DAMAC HILLS (2) - VIRIDIS

Name: DAMAC HILLS (2) - VIRIDIS project market intelligence
Creator: Dubai Best Research

FINISHED

By Front Line Investment Management L.L.C · Madinat Hind 4

Median price/sqft

AED 885

3-yr CAGR

+9.3%

Transactions

589

Gross yield

8.6%

Launch → now (est.)

+13%

est. — modelled from compounded CAGR, pending launch-price data.

FINISHED

Project imagery — coming soon

Project consists of 4 towers with building type as serviced apartments with retails for 2 towers and residential apartments with retails for the other 2 towers. Tower A:G+1P+13+R Tower B:G+1P+13+R Tower C:G+1P+13+R Tower D:G+1P+13+R with internal and external finishes.

Appreciation — multiple measures

One number can mislead — we show the full picture.

1-yr CAGR

+8.9%

3-yr CAGR

+9.3%

5-yr CAGR

+2.5%

Median price: AED 466,032
Price/sqft (last 12 months): AED 997
Secondary-market share: 46%
Resale-only (est.): +12.3%
Like-for-like 1BR (est.): +10.3%

Current gross yield by bedroom

Studio: 8.6%
1BR: 8.0%
2BR: 7.5%
3BR: n/a
4BR+: n/a

Studio	1BR	2BR	3BR	4BR+
8.6%	8.0%	7.5%	n/a	n/a

Based on this project's own DLD sale + Ejari rent transactions (last 24 months); areas with thin data fall back to community averages.

Price & volume trend

Quarterly median price per sqft (line) against transaction volume (bars).

Recent transactions

12 Jun 2026

Unit: Studio · 480 sqft
Price: AED 408,000
AED per sqft: AED 850

28 May 2026

Unit: 1BR · 760 sqft
Price: AED 672,600
AED per sqft: AED 885

17 Apr 2026

Unit: 1BR · 820 sqft
Price: AED 754,400
AED per sqft: AED 920

05 Mar 2026

Unit: 2BR · 1,180 sqft
Price: AED 1,023,060
AED per sqft: AED 867

Date	Unit	Price	AED per sqft
12 Jun 2026	Studio · 480 sqft	AED 408,000	AED 850
28 May 2026	1BR · 760 sqft	AED 672,600	AED 885
17 Apr 2026	1BR · 820 sqft	AED 754,400	AED 920
05 Mar 2026	2BR · 1,180 sqft	AED 1,023,060	AED 867

Sample — representative transactions, pending the transaction-level DLD feed.

Source: DLD transactions (Dubai Pulse) · gifts, bulk & related-party transfers excluded

Project facts

Developer: Front Line Investment Management L.L.C
Area: Madinat Hind 4
Status: FINISHED
Units: 870
Buildings: 5
Completion date: 03 Apr 2023
Completed: 100%

Source: DLD transactions (Dubai Pulse) · Human-AI-assisted · Not financial advice.

Available now

1BR · 745 sqft
AED 672,735
Verified 02 Aug 2026
2BR · 1,145 sqft
AED 1,003,020
Verified 24 Jul 2026

Illustrative — live listings coming soon.

Want a better unit than what's listed?

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Related intelligence

Front Line Investment Management L.L.C profile→Madinat Hind 4 area intelligence→Compare nearby projects→

Published by Dubai Best Research · Human-AI-assisted · Methodology & sources disclosed

Not financial advice · Figures nominal unless stated