DAMAC HILLS - CARSON
ResaleDeveloperDAMAC CRESCENT PROPERTIES
CommunityDAMAC HILLS
AreaAl Hebiah Third
Started
10 years 10 months ago01-03-2015
Handover
3 years 9 months ago29-03-2022
Status
CompleteFinished
Project Description
Project consists of 3 Residential towers with common podiums. The towers are configured to be G+3P+30+R (Tower A&B) and G+3P+31+R (Tower C). These are located in DAMAC HILLS at Dubailand. It designed to have a concreate structure and block with internal and external finishes.
Performance Alpha
Sales Performance
Blended: Last 90Dvs Last 12M Baseline
Stable+1%Growth
Current:AED 1,371/sqft
Last 12M:AED 1,353/sqft
Momentum: Last 12Mvs Prior Year
Rising+6%Growth
Last 12M:AED 1,353/sqft
Prior Year:AED 1,273/sqft
Community Compare: Last 90DDAMAC HILLS
Discount-7%Below Avg
Project:AED 1,375/sqft
Community:AED 1,486/sqft
Liquidity: Last 12MExit Speed
Moderate11%Turnover
171Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 1,126/sqft
Range:AED 283 – AED 2K
Avg Unit:AED 53K/yr
Leasing Volume: L12MContracts Signed
Very Active1,092Total
New:608
Renew:484
Tenant RetentionRenewal Rate
Good44%renewals
56% new tenants44% renewals
Gross YieldAnnual Return
High Yield82.1%Yield
Rent:AED 1,126/sqft
Price:AED 1,371/sqft
Supply & Demand Matrix
DAMAC HILLS - CARSON averaged 11% liquidity over the last 12 months, which is considered moderate. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.
Type
Absorption (L12M)
Velocity
Studio
1,132 units
121 sold1011 left
11%
Velocity
1 Bedroom
310 units
39 sold271 left
13%
Velocity
2 Bedrooms
113 units
11 sold102 left
10%
Velocity
Shop
20 units
0 sold20 left
0%
Velocity
Layouts & Units (1,575)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 4-34 | Inventory 1,132units 27 layouts · Typically 1 parking 6-16 sqm balcony | Size Range 71-867sqft | Price Range AED 200K - AED 750K | Avg PSF 1,243 | Sales 373 | Trend — | |
Asset Class 1 Bed FlatFloors 4-34 | Inventory 310units 19 layouts · Typically 1 parking 4-14 sqm balcony | Size Range 309-857sqft | Price Range AED 480K - AED 1.1M | Avg PSF 1,184 | Sales 118 | Trend — | |
Asset Class 2 Bed FlatFloors 4-32 | Inventory 113units 5 layouts · Typically 1 parking 13-30 sqm balcony | Size Range 662-1,461sqft | Price Range AED 1.0M - AED 2.1M | Avg PSF 1,048 | Sales 29 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 340-1,511sqft | Price Range — | Avg PSF 6,693 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 20units 20 layouts · Typically 2.9 parking | Size Range 1,202-4,239sqft | Price Range — | Avg PSF 2,000 | Sales 0 | Trend — |
Grouped into 5 asset classes covering 1,575 units