Project · Transactions · 2023

Damac Heights Property Transactions 2023

59 property sales worth ⃃ 157.8M were registered in Damac Heights in 2023, 9.2% lower than 2022 by number of sales. The median sale price was ⃃ 2,300,000 and the median price per square foot ⃃ 1,831 (+15.6% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 59 salesUpdated: 12 Nov 2026
Property sales
59
−9.2% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 157.8M
+11.3% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 2,300,000
+7.0% vs 2022
59 sales
Median price per sq ft
⃃ 1,831
+15.6% vs 2022
59 sales

What types of property sold in Damac Heights in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments59100%⃃ 157.8M⃃ 2,300,000⃃ 1,831

How were 2023 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)11.7%⃃ 1.51M⃃ 1,510,000⃃ 1,806
Ready59100%⃃ 157.8M⃃ 2,300,000⃃ 1,831

How many rental contracts were registered in Damac Heights in 2023?

365 rental contracts (new and renewed) were registered in Damac Heights in 2023, at a median annual rent of ⃃ 126,000 (+14.5% on 2022). Rental yields in Damac Heights

What were the most expensive property sales in Damac Heights in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
15/12/2023Damac Heights5 beds · Apartment11,091 sq ft⃃ 23,053,889Resale · Ready
13/11/2023Damac Heights3 beds · Apartment2,215 sq ft⃃ 4,700,000Resale · Ready
10/07/2023Damac Heights3 beds · Apartment2,318 sq ft⃃ 4,000,000Resale · Ready
13/11/2023Damac Heights3 beds · Apartment2,169 sq ft⃃ 4,000,000Resale · Ready
15/05/2023Damac Heights3 beds · Apartment2,275 sq ft⃃ 3,900,000Resale · Ready
13/07/2023Damac Heights2 beds · Apartment2,098 sq ft⃃ 3,455,000Resale · Ready
18/10/2023Damac Heights2 beds · Apartment1,829 sq ft⃃ 3,250,000Resale · Ready
09/06/2023Damac Heights2 beds · Apartment1,849 sq ft⃃ 3,225,000Resale · Ready
22/02/2023Damac Heights2 beds · Apartment1,661 sq ft⃃ 3,200,000Resale · Ready
31/10/2023Damac Heights2 beds · Apartment1,879 sq ft⃃ 3,100,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
22/12/2023Damac Heights2 beds · Apartment1,241 sq ft⃃ 2,350,000Resale · Ready
21/12/2023Damac Heights2 beds · Apartment1,576 sq ft⃃ 2,700,000Resale · Ready
20/12/2023Damac Heights2 beds · Apartment1,576 sq ft⃃ 2,600,000Resale · Ready
15/12/2023Damac Heights5 beds · Apartment11,091 sq ft⃃ 23,053,889Resale · Ready
30/11/2023Damac Heights2 beds · Apartment1,269 sq ft⃃ 1,850,000Resale · Ready
27/11/2023Damac Heights1 bed · Apartment874 sq ft⃃ 1,725,000Resale · Ready
24/11/2023Damac Heights1 bed · Apartment944 sq ft⃃ 1,500,000Resale · Ready
22/11/2023Damac Heights3 beds · Apartment1,903 sq ft⃃ 2,900,000Resale · Ready
21/11/2023Damac Heights2 beds · Apartment1,707 sq ft⃃ 2,875,000Resale · Ready
14/11/2023Damac Heights1 bed · Apartment1,004 sq ft⃃ 2,050,000Resale · 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 2023 with the whole of 2022.
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-heights/2023
Damac Heights Property Transactions 2023. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/damac-heights/2023

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 Heights in 2023?
59 property sales worth ⃃ 157,802,389 were registered in Damac Heights in 2023. That is 9.2% lower than 2022.
What was the median property price in Damac Heights in 2023?
The median sale price was ⃃ 2,300,000 and the median price per square foot ⃃ 1,831 (1 Jan – 31 Dec 2023).

Last updated · data to 12 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/damac-heights/2023