# Damac Hills 2 Viridis

Damac Properties · Damac Hills 2 · Dubai

## Commercial terms

| Field | Value | Origin |
|---|---|---|
| Starting price | AED 419 000 | Our calculation |
| Units | 870 | DLD registry |
| Declared handover | Q2 2023 | Developer supplied |
| Handover in DLD registry | 26.08.2022 | DLD registry |

## Unit types

| Type | Bedrooms | Units | Size, ft² | Price from, AED |
|---|---|---|---|---|
| Studio apartments | studio |  | 385–434 | 410 000 |
| 1-bedroom apartments | 1 |  | 748–843 | 660 000 |
| 2-bedroom apartments | 2 |  | 1 095–1 106 | 860 000 |

Origin: Developer supplied

## Dubai Land Department register

| Field | Value | Origin |
|---|---|---|
| DLD project number | 1675 | DLD registry |
| Construction | 100% | DLD registry |
| DLD inspection date | 2023-04-03 | DLD registry |
| Registry status | Ready | DLD registry |
| Escrow bank | ADCB | DLD registry |

### DLD inspection history

| Date | Completion |
|---|---|
| 2016-03-14 | 2.05% |
| 2016-08-09 | 3.1% |
| 2017-01-17 | 3.9% |
| 2017-07-03 | 7.44% |
| 2018-01-09 | 20.18% |
| 2018-05-16 | 30.64% |
| 2018-10-11 | 42.82% |
| 2019-02-19 | 60.18% |
| 2019-06-19 | 64.21% |
| 2019-11-20 | 70.64% |
| 2020-07-06 | 75.4% |
| 2021-01-25 | 88.65% |
| 2021-07-04 | 94.27% |
| 2022-02-10 | 98.62% |
| 2022-09-21 | 99.11% |
| 2023-04-03 | 100% |

> Completion is recorded at a DLD technical inspection. An unchanged value between two dates means no new inspection, not a stopped site. The declared handover is the date held in the register or stated by the developer, not the actual completion.

## Registered sales (DLD)

| Field | Value | Origin |
|---|---|---|
| Sales registered, 2015–2026 | 1 180 | DLD registry |
| Median price per m², 2015–2026 | AED 10 201 | Our calculation |
| Resale share | 54% | Our calculation |
| Sales in the last 12 months | 86 | DLD registry |
| Price per m² change, last 12 months vs previous 12 | +4% | Our calculation |
| Gross rental yield | 8.2% | Our calculation |

### Medians by bedrooms, all sales 2015–2026

| Type | Deals | Median price, AED | Median size, m² | AED per m² |
|---|---|---|---|---|
| Studio | 812 | 435 116 | 39 | 11 157 |
| 1 bedroom | 212 | 661 000 | 71 | 9 310 |
| 2 bedrooms | 139 | 815 000 | 102 | 7 990 |

> Medians cover all registered sales over the whole period and are not today's asking price.

## Sales history (DLD): last 12 months, by year, by quarter

Origin: DLD registry; medians: Our calculation. Sales in total: 1 180, from 2015-12-10 to 2026-10-12. A median is shown where a period has at least 3 sales.

| Period | Sales | Median price, AED | Median AED/m² | Median AED/ft² | Resale share |
|---|---|---|---|---|---|
| **Last 12 months** | 86 | 490 000 | 11 019 | 1 024 | 100% |

### By year

| Period | Sales | Median price, AED | Median AED/m² | Median AED/ft² | Resale share |
|---|---|---|---|---|---|
| 2015 | 7 | 532 323 | 12 521 | 1 163 | 0% |
| 2016 | 353 | 522 500 | 12 933 | 1 202 | 0% |
| 2017 | 14 | 522 000 | 12 929 | 1 201 | 0% |
| 2018 | 19 | 483 000 | 12 149 | 1 129 | 0% |
| 2019 | 59 | 370 000 | 8 564 | 796 | 0% |
| 2020 | 49 | 358 000 | 8 614 | 800 | 0% |
| 2021 | 30 | 456 000 | 9 042 | 840 | 0% |
| 2022 | 66 | 383 000 | 8 643 | 803 | 85% |
| 2023 | 295 | 463 540 | 8 881 | 825 | 100% |
| 2024 | 112 | 400 000 | 9 740 | 905 | 100% |
| 2025 | 107 | 450 000 | 10 775 | 1 001 | 100% |
| 2026 | 69 | 495 439 | 10 912 | 1 014 | 100% |

