Master Project · Transactions · 2019

Damac Hills Property Transactions 2019

678 property sales worth ⃃ 1.1B were registered in Damac Hills in 2019, 20.6% higher than 2018 by number of sales. The median sale price was ⃃ 1,000,000 and the median price per square foot ⃃ 1,220 (−6.0% on 2018).

Period: 1 Jan – 31 Dec 2019Compared with: 2018Sample: 678 salesUpdated: 19 Oct 2026
Property sales
678
+20.6% vs 2018
1 Jan – 31 Dec 2019
Total value
⃃ 1.1B
+13.7% vs 2018
1 Jan – 31 Dec 2019
Median sale price
⃃ 1,000,000
+40.9% vs 2018
678 sales
Median price per sq ft
⃃ 1,220
−6.0% vs 2018
678 sales

What types of property sold in Damac Hills in 2019?

1 Jan – 31 Dec 2019

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments50975.1%⃃ 486.02M⃃ 805,000⃃ 1,269
Villas16924.9%⃃ 581.19M⃃ 2,850,000⃃ 915

How were 2019 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)55181.3%⃃ 839.97M⃃ 947,000⃃ 1,273
Resale (secondary)12718.7%⃃ 227.23M⃃ 1,712,500⃃ 766
Off-plan38156.2%⃃ 413.68M⃃ 726,000⃃ 1,308
Ready29743.8%⃃ 653.53M⃃ 1,750,000⃃ 919

How many rental contracts were registered in Damac Hills in 2019?

2,017 rental contracts (new and renewed) were registered in Damac Hills in 2019, at a median annual rent of ⃃ 93,000 (+34.8% on 2018). Rental yields in Damac Hills

What were the most expensive property sales in Damac Hills in 2019?

The ten highest registered sale prices in the year.

No transactions on record for this selection.

What were the last registered sales of 2019?

DatePropertyTypeSizePriceMarket
29/12/2019Orchid B1 bed · Apartment853 sq ft⃃ 700,000Resale · Ready
29/12/2019Damac Hills - The Field4 beds · Villa4,625 sq ft⃃ 2,850,000Resale · Ready
26/12/2019Damac Hills - Trinity3 beds · Villa3,492 sq ft⃃ 2,100,000Resale · Ready
24/12/2019Damac Hills - The Flora5 beds · Villa7,486 sq ft⃃ 6,783,680Primary · Ready
23/12/2019Carson (B)Studio · Apartment407 sq ft⃃ 479,750Primary · Off-plan
23/12/2019Carson (B)Studio · Apartment406 sq ft⃃ 504,000Primary · Off-plan
23/12/2019Loreto 1 - B1 bed · Apartment946 sq ft⃃ 1,123,000Primary · Ready
22/12/2019Carson (B)Studio · Apartment405 sq ft⃃ 501,000Primary · Off-plan
22/12/2019Golf Promenade 2 - A2 beds · Apartment1,461 sq ft⃃ 1,275,100Primary · Ready
18/12/2019Loreto 1 - BStudio · Apartment459 sq ft⃃ 661,000Primary · Ready

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 2019 with the whole of 2018.
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/2019
Damac Hills Property Transactions 2019. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/damac-hills/2019

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 2019?
678 property sales worth ⃃ 1,067,207,638 were registered in Damac Hills in 2019. That is 20.6% higher than 2018.
What was the median property price in Damac Hills in 2019?
The median sale price was ⃃ 1,000,000 and the median price per square foot ⃃ 1,220 (1 Jan – 31 Dec 2019).
What share of 2019 sales in Damac Hills were off-plan or from developers?
Developer (primary) sales were 81.3% of the 678 sales and resales 18.7%. Off-plan units made up 56.2% and ready units 43.8%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/damac-hills/2019