Gems Estates By Damac
DAMAC Hills · by DAMAC · Dubai
The record
- Developer
- DAMAC
- Community
- DAMAC Hills
- City
- Dubai
- Sale status
- Sold out
- Construction
- Under construction
- Classification
- Off-plan
- Property types
- Villa
- Bedrooms offered
- 5, 6, 7
- Priced unit records
- 0
- Payment plans listed
- 1
- Sub-community
- Damac Gems Estates
StatedProject facts, developer-published inventory, as published by the developerread 2026-07-30
Blank means the developer published nothing, not that the answer is zero.
Where this price sits
No priced unit records have been published for Gems Estates By Damac, so there is no median AED/sqft to compare and we will not estimate one. What can be said is the ground it sits on: the 238 priced off-plan units in DAMAC Hills run at a median of AED 1,695 per sqft, with the middle half between AED 1,534 and AED 1,794, against a Dubai median of AED 2,021.
The one published price is the entry point, AED 24,296,000. Without a unit size it cannot be turned into a price per sqft, so it is left as it was published.
Fewer than eight priced units are published for Gems Estates By Damac, which is not enough to draw an honest spread, so this page draws none. The DAMAC Hills distribution above the community page is the closest evidence there is. What we do and do not compute.
The published payment plan
Only plans whose stages add up to the whole price are listed. The structure column files each plan the way the payment plan pages do, so a link shows every other project offering the same shape. Its handover quarter has a payment calendar page for Q4 2026: what every tracked project owes in that quarter.
The payment plan
This plan spreads the price over the months to handover and beyond, and money you have not paid yet is money you still have. Valuing every instalment on the day it actually falls due, at 5.0% a year, this schedule is worth 0.56% less than the headline, or AED 135,262 on the published entry price. It is not a discount anyone will give you at the counter, and the total you sign for does not change. It is what the timing is worth, and it is the number to compare against another project handing over at the same time.
Computed from the published schedule and the stated handover date, at a 5.0% annual cost of money compounded monthly. It credits no rent, no capital growth and no allowance for a handover delay. Definition and the reason for the rate: methodology. Where this project sits against every other: the plan discount ranking.
On the published entry price of AED 24,296,000 that is AED 14,577,600 before handover. Run other prices through the payment plan calculator.
Booking, construction and handover are three independent medians, so they are normalised to 100 before drawing and the handover share carries the remainder. 3% of plans in DAMAC Hills schedule instalments after the keys.
More in DAMAC Hills
The same slice of DAMAC Hills: handing over in 2026 5, with 20% down 8.
- AED/sqft
- n/a
- From
- AED 19.4M
- Handover
- Q4 2024
- Before keys
- 90%
- AED/sqft
- n/a
- From
- AED 24.1M
- Handover
- Q3 2024
- Before keys
- 60%
- AED/sqft
- 952
- From
- AED 24.1M
- Handover
- Q4 2026
- Before keys
- 60%
- AED/sqft
- n/a
- From
- n/a
- Handover
- n/a
- Before keys
- n/a
- AED/sqft
- n/a
- From
- n/a
- Handover
- Q4 2024
- Before keys
- 100%
- AED/sqft
- n/a
- From
- n/a
- Handover
- Q3 2021
- Before keys
- 100%
The full report: every community, every developer, ranked.
DAMAC Hills, Dubai in context: price per sqft by community and developer, payment plan structures ranked by cash due before handover, the 2026 to 2029 delivery pipeline, and the CSV behind every table. PDF plus data, delivered instantly.
OffplanIndex is an independent index. We are not the developer, not the agent and not a party to any sale. Figures are developer-published asking prices as read on 2026-07-30, not transaction records. Back to the project index.