Buying · DAMAC Hills

Selling Your Property in DAMAC Hills

How to price, market and close a sale in DAMAC Hills without leaving money on the table.

Price per sqft

AED 1,500 per sqft

1-bed rent

AED 90,000/yr

Gross yield

7–8%

Short-let occupancy

66%

Pricing

Price off DLD-recorded comparables in your tower, not asking prices. DAMAC Hills trades at AED 1,500 per sqft; correctly priced units go under offer in four to ten weeks, mispriced ones sit and go stale.

Marketing and closing

Professional photography, a verified Trakheesi listing, portal placement and direct buyer outreach. Then Form F, developer NOC, trustee appointment and title transfer.

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 does it cost to sell in DAMAC Hills?

2% agency commission plus an NOC fee of AED 500–5,000; no capital gains tax.

Can I sell with a tenant in place?

Yes, though vacant possession usually sells faster and for more.