Damac Hills - Artesia

Key facts

Handover (past)

Q1 2021

Status

Ready

Construction progress

100%

Property types

Apartments

Availability

Available

How Damac Hills - Artesia compares

Entry here is AED 908,250, against a median of AED 918,775 across the 6 priced projects in Damac Hills, which puts it above 1 of them and below 4. The plan opens at 100% down, against a Dubai median of 20%, so it asks 80% more up front than the typical plan. Handover lands in Q1 2021, alongside 4 other projects completing in the same quarter. DAMAC has 42 projects in our catalogue, 13 of them in Damac Hills.

Measured across our own catalogue of Dubai off-plan projects, refreshed with the source listings. Entry price is the lowest advertised unit price in a project, not an average transaction value.

Payment plan

Available units

Amenities

• Swimming Pools
• Gym
• Sport Courts
• Co-working Spaces
• Shopping & Dinning
• Spa & Wellness

Location

Damac Hills - Artesia sits in Dubai.

Master plan

The developer’s own site plan for Damac Hills - Artesia, showing how the buildings, roads and open space sit together.

What you pay, and when

The published schedule splits the price 100% on booking. At the AED 908,250 entry price, that is AED 908,000 to reserve a unit.

Dubai Land Department registration is charged at 4% of the purchase price on top, which is about AED 36,000 at this entry price. The 100% booking payment sits in a RERA-supervised escrow account rather than with DAMAC, held under Dubai's Law 8 of 2007 and drawn down against certified construction progress.

What the entry price works out at

The cheapest unit with a published size is 478 square feet at AED 908,250, which works out at AED 1,900 per square foot. Stated sizes run from 478 to 1,312 square feet.

Handover and construction

Damac Hills - Artesia reached handover in Q1 2021. Construction was last recorded at 100% complete.

Ownership and residency

The entry price sits below the AED 2,000,000 property threshold the 10 year UAE golden visa asks for, though 2 bedroom units here start at AED 2,210,250 and clear it on their own.

Who it suits

The development is Apartments in studio to 2 bedroom layouts.

What is on site

Shared facilities recorded for Damac Hills - Artesia include swimming pools, gym, sport courts, co-working spaces, shopping & dinning and spa & wellness. The development is 70 units in total. 70 floor plans are published for it.

Frequently asked