Master Project · Transactions · 2016

Damac Hills Property Transactions 2016

257 property sales worth ⃃ 739.14M were registered in Damac Hills in 2016, 79.4% lower than 2015 by number of sales. The median sale price was ⃃ 2,302,650 and the median price per square foot ⃃ 1,313 (−8.1% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 257 salesUpdated: 18 Oct 2026
Property sales
257
−79.4% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 739.14M
−59.3% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 2,302,650
+229.7% vs 2015
257 sales
Median price per sq ft
⃃ 1,313
−8.1% vs 2015
257 sales

What types of property sold in Damac Hills in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments12147.1%⃃ 136.82M⃃ 1,005,000⃃ 1,410
Villas13251.4%⃃ 547.13M⃃ 3,367,877⃃ 1,231

How were 2016 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)19073.9%⃃ 584.46M⃃ 2,302,825⃃ 1,361
Resale (secondary)6726.1%⃃ 154.68M⃃ 2,200,000⃃ 1,073
Off-plan21684%⃃ 632.48M⃃ 2,489,115⃃ 1,332
Ready4116%⃃ 106.66M⃃ 1,108,025⃃ 1,250

How many rental contracts were registered in Damac Hills in 2016?

4 rental contracts (new and renewed) were registered in Damac Hills in 2016, at a median annual rent of ⃃ 60,000 (−7.7% on 2015). Rental yields in Damac Hills

What were the most expensive property sales in Damac Hills in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
09/06/2016Damac HillsPlot456,595 sq ft⃃ 28,223,604Primary · Ready
13/06/2016Damac HillsPlot390,656 sq ft⃃ 24,151,750Primary · Ready
05/12/2016Damac Hills - Piccadilly Green6 beds · Villa11,112 sq ft⃃ 12,627,000Primary · Off-plan
01/11/2016Silver Springs 16 beds · Villa13,095 sq ft⃃ 12,000,000Primary · Off-plan
07/06/2016Damac Hills - Queens Meadow6 beds · Villa11,594 sq ft⃃ 11,785,200Primary · Off-plan
10/04/2016Damac Hills - The Turf5 beds · Villa7,800 sq ft⃃ 10,000,000Primary · Off-plan
15/06/2016Silver Springs 15 beds · Villa6,931 sq ft⃃ 8,798,400Primary · Off-plan
15/06/2016Silver Springs 15 beds · Villa6,892 sq ft⃃ 8,798,400Primary · Off-plan
06/09/2016Silver Springs 15 beds · Villa7,428 sq ft⃃ 8,578,440Primary · Off-plan
25/07/2016Silver Springs 15 beds · Villa7,318 sq ft⃃ 8,550,945Primary · Off-plan

What were the last registered sales of 2016?

No transactions on record for this selection.

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 2016 with the whole of 2015.
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/2016
Damac Hills Property Transactions 2016. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/damac-hills/2016

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 in 2016?
257 property sales worth ⃃ 739,137,523 were registered in Damac Hills in 2016. That is 79.4% lower than 2015.
What was the median property price in Damac Hills in 2016?
The median sale price was ⃃ 2,302,650 and the median price per square foot ⃃ 1,313 (1 Jan – 31 Dec 2016).
What share of 2016 sales in Damac Hills were off-plan or from developers?
Developer (primary) sales were 73.9% of the 257 sales and resales 26.1%. Off-plan units made up 84% and ready units 16%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/damac-hills/2016