Pelham

P1 — Delivered Off-Plan Primary
Developer Damac Properties
Community Damac Hills
Property type Villa
Data updated Feb 23, 2026

Pelham is a Delivered development by Damac Properties in Damac Hills. 173 units across 3 Bedroom (96%), 5 Bedroom (4%). Over the trailing 12 months, 294 sales at a median of AED 3,550,000.

Key Metrics
Median Price
Value
AED 3,550,000
Change
11.8% YoY
Transactions
Value
294
Change
15 in period
Price / sqft
Value
AED 1,671
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 3,550,000
↑ 11.8% YoY
Transactions
294
↑ 15 in period
Price / sqft
AED 1,671
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
16.1%
Holding Period
Value
2.3 yrs
Liquidity
Value
8.6%
Ready Market Mix
Value
0.0%
Rental Activity
Value
40.6%
Capital Return
16.1%
Holding Period
2.3 yrs
Liquidity
8.6%
Ready Market Mix
0.0%
Rental Activity
40.6%

Rental Performance

Rental Volume
Value
575
Avg Annual Rent
Value
AED 166,619
New Leases
Value
59.1%
Renewals
Value
40.9%
Rental Volume
575
Avg Annual Rent
AED 166,619
New Leases
59.1%
Renewals
40.9%

Unit Mix

By bedroom type
3 Bedroom 167 units · 96%
5 Bedroom 6 units · 4%

Transaction Breakdown

All time — 294 transactions
Off-Plan Primary
156
Off-Plan Secondary
7
Ready Primary
22
Ready Secondary
109

Price History

Median Price — Pelham

Median prices in Pelham have declined significantly, down 20% to AED 4.2M over the past 8 months.

Recent Transactions

Showing last 10 of 294
Date Type Price (AED) Size (sqft) AED/sqft
Feb 23, 2026 RP Secondary 3,450,000 2,249 1,533
Feb 02, 2026 RP Secondary 4,900,000 2,704 1,811
Dec 23, 2025 RP Secondary 3,800,000 2,064 1,840
Dec 23, 2025 RP Secondary 3,550,000 2,064 1,719
Nov 10, 2025 RP Secondary 3,450,000 2,064 1,671
Oct 20, 2025 RP Secondary 3,425,000 2,064 1,659
Oct 02, 2025 RP Secondary 2,700,000 2,249 1,200
Sep 25, 2025 RP Secondary 4,800,000 2,704 1,774
Sep 09, 2025 RP Secondary 3,380,000 2,249 1,502
Aug 27, 2025 RP Secondary 5,500,000 2,704 2,033

This project is in Damac Hills

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