Stunning Golf Views · Exquisite Design
DAMAC Hills· Verified Network· Ref RS-L-10914411
Listing data verified in the last few hours
Off‑plan 1‑bedroom unit in DAMAC Hills offers a solid 7% gross yield but trades slightly above district price, requiring price negotiation.
AI Investor Narrative
Why this listing scores the way it does
The listing is a 673 sqft, 1‑bedroom, 2‑bathroom apartment priced at AED 1,222,000 (≈AED 1,816 per sqft). Internal benchmarks flag the unit as 3% above the implied district median, which tempers the attractiveness despite a strong internal gross yield estimate of 7.1%. The location score of 72 reflects DAMAC Hills’ established amenities and proximity to the golf course, yet the overall score of 60 signals only moderate market enthusiasm. A 114‑day exposure on the market for an off‑plan project suggests the seller may be motivated to close, especially if comparable supply in the sub‑market is rising. The internal risk index of 41 points to average construction and developer risk, but the lack of transparent transaction comps adds uncertainty.
Deal signals
- high yield70/100
internal_estimated_yield 7.1% gross yield
- motivated seller60/100
114 days on market for an off‑plan unit indicates seller may be eager
Risk flags
- liquiditymedium
off‑plan unit with 114 days on market may be harder to resell quickly
- developer creditmedium
IOD Real Estate has limited public credit history in the dataset
- oversupplymedium
DAMAC Hills has a high inventory of similar off‑plan apartments
Comparables
Negotiation playbook
Verify the transaction against the Dubai Land Department register and use the 3% price‑per‑sqft premium as a negotiation lever. With 114 days on market, aim for a 5‑7% discount to bring the effective price per sqft closer to the implied district median, while confirming the unit’s exact finish and service‑charge schedule.
Verdict
Yield forecast
3-year appreciation
Market pulse · DAMAC Hills
Sentiment +0 · stable
There is insufficient recent transaction data to assess price momentum or demand in DAMAC Hills. Consequently, the market outlook remains uncertain, with no clear directional bias expected over the next twelve months.
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SELECTED PROPERTY
Stunning Golf Views · Exquisite Design
Intel Score: 60/100
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