Damac Hills – highest headline appreciation
Damac Hills recorded 21.4% combined growth in median price per square foot and was the only selected community with positive combined 12-month volume growth at +12.4%. On the surface, it is the cleanest headline story, but the primary/resale split complicates it.
- 787 transactions
- +287.7% volume growth
- AED 1,798 median price per square foot
- -1.9% price change
- 972 transactions
- -28.6% volume
- AED 1,402 median price per square foot
- +11.6% price growth
The combined market tilted toward a much larger volume of higher-priced primary sales, lifting the overall median even as the primary median dipped. The appreciation is real – resale rose 11.6%, resale apartments 10%, and resale villas 17.1% – but 21.4% should not be read as like-for-like across every Damac Hills property. In the latest three-month resale window, prices were 11.2% higher year over year, volume was 63.3% lower, and gross yield reached 6.36%.






