Damac District Tower B (Damac Hills) — SKID Score 6.5/10

Key information

Delivery date: Aug 2029
Location: Dubai, Damac Hills, Damac District Tower B
Payment plan: On request
Property types: Apartment
Government fee: 4%
Ownership type: Freehold
Starting price / sq.ft: AED 1,861 / sq.ft
Unit sizes: From 434 sq.ft
SKID score: 6.5 / 10 (Worth comparing)

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Payment plan

Milestone payment plan available on request

Simulate custom installment schedules or request the latest developer rate card.

Project timeline

Project announcement
DAMAC Properties official release
Booking & registration
Open for unit reservation
Construction phase
Active development
Expected completion
Aug 2029

About the project

Worth comparing.

The evidenced factors are mixed.

Asking price is 30.7% above nearby closed sales (+AED 437/sq.ft.)

Published starting price per sq ft is notably above historical closed transactions in this district.

Amenities

Lobby
Leisure Areas
BBQ
Jogging Tracks
Lift
Sitting Area
Lounge
Outdoor Kids’ Play Area
Yoga Area
Shared Gym & Fitness Centre
Social Zone
Recreational Areas
Sports Ground
Parking
Pool Deck
Fountain
Gaming Lounge
Pet Garden
Children’s Pool
Dining outlets (coffee houses & restaurants)
Retail Outlets
Walking Paths
Paddle court
Resting Areas
Event Lawns
Park Access
Shared Pool
Broadband Internet
Landscaped Garden
Basketball Court
Golf Simulator
Terrace Garden
Football Field
Tennis Court
Sleep Over Snug (Nursery)
Golf Course
Floating Deck with Sunbeds
Volleyball
Skate Park
Sunset Bar
Horse Riding

Units

from developer

Studio

Floor plan not published by source

434 sq.ft · AED 1,861 / sq.ft

From AED 808K

1 BR

Floor plan not published by source

Size on request

Price on request

Floor plans & layouts

Floor plans not yet published by developer

Request the latest developer brochure and unit floor plan sheets on WhatsApp.

Request floor plans

Price comparison & DLD history

8-Factor Evidence Breakdown

7/8 factors backed by verified evidence (88% weight coverage) · skid-geo-v3.0-8factor

6.5/ 10

Historical DLD Transaction Context

Asking price is 30.7% higher than nearby completed homes (+AED 437/sq.ft.)

30.7% above comparable sales

The developer asks AED 808,000 (~AED 1,861/sq.ft. for a published 434 sq.ft. starting unit), while comparable residential homes in Damac Hills sold for a median of AED 1,424/sq.ft. (AED 618,158 for the same size).

1. Published Asking Price

AED 1,861 / sq.ft.

AED 808,000 starting price · 434 sq.ft.

2. Historical Nearby Closed Sales

AED 1,424 / sq.ft.

~AED 618,158 for the same size

3. Spread vs Historical Median

+AED 437 / sq.ft. (+30.7%)

+AED 189,842 vs historical median

Show bar comparison & transaction context

Published Launch AskAED 1,861 / sq.ft.

Historical Nearby Closed Sales MedianAED 1,424 / sq.ft.

Historical transaction context: The asking rate is 30.7% (~AED 189,842 on a 434 sq.ft. unit) above recent nearby completed homes in Damac Hills. Paying above recent nearby transactions increases your upfront entry basis—local secondary prices would need to sit at least 30.7% higher—plus ~4%–6% in registration and resale costs—at handover just to match today's baseline.

Get an available quotation

Select a verified unit bucket to inspect published pricing and payment milestones.

Official payment schedule is available on request from the developer. Open the calculator to inspect unit pricing and closing fees.

View full 8-factor score breakdown & recent DLD sales

Key takeaways before you buy

Plain-language summary of pricing, payment terms, and delivery outlook

Bottom Line

Asking price is 30.7% above nearby closed sales (+AED 437/sq.ft.)

The developer asks AED 1,861/sq.ft., whereas comparable homes in Damac Hills sold for a median of AED 1,424/sq.ft. (~AED 189,842 higher for the same area). (Verified Fact · Verified DLD Sales)

Pricing vs. Closed Sales

+30.7% (+AED 437/sq.ft.)

Asking price is 30.7% above nearby closed sales (+AED 437/sq.ft.)

The developer asks AED 1,861/sq.ft., whereas comparable homes in Damac Hills sold for a median of AED 1,424/sq.ft. (~AED 189,842 higher for the same area).

Why this matters: The asking rate is 30.7% (~AED 189,842 on a 434 sq.ft. unit) above recent nearby completed homes in Damac Hills. Paying above recent nearby transactions increases your upfront entry basis—local secondary prices would need to sit at least 30.7% higher—plus ~4%–6% in registration and resale costs—at handover just to match today's baseline.

Handover Horizon (Potential Risk)

~3.3 Yrs (2029-08)

Estimated ~3.3-year horizon until 2029-08 target handover (~40 months)

Target completion is scheduled for 2029-08. SKID does not assume or predict developer delays, but a ~3.3-year construction window carries potential schedule and market-cycle exposure.

Why this matters: Capital committed during construction remains illiquid until handover, and multi-year timelines carry potential exposure to contractor pacing, phased delivery, and market shifts.

