Investment · DAMAC Hills

DAMAC Hills Investment Checklist

The due-diligence checklist to run before you commit to a DAMAC Hills purchase.

Price per sqft

AED 1,500 per sqft

1-bed rent

AED 90,000/yr

Gross yield

7–8%

Short-let occupancy

66%

Before you offer

Verify the title deed and service-charge history, check the OA's holiday-home stance, pull comparable transactions from the DLD, confirm chiller arrangement, and inspect the actual view line rather than the brochure render.

Run the numbers

At AED 1,500 per sqft and 7–8%, model both AED 90,000 long-term and AED 124,786 short-let scenarios against your AED 1,170,000 entry, with 6–7% transaction costs included.

DAMAC Hills at a glance

DAMAC Hills is a golf community of villas and apartments with resort-style amenities. Buying sits at AED 1,500 per sqft — roughly AED 1,170,000 for a standard one-bedroom — while long-term tenants pay about AED 90,000 a year. Hosted as a licensed holiday home, the same unit averages AED 518 a night at 66% occupancy, around AED 124,786 gross. Owners on our managed programme average AED 172,205 — a 38% uplift.

Frequently asked questions

What is the biggest mistake buyers make in DAMAC Hills?

Paying a prime per-sqft price for a compromised view or a tower with an above-average service charge.

Should I use an agent?

Use a RERA-registered brokerage — the 2% fee usually pays for itself in negotiation and diligence.