officially Al Hebiah Third
AED 1,786/sqft
+40.0%
+3%
60%
5.4%
33
A typical residential sale here is AED 870,000 for about 674 sqft, from 10,357 recorded sales.
Prices here have moved +40.0% across the 156 months (Aug 2013 – Aug 2026) of Land Department records we hold — a pace of +3% a year if it continued.
That is the whole 156 months of records for this area, expressed as an annual pace. It averages across every cycle in that period, so it describes the long run rather than the market today. Treat it as history, not a forecast.
Comparing a launch price against a resale price without separating them is the most common way Dubai price-per-square-foot figures mislead.
Off-plan
AED 1,403/sqft
6,183 recorded sales
Ready
AED 1,143/sqft
4,174 recorded sales
Off-plan trades 23% above completed homes here. A single blended figure would sit between the two and describe neither.
Median size and price for every bedroom count with at least 15 recorded sales. Dubai Land Department records a room count on nearly every sale, so this is a breakdown of real transactions rather than an estimate.
Rent is matched by size here, not bedroom count, so the column is what homes of that sizeactually let for — the question behind the question, answered from real contracts. Ejari does also carry a bedroom count on most tenancies, and the rent-by-bedroom figures on this page read that field directly.
| Size | Typical home | Typical price | Per sqft | Typical rent | Sales |
|---|---|---|---|---|---|
| Studio | 428 sqft | AED 570,000 | AED 1,307/sqft | AED 46,000/yr 800 tenancies | 3,384 |
| 1 bed | 699 sqft | AED 973,750 | AED 1,340/sqft | AED 70,000/yr 825 tenancies | 4,905 |
| 2 beds | 1,337 sqft | AED 1,700,150 |
Every other figure on this page is about homes that sold. This is the standing stock, from the Land Department’s unit register.
Registered units
7,985
In Al Hebiah Third, from the Land Department's register of flats.
Freehold
100%
Every unit in Al Hebiah Third with a recorded type is freehold, so foreign ownership is permitted throughout.
Typical size
680 sqft
Median of the 7,985 units that record one.
By size of home
From 4,179 tenancy contracts registered with Ejari in the last 12 months — agreed rents, not advertised ones.
Typical annual rent
AED 70,000/yr
for ~794 sqft
Rent per sqft
AED 96/sqft
per year
Renewals
39%
of contracts
Contracts
4,179
last 12 months
What it costs to rent here
Median annual rent, by size of home.
A year’s rent against what that size of home actually sold for in Damac Hills over the same twelve months — both from registered records.
| Size | Costs now | Rents for | Gross yield | Sales behind it |
|---|---|---|---|---|
| Studio | AED 600K | AED 46,000/yrby bedroom · 800 new lets | 7.7% | 288 |
| 1 bed | AED 1.23M | AED 70,000/yrby bedroom · 825 new lets | 5.7% | 838 |
| 2 beds | AED 2.02M | AED 120,000/yrby bedroom · 208 new lets | 5.9% | 316 |
| 3 beds | AED 3.04M | AED 185,500/yrby bedroom · 382 new lets | 6.1% | 22 |
The best gross yield here is on a studio at 7.7%. Smaller homes almost always yield more than larger ones — they cost proportionally less and rent for proportionally more.
a studio rents for a median AED 46,000/yr, a 1-bedroom for AED 70,000/yr, a 2-bedroom for AED 120,000/yr, a 3-bedroom for AED 185,500/yr. These are medians of tenancy contracts registered with Ejari in Damac Hills over the last twelve months — what tenants agreed to pay, not advertised asking rents. This table matches rent to homes by floor area, which every Ejari contract records. Ejari carries a bedroom count on most contracts too, and the rent-by-bedroom figures on this page read that field rather than inferring it from size.
Closest to Al Hebiah Third on median price per square foot. Areas with fewer than 10 recorded sales are left out, because a median drawn from a handful of deals is not worth comparing against.
Damac District
Damac Crescent Properties
Damac Hills - Richmond
Damac Crescent Properties
Damac Hills - Topanga
Damac Crescent Properties
Damac Hills - Artesia
Damac Crescent Properties
Damac Hills - Autograph Collection
Damac Crescent Properties
Damac Hills - Brookfield-1
Damac Crescent Properties
Damac Hills - Brookfield-2
Damac Crescent Properties
Damac Hills - Brookfield-3
Damac Crescent Properties
| AED 1,230/sqft |
| AED 120,000/yr 208 tenancies |
| 1,648 |
| 3 beds | 2,339 sqft | AED 2,200,000 | AED 930/sqft | AED 185,500/yr 382 tenancies | 420 |
Apartments, stacked townhouses and commercial units. Villas are not in this dataset.
Matched to tenancies by floor area, so this is what homes of each size actually let for. Ejari does also record a bedroom count on most contracts — the rent-by-bedroom table below reads that field directly. Renewing tenants pay about 7% less per sqft than someone signing a new lease here.
Why this is lower than yields quoted elsewhere
The usual shortcut divides today’s rent by an average price — and in a market that has risen as far as Dubai’s, the average is a historical price. On that arithmetic a studio here reads 8.1% instead of 7.7%, because it prices the home at AED 570K — the median across every sale on record — rather than the AED 600K it costs today. Every figure above uses the same twelve months on both sides.
What it returns after service charges
We hold no filed budget for this one, so this starts from a placeholder rather than a measurement — it’s on the service charge invoice, or on RERA’s Service Charge Index. How to check it.
| Size | Charge / year | Rent after it | Gross | Net |
|---|---|---|---|---|
| Studio | AED 6,423 | AED 39,577 | 7.7% | 6.6% |
| 1 bed | AED 10,480 | AED 59,520 | 5.7% | 4.8% |
| 2 beds | AED 20,061 | AED 99,939 | 5.9% | 4.9% |
| 3 beds | AED 35,087 | AED 150,414 | 6.1% | 5.0% |
Still not the final number: agency commission on re-letting, and any month the home sits empty, both come out of net rent too. This subtracts the service charge only, because it is the one cost that is the same every year whether or not the home is let.
Gross yield: rent before costs. Service charges, agency commission, and any month the home sits empty all come out of it — in Dubai the service charge alone is commonly a fifth to a third of the rent, so treat these as the ceiling rather than the return.
The median residential sale price in Damac Hills is AED 1,786/sqft, which works out at about AED 870K for a typical 674 sqft home. That is a median of 10,357 sales actually registered with the Dubai Land Department, not of asking prices.
Gross yields in Damac Hills run about 7.7% on a studio, 5.7% on a 1-bedroom, 5.9% on a 2-bedroom, 6.1% on a 3-bedroom, dividing a year of registered rent by what that size actually sold for over the same twelve months. Smaller homes yield more. These are gross figures: service charges, agency commission and void periods are not deducted, and in Dubai the service charge alone commonly takes a fifth to a third of the rent.
Yes. Every unit in Damac Hills whose tenure is recorded in the Land Department's register is freehold, so foreign nationals may own property here outright. The register holds 7,985 units for the area.
60% of the 10,357 registered sales in Damac Hills were off-plan, and the rest were completed homes. The two trade at different prices, so a single blended price per square foot for the area would describe neither.
AED 1,718/sqft
-4%
Damac Hills - Carson
Damac Crescent Properties