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Dubai project data

DAMAC HILLS (2) - AMARGO: rents and rent contracts

داماك هيلز ( 2 ) - أمارجو

Registered sales and rent contracts for the project DAMAC HILLS (2) - AMARGO in Madinat Hind 4, from Dubai Land Department open data.

DAMAC HILLS (2) - AMARGO (Madinat Hind 4): 230 registered rent contracts in the 12 months to September 2026, median annual rent AED 81,000. Source: Dubai Land Department open data via data.dubai, as of 23 Oct 2026, calculated by Zolia.

Key figures, last 12 months

Data as of 23 Oct 2026 · Period Oct 2025 – Sep 2026

Registered sales
27
−40.0% vs previous 12 months
Median price per sq ft
under 3 with floor area
Median sale price
AED 1.4m
Off-plan share of sales
under 3
Registered rent contracts
230
Median annual rent
AED 81,000
Gross rental yield
under 3 sales
Mortgage registrations
28
Units in the register
no units in the DLD register

Registered mortgage transactions only, without interest rates and without lenders.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Off-plan and ready sales in DAMAC HILLS (2) - AMARGO

StatusSalesMedian per sq ftMiddle range per sq ft
Off-planunder 3under 3under 3
Ready27under 3 with floor areaunder 3 with floor area

Off-plan sales are sales of properties before completion, as registered in Dubai Land Department transactions; ready sales are sales of completed properties.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Rents and rental yield in DAMAC HILLS (2) - AMARGO

Registered rent contracts
230
Median annual rent
AED 81,000
Middle range of registered annual rents: AED 75,000 – AED 87,000
Median annual rent per sq ft
AED 65 per sq ft
Gross rental yield
under 3 sales

The permitted rent increase is set by the Smart Rental Index of the Dubai Land Department; this page does not compute an index value. About the Smart Rental Index

Too few ready apartment sales for a gross rental yield: fewer than 3 in the period, at least 30 needed. Land, whole buildings, villas and commercial units are not counted.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Price per sq ft and rents by unit type in DAMAC HILLS (2) - AMARGO

Unit typeSalesMedian per sq ftMedian annual rentGross yield
3 bedroomsunder 3under 3AED 80,000under 3 sales
5 bedrooms or moreunder 3under 3AED 110,000under 3 sales

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Price trend in DAMAC HILLS (2) - AMARGO

MonthSalesMedian per sq ftRent contracts
Oct 20243under 3 with floor area7
Nov 20245under 3 with floor area21
Dec 20243under 3 with floor area14
Jan 20254under 3 with floor area26
Feb 20253under 3 with floor area25
Mar 20255under 3 with floor area35
Apr 20253under 3 with floor area17
May 20253under 3 with floor area23
Jun 20256under 3 with floor area13
Jul 2025under 3under 325
Aug 20256under 3 with floor area26
Sep 20253under 3 with floor area14
Oct 2025under 3under 316
Nov 20254under 3 with floor area20
Dec 2025under 3under 315
Jan 2026under 3under 320
Feb 20264under 3 with floor area21
Mar 2026under 3under 322
Apr 2026under 3under 317
May 2026under 3under 319
Jun 20264under 3 with floor area14
Jul 2026under 3under 324
Aug 20264under 3 with floor area21
Sep 2026under 3under 321
Sales per calendar year
YearSalesMedian per sq ft
2017205under 3 with floor area
201820under 3 with floor area
201915under 3 with floor area
202013under 3 with floor area
202136under 3 with floor area
202279under 3 with floor area
202336under 3 with floor area
202438under 3 with floor area
202539under 3 with floor area

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Location

DAMAC HILLS (2) - AMARGO is a project in the DLD area Madinat Hind 4.

Figures for Madinat Hind 4

Names as in the registered transactions and rent contracts; company names are not shown.

More projects in Madinat Hind 4

Questions about DAMAC HILLS (2) - AMARGO

How many sales were registered in DAMAC HILLS (2) - AMARGO?
27 sales were registered in DAMAC HILLS (2) - AMARGO in Oct 2025 – Sep 2026.
What is the median annual rent in DAMAC HILLS (2) - AMARGO?
The median annual rent of registered rent contracts in DAMAC HILLS (2) - AMARGO was AED 81,000 in Oct 2025 – Sep 2026.
Which DLD area is DAMAC HILLS (2) - AMARGO in?
DAMAC HILLS (2) - AMARGO is registered in the Dubai Land Department area Madinat Hind 4.

Method and source

All Dubai projects with figuresAll Dubai areasHow these figures are calculated

Figures based on fewer than 3 records are not shown.

Source: Dubai Land Department, open data via data.dubai (as of 23 Oct 2026). Prepared by Zolia; not an official product of the Dubai Land Department.

Open data portal: data.dubai · Licence: Dubai Open Data Licence

  • Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae