Damac Hills-Park Residences 1: Prices, Rents and Recent Sales

Updated 4 October 2026 · Source: Dubai Land Department records · All Dubai area guides

How much does it cost to buy or rent in Damac Hills-Park Residences 1?

Tenants paid a median of AED 185,000 a year over the past 6 months (173 Ejari contracts) and AED 190,000 over 12 months (259 contracts).

Source: DLD-recorded sales and Ejari contracts for Damac Hills-Park Residences 1, Al Hebiah Third. "6 months" and "12 months" mean the 6 and 12 months to the latest data.

Damac Hills-Park Residences 1 at a glance

Developer, district and sales from Dubai Land Department records; status from registered Ejari leases; sizes are the typical registered unit size of each type.

Rents in Damac Hills-Park Residences 1

Over the past 6 months, 173 rent contracts were registered here, with a median of AED 185,000 a year (about AED 15,417 a month) and half paying between AED 170,000 and AED 210,000. Over 12 months the median was AED 190,000 across 259 contracts. The range covers every unit size in the building, so a studio and a 3-bedroom sit in the same figures.

Source: DLD Ejari rent contracts (new and renewed) registered in the 6 and 12 months to 7 October 2026.

How prices have moved around Damac Hills-Park Residences 1

The median price per sq ft across DAMAC Hills went from AED 1,323 in Q4 2024 to AED 1,783 in Q3 2026, up 34.8%, and up 18.9% on the same quarter a year earlier.

District figures: DLD-recorded sales across Al Hebiah Third, quarters with at least 10 sales. A building-level chart replaces this once enough quarterly data is loaded.

Location: what's near Damac Hills-Park Residences 1

• Metro: Jumeirah Golf Estates (8.9 km)
• Schools: GEMS Metropole School Motor City (1.9 km), Jebel Ali School (1.9 km), Ranches Primary School (2.2 km)
• Hospitals: Mediclinic Springs (8.7 km), Kings Hospital (9.6 km)
• Malls: Joud Boulevard East (2.7 km), Arabian Ranches Community Center (3.9 km)
• Beach: Marina Beach Dubai (13.4 km)
• Park: Damac Hills Park (1.1 km)
• Airports: Dubai International Airport (27.7 km), Al Maktoum International Airport (15.3 km)

Straight-line distances from the centre of DAMAC Hills, not from the building itself; driving distances are longer. Map data © OpenStreetMap contributors.

How Damac Hills-Park Residences 1 compares with the wider DAMAC Hills district

The district's gross rental yield was 5.6% in the same report. Damac Hills-Park Residences 1 is by Damac Crescent Properties, and DLD recorded 90 sales in the project over the past 24 months.

Market reports

For the wider picture, read our monthly reports built from the same DLD records.

• Dubai market report, August 2026: Prices firm as volume slips in August. A pause, or a turn?

Before you buy in Damac Hills-Park Residences 1

• Ask for the service charge per sq ft and the last two years of statements.
• Check whether the unit is ready or off-plan. For off-plan, get the handover date and payment plan in writing.
• Compare the asking price with recorded sales in the same building, not just the area median.
• Get mortgage pre-approval before you make an offer, so you know your real budget.

Questions buyers and owners ask

What is the rent in Damac Hills-Park Residences 1?

The median annual rent was AED 185,000 across 173 Ejari contracts in the past 6 months, and AED 190,000 across 259 contracts over 12 months. Half of those leases fell between AED 170,000 and AED 210,000.

Who developed Damac Hills-Park Residences 1?

Damac Crescent Properties, according to the DLD project register.

Which area is Damac Hills-Park Residences 1 in?

DLD records it in Al Hebiah Third, the district that covers DAMAC Hills.

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