Building · Damac Hills

Properties for sale in Damac Gems Estates 1

Nothing for sale here with McCone right now — 39 sales are on record at the Dubai Land Department, below.

Recorded rents and gross yield for Damac Gems Estates 1

Median sale price
AED 22M
26 sales · the last three years
Median per sq ft
AED 1,760
+4.3% on the year before
Last recorded sale
February 2026
Registered at the DLD
Sales on record
39
Since 2022

The recorded market

Price per square foot, by year

The median of every sale registered at the Dubai Land Department here. Not asking prices.

1,687
1,824
1,592
1,859
1,844
20222023202420252026

The low was 2024 at AED 1,592 a square foot, and it has recovered 16% since. It is still 1% below its 2025 peak.

Every sale, as registered

Recent sales in Damac Gems Estates 1

The last transfers recorded at the Dubai Land Department, newest first.

DateLayoutSizePricePer sq ft
23 Feb 202611,81822,860,8001,934
13 Jan 20263,7676,608,1601,754
26 Nov 202512,70622,128,3001,742
21 Oct 202515,80721,500,0001,360
15 Oct 202512,82821,914,4701,708
11 Sept 202513,32824,277,5401,822
21 Aug 202512,60624,311,4301,928
13 Aug 202512,70624,095,2601,896
22 Jul 202511,73823,810,0802,029
11 Jul 20258,52517,725,2602,079
7 Jul 202510,25718,111,3801,766
7 Jul 202511,29618,228,2401,614

How often it trades

Sales per year

Off-plan sales dominate a building’s first years; resales take over after handover.Off-planResale

11
2
12
12
2
20222023202420252026

Of the 39 sales on record, 0 were bought off-plan from the developer and 39 were resales of a finished home. The 2026 bar is part-year.

Where these numbers come from. Every figure on this page is drawn from the Dubai Land Department’s transaction register, read directly from the Dubai Data Exchange. It is what buyers actually paid, recorded at transfer — not asking prices, not valuations, not our own estimates. Mortgage registrations, gift transfers, rent-to-own contracts and developers’ own filings are all excluded; none of them is a price a buyer paid. Medians are used rather than averages so one unusual sale cannot move the number. Data through 2 Sept 2026.

We are not marketing anything in Damac Gems Estates 1 today, but we know it and we hear about homes before they list. Tell us what you are after.