DAMAC Hills Q1 2023 Market Report

The haus & haus property experts have put together this market report with complete insights, trends, and stats for Q1 2023. Get ready to make informed decisions in the market.

With a large variety of villas, apartments, and exclusive amenities, DAMAC Hills is a prestigious golf community with a strong focus on comfort and wellbeing. It includes gardens, lakes, skate parks, a football field, and more. With turnkey properties selling at premium prices in Q1, we saw an inflow of investors buying vacant homes to flip.

The overall costs have been stable, with most new buyers being former tenants from other communities who have likely noticed that DAMAC Hills is a more accessible alternative. As rental yields stand at 6.8%, 75% of rentals in Q1 were renewals.