 sq ft⃃ 24,625,390Primary · Off-plan
14/05/2024Damac Hills - Gems Estates 1Villa8,525 sq ft⃃ 16,721,830Resale · Off-plan
10/05/2024Damac Hills - Gems Estates 1Villa15,816 sq ft⃃ 25,010,580Primary · Off-plan
07/05/2024Damac Hills - Gems Estates 1Villa8,529 sq ft⃃ 18,088,000Primary · Off-plan
02/05/2024Damac Hills - Gems Estates 1Villa15,807 sq ft⃃ 24,241,150Primary · 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-gems-estates-1/2024
Damac Hills - Gems Estates 1 Property Transactions 2024. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/damac-hills-gems-estates-1/2024

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 - Gems Estates 1 in 2024?
13 property sales worth ⃃ 244,517,260 were registered in Damac Hills - Gems Estates 1 in 2024. That is 550.0% higher than 2023.
What was the median property price in Damac Hills - Gems Estates 1 in 2024?
The median sale price was ⃃ 18,088,000 and the median price per square foot ⃃ 1,602 (1 Jan – 31 Dec 2024).
What share of 2024 sales in Damac Hills - Gems Estates 1 were off-plan or from developers?
Developer (primary) sales were 76.9% of the 13 sales and resales 23.1%. Off-plan units made up 100% and ready units —. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/damac-hills-gems-estates-1/2024