officially Al Hebiah Third
AED 1,786/sqft
August 2026 · 129 sales
-1.3%
-0%
67%
Last 12 months · 1,426 sales
7.2%
Ready homes, last 12 months · 471 sales · 2,497 tenancy contracts, new lets and renewals
33
Registered DLD sales · medians, not estimates · how we compute this
A typical residential sale here is AED 1,244,800 for about 693 sqft in the last 12 months (1,426 sales); across all 9,682 recorded sales the median is AED 874,000.
Ready-home prices here have moved -1.3% across the 120 months (Aug 2016 – Aug 2026) of Land Department records we hold — a pace of -0% a year if it continued.
That is the whole 120 months of records for this area, expressed as an annual pace. It averages across every cycle in that period, so it describes the long run rather than the market today. Treat it as history, not a forecast.
Comparing a launch price against a resale price without separating them is the most common way Dubai price-per-square-foot figures mislead.
Off-plan
AED 1,393/sqft
5,715 recorded sales
Ready
AED 1,146/sqft
3,967 recorded sales
Off-plan trades 22% above completed homes here. A single blended figure would sit between the two and describe neither.
Median size and price for every bedroom count with at least 15 recorded sales. Dubai Land Department records a room count on nearly every sale, so this is a breakdown of real transactions rather than an estimate. The headline price is the last 12 months; the median across every sale on record sits under it.
Rent is matched to homes by bedroom count where Ejari records one, which most contracts do, and by floor area where it does not — each row says which. Every figure is the median of registered new lets: a renewal is capped under Decree 43 of 2013 and sits below what the same home lets for today.
| Size | Typical home | Price, last 12 months · ready and off-plan | Per sqft, all years | Typical rent | Sales, all years |
|---|---|---|---|---|---|
| Studio | 424 sqft | AED 600,000 270 sales all years AED 560,000 | AED 1,293/sqft | AED 46,000/yr 800 tenancies | 3,024 |
| 1 bed | 699 sqft | AED 1,232,435 826 sales all years AED 964,800 | AED 1,338/sqft | AED 70,000/yr 825 tenancies | 4,691 |
| 2 beds | 1,332 sqft | AED 2,022,720 309 sales all years AED 1,687,560 | AED 1,222/sqft | AED 120,000/yr 206 tenancies | 1,563 |
| 3 beds | 2,346 sqft | AED 2,950,000 21 sales all years AED 2,200,000 | AED 920/sqft | AED 167,500/yr 44 tenancies | 404 |
Every other figure on this page is about homes that sold. This is the standing stock, from the Land Department’s unit register.
Registered units
7,985
In Damac Hills, from the Land Department's register of flats.
Freehold
100%
Every unit in Damac Hills with a recorded type is freehold, so foreign ownership is permitted throughout.
Typical size
680 sqft
Median of the 7,985 units that record one.
By size of home
Apartments, stacked townhouses and commercial units. Villas are not in this dataset.
From 4,096 tenancy contracts registered with Ejari in the last 12 months — agreed rents, not advertised ones.
Typical annual rent
AED 70,000/yr
for ~794 sqft
Rent per sqft
AED 96/sqft
per year
Renewals
39%
of contracts
Contracts
4,096
last 12 months
What it costs to rent here
Median annual rent, by size of home.
Matched to tenancies by bedroom count where Ejari records one — most contracts do — and by floor area where it does not; the table below says which for each row. Renewing tenants pay about 6% less per sqft than someone signing a new lease here.
A year’s rent against what completed homes of that size actually sold for in Damac Hills over the same twelve months — both from registered records. Off-plan sales are left out of the price, because rent is paid on built homes and off-plan sells at a premium.
| Size | Costs now, ready | Rents for | Gross yield | Ready sales, 12m |
|---|---|---|---|---|
| Studio | AED 575K | AED 46,000/yrby bedroom · 800 new lets | 8.0% | 189 |
| 1 bed | AED 1M | AED 70,000/yrby bedroom · 825 new lets | 7.0% | 199 |
| 2 beds | AED 1.81M | AED 120,000/yrby bedroom · 206 new lets | 6.6% | 64 |
| 3 beds | AED 2.9M | AED 167,500/yrby bedroom · 44 new lets | 5.8% | 19 |
The best gross yield here is on a studio at 8.0%. Smaller homes almost always yield more than larger ones — they cost proportionally less and rent for proportionally more.
Why this is lower than yields quoted elsewhere
The usual shortcut divides today’s rent by an average price — and in a market that has risen as far as Dubai’s, the average is a historical price. On that arithmetic a 2 beds here reads 7.1% instead of 6.6%, because it prices the home at AED 1.69M — the median across every sale on record — rather than the AED 1.81M a completed one costs today. Every figure above uses the same twelve months, and completed homes only, on both sides.
What it returns after service charges
Starting from the middle filed owners-association budget in this area — AED 5/sqft across 21 buildings, most recently filed for 2023. Charges have risen since then, so replace it with your own invoice if you have one. How to check it.
| Size | Charge / year | Rent after it | Gross | Net |
|---|---|---|---|---|
| Studio | AED 2,121 | AED 43,880 | 8.0% | 7.6% |
| 1 bed | AED 3,493 | AED 66,507 | 7.0% | 6.7% |
| 2 beds | AED 6,660 | AED 113,340 | 6.6% | 6.3% |
| 3 beds | AED 11,731 | AED 155,769 | 5.8% | 5.4% |
Still not the final number: agency commission on re-letting, and any month the home sits empty, both come out of net rent too. This subtracts the service charge only, because it is the one cost that is the same every year whether or not the home is let.
