Amargo

P1 — Delivered Off-Plan Primary
Developer Damac Properties
Community Damac Hills 2
Property type Villa
Data updated Mar 13, 2026

Amargo is a Delivered development by Damac Properties in Damac Hills 2. 400 units across 3 Bedroom (88%), 5 Bedroom (12%), 4 Bedroom (0%). Over the trailing 12 months, 564 sales at a median of AED 1,317,500.

Key Metrics
Median Price
Value
AED 1,317,500
Change
1.3% YoY
Transactions
Value
564
Change
34 in period
Price / sqft
Value
AED 778
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 1,317,500
↑ 1.3% YoY
Transactions
564
↑ 34 in period
Price / sqft
AED 778
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
13.3%
Holding Period
Value
2.1 yrs
Liquidity
Value
8.5%
Price Dispersion
Value
3.3%
Ready Market Mix
Value
0.0%
Rental Activity
Value
45.0%
Capital Return
13.3%
Holding Period
2.1 yrs
Liquidity
8.5%
Price Dispersion
3.3%
Ready Market Mix
0.0%
Rental Activity
45.0%

Rental Performance

Rental Volume
Value
1,093
Avg Annual Rent
Value
AED 68,105
New Leases
Value
66.1%
Renewals
Value
33.9%
Rental Volume
1,093
Avg Annual Rent
AED 68,105
New Leases
66.1%
Renewals
33.9%

Unit Mix

By bedroom type
3 Bedroom 352 units · 88%
4 Bedroom 1 units · 0%
5 Bedroom 47 units · 12%

Transaction Breakdown

All time — 564 transactions
Off-Plan Primary
320
Off-Plan Secondary
16
Ready Primary
80
Ready Secondary
148

Price History

Median Price — Amargo

Median prices in Amargo have risen sharply, up 22% from AED 1.2M to AED 1.5M over the past 11 months.

Recent Transactions

Showing last 10 of 564
Date Type Price (AED) Size (sqft) AED/sqft
Mar 13, 2026 RP Secondary 1,450,000 1,697 854
Mar 05, 2026 RP Secondary 1,600,000 1,697 942
Feb 25, 2026 RP Secondary 1,400,000 1,671 837
Feb 24, 2026 RP Secondary 1,285,000 1,671 769
Feb 12, 2026 RP Secondary 1,375,000 1,671 822
Feb 05, 2026 RP Secondary 1,325,000 1,671 792
Jan 22, 2026 RP Secondary 1,525,000 2,487 613
Jan 12, 2026 RP Secondary 1,430,000 1,697 842
Nov 27, 2025 RP Secondary 1,420,000 1,671 849
Nov 26, 2025 RP Secondary 2,000,000 2,485 804

This project is in Damac Hills 2

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