DAMAC Hills Apartments 2026 Q1 Resale Report
(1st January - 31st March 2026)
AED 1,384
Average price per sq. ft
Compared to Q1 2025
145 transactions
AED 147.9M total resale value
Apartments in DAMAC Hills Q1 2026 Resale Report
Executive Summary
One-bedroom apartments led resale activity in DAMAC Hills during Q1 2026 with 75 transactions, representing a 7.0% year-over-year increase in transaction count, and an average price of AED 999,054. Studio apartments recorded 50 transactions in Q1 2026 at an average price of AED 586,271, with transaction count falling 30.0% year-over-year. Two-bedroom units saw 16 transactions during Q1 2026 at an average price of AED 1,941,250, with transaction count declining 20.0% year-over-year.
Ready properties accounted for 91.7% of resale transactions in DAMAC Hills during Q1 2026, while off-plan units comprised 8.3% of the resale market. The off-plan primary market in DAMAC Hills recorded 106 transactions in Q1 2026, with a total value of AED 177,790,030.
Key Facts
- In Q1 2026, the average resale price per square foot for apartments in DAMAC Hills was AED 1,384, representing a 5.5% increase year-over-year.
- DAMAC Hills recorded 145 resale apartment transactions in Q1 2026, a decline of 18.1% compared to the same quarter in 2025.
- The total value of resale apartment transactions in DAMAC Hills for Q1 2026 was AED 147,929,202, down 21.6% year-over-year.
- Ready properties accounted for 91.7% of resale transactions in DAMAC Hills during Q1 2026, while off-plan completions comprised 8.3%.
- One-bedroom apartments led resale activity in DAMAC Hills with 75 transactions in Q1 2026, at an average price of AED 999,054, with transaction volume up 7.0% year-over-year.
- Studio apartments in DAMAC Hills saw 50 resale transactions in Q1 2026 at an average price of AED 586,271, with transaction count declining 30.0% year-over-year.
- Two-bedroom apartments recorded 16 resale transactions in DAMAC Hills during Q1 2026 at an average price of AED 1,941,250, with transaction volume falling 20.0% year-over-year.
Key Performance Indicators
Key Performance Indicators
Resale - Q1 2026
Rental - Q1 2026
Source: Property Monitor, Metropolitan Premium Properties Analysis
Price Trend
Price Trend - DAMAC Hills Apartments
Average Price per Sq. Ft - DAMAC Hills Apartments
| Period | Average Price per Sq. Ft (AED) |
|---|---|
| Q1 2025 | 1,312 |
| Q2 2025 | 1,201 |
| Q3 2025 | 1,332 |
| Q4 2025 | 1,368 |
| Q1 2026 | 1,384 |
Source: Property Monitor, Metropolitan Premium Properties Analysis
How did DAMAC Hills Apartments transactions split between off-plan and ready in Q1 2026?
In Q1 2026, DAMAC Hills Apartments recorded a strong preference for ready properties, which accounted for 91.7% of transactions and 90.5% of total sales value, while off-plan properties represented just 8.3% of transactions and 9.5% of value. The modest gap between the transaction share and value share for off-plan sales—9.5% of value versus 8.3% of transactions—indicates that off-plan deals in DAMAC Hills Apartments carried a slightly higher average ticket size than ready transactions during the quarter. This distribution reflects a market heavily oriented toward immediate occupancy rather than future delivery in this location during Q1 2026.
Which Apartments bedroom configurations recorded the highest resale activity in DAMAC Hills during Q1 2026?
In Q1 2026, DAMAC Hills apartments recorded the highest activity in the 1-bedroom segment with 75 transactions at an average price of AED 999,054, followed by studio units with 50 sales. Studios commanded an average of AED 586,271, while 2-bedroom apartments reached AED 1,941,250 across 16 transactions, establishing a price spread from AED 586,271 to AED 1,941,250 among the measurable configurations. Notably, studio transaction volume declined 30.0% year-on-year, while 1-bedroom activity rose 7.0% and 2-bedroom sales fell 20.0% over the same period in DAMAC Hills, Dubai.
Performance by Bedroom Type
Price Insights by Bedroom
| Bedrooms | Avg Price | Price YoY | Transactions | Trans. YoY |
|---|---|---|---|---|
| Studio | AED 586,271 | +1.8% | 50 | -30% |
| 1 B/R | AED 999,054 | +11.5% | 75 | +7% |
| 2 B/R | AED 1,941,250 | -1.3% | 16 | -20% |
| 3 B/R | AED 3,156,643 | +10.5% | 4 | -75% |
Transaction Distribution by Bedroom
Transaction Volume by Bedroom Type - Q1 2026
| Bedroom Type | Transactions |
|---|---|
| Studio Bed | 50 |
| 1 B/R Bed | 75 |
| 2 B/R Bed | 16 |
| 3 B/R Bed | 4 |
Source: Property Monitor, Metropolitan Premium Properties Analysis
How did off-plan primary-market sales of Apartments in DAMAC Hills perform in Q1 2026?
