PropertyIndex

Amargo

Completed|503 villas

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Amargo is a completed community by DAMAC in Damac Hills 2, comprising 503 registered villas. 209 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,044 per sqft. At AED 1,044 per sqft, Amargo prices in line with the Damac Hills 2 median of AED 1,043 per sqft on registered sales.

PIX© price · 6.0% YoY
1.38MAED
Typical
1,044AED
PSF
Gross yield
6.5%
PIX© rent ÷ PIX© price
Sale records
209
DLD · all time
Rent contracts
1,310
Ejari · all time
Exclusive to PropertyIndex©

PIX© Unit History

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Units on floor unknown
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Amargo

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
1,164 - 3,001 sqft
5031.38M1,0446.0%90K6.5%
Residential
3 Bed · Villa
1,164 - 3,001 sqft
456----
5 Bed · Villa
1,208 - 1,802 sqft
47----
Land
Land
1,164 - 3,001 sqft
---
Sales - Project-Wide209 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnit No.BedsSizePricePSFvs Prior SaleTierType
4 Sep 20261,2081,290,0001,068-StandardStandard Sale
31 Aug 20261,9512,100,0001,077+20.0%StandardStandard Sale
17 Aug 20261,2341,310,0001,061-StandardStandard Sale
Rentals - Project-Wide1,310 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Latest contracts
Start DateUnit No.BedsSizeRent / YrRent PSFvs Prior RentTierType
5 Oct 20263 Bed1,80290,00050-StandardCONTRACT
3 Oct 20263 Bed1,50590,00060-StandardCONTRACT
25 Sep 20263 Bed1,20882,00068-StandardCONTRACT

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Damac Hills 2

The closest-priced registered projects in Damac Hills 2.

Common questions about Amargo

Answered from Dubai Land Department registered transactions.

How much does a property in Amargo cost?

Property in Amargo sells at a current PIX© price of AED 1,044 per sqft, or about AED 1,379,155 for a typical unit, based on 209 sales registered with the Dubai Land Department.

Is Amargo completed?

Yes. Amargo is recorded as completed in the Dubai Land Department project register.

Who is the developer of Amargo?

Amargo is developed by DAMAC, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Amargo?

Amargo yields 6.5% gross, calculated from current PIX© rent against current PIX© sale price, across 1,310 registered Ejari contracts.

How many villas are in Amargo?

Amargo holds 503 registered villas, per the Dubai Land Department unit register.

Have prices in Amargo gone up or down?

Price per sqft has fallen -6.0% over the last 12 months, to AED 1,044, across 209 registered sales.