DAMAC "Artesia"
DAMAC Properties · Damac Hills · Dubai
SKID Score6.4 / 10
SKID Score
6.4 / 10
Proceed with caution
Proceed with caution. Several evidenced factors are weak. Strongest evidenced factor: developer. Weakest: entry price.
SKID warning
This project appears expensive relative to comparable transactions.
- Published price
- From AED 915K
- Payment plan
- —
- Handover
- Feb 2021
- Available units
- 0–2 beds · Freehold
- Gross yield
- 5.2%
- Fair value
- -26.9%
- Risk
- High
- At handover
- Plan not published
SKID intelligence
How does this project compare across all 10 factors?
- Gross yield
- 5.2%
- Fair value
- -26.9%
Last evaluated: 2026-10-07
01 · Ranked
10 factors
0% total
Tap any slice or factor below to inspect how SKID weighs and verifies it.
Why SKID gave it 6.4
| Factor | Weight | Score |
|---|---|---|
Location Amenities mention park | 22.2% | 6.5/ 10 |
Entry price Launch is -26.9% versus median DLD sale price per sq ft in this community | 16.7% | 3.2/ 10 |
Developer 21 other catalog project(s) already past their published handover | 16.7% | 8.6/ 10 |
Supply / competition 6 competing launches in Damac Hills | 11.1% | 6.4/ 10 |
Appreciation potential Community closed-sale trend is +8.0% year on year | 11.1% | 8.4/ 10 |
Rental yield Implied gross yield is 5.2% against community rents | 8.3% | 6.4/ 10 |
Delivery risk The published handover date is already in the past | 5.6% | 3.8/ 10 |
Service charges Service charge published at 25 | 2.8% | 5.5/ 10 |
Exit liquidity 605 closed sales in the last year in this community | 5.6% | 8.6/ 10 |
Strong
- • 21 other catalog project(s) already past their published handover
- • Community closed-sale trend is +8.0% year on year
- • 605 closed sales in the last year in this community
Watch
- • Amenities mention park
- • 6 competing launches in Damac Hills
- • Implied gross yield is 5.2% against community rents
Risk
- • Launch is -26.9% versus median DLD sale price per sq ft in this community
- • The published handover date is already in the past
- • Service charge published at 25
🤖What the agents are saying & Did each agent do its job?Show audit details ▾
Did each agent do its job?
No current news specifically about this project, developer, or community, so news did not change the SKID score.
Developer evaluation for DAMAC Properties: 8.6 / 10 from catalog delivery history. 21 other catalog project(s) already past their published handover Delivery risk 3.8 / 10. The published handover date is already in the past.
Community read for Damac Hills: location 6.5 / 10, supply 6.4 / 10. Amenities mention park 6 competing launches in Damac Hills
Pricing agent: Launch is -26.9% versus median DLD sale price per sq ft in this community Service charge published at 25 605 closed sales in the last year in this community
ROI agent: Community closed-sale trend is +8.0% year on year Implied gross yield is 5.2% against community rents
No payment plan split was published, so the payment plan did not change the SKID score.
Proceed with caution. Several evidenced factors are weak. Strongest evidenced factor: developer. Weakest: entry price.
What the agents are saying
News sentiment
No current news specifically about this project, developer, or community, so news did not change the SKID score.
Developer evaluation
Developer evaluation for DAMAC Properties: 8.6 / 10 from catalog delivery history. 21 other catalog project(s) already past their published handover Delivery risk 3.8 / 10. The published handover date is already in the past.
Community
Community read for Damac Hills: location 6.5 / 10, supply 6.4 / 10. Amenities mention park 6 competing launches in Damac Hills
Pricing
Pricing agent: Launch is -26.9% versus median DLD sale price per sq ft in this community Service charge published at 25 605 closed sales in the last year in this community
ROI
ROI agent: Community closed-sale trend is +8.0% year on year Implied gross yield is 5.2% against community rents
Payment plan
No payment plan split was published, so the payment plan did not change the SKID score.
Orchestrator
Proceed with caution. Several evidenced factors are weak. Strongest evidenced factor: developer. Weakest: entry price.
Location
Damac Hills · Dubai
Recent sales nearby
| Date | Type | Price | Sq ft | AED / sq ft |
|---|---|---|---|---|
| 2026-07-06 | Ready · Apartment | AED 600K | 433 | 1,385 |
| 2026-07-06 | Ready · Apartment | AED 1.48M | 1,217 | 1,216 |
| 2026-07-06 | Off-plan · Apartment | AED 2.49M | 1,345 | 1,850 |
| 2026-07-06 | Off-plan · Apartment | AED 2.22M | 1,337 | 1,656 |
| 2026-07-06 | Off-plan · Apartment | AED 2.29M | 1,261 | 1,813 |
| 2026-07-06 | Off-plan · Apartment | AED 1.28M | 685 | 1,874 |
| 2026-07-06 | Off-plan · Apartment | AED 1.28M | 699 | 1,829 |
| 2026-07-06 | Off-plan · Apartment | AED 1.68M | 1,062 | 1,581 |
Closed sales in this community. These are not this tower's own contracts unless the record says so.
Available units
0–2 beds · Apartments, Hotel apartments
AED 915K – AED 1.5M
478 – 833 sq.ft
AED 1.6M – AED 2.18M
895 – 1,250 sq.ft
From AED 2.29M
1,312 sq.ft
From 478 sq ft / sq m as published
Service charge 25
Amenities
- Shared Pool
- Lobby
- Shared Gym & Fitness Centre
- Leisure Areas
- SPA
- Lift
- Dining outlets (coffee houses & restaurants)
- Retail Outlets
- Sports Ground
- Parking
- Landscaped Park
- Pool Deck
- Sitting Area
- Landscaped Open Areas
- Broadband Internet
- Clubhouse
- Resting Areas
- Golf Course
Compare
DAMAC "Artesia"
From AED 915K · ★ 6.4 / 10
Questions about this launch
- Who is building DAMAC "Artesia"?
- DAMAC Properties is the developer named on this launch.
- When is handover for DAMAC "Artesia"?
- The published handover is Feb 2021.
- What is the starting price of DAMAC "Artesia"?
- The published starting price is AED 915K.
- What does the SKID screen mean for DAMAC "Artesia"?
- The SKID screen for this launch in Damac Hills is 55 out of 100. It ranks the published payment plan, handover date, starting price, and whether a developer is named. It is not a buy signal. Run the simulation before you reserve.