Master Project · Transactions · 2022

Damac Hills Property Transactions 2022

1,376 property sales worth ⃃ 2.7B were registered in Damac Hills in 2022, 19.7% lower than 2021 by number of sales. The median sale price was ⃃ 1,056,500 and the median price per square foot ⃃ 1,106 (+4.5% on 2021).

Period: 1 Jan – 31 Dec 2022Compared with: 2021Sample: 1,376 salesUpdated: 12 Nov 2026
Property sales
1,376
−19.7% vs 2021
1 Jan – 31 Dec 2022
Total value
⃃ 2.7B
−24.0% vs 2021
1 Jan – 31 Dec 2022
Median sale price
⃃ 1,056,500
−41.3% vs 2021
1,376 sales
Median price per sq ft
⃃ 1,106
+4.5% vs 2021
1,376 sales

What types of property sold in Damac Hills in 2022?

1 Jan – 31 Dec 2022

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments95069%⃃ 853.09M⃃ 775,500⃃ 1,084
Villas42330.7%⃃ 1.6B⃃ 2,900,000⃃ 1,129

How were 2022 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
Resale (secondary)53138.6%⃃ 1.3B⃃ 1,240,000⃃ 1,037
Ready95969.7%⃃ 1.8B⃃ 942,000⃃ 1,053

How many rental contracts were registered in Damac Hills in 2022?

3,405 rental contracts (new and renewed) were registered in Damac Hills in 2022, at a median annual rent of ⃃ 53,785 (−32.8% on 2021). Rental yields in Damac Hills

What were the most expensive property sales in Damac Hills in 2022?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
27/05/2022Damac HillsPlot358,453 sq ft⃃ 185,500,000Resale · Ready
14/11/2022Damac Hills - Cavalli Estates7 beds · Villa13,784 sq ft⃃ 28,494,000Primary · Off-plan
15/09/2022Damac Hills - Cavalli Estates5 beds · Villa9,075 sq ft⃃ 20,448,000Primary · Off-plan
04/03/2022Damac Hills-Bel Air9 beds · Villa12,773 sq ft⃃ 17,878,080Primary · Off-plan
03/08/2022Damac Hills - Cavalli Estates5 beds · Villa7,773 sq ft⃃ 17,817,300Primary · Off-plan
17/11/2022Damac Hills - Gems Estates 2Villa9,283 sq ft⃃ 16,767,360Primary · Off-plan
28/10/2022Damac Hills - Piccadilly Green6 beds · Villa11,403 sq ft⃃ 15,000,000Resale · Ready
03/11/2022Damac Hills - Piccadilly Green6 beds · Villa11,304 sq ft⃃ 14,545,920Primary · Ready
08/04/2022Damac Hills - Piccadilly Green6 beds · Villa11,429 sq ft⃃ 13,490,000Primary · Ready
26/05/2022Damac Hills6 beds · Villa11,396 sq ft⃃ 13,170,000Primary · Ready

What were the last registered sales of 2022?

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 2022 with the whole of 2021.
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/2022
Damac Hills Property Transactions 2022. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/damac-hills/2022

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 2022?
1,376 property sales worth ⃃ 2,662,337,969 were registered in Damac Hills in 2022. That is 19.7% lower than 2021.
What was the median property price in Damac Hills in 2022?
The median sale price was ⃃ 1,056,500 and the median price per square foot ⃃ 1,106 (1 Jan – 31 Dec 2022).

Last updated · data to 12 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/damac-hills/2022