Properties for sale in Damac Hills

Property for sale in Damac Hills

Property in Damac Hills for investment and living is situated within one of the clusters of the expansive Dubailand area. Developed by one of the largest developers in the UAE, Damac Properties, the area boasts 11,800 residential units, including over 3,000 villas in Dubai and more than 5,000 apartments with 1–5 bedrooms. The community is part of the freehold zones, which authorizes the process of buying property in Damac Hills for foreigners. Houses and apartments in Dubai within this community are suitable for relocation and can be considered potentially lucrative investments to combat inflation and increase income.

The cost of property in Damac Hills depends on the specific type, number of rooms and area. The average apartment prices are as follows:

• Studios - AED 600,000 (USD163,500)
• 1-bedroom apartments - AED 870,000 (USD 237,000)
• 3-bedroom apartments - AED 1.6 million (USD 435,500)
• 4-bedroom apartments - AED 2.5 million (USD 680,500)

Villas start at AED 2.3 million (USD 626,000) for a 4-bedroom home. Luxury property prices in Damac Hills are above average. For instance, a 1259 square metre, 5-bedroom villa sells for AED 18 million (USD 4.9 million).

Lifestyle in Damac Hills

Properties in Damac Hills, UAE, are strategically located near the D63 and D61 highways, ensuring swift access to any part of the city. Residents can easily reach well-known locations such as the Mall of the Emirates, Burj Al Arab Hotel, Dubai Marina Mall, Jumeirah Beach and other popular attractions within a 20–30-minute drive. DXB International Airport is reachable within a 35–40 minute drive. Additionally, the community is close to business centres such as Dubai Internet City and Dubai Media City, making it attractive to businessmen.

The predominant mode of transport in the community remains private vehicles. However, metro stations in neighbouring areas can be reached within a 15-minute drive.

The community offers extensive green spaces, golf courses and other amenities for an active and enjoyable lifestyle. Designed with families in mind, the area boasts a variety of educational, medical and recreational facilities nearby. The community is home to the CreaKids nursery, while Blossoms and Wonder Years preschools are within just a 10-minute drive. Secondary education is available at Jebel Ali School, which is a similar distance away.

For shopping, residents can visit the recently opened Damac Mall, which houses 40 shops, 10 restaurants, a gym, recreational facilities and a medical centre. Branches of popular retail chains such as Carrefour, Viva and Spinneys are also nearby.

The parish boasts a well-developed network of restaurants, not only within the shopping centre but also scattered throughout various parts of the area and neighbouring communities. Popular choices include Tuk Tuk for Thai cuisine, Taqado for Mexican dishes and Chez Sushi for Japanese fare. Additionally, fast food options like McDonald's and Subway are readily available.

The main attraction of the area is the Trump International Golf Club, considered one of the best in the world, offering not only a golf course but also the Trump Clubhouse featuring restaurants, state-of-the-art pools and sports facilities.

Although the cluster does not have direct access to the sea, this is easily compensated for by the artificial beach, Malibu Bay, which features a wave pool 1.5 times the size of a professional hockey arena. Visitors can enjoy ice skating, a children's water park, a skate park and delicious food from a food truck. The nearest beaches, Jumeirah Beach and Al Sufouh Beach in the neighbouring communities, are within a 20-minute drive.

Investment real estate in Damac Hills

Apartments and houses in the popular area are in high demand, investing in real estate in Damac Hills for expats a lucrative option. You can buy property in Dubai at the start of sales and resell it upon completion, making a profit of 20–30%. As the area is still under development, there is a wide range of projects under construction. Completed properties also continue to appreciate. In 2023 alone, the cost of apartments in the emirate rose by an average of 4.6%, while villas increased by 22%.

You can also adopt a long-term investment strategy and generate income by renting out your property in Damac Hills. The return on investment for residences in the community is 8.7% per annum, while for villas,  it reaches 9.1%. These figures exceed the city average. It’s not necessary to be in the UAE to earn an income as many local agencies offer property management services. It's important to note that individual income is not subject to tax, ensuring that the owner receives a net profit.

Profitable to buy property in Damac Hills

On the website, you’ll find current prices of real estate for sale in Damac Hills. The catalogue includes listings from developers and estate agents for sale covering all areas of the city. The convenient search filter system enables you to find and purchase property in any popular location. The database is regularly updated and includes final prices. Specialists are always available to assist with the selection of relocation or investment properties.