Claret

P1 — Delivered Off-Plan Primary
Developer Damac Properties
Community Damac Hills 2
Property type Villa
Data updated Feb 16, 2026

Claret is a Delivered development by Damac Properties in Damac Hills 2. 316 units across 3 Bedroom (48%), 4 Bedroom (23%), 6 Bedroom (15%). Over the trailing 12 months, 480 sales at a median of AED 2,550,000.

Key Metrics
Median Price
Value
AED 2,550,000
Change
27.5% YoY
Transactions
Value
480
Change
25 in period
Price / sqft
Value
AED 1,036
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 2,550,000
↑ 27.5% YoY
Transactions
480
↑ 25 in period
Price / sqft
AED 1,036
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
10.2%
Holding Period
Value
2.3 yrs
Liquidity
Value
7.9%
Ready Market Mix
Value
0.0%
Rental Activity
Value
34.3%
Capital Return
10.2%
Holding Period
2.3 yrs
Liquidity
7.9%
Ready Market Mix
0.0%
Rental Activity
34.3%

Rental Performance

Rental Volume
Value
1,128
Avg Annual Rent
Value
AED 98,680
New Leases
Value
58.7%
Renewals
Value
41.3%
Rental Volume
1,128
Avg Annual Rent
AED 98,680
New Leases
58.7%
Renewals
41.3%

Unit Mix

By bedroom type
3 Bedroom 150 units · 48%
4 Bedroom 73 units · 23%
5 Bedroom 46 units · 15%
6 Bedroom 47 units · 15%

Transaction Breakdown

All time — 480 transactions
Off-Plan Primary
270
Off-Plan Secondary
7
Ready Primary
44
Ready Secondary
159

Price History

Median Price — Claret

Median prices in Claret have trended upward, rising 4% to AED 2.6M over the past 11 months.

Recent Transactions

Showing last 10 of 480
Date Type Price (AED) Size (sqft) AED/sqft
Feb 16, 2026 RP Secondary 2,600,000 2,369 1,097
Feb 12, 2026 RP Secondary 2,200,000 1,624 1,354
Feb 02, 2026 RP Secondary 2,700,000 2,516 1,073
Jan 28, 2026 RP Secondary 1,725,000 1,768 975
Jan 22, 2026 RP Secondary 2,050,000 1,863 1,100
Jan 14, 2026 RP Secondary 2,050,000 1,768 1,159
Jan 02, 2026 RP Secondary 4,310,000 4,055 1,062
Dec 23, 2025 RP Secondary 1,700,000 1,768 961
Dec 04, 2025 RP Secondary 2,400,000 2,369 1,012
Nov 27, 2025 RP Secondary 1,635,000 1,768 924

This project is in Damac Hills 2

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