Developer Track Record (Tier Estimate)

7.0/10 Tier Est.

Limited project-level completion data for DAMAC Properties in feed (7.0/10 tier estimate)

DAMAC Properties is classified as an established UAE developer (7.0/10 tier baseline estimate), but historical project-by-project handover delay records are incomplete in this dataset.

Why this matters: Brand tier baselines are calculated estimates rather than verified on-time guarantees; verify the project-specific DLD escrow registration and construction milestones.

SKID intelligence

How does this project compare across all 8 factors?

Evidence Coverage: 7/8 factors (87.9%)
Methodology: skid-geo-v3.0-8factor

How SKID scores & compares projects

Last evaluated: 2026-11-02

Strong

• 2 other live launches in Damac Hills
• Handover sits in a typical 1–3 year off-plan window
• 318 closed sales in the last year in this community

Watch

• Amenities mention park
• Active UAE developer with established multi-project delivery history
• Service charge published at 16

Risk

• Published starting price vs historical DLD closed sales median: +30.7% above historical DLD closed sales median per sq ft in this community

See all 8 scoring factorsWhy SKID gave it 6.5

Why SKID gave it 6.5

Location

Weight: 27.6%

6.5/ 10

Amenities mention park

Entry price

Weight: 20.7%

3.2/ 10

Published starting price vs historical DLD closed sales median: +30.7% above historical DLD closed sales median per sq ft in this community

Developer

Weight: 20.7%

7.0/ 10

Active UAE developer with established multi-project delivery history

Supply / competition

Weight: 13.8%

8.0/ 10

2 other live launches in Damac Hills

Payment plan

Weight: 12.1%

Insufficient evidence (N/A)

Delivery risk

Weight: 6.9%

8.9/ 10

Handover sits in a typical 1–3 year off-plan window

Exit liquidity

Weight: 6.9%

8.6/ 10

318 closed sales in the last year in this community

Service charges

Weight: 3.5%

7.1/ 10

Service charge published at 16

Factor	Weight	Score
Location Amenities mention park	27.6%	6.5/ 10
Entry price Published starting price vs historical DLD closed sales median: +30.7% above historical DLD closed sales median per sq ft in this community	20.7%	3.2/ 10
Developer Active UAE developer with established multi-project delivery history	20.7%	7.0/ 10
Supply / competition 2 other live launches in Damac Hills	13.8%	8.0/ 10
Payment plan Insufficient evidence (N/A)	12.1%	Insufficient evidence (N/A)
Delivery risk Handover sits in a typical 1–3 year off-plan window	6.9%	8.9/ 10
Exit liquidity 318 closed sales in the last year in this community	6.9%	8.6/ 10
Service charges Service charge published at 16	3.5%	7.1/ 10

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
2026-07-06	Off-plan · Apartment	AED 2.01M	1,296	1,549
2026-07-06	Off-plan · Apartment	AED 1.24M	672	1,850
2026-07-03	Ready · Apartment	AED 970K	818	1,185
2026-07-03	Ready · Apartment	AED 500K	340	1,469
2026-07-02	Off-plan · Apartment	AED 1.98M	1,345	1,470
2026-07-01	Ready · Apartment	AED 1.18M	887	1,328
2026-07-01	Ready · Apartment	AED 1.9M	1,472	1,291
2026-07-01	Ready · Apartment	AED 1.4M	1,326	1,056
2026-07-01	Ready · Apartment	AED 585K	405	1,446
2026-07-01	Off-plan · Apartment	AED 2.21M	1,160	1,905
2026-06-30	Ready · Apartment	AED 975K	798	1,222
2026-06-30	Ready · Apartment	AED 620K	407	1,522
2026-06-30	Off-plan · Apartment	AED 1.46M	805	1,818
2026-06-30	Off-plan · Apartment	AED 1.47M	800	1,832
2026-06-29	Ready · Apartment	AED 1M	889	1,125
2026-06-29	Off-plan · Apartment	AED 1.19M	672	1,765

Closed sales in this community. These are not this tower's own contracts unless the record says so.

Location

Dubai, Damac Hills, Damac District Tower B

Interactive map ready (1 verified location)

· Damac Hills, Dubai

View project

Living in Damac Hills

Historical DLD Median

AED 1,424 / sq.ft

Historical DLD Sample

234 closed sales

Ownership

Freehold

Frequently asked questions

Is Damac District Tower B a good off-plan investment in Damac Hills?

Damac District Tower B in Damac Hills (Dubai) scores 6.5/10 (compare) on the independent SKID 8-factor off-plan model across 88% evidenced factor weight. Worth comparing. The evidenced factors are mixed. Strongest evidenced factor: delivery risk. Weakest: entry price. Historical DLD Closed Transactions: matched closed sales in Damac Hills record a median of AED 1,424/sqft across 234 verified transactions. Reviewed by SKID Investment Research Engine (as of 2026-11-02).

Who is building Damac District Tower B?

DAMAC Properties is the developer named on this launch.

When is handover for Damac District Tower B?

The published handover is Aug 2029.

What is the starting price of Damac District Tower B?

The published starting price is AED 808K.

What does the SKID screen mean for Damac District Tower B?

The SKID screen for this launch in Damac Hills is 80 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.