DAMAC Hills 2: property prices and rental yield
Real apartment sales and rent data for DAMAC Hills 2 (Dubai): median price per m², prices by unit type, the quarterly trend, rents, gross yield and the projects under construction.
Summary
- Median price per m² (12 months)
- 12,700 AED/m²
- Change vs previous 12 months
- −1.6%
- Apartment sales (12 months)
- 130
- Gross rental yield
- 7.6%
Prices by unit type
Median price of a whole apartment from the sales of the last 12 months (ready and off-plan together).
| Unit type | Median price | Sales |
|---|---|---|
| Studio | – | 22 |
| 1 bedroom | 660,000 AED≈ €154k | 61 |
| 2 bedrooms | 1,246,400 AED≈ €291k | 47 |
- Median price per sq ft
- 1,180 AED/sqft
- Ready (AED/m²)
- 11,358 AED/m²
- Off-plan (AED/m²)
- 13,824 AED/m²
- Off-plan share
- 46.9%
“–” means fewer than 30 sales. 1 m² = 10.764 sq ft.
Quarterly prices
Number of sales and median price per m² by quarter over the last two years.
| Quarter | Sales | Median (AED/m²) |
|---|---|---|
| Q4 2026* | 8 | – |
| Q3 2026 | 26 | – |
| Q2 2026 | 26 | – |
| Q1 2026 | 43 | 12,856 |
| Q4 2025 | 47 | 12,481 |
| Q3 2025 | 48 | 12,105 |
| Q2 2025 | 63 | 12,136 |
| Q1 2025 | 132 | 13,057 |
Medians from at least 30 sales only; past price changes do not predict future prices. * The latest quarter is not complete yet (latest data: 31 October 2026).
Rents and gross yield
- Median annual rent
- 42,000 AED
- Annual rent (AED/m²)
- 969 AED/m²
- Rent contracts
- 471
- Gross rental yield
- 7.6%
Source: apartment rent contracts registered with DLD (Ejari), 2 January 2026 – 31 October 2026. Gross yield = annual rent ÷ purchase price, from the two medians, before costs (service charges, management, vacancy); an indicative figure, not the yield of a specific apartment.
Projects in the area
According to the DLD register, 0 registered projects with 0 units in total are currently under construction in the area.
| Project | Developer | Planned handover |
|---|---|---|
| Violet 4 Phase 2 | DAMAC Properties | Q3 2027 |
| Violet 4 | DAMAC Properties | Q3 2027 |
| Violet 2 | DAMAC Properties | Q1 2027 |
| ELO 2 | DAMAC Properties | Q2 2027 |
| ELO 3 | DAMAC Properties | Q3 2027 |
| Violet 3 | DAMAC Properties | Q2 2027 |
The most recently launched projects from the developers' public data; the handover is the developer's planned date.
Nearby areas
Compare the median prices per m² of the nearby areas.
Data source and methodology
The data comes from the Dubai Land Department (DLD) open transaction and rent data. Only apartment sales count:
- Apartments of 20–1,000 m² above AED 100,000; excluding fractional shares, block deals and hotel apartments.
- An area page is only built for areas with at least 30 sales in the last 12 months; medians are only shown from at least 30 sales.
- “Last 12 months” ends at the emirate's latest recorded sale; the comparison is with the 12 months before.
Data updated: 31 October 2026
This page shows indicative market statistics; it is not a valuation or investment advice.
Frequently asked questions
How much does an apartment cost in DAMAC Hills 2?
How have prices changed in DAMAC Hills 2?
What is the rental yield in DAMAC Hills 2?
Considering buying in this area?
In a consultation we go through the real transaction data of DAMAC Hills 2 and the specific projects, so you can decide on solid ground.