In Q1 2026, DAMAC Hills Apartments recorded 106 off-plan transactions totaling AED 177,790,030, representing increases of 324.0% and 373.9% year-on-year respectively. Off-plan transaction volume in the community was lower than resale activity, which reached 145 transactions in the same period, though off-plan total value of AED 177,790,030 exceeded the resale total of AED 147,929,202. The quarter demonstrated substantial growth in primary market activity compared to the corresponding period in 2025.
Rental Summary
Rental Contract Distribution - Q1 2026
Contract Types
Rental Insights by Bedroom
| Bedrooms | Avg Rent | Price YoY | Transactions | Trans. YoY |
|---|---|---|---|---|
| Studio | AED 47,326 | +5.6% | 291 | -11% |
| 1 B/R | AED 71,424 | +6.7% | 282 | -9% |
| 2 B/R | AED 124,461 | -3.6% | 59 | -20% |
| 3 B/R | AED 194,058 | +5% | 15 | -42% |
Source: Property Monitor, Metropolitan Premium Properties Analysis
Dubai Apartments Market Context -- Q1 2026
Dubai's property market recorded 44,267 sale transactions in Q1 2026, with initial sales accounting for 71.9% of the total and resales representing 28.1%. The rental market registered 147,091 transactions during the same period, with renewals comprising 66.4% of activity and new contracts making up 33.6%. This market-wide data provides the comparative context for analyzing DAMAC Hills Apartments performance within Dubai's broader real estate landscape during the quarter.
Dubai Overall Market Context
Dubai Apartments Market Totals - Q1 2026
| Category | Percentage |
|---|---|
| Initial Sale | 71.9% |
| Resale | 28.1% |
| Category | Percentage |
|---|---|
| New | 33.6% |
| Renewal | 66.4% |
Source: Property Monitor, Metropolitan Premium Properties Analysis
Frequently Asked Questions
What was the average price per square foot for resale apartments in DAMAC Hills during Q1 2026?
How many resale apartment transactions occurred in DAMAC Hills in Q1 2026?
What was the total transaction value for resale apartments in DAMAC Hills in Q1 2026?
What was the average price for a studio apartment resale in DAMAC Hills during Q1 2026?
What was the average resale price for 1-bedroom apartments in DAMAC Hills in Q1 2026?
What share of DAMAC Hills apartment resales in Q1 2026 were ready properties versus off-plan?
What was the average price for 2-bedroom apartment resales in DAMAC Hills during Q1 2026?
How many off-plan primary market apartment transactions occurred in DAMAC Hills in Q1 2026?
Methodology
This analysis of resale apartment activity in DAMAC Hills for Q1 2026 draws on Property Monitor's transaction register, which aggregates Dubai Land Department resale registrations covering the period from 1 January 2026 to 31 March 2026. Year-on-year comparisons reference the corresponding quarter in 2025, with percentage changes calculated on both transaction counts and average price per square foot. Readers should note that registration timing may lag actual transaction completion by several weeks, meaning deals agreed in late Q4 2025 could appear in the Q1 2026 dataset, while transactions signed near the end of March 2026 may not yet be reflected in the current quarter's totals.
Glossary
- PSF
- Price per square foot, a standard metric in Dubai real estate that divides the total sale price by the property's built-up area to enable size-neutral price comparisons across different units and developments.
- Off-plan
- Properties sold by developers before or during construction, typically purchased through a payment plan and transferred to buyers upon project completion.
- Secondary market
- The resale segment of Dubai real estate where properties are sold between private parties rather than purchased directly from developers, encompassing both ready and off-plan units being resold.
- Ready property
- Completed, habitable properties available for immediate occupancy and registration at the Dubai Land Department, as distinct from properties still under construction.
- Resale
- Transactions where the seller is an individual or entity other than the original developer, regardless of whether the property is completed or still off-plan.
- AED/sqft
- United Arab Emirates Dirhams per square foot, the standard currency denomination used to express price per square foot in Dubai property transactions.
- Built-up area
- The total enclosed floor area of a property unit measured in square feet, including walls and internal structures, used as the standard size metric for pricing apartments in Dubai.
- Resale Off-Plan Origin
- A transaction classification for properties that were originally purchased off-plan from a developer and are now being resold before completion by the initial buyer to a new purchaser.
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