Damac Hills · Ready · 54% of recent sales are studios
Studios resell for about AED 600k and rent for AED 43k a year.
At a glance
From 25 resales in the last 12 months.
From 28 new leases in the last 3 months. Renewing tenants pay about AED 50k.
Less than studios across Damac Hills, at 7.5%.
About as many resales as the typical similar building.
What brings you here?
AED 600k
That's the typical price. 15 of the 25 studios resold here in the last year went for AED 570k to AED 615k. Got an asking price? Enter it below to see how it compares.
Each dot is a real sale here in the last 12 months.
AED 570k
7 of the 25 studios resold here in the last year went for this or less. Start here and leave room to move.
Based on the typical studio here at AED 600k, and renting a studio here for AED 43k a year.
The mortgage is AED 874 a month less than renting.
Before service charges and any change in price.
AED 166k
Over 5 years, buying costs about AED 148k in fees and interest. Renting costs about AED 213k.
Fees: DLD transfer fee 4% plus AED 580; trustee fee AED 4,000 plus VAT; mortgage registration 0.25% of the loan plus AED 290; agency fee 2% plus VAT; bank valuation about AED 3,000. Up to 80% loan for a first home up to AED 5M. Your bank sets your rate.
7.1%
A year's rent, about AED 43k, as a share of the price, before service charges. Studios across Damac Hills earn 7.5%.
2 a month
That's how often a studio resells here. The building has about as many resales as the typical similar building nearby.
No clear move
Only 3 resales in the building in the last 3 months, too few to call a direction.
Each dot is a studio sale here. The line is the going rate: every extra sq ft adds about AED 471. Dots well above the line sold for more than their size explains, so ask what made them worth it.
AED 45k less
Studios at Damac Hills Carson cost AED 555k and rent for AED 40k. That's a 7.2% return, against 7.1% here. Below: 1 cheaper building that earns more.
AED 1.03M
That's the typical price. 5 of the 11 1-bedrooms resold here in the last year went for AED 964k to AED 1.15M. Got an asking price? Enter it below to see how it compares.
Each dot is a real sale here in the last 12 months.
AED 964k
3 of the 11 1-bedrooms resold here in the last year went for this or less. Start here and leave room to move.
Based on the typical 1-bedroom here at AED 1.03M, and renting a 1-bedroom here for AED 72k a year.
The mortgage is AED 1,400 a month less than renting.
Before service charges and any change in price.
AED 278k
Over 5 years, buying costs about AED 247k in fees and interest. Renting costs about AED 358k.
Fees: DLD transfer fee 4% plus AED 580; trustee fee AED 4,000 plus VAT; mortgage registration 0.25% of the loan plus AED 290; agency fee 2% plus VAT; bank valuation about AED 3,000. Up to 80% loan for a first home up to AED 5M. Your bank sets your rate.
7.0%
A year's rent, about AED 72k, as a share of the price, before service charges. 1-bedrooms across Damac Hills earn 7.1%.
1 a month
That's how often a 1-bedroom resells here. The building has about as many resales as the typical similar building nearby.
No clear move
Only 3 resales in the building in the last 3 months, too few to call a direction.
Each dot is a 1-bedroom sale here. The line is the going rate: every extra sq ft adds about AED 863. Dots well above the line sold for more than their size explains, so ask what made them worth it.
AED 90k less
1-bedrooms at Damac Hills Carson cost AED 940k and rent for AED 68k. That's a 7.2% return, against 7.0% here. Below: 1 cheaper building that earns more.
Not enough deals yet
Only 9 sold here in the last year, too few for a fair range. Across Damac Hills, a 2-bedroom resells for about AED 1.79M.
AED 100k a year
Based on 14 new leases here in the last 3 months.
AED 43k a year
That's the typical new studio rent here. Of the 28 new leases in the last 3 months, 20 signed for AED 40k to AED 46k. Enter your quote to check it.
Each dot is a real new lease here in the last 3 months.
AED 43k
Renewing tenants here pay about AED 50k. New tenants pay AED 7k less for the same studio, so ask to match them.
Hi, I'd love to renew. In the last 3 months, 28 new studio leases in Damac Hills Artesia have been registered with the Dubai Land Department, at about AED 42,500 a year. Could we renew at that rate?
No clear move
Only 28 new studio leases in the last 3 months, too few to call a direction.
2 a week
That's how often a new studio lease is signed here, from 28 new leases in the last 3 months.
14 years
of rent at AED 43k equals the typical studio price, AED 600k, before fees and service charges.
You'd pay about AED 43k a year to rent a studio here. Here's what owning a studio here would cost each month, and the cash you'd need first.