Gross yield: rent before costs. Service charges, agency commission, and any month the home sits empty all come out of it — in Dubai the service charge alone is commonly a fifth to a third of the rent, so treat these as the ceiling rather than the return.
a studio rents for a median AED 46,000/yr, a 1-bedroom for AED 70,000/yr, a 2-bedroom for AED 120,000/yr, a 3-bedroom for AED 167,500/yr. These are medians of tenancy contracts registered with Ejari in Damac Hills over the last twelve months — what tenants agreed to pay, not advertised asking rents. Rent is matched to homes by bedroom count where Ejari records one — most contracts do — and by floor area where it does not; each row on this page says which.
The median residential sale price in Damac Hills was AED 1,786/sqft in August 2026, from 129 sales registered that month. Over the last 12 months a typical home here sold for about AED 1.24M and measured about 693 sqft (1,426 sales). These are medians of sales actually registered with the Dubai Land Department, not of asking prices.
Gross yields on ready homes in Damac Hills run about 8.0% on a studio apartment, 7.0% on a 1-bedroom apartment, 6.6% on a 2-bedroom apartment, 5.8% on a 3-bedroom apartment, dividing a year of registered rent by what completed homes of that size actually sold for over the same twelve months. Smaller homes yield more. These are gross figures: service charges, agency commission and void periods are not deducted, and in Dubai the service charge alone commonly takes a fifth to a third of the rent.
Yes. Every unit in Damac Hills whose tenure is recorded in the Land Department's register is freehold, so foreign nationals may own property here outright. The register holds 7,985 units for the area.
Ready homes in Damac Hills sold for a median AED 1,335/sqft in Q2 2026 (83 sales), against AED 1,238/sqft in Q3 2024 (155 sales): +7.8% across those quarters. By quarter, the ready-home median was AED 1,238/sqft in Q3 2024, AED 1,271/sqft in Q4 2024, AED 1,300/sqft in Q1 2025, AED 1,148/sqft in Q2 2025, AED 1,346/sqft in Q3 2025, AED 1,365/sqft in Q4 2025, AED 1,383/sqft in Q1 2026, AED 1,335/sqft in Q2 2026. Off-plan registrations ran at AED 1,747/sqft in Q2 2026 (109 registrations) and are never pooled with ready homes here. These are medians of registered sales, not an index: a quarter's move against the one before it partly reflects which homes sold, and registrations for Q2 2026 are still being filed.
67% of the 1,426 sales registered in Damac Hills in the last 12 months were off-plan, and the rest were completed homes. The two trade at different prices, so a single blended price per square foot for the area would describe neither.
Median registered sale price per sqft in Damac Hills, by calendar quarter of the transaction date, ready homes and off-plan registrations kept apart. Complete quarters only; a quarter's median prints on 60 or more sales.
| Quarter | Ready homes · median per sqft | vs a year earlier | Off-plan · median per sqft |
|---|---|---|---|
| Q3 2024 | AED 1,238/sqft155 sales | +19.1% | —51 registrations, under the 60 floor |
| Q4 2024 | AED 1,271/sqft166 sales | +10.7% | —51 registrations, under the 60 floor |
| Q1 2025 | AED 1,300/sqft160 sales | +11.5% | —48 registrations, under the 60 floor |
| Q2 2025 | AED 1,148/sqft279 sales | -3.6% | AED 1,650/sqft76 registrations |
| Q3 2025 | AED 1,346/sqft153 sales | +8.8% | AED 1,656/sqft109 registrations |
| Q4 2025 | AED 1,365/sqft165 sales | +7.4% | AED 1,811/sqft408 registrations |
| Q1 2026 | AED 1,383/sqft135 sales | +6.4% | AED 1,776/sqft117 registrations |
| Q2 2026still registering | AED 1,335/sqft83 sales | +16.3% | AED 1,747/sqft109 registrations |
Ready-home median +7.8% from Q3 2024 (AED 1,238/sqft, 155 sales) to Q2 2026 (AED 1,335/sqft, 83 sales).
Q2 2026 holds 83 ready sales against about 151 in each of the three quarters before it: registrations for it are still being filed, and its median will settle in later months.
A median is not an index: it moves when the mix of what sold moves, and a single quarter's move against the one before it reverses the next quarter about half the time on this register. Read the level, its sample, and the change against the same quarter a year earlier.
Every registered residential sale in this area by month, ready homes and off-plan together, so this is the history of what sold rather than a rate. The newest month is still being registered and will move. The rates on this page read ready homes alone.
744 mortgage procedures were registered here in the last 12 months. These are registrations, not buyers: the register files a loan as its own entry and does not link it to a sale, so this cannot tell you what share of purchases were financed.
A modification is an existing borrower changing terms and a transfer is a loan moving between lenders; neither is a new purchase. Counted from the procedure the Land Department recorded on each registration.
Closest to Damac Hills on median price per square foot. Areas with fewer than 10 recorded sales are left out, because a median drawn from a handful of deals is not worth comparing against.
Each has at least twenty sales on record, so its own median means something. Ordered by how much has traded.
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