New homes in Damac District start at AED 1,142,000; keys are due Sep 2029; you pay 20% to book, 40% while it is built and 40% at the keys.
Keys
Sep 2029
The developer's handover date
Payment plan
20 / 40 / 40
20% to book, 40% while it is built, 40% at the keys
Bedrooms
1 to 2 beds
Sizes
3,164 to 6,588 sq ft
Ownership
Freehold
Property types
Apartment
Registration fee
4% of the price
Paid to the Dubai Land Department
As of Nov 1, 2026. These details can change; confirm them with the developer before you book.
Dubai Land Department register
From price per sq ft
AED 361 per sq ft
At the smallest size listed
RERA project
4064
Check it in Dubai REST, the Dubai Land Department's official app.
Built
4%
Being built. DLD register, Nov 11, 2026
Completion on the register
Mar 2029
DLD shows only the current date. We have recorded it since Jun 12, 2026 and it hasn't moved.
Escrow account
بنك المشرق (شركة مساهمة عامة)
The bank that holds your payments
Registered homes
1,139
In 3 buildings
Dubai Land Department project register, as of Nov 11, 2026.
Paying for it
You pay 20% when you book, 40% as the building goes up, and 40% when you get the keys.
AED
When
Stage
Share
Amount
Paid by then
NowBooking · 20%
Booking
20%
AED 228,400+ AED 45,680 DLD fee
AED 274,080
Mar 2027While it is built · 5%
While it is built
5%
AED 57,100
AED 331,180
Jul 2027While it is built · 5%
While it is built
5%
AED 57,100
AED 388,280
Oct 2027While it is built · 5%
While it is built
5%
AED 57,100
AED 445,380
Feb 2028While it is built · 5%
While it is built
5%
AED 57,100
AED 502,480
Jun 2028While it is built · 5%
While it is built
5%
AED 57,100
AED 559,580
Oct 2028While it is built · 5%
While it is built
5%
AED 57,100
AED 616,680
Jan 2029While it is built · 5%
While it is built
5%
AED 57,100
AED 673,780
May 2029While it is built · 5%
While it is built
5%
AED 57,100
AED 730,880
Sep 2029Keys · 40%
Keys
40%
AED 456,800
AED 1,187,680
Booking payment, 20%
AED 228,400
Dubai Land Department fee (Oqood), 4%
AED 45,680
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 274,080
Total costPrice plus the DLD fee
AED 1,187,680
The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
A mortgage at the keys
Before you buy
Pay into the project's escrow account only.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
Check the developer's record.
The Dubai Land Department project register lists 43 finished projects by this developer since 2014. 41 of the 43 were finished by the completion date DLD holds now. DLD replaces that date when a project is given more time and keeps no earlier dates, so this can't show which ones ran late. Since Jun 12, 2026, DLD has moved the completion date of 1 of their 7 projects under way, by 26 months on average.
Budget for the service charge.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. "Rent and yield" below gives the figure for this project.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in DAMAC Hills in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
1-bed apartmentFrom AED 1,142,000 here
Off-plan medianAED 1,266,000AED 1,820 per sq ft
Sales626
Can't check this price
2-bed apartment
Off-plan medianAED 2,043,000AED 1,688 per sq ft
Sales226
Sales from Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from priceRent ÷ price
6.4%
Net yield at the from price(Rent − service charge) ÷ (price + DLD fee)
5.3%
Typical gross yield of similar ready homes
7.6%
Median rent of 1-bed apartments in DAMAC Hills
AED 73,000 a year
Service charge a year, from the keysThe area median, AED 3 per sq ft from 21 buildings, as of 2023, for the smallest home (3,164 sq ft)
AED 9,492
Rent contracts counted
817
Rented between
Apr 1, 2025 and Mar 31, 2026
1-bed apartment
AED 73,000 a year
2-bed apartment
AED 120,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 73,000 ÷ AED 1,142,000 = 6.4%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
Jebel Ali School950 m, 17 min walkSchool
South View School1.3 km, 3 min driveBritish school
Dwight School Dubai2.9 km, 8 min driveIB school
JSS International School7.4 km, 12 min driveIndian school
Joud Boulevard East3.5 km, 7 min driveMall
Trump International Golf Club, DAMAC Hills1.3 km, 4 min driveGolf
Damac District is a DAMAC Properties project in DAMAC Hills with 1- and 2-bedroom apartments from AED 1,142,000 and a listed handover of September 2029. The listed sizes do not match each other, so check the floor plans before you compare prices.
Start with the sizes. The listing gives a range of 3,164 to 6,588 sq ft for one- and two-bedroom apartments, but elsewhere it gives about 740 sq ft for one bedroom and 1,221 sq ft for two. Both figures sit outside that range. Ask DAMAC for the floor plan and the exact area of your unit, because the price per square foot depends on it.
The plan is 20% on booking, 40% during construction and 40% at handover. At the from price that is AED 228,400 on booking and AED 456,800 during the build, so AED 685,200 is paid before handover. The last AED 456,800 is due at handover, listed for September 2029. Separately, the 4% DLD fee comes to AED 45,680; ask when it is due. The listing gives no dates for the construction payments, so ask how they are spread.
DAMAC describes the project as a mix of apartments and office space. Listed features include a shared pool, a children's pool, a gym, built-in wardrobes and balconies. Ask how the residential and office parts are separated, and which facilities residents share with office users. The ownership is freehold.
A Medcare medical centre is about 460 m away, around a 7-minute walk. Jebel Ali School is about 940 m away and South View School about 1.3 km, each a few minutes by car. Trump International Golf Club, DAMAC Hills is about 1.3 km away. Jumeirah Golf Estates Metro Station is about 8.6 km away, around 16 minutes by car, and Jumeirah Lakes Towers about 22 minutes.
The developer's plans. Sizes and layouts can change; ask the developer for the plan of the exact unit you're looking at.
1 BR
2 BR
How prices moved
Median price of 1-bed apartments in DAMAC Hills, over the 12 months to each dateUp 10% from Dec 2024 to Sep 2026.
Dec 2024AED 1,654 per sq ft
Sep 2026AED 1,820 per sq ft
Show as tableShow as chart
12 months to
Median price
Sales
Sep 2026
AED 1,820 per sq ft
626 sales
Jun 2026
AED 1,814 per sq ft
504 sales
Mar 2026
AED 1,821 per sq ft
482 sales
Dec 2025
AED 1,816 per sq ft
441 sales
Sep 2025
AED 1,625 per sq ft
185 sales
Jun 2025
AED 1,626 per sq ft
162 sales
Mar 2025
AED 1,736 per sq ft
228 sales
Dec 2024
AED 1,654 per sq ft
535 sales
Off-plan sales only.
Questions about this project
Can foreigners buy here?
Yes. The listing gives the ownership as freehold, so foreign buyers can own outright.
How big are the apartments?
The listing is not consistent. Its size range of 3,164 to 6,588 sq ft does not match the 740 and 1,221 sq ft it also gives for one and two bedrooms. Check the floor plan of your unit.
When is handover?
The listed handover is September 2029.
What is due before handover?
60% of the price: AED 228,400 on booking and AED 456,800 during construction at the from price. Another AED 456,800 is due at handover. Separately, the 4% DLD fee comes to AED 45,680; ask when it is due.
Is the project only homes?
No. DAMAC describes it as apartments alongside office space, so ask how the residential and office parts are separated.
What is nearby?
A Medcare medical centre is about 460 m away and Jebel Ali School about 940 m. Jumeirah Golf Estates Metro Station is about 16 minutes by car.