### By quarter

| Period | Sales | Median price, AED | Median AED/m² | Median AED/ft² | Resale share |
|---|---|---|---|---|---|
| 2015-Q4 | 7 | 532 323 | 12 521 | 1 163 | 0% |
| 2016-Q1 | 217 | 512 050 | 12 630 | 1 173 | 0% |
| 2016-Q2 | 105 | 553 584 | 13 174 | 1 224 | 0% |
| 2016-Q3 | 16 | 523 450 | 12 963 | 1 204 | 0% |
| 2016-Q4 | 15 | 555 750 | 14 520 | 1 349 | 0% |
| 2017-Q1 | 6 | 587 100 | 14 551 | 1 352 | 0% |
| 2017-Q2 | 5 | 509 000 | 12 922 | 1 200 | 0% |
| 2017-Q3 | 3 | 483 000 | 14 597 | 1 356 | 0% |
| 2018-Q1 | 2 | — | — | — | — |
| 2018-Q2 | 7 | 487 000 | 13 230 | 1 229 | 0% |
| 2018-Q3 | 3 | 402 000 | 12 149 | 1 129 | 0% |
| 2018-Q4 | 7 | 464 000 | 12 882 | 1 197 | 0% |
| 2019-Q2 | 15 | 370 000 | 8 492 | 789 | 0% |
| 2019-Q3 | 22 | 350 000 | 8 614 | 800 | 0% |
| 2019-Q4 | 22 | 370 000 | 8 614 | 800 | 0% |
| 2020-Q1 | 27 | 358 000 | 8 564 | 796 | 0% |
| 2020-Q2 | 14 | 370 000 | 9 144 | 850 | 0% |
| 2020-Q3 | 4 | 350 000 | 9 307 | 865 | 0% |
| 2020-Q4 | 4 | 612 000 | 9 211 | 856 | 0% |
| 2021-Q1 | 1 | — | — | — | — |
| 2021-Q2 | 11 | 456 000 | 11 383 | 1 058 | 0% |
| 2021-Q3 | 8 | 369 000 | 9 020 | 838 | 0% |
| 2021-Q4 | 10 | 335 000 | 8 473 | 787 | 0% |
| 2022-Q1 | 9 | 338 000 | 8 463 | 786 | 0% |
| 2022-Q2 | 7 | 369 000 | 9 323 | 866 | 86% |
| 2022-Q3 | 22 | 623 000 | 9 617 | 893 | 100% |
| 2022-Q4 | 28 | 351 820 | 8 386 | 779 | 100% |
| 2023-Q1 | 77 | 478 240 | 8 309 | 772 | 100% |
| 2023-Q2 | 111 | 364 000 | 9 000 | 836 | 100% |
| 2023-Q3 | 67 | 573 000 | 8 889 | 826 | 100% |
| 2023-Q4 | 40 | 447 694 | 9 140 | 849 | 100% |
| 2024-Q1 | 22 | 379 000 | 9 410 | 874 | 100% |
| 2024-Q2 | 28 | 390 000 | 9 933 | 923 | 100% |
| 2024-Q3 | 36 | 400 000 | 9 726 | 904 | 100% |
| 2024-Q4 | 26 | 415 000 | 9 784 | 909 | 100% |
| 2025-Q1 | 25 | 450 000 | 10 353 | 962 | 100% |
| 2025-Q2 | 26 | 500 000 | 10 587 | 984 | 100% |
| 2025-Q3 | 32 | 450 000 | 10 970 | 1 019 | 100% |
| 2025-Q4 | 24 | 470 000 | 11 660 | 1 083 | 100% |
| 2026-Q1 | 30 | 470 000 | 11 358 | 1 055 | 100% |
| 2026-Q2 | 20 | 660 000 | 10 848 | 1 008 | 100% |
| 2026-Q3 | 17 | 597 359 | 10 764 | 1 000 | 100% |
| 2026-Q4 | 2 | — | — | — | — |

### Latest registered sales (anonymised)

| Date | Type | Size, m² | Price, AED | AED/m² | Market |
|---|---|---|---|---|---|
| 2026-10-12 | Studio | 39 | 458 004 | 11 738 | resale |
| 2026-10-06 | Studio | 35.7 | 390 000 | 10 912 | resale |
| 2026-09-22 | 2 BR | 101.5 | 1 000 000 | 9 850 | resale |
| 2026-09-18 | 1 BR | 74.7 | 750 000 | 10 042 | resale |
| 2026-09-17 | 2 BR | 101.8 | 960 000 | 9 435 | resale |
| 2026-09-09 | Studio | 39.7 | 450 000 | 11 344 | resale |
| 2026-09-09 | 2 BR | 102.7 | 920 000 | 8 955 | resale |
| 2026-09-04 | 2 BR | 101.5 | 975 000 | 9 604 | resale |
| 2026-08-31 | Studio | 52.5 | 597 359 | 11 374 | resale |
| 2026-08-25 | Studio | 39.9 | 495 439 | 12 433 | resale |
| 2026-08-24 | Studio | 39 | 420 000 | 10 764 | resale |
| 2026-08-24 | Studio | 38.8 | 425 000 | 10 945 | resale |
| 2026-08-21 | Studio | 38.8 | 482 467 | 12 425 | resale |
| 2026-08-12 | Studio | 38.8 | 445 900 | 11 483 | resale |
| 2026-08-03 | Studio | 37.8 | 471 625 | 12 464 | resale |
| 2026-08-03 |  | 116.4 | 2 200 000 | 18 900 | resale |
| 2026-07-23 | Studio | 40.4 | 430 000 | 10 641 | resale |
| 2026-07-16 | 2 BR | 102.7 | 930 000 | 9 052 | resale |
| 2026-07-10 | 1 BR | 70.9 | 750 000 | 10 572 | resale |
| 2026-06-23 | Studio | 40.4 | 440 000 | 10 891 | resale |