AED 166kthen AED 2,668 a month
Owning would cost you AED 874 a month less than renting, before service charges, once you've put down AED 166k.
Fees: DLD transfer fee 4% plus AED 580; trustee fee AED 4,000 plus VAT; mortgage registration 0.25% of the loan plus AED 290; agency fee 2% plus VAT; bank valuation about AED 3,000. Up to 80% loan for a first home up to AED 5M. Your bank sets your rate.
2 buildings
nearby sign new studio leases under AED 43k. Here's the typical rent at each building over the last 3 months.
AED 72k a year
That's the typical new 1-bedroom rent here. Of the 18 new leases in the last 3 months, 11 signed for AED 62k to AED 75k. Enter your quote to check it.
Each dot is a real new lease here in the last 3 months.
1 a week
That's how often a new 1-bedroom lease is signed here, from 18 new leases in the last 3 months.
14 years
of rent at AED 72k equals the typical 1-bedroom price, AED 1.03M, before fees and service charges.
You'd pay about AED 72k a year to rent a 1-bedroom here. Here's what owning a 1-bedroom here would cost each month, and the cash you'd need first.
AED 278kthen AED 4,558 a month
Owning would cost you AED 1,400 a month less than renting, before service charges, once you've put down AED 278k.
Fees: DLD transfer fee 4% plus AED 580; trustee fee AED 4,000 plus VAT; mortgage registration 0.25% of the loan plus AED 290; agency fee 2% plus VAT; bank valuation about AED 3,000. Up to 80% loan for a first home up to AED 5M. Your bank sets your rate.
2 buildings
nearby sign new 1-bedroom leases under AED 72k. Here's the typical rent at each building over the last 3 months.
AED 100k a year
That's the typical new 2-bedroom rent here. Of the 14 new leases in the last 3 months, 6 signed for AED 92k to AED 104k. Enter your quote to check it.
Each dot is a real new lease here in the last 3 months.
AED 100k
Renewing tenants here pay about AED 103k. New tenants pay AED 3k less for the same 2-bedroom, so ask to match them.
Hi, I'd love to renew. In the last 3 months, 14 new 2-bedroom leases in Damac Hills Artesia have been registered with the Dubai Land Department, at about AED 100,000 a year. Could we renew at that rate?
1 a week
That's how often a new 2-bedroom lease is signed here, from 14 new leases in the last 3 months.
Move the slider to your size.
AED 600k
Apartments this size here usually sell for AED 543k to AED 607k.
AED 43k
That's the typical new studio rent here. 7 of the 28 new leases paid over AED 46k. Ask more if yours is high up or upgraded.
Start from the typical studio price here, AED 600k. Enter what's left on your mortgage to see what reaches your account.
AED 600k
Your developer also charges for the no-objection certificate, often AED 500 to 5,000.
No clear move
Only 3 resales in the building in the last 3 months, too few to call a direction.
2 a month
Studios resell here at about this pace. The latest 3:
7.1%
That's a year's rent against today's price, before costs. Studios across Damac Hills earn 7.5%.
Move the slider to your size.
AED 1.03M
Apartments this size here usually sell for AED 975k to AED 1.14M.
AED 72k
That's the typical new 1-bedroom rent here. 2 of the 18 new leases paid over AED 75k. Ask more if yours is high up or upgraded.
Start from the typical 1-bedroom price here, AED 1.03M. Enter what's left on your mortgage to see what reaches your account.
AED 1.03M
Your developer also charges for the no-objection certificate, often AED 500 to 5,000.
No clear move
Only 3 resales in the building in the last 3 months, too few to call a direction.
1 a month
1-bedrooms resell here at about this pace. The latest 3:
7.0%
That's a year's rent against today's price, before costs. 1-bedrooms across Damac Hills earn 7.1%.
Not enough deals yet
Only 9 sold here in the last year, too few for a fair range. Across Damac Hills, a 2-bedroom resells for about AED 1.79M.
AED 100k a year
Based on 14 new leases here in the last 3 months.
3 of the 3 others
in Damac Hills earn a higher return than Damac Hills Artesia. Across the building as a whole it costs AED 1,274 per sq ft and earns 6.8%. The typical building in Damac Hills costs AED 1,335 per sq ft and earns 7.0%.
Each month's price per sq ft, from resales. Across Damac Hills, prices are down 4% on a year ago.
Here are other buildings nearby and what a 2-bedroom costs in each.
Quick answers, from the same deals as the rest of this page.
About AED 600k on resale; 15 of 25 sold for AED 570k to AED 615k.
About AED 43k a year on a new lease and AED 50k on a renewal.
About 7.1% gross on a studio, before service charges.
About the same as the typical similar building: 45 resales in 12 months.