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park Residences 1 is a completed villas development by DAMAC CRESCENT PROPERTIES in Damac Hills, Al Hebiah Third, comprising 348 registered villas. 608 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,741 per sqft. At AED 1,741 per sqft, park Residences 1 prices 9% above the Damac Hills average of AED 1,599 per sqft on registered sales.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | Units | PIX© Price | PIX© PSF | PSF YoY | Trend | PIX© Rent /yr | Yield |
|---|---|---|---|---|---|---|---|
PIX© Core Project-Wide 1,485 – 6,508 sqft | 348 | 3.62M | 1,741 | ↑5.6% | 185K | 5.1% | |
| Residential | |||||||
2 Bed · Villa 1,595 – 4,239 sqft | 21 | — | — | — | — | — | |
3 Bed · Villa 1,485 – 3,758 sqft | 148 | ||||||
4 Bed · Villa 1,485 – 4,964 sqft | 168 | ||||||
5 Bed · Villa 2,407 – 6,508 sqft | 9 | — | — | — | |||
6 Bed · Villa 3,603 – 3,652 sqft | 2 | — | — | — | |||
Villa (Bedrooms Unknown) 4,950 – 6,508 sqft | — | — | — | ||||
| Land | |||||||
Land 1,485 – 2,462 sqft | — | — | — | ||||
| Date | Unit | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|
| 17 Jul 2026 | 4 Bed | 3,967 | 4,600,000 | 1,160 | -0.6% | Entry Level | Standard Sale |
| 10 Jul 2026 | 4 Bed | 1,781 | 3,030,000 | 1,701 | +33.2% | Standard | Payment Plan Sale |
| 6 Jul 2026 | 4 Bed | 1,938 | 3,350,000 | 1,729 | +77.3% | Standard | Standard Sale |
| Start Date | Unit | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|
| 1 Sep 2026 | 4 Bed | 1,938 | 175,000 | 90 | — | Entry Level | new |
| 22 Aug 2026 | 3 Bed | 1,647 | 199,000 | 121 | — | Premium | new |
| 19 Aug 2026 | 4 Bed | 1,615 | 195,000 | 121 | — | Standard | renewal |
Comparables
How this project prices against its peers, ranked by PIX© price per square foot.
Comparable projects in Damac Hills
The closest-priced registered projects in Damac Hills.
- Whitefield-2AED 1,790/sqft
- WhitefieldAED 1,684/sqft
- Golf Greens 2AED 1,679/sqft
- Damac DistrictAED 1,804/sqft
- Gems Estates 2AED 1,809/sqft
- Brookfield-2AED 1,649/sqft
Common questions about park Residences 1
Answered from Dubai Land Department registered transactions.
How much does a property in park Residences 1 cost?
Property in park Residences 1 sells at a current PIX© price of AED 1,741 per sqft, or about AED 3,615,655 for a typical unit, based on 608 sales registered with the Dubai Land Department.
Is park Residences 1 completed?
Yes. park Residences 1 is recorded as completed in the Dubai Land Department project register (completed q1 2025).
Who is the developer of park Residences 1?
park Residences 1 is developed by DAMAC CRESCENT PROPERTIES, the developer recorded against the project in the Dubai Land Department register.
What is the rental yield in park Residences 1?
park Residences 1 yields 5.1% gross, calculated from current PIX© rent against current PIX© sale price, across 414 registered Ejari contracts.
How many villas are in park Residences 1?
park Residences 1 holds 348 registered villas, per the Dubai Land Department unit register.
Have prices in park Residences 1 gone up or down?
Price per sqft has risen +5.6% over the last 12 months, to AED 1,741, across 608 registered sales.