## Rental history (Ejari): last 12 months, by year, by quarter

Origin: DLD registry; medians: Our calculation. Contracts in total: 2 103, from 2021-10-15 to 2026-10-16. Rent is annual.

| Period | Contracts | Median annual rent, AED | Median AED/m² per year |
|---|---|---|---|
| **Last 12 months** | 495 | 40 000 | 900 |

### By year

| Period | Contracts | Median annual rent, AED | Median AED/m² per year |
|---|---|---|---|
| 2021 | 7 | 119 985 | 1 063 |
| 2022 | 222 | 23 000 | 526 |
| 2023 | 472 | 31 000 | 688 |
| 2024 | 548 | 36 000 | 800 |
| 2025 | 447 | 40 000 | 900 |
| 2026 | 407 | 40 000 | 899 |

### By quarter

| Period | Contracts | Median annual rent, AED | Median AED/m² per year |
|---|---|---|---|
| 2021-Q4 | 7 | 119 985 | 1 063 |
| 2022-Q1 | 2 | — | — |
| 2022-Q2 | 56 | 22 877 | 500 |
| 2022-Q3 | 94 | 23 000 | 526 |
| 2022-Q4 | 70 | 24 000 | 575 |
| 2023-Q1 | 47 | 26 000 | 615 |
| 2023-Q2 | 78 | 30 000 | 634 |
| 2023-Q3 | 170 | 30 000 | 684 |
| 2023-Q4 | 177 | 32 000 | 750 |
| 2024-Q1 | 115 | 36 000 | 800 |
| 2024-Q2 | 102 | 36 000 | 792 |
| 2024-Q3 | 155 | 36 000 | 769 |
| 2024-Q4 | 176 | 38 000 | 821 |
| 2025-Q1 | 100 | 38 000 | 923 |
| 2025-Q2 | 109 | 40 000 | 875 |
| 2025-Q3 | 112 | 40 000 | 865 |
| 2025-Q4 | 126 | 40 000 | 900 |
| 2026-Q1 | 105 | 42 000 | 1 000 |
| 2026-Q2 | 98 | 40 000 | 848 |
| 2026-Q3 | 156 | 38 000 | 871 |
| 2026-Q4 | 48 | 38 000 | 947 |

### Latest registered rental contracts (anonymised)

| Date | Type | Size, m² | Rent, AED/year | AED/m² per year |
|---|---|---|---|---|
| 2026-10-16 | Hotel | 39.9 | 35 000 | 878 |
| 2026-10-16 | Hotel | 52.6 | 45 000 | 856 |
| 2026-10-15 | Studio | 35 | 36 000 | 1 028 |
| 2026-10-15 | Studio | 35.9 | 38 000 | 1 059 |
| 2026-10-14 | Studio | 40 | 32 000 | 799 |
| 2026-10-13 | Studio | 39.4 | 45 000 | 1 141 |
| 2026-10-13 | Hotel | 40 | 38 000 | 950 |
| 2026-10-13 | Studio | 38 | 42 000 | 1 106 |
| 2026-10-12 | Studio | 39.1 | 35 000 | 895 |
| 2026-10-11 | Hotel | 39.3 | 40 000 | 1 018 |

## Sources and provenance

- DLD registry — taken from the Dubai Land Department register as recorded.
- Developer supplied — stated by the developer; prices change without notice.
- Our calculation — computed by us from the first two.

## Links

- Project page: https://continentalclub.ae/project/damac-hills-2-viridis-damac-hills-2/
- The same record as JSON: https://continentalclub.ae/project/damac-hills-2-viridis-damac-hills-2.json
- Methodology and origin labels: https://continentalclub.ae/methodology/#provenance
- RU: https://continentalclub.ae/ru/project/damac-hills-2-viridis-damac-hills-2-ru/

Record updated: 2026-10-17

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How to cite: "Damac Hills 2 Viridis — Continental Club Property, from Dubai Land Department registry and developer data, 2026-10-17, https://continentalclub.ae/project/damac-hills-2-viridis-damac-hills-2/"