How the cap works
If your current DAMAC Hills rent is 11–20% below market, the landlord may raise it 5%; 21–30% below allows 10%; 31–40% allows 15%; more than 40% below allows 20%. Within 10% of market, no increase is permitted.
Checking your position
The Dubai REST app's rental index gives the official market figure for your building. With one-beds in DAMAC Hills around AED 90,000, that is the number your increase is measured against.
